Innovation
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1.0KTether 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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893Madica 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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744DHL 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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986Yango 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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644Jubaili 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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869Amazon, 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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708Mastercard 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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764TIME 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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1.0KEBANX 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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765Kredete 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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961KawiSafi 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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1.2KSouth 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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721Finnfund 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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810Japanese 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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1.0KPeach 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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1.2KNedbank 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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1.0KChowdeck 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...
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829AI in Africa to Top $16.5B by 2030: Mastercard Explores Path for Continued Digital Transformation
Mastercard has today released its latest whitepaper, Harnessing the transformative power of AI in Africa, a pan-African study of the continent’s readiness, opportunity...
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1.0KAirtel Africa Foundation Launches Tech For Her Program to Upskill African Women
Airtel Africa Foundation, the philanthropic arm of Airtel Africa plc, today announced the launch of its ‘Tech For Her’ Program’, targeting young women across...
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1.1KPaymentology Launches PayoCard to Expand Mobile-First Access to Card Services Across South Africa
Paymentology, the leading global issuer-processor, has launched a new mobile-first card management platform, PayoCard, to help digital banks and fintechs in South...
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1.3KCapitec and Fintech Mama Money Partner to Offer More Affordable Cross-Border Remittances
Capitec Bank, South Africa’s largest bank with over 24 million clients, has partnered with leading remittance fintech Mama Money to dramatically reduce the cost...
