Business

Fintech Nomanini raises US$4mn in funding round led by Standard Bank

retail tradeNomanini, the fintech platform for the informal retail ecosystem, has announced a US$4mn funding round led by Standard Bank, Africa’s largest bank, and completed by Goodwell Investments, an Amsterdam-based investment firm focused on fintech and financial inclusion

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Voith's on-site machining and service tools capabilities for Southern Africa

VH Linear Mill Application 19The technology group Voith has introduced its on-site machining and service tools capabilities to customers, business partners and authorities during an official launch event in Witfield, Boksburg, South Africa, aiming to strengthen its hydropower service portfolio

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Sub-Saharan Africa all set to rise as a fintech hub

Mike Smits 2Sub-Saharan Africa has the potential to emerge as a fintech hub, providing solutions to millions of unbanked population

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AfDB extolls Chinese commitment to improve Africa’s industrialisation

sina africa tradeThe African Development Bank (AfDB) in Nigeria met a private sector consortium from China to help attract investment through partnerships in the development of special agro-Industrial processing zones (SAPZs) across Africa

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Nigeria attracts US$15.15bn investment in H1 2019, says NIPC report

der miningA total of US$15.15bn of investments were announced in Nigeria from the investors in 20 countries in the H1 2019, according to a report from Nigerian Investment Promotion Commission (NIPC)

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