Monday, December 8

Tag: Africans

Carrot Credit raises $4.2m to help Africans access loans using digital investments as collateral
Technology

Carrot Credit raises $4.2m to help Africans access loans using digital investments as collateral

The fintech allows users access loans without selling their investments. Carrot Credit has raised $4.2 million in seed funding to expand its asset-backed lending platform. The round was led by MaC Venture Capital, with backing from Authentic Ventures. The funding will support product development and expansion across Africa. Carrot Credit, a Nigerian fintech startup, has secured $4.2 million in seed funding to scale its alternative credit service that allows users to obtain loans by pledging their digital investments as collateral. The funding round was led by US-based MaC Venture Capital, with participation from Authentic Ventures. Founded in 2023 by Boluwatife Aiki-Raji, Carrot Credit is carving a niche in Africa’s lending landscape by enabling individuals to borrow ...
Nkrumah Mausoleum a unique place for Africans to learn- Diagana 
Tourism

Nkrumah Mausoleum a unique place for Africans to learn- Diagana 

Mr. Ousmane Diagana, World Bank Regional Vice President, has urged Africans to use the Kwame Nkrumah Memorial and Mausoleum Park as a hub for learning and promoting Pan-Africanism and continental development.  He stressed that the vision and ideals of Dr. Kwame Nkrumah, Ghana’s first President, would keep inspiring future generations of Africans, making the Kwame Nkrumah Memorial and Mausoleum Park an important center for history, culture, and education.  Mr. Diagana made these remarks after touring the museum, which underwent renovations funded by a US$3.5 million grant from the World Bank.   The upgrades included the addition of a Presidential Library, Freedom Hall, an amphitheatre, an audio-visual tunnel, and a new water fountain.  “The museum is a unique...
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