Fintech startup Yellow receives US$23m loan to expand its footprints

MALAWI – Yellow, a fintech startup which finances alternative energy in Malawi and Uganda, has received a US$23 million loan to expand its footprint. SA startup Lion’s Head Global Partner, a London-based private investment bank specialising on emerging and frontier countries, especially Africa, led the funding round Founded in 2017 by Michael Heyink and Maya Stewart, the startup uses an…

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On-demand jobs platform Jobop secures US$1m seed fund from Azur Innovation Fund

MOROCCO – Jodop, the Casablanca-based temporary staffing startup, has announced that it has secured US$1 million in seed funding from Azur Innovation Fund, a Moroccan innovation-focused fund. Jobop raised the funds from Azur Innovation Fund through the Plug and Play program, a Silicon Valley-based initiative aiming to stimulate the growth of the global startup ecosystem by connecting startups to venture…

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