Innovation
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934Zepz 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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837Cassava 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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537Moniepoint 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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711Spiro 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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1.1KTether 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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935Madica 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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800DHL 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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1.0KYango 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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680Jubaili 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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1.2KThe 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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919Amazon, 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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742Mastercard 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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800TIME 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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1.1KEBANX 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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813Kredete 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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1.0KKawiSafi 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...
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1.3KSouth Africa’s Fintech Startup Float Raises $2.6M(R46 million) to Scale
Four-year-old card-linked instalment platform Float has secured $2.6 million (R46 million) in funding co-led by Invenfin and SAAD Investment Holdings, with participation from all existing investors, including Platform...
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760Finnfund Closes a $4 million Debt Investment with Kenyan Poa Internet to Expand Affordable Broadband
Finnfund closed a 4 million US dollar debt investment with Poa Internet Kenya Ltd. (“Poa Internet”), a Kenyan internet service provider, to...
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843Japanese Business to Invest $100m to Make Ghana Africa’s First Artificial Intelligence-Powered Agriculture Hub
Degas Limited has announced a $100 million investment over the next four years to help establish Ghana as Africa’s first AI-powered agricultural...
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1.1KPeach Payments Announces Real-Time Clearance Payouts
Leading digital payments provider Peach Payments has launched real-time clearance (RTC) payouts for all merchants on its platform in South Africa. The...
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1.3KNedbank Acquires iKhokha to Accelerate SME Customer Growth
Nedbank Group, one of South Africa’s leading financial services providers, has entered into a binding agreement to acquire 100% of fintech innovator...
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1.1KChowdeck Raises $9 Million Series A Funding to Launch Quick Commerce and Accelerate Expansion Across Nigeria and Ghana
Chowdeck, Africa’s leading on-demand delivery platform, has raised $9 million in Series A funding to expand into more cities across Nigeria and...
