Latest Articles by Ishioma Emi

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  Sympl’s $6 million seed fund will be used to expand its “save your money, pay later” model in Egypt. Buy Now, Pay Later (BNPL) is speedily gaining adoption in some parts of Africa due to the rise of eCommerce startups in the region.
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  Kenyan fintech, Kwara, wants to build neobanks for East Africa credit unions with its $4 million seed capital. A new $4 million seed fund will assist Kenyan fintech startup Kwara in developing a neobank app for East African credit unions, also known as savings and credit cooperatives (SACCOs).
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  Contributor

  Home-based VCs and PEs led investment in Africa’s startup ecosystem in 2021. Before 2020, investments in African startups were ongoing. However, since the inception of the current decade, the African startup ecosystem, particularly fintech, has piqued the interest of both regional and foreign investors.
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  TradeDepot’s new $110 million Series B fund will aid in the expansion of Africa’s informal sector. Despite a substantial deposit of natural resources and a teeming young population, Africa still houses the world’s top five poorest countries – DR Congo, Mozambique, Uganda, Rwanda and Zimbabwe.
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  The role of capital markets in Africa’s post-covid recovery. “Capital markets are key in mobilizing private capital to finance COVID recovery beyond growth and sustainable economic transformation.” -Gaëlle Arenson, Editor-in-Chief, Jeune Afrique Business+. The capital market plays a significant role in the global economy.
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  #AFIS2021: How to reinvent insurance in Africa. Africa’s insurance industry has only about 3 percent subscription penetration across the continent compared to the telecoms sector, which has over 72 percent subscription penetration in Africa.
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  Weekly Economic Index: COVID-19 pandemic made a recession inevitable for Nigeria in 2020. In a recent interview, Ibukun Opeodu ICIR, an economic expert with Oando Plc., explains that “lockdowns and restrictions to movement imposed in Nigeria’s economic hub (Lagos) and Capital (Abuja) inevitably resulted in reduced economic activity...