The Empower Africa Business Platform is Now Live !!!

Nedbank Group has struck a binding agreement to purchase iKhokha, a prominent South African fintech provider, for approximately R1.65 billion (about US$94 million) in an all-cash transaction.

The International Finance Corporation (IFC) has unveiled a significant financing deal to advance Egypt’s transition to sustainable energy, with a $72 million loan package for the nation’s inaugural utility-scale battery energy storage system (BESS).

Israeli blockchain infrastructure company StarkWare, valued at $8 billion, has unveiled a $4 million fund to foster the growth of early-stage blockchain startups in Africa.