Block Commodities & Wala to provide $10M in Dala token loans to smallholder farmers across Sub-Saharan Africa

Block Commodities & Wala to provide $10M in Dala token loans to smallholder farmers across Sub-Saharan Africa

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Block Commodities, Wala, a blockchain-powered financial services platform, and Dala, a cryptocurrency token issuer aim to bring blockchain-enabled financial services to farmers in developing markets. The initiative will see Block Commodities and FinComEco Joint Venture provide an equivalent of US$10M in Dala token loans to approximately 50,000 smallholder farmers across Sub-Saharan Africa, starting in…

South Africa’s Cactus Capital invests in Nigeria’s Flutterwave & SA’s e-Factor

South Africa’s Cactus Capital invests in Nigeria’s Flutterwave & SA’s e-Factor

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South Africa’s  Cactus Capital, the investment arm of Cactus Advisors, has closed its second and third investments in Nigeria’s Flutterwave and South Africa’s E-Factor, months after it invested in Uganda’s mobile payment aggregator, Intel World International in Q1 2016. According to Zach George, Cactus Advisors’ founder…