News
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1.2KAfrica 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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1.1KMNT-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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1.2KBritish 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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921SecondSTAX 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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1.3KReport 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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1.3KRevio 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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1.9KTuraco 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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879CrossBoundary 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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1.4K9 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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1.5KUber 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...
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1.7KLemFi Raises $33 Million To Transform Financial Services
LemFi, a leading fintech platform transforming financial services for immigrants, has raised a $33 million Series A round led by Left Lane...
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1.5K12 growth stage startups selected for 2023 VC4A Venture Showcase Africa
VC4A is proud to announce the 12 African startups that have been selected to participate in the 2023 VC4A Venture Showcase Africa....
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2.7KFirst international AWS Skills Center opens in Cape Town, South Africa
Amazon Web Services (AWS) opened its first international AWS Skills Center in Cape Town, South Africa, continuing on a mission to remove...
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1.4KMastercard to Buy Stake in MTN’s $5.2 Billion Fintech Unit
By Bloomberg Mastercard Inc. agreed to take a minority stake in the financial-technology business of MTN Group Ltd., Africa’s biggest wireless carrier,...
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1.5KFarm CI Emerges Winner at AFEX Code Cash Crop 4.0 Ag-hackathon
AFEX, Africa’s leading commodities market player, hosted its fourth annual ag-hackathon, Code Cash Crop 4.0, aimed at harnessing the intersection of technology,...
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1.8KFounders Factory Africa Raises $144m Funding from Mastercard Foundation, Johnson & Johnson
Founders Factory Africa has secured an additional $114 million in funding to scale its model to better serve founders across the African tech...
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3.2KFour New African Asset Funds Announced Under the Prosper Africa Catalytic Investment Facility
Prosper Africa is pleased to announce four new partnerships with African asset fund managers under the Prosper Africa Catalytic Investment Facility that will mobilize...
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1.4KMastercard and Lipa Later Group Join Forces to Drive Financial Inclusion and Expand Buy Now, Pay Later Solutions in Africa
Mastercard has today announced a strategic partnership with Lipa Later, a leading credit led and technology-driven fintech. This collaboration aims to accelerate...
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1.3KRemedial Health raises $12 million to deliver financial services for neighbourhood pharmacies
Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has secured $12 million in an...
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1.2KMastercard partners with Alerzo to digitize SMEs in the Nigerian FMCG space
Mastercard, a global leader in financial services, has joined forces with Alerzo, Nigeria’s leading technology service provider, to address the challenges faced...
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1.3KNew report from Duplo reveals that Nigeria trails South Africa and Kenya in Africa’s B2B payment revolution
A new report from Duplo, a business payment platform for African businesses of all sizes, has revealed that Nigeria trails South Africa and...
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1.4KExness expands its Fintech Scholarships program to Kenya
Multi-asset broker Exness is extending its popular Fintech Scholarships program to Kenya in partnership with the United States International University (USIU). The...
