Accion Announces Close of $61.6M Second Accion Venture Lab Fund Investing in Early-Stage Inclusive Fintech

Accion Announces Close of $61.6M Second Accion Venture Lab Fund Investing in Early-Stage Inclusive Fintech

Washington, D.C. September 8, 2025 /Capita Markets in Africa/: Accion today announces the final close of a $61.6 million fund that will invest in early-stage fintech companies meeting the needs of financially underserved people globally. Accion Venture Lab Fund II, LP builds on a decade-long investment strategy focused on delivering social and financial objectives through early-stage venture capital investments. The Fund closed with commitments from both existing and new investors, including commercial and impact asset…

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Connected Banking Summit 2025: Innovating Financial Services for a Digitally Inclusive Ethiopia

Connected Banking Summit 2025: Innovating Financial Services for a Digitally Inclusive Ethiopia

The 23rd Edition of the Connected Banking Summit – Innovation & Excellence Awards 2025 marked a major milestone in Ethiopia’s financial transformation journey. The summit brought together banking executives, fintech leaders, regulators, and technology innovators to explore strategies, collaborations, and technologies shaping the future of digital finance in Ethiopia and across Africa. A Powerful Start: Keynotes & Opening Insights The summit opened with a welcome address by Mohammed Thoufiq, VP Strategic Partnerships at ICSA, who…

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Connected Banking Summit 2025- Advancing Innovation and Financial Inclusion

Connected Banking Summit 2025- Advancing Innovation and Financial Inclusion

 The 23rd Edition Connected Banking Summit – Innovation & Excellence Awards 2025 was a defining moment in Ethiopia’s journey toward financial inclusion and digital transformation. The summit united policymakers, banking leaders, fintech innovators and technology providers to shape the future of Ethiopia’s financial ecosystem. Key Highlights & Takeaways Visionary Keynotes & Leadership Insights  From Dr. Yeshurun Alemayehu Adde’s opening keynote on balancing regtech and compliance to Brutawit Dawit Abdi’s address on sector liberalization, leaders shared…

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Recognizing Leaders Who Power Digital Inclusion – Connected Banking Awards Ethiopia 2025

Recognizing Leaders Who Power Digital Inclusion – Connected Banking Awards Ethiopia 2025

The 23rd Edition Connected Banking Summit – Innovation & Excellence Awards 2025 spotlighted Ethiopia’s leading banks and financial institutions, honoring those redefining the future of finance through digital transformation, innovation, customer excellence, and visionary leadership. Highlights of the Awards Night Bank of the Year – Commercial Bank of Ethiopia  Honoured for its outstanding leadership, transformative vision, and pioneering digital initiatives, Commercial Bank of Ethiopia continues to set the gold standard in the nation’s banking sector….

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Connected Banking Summit 2025 – Ethiopia Leads the Way in Digital Inclusion!

Connected Banking Summit 2025 – Ethiopia Leads the Way in Digital Inclusion!

The 23rd Edition of the Connected Banking Summit – Innovation & Excellence Awards 2025 brought together the region’s banking powerhouses, fintech innovators, regulators, and digital transformers to shape the future of a digitally inclusive Ethiopia. Keynote Highlights Mohammed Thoufiq (VP Strategic Partnerships, ICSA) opened with “Innovating Financial Services for a Digitally Inclusive Ethiopia”, setting the perfect tone for innovation and empowerment. Mihret Teshome (Summit Presenter) energized the audience, reminding us that digitization and inclusion are…

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Symbolic milestone of 20 GWp installed capacity passed in Africa

Symbolic milestone of 20 GWp installed capacity passed in Africa

LAGOS (Capital Markets in Africa) – Solar continues to grow at a steady rate in Africa and now represents 20+ GWp of installed capacity across all segments. And this milestone will be outdated very soon, as over 10 GWp are currently at various stages of construction all over the continent. Whereas new solar installations are slowing down in some parts of the globe, African solar continues to grow and even accelerates it growth. In its…

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President Sings Nigerian Insurance Industry Act 2025

President Sings Nigerian Insurance Industry Act 2025

LAGOS (Capital Markets in Africa) – Following the passage of the Insurance Bill by the Senate (in December 2024) and subsequent approval by the House of Representatives (in March 2025), President Bola Ahmed Tinubu has officially signed the long-anticipated Insurance Bill into law. The presidential assent on Tuesday, 5 August 2025, now transforms the bill into the Nigerian Insurance Industry Reform Act, 2025 (NIIRA 2025)—a landmark legislation providing a comprehensive legal framework for the Nigerian…

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