In the three months between July and September 2019, OKash provided approximately 5 million loans valued at $250 million in Kenya, India and Nigeria. During the same period, the quick loans platform tripled its revenue to $39.9 million.
Thanks to scandals, the e-commerce company has had a rocky year since it listed on the New York Stock Exchange in April. But its Q3 report is a bit of a mixed bag.
OLX Group has announced it will lead the Series D funding round in Berlin-based Frontier Car Group (FCG). OLX, which is owned by Naspers’ digital division Prosus, said it will invest as much as $400 million in the company.
Crop2Cash, an agritech solution provider for small farm holders has won the Lagos edition of this year’s Seedstars pitch event. Seedstars is the world’s largest startup competition for innovators from emerging markets. The competition focuses on startups with impactful innovations. This year, Seedstars regional events will be held in over 80 cities globally. At the […]
The Central Bank of Nigeria (CBN) wants banks to lend more. This time it’s not just talking. It is compelling them, somewhat. But the new policy it has issued could set the stage for the first real tussle between banks and fintechs.
Cowtribe is a Ghanaian startup that aims to solve Africa’s animal vaccination problem.