Innovation
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1.8KTop Use Cases of Blockchain Technology in Africa
Beyond all the hype, blockchain technology has multiple use cases that could bring positive changes to various sectors on the African continent....
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1.3KEIB Global announces $30 million investment in Seedstars Africa Ventures I, a VC fund for African entrepreneurs
Innovative businesses and start-ups across Africa will benefit from better access to risk capital thanks to a US$30 million equity investment by EIB...
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1.1KMastercard partners with illicocash to launch virtual cards in Democratic Republic of the Congo
Mastercard has initiated a strategic partnership with illicocash, the fintech arm of Rawbank, to introduce a virtual card program in the Democratic...
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1.4KOctavia Carbon Raises Capital to Advance Carbon Capture Technology
Octavia Carbon, based in Kenya, has secured investment to advance its Direct Air Capture (DAC) technology, focusing on CO2 extraction from the...
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3.1KTechstars, announces 12 new investments through its Africa-focused program
Techstars, the most active startup investor in Africa, has announced its second cohort of 12 companies to participate in its pan-African accelerator...
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1.7KCopia Global and Visa Partner to Bring Financial Services to the African Mass Market
Copia Global, the leading ecommerce/fintech platform for African mass market consumers, and Visa, a global leader in digital payments, have announced a...
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1.5KEV startup BasiGo secures $5m debt facility to scale local production
BasiGo, the Kenyan electric vehicle manufacturer has secured $5 million in debt funding from the British International Investment (BII), the UK’s development...
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1.7Ktappi Raises $1.5M to digitize and build online trust for African SMEs
tappi, an end-to-end digital commerce SaaS solution tailored for small and medium-sized businesses, has raised $1.5M in an oversubscribed Pre-Seed round led...
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1.4KMTN Business App of the Year Awarded to Tech Prodigy From the EWSETA Hackathon Category
An up-and-coming team of app developers take the prize for their exceptional skills, creativity, and problem-solving prowess in the 2023 MTN App of the...
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1.7KMastercard Foundation Africa Growth Fund breaking barriers – expands its portfolio with three new deals empowering African entrepreneurs
The Mastercard Foundation Africa Growth Fund (the Fund) is pleased to announce that three Investment Vehicles (IVs) received investment approvals: Chui Ventures, VestedWorld,,...
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2.0KM-KOPA Expands to Ghana, Unlocking $10m in Credit for Customers
M-KOPA, a leading African fintech platform, today announced the official launch of its flexible digital financing model in Ghana following a successful pilot phase....
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1.3KKenyan climate tech startup Amini raises $4 million seed funding raises to accelerate growth into new sectors
Amini a Nairobi-based climate tech startup focused on solving Africa’s environmental data gap through artificial intelligence and satellite technology, has raised $4...
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2.0KAFEX Launches FETC Product on New Digital Trading Platform
Africa’s leading commodities player, AFEX, has launched Africa Exchange, a digital platform for trading commodities. The platform follows AFEX’s first foray into digital commodities trading...
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1.9KDeimos Launches Groundbreaking Infrastructure-as-a-Service Platform to Transform Business Operations in Africa
Deimos, a leading technology company specialising in cloud-native solutions, today announced the launch of Deimos Managed Infrastructure (DMI), a tried and tested groundbreaking solution that...
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1.5KOrange introduces its super-app, Max it, to simplify everyday life for people in Africa and the Middle East
Following the success of its My Orange and Orange Money applications, used by over 22 million customers every day, Orange (www.Orange.com) is...
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1.9KVenture applications open for the Africa Tech Summit Nairobi 2024 Investment Showcase
African tech ventures can now apply to pitch at the Africa Tech Summit (ATS) Investment Showcase taking place at the sixth edition...
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1.7KYellow Card becomes the first fintech in Africa to launch PayPal
Yellow Card has become the first fintech on the continent to launch PayPal USD (PYUSD). This new stablecoin from PayPal, issued by Paxos,...
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1.7KAfrica Tech Summit Partners with Raenest for its Sixth Edition in Nairobi
Africa Tech Summit Nairobi has announced a headline partnership with pioneering Nigerian fintech Raenest aimed at fostering innovation, growth and collaborations within the African tech...
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1.4KWicrypt’s Web3 WiFi hotspots go live in the peaq ecosystem
Wicrypt Network, a decentralized mobile Internet sharing and monetization network, announces expanding its integration with pea`q, the go-to blockchain for real-world applications....
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1.4KMNT-Halan Closes $130 Million Securitization
MNT-Halan, Egypt’s first unicorn and fastest growing fintech, announced today that it has closed five tranches of securitized bond issuances through its microfinance and...
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1.7KBritish International Investment Commits US$26.5M to AFEX to Address Food Security
British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, today announced a US$26.5 million commitment to AFEX, Africa’s leading commodities...
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1.4KSecondSTAX partners with Nigerian Exchange Limited to drive institutional investment from across Africa into Nigeria’s capital markets
SecondSTAX, a technology company that is building solutions to enhance intra-Africa capital and investment flows, has announced a new partnership with the Nigerian...
