News
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1.5KAfrichange Secures IMTO Licence to Streamline Remittance to Nigeria
Africhange, a leading cross-border remittance service provider, announced today that its Nigerian subsidiary, Currenzo, has secured the International Money Transfer Operator [IMTO] licence...
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1.3K86% of African Tech Founders Report Impact on Wellbeing – Yet 81% Enjoy the Journey
Flourish Ventures, an early-stage venture capital firm with purpose, today published the first-ever, wide-scale survey of founder wellbeing in Africa, shining light...
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2.0KCoins by Bamboo Launches to Empower Nigerians in Diaspora with Affordable Remittances
Bamboo, the investment platform enabling Africans to invest globally through real-time access to global markets, has announced the launch of its remittance app,...
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1.4KKenya’s Keep It Cool Wins 2024 Earthshot Prize for Groundbreaking Sustainability Solution
Keep It Cool, a Kenyan enterprise dedicated to sustainable innovation, has been named one of the five winners of the esteemed 2024...
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2.1KCall for entries to the inaugural Africa Tech Summit Awards
Recognising Excellence and Innovation Across the Continent’s Tech Ecosystem Africa Tech Summit is proud to announce the launch of the inaugural Africa...
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3.0KTalk360 secures $1.4 million pre-Series A
Talk360, the international calling app that connects with reliable and affordable calls to any landline or mobile phone, has successfully raised $1.4...
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3.0KPaymob raises $22 million in Series B extension
Paymob, MENA’s leading financial services enabler, announces a $22 million Series B extension round – taking the Company’s total Series B funding...
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3.1KProparco Invests in Rubyx to Support African Microfinance Institutions and Startups
Proparco has granted a €400k loan to Rubyx through the Bridge by Digital Africa facility. This will enable the African start-up to...
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2.8KKenya-based SUKHIBA Secures $1.5M Seed Extension to Scale WhatsApp-Based E-Commerce
SUKHIBA, an innovative conversational commerce and CRM platform, announced today it has completed a $1.55 million seed extension round led by EQ2...
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4.7KWasoko & MaxAB Complete Landmark Merger
African B2B e-commerce pioneers Wasoko and MaxAB have completed the continent’s largest-ever tech merger following the signing of preliminary terms in Q4 2023. Conducted as an...
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2.4KWorkpay raises $5M Series A investment to expand HR and payroll platform across Africa
Workpay, the cloud-based HR, payroll and benefits platform for organisations with employees across Africa, today announces that it has raised $5m in...
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2.8KFCMB and FMO Seek Agricultural Solutions in Nigeria with Agritech Hackathon
First City Monument Bank (FCMB) and the Dutch Entrepreneurial Development Bank (FMO) are joining forces to ignite innovation in Nigeria’s agricultural sector...
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2.1KNew Duplo report predicts changing global trade patterns will enhance cross-border B2B payments in Africa
A new report from Duplo, the leading provider of payment, spend, and vendor management solutions for African businesses, is predicting that changing global...
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1.9KSendsprint Acquires Nobel Financial to Drive US Expansion and Remittance Services to Africa
Sendsprint, an international payment and remittance startup, has acquired Nobel Financial Inc., a US-based global remittance service provider, to drive the expansion of...
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1.7KStables Teams Up with Yellow Card to Bring Stablecoins to Africa
Stables, the pioneering Australian stablecoin payment startup, is set to make waves in the African market through a strategic collaboration with Yellow...
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1.6KOver 20 African fintech startups join Visa’s second accelerator program cohort
Visa has announced the startups shortlisted from across Africa to participate in the second cohort of its Africa Fintech Accelerator program. The...
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1.4KInterswitch, World Bank Collaborate on 2024 Global Payment Innovation Report
Interswitch Group has formally unveiled the 2024 Global Payments Innovation Jury Report, in partnership with The World Bank, and other notable international payment players,...
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1.9KEMpact Launches its Venture Studio in Côte d’Ivoire
Today witnessed the launch of EMpact – a venture studio focused on creating startups that serve agricultural value chains – in Côte d’Ivoire,...
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2.3KMadica Announces First Set of African Tech Portfolio Companies
Madica, a structured investment program designed for pre-seed stage startups in Africa, announced its first set of investments in three startups today. In...
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1.1KAWS Unveils Deadline Cloud, a New Service to Transform Content Rendering Pipelines
Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced the availability of AWS Deadline Cloud, a fully managed...
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1.2KEMURGO Africa Unveils EMURGO Labs For Emerging Web3 Technologies
EMURGO Africa, the investment and commercial arm of Cardano in Africa, today announced the launch of EMURGO Labs, a dedicated development entity...
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1.3KThe Catalyst Fund Invests $1.8 Million in 9 Groundbreaking African Climate Tech Startups
The Catalyst Fund today announced an investment of $1.8 million in 9 early-stage climate tech startups across Africa. This brings their total...
