Cairo based venture capitalist firm Sawari Ventures announced that it closed a $28m funding from Misr Insurance Group, Kuwait Investment Authority’s Ekuity, National Bank of Egypt, Banque Misr, Banque
The Meltwater Entrepreneurial School of Technology (MEST)- a pan-African training programme, seed fund and incubator for technology entrepreneurs in Africa, providing critical skills training in software development, business and
The African Enterprise Challenge Fund(AECF) recently launched a USD1.2 million worth of innovation fund.
The AECF is a development institution that helps businesses and startups alike to be
Though Nigeria boasts as the largest economy in Africa with a GDP of about USD$441billion, the country has not been without its own challenges. Over the last five years,
The need for business-building capability both at the entrepreneur and investor level increases the need for more venture capitalist and accelerator firms in Africa. Because most startups lack appropriate strategies
Weeks after launching its East African office in Kenya, South African-based security tech start-up and medical platform, AURA, announced it would be expanding its product offering globally, starting with the
Two week after TPG’s Rise Fund invested $200m in Airtel Africa, the company has announced that it will receive an extra $100m from global payments provider MasterCard. In a
Digital mobile payment platform Apple Pay is now available in 3 South African Banks namely Nedbank, Absa, and Discovery Bank. The platform which was quietly launched in the country makes
In Tanzania, mobile money services can be relatively difficult to use due to unstable internet and high service fees. Africa still remains the most expensive continent to send money to,
Uganda-based technology-enabled asset finance company Tugende announced today that it has secured $3.6 million in a Series A extension round. According to the company, this new funding follows the
Frontline pan-African fintech company, Accelerex Ghana, has hit a new milestone, by securing an enhanced Payment Service Provider (PSP) license from the Bank of Ghana (BoG), under the Payment Systems
The Extreme Tech Challenge XTC is the world’s largest social innovation startup competition which has been enabling innovators unleash their full potential. It offers startups and innovators global visibility
