Bio-diesel help keep Glastonbury running

Bio-diesel help keep Glastonbury running

Friday, 23 June 2017 16:01

Britain’s ...

Western Cape’s social housing project set to be handed over

Western Cape’s social housing …

Friday, 23 June 2017 06:35

The Belhar Social Housing Project in the Western Cape is set to be completed soon, focusing on to providing affordable...

Construction in progress for Cameroon’s sports complex

Construction in progress for C…

Thursday, 22 June 2017 06:41

The Sports Ministry of Cameroon met with Egis Batiments International to review the current construction work for the Olembe sports...

Komatsu America introduces new off-highway trucks for increased production

Komatsu America introduces new…

Wednesday, 21 June 2017 06:39

The leading heavy equipment manufacturer Komatsu America Corp. has introduced two new models HD325-8 and HD405-8 off-highway trucks, which feature...

Construction outlook in South Africa is 'moderate'

Construction outlook in South …

Tuesday, 20 June 2017 06:40

In real terms, the South African construction industry's forecast-period (2017–2021) outlook is moderate compared to its review-period (2012–2016) performance, according...

Capital Projects to invest US$780 for road construction in Mozambique

Capital Projects to invest US$…

Tuesday, 20 June 2017 06:32

South African firm, Capital Projects, has announced plans to invest US$780mn to fund the construction of a highway linking Mozambique’s...

South Sudan to push ahead with petroleum audit

South Sudan to push ahead with…

Monday, 19 June 2017 06:58

The South Sudanese Ministry of Petroleum has launched a public tender to perform an audit and produce a report on...

Efacec wins international contract to build power plants in Guinea-Bissau

Efacec wins international cont…

Monday, 19 June 2017 06:52

The leading Portuguese energy and power solutions provider Efacec has received an international contract worth US$11.14mn for the construction of...

Hargeisa joins Air Arabia's growing African network

Hargeisa joins Air Arabia's gr…

Friday, 16 June 2017 06:49

Two weekly flights connecting Sharjah and Hargeisa starting 4 July 2017

China Habour Engineering Company sign port upgrade contract in Tanzania

China Habour Engineering Compa…

Friday, 16 June 2017 06:34

China Harbour Engineering Company (CHEC) has signed a contract to upgrade number one to seven berth in Dar es Salaam...

Keeping the competitive edge in Southern Africa and beyond

Keeping the competitive edge i…

Thursday, 15 June 2017 07:04

Last year Himoinsa Southern Africa opened its offices in Port Elizabeth, South Africa, cementing its role as a leading genset...

Moody's downgrades the five largest South African banks to Baa3

Moody's downgrades the five la…

Thursday, 15 June 2017 06:26

Moody's Investors Service has downgraded to Baa3 (negative outlook) from Baa2 (Rating Under Review outlook), the long-term local- and foreign-currency...

Cross-border electricity link to transform West Africa

Cross-border electricity link …

Thursday, 15 June 2017 06:06

Access to reliable and affordable energy in four West Africa countries will be transformed once a new 1303km electricity interconnector,...

Nexus Gold commences drilling at Bouboulou gold concession, Burkina Faso

Nexus Gold commences drilling …

Wednesday, 14 June 2017 06:34

Nexus Gold Corp. has reported that drilling has commenced at its 38-sq km Bouboulou gold concession. Bouboulou is located approximately...

WorldRemit launches with Android Pay to offer mobile-to-mobile transfers to the world’s unbanked

WorldRemit launches with Andro…

Wednesday, 14 June 2017 06:05

The integration will enable Android Pay users to send money to an extra 112mn mobile money accounts, accessible via WorldRemit 

BWSC awarded contract to build high-efficiency power plant in Mali

BWSC awarded contract to build…

Tuesday, 13 June 2017 10:02

Burmeister & Wain Scandinavian Contractor A/S (BWSC) has been awarded a EUR90mn (US$100mn) contract to build a high-efficiency power plant...

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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