News
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1.0KEze secures $3.7 million seed funding to build global marketplace for electronics wholesaling
Eze, a wholesale marketplace for used and new electronics, has secured $3.7 million in seed funding to develop its technology infrastructure, broaden...
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631MyCredit Investments Ltd (FairMoney Nigeria) successfully completes N2.5billion series 1 commercial paper issuance
MyCredit Investments Limited (FairMoney Nigeria) is thrilled to announce the resounding success of its debut N2.5 billion Series 1 Commercial Paper (“CP”)...
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1.0KThriveAgric empowers over 500,000 smallholder farmers to scale food production in Africa
Leading agricultural technology company, ThriveAgric, has today released its 2022 Impact Report reiterating the company’s mission to build the largest network of profitable farmers...
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970New report lays bare lack of gender diversity in African tech startup ecosystem
Disrupt Africa has released the first ever publication focused on gender equality in the African tech startup landscape, in partnership with Africa-focused...
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1.3KKenya to host newly launched Diageo’s Africa Digital Hub
The hub, set to be hosted at EABL headquarters in Garden City Office Park, Nairobi is a shared service designed to deliver...
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1.2KMultiChoice, Rapyd and General Catalyst to develop new integrated payment platform for Africa
MultiChoice Group, Rapyd and General Catalyst announced a joint venture aimed at developing an integrated payment platform for Africa. The joint venture...
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3.6KCross-border payments: understand security risks and best practices to combat fraud
By Sophie Proctor In today’s rapidly evolving global financial landscape, the growth of cross-border transactions has been astronomical. According to the Boston Consulting...
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1.2KFemale founded Zydii – a Kenya-based digital training solutions provider gets new funds
DOB Equity, Kua Ventures, Kaleo Ventures and NaiBAN have invested in a pre-seed funding round in Zydii, a Kenya-based digital training solutions...
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902African Banker Awards 2023 winners announced
The African Banker Awards 2023 Gala Ceremony took place at the Rixos Hotel in Sharm El Sheikh, Egypt on the sidelines of...
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3.0KTyme raises $77.8m to fuel global expansion
Tyme, one of the fastest growing digital banking groups in the world, has successfully raised $77.8m from Norrsken22 and Blue Earth Capital....
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768New data from Autochek reveals African millennials are almost six times as likely to apply for car loans than other age groups
New insights from a sample of 55,000 car-related transactions on the Autochek platform has revealed that millennials are more likely to apply for car...
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1.1KHow banks and PSPs can navigate cross border payment challenges in emerging markets
By Sophie Proctor As the world becomes more interconnected, cross-border payments have become an essential aspect of the financial services industry. However,...
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2.9KFigorr raises $1.5 million seed funding to support data-driven insurance for perishable goods in Africa
Gricd, a technology company that develops Internet of Things-powered solutions to support the last-mile delivery of perishable goods, has secured $1.5 million...
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1.9KQualcomm Announces Shortlist for the Inaugural Qualcomm® Make in Africa Mentorship Program
Qualcomm Technologies, Inc. has announced the selection of 10 startups to participate in the inaugural Qualcomm Make in Africa startup mentorship program,...
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701Nigerian fintech Startup Grey launches in Kenya
Nigerian Fintech startup Grey has picked Kenya as its East African Hub as it expands operations in the largest economy in the...
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771Acasia Ventures leads Balad’s seven-figure pre-Seed round
Egyptian venture capital firm Acasia Ventures led the USD seven-figure pre-seed investment round in Cairo-based, remittance-focused fintech startup Balad. The round was...
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793Proparco invests $5 million in Egypt’s fintech sector
Proparco announced an investment in an early-stage venture capital fund managed by DisrupTech Ventures, to support development in Egypt’s fintech sector and...
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1.2KAFEX Emerges Top of Financial Times’ Ranking of Africa’s Fastest-Growing Companies
AFEX, Africa’s leading commodities market player, is proud to announce it has secured the top spot in the Financial Times (FT) ranking...
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916Ecobank Kenya launches new digital banking platform targeting Africa’s youth
H.E. the President, Hon. Dr. William Samoei Ruto, officially launched the Fingo Africa App (photo credit Fingo Africa) Ecobank Kenya has announced...
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699African Tech Leaders and Investors to Convene at Africa Tech Summit London
Africa Tech Summit (ATS) London, the leading tech conference that drives business and investment across the continent, will host the seventh London...
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756Nomba raises $30 million Pre-Series B Round
Nomba, a leading payment service provider for African businesses, has raised a $30 million Pre-Series B funding round to support the delivery...
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612AfDB and Africa Fintech Network sign $525,000 grant to strengthen development of fintech in Africa
The African Development Bank has signed a $525,000 grant agreement with Africa Fintech Network (AFN) for the setup of the Africa Fintech...
