Egypt-based fintech Paymob has raised $50 million in Series B funding, led by Kora Capital, PayPal Ventures, and Clay Point. Other investors in the round include Helios Digital Ventures, British
Emerging markets focused early-stage venture capital firm, Rali_cap, has launched a $30 million fund. Last month, the firm, formerly known as Rally Cap Ventures, reached its first close of
When InstaDeep was launched in 2014, its vision was to deliver AI-powered decision-making systems for the Enterprise. The startup believes this will be useful in solving some of the world’
In another blow to the cryptocurrency adoption in Africa, the Bank of Uganda has warned payments intermediaries including banks and fintech companies across the East African country against facilitating cryptocurrency
Norebase, a Nigerian trade technology startup that is establishing a single platform for startups to launch, expand, and operate throughout the African continent, has received $1 million in a pre-seed
NFTs (Non-Fungible Tokens) are more than simply collectibles. It has progressed beyond that and is now a driving force behind the transformation of traditional system processes. It is now undergoing
FIFA, the governing body of football around the globe, has announced technical cooperation and sponsorship agreement with Algorand, a green blockchain technology firm based in the United States.
FIFA President
As Africans strive to build an entirely new tech ecosystem built on Blockchain, the region edges closer to a more decentralized financial system that strengthens financial freedom. About 2 decades
Hello Tractor, a Nigerian tractor-booking platform, has secured $1 million in funding from Heifer International to provide loans for tractor purchases. Farmers will repay with revenue earned by leasing the
Several Web3 proponents have gone ahead to what the web takeover. Without needing to delve into the deficiencies of all the webs, it is good to correct the assertion that
After the first four months of 2022, African startups and their tech ecosystem show no sign of slowing down. As of now, Africa’s tech space has secured over $1,
SWVL Holdings, a global supplier of disruptive tech-enabled mass transit solutions, has today announced its completion of a formal agreement to acquire Zeelo, the United Kingdom-based largest smart bus platform,