Innovation
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1.1KForest Interactive Partners with Orange to Power the Digital Voucher Economy
Forest Interactive, have announced a partnership with Orange, a leading telecommunication operator, with the aim of accelerating the digital economy forward to...
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1.1KUmba raises $15M in a Series A led by Costanoa Ventures and Lux Capital
Umba, a digital bank with a mission to bring a wide range of transparent and accessible financial products across Africa has raised...
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1.4KEgyptian infrastructure management platform Pylon raises $19 million seed round
Egypt-based infrastructure management platform Pylon, has raised $19 million in a Seed funding round comprising equity and debt, led by Endure Capital,...
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1.2KDiDi halts operations in South Africa
Exactly one year after setting up in South Africa, DiDi, a Chinese multinational ride-hailing company, has announced its departure. The company launched...
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1.0KImaliPay raises $3M to offer financial services to underserved gig workers across Africa
ImaliPay, a Pan-African fintech start-up with a focus on empowering the gig economy through its one-stop-shop financial services platform has closed a...
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2.6KTushop Raises $3M to Scale Community Group-Buying in Kenya
Tushop, the Kenyan social-commerce platform that enables communities in Nairobi to buy groceries more cheaply with free delivery, has secured $3M in...
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1.3KEksab Secures $3M Seed Round, Led by 4DX Ventures
Egypt’s number one integrated football gaming and content platform will scale across MENA and SSA Egyptian daily fantasy football platform, Eksab has...
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1.0KThriveAgric raises $56.4m debt funding and accelerates pan-Africa expansion plans
ThriveAgric, a fast-growing technology-driven agricultural company, has raised $56.4M in debt funding from local commercial banks and institutional investors. The raise also...
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1.2KLuno Launches New Global VC Arm, Luno Expeditions
Luno, a wholly-owned subsidiary of Digital Currency Group (“DCG”), announces the launch of Luno Expeditions, a global, early-stage investment arm to support...
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1.2KCrypto exchange FTX partners with AZA Finance to expand Web3 in Africa
FTX, a global digital currency exchange, today announced it is partnering with AZA Finance to expand the adoption of digital currencies and...
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1.2KSokowatch secures $125M Series B Round, launches in West Africa, and rebrands to Wasoko
Sokowatch, the African e-commerce company leveraging innovative technology to transform the informal retail supply chain, has today announced the close of a...
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1.3KYC-backed Curacel unveils Grow, enabling any technology company to seamlessly offer insurance
Curacel, the leading African insurance infrastructure startup, has launched Curacel Grow, an embedded insurance product that empowers technology companies to seamlessly offer...
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1.1KMoove raises $105m in Series A2 round to scale
Moove, the world’s first mobility fintech, which provides revenue-based financing to mobility entrepreneurs across Africa, has raised $105 million in an oversubscribed...
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1.8KMicrosoft announces new initiatives to support 10,000 African start-ups over next five years
Under the remit of its recently established Africa Transformation Office (ATO), Microsoft has announced new initiatives to accelerate the growth of 10,000...
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1.7KVerifyMe Unveils Nigeria’s 1st Digital ID and KYC Industry Report
A shift towards digital identities could add an estimated 7% in real GDP to the Nigerian economy by 2030. This was one...
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1.7KM-KOPA Secures $75M Growth Equity Round
M-KOPA, the fintech platform that provides connected financing and digital financial services to underbanked consumers across four markets in Africa, today announced...
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1.2K“A real moment of opportunity” shares Tony Blair at Africa Tech Summit
The tech revolution continues to redefine what is possible, for individuals, states and societies, and Africa is in an excellent position to...
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1.5KLeading Startups announced to Pitch Live at Africa Tech Summit in Nairobi
Africa Tech Summit has announced the final shortlist of startups who will Pitch Live on stage to delegates at the sold-out Africa...
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1.9KScaling across Africa with cross border payments
The rapid growth of fintech is transforming Africa’s financial landscape and Verto pride themselves on being at the forefront of this much-needed...
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1.7KNBK Capital Partners Mezzanine Fund provides US$ 10 million financing to Moove, an African mobility fintech
NBK Capital Partners Mezzanine Fund II (the “Fund”) announced today that it closed a US$ 10 million financing facility with Uber’s exclusive...
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1.4KCasava secures $4 million pre-seed funding to provide microinsurance for millions of Nigerians
Casava, Nigeria’s first 100% digital insurance company, has secured $4 million in pre-seed funding to provide affordable and accessible insurance products for...
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1.6KOpen Call for Startups to Join ImpactAim SDGs Tech PreAccelerator by UNDP and Seedstars
ImpactAim SDGs Tech PreAccelerator powered by UNDP, Seedstars, and Financial Times is a 15-day intensive online PreAccelerator that will immerse startups in...
