Latest News
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768FinTechApis Partners leads €29M (US$31M) Series A funding for African fintech Peach Payments
Apis Growth Fund II, a private equity fund managed by Apis Partners LLP (“Apis Partners”), a UK-based asset manager, today announces its...
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2.3KInnovationTushop 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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14.4KAfrica Tech SummitAfrica Tech Summit Nairobi – February 23-24th 2022
After three successful Summits in Kigali the fourth edition of Africa Tech Summit will take place in Nairobi, Kenya on February 23rd...
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69NewsRevio Raises $5.2 million Seed round
Revio, the payment orchestration platform helping merchants optimize their order to cash lifecycle, today announced a seed investment round of $5.2 million....
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164FundingUntapped Global, Secures US$3 Million From E3 Capital to Scale its Real-Time Data Platform and Accelerate Adoption of Climate Smart Solutions in Africa
Untapped Global, a revenue-based asset financing platform, successfully secured US$3 million in seed funding led by E3 Capital. The investment from E3...
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171PartnershipAfrica Money and DeFi Summit and Amazon Web Services Partner to Drive Digital Transformation in Africa
Africa Money and DeFi Summit, creators of Africa Tech Summit are delighted to announce its partnership with Amazon Web Services (AWS) a...
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140FundingNurturing Kenya’s Cleantech Innovation with Japan: JICA’s Project NINJA reveals 5 startups
Adding to the 60th anniversary of diplomatic relations between Japan and Kenya comes a milestone for the Japan International Cooperation Agency (JICA) in...
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367GhanaTuraco acquires MicroEnsure Ghana to deepen affordable insurance coverage across Africa
Turaco, Africa’s leading tech-enabled affordable insurance company, today announced the acquisition of MicroEnsure Ghana, a pioneering microinsurance company from MIC Global. Under the deal,...
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181NewsCrossBoundary Access’ Blended Finance Model Attracts $10 Million for Mini-Grids from AfDB’s Sustainable Energy Fund for Africa (SEFA)
Africa’s first blended finance facility for mini-grids, CrossBoundary Access, announced $10 million in new funding commitments from the African Development Bank (AfDB)...
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160Cryptocurrency AfricaThe State of Web3 in Ghana
Ghana is one of the bright spots in Africa’s cryptocurrency story. The West African country has often been touted as a state...
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276Innovation9 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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358InnovationOpera 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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1.9KFundingNestcoin 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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540InnovationITC, 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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480FundingInvestor-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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369InnovationAltSchool 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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271FundingFSD Africa Investments commits $19.5 million to boost climate resilience in Africa
FSD Africa Investments (FSDAi), the investing arm of FSD Africa, today announces new investments totalling US$19.5 million to support climate adaptation and climate-aligned infrastructure...
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451FinTechRenew 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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500InnovationUber 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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625FinTechLemFi 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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568Innovation12 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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993InnovationFirst 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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631InnovationMastercard 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,...
