Innovation
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1.5KWicrypt’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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1.5KMNT-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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1.8KBritish 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...
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1.6KReport reveals investment blockages in countering Uganda’s climate change damage
Impact Investors are favouring digital applications and solar power solutions to reduce carbon emissions in East Africa over crucial water and temperature...
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1.8K9 Ventures Announced for the Africa Money and DeFi Summit Investment Showcase
Africa Money and DeFi Summit has announced nine ventures selected to showcase their cutting-edge Web3, Blockchain, Fintech, and Decentralised Finance (DeFi) businesses...
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3.1KOpera Launches MiniPay, a New Stablecoin Wallet Built on the Celo Blockchain, to Onboard Millions of Users Across Africa to Web3
Opera, a global web innovator, unveils MiniPay – a blockchain-based wallet built on the Celo blockchain. Directly integrated into the Opera Mini browser, MiniPay makes...
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4.3KNestcoin raises a $1.9M strategic round to Fuel Onboard Wallet’s Growth
Nestcoin has successfully raised $1.9M in a strategic funding round led by Hashed Emergent, with participation from a global consortium of investors including...
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3.2KITC, KTPA to support digital transformation of small business in developing countries
The Korea Technopark Association (KTPA) and the International Trade Centre (ITC), a United Nations agency, signed a Letter of Intent to promote...
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3.4KInvestor-Founder Disconnect Poses Major Threat to African Tech Funding – New Report Reveals
According to a newly-released report from Wimbart, the leading PR agency specialising in tech & startup sectors across Africa and emerging markets, 71%...
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1.9KAltSchool Africa launches new schools to upskill Africans in creative and business industries
Skill-to-market platform AltSchool Africa, has expanded its learning faculty to introduce Creative Economy, and Business schools, following an impressive 40% completion rate in...
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1.7KRenew Capital Angels Invest in Kenyan Fintech FlexPay
Renew Capital Angels have invested in an innovative Kenyan fintech, FlexPay. FlexPay’s “save now, buy later” platform allows customers to purchase products...
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2.1KUber launches Electric Boda in Kenya
Uber has announced the launch of Electric Boda in Kenya, a first for Uber in Africa, and a significant milestone in sustainable...
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2.3KLemFi Raises $33 Million To Transform Financial Services
LemFi, a leading fintech platform transforming financial services for immigrants, has raised a $33 million Series A round led by Left Lane...
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1.9K12 growth stage startups selected for 2023 VC4A Venture Showcase Africa
VC4A is proud to announce the 12 African startups that have been selected to participate in the 2023 VC4A Venture Showcase Africa....
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3.7KFirst international AWS Skills Center opens in Cape Town, South Africa
Amazon Web Services (AWS) opened its first international AWS Skills Center in Cape Town, South Africa, continuing on a mission to remove...
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1.7KMastercard to Buy Stake in MTN’s $5.2 Billion Fintech Unit
By Bloomberg Mastercard Inc. agreed to take a minority stake in the financial-technology business of MTN Group Ltd., Africa’s biggest wireless carrier,...
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1.8KFarm CI Emerges Winner at AFEX Code Cash Crop 4.0 Ag-hackathon
AFEX, Africa’s leading commodities market player, hosted its fourth annual ag-hackathon, Code Cash Crop 4.0, aimed at harnessing the intersection of technology,...
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2.3KFounders Factory Africa Raises $144m Funding from Mastercard Foundation, Johnson & Johnson
Founders Factory Africa has secured an additional $114 million in funding to scale its model to better serve founders across the African tech...
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3.8KFour New African Asset Funds Announced Under the Prosper Africa Catalytic Investment Facility
Prosper Africa is pleased to announce four new partnerships with African asset fund managers under the Prosper Africa Catalytic Investment Facility that will mobilize...
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1.8KMastercard and Lipa Later Group Join Forces to Drive Financial Inclusion and Expand Buy Now, Pay Later Solutions in Africa
Mastercard has today announced a strategic partnership with Lipa Later, a leading credit led and technology-driven fintech. This collaboration aims to accelerate...
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1.6KRemedial Health raises $12 million to deliver financial services for neighbourhood pharmacies
Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has secured $12 million in an...
