Mama Money, a South African-based fintech that offers cross-border money transfers and banking services has partnered with TNM, the major telecommunications…
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FintechStartups
Africa’s fintech start-up, Yellow secures $5m from Oikocredit to grow solar energy access in Africa
Social impact investor Oikocredit is providing a loan of US$ 5 million to Yellow, a supplier of pay-as-you-go off-grid solar solutions…
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Startups
Nigeria’s Trade Lenda raises $520,000 pre-seed to become a Digital bank for businesses in supply chain
by James Musobaby James MusobaNigeria’s Trade Lenda, a financial service company that assists Micro, Small and Medium Enterprises with access to financing for business…
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Vantage Capital , Africa’s largest mezzanine fund manager, has closed its fourth mezzanine fund. A total of US $377 million of…
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Wise Move,a moving company is revolutionising the South African moving industry by becoming the first online platform to harness the…
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Startups
12 African startups have been selected for it’s first ever Accelerator Program in Lagos
by James Musobaby James MusobaThe ARM Labs Techstars Accelerator Program, a Lagos-based hybrid program to build early-stage African fintech and proptech startups, is delighted…
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Morocco-based fintech startup Gwala , that provides earned wage access to employees in Morocco, has secured undisclosed pre-seed funding which will…
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Winners of last year’s African Startup Awards are set to Showcase their Innovations in Copenhagen, Denmark, this March to some…
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MyCredit ,a Kenyan non-bank financial institution has secured a loan facility of US$ 2.6 million from social impact investor Oikocredit. The investment from Oikocredit…
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Egyptian fintech and e-commerce ecosystem MNT-Halan has secured up to $400 million in equity and debt financing from local and…
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With a relatively stable macroeconomic environment, sustained investor confidence, and a fast-expanding services sector, Kenya has emerged as one of…
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Startups
Mawingu raises $9m to expand operations across Kenya & increase access to affordable internet
by James Musobaby James MusobaMawingu, a Kenyan based Internet service provider has successfully closed $9 million Series B investment to support its roll out…
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Startups
Lulalend raises $35M Series B funding to launch Lula, a digital bank for South African SMEs
by James Musobaby James MusobaLulalend, a Cape Town, South Africa-based digital business lender, has raised $35 million in Series B funding round led by…
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Startups
Sendy offers payments processing services in e-commerce revenue push
by James Musobaby James MusobaFulfillment and Logistics enabler, Sendy, has introduced a Payment on Delivery product for e-commerce and social commerce vendors in Africa…
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Startups
MENA’S Tarabut Gateway appoints Oussama Bouhcine and Derek Lakin to lead engineering and customer service
Tarabut Gateway, MENA’s regulated open banking platform, has announced two new appointments to its management team. Oussama Bouhcine joins as Vice President of Customer…
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ChipIn, a South African Crowd gifting platform that enables a user to set up or participate in crowd-gifting ’solutions for…
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Startups
Google opens Applications for “Google for Startups” Accelerator Program for Women Tech Founders
by Val Lukhanyuby Val LukhanyuGoogle has invited applications for the inaugural Google for Startups Accelerator: Women Founders Africa Program. The program aims to empower…
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BlockchaincryptocurrenciesStartups
Blockchain Africa Conference returning to South Africa for its 9th annual edition
Bitcoin Events,a company that seeks to address the lack of education and information available to African individuals and organisations on the…
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StartupsWomen
Grindstone, Naspers Labs announce 10 women to benefit from its entrepreneur accelerator programme in SA
Grindstone, in partnership with Naspers Labs have announced the first 10 women entrepreneurs to benefit from its entrepreneur accelerator programme,…
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The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA)Affirmative Finance Action for Women in Africa advocates for…
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Ghana-based digital payments company DPO Pay has won the Fintech Discovery of the year award in the 2022 Ghana Fintech…
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Heifer International has announced the 2022 winners of the AYuTe Africa Challenge that supports agritech innovators: Kenya’s DigicCow, ThriveAgric of…
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Hope Ventures, the investment arm of Hope Fund and producers of Beban TV show, have invested USD 1.5m in YAS…
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Startups
Here are the 14 startups Pitching Live at Africa Tech Summit 2023
by James Musobaby James MusobaAfrica Tech Summit has announced the final shortlist of ventures who will Pitch Live on stage to investors, corporate and…
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Yebo Fresh, an e-commerce startup providing South African townships with fresh groceries and food has secured $4.5m pre-series A equity investment and…
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Startups
Flutterwave and Multichoice partner to promote small businesses in Africa through BB Titans
Flutterwave, Africa’s payments technology company has partnerd with Multichoice Africa to bring back Africa’s largest reality TV franchise with a special edition tagged:…
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Startups
Kenya’s Zuri Health raises undisclosed funding from Morocco’s UM6P Ventures for expansion
by James Musobaby James MusobaKenya’s Zuri Health, a a digital healthcare startup with operations in Kenya and Nigeria, has raised undisclosed amount of funding…
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Startups
Egypt’s GBarena acquires Tunisia’s Galactech in a $15 million share swap deal
by James Musobaby James MusobaGBarena, the leading Middle East esports platform has acquired Tunisia-based Galactech, the gaming leader in North Africa alongside a significant…
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StartupsTech
SA private equity firm,Innov8 Group Holdings partners with Irish-based fund to expand its asset base
Innov8 Group Holdings, a South African private equity firm that provides innovative technologies to the African medical industry through its…
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BusinessStartups
African Guarantee Fund partners with crowdfunding platform Frankfurt, to increase financing of sustainable SME projects in Africa
African Guarantee Fund (AGF),a market-friendly guarantee scheme that aims at easing access to finance for African small SMEs has today…