Technology in business brings efficiency that can create a level of satisfaction for its users. With more people online these days, traditional banks are beefing up their online services. Letshego,
CrossBoundary Energy which has already delivered a portfolio of over $285 million worth of solar and renewable energy assets for its clients, has raised $50 million to expand its portfolio across Africa.
Egyptian fintech startup Agel has secured a seven-figure pre-Seed round to allow it run as a licensed non-banking financial institution, develop its product, as well as expand across Egypt. The
aYo Holdings, an African insure-tech, has introduced Family Cover, a novel insurance policy that provides hospital and life insurance, in Ghana.
The product aims to meet the growing demand for
Nigerian startups, which dominated the previous year's cohort with 23 spots, still lead the pack in this year's selection, although with a reduced number of 10.
MENA's leading online marketplace, InstaShop has bought UAE-based B2B wholesale marketplace service, GroCart. However, the value of the acquisition was not disclosed.
The deal affirms Instashop's
Liquid Intelligent Technologies, a company owned by Cassava Technologies, has successfully installed the Mauritius Telecom T3 subsea cable. The installation of the T3 subsea cable between Mauritius and South Africa
Over time, the gaming industry has expanded into a lucrative global sector with a wide-ranging and extensive audience. South Africa has witnessed consistent expansion in its gaming industry. This is
Yellow Africa raises a $14 million Series B funding round from Convergence Partners, the Energy Entrepreneurs Growth Fund and Platform Investment Partners to expand its coverage in select Sub-Saharan African markets.
BoxCommerce is now the largest B2B e-commerce startup in Kenya, with a merchant base 16 times larger than Shopify's. Its rapid growth trajectory positions it to surpass Shopify not only in Kenya but also in Africa and Southeast Asia within the next year.
Moroccan logistics startup Colis.ma has raised $50,000 from Kenya’s The Baobab Network as part of its accelerator program. The recent cohort of the accelerator program broadens the
