Appzone, the Pan-African fintech software provider building proprietary solutions for the continent’s banking and payments industries, has today announced the close of its $10mn Series A funding round.
FINANCE AND INVESTMENT
Why Nigeria’s SEC Issued a strong Warning to Fintech Startups Bamboo, Trove, Rise and Chaka
Nigeria’s Securities and Exchange Commission (SEC) has issued a strongly-worded circular to “unregistered” fintech and investment platforms that specialise in offering Nigerians the opportunity to trade in foreign securities.
Egypt’s Paymob Secures $18.5M Series A Funding to Expand Across Africa
Egypt is fast becoming one of Africa leading fintech startup ecosystem, and of its key players, Paymob has announced that it received a total of $18.5 million in its Series A funding round.
Dangote Cement Mulls Debt Funding Options with Planned N300 Billion Bond Issuance
“Dangote Cement Plc has obtained approval from its Board of Directors to access the Capital Market to support business growth and maximize available sources of its debt funding.”