#Impact investors FMO and BlueOrchard back Ghana’s digital lender Fido in M Series B round

#Impact investors FMO and BlueOrchard back Ghana’s digital lender Fido in $30M Series B round

Digital lending platforms have become an easy and swift alternative source of credit for microenterprises and individuals overlooked by traditional banking institutions. These platforms have turned into a lifeline for millions of underbanked and demand will keep growing, pushing the value of the digital lending platform market in the Middle East and Africa to reach…

Read More
#The Nigerian Hit Movie That Broke Netflix

#The Nigerian Hit Movie That Broke Netflix

This was the year Nollywood made Netflix history. The Black Book, a revenge thriller from first-time director Editi Effiong became the first-ever Nigerian film to soar to No. 3 on Netflix’s worldwide film charts. The film, made for “just” $1 million (actually a huge sum for a Nigerian movie), garnered 5.6 million views just 48…

Read More
#What is South Africa famous for?

#What is South Africa famous for?

Nelson Mandela, Apartheid, and Safaris are some of the things we instantly associate with South Africa, but besides these, what is South Africa famous for? South Africa is the southernmost country in Africa. Bathed by the Atlantic and Indian Oceans, it is bordered to the north by Namibia, Botswana, Zimbabwe, Mozambique, and Eswatini. It has…

Read More
#Aid to Gabon suspended after military takeover

#Aid to Gabon suspended after military takeover

The U.S. suspended a majority of non-humanitarian military aid to Gabon Tuesday in the wake of a military takeover of the African country last month, according to The Associated Press. In a statement, Secretary of State Antony Blinken said the government is “pausing certain foreign assistance programs benefiting the government of Gabon” as it evaluates…

Read More