Finnfund is a Finnish development finance company that invests in sustainable businesses in developing countries.
Wave raises $137 million to expand mobile money services across Africa
Wave raised $137 million in a debt round led by Rand Merchant Bank to boost working capital. The funding will help expand Wave's mobile money operations across new and existing markets.
Wave raises $137 million in debt to expand mobile money services across Africa
Wave raised a $137 million debt round to enhance working capital and expand operations. The funding will help scale mobile money operations and broaden financial access.
Kenyan Healthcare Company Hewatele Secures USD 20 M Funding
Hewatele has secured a USD 20 million funding package from Finnfund, DFC, SEDF, UBS Optimus Foundation, and Grand Challenges Canada. The funds will be used to build a liquid oxygen manufacturing facility in Nairobi and expand distribution capacity in strategic regions of Kenya.
