Innovation
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899Mastercard 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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961Farm 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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1.3KFounders 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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2.8KFour 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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855Mastercard 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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783Remedial 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...
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867Mastercard partners with Alerzo to digitize SMEs in the Nigerian FMCG space
Mastercard, a global leader in financial services, has joined forces with Alerzo, Nigeria’s leading technology service provider, to address the challenges faced...
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880Exness expands its Fintech Scholarships program to Kenya
Multi-asset broker Exness is extending its popular Fintech Scholarships program to Kenya in partnership with the United States International University (USIU). The...
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826Egyptian fintech Flash raises $6 million seed round
Flash, Egypt’s new cashless payments app, has raised $6 million seed round to accelerate its product development and customer and business acquisition...
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979Flutterwave Launches Tuition to Ease Education Fee Payments for Africans Abroad and on the Continent
Flutterwave, Africa’s leading payments technology company, has launched Tuition, a new payment product, to allow African users to conveniently pay various fees...
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947Moove closes $8mn financing from Absa to expand vehicle fleet for Ghana’s mobility entrepreneurs
Moove, the world’s first mobility fintech, has secured USD $8mn in financing from Absa Corporate and Investment Banking (CIB), bringing its total funding to-date...
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936AZA Finance Launches New Payout Corridors to Empower Businesses in Emerging Markets
AZA Finance, an African fintech company, is a global leader specialising in providing secure and efficient financial infrastructure for payments, foreign exchange,...
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974Chapa Partners with Telegram to Revolutionize Digital Payments in Ethiopia
Chapa, the leading payment solution provider in Ethiopia, is thrilled to announce its groundbreaking partnership with Telegram, one of the world’s most...
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742Insuretech, Turaco, Celebrates Insuring Over 1,000,000 People Across Africa
Turaco, the leading African insuretech distributing affordable insurance, is proud to announce it has surpassed 1,000,000 lives insured. Turaco raised a $10m...
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729Moniepoint Empowers Nigeria’s Underbanked Businesses With Financial Services Enabled by Google Cloud
Google Cloud announced today a new collaboration with Moniepoint, an Africa-focused business banking platform that provides financial services to Nigeria’s underbanked businesses...
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669Visa announces launch of Africa Fintech Accelerator Program
The Visa Africa Fintech Accelerator will enable up to 40 start-ups each year to accelerate and grow through a three-month intensive learning...
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677Orange partners with Digital Africa to strengthen the growth of African startups
Jérôme Hénique, CEO of Orange Middle East and Africa , and Isadora Bigourdan, CEO of Digital Africa, have signed a partnership agreement to...
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676Eze secures $3.7 million seed funding to build global marketplace for electronics wholesaling
Eze, a wholesale marketplace for used and new electronics, has secured $3.7 million in seed funding to develop its technology infrastructure, broaden...
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673New report lays bare lack of gender diversity in African tech startup ecosystem
Disrupt Africa has released the first ever publication focused on gender equality in the African tech startup landscape, in partnership with Africa-focused...
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841Kenya to host newly launched Diageo’s Africa Digital Hub
The hub, set to be hosted at EABL headquarters in Garden City Office Park, Nairobi is a shared service designed to deliver...
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805MultiChoice, Rapyd and General Catalyst to develop new integrated payment platform for Africa
MultiChoice Group, Rapyd and General Catalyst announced a joint venture aimed at developing an integrated payment platform for Africa. The joint venture...
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869Female founded Zydii – a Kenya-based digital training solutions provider gets new funds
DOB Equity, Kua Ventures, Kaleo Ventures and NaiBAN have invested in a pre-seed funding round in Zydii, a Kenya-based digital training solutions...
