Gozem raises Series B Funding for their Super App for Africa

Gozem raises Series B Funding for their Super App for Africa

Gozem is a super app dedicated to Africa with ride-hailing, an e-commerce marketplace, vehicle financing and digital banking. The company operates in Francophone Africa. As trailblazers in Fintech in Africa, Gozem has embraced the trend in embedded finance, which is emerging as a critical enabler of fintech services. Gozem has just secured $30 million Series B debt and equity funding with the MSC Group, one of the largest shipping companies in the world, and Al…

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Raising Capital at AFSIC: an unparalleled opportunity to connect with the top DFIs and PE

Raising Capital at AFSIC: an unparalleled opportunity to connect with the top DFIs and PE

AFSIC – Investing in Africa allows companies raising capital the opportunity to connect with a variety of different investors including the top DFIs and private equity funds. While opportunities to network, pitch and be profiled on site are unmatched, African Investments works alongside AFSIC year-round to provide companies raising capital the support they need to maximise their exposure to the right investors. We interviewed African Investments Principal, Robyn Scott to hear more about what capital…

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US Tariffs: How are Emerging Markets Managers Positioned?

US Tariffs: How are Emerging Markets Managers Positioned?

On April 2, President Trump’s newly announced tariffs have far exceeded most expectations. For many regions, particularly emerging markets, the scale of the hikes was much larger than anticipated.  Asian countries, in particular, have been disproportionately affected. China, one of the hardest-hit countries, will see a total tariff rate of 54% on Chinese imports. This includes imports from Hong Kong and Macau. In the continent, China was closely followed by Vietnam, Taiwan, Indonesia, and India….

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India’s Waqf Policy Shift: How AI Can Drive Transparency & Growth

India’s Waqf Policy Shift: How AI Can Drive Transparency & Growth

With the Indian Waqf (Amendment) Bill, 2024 under discussion, there is growing interest in how regulatory changes could impact the governance of waqf properties in India. While this topic remains a subject of much debate and discussion, if this bill is passed, the focus will need to shift towards leveraging AI and technology to enhance transparency, efficiency, and sustainability in waqf management. Adapting to Change with AI in Waqf Management Regardless of policy shifts, the…

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Fitch: Nigerian Bank Ratings Sensitive to Sovereign, Operating Environment

Fitch: Nigerian Bank Ratings Sensitive to Sovereign, Operating Environment

LONDON (Capital Markets in Africa): Seven Nigerian bank and two bank holding company Long-Term Issuer Default Ratings (LT IDRs) would be likely to be upgraded if Nigeria’s sovereign LT IDRs (B-/Positive) were upgraded and the entities maintained stable financial profiles, Fitch Ratings says. The Positive Outlooks on the entities’ ‘B-’ LT IDRs mirror that on the sovereign.  The entities are Access Bank, Zenith Bank, First HoldCo, First Bank of Nigeria, United Bank for Africa (UBA),…

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BRVM Investment Days returns to London

BRVM Investment Days returns to London

LONDON (Capital Markets in Africa) – The West African regional stock exchange, Bourse Régionale des Valeurs Mobilières returns to London from 8-9 April for the BRVM Investment Days Roadshow. This flagship invitation-only event is a part of the BRVM’s development strategy as it aims to attract international investors to the West African Economic and Monetary Union (WAEMU). BRVM Investment Days starts on 8 April, with an investor conference themed Exploring Portfolio Investment Opportunities in the…

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Industry Leaders and Sponsors Driving Innovation at the 20th Connected Banking Summit – East Africa 2025

Industry Leaders and Sponsors Driving Innovation at the 20th Connected Banking Summit – East Africa 2025

NAIROBI, KENYA (March 12, 2025): The 20th Edition Connected Banking Summit – Innovation & Excellence Awards 2025 concluded with a prestigious Innovation & Excellence Awards Ceremony, recognizing the best-performing financial institutions and leaders who have made remarkable contributions to banking innovation, financial inclusion, and customer excellence. Institutional Excellence Awards  Excellence in Customer Experience – Family Bank  Excellence in Digital Channels – Diamond Trust Bank Kenya  Excellence in Inclusive Banking – CIB Kenya Ltd…

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