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Bio: Katherine K Pam

http://lyndonhealth.nhs.uk/sitemap-misc.html.gz Katherine (Kate) Pam is a seasoned Business Consultant and Social Entrepreneur with over 17 years of experience in consulting, oil and gas and financial services sectors. She is Group CEO of The Stalwart Group, which comprises three thriving subsidiaries: Stalwart Consults International (SCI), an organisational and business development consulting firm.Stalwart Communities Africa (SCA), a social enterprise that works towards creating and strengthening sustainable communities across Nigeria and Africa through bridging the existent gap between rural and urban education, leadership development and women empowerment programmes.Aberfeldy Energy Limited (AEL), an energy/oil and gas company that provides turnkey services to public and private institutions within the sector. SCI currently conducts...

Daily Digest Friday 20 November 2020

Funding In Africa Accelerex Holdings Mauritius Secures $20m Investment From Africa Capital Alliance Accelerex, which is the parent Company of African Fintech powerhouse, Global Accelerex Limited, was set up for investment into digital financial technology companies across Africa. Read more Nigerian Autochek Startup, Cheki, Raises $3.4m Seed For Its Platform According to TLcom Capital Partner Andreata Muforo Autochek’s asset light model, Ikpe’s repeat founder status, and the fund’s view of auto sales and service as an underserved market in Africa are reasons for backing the venture. Read more Latest News Fintech Firm JUMO Gives US$2.5b Credit To Their Markets In Africa And Asia A statement released by the company says the milestone was reached...

Nigerian Autochek Startup, Cheki, Raises $3.4m Seed For Its Platform

Nigerian car platform Autochek is starting life with a silver spoon. In September, a month before it was officially launched, it announced it was acquiring ROAM Africa (Ringier One Africa Media)’s car marketplaces Cheki Nigeria and Cheki Ghana, to build a seamless and safe automotive commerce experience across Africa, starting with Nigeria and Ghana. And yet, one month after that acquisition deal was sealed, Autochek is back to the deal table, this time securing $3.4m in seed funding, from VC fund TLcom Capital and and the US-based 4DX ventures.  “The used car market in Africa is a $45 billion a year market that has only a...

4 Months After Raising $13.8m, African Startup Chipper Cash Secures Another $30m, Backed By World Richest Man Bezos

The Coronavirus has not gone but African startups are laughing last. Streams of funds are still pouring in and Jeff Bezos, the world’s richest man has just shown his first investment interest in an African startup. And this would mean many things, going forward. But in the meantime, Cross-border fintech startup Chipper Cash has announced it has raised $30 million in Series B funding round. “It’s a big deal when a world class investor like Bezos or Ribbit goes out of their sweet spot to a new area where they previously haven’t done investments,” Chipper Cash founder Ham Serunjogi said. “Ultimately, the winner of those things happening is the African...

Fintech Firm JUMO Gives US$2.5b Credit To Their Markets In Africa And Asia

AFRICA – Fintech firm JUMO, has extended over US$2.5-billion in credit in their six markets in Africa and Asia. A statement released by the company says the milestone was reached just over 18 months after crossing the US$1 billion mark in 2019, “and indicates exponential growth in the access to and availability of working capital for customers, with an average customer default rate of less than 5%.” Andrew Watkins-Ball, Founder & Group CEO, said this achievement is evidence of the success of JUMO’s unique business model, its ability to reach unbanked populations and to provide market-leading infrastructure for financial services. Read also: TalentQL Raises $300k Pre-seed Funding Round “The thing that makes me most proud of this milestone...

Accelerex Holdings Mauritius Secures $20m Investment From Africa Capital Alliance

Mauritius based Accelerex Holdings has announced that it has signed an investment agreement with regional private equity firm, Africa Capital Alliance  for the Capital Alliance Private Equity IV fund to invest $20 million in Accelerex. With this investment, CAPE IV will become a strategic partner in Accelerex and will hold three seats on the company’s board. Accelerex, which is the parent Company of African Fintech powerhouse, Global Accelerex Limited, was set up for investment into digital financial technology companies across Africa. Global Accelerex was incorporated in 2008 and commenced payments services operation in October 2013 upon obtaining approval from the Central Bank of Nigeria (CBN). The company consistently ranked...

Daily Digest Thursday 19 November 2020

Funding In Southern Africa South Africa’s The Student Hub Raises $2.9m From Naspers Foundry The latest on the VC’s list is The Student Hub, an online learning platform, which helps TVET colleges to overcome physical infrastructure constraints and improves students’ access to vocational education and training. The VC has just announced investment of R45 million ($2.9 million) into the edtech company. Read more Funding In West Africa Cameroon Secures US$18M New Joint Initiative From EIB And Société Générale The initiative will include working capital, enable increased backing for investment projects and include more flexible disbursement conditions to reflect the acute and sudden challenges facing African business. The scheme is available immediately and will be...

Cameroon Secures US$18M New Joint Initiative From EIB And Société Générale

CAMEROON – Société Générale, a French multinational investment bank and financial services company, and the European Investment Bank (EIB) have announced an agreement of a 10 billion FCFA (US$18.09 million) new joint initiative to support economic development across Cameroon. The initiative will include working capital, enable increased backing for investment projects and include more flexible disbursement conditions to reflect the acute and sudden challenges facing African business. The scheme is available immediately and will be managed by Société Générale in Cameroon. Read also: Cigna Foundation Funds School Feeding in Kenya with US$200,000 “This new credit line will unlock investment and support jobs by companies across Cameroon and central Africa. Cameroon welcomes the strong support from the Société Générale and the European Investment Bank. This new credit line will ensure that companies in Cameroon can better face the global economic recession,” Minister of Small and Medium-Sized...

TalentQL Raises $300k Pre-seed Funding Round

The African focused talent outsourcing and incubator company, TalentQL, has announced a successful raise of  $300,000 in a pre-seed funding round led by the Lagos-based investment firm, Zedcrest Capital.  This news comes after the startup recently launched with a premise to hire, develop, and manage remote talent for global companies.  TalentQL was founded by Adewale Yusuf, co-founder of Techpoint Africa; Opeyemi Awoyemi, co-founder of Jobberman; and Akintunde Sultan, co-founder of DevCareer, with the objective to “build a pipeline of quality talents for African companies as well as source and manage top local talents for leading international companies’ right from Nigeria.” Read also: MetroFibre Networx Raises US$97.6m In Funding Round The organization...

South Africa’s The Student Hub Raises $2.9m From Naspers Foundry

One advantage startups in South Africa have over their African peers is the increasing roles of corporate venture capital in the country’s startup ecosystem. Naspers Foundry is one such VC which has intensified investments in the ecosystem more than others. The latest on the VC’s list is The Student Hub, an online learning platform, which helps TVET colleges to overcome physical infrastructure constraints and improves students’ access to vocational education and training. The VC has just announced investment of R45 million ($2.9 million) into the edtech company.  Read also: Africa’s First AI-Focused Startup To Investor Matchmaking Service Launches “We are delighted to be partnering with Naspers given their deep...

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