Investment
TradeDepot $110 Million Fund to Drive Distribution and Finance for 5 Million SME Retailers in Africa
TradeDepot, in an equity and debt funding round, raised $110 million to provide buy-now-pay-later service to 5 million SME retailers in Africa. With active operations in 12 cities across Nigeria, Ghana, and South Africa, TradeDepot, Africa’s B2B eCommerce and embedded finance company, plans to expand its merchant platform across the…
Read More »Why Nigeria Needs to Invest More in its Non-Oil Sector
Some weeks ago Dr Bayo Olugbemi linked the fall in the value of the naira to the weak exploration of the non-oil sector in Nigeria.
Read More »Are Low Emission Cars the Future for Nigeria?
Globally, the need for environmentally friendly technologies has become a crucial concern. To a large extent, carbon emissions from cars contribute to poor climate conditions. Hence, the need for low emission cars in Nigeria. The federal government of Africa’s largest economy has put measures to phase out combustion engines by…
Read More »Forex versus Cryptocurrency: which one should you Trade right now?
As you may well know, the trading of cryptocurrency has become increasingly popular among Africans. Analysts have attributed this to the continent's tech-savvy population that has quickly embraced digital payments via mobile.
Read More »QUICK TAKE: ETI Announces Launch of $300 Million Fixed Rate Reset Tier-2 Sustainability Notes
Note that the issuance of the Notes is subject to prevailing market conditions and the conclusion of the necessary Transaction documentation.
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