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Guatemala outsider Arevalo stuns with presidential election triumph

Guatemala outsider Arevalo stuns with presidential election triumph

Dark horse candidate Bernardo Arevalo scored a landslide victory in Guatemala’s presidential election, final results showed Monday, as he vowed to crack down on pervasive corruption.The bespectacled 64-year-old sociologist swept from obscurity in what observers see as a stinging rebuke of a government that has cracked down on efforts to fight graft in the Central…

Zanifu raises $11.2M to scale its inventory financing offering in Kenya

Zanifu raises $11.2M to scale its inventory financing offering in Kenya

Zanifu, a Kenyan fintech providing inventory financing to micro, small and medium-sized businesses, has raised $11.2 million debt-equity funding in a pre-Series A round led by Beyond Capital Ventures and Variant Investments. Founders Factory Africa, AAIC Investment, Google Black Founders Fund, and existing investor Launch Africa also participated in the round. This brings total debt-equity…