The Green Climate Fund (GCF) has approved an innovative US$10 million project to empower women in Cote D’Ivoire to manage…
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A New Report By Ananse.com has revealed that with more targeted investments, Africa could transform into a global exporter for the…
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Apple Pay, a mobile payment service by Apple Inc.has officially launched in Morocco with a mission to provide convenient payment options for…
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Funding
Financial Inclusion Fund to receive €4.8 million to back financial providers that focus on vulnerable groups
The Grand Duchy of Luxembourg has pledged an additional €4.8 million to EIB Global’s Financial Inclusion Fund, bringing the fund’s total…
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BankingBusinessStartupsTech
Mastercard, dfcu Bank and Rabo Partnerships partner to digitize agricultural ecosystem in Uganda
Mastercard,dfcu Bank and Rabo Partnerships have announced a strategic partnership aimed at digitalizing the agricultural ecosystem in Uganda. This…
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United States International University (USIU) has partnered with multi-asset broker Exness to extend its Fintech Scholarships program to its students. The program…
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TechWomen
African Girls Can Code Officially Launched in Rwanda to equip young girls with coding skills
Rwanda’s Ministry of Education and UN Women joined hands to launch the African Girls Can Code Initiative (AGCCI) in Rwanda,…
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Startups
UAE-based fashion e-commerce startup Get Outfit raises pre-Seed investment to accelerate soft launch of its mobile app
UAE-based fashion e-commerce startup Get Outfit, a member of in5 Design, has raised an undisclosed pre-Seed round, led by Forward…
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Health
M-PESA Foundation invests KES 27 million in Makueni County to improve maternal and child health services
Makueni County has received KES 27 million from M-PESA Foundation aimed to improve maternal and child health services for more…
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Startupbootcamp AfriTech, the accelerator program focused on nurturing African startups has opened applications for Cohort 4 of its highly successful…
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Ubongo , a children’s edutainment and media company is celebrating its 10-year anniversary, marking a decade of transforming education and empowering…
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Kenyan startup InfiniteUp has launched Doer, a web app that provides a two-sided marketplace for “JobGivers” and “Doers”. Known as…
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BusinessGadgets
Samsung Galaxy Z series returns as the company releases season 2 of Join the flip side campaign
Samsung Electronics has released a new global film as part of the “Join the flip side” campaign, providing teasers for…
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Uber, has introduced Uber Reserve ,a product that allows riders to book trips for upcoming trips of up to 90 days in…
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FundingStartupsVenture Capital
UK-SA Tech Hub to give second round of funding to SA Start-up Act Movement
The British High Commission’s UK-SA Tech Hub has committed to a second round of funding for the SA Start-up Act Movement (SUA). The UK-South…
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Tech
Nigerian HR startup Propel secures €2.5 million to grow tech talent communities in emerging markets
Propel, a Lagos- and Berlin-based HR-tech startup has secured €2.5 million (~$2.74 million) in seed investment intended to support the roll-out and adoption…
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US-based venture capital Practical VC has invested in Egypt’s EXITS MENA (Exits.ME), an M&A advisory firm and investment platform. Although the…
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Egypt-based fintech Menthum has raised pre-Seed funding from Acasia Ventures, along with A15 and other angel investors aimed to expand it’s team,…
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Nigeria’s Simi Nwogugu, CEO of Junior Achievement (JA) Africa ,has been named the winner of this year’s Africa Education Medal, Africa’s…
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Government
African countries generate €1.7 billion in additional revenues from tackling tax evasion and illicit financial flows
The Organisation for Economic Co-operation and Development (OECD) estimates that Africa loses as much as $60 billion each year in…
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Egypt Post has signed a partnership with Qardy an online lending marketplace in Egypt and the MENA region with an objective to give SMEs…
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Ayoba , the innovative all-in-one app revolutionizing communication, entertainment & e-commerce in Africa has partnered with Adanian Labs to launch an SME…
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StartupsVenture Capital
Ghana’s Berry Health secures $1.6m funding to bolster access to healthcare in Africa
Berry Health, a Ghanaian consumer health platform, has raised $1.6m from Lightspeed Venture Partners and General Catalyst. Other investors in the round include…
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FundingVenture Capital
African and global institutional investors sign $500m Africa50 Infrastructure Acceleration Fund
African and global institutional investors have signed on to the new $500 million Infrastructure Acceleration Fund – a move described…
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Access Bank Plc has launched the W initiative Womenprenuer Pitch-a-ton Season 5 which is aimed is to inspire, connect and empower women…
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Egypt-based fintech Masroofi, has closed a $1.5 million investment round from undisclosed investors aimed to expand it’s customer base. Founded…
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TPAY, a payments company in the Middle East, Africa, and Turkey (META), has named Işık Uman as its new Group…
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Kyosk Digital Services ,a digital-first and data-led distribution platform has announced expansion into the African fresh produce market with the launch…
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Mastercard, a global technology company in the payments industry, recently announced its partnership with SomBank, one of the innovative financial institutions…
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A new research by Vodacom Group, Vodafone and Safaricom, launched in partnership with the Nelson Mandela Foundation has established that…
