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THE B TEAM AFRICA’S AGENDA ANNOUNCED AT AFRICA CEO FORUM 2018

- March 27, 2018

“As forward-thinking business leaders, we are ready to take a positive stand not just for our communities and our nations, but for the continent....

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Mawingu has raised KSh 1.9 Billion ($15 million) of debt and equity financing to enable this expansion into East Africa. The Africa Go Green Fund (“AGG”), managed by Cygnum Capital, will provide KSh1.4 Billion ($11 million) of long-term senior debt. This is supported by an additional KSh0.5 Billion ($4 million) investment from InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), and from Dutch Entrepreneurial Development Bank FMO. This acquisition will enable the company to replicate its wins in Kenya, into Tanzania and East Africa. The primary objective is to scale Mawingu’s affordable home Internet proposition to underserved communities in East Africa by acquiring and growing ISPs in the target markets.

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Incomedia (www.Incomedia.eu) is excited to announce its participation in Gitex Africa 2026, the leading trade fair for technology and innovation hosted in Marrakech, Morocco, from April 7th to 9th. The power of AI in a no-code webisite builder for businesses and entrepreneurs As Africa’s digital economy accelerates, and millions of small and medium-sized businesses are looking to go online, Italian software company Incomedia is taking the opportunity represented by Gitex to introduce WebSite X5 to African businesses, entrepreneurs, and startups. The tool is an all-in-one website and e-commerce builder designed to simplify and speed up the creation of online businesses. A key innovation is the integrated AI assistant MagicSite, which helps users generate complete and easily customizable websites through a simple conversation. Expanding WebSite X5 presence in Africa Within the last few years, Incomedia has been expanding its network in the African market such as Ivory Coast, Kenya, Niger or South Africa and contributed to the digital transformation in this area. Following this successful trend, Incomedia is actively expanding its presence across Africa and is looking to collaborate with local distributors, digital agencies, training centers and government institutions involved in digital transformation. Join Us at Gitex Africa 2026 “Digital access should not be complex or expensive”, says Federico Ranfagni, CEO of Incomedia. “Our goal is empowering African entrepreneurs to launch and grow their businesses online, unlocking new possibilities across the continent.” Visitors and partners can meet Incomedia at: GITEX Africa 2026 Hall 20 – Stand B-56 (Italian Area) The team will provide live demos and explore partnership opportunities across African markets.

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Incomedia presents no-code digital growth tools at GITEX Africa 2026

Head of Private and Personal Banking, Stanbic Bank Kenya, Abraham Ongenge (Left) and Senior Vice President and Country Manager for East Africa and Indian Ocean Islands, Mastercard, Shehryar Ali (Right) during the official launch of the Stanbic World and Stanbic World Elite Premium metallic cards in partnership with Mastercard.

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Financial infrastructure firm, Tala, has launched a tokenized lending platform to cater to borrowers without a banking history in the world. It plans to deploy $50 million credit facility via the platform in USDC to power blockchain-enabled, permission-less lending for millions of global customers. The Artificial Intelligence (AI) underwritten consumer lending tool, in partnership with Huma Finance, is the first of its kind in Kenya and is powered by Solana and supported by USDC liquidity facilitated by the Huma Protocol For billions of consumers who lack access to traditional banking services and credit history systems, tokenized lending offers faster and more reliable access to credit, better rates through a global capital network, and a portable, digital reputation that enables broader participation in the global economy. Tala’s existing customer base of nearly 13 million across multiple emerging markets creates immediate scale for blockchain adoption. "After a decade operating across multiple emerging markets, we know how to translate frontier technologies into real-world financial power," said Shivani Siroya, founder and CEO, Tala. "By pairing Tala’s trusted platform with the power of blockchain technology, together with Huma and Solana, we can expand financial access, eliminate systemic inefficiencies, and help millions become active participants in the global digital economy.” The solution is powered by Tala’s proprietary credit engine, which has been trained on $7 billion in lending performance data across multiple continents. That dataset—largely invisible to banks and most AI systems—gives Tala the ability to evaluate borrowers who have historically been overlooked by the global financial system. By tokenizing these loans in an overcollateralized lending facility and connecting them to Huma’s liquidity pools, Tala unlocks a new funding mechanism for emerging market credit, bringing global capital directly to high-demand markets transparently and efficiently. Speaking during the launch, Erbil Karaman, Co-Founder of Huma Finance, said that Tala’s team has over a decade of experience in scaling high-performance lending programmes while providing financial access to tens of millions of people who need it the most.

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Tag: B team africa

THE B TEAM AFRICA’S AGENDA ANNOUNCED AT AFRICA CEO FORUM 2018

MOST POPULAR

Ogilvy Africa launches OBrio, an all-in-one media intelligence platform to optimize...

Nairobi to Host the Regional Strategic Meeting of United Cities and...

Mawingu Acquires Tanzanian ISP Habari for Kes1.9 Billion

Username CEO calls on County Governments to Adopt Unique Land and...

HOT NEWS

Stanbic money market fund to offer up to 15% interest

Incomedia presents no-code digital growth tools at GITEX Africa 2026

STANBIC BANK AND MASTERCARD INTRODUCE ELITE CARDS WITH PREMIUM TRAVEL, LIFESTYLE...

Tala launches crypto lending platform

EDITOR PICKS

“I bake cakes to spread joy” -Carol Musyoka

Equity Bank’s Dr Mwangi appointed to the South-North Commission on Development

Nairobi Radiotherapy and Cancer Center: A Beacon of Hope

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Third Africa Islamic Finance Forum Confirmed for Nigeria March 2018

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