Solar Irrigation
Nithio, a leading energy finance platform in Africa, has announced an investment in SunCulture, an industry leader in solar irrigation and farming technology solutions.
Source: africa.com
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👨🏿‍🚀TechCabal Daily - US kicks off TikTok ban in Montana
Montana has become the first US state to ban TikTok. Starting January 2024, all app stores operating in the state will be required to make TikTok unavailable for downloads or face a $10,000 fine.
Source: techcabal.com
One of the Largest Combined Debt and Equity Raises in the African Tech Sector
M-KOPA, a leading fintech platform, announced it successfully closed over $250m in new debt and equity funding to expand its financial services offering to
Source: africa.com
TechCabal Daily - Airtel Africa's profit dip
In its Q1 2023 financials, Airtel Africa recorded a 5% profit decline. Per the telecom, devaluation of currencies and SIM card de-registration exercises across several countries are to blame.
Source: techcabal.com
Fintech M-KOPA raises $250m to scale high-impact business across Africa
M-KOPA, a leading fintech platform, today announced it successfully closed over $250m in new debt and equity funding to expand its financial services offering to underbanked consumers across Sub-Saharan Africa. This marks one of the largest combined debt and equity raises in the African tech sector, enabling M-KOPA to continue…
Source: newsghana.com.gh