Building the Africa of the future

Building the Africa of the future

Thursday, 19 July 2018 08:25

Vincent Co...

Globeleq to acquire South African renewable assets from Brookfield

Globeleq to acquire South Afri…

Thursday, 19 July 2018 06:14

Globeleq, a power sector leader in Africa, has acquired Brookfield Asset Management’s interests in its South African renewable energy portfolio

Equatorial Guinea directs cancellation of CHC Helicopter contracts

Equatorial Guinea directs canc…

Thursday, 19 July 2018 06:03

The Ministry of Mines and Hydrocarbons of Equatorial Guinea has mandated the country’s petroleum operators to cancel all contracts with...

‘Investment in electricity surpasses oil and gas in 2017’

‘Investment in electricity sur…

Wednesday, 18 July 2018 06:51

The electricity sector has attracted the largest share of energy investments in 2017, exceeding the oil and gas industry for...

GE Power releases whitepaper on digitisation of energy transmission and distribution in Africa

GE Power releases whitepaper o…

Wednesday, 18 July 2018 06:47

As Africa faces emerging opportunities to help deliver efficient, affordable and reliable electricity to consumers, GE Power’s Grid Solutions business...

First made in Africa B2B e-commerce platform launched

First made in Africa B2B e-com…

Wednesday, 18 July 2018 06:30

Pan-Africa’s pioneer Business to Business (B2B) e-commerce platform for made in Africa products, AFRIMART, has officially taken off, offering prospects...

SGS achieves strong growth, revenue worth US$3.30bn

SGS achieves strong growth, re…

Wednesday, 18 July 2018 06:15

The SGS Group has announced to perform strongly in the first semester reporting total revenue of US$3.30bn

Davies urges tariff exemption on South African steel and aluminium

Davies urges tariff exemption …

Wednesday, 18 July 2018 06:06

The minister of trade and industry, Dr Rob Davies has reiterated that South Africa’s steel and aluminium does not pose...

ACWA Power to develop 100MW solar project in South Africa

ACWA Power to develop 100MW so…

Tuesday, 17 July 2018 06:55

The Central Energy Fund of South Africa and Saudi-based ACWA Power have signed a cooperation agreement to develop a 100MW...

Afreximbank and WTC Miami to expand US-Africa trade relations

Afreximbank and WTC Miami to e…

Tuesday, 17 July 2018 06:41

The African Export-Import Bank (Afreximbank) and the World Trade Centre Miami Inc (WTCM) have signed a three-year MoU agreement to...

Nigeria’s economic outlook for 2018 remains challenging, says IMF

Nigeria’s economic outlook for…

Tuesday, 17 July 2018 06:22

Nigeria's economic outlook for 2018 remains challenging, as private sector lending remains low and foreign exchange inflows are mostly short-term,...

IVECO: Stralis X-Way the new truck response

IVECO: Stralis X-Way the new t…

Monday, 16 July 2018 06:56

On 4 July 2018 IVECO launched the new Stralis X-Way range in Tunisia to mark a new milestone in the...

DHL partners with MallforAfrica on a marketplace site

DHL partners with MallforAfric…

Monday, 16 July 2018 06:55

DHL, the world’s leading international express services provider, has partnered with e-commerce giant, MallforAfrica’s new platform, Marketplace Africa, to help...

Africa Investment Forum to boost development agenda across the continent

Africa Investment Forum to boo…

Thursday, 12 July 2018 06:14

The African Development Bank (AfDB) is working with leading global development finance institutions to set up a mutualised co-guarantee platform...

Barclays Africa launches new branding as Absa Group

Barclays Africa launches new b…

Thursday, 12 July 2018 06:04

Barclays Africa Group Limited started trading under its new name Absa Group Limited and new share code (ABG) on the...

Propak West Africa is all set to open in September

Propak West Africa is all set …

Wednesday, 11 July 2018 08:32

Propak West Africa 2018  ̶  the region's leading packaging and print trade show  ̶  has sold out with more than two...

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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