Masdar highlights opportunities for smart urban transportation

Masdar highlights opportunities for smart urban transportation

Thursday, 18 January 2018 06:39

Emerging m...

Angola sets up committee to oversee US$5bn sovereign wealth fund

Angola sets up committee to ov…

Thursday, 18 January 2018 06:15

The Finance Ministry of Angola has announced to set up a supervisory committee for the country’s US$5bn sovereign wealth fund...

NEXTracker delivers solar trackers to Egypt’s Benban solar park

NEXTracker delivers solar trac…

Wednesday, 17 January 2018 06:15

The global solar EPC company Sterling and Wilson has selected NEXTracker to supply 325MW of its single-axis solar trackers to...

Engie expands its energy services in West and Central Africa

Engie expands its energy servi…

Tuesday, 16 January 2018 09:55

Engie has signed an agreement to acquire Afric Power and Tieri, which are specialising in energy services in West Africa

Aggreko to provide stable power in Madagascar

Aggreko to provide stable powe…

Tuesday, 16 January 2018 06:16

Aggreko, a global supplier of temporary power generation equipment, has started to supply its HFO-generated power to Madagascar, in a...

World Bank forecasts 3.2 per cent GDP growth in Sub Saharan Africa in 2018

World Bank forecasts 3.2 per c…

Friday, 12 January 2018 15:00

The World Bank annual forecasts predict a 3.2 per cent growth across Africa south of the Sahara.

Executive vice-president of OPIC travels to Togo

Executive vice-president of OP…

Friday, 12 January 2018 06:48

David Bohigian, executive vice-president of Overseas Private Investment Corporation (OPIC), has met Togolese Prime Minister Komi Klassou and toured an...

BBOXX to deliver pay-as-you-go solar to urban DRC

BBOXX to deliver pay-as-you-go…

Friday, 12 January 2018 06:23

BBOXX, provider of affordable, clean energy to off-grid communities, has launched large pay-as-you-go (PAYG) solar systems in the Democratic Republic...

South Africa’s trade grows 10 per cent in the Q3 2017

South Africa’s trade grows 10 …

Wednesday, 10 January 2018 06:55

South Africa’s total import and export container trade market experienced consistent 10 per cent year-on-year growth during the Q3 2017,...

Joshua Romisher joins Fenix team as chief financial officer

Joshua Romisher joins Fenix te…

Tuesday, 09 January 2018 06:45

Fenix International, a next generation energy company operating across Africa, has appointed Joshua Romisher to its core leadership team as...

Acwa Power reaches financial close for three solar PV projects in Egypt

Acwa Power reaches financial c…

Monday, 08 January 2018 06:27

ACWA Power has reached financial close of the three solar PV projects worth US$190mn under Round 2 of Egypt Feed-in-Tariff...

 FAO and World Food Programme to assist farmers in Congo and Nigeria

FAO and World Food Programme …

Friday, 05 January 2018 06:44

The Food & Agriculture Organization (FAO) and the World Food Programme (WFP) have stepped up efforts to assist farmers and...

AfDB approves third sovereign lending instrument

AfDB approves third sovereign …

Friday, 05 January 2018 06:06

The board of directors of the African Development Bank Group (AfDB) have approved the Bank’s third sovereign lending instrument called...

Engie acquires SPIE Group’s operation in Morocco

Engie acquires SPIE Group’s op…

Thursday, 04 January 2018 06:05

Engie has signed an agreement with the SPIE Group to acquire SPIE Morocco’s operations

BWSC to supply gas-fired power plant in Benin

BWSC to supply gas-fired power…

Thursday, 04 January 2018 05:32

The Danish power plant specialist Burmeister & Wain Scandinavian Contractor (BWSC), in consortium with MAN Diesel and Turbo (MDT), has...

Clinigen to supply Halaven, Fycompa and Lenvima into 10 African countries

Clinigen to supply Halaven, Fy…

Wednesday, 03 January 2018 10:36

Clinigen Group plc, the global pharmaceutical and services company, has partnered with Eisai Europe Ltd to obtain the marketing authorisation...

Ovamba wins African FinTech award

Marvin Cole FinTech Africa awards2Marvin Cole, Ovamba co-founded and president. (Image source: hawthorn advisors)Ovamba Cameroon Solutions has been recognised as the 'Best African Lending and Finance Company' of 2016 at last month's African FinTech Awards, held at the Sandton Convention Centre in Johannesburg, South Africa

The online African funding and logistics provider for small and medium-sized businesses scooped the honour and secured a top 15 spot in the African FinTech 100.

The awards were part of the largest exhibition and conference for finance professionals, Finance Indaba Africa. 

The winners for each category are determined by an independent panel of judges, which included investors and visionaries in the industry, as well as a popular vote that amounted for 25 per cent of the final score. The panel voted on innovation, customer sanctification, value, delivery and traction to decide the winners.

The judges said Ovamba provides a "much-needed service in West Africa" for small and medium-sized businesses, and is "solving a real problem that will enable Africa to grow and give opportunity to some seriously bright individuals and business ideas".

Watch out for the February issue of African Technical Review for more on the FinTech opportunity in Nigeria, Ethiopia and the DRC. 

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

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