News
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2.1KTechstars, 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...
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1.1KCopia Global and Visa Partner to Bring Financial Services to the African Mass Market
Copia Global, the leading ecommerce/fintech platform for African mass market consumers, and Visa, a global leader in digital payments, have announced a...
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948EV startup BasiGo secures $5m debt facility to scale local production
BasiGo, the Kenyan electric vehicle manufacturer has secured $5 million in debt funding from the British International Investment (BII), the UK’s development...
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1.1Ktappi Raises $1.5M to digitize and build online trust for African SMEs
tappi, an end-to-end digital commerce SaaS solution tailored for small and medium-sized businesses, has raised $1.5M in an oversubscribed Pre-Seed round led...
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843MTN Business App of the Year Awarded to Tech Prodigy From the EWSETA Hackathon Category
An up-and-coming team of app developers take the prize for their exceptional skills, creativity, and problem-solving prowess in the 2023 MTN App of the...
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1.2KMastercard Foundation Africa Growth Fund breaking barriers – expands its portfolio with three new deals empowering African entrepreneurs
The Mastercard Foundation Africa Growth Fund (the Fund) is pleased to announce that three Investment Vehicles (IVs) received investment approvals: Chui Ventures, VestedWorld,,...
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941M-KOPA Expands to Ghana, Unlocking $10m in Credit for Customers
M-KOPA, a leading African fintech platform, today announced the official launch of its flexible digital financing model in Ghana following a successful pilot phase....
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469The climate tech changemakers driving positive growth and resilience across Africa
The Africa Tech Summit Podcast proudly introduces its new Climate, Tech & Sustainability series, featuring influential voices and innovative solutions driving climate-positive...
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721Kenyan climate tech startup Amini raises $4 million seed funding raises to accelerate growth into new sectors
Amini a Nairobi-based climate tech startup focused on solving Africa’s environmental data gap through artificial intelligence and satellite technology, has raised $4...
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851Orange introduces its super-app, Max it, to simplify everyday life for people in Africa and the Middle East
Following the success of its My Orange and Orange Money applications, used by over 22 million customers every day, Orange (www.Orange.com) is...
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1.2KVenture applications open for the Africa Tech Summit Nairobi 2024 Investment Showcase
African tech ventures can now apply to pitch at the Africa Tech Summit (ATS) Investment Showcase taking place at the sixth edition...
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954Yellow Card becomes the first fintech in Africa to launch PayPal
Yellow Card has become the first fintech on the continent to launch PayPal USD (PYUSD). This new stablecoin from PayPal, issued by Paxos,...
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1.1KAfrica Tech Summit Partners with Raenest for its Sixth Edition in Nairobi
Africa Tech Summit Nairobi has announced a headline partnership with pioneering Nigerian fintech Raenest aimed at fostering innovation, growth and collaborations within the African tech...
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931MNT-Halan Closes $130 Million Securitization
MNT-Halan, Egypt’s first unicorn and fastest growing fintech, announced today that it has closed five tranches of securitized bond issuances through its microfinance and...
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1.1KBritish International Investment Commits US$26.5M to AFEX to Address Food Security
British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, today announced a US$26.5 million commitment to AFEX, Africa’s leading commodities...
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763SecondSTAX partners with Nigerian Exchange Limited to drive institutional investment from across Africa into Nigeria’s capital markets
SecondSTAX, a technology company that is building solutions to enhance intra-Africa capital and investment flows, has announced a new partnership with the Nigerian...
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1.1KReport reveals investment blockages in countering Uganda’s climate change damage
Impact Investors are favouring digital applications and solar power solutions to reduce carbon emissions in East Africa over crucial water and temperature...
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1.2KRevio 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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1.7KTuraco 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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770CrossBoundary 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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1.3K9 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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1.3KUber 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...
