Moroccan tech city boosted by US$10bn preliminary funding deal

Moroccan tech city boosted by US$10bn preliminary funding deal

Thursday, 23 March 2017 07:11

The new in...

Grove GMK5250L makes its southern African debut in Botswana

Grove GMK5250L makes its south…

Wednesday, 22 March 2017 07:25

Officials at Jwaneng diamond mine, Botswana have taken delivery of the mine’s first 250 t Grove GMK5250L all-terrain crane

MB Crusher turns mobile plants into one-machine operation at ConExpo 2017

MB Crusher turns mobile plants…

Tuesday, 21 March 2017 07:27

MB Crusher appeared at CONEXPO-CON/AGG 2017 in Las Vegas, crushing and screening with an excavator and skid loader, turning each equipment...

NNPC to invest US$15bn into 4000MW gas power plants

NNPC to invest US$15bn into 40…

Tuesday, 21 March 2017 07:00

The Nigerian National Petroleum Corporation (NNPC) announced on 20 March that it would invest around US$15bn to build gas-based power...

World Bank announces record US$57bn for sub-Saharan Africa

World Bank announces record US…

Monday, 20 March 2017 07:56

Following a meeting with G20 finance ministers and central bank governors, World Bank Group President Jim Yong Kim, announced on...

Eskom connect 35,000 homes in Eastern Cape

Eskom connect 35,000 homes in …

Friday, 17 March 2017 07:26

Eskom’s quest to achieve universal access by 2020 has seen 35,000 new households being connected to the electricity grid across...

Mali to receive US$25mn loan to build solar photovoltaic plant

Mali to receive US$25mn loan t…

Thursday, 16 March 2017 07:26

The solar photovoltaic plant is planned to transform the West Africa energy market

Diehl Metering supplies Port of Dakar for water management and non-revenue water reducing

Diehl Metering supplies Port o…

Wednesday, 15 March 2017 07:47

The Port of Dakar is one of the most important ports and industrial sites on the African continent, thanks to...

GE's fuel-flexible power plant boosts Ghanaian energy

GE's fuel-flexible power plant…

Monday, 13 March 2017 07:52

Once the 200 MW plant is operational, it will be one of the most efficient power plants in the country...

Hass Group sign deal with China State Construction Engineering Corp to build Africa's tallest development

Hass Group sign deal with Chin…

Friday, 10 March 2017 07:32

Hass Group announced that it has signed an agreement worth KSH20bn (US$195mn) with China State Construction Engineering Corporation (CSCEC) to build...

LIYUCSF: We provide assistance with your steel fabrication needs from project conception to project completion

LIYUCSF: We provide assistance…

Thursday, 09 March 2017 07:07

LIYUCSF. COM - Gathering China’s top 20 steel fabricators together with a yearly capacity of steel structure of 1 million tons; -...

Volvo Penta exhibits leading solutions at ConExpo/Con-AGG

Volvo Penta exhibits leading s…

Wednesday, 08 March 2017 07:33

Volvo Penta is showcasing its leading solutions at the Las Vegas-based construction show, Con-Expo/Con-AGG, which is taking place at the...

Bauer Pure Air 4.0: The new dimension in breathing air supply

Bauer Pure Air 4.0: The new di…

Tuesday, 07 March 2017 07:52

Bauer’s new Verticus and Mini-Verticus systems have been developed as an all-new platform, offering unlimited interfaces for applications in the...

Deutz unveil expanded engine range at ConExpo 2017 in Las Vegas

Deutz unveil expanded engine r…

Tuesday, 07 March 2017 07:01

From 7 to 11 March Deutz will be at ConExpo2017 in Las Vegas to present its expanded engine portfolio, now...

Palfinger completes the SOLID range with six new models

Palfinger completes the SOLID …

Monday, 06 March 2017 07:25

The revision to the SLD series is more than a facelift as the new cranes have a higher lifting capacity...

Hyundai are to unveil four new models are ConExpo 2017

Hyundai are to unveil four new…

Friday, 03 March 2017 07:59

Hyundai excavators, wheel loaders, compaction rollers, hydraulic breakers, forklifts and multiple attachments at the largest construction equipment show in the...

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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