News
-
145CrossBoundary 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)...
-
2439 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...
-
485Uber 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...
-
619LemFi 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...
-
55812 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....
-
971First 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...
-
620Mastercard 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,...
-
696Farm CI Emerges Winner at AFEX Code Cash Crop 4.0 Ag-hackathon
AFEX, Africa’s leading commodities market player, hosted its fourth annual ag-hackathon, Code Cash Crop 4.0, aimed at harnessing the intersection of technology,...
-
996Founders Factory Africa Raises $144m Funding from Mastercard Foundation, Johnson & Johnson
Founders Factory Africa has secured an additional $114 million in funding to scale its model to better serve founders across the African tech...
-
2.6KFour New African Asset Funds Announced Under the Prosper Africa Catalytic Investment Facility
Prosper Africa is pleased to announce four new partnerships with African asset fund managers under the Prosper Africa Catalytic Investment Facility that will mobilize...
-
743Mastercard and Lipa Later Group Join Forces to Drive Financial Inclusion and Expand Buy Now, Pay Later Solutions in Africa
Mastercard has today announced a strategic partnership with Lipa Later, a leading credit led and technology-driven fintech. This collaboration aims to accelerate...
-
684Remedial Health raises $12 million to deliver financial services for neighbourhood pharmacies
Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has secured $12 million in an...
-
757Mastercard partners with Alerzo to digitize SMEs in the Nigerian FMCG space
Mastercard, a global leader in financial services, has joined forces with Alerzo, Nigeria’s leading technology service provider, to address the challenges faced...
-
622New report from Duplo reveals that Nigeria trails South Africa and Kenya in Africa’s B2B payment revolution
A new report from Duplo, a business payment platform for African businesses of all sizes, has revealed that Nigeria trails South Africa and...
-
710Exness expands its Fintech Scholarships program to Kenya
Multi-asset broker Exness is extending its popular Fintech Scholarships program to Kenya in partnership with the United States International University (USIU). The...
-
684Egyptian fintech Flash raises $6 million seed round
Flash, Egypt’s new cashless payments app, has raised $6 million seed round to accelerate its product development and customer and business acquisition...
-
834Flutterwave Launches Tuition to Ease Education Fee Payments for Africans Abroad and on the Continent
Flutterwave, Africa’s leading payments technology company, has launched Tuition, a new payment product, to allow African users to conveniently pay various fees...
-
852The Bank of Tanzania grants license to DPO Pay
Leading African digital payments provider, DPO Pay, registered under One Payment Tanzania Limited, has received approval from the Bank of Tanzania to...
-
815Moove closes $8mn financing from Absa to expand vehicle fleet for Ghana’s mobility entrepreneurs
Moove, the world’s first mobility fintech, has secured USD $8mn in financing from Absa Corporate and Investment Banking (CIB), bringing its total funding to-date...
-
742AZA Finance Launches New Payout Corridors to Empower Businesses in Emerging Markets
AZA Finance, an African fintech company, is a global leader specialising in providing secure and efficient financial infrastructure for payments, foreign exchange,...
-
772Chapa Partners with Telegram to Revolutionize Digital Payments in Ethiopia
Chapa, the leading payment solution provider in Ethiopia, is thrilled to announce its groundbreaking partnership with Telegram, one of the world’s most...
