Business
Maviance closes Seed investment round from MFS Africa
Maviance PLC, a Cameroon-based fintech, has closed its Seed investment round of US$3mn from the pan-African digital payments hub MFS Africa, which comes on board as a strategic investor
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DP World plans to expand DUBUY.com across Africa
Currently available in Rwanda, DP World has plans to expand DUBUY.com across Africa
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African trade finance sees US$5bn in portfolio outflows in Q1 2020
African trade finance has witnessed US$5bn in portfolio outflows in the Q1 2020 due to COVID-19, but opportunities exist, according to the African Trade Finance Survey Report
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ITFC signs US$750mn deal to support Cameroon’s key sectors
The International Islamic Trade Finance Corporation (ITFC), the Islamic Development Bank Group (IsDB) and the Republic of Cameroon have signed two agreements to support key industries in Cameroon
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Africa continues to rank high as a top destination for UAE investors
The UAE ranks as one of the top five FDI source countries into Africa by capital investment, according to Knight Frank’s Africa Horizons Report 2021/22
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