Innovation
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54Fund for Export Development in Africa (FEDA) Announces Strategic Investment in Spiro to Accelerate Africa’s Electric Mobility Transition
The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), has announced...
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41Ventures Platform Secures $64M First Close for Fund II to Power Africa’s Next Tech Wave
Ventures Platform, Africa’s leading seed-stage fund, has announced the $64 million first close of its second fund, VP Pan-African fund II, aimed...
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168AfricInvest Fund IV invests in Arrow Holding to Accelerate HR Technology Across Africa
AfricInvest has taken a significant minority stake in Arrow Holding, a regional HR technology and staffing group operating through several subsidiaries across Africa...
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200Ghana’s DACF and Singapore’s EFGH Launch Joint Venture to Build Africa’s First Finternet
Ghana’s District Assemblies Common Fund (DACF) and Singapore’s Embed Financial Group Holdings (EFGH) have announced a joint venture to create Africa’s first...
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225Commercial International Bank, talabat, and Mastercard to Launch a new Credit Card Tailored to the Digital Generation in Egypt
Commercial International Bank (CIB), Egypt’s leading private sector bank, has partnered with talabat, the region’s leading online delivery platform, to launch the...
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199Zepz Launches Sendwave Wallet to Give Customers the Power of Stablecoins in Everyday Transactions
Zepz, the global payments group behind WorldRemit and Sendwave, announced the launch of the Sendwave Wallet, a globally accessible stablecoin-backed peer to peer cross border...
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226Cassava Technologies Secures Investment to Accelerate Growth
Cassava Technologies (Cassava), a global technology leader of African heritage, announced that it has received an investment from NVIDIA. According to Hardy...
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94Moniepoint Announces Successful Completion of US$200 Million Series C Round to Power Financial Inclusion
Moniepoint Inc. (“Moniepoint” or the “Company”), Africa’s all-in-one financial platform for businesses and their customers, announces it has raised over US$200 million...
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120Spiro Raises $100 Million in Africa’s Largest-Ever Investment in Electric Mobility
Spiro, the African leader in two-wheel transportation and battery swapping, today announced a landmark $100 million investment round, the largest investment in...
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310Tether Invests in Kotani Pay to Revolutionize Africa’s Digital Asset Infrastructure and Cross-Border Payments
Tether, the largest company in the digital asset industry, announced a strategic investment in Kotani Pay, an on-ramp/off-ramp infrastructure that connects Web3 users to...
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298Madica Expands Portfolio With Two New AI Startups
Madica, a structured investment program for pre-seed African startups, announced new investments in two AI-powered companies: Anavid and Hypeo AI. Each company has secured up...
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256DHL Group Commits More Than €300 Million to Accelerate Trade Growth Across Africa
DHL Group (“DHL”) announced a €300+ million planned investment in Sub-Saharan Africa (SSA), reaffirming its long-term commitment to a region of growing...
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376Yango Group Announces Strategic Investment in The Kenyan Fintech Platform Zanifu to Boost SME Growth in Africa
Yango Group, a UAE-based tech company, has announced a new investment in Zanifu, a leading Kenyan fintech platform that provides access to...
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257Jubaili Bros Nigeria, EV24.africa, and illigo Establish a Partnership to Offer Fully Integrated Renewable Energy and Mobility Solutions to Power Nigeria’s Sustainable Electric Future
In a major boost for Nigeria’s sustainable transportation goals, industry technology leaders Jubaili Bros, EV24.africa, and illigo have announced a strategic alliance...
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350The Spark Accelerator Program Unveils the Second Cohort to Drive Innovation and Scale in Africa
Safaricom announced the selection of 10 startups as finalists for the second cohort of the Spark Accelerator Program, chosen from a competitive...
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330Amazon, Emirates Islamic, and Mastercard to Introduce Region’s First Amazon Credit Card with Exclusive Savings and Lifestyle Benefits for UAE Customers
Emirates Islamic has joined forces with Amazon UAE and Mastercard to launch the first Amazon Credit Card in the Middle East and...
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340Mastercard and Hillcroft (mTek) Collaborate to Launch Embedded Insurance Solutions Across East Africa
Mastercard has announced a strategic collaboration with Insurtech company Hillcroft (mTek) to launch embedded insurance solutions across East Africa. The collaboration will...
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381TIME Magazine Names Remedial Health as One of the World’s Most Innovative HealthTech Companies
Remedial Health, a health technology company providing inventory, software, data, and financing solutions to healthcare providers in Africa, has been named among...
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491EBANX Launches Integration with Capitec Pay, Enabling Open Banking for Cross-Border E-Commerce in South Africa
EBANX, a global technology company specializing in payment solutions for emerging markets, has announced the integration of Capitec Pay, South Africa’s leading open...
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350Kredete Raises a $22M Series A round to Expand Credit-building Infrastructure with Stablecoin Transfers to Africa
Kredete, a Fintech company focused on helping African immigrants build credit and access financial services has raised a $22 million Series A...
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525KawiSafi Announces $90 million in Approved Capital to Accelerate Climate Solutions Across Africa
Acumen has launched its second KawiSafi fund focused on accelerating climate solutions in Africa, with $90 million in approved capital, including $40...
