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M-KOPA, a fintech that provides connected financing and digital financial services to underbanked consumers across four African markets, has announced its USD 75M Growth Equity round.
fintech, funding, startup, digitalisation, financial inclusion
CDC Group has moved to support the Eastern and Southern African Trade and Development Bank (TDB) with a new USD 100 million finance facility.
CDC, Africa, TDB, trade finance, SCF, COVID-19
Standard Chartered and CDC Group have announced an additional USD 100 million commitment to their existing master risk participation agreement.
Standard Chartered, CDC Group, partnership, trade finance, agreement, master risk participation agreement, South Asia, Africa, supply chain finance, SCF
CDC, Societe Generale, African trade, trade finance, risk sharing facility, local banks, new banks, Francophone West Africa, funding, economic crisis, United Nations, SDG, deficit, International Chamber of Commerce
BigBasket, an India-based grocery startup, has raised USD 60 million to meet growing demand from Indian customers stuck at home amid coronavirus outbreak.
BigBasket, India, funding, coronavirus outbreak, grocery, ecommerce, delivery, Alibaba, startup
India-based B2B lender Indifi Technologies has raised Rs 145 crore (about USD 21 million) in a Series C funding round led by UK development finance institution CDC Group.
Indifi, lending, funding, B2B, loans, invoice discounting
UK-based B2B money supply chain management platform OweMe has announced it has raised a total of USD 1 million in seed round from Pi Ventures.
OweMe, Pi Ventures, investment round, funding, UK, India, B2B payments, B2B money supply chain management platform, supply chain finance
The African Export-Import Bank and UK’s CDC Group have signed a master risk participation agreement to support the bank’s Trade Facilitation Programme.
Afreximbank, UK, CDC Group, trade finance, trade facilitation programme, irrevocable reimbursement undertakings, Africa
CDC Group,the UK’s development finance institution, and Standard Chartered Bank have signed of a memorandum of understanding for a supply chain finance programme.
CDC Group, Standard Chartered, supply chain finance, programme, global trade, finance
Nixu has announced that it has been selected by LocalTapiola Group as their cybersecurity partner.
cybersecurity, cybercrime, digital, Nixu, LocalTapiola