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Kenyan Ride-Hailing Service Little App Introduces NFC Payment Feature

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

AFEX Gets $26.5M in Backing from BII to Address Food Insecurity in Africa

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.

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

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

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

Exclusive Interview

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

Yobante Express Partners with SAPRESS Logistics and Messagerie to Enter the MENA Region

Yobante Express Partners with SAPRESS Logistics and Messagerie to Enter the MENA Region

Wallet by Telegram Partners Ivorypay to Expands into Africa

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.

Inclusivity Solutions Raises $1.5 Million to Fuel African Market Expansion

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

Nigerian-leading Cybersecurity Firm Infoprive Rebrands as Cybervergent

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

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.

Bolt Kenya Suspends 5% Booking Fee Pending NTSA Clarification

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

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.

Ghanaian VC Firm Injaro Invests $2M in Zeepay's Series A Round

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

Matters Arising as Fidelity Bank Rescinds on Its "No Transfer to Neobanks" Decision

Matters Arising as Fidelity Bank Rescinds on Its "No Transfer to Neobanks" Decision

Fidelity Bank's recent decision to block customer transfers to neobanks like OPay, Moniepoint, Palmpay, Kuda, and the like, a decision that it has now rescinded, sent shockwaves through Nigeria's rapidly evolving financial landscape. This move, primarily attributed to concerns over rising fraud and customer verification from

Sukhiba Connect Sets Sights on Expanding WhatsApp Conversational Commerce Across Africa

Sukhiba Connect Sets Sights on Expanding WhatsApp Conversational Commerce Across Africa

SA Transportation Data Platform WhereIsMyTransport Shuts Down Operations After Failing to Secure New Funding

SA Transportation Data Platform WhereIsMyTransport Shuts Down Operations After Failing to Secure New Funding

AAIC Investment Raises Funding for Its Africa Healthcare Fund 2 (AHF2) to Support African Startups

AAIC Investment Raises Funding for Its Africa Healthcare Fund 2 (AHF2) to Support African Startups

Eversend Introduces Money Transfers From Europe to 8 African Countries

Eversend Introduces Money Transfers From Europe to 8 African Countries

Eversend, an African fintech that allows customers to pay, spend, and send money across borders has announced that its users can now instantly send money from Europe to Africa, opening up new opportunities for affordable and convenient money transfers for Africans in the diaspora. The key features include; direct funding

Seven Female-Led Kenyan Startups Awarded Ksh. 9.8 Million in Seed Funding

Seven Female-Led Kenyan Startups Awarded Ksh. 9.8 Million in Seed Funding

Nigerian Fintech Startup Vella Finance Discontinues Crypto Operations, Pivots into SME Banking

Nigerian Fintech Startup Vella Finance Discontinues Crypto Operations, Pivots into SME Banking

Nigerian Gov't Partners IHS Nigeria to Establish 3MTT Learning and Community to Bridge Digital Divide

Nigerian Gov't Partners IHS Nigeria to Establish 3MTT Learning and Community to Bridge Digital Divide

Airbnb unveils $500,000 fund to support tourism growth in Africa.

Airbnb unveils $500,000 fund to support tourism growth in Africa.

Nigerian Fintech Startup Branch Wins Big at the Africa Bank 4.0 Summit 2023

Nigerian Fintech Startup Branch Wins Big at the Africa Bank 4.0 Summit 2023

GSA Africa Summit 2023 Kicks Off Today in Addis Ababa, Ethiopia

GSA Africa Summit 2023 Kicks Off Today in Addis Ababa, Ethiopia

Nigerian Healthtech Startup WellaHealth Launches Healthsend in Kenya

Nigerian Healthtech Startup WellaHealth Launches Healthsend in Kenya

Digital Lender Tala
Appoints Annstella Mumbi as GM

Digital Lender Tala Appoints Annstella Mumbi as GM