News
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705Proparco Invests in Rubyx to Support African Microfinance Institutions and Startups
Proparco has granted a €400k loan to Rubyx through the Bridge by Digital Africa facility. This will enable the African start-up to...
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620Kenya-based SUKHIBA Secures $1.5M Seed Extension to Scale WhatsApp-Based E-Commerce
SUKHIBA, an innovative conversational commerce and CRM platform, announced today it has completed a $1.55 million seed extension round led by EQ2...
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1.1KWasoko & MaxAB Complete Landmark Merger
African B2B e-commerce pioneers Wasoko and MaxAB have completed the continent’s largest-ever tech merger following the signing of preliminary terms in Q4 2023. Conducted as an...
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1.2KWorkpay raises $5M Series A investment to expand HR and payroll platform across Africa
Workpay, the cloud-based HR, payroll and benefits platform for organisations with employees across Africa, today announces that it has raised $5m in...
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1.3KFCMB and FMO Seek Agricultural Solutions in Nigeria with Agritech Hackathon
First City Monument Bank (FCMB) and the Dutch Entrepreneurial Development Bank (FMO) are joining forces to ignite innovation in Nigeria’s agricultural sector...
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966New Duplo report predicts changing global trade patterns will enhance cross-border B2B payments in Africa
A new report from Duplo, the leading provider of payment, spend, and vendor management solutions for African businesses, is predicting that changing global...
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866Sendsprint Acquires Nobel Financial to Drive US Expansion and Remittance Services to Africa
Sendsprint, an international payment and remittance startup, has acquired Nobel Financial Inc., a US-based global remittance service provider, to drive the expansion of...
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740Stables Teams Up with Yellow Card to Bring Stablecoins to Africa
Stables, the pioneering Australian stablecoin payment startup, is set to make waves in the African market through a strategic collaboration with Yellow...
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940Over 20 African fintech startups join Visa’s second accelerator program cohort
Visa has announced the startups shortlisted from across Africa to participate in the second cohort of its Africa Fintech Accelerator program. The...
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754Interswitch, World Bank Collaborate on 2024 Global Payment Innovation Report
Interswitch Group has formally unveiled the 2024 Global Payments Innovation Jury Report, in partnership with The World Bank, and other notable international payment players,...
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982EMpact Launches its Venture Studio in Côte d’Ivoire
Today witnessed the launch of EMpact – a venture studio focused on creating startups that serve agricultural value chains – in Côte d’Ivoire,...
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1.2KMadica Announces First Set of African Tech Portfolio Companies
Madica, a structured investment program designed for pre-seed stage startups in Africa, announced its first set of investments in three startups today. In...
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586AWS Unveils Deadline Cloud, a New Service to Transform Content Rendering Pipelines
Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced the availability of AWS Deadline Cloud, a fully managed...
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665EMURGO Africa Unveils EMURGO Labs For Emerging Web3 Technologies
EMURGO Africa, the investment and commercial arm of Cardano in Africa, today announced the launch of EMURGO Labs, a dedicated development entity...
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665The Catalyst Fund Invests $1.8 Million in 9 Groundbreaking African Climate Tech Startups
The Catalyst Fund today announced an investment of $1.8 million in 9 early-stage climate tech startups across Africa. This brings their total...
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1.8KOpera MiniPay Celebrates Milestone with Over 1 Million Users in Africa
Opera, in collaboration with Celo and Mento Labs, is delighted to announce a significant achievement of surpassing 1 million users of the MiniPay wallet across Nigeria, Kenya,...
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694Africa Tech Summit Nairobi Announces GIZ as its Gold Sponsor
Africa Tech Summit (ATS) is thrilled to announce the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ GmbH) as a gold sponsor of its...
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631IFC invests $20 million in Africa50 Fund to support sustainable infrastructure development in Africa
To support sustainable infrastructure development across Africa, IFC has announced a $20 million equity investment in the Africa50 Infrastructure Acceleration Fund (IAF Fund),...
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1.1KNODO Wrapped: The Product Community Startup For Blockchain In Africa
Over a hundred thousand users are currently signed up on NODO, arguably one of the continent’s most valuable products launched in 2023. Not...
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1.9KTop 5 African Web3 Projects To Keep An Eye on in 2024
As 2024 approaches we look at the growth in the African Web3 industry, with innovation and adoption set to conintue. The list...
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2.0KTechstars, announces 12 new investments through its Africa-focused program
Techstars, the most active startup investor in Africa, has announced its second cohort of 12 companies to participate in its pan-African accelerator...
