Flutterwave, a leading African technology payments startup, has received Electronic Money Issuer and Remittance Licenses from the National Bank of Rwanda (NBR) to expand its operations in East Africa. This
Cornelius Johannes Steynberg, a native of South Africa, was accused by the Commodity Futures Trading Commission (CFTC) in 2022 in connection with a $1.7 billion bitcoin fraud scam. The
Africa has become one of the leading startup hubs in the last decade, with its young and tech-savvy population driving innovation and entrepreneurship across the continent. The continent has seen
PowerSchool, a leading provider of cloud-based software for K–12 education in North America, has named OneConnect as its first channel partner in Africa. OneConnect, an innovative provider of turnkey
Sav, a FinTech startup has secured an amount of $750,000 in a pre-seed funding round.
The funding round was led by prominent angel investors and FinTech leaders in the
UAE-based online coffee marketplace, Cofe has acquired $15 million in a Series B funding round led by Wa’ed Ventures.
Other investors that participated in the round include eWTP Arabia
Labayh, Saudi Arabian health tech who specializes in mental health has purchased the Dhabi-based meditation app Nafas for an undisclosed amount.
According to a statement from Labayh, the acquisition deal
Seed investor and accelerator Flat6Labs has rolled out a new $95 million Africa Seed Fund (ASF) to grow and develop early-stage tech startups in Africa.
with the support of the
Y Combinator, the Silicon Valley-based startup accelerator and venture capital firm, has announced a strategic shift in its investment focus from late-stage funding to early-stage investing. The company’s CEO,
Fleeti, a Franco-Senegalese startup and fleet management solutions for Africa, has expanded into the Moroccan market.
The firm, which provides innovative solutions to collect, centralize, and analyze data from field
SwiftVEE, pioneers in the South African livestock trade industry, has launched PrysWys, an app intended to lower farmers’ input costs. PrysWys is a retail business that connects farmers with input
According to a BusinessDay story, Naspers, the most valuable corporation in Africa in terms of market value, has closed its venture capital fund, Naspers Foundry, in an effort to streamline
