Africa

Africa
Africa’s Startup Future Requires VCs to Sell Investors on Potential
March 27, 2023

As the global banking and financial services sector take stock after the collapse of Silicon Valley Bank (SVB), there are many lessons to be learned, said Maurizio Caio, founder and managing partner at Africa-focused venture capital (VC) firm TLcom Capital. Get the Full Story Complete...

Africa
B2B Marketplace Operators Offer Credit to Keep African SMBs Liquid
November 21, 2022

A wave of platforms that enable digital sales and procurement are revolutionizing the way African companies do business, contributing to an all-round more efficient trading system and helping to eliminate frictions that have long-plagued traditional supply chains. Get the Full Story Complete the form to...

Africa
Walmart Gambles on Africa’s Retail Potential
October 21, 2022

Dek: Following Walmart’s decision to take full ownership of Massmart, any suggestion that the retailer could back out of its African venture has been effectively shut down, and it’s now apparent that the U.S. retail giant is deeply invested in doing business on the continent....

Africa
Africa’s BEAC Could Launch Common Digital Currency
July 22, 2022

The Bank of Central African States (BEAC), which serves Cameroon, Gabon, Chad, the Republic of Congo, Equatorial Guinea and the Central African Republic (CAR), could become the first regional bank on the continent to launch a common digital currency. Get the Full Story Complete the...

Africa
African Payments Solution Bizao Raises $8.2M for Regional Expansion
July 22, 2022

Pan-African payment solutions provider Bizao announced an 8 million euro ($8.2 million) series A funding round Thursday (Jul 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Africa
Private Labels, Custom Packaging Giving ‘Made in Africa’ Brands an Image Makeover
May 11, 2022

Goods and products manufactured in Africa are often perceived to be of inferior quality compared to those from other countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....