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Zambian Good Nature Agro Raises $8.5M Series B Round to Scale Up
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Zambian Good Nature Agro Raises $8.5M Series B Round to Scale Up

Nov 9, 2023 3 min read
Jobjack​ Gets $2.5M to Revolutionize Entry-level Recruitment in South Africa
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Jobjack​ Gets $2.5M to Revolutionize Entry-level Recruitment in South Africa

Nov 7, 2023 1 min read
Bento Makes a Case for Digital Tax Collection in Africa to Address $60B Tax Loss
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Bento Makes a Case for Digital Tax Collection in Africa to Address $60B Tax Loss

Nov 7, 2023 3 min read
Two Ugandan Startups Emerge Victorious at the Global Startup Awards Africa
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Two Ugandan Startups Emerge Victorious at the Global Startup Awards Africa

Nov 7, 2023 2 min read
Kenyan E-Mobility Startup BasiGo Secures $1.5 Million USAID Grant to Expand Operations in Rwanda
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Kenyan E-Mobility Startup BasiGo Secures $1.5 Million USAID Grant to Expand Operations in Rwanda

Nov 7, 2023 2 min read
Gogla Invites Applications from Solar Startups in Africa for its Elevate Investor Readiness Program
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Events

Gogla Invites Applications from Solar Startups in Africa for its Elevate Investor Readiness Program

Nov 6, 2023 2 min read
​Visa Double-down on its Partnership with Chipper Cash on Card Issuance
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​Visa Double-down on its Partnership with Chipper Cash on Card Issuance

Nov 3, 2023 1 min read
BluePeak Private Capital closes $156M fund to back African businesses
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BluePeak Private Capital closes $156M fund to back African businesses

Nov 3, 2023 1 min read
Maisha Meds Secures $5.25 Million in Stage 3 Funding from USAID
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Maisha Meds Secures $5.25 Million in Stage 3 Funding from USAID

Nov 3, 2023 2 min read
Norrsken22 Raises $205M from 30+ Unicorn Founders and Institutions to Back Growth-Stage Startups in Africa
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Norrsken22 Raises $205M from 30+ Unicorn Founders and Institutions to Back Growth-Stage Startups in Africa

Norrsken22 raises $205 million from 30+ unicorn founders and institutions to invest in growth-stage startups in Africa.
Nov 3, 2023 2 min read
​Nigerian Fintech Startup Paystack Receives Licences to Operate in Egypt, Rwanda, and Côte d'Ivoire
Daily

​Nigerian Fintech Startup Paystack Receives Licences to Operate in Egypt, Rwanda, and Côte d'Ivoire

Nigerian Paystack has has received the necessary licences to expand into and operate in Egypt and Rwanda and Côte d'Ivoire.
Nov 2, 2023 1 min read
​Interswitch Alledgely Loses $40M to Chargeback Fraud
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​Interswitch Alledgely Loses $40M to Chargeback Fraud

Chargeback fraud is a rising challenge that's affecting businesses of all types and sizes globally. According to a report by Juniper Research, chargeback fraud cost businesses about $20 billion in 2021. Chargebacks, which are a type of transaction reversal that occurs when a customer disputes a charge with
Nov 2, 2023 1 min read
MFS Africa Rebrands to Onafriq
Daily

MFS Africa Rebrands to Onafriq

Pan-African fintech company, MFS Africa has rebranded to Onafriq due to trademark challenges in America. According to its founder and CEO, Dare Okoudjou, the trademark MFS belongs to another company in the US, and their ability to use it outside of Africa was becoming difficult. “The trademark MFS actually belongs
Nov 2, 2023 1 min read
Kenyan Ride-Hailing Service Little App Introduces NFC Payment Feature
Daily

Kenyan Ride-Hailing Service Little App Introduces NFC Payment Feature

Little App has rolled out Near Field Communication (NFC) payment feature for its drivers in Kenya in partnership with Visa and Absa Bank. NFC is a wireless technology that enables communication between two electronic devices over a distance of four centimetres or less. The collaboration among the three companies aims
Nov 2, 2023 2 min read
​AFEX Gets $26.5M in Backing from BII to Address Food Insecurity in Africa
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​AFEX Gets $26.5M in Backing from BII to Address Food Insecurity in Africa

Nigerian AFEX has secured $26.5 million in funding from British International Investment (BII), to address food insecurity in Nigeria, Kenya and Uganda.
Nov 2, 2023 3 min read
​Alternative Bank Launches ‘Wastebanc’ Mobile App to Revolutionise Waste Recycling in Nigeria
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News Analysis

​Alternative Bank Launches ‘Wastebanc’ Mobile App to Revolutionise Waste Recycling in Nigeria

Nov 1, 2023 3 min read
Empowering the Next Generation of African Entrepreneurs: A Conversation with Rhea Singhla
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Exclusive Interview

Empowering the Next Generation of African Entrepreneurs: A Conversation with Rhea Singhla

Nov 1, 2023 10 min read
Yobante Express Partners with SAPRESS Logistics and Messagerie to Enter the MENA Region
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Yobante Express Partners with SAPRESS Logistics and Messagerie to Enter the MENA Region

Nov 1, 2023 2 min read
Wallet by Telegram Partners Ivorypay to Expands into Africa
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Wallet by Telegram Partners Ivorypay to Expands into Africa

Wallet by Telegram has partnered with Ivorypay, an African crypto payment startup to foster Peer-to-Peer (P2P) transactions and augmenting liquidity for users of Telegram Wallet in key African markets.
Oct 31, 2023 2 min read
Inclusivity Solutions Raises $1.5 Million to Fuel African Market Expansion
Daily

Inclusivity Solutions Raises $1.5 Million to Fuel African Market Expansion

Insurtech startup, Inclusivity Solutions, has secured a $1.5 million extension round, to support its expansion plans to operate in at least 12 African markets by the end of 2024. This round was led by Goodwell Investments. The startup delivers embedded insurance solutions into platforms and services that consumers already
Oct 31, 2023 2 min read
​Nigerian-leading Cybersecurity Firm Infoprive Rebrands as Cybervergent
Daily

​Nigerian-leading Cybersecurity Firm Infoprive Rebrands as Cybervergent

Infoprive, a leading cybersecurity company in Nigeria, has rebranded as Cybervergent. The company disclosed this during the recently concluded Nigeria Fintech Week (NFW) in Lagos. The firm evolved into Cybervergent to expand its security solutions to businesses and organizations to stamp out the increasing cyber threats and cybersecurity breaches, which
Oct 31, 2023 2 min read
​Why MarketForce Is Exiting Three Markets to Focus on Profitability

​Why MarketForce Is Exiting Three Markets to Focus on Profitability

Marketforce has decided to discontinue operations in Nigeria, Rwanda, and Tanzania, retaining Uganda and Kenya as their only markets for RejaReja.
Oct 30, 2023 2 min read
Bolt Kenya Suspends 5% Booking Fee Pending NTSA Clarification
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Bolt Kenya Suspends 5% Booking Fee Pending NTSA Clarification

Bolt Kenya has announced that it is suspending its 5% booking fee included in the riders’ fare, pending clarification from the National Transport and Regulatory Authority (NTSA) amidst licence renewal troubles. This even comes as Bolt has been under attack from NTSA over the illegal booking fees, with the regulator
Oct 30, 2023 1 min read
Indian Energy Solutions Brand Luminous Power Partners Hudaco Energy to Expand into South Africa
Press Release

Indian Energy Solutions Brand Luminous Power Partners Hudaco Energy to Expand into South Africa

Luminous Power Technologies, a leading energy solutions company and a 100% subsidiary of Schneider Electric, is making significant strides to transform the global energy landscape by entering the South African market through a strategic partnership with Hudaco Energy, the leading country distributor and a group company of Hudaco Industries Ltd.
Oct 30, 2023 3 min read
Ghanaian VC Firm Injaro Invests $2M in Zeepay's Series A Round
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Ghanaian VC Firm Injaro Invests $2M in Zeepay's Series A Round

Injaro Advisors, a Ghanaian private capital fund manager, has recently invested $2 million in the Zeepay Ghana Limited Series A round. This represents the VC's inaugural investment from its Injaro Ghana Venture Capital Fund (IGVCF). Injaro has now joined a consortium of international investors who are participating in
Oct 30, 2023 3 min read
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