President Joseph R. Biden has announced more than $1 billion in additional humanitarian assistance to address urgent needs arising from food insecurity and crises affecting refugees, internally displaced persons (IDPs), and vulnerable communities in 31 African countries.
Swedfund, a Swedish development finance institution (DFI), has partnered with African credit fund BluePeak Private Capital Fund to invest $5 million in Bridge Bank Microfinance (BBM), a subsidiary of West Africa-based Teyliom Finance.
Egyptian startup enza has secured $6.75 million in seed funding to expand its digital payment services across Africa.
© 2021 Empower Africa. All rights reserved.