MICROCAPITAL BRIEF: Tanmeyah for Microenterprise Buys B2B Platform Fatura to Bolster Online Capacity in Egypt

Tanmeyah for Microenterprise Services, a subsidiary of Egypt-based EFG Hermes Holding, recently acquired Netherlands-domiciled Fatura, a “tech-driven business-to-business (B2B) platform” active in Egypt. Tanmeyah CEO Hossam AlNaggar said the acquisition will provide “the company a faster route to digitally transform and develop.” The terms of the transaction

MICROCAPITAL BRIEF: Flutterwave, Alibaba Group’s Alipay to Offer Digital Payments Between Africa, China

Flutterwave, a US-based business-to-business (B2B) payments service that focuses on Africa, recently began collaborating with Alipay, a payments unit of the Chinese technology conglomerate Alibaba Group, to provide digital payments from Africa to China and