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Disrupt AfricaThe United Nations Development Programme (UNDP) has launched the “timbuktoo” initiative together with African countries, which it said is positioned to be “the world’s largest financing facility”, bringing catalytic and commercial capital together to support Africa’s startup ecosystem. President…
Disrupt AfricaEgyptian startup Qardy, a marketplace and aggregator for debt financing, has partnered Cashcall to help drive financial prosperity for micro, small, and medium enterprises. Founded in July 2022, Qardy facilitates loans for MSMEs, with founder Abdel Aziz Abdel Nabi saying the startup’s goal was to…
Disrupt AfricaWIC Capital, a local capital provider investing in Senegal and Ivory Coast that focuses on financing women-owned and managed micro, small and medium enterprises (MSMEs), has secured a US$1 million loan from the FSDAi Nyala Facility BV to expand its impact. Led by Evelyne Dioh Simpa, WIC Capital was…
Disrupt AfricaKenyan fintech startup Pezesha has announced the launch of “Pezesha 2.0”, which it describes as a “significant evolution” in its journey towards financial inclusion for underserved micro-SMEs. Pezesha is an end-to-end operating system that enables micro, small, and medium enterprises to instantly…