Cassava Technologies said Tuesday it can now resell access to Anthropic's Claude artificial intelligence models through Amazon Bedrock, the AI service run by Amazon Web Services.
Madica, an Africa-focused pre-seed investment program backed by Flourish Ventures, has set aside $6 million to invest in early-stage technology startups and extend its operations by three years to support 25-30 companies.
African fintech Kuunda has completed a $5 million secondary share sale led by E4E Africa, giving existing shareholders a liquidity opportunity as the company prepares to expand into seven additional markets.
Commercial International Bank (CIB) has committed up to EGP 2 billion ($42.5 million) to MNT-Halan as part of the fintech’s planned international share sale.
WIOCC Group has raised $300 million from Saudi Arabia’s Vision International Investment Company and Africa Finance Corporation (AFC) to expand its digital infrastructure business across Africa.
African startups developing solutions to social and economic challenges can now apply for up to $1.5 million in funding from the Development Innovation Ventures (DIV) fund.
OPay is considering a listing on the Nigerian Exchange (NGX), which could give Nigerian investors direct access to one of the country’s biggest fintech companies.
Nigerian fintech Moniepoint is phasing out MonieWorld, its UK remittance product, about 14 months after launching the service as it refocuses resources on its core African markets.
South African AI startup Verascient has raised $1.2 million in an oversubscribed seed round. The round was backed by Founder Collective, Andrena Ventures, Cambridge Enterprise and Summit Ventures.
Commercial International Bank (CIB) has received preliminary approval from the Central Bank of Egypt to establish Yomo, a new digital native bank that will operate in Egypt.
