Business

Maviance closes Seed investment round from MFS Africa

Africa CAF 11 May 21Maviance 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

TRME ATR DUBYCurrently 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

Africa trade finance 23 AprilAfrican 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

ITFC 19 AprilThe 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

Africa dc ApThe 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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