CBN Governor, Godwin Emefiele
The Central Bank of Nigeria (CBN), in a circular released on Friday 5th of February, 2021 ordered commercial banks and licensed financial institutions in Nigeria to
Do you know that in Africa it is easier for large (rich, MNCs, or high capital) firms to access financial funds than it is for smaller and infant firms? In
Plus VC, new venture capital with $60 million in funds, has launched to focus on early-stage technology startup within the Middle East and North African region.
As stated on its
Dreevo, an Egyptian delivery startup, has raised an undisclosed six-figure pre-seed from EF Logistic.
The new fund will enable its operation to cover more grounds in Egypt.
“We are positioning
Egyptian startup, Milango has raised an undisclosed six-figure capital, which will enable communities to offer digital services to its members according to sources.
Milango provides tailored solutions, including access control,
Africa’s e-commerce platform, Jumia, has partnered with Airtel Kenya to enable users to create their online payment transactions using Airtel Money.
The service is part of Jumia’s contactless-delivery
South African tech startup, Qnum Analytics, has been selected as a member of the US-based accelerator, The Batchery.
The Batchery is a Californian global incubator for seed-stage startups.
Qnum Analytics
A new website builder, Weblic, has been rolled out for companies and individuals in the Middle East and North Africa (MENA) region.
Weblic provides ready-to-use website templates to lower the
Egypt-based online fashion rental platform La Reina has raised an undisclosed six-figure seed round from 500 Startups, Algebra Ventures, with participation from a group of angel investors.
La Reina is
Nigerian fintech platform, Glade Digital Bank App, has rolled out on the App Store.
The Glade Digital Bank App is now available on App Store for iPhone users on IOS
Careem, has seen a sharp rally in its ride service amidst the ongoing COVID-19 epidemic despite its negative impact on other businesses.
Careem, which was acquired by Uber Technologies last
South African edtech startup, Examsta has rolled out an educational web app to help high school students to prepare for examinations.
Currently, the app is in the testing phase and
