News
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37MaxAB-Wasoko Acquires Fatura, Advancing Bold Ambition for Pan-African E-Commerce Consolidation
MaxAB-Wasoko, Africa’s leading retail e-commerce and supply chain super app, today announced the acquisition of Fatura, an Egypt-based B2B e-marketplace, from EFG...
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56Ampersand Unveils “Alpha”: A New Era for Africa’s Leading Electric Motorcycle
Ampersand, Africa’s leading electric vehicle (EV) energy tech company, is proud to announce a significant milestone in its journey to improve how...
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66Orange Middle East and Africa and the International Finance Corporation Join Forces to Boost Digital Connectivity in West and Central Africa
Orange Middle East and Africa (OMEA) and the International Finance Corporation (IFC) have signed a partnership to sustainably strengthen access to digital...
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103Burn Secures US$5 Million Investment from Electrifi to Scale Electric Cooking in Kenya
BURN, Africa’s leading clean cookstove manufacturer, distributor, and carbon project developer, has received a USD 5 million investment from EDFI Management Company...
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123Cargoplug Launches in UK to Power Growing UK-Nigeria Trade Route
Cargoplug, Nigeria’s leading tech-enabled cross-border logistics company, announced its official expansion into the United Kingdom with the launch of its first self-managed...
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115Verto Wins $1 Million Milken-Motsepe Prize in FinTech for its Innovative Cross-Border Payment Platform
Verto, a United Kingdom-based business-to-business cross-border payments platform, has been announced as the Grand Prize winner of the Milken-Motsepe Prize in FinTech....
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172Cassava Technologies and Zindi collaborate to showcase African AI innovation
Cassava Technologies, a global technology leader of African heritage has signed a Memorandum of Understanding (MOU) with Zindi, the largest professional network...
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178Releaf Earth Launches Nigeria’s First Industrial Biochar Carbon Removal Facility to Remove 40 Kilotonnes of CO₂e by 2030
Releaf Earth, a climate and agriculture technology company, has launched a Biochar production facility in Iwuru, Cross River State in Nigeria that...
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173Swedfund Invests $15M in TLG II to Boost SME Growth
Swedfund is investing $15 million in TLG Africa Growth Impact Fund II (TLG II). Through the investment, Swedfund aims to support the...
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579i3 Selects 7 African Startups Transforming Pharmacy Care to Receive Up to $225K & Impact Support from the Gates Foundation, MSD & More
Investing in Innovation Africa (i3), a pan-African initiative to support African healthtech startups to commercialise and scale their offerings, has announced its 3rd...
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271Onafriq Partners with Circle to Power Remittances and Cross-Border Payments with USDC
Onafriq, Africa’s largest payments gateway, and Circle, stablecoin market leader and issuer of USDC, today announced their strategic partnership aimed at transforming cross-border...
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290IFC, TLG Capital Announce $75m First Close of African Private Credit Fund to Support SMEs
To support small and medium sized enterprises in Africa—and to protect jobs at those businesses—IFC and TLG Capital announced the first close...
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348Kofa Closes $8.1 Million Pre-Series A Round to Expand Energy Access in Urban Africa
Kofa, leading technology-driven energy company and end-to-end ecosystem enabler, has closed an $8.1 million pre-Series A funding round. The investment, comprising $3.25...
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291Flutterwave’s Send App Now Live in Ghana to Enable Fast and Secure International Money Transfers
Flutterwave, Africa’s leading payments technology company, announced the official launch of Send App in Ghana. This milestone marks a significant step towards...
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260The 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...
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284Development 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...
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443PayPal 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...
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220InfraCredit 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...
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402Absa 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...
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288Africa 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...
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379Purple 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...
