News
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687NOSIBLE Raises $1 Million Pre-Seed, Welcomes Industry Veteran Axel Hörger
NOSIBLE, an upcoming AI startup, announced it has secured $1 million in pre-seed funding led by Atlantica Ventures, alongside additional strategic investments from...
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614Digital Payments Economy in Africa Expected to Reach $1.5 trillion by 2030
Africa’s digital payments economy is set to grow from strength to strength according to a Mastercard-commissioned report by Genesis Analytics stating that...
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619Payhippo Rebrands to Rivy, Raises US$4M in Pre-Series A Funding
Rivy, an AI-powered lender for Africa’s renewable energy sector, announced its rebrand from Payhippo and the successful closing of a US$4 million in...
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420enza Secures $6.75 Million Seed to Further Expand in Africa
enza, a leading innovator in African payment solutions, announced today that it has secured a $6.75 million investment in a seed equity...
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550Deimos Advances DevSecOps with AI-Powered Automation on Google Cloud
In a transformative move to advance Development Security Operations (DevSecOps), Deimos, a leading hybrid and multi-cloud technology company, partnered with Salus Cloud,...
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759Mastercard Strengthens Collaboration with Paymentology to Drive Financial Inclusion in South Africa
Mastercard is deepening its collaboration with Paymentology, a next-generation global issuer processor, to facilitate card issuance for fintech companies in South Africa....
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652LoftyInc Capital Announces $43M First Close of its New Pan-African Seed Fund
LoftyInc Capital Management announced the first close of $43m for its new LoftyInc Alpha Fund, a late-seed focused investment vehicle that will...
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637M-KOPA and Turaco Insurance Provide Free Insurance Coverage to More Than 1 Million Kenyans
M-KOPA Kenya, local subsidiary of the leading emerging markets fintech M-KOPA Ltd, and Turaco Insurance Agency (T/A Turaco), the leading insurtech in...
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621WideBot AI Secures $3M in Pre-Series A Funding to Enhance AI Models Development in Saudi Arabia
WideBot AI, a company specializing in the development of AI products, solutions, and models, has secured $3 million in a Pre-Series A...
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850Dashen Bank Partners with Accion and Mastercard to Connect Small Businesses to the Digital Economy
Dashen Bank, one of Ethiopia’s leading private banks, has partnered with global nonprofit Accion and the Mastercard Center for Inclusive Growth to...
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538Driving the Growth of Kenya’s Payment Acceptance Market
Shehryar Ali, Senior Vice President and Country Manager for East Africa and Indian Ocean Islands at Mastercard, at the recently concluded Africa...
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931Taager Raises $6.75m Pre-Series B Round to Fuel Growth in MENA
Taager, the leading social e-commerce platform for the MENA region, today announced the completion of its $6.75m Pre-Series B funding round, led...
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551Raenest Secures $11M Series A Investment In QED-Led Funding Round
Raenest, the global multi-currency accounts platform for individuals and businesses across Africa, today announced the completion of its $11M Series A funding. The round...
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1.3K🌿Africa Climate Tech Report: Innovating for a Greener Future
As the world grapples with the impacts of climate change, Africa is emerging as a powerhouse of innovative climate tech solutions driving...
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1.2KCreditChek Partners with CredPal to Expand Credit Access Across Africa
CreditChek, a leading credit assessment infrastructure provider in Africa, has partnered with CredPal to deliver creditworthiness and identity verification services for CredPal’s...
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84555 Finalists Announced for the Inaugural Africa Tech Summit Awards 2025
The Africa Tech Summit Awards has announced the 2025 finalists, celebrating individuals and companies impacting the technology sector across the continent. The winners will...
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841Fincart Closes Pre-Seed Funding Round Led by Plus VC
Fincart.io, a platform that helps e-commerce SMBs improve shipping and unlock working capital, has announced that the company has successfully closed its...
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758Norfund Invests Additional $40M in CrossBoundary Energy
Norfund, the Norwegian investment fund for developing countries, invested an additional US$40M in CrossBoundary Energy to further scale its African portfolio of...
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886i3 Calls for Applicants to 3rd Cohort for Program Enabling African Healthtech Innovators
Investing in Innovation Africa (i3), a pan-African initiative to support African healthtech startups to commercialise and scale their offerings, is calling for leading...
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741Stitch Acquires ExiPay, Expands Offering with In-Person Payments
Stitch recently acquired In-person payments provider ExiPay, expanding its enterprise payments offering to encompass both online and In-person payments through a single, unified platform. Despite...
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731KCB and Mastercard Unveil Kenya’s First Platinum Multi-Currency Card
KCB Bank Kenya, in collaboration with Mastercard, launched Kenya’s only multi-currency prepaid card that supports 11 hard currencies. This innovative solution is...
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628Ogram Raises $3 Million Investment from Tenami Capital
Ogram, a leader in flexible staffing solutions, has announced the successful closure of a $3 million Non-Dilutive Investment from Tenami Capital. As...
