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Accelerate TV Launches Video Streaming Application Dubbed Accelerate Plus

Accelerate TV Launches Video Streaming Application Dubbed Accelerate Plus

Lagos-based digital television, Accelerate TV, has launched its video-on-demand streaming platform, Accelerate Plus, to provide viewers with entertainment content without being restricted to time or location, yet promised to be affordable. The streaming platform is created to be the pacesetter in evolving the African storytelling narrative. The platform is also

Sympl, Egypt’s Deferred Payment Platform, Partners with CFC to Offer its Customers BNPL Payment Solutions

Sympl, Egypt’s Deferred Payment Platform, Partners with CFC to Offer its Customers BNPL Payment Solutions

Sympl, Egypt’s foremost “Save Your Money Pay Later” platform for bank card holders, is partnering with the Cairo Festival City Mall (CFCM), Egypt’s leading shopping, dining, and entertainment destination, to offer its customers a Buy-Now-Pay-Later (BNPL) payment solution. Customers will be able to shop now and pay later

Zywa, a YC-backed Neobank for Gen Z, Gets $3M for Expansion Across MENA

Zywa, a YC-backed Neobank for Gen Z, Gets $3M for Expansion Across MENA

Zywa, a Dubai-based Y Combinator-backed neobank for Gen Z, has received a $3 million pre-seed investment to expand into the Middle East and North Africa. Goodwater Capital, Dubai Future District Fund, Rebel Fund, Trampoline Venture Partners, Zemu VC, as well as some prominent European family offices, and strategic angel investors

Egypt's Adtech Startup, ArabyAds Secures $30M in Pre-Series B to Expand into New Markets

Egypt's Adtech Startup, ArabyAds Secures $30M in Pre-Series B to Expand into New Markets

ArabyAds, an Egyptian adtech startup, secured $30 million in a pre-Series B funding round led by AfricInvest to expand into new regional and international markets. The AdTech startup will use the funds to expand its footprint into new markets in north and Sub-Saharan Africa, further accelerate its technological advancement and

Nigerian Startup Sabi Expands To South Africa To Tap Into Informal Economy

Nigerian Startup Sabi Expands To South Africa To Tap Into Informal Economy

Nigeria’s e-commerce startup, Sabi, an unbiased business-to-business (B2B) platform has reportedly opened an office for its operation in the southern region of the continent. It is reported that the office was launched in Johannesburg, South Africa, the office was open with intentions to tap into the nation’s Nine

Cameroon's Taaply Raises $500,000 As It Releases New App

Cameroon's Taaply Raises $500,000 As It Releases New App

Taaply, a Cameroon-based fintech that started off by digitalizing business cards, has been reported to have raised Five Hundred Thousand US Dollars. ($500,000) in funding. This serves as a double event as the startup has just announced the release of its latest Mobile Application, and Update on its website.

Binance adds South African Rand to allow Quick Deposit

Binance adds South African Rand to allow Quick Deposit

The world’s largest cryptocurrency exchange by number of transactions, Binance, has announced the opening of a fiat gateway for the South African Rand as part of its strategy to increase its local presence in the region (ZAR). A fiat gateway, often referred to as an on-ramp, is a method

Shoprite Closes a $205 Million Sustainability-Linked Loans

Shoprite Closes a $205 Million Sustainability-Linked Loans

To finance renewable energy and related projects, Shoprite Group has secured a sustainability-linked loans totaling $205 million. As part of its broader sustainability plan, the corporation claims the expenditures will help Shoprite develop its important environmental programs. The loans comprise a $176 million loan from Standard Bank, a $47 million

Google Wallet launched in South Africa

Financial Inclusion

Google Wallet launched in South Africa

In an effort to establish a presence in South Africa’s fast expanding digital payments market, Alphabet Inc. has launched its Google Wallet. The COVID-19 pandemic has expedited digital transactions, and individuals are now more inclined to use their smart devices to make contactless payments. Consumers can pay for things

Geidea and MOXEYPartner to Provide Inclusive e-Payment Solutions to Land Freight Merchants

Geidea and MOXEYPartner to Provide Inclusive e-Payment Solutions to Land Freight Merchants

Geidea, Saudi Arabia’s largest fintech company by market share, has today announced a partnership agreement with MOXEY, a digital financial services platform that is democratizing access to digital payment channels for businesses, empowering them with modern financial tools that streamline daily operations, and encouraging growth while boosting financial inclusion

MDXi partners AMS-IX, signs MOU to launch Neutral Internet Exchange Services in Lagos, Nigeria

MDXi partners AMS-IX, signs MOU to launch Neutral Internet Exchange Services in Lagos, Nigeria

One of the most substantial internet exchange organizations in the world, AMS-IX, has just signed a Memorandum of Understanding with MainData Nigeria Limited (MDXi) to scale the functions of internet exchange services in the continent. As part of its plans, AMS-IX is interested in initiating an internet exchange in Lagos,

valU, MENA's Leading BNPL Fintech Startup, Acquires Fintech and HR Platform, Paynas

valU, MENA's Leading BNPL Fintech Startup, Acquires Fintech and HR Platform, Paynas

valU, the leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform in the MENA region, announced today the complete acquisition of Paynas, full-service employee management and benefits startup that provides financial services to micro, small, and medium enterprises (MSME). Egypt’s Minister of International Cooperation, Rania A. Al-Mashat, witnessed the final acquisition

Netflix Scholarship Applications Now Open for West and Central Africa

Netflix Scholarship Applications Now Open for West and Central Africa

Netflix has just announced that its scholarship fund is now accepting applications from students in West and Central Africa. The scholarship fund, Netflix Creative Scholarship Fund, now encourages students in Benin, Ghana Garborn, and Nigeria. Netflix, an audio streaming platform, launched the global creative scholarship a year ago (2021) and

Apple to Release the iPhone 14 By September

Apple to Release the iPhone 14 By September

Reports state that Apple will launch the new iPhone 14 family on September 7 and start taking orders on September 16. The Cupertino-based corporation would benefit from an additional week of sales, which is likely to improve Q4 financial results. The event will take place on a Wednesday, which is

Liquid Intelligent Technologies, Zambia Opens its First Office in Mkushi, Expanding its Operations to the Central Province

Liquid Intelligent Technologies, Zambia Opens its First Office in Mkushi, Expanding its Operations to the Central Province

By opening its first office in Mkushi, the Zambian division of technology infrastructure and services company, Liquid Intelligent Technologies, is extending its reach into the Central Province of the nation. The Pan-African technology company has reaffirmed its commitment to promoting social mobility and economic development for people and businesses in

ADIB Egypt and Simplifi Partner to Widen the e-Payments Ecosystem in Egypt

ADIB Egypt and Simplifi Partner to Widen the e-Payments Ecosystem in Egypt

ADIB Egypt, one of Egypt’s most forward-thinking and digitally focused sharia-compliant banks, has signed a partnership agreement with SimpliFi, the leading Cards as a Service (CaaS) platform for banking and fintech industries in MENA and Pakistan, to help accelerate payment digitization for Egyptian businesses. The partnership underscores both companies’

Afrilearn Launches Coding School, KidsCode, With 75% Price Slash For First Cohort

Afrilearn Launches Coding School, KidsCode, With 75% Price Slash For First Cohort

Nigeria’s edtech startup, Afrilearn, has just launched a Two months kids coding cohort for children and young adults for which it tagged “Afrilearn KidsCode”. Afrilearn is a tech-enabled educational platform that provides Nigerian children with to access education that is not restricted by location. The educational contents and subjects

Mersal Partners with Chefaa to Supply its Patients’ Pharmaceutical Needs

Mersal Partners with Chefaa to Supply its Patients’ Pharmaceutical Needs

Mersal, an Egypt-based health charity that provides high-quality medical care to both Egyptian and non-Egyptian patients, has announced a strategic partnership with Chefaa, Egypt’s GPS-enabled pharmacy benefits platform that connects patients and pharmacies across the north African country, allowing chronic patients to schedule, order, and refill their recurring prescriptions

Kwik Launches All Its Services in Ibadan With 60 Minutes Delivery Time Promise

Kwik Launches All Its Services in Ibadan With 60 Minutes Delivery Time Promise

One of Nigeria’s fastest-growing delivery platforms, Kwik, has just launched its platform in the nation’s third populated city, Ibadan. This information was announced today. The Kwik will be making its tools available for social vendors, Entrepreneurs, government bodies and merchants in the city. Kwik launches while guaranteeing a

Fintech-focused Cape Town Stock Exchange raises $5M from Imvelo Ventures

Fintech-focused Cape Town Stock Exchange raises $5M from Imvelo Ventures

South African Cape Town Stock Exchange (CTSE), has secured a $5M (R85 million) financing round led by Imvelo Ventures, a new investor to the group and a venture capital investment firm founded by Capitec Bank and Empowerment Capital Investment Partners. Lebashe Investment Group, Pallidus Alternative Investments, Shaolin Investments Limited, and

South African Product Rentals Platform, Rentoza, Eyes West African Expansion

South African Product Rentals Platform, Rentoza, Eyes West African Expansion

After receiving funding from Khulisani Ventures investment arm of the Mineworkers Investment Company (MIC), South African goods rental service, Rentoza is preparing to expand across West Africa over the next 12 months. Founded in 2018, Rentoza offers South Africans product subscriptions for necessities like baby products and technology appliances. The

B2B, E-commerce Platform, Omnibiz, Raises $15 Million Dollars In Pre-Series A

B2B, E-commerce Platform, Omnibiz, Raises $15 Million Dollars In Pre-Series A

Omnibiz, a Nigerian Business to Business (B2B) e-commerce platform has in recent times secured a per-Series A round fund. The fund in total is Fifteen Million Dollars ($15 million) of which Five Million ($5 million) is raised as equity and Ten million ($10 million) is raised as an investment deal

KOBO360 Wins Best E-Logistics Company Award In Kenya

KOBO360 Wins Best E-Logistics Company Award In Kenya

Digital Tech 100 Awards 2022, has just awarded one of Kenya’s e-logistics firms, KOBO360, as the best e-logistics firm in the nation. The Digital Tech 100 Awards is a distinguished platform that honours and recognizes estimable tech companies in the East African country who are developing amazing initiatives. Originating

UNDP to Launch $1B Financing Initiative for African Startups, to Build Tech Hubs in Cairo and 7 Other Cities

UNDP to Launch $1B Financing Initiative for African Startups, to Build Tech Hubs in Cairo and 7 Other Cities

UNDP, the United Nations Development Program Africa is set to launch Timbuktoo, a $1 billion initiative to mobilize and accelerate new African startups. The development was confirmed by the UNDP’s official Twitter handle @UNDP yesterday. The organization which plans to mobilize $1 billion from public and private capital, will