Weekly economic index: CBN on big deposits, SA's debt-free plan, and a Jumia exit
Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week
Source: venturesafrica.com
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WIC Capital secures $1m facility to boost West African MSMEs
WIC Capital, a local capital provider investing in Senegal and Ivory Coast that focuses on financing women-owned and managed micro, small and medium enterprises (MSMEs), has secured a US$1 million loan from the FSDAi Nyala Facility BV to expand its impact.
Source: disrupt-africa.com
👨🏿‍🚀TechCabal Daily - Kippa transfers agency banking product KippaPay to Bloc
After shelving the agency banking product in October, Kippa has transferred KippaPay to another fintech startup, Bloc. However, the co-founder says it is not an acquisition.
Source: techcabal.com
West Africa: Wic Capital gets $1M loan to support women-owned SMEs
The women-focused investment fund Wic Capital has secured a line of credit from UK investor FSD Africa to continue financing women entrepreneurs in
Source: ecofinagency.com