Latest News
-
54NewsThe Government of Ghana Taps Zipline to Maintain Supply Chain Resilience Amid USAID Disruption
In the wake of ongoing disruptions to USAID’s supply chain, the Government of Ghana has partnered with Zipline, the world’s largest autonomous logistics...
-
109NewsDevelopment Partners International Launches DPI Venture Capital
Development Partners International LLP (“DPI”) has announced the launch of DPI Venture Capital which will target investments in early-stage, growth-orientated technology businesses...
-
227NewsPayPal and TerraPay Partner to Expand Access to Cross-Border Payments across Middle East and Africa
PayPal, a global digital payments and commerce platform, today announced a strategic partnership with TerraPay, a leading global money movement company, to...
-
126NewsInfraCredit Secures Strategic Investment from Mobilist as it Transitions to a Public Company
InfraCredit, a ‘AAA’-rated specialised infrastructure credit guarantee institution, has announced the successful equity investment by the UK Government-backed MOBILIST programme, alongside other...
-
245NewsAbsa Collaborates with UnionPay International to Expand Contactless Payments in South Africa
Absa, in partnership with UnionPay International (UPI), is launching contactless payments to UnionPay cardholders across South Africa, thereby strengthening its commitment to offering...
-
207NewsAfrica Tech Summit Returns to the London Stock Exchange to Drive Investment and Collaboration Amid Funding Shifts
The 9th Africa Tech Summit London will convene at the London Stock Exchange on 6 June 2025, reinforcing the critical role of London as a gateway for...
-
283NewsPurple Elephant Ventures Secures $500K Investment from Alphatron, Bringing its Seed Round Total to $5M
Purple Elephant Ventures (PEV), a venture studio dedicated to African tourism innovation, has secured an additional $500,000 investment from Alphatron, bringing its...
-
211NewsMobile Money Surpasses Two Billion Registered Accounts and Over Half a Billion Monthly Active Users Globally
Mobile money reached two significant milestones in 2024, surpassing two billion registered accounts and over half a billion active monthly users across...
-
200NewsVerdant Capital Hybrid Fund Completes an Additional Investment of USD 4.5 Million in LOLC Africa
Verdant Capital is pleased to announce that its Verdant Capital Hybrid Fund (the “Fund”) has completed an additional investment of USD 4.5...
-
207NewsPeach Payments Acquires West-African Payments Gateway PayDunya
Digital payments gateway Peach Payments has agreed to acquire West-African payment platform PayDunya. In the process, it enters mainland Francophone Africa for the...
-
217NewsMastercard and Nomba Collaborate to Advance Seamless Payments in Nigeria
Mastercard has announced a strategic collaboration with Nomba, a leading payment solutions provider, to deliver seamless payment experiences for businesses across the country....
-
264NewsDjamo Raises $17M of Equity to Double Down on Digital-First Banking Services for Users Across Francophone Africa
Djamo, a financial services app revolutionizing mobile banking in francophone Africa has secured $17 million in an equity funding round to continue...
-
261NewsRaxio Secures $100M From IFC to Develop Sub-Saharan African Data Center Platform
Raxio Group, a leading Sub-Saharan African data center platform, has signed an agreement for $100 million in financing from the International Finance...
-
276NewsProparco Partners with CRDB Bank to Boost MSME Growth in Tanzania with €48 Million in New Guarantees
Proparco renewed its strategic partnership with CRDB Bank Plc, Tanzania’s largest financial institution, by granting two new guarantees worth €24 million each,...
-
243NewsInfiniLink Secures $10M Funding from MediaTek, Sukna Ventures, and Egypt Ventures
InfiniLink, an innovative semiconductor startup specializing in advanced optical data connectivity chips for AI-driven data centers, announced the successful closure of a $10M funding...
-
337NewsCassava Technologies collaborates with Microsoft to launch community engagement initiative creating youth employment opportunities in South Africa’s renewable energy industry
Pan-African technology company Cassava Technologies (www.CassavaTechnologies.com), in a strategic collaboration with Microsoft, has launched a community engagement initiative focused on South Africa....
-
257NewsAlitheia Capital and Goodwell Investments Announce Successful Exit from uMunthu Fund’s Baobab Nigeria Investment
Alitheia Capital and Goodwell Investments are excited to announce the first exit of their joint uMunthu Fund: Baobab Nigeria, a financial institution creating meaningful impact in...
-
275NewsNOSIBLE Raises $1 Million Pre-Seed, Welcomes Industry Veteran Axel Hörger
NOSIBLE, an upcoming AI startup, announced it has secured $1 million in pre-seed funding led by Atlantica Ventures, alongside additional strategic investments from...
-
236NewsDigital Payments Economy in Africa Expected to Reach $1.5 trillion by 2030
Africa’s digital payments economy is set to grow from strength to strength according to a Mastercard-commissioned report by Genesis Analytics stating that...
-
185NewsPayhippo Rebrands to Rivy, Raises US$4M in Pre-Series A Funding
Rivy, an AI-powered lender for Africa’s renewable energy sector, announced its rebrand from Payhippo and the successful closing of a US$4 million in...
