CFAO Mobility Kenya and Almasi Financial Services Limited have launched a financing partnership targeting entrepreneurs and small businesses. The initiative offers up to 90% Sharia-compliant financing for commercial vehicles, repayable
Senegalese logistics startup Logidoo has expanded its cross-border trade network with the launch of a new corridor linking Belgium to Casablanca and Dakar to strengthen commercial flows between Europe, North
South African solar startup Wetility has secured $27 million in a structured funding agreement with alternative asset manager Jaltech.
Founded in 2019 by Vincent Maposa and Ikenna Oguguo, Wetility delivers
Cross-border fintech startup Pesa has completed the acquisition of UK-licensed e-money issuer Authoripay Emoney Ltd. The deal, finalized at the end of 2024, positions Pesa, formerly known as Pesapeer, to
An Ethiopian startup is aiming to formalize and simplify the fragmented digital advertising ecosystem on Telegram, the country's most widely used messaging app.
Kelemat Ads, a newly launched
Amazon Web Services (AWS) has unveiled the 2025 edition of its Generative AI Accelerator (GAIA), a global initiative aimed at supporting early-stage startups developing transformative generative AI technologies.
The eight-week
Kenyan fintech startup Oye has secured a KES 5 million investment ($38000) from BetaLab, the innovation arm of insurance giant Britam, to reshape access to insurance and fuel credit for
LemFi, a Nigerian fintech focused on cross-border payments, has acquired UK-based credit startup Pillar in a strategic move aimed at deepening financial inclusion for immigrant communities.
Pillar, founded by former
South African vehicle leasing startup MyNextCar (MNC) has secured $10 million in its first institutional funding round. The capital injection is set to fuel the rollout of 1,500 new
WhatsApp is rolling out new features aimed at turning its Updates tab into a serious revenue stream without touching its core chat experience. The Meta-owned platform now allows channel subscriptions,
Global delivery platform Glovo has signed a strategic partnership with Kenya’s Ministry of Labour and Social Protection, marking one of the largest private-sector investments in the country’s gig
Jumia is undergoing a major strategic shift as it works to rebuild investor trust, sharpen its focus, and return to profitability by 2027. Once valued at over $1 billion during
