News
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514EBANX Launches Integration with Capitec Pay, Enabling Open Banking for Cross-Border E-Commerce in South Africa
EBANX, a global technology company specializing in payment solutions for emerging markets, has announced the integration of Capitec Pay, South Africa’s leading open...
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367Kredete Raises a $22M Series A round to Expand Credit-building Infrastructure with Stablecoin Transfers to Africa
Kredete, a Fintech company focused on helping African immigrants build credit and access financial services has raised a $22 million Series A...
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539KawiSafi Announces $90 million in Approved Capital to Accelerate Climate Solutions Across Africa
Acumen has launched its second KawiSafi fund focused on accelerating climate solutions in Africa, with $90 million in approved capital, including $40...
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603South Africa’s Fintech Startup Float Raises $2.6M(R46 million) to Scale
Four-year-old card-linked instalment platform Float has secured $2.6 million (R46 million) in funding co-led by Invenfin and SAAD Investment Holdings, with participation from all existing investors, including Platform...
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460Finnfund Closes a $4 million Debt Investment with Kenyan Poa Internet to Expand Affordable Broadband
Finnfund closed a 4 million US dollar debt investment with Poa Internet Kenya Ltd. (“Poa Internet”), a Kenyan internet service provider, to...
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440Japanese Business to Invest $100m to Make Ghana Africa’s First Artificial Intelligence-Powered Agriculture Hub
Degas Limited has announced a $100 million investment over the next four years to help establish Ghana as Africa’s first AI-powered agricultural...
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580Peach Payments Announces Real-Time Clearance Payouts
Leading digital payments provider Peach Payments has launched real-time clearance (RTC) payouts for all merchants on its platform in South Africa. The...
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859Nedbank Acquires iKhokha to Accelerate SME Customer Growth
Nedbank Group, one of South Africa’s leading financial services providers, has entered into a binding agreement to acquire 100% of fintech innovator...
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710TLcom Adds to TAPSI Pre-Seed Portfolio
TLcom Capital, the Africa-focused venture capital firm, is growing its early-stage portfolio from its dedicated $5M pre-seed fund, TAPSI [TIDE Africa Pre...
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672Chowdeck Raises $9 Million Series A Funding to Launch Quick Commerce and Accelerate Expansion Across Nigeria and Ghana
Chowdeck, Africa’s leading on-demand delivery platform, has raised $9 million in Series A funding to expand into more cities across Nigeria and...
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507AI in Africa to Top $16.5B by 2030: Mastercard Explores Path for Continued Digital Transformation
Mastercard has today released its latest whitepaper, Harnessing the transformative power of AI in Africa, a pan-African study of the continent’s readiness, opportunity...
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639Airtel Africa Foundation Launches Tech For Her Program to Upskill African Women
Airtel Africa Foundation, the philanthropic arm of Airtel Africa plc, today announced the launch of its ‘Tech For Her’ Program’, targeting young women across...
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813Paymentology Launches PayoCard to Expand Mobile-First Access to Card Services Across South Africa
Paymentology, the leading global issuer-processor, has launched a new mobile-first card management platform, PayoCard, to help digital banks and fintechs in South...
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656Capitec and Fintech Mama Money Partner to Offer More Affordable Cross-Border Remittances
Capitec Bank, South Africa’s largest bank with over 24 million clients, has partnered with leading remittance fintech Mama Money to dramatically reduce the cost...
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985South African Travel Fintech TurnStay Raises $2M to Accelerate Africa Expansion
South African travel-focused fintech TurnStay has raised $2 million (over R34 million) in a seed round led by First Circle Capital, with participation from leading...
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348Sun King Secures $156M to Expand Clean Energy for 1.4M Kenyan Homes
Sun King, the world’s largest off-grid solar energy company, has closed a landmark $156 million (KES 20.1 billion) securitisation to scale affordable...
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568EV24.africa Becomes the Leading Electric Vehicle Marketplace in Africa, Just 3 Months After Launch
EV24.africa, the first pan-African electric vehicle (EV) marketplace, has established itself as the leading platform for electric mobility on the continent just...
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522Safaricom and PayPal Collaborate to Link Mobile Money with Online Payments
Safaricom (NSE: SCOM), M-PESA and PayPal have announced a strategic collaboration to enable account linking and seamless fund transfers across their networks....
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515Absa and Visa Extend Strategic Partnership to Advance Growth and Innovation Across Africa
Absa and Visa have renewed their strategic partnership to accelerate the development of innovative, inclusive, secure, and digitally enabled financial payment ecosystems...
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891Tactful AI Founders Reacquire Company as it Enters New Growth Phase
Tactful AI, the Egypt-born startup specializing in AI-powered customer experience solutions, has announced a new chapter in its journey after its founders,...
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477FSD Africa Invests US$2.5M in Blue Carbon Project in West Africa
Africa Investments (FSDAi), the UK-backed specialist development finance investor, is investing US$2.5 million into West Africa Blue (“Blue”)’s blue carbon project...
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394Roam and Keep It Cool to Launch Africa’s First Electric Cold Chain Delivery Network
In a major move for climate resilience and food security, Earthshot Prize 2022 Finalist Roam and Earthshot Prize 2024 winners Keep It...
