Business - (Page 10)

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Business

A collection of 361 posts

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

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.

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

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’

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

Visa Establishes DRC Office With Intention to Revolutionize Digital Payment

Visa Establishes DRC Office With Intention to Revolutionize Digital Payment

Visa, an international technology-backed payment processing company has announced its plans to set up local business operations in the Democratic Republic of Congo, (DRC) as it attempts to expand the offering of its digitally enabled payment services in the country. While Al Kelly, CEO and Chairman, of Visa, visited DRC,

Agrictech, iProcure Raises $10 Million Series B Funding

Agrictech, iProcure Raises $10 Million Series B Funding

iProcure, a Kenyan-based business-to-business (B2B) tech-enabled agricultural company, has raised the sum of Ten Million Dollars ($10 Million) in Series B funding. This was extended to help part of its plans launch to Tanzania. The round was led by Investisseurs & Partenaires, I&P, followed by British International Investment

MTN receives $35 Million Binding Offer for its Afghanistan Unit

MTN receives $35 Million Binding Offer for its Afghanistan Unit

Mobile service provider, MTN Group, announced on Thursday that its first-half earnings had increased by 46.5% and that it had received a $35 million binding bid for its Afghanistan business, bringing the Middle East to a close. Group Chief Executive Officer Ralph Mupita stated to journalists on a news

Fawry Signs Strategic Partnership with EgyptAir to provide e-payment Solutions for its Academy

Fawry Signs Strategic Partnership with EgyptAir to provide e-payment Solutions for its Academy

Fawry, an Egyptian pioneering electronic payment platform, has partnered with EgyptAir, a leading provider of training support for airlines and aviation professionals in the Middle East and Africa, to include Fawry’s services on the academy’s electronic portal. As EgyptAir Training Academy began to expand its digital services, the

Lucky, Egypt's Fintech Super App, Partners with On-Demand Digital Warehousing and Fulfillment Platform, Khazenly

Lucky, Egypt's Fintech Super App, Partners with On-Demand Digital Warehousing and Fulfillment Platform, Khazenly

Lucky, a leading fintech super app for credit products, offers, and cashback rewards in Africa and the Middle East region has announced a partnership agreement with Khazenly, an on-demand digital warehousing and fulfillment management platform that offers an omnichannel solution to help merchants digitize their businesses. This agreement follows Khazenly’

Float Acquires Accounteer To Scale New Markets

Float Acquires Accounteer To Scale New Markets

Ghanian fintech, Float, has just acquired a Nigerian cloud-based accounting platform. The platform was acquired fully but the amount is still undisclosed. Float makes this acquisition eight months after it was able to secure an investment of about Seventeen Million Dollars ($17million). The fintech is a cash management startup that

SFS Launches Mobile App Platform To Ease Investment Activities

SFS Launches Mobile App Platform To Ease Investment Activities

One of Nigeria’s leading Investment firms, SFS Capital, is about to become tech-enabled as it launched its mobile application to help its customers and prospective continue or initiate their investment journey with ease. SFS Capital Nigeria Limited is one of Nigeria’s leading non-banking financial institutions. Launched in May

Jumia Nigeria launches Quick E-commerce Platform To Deliver Orders Within 20 minutes in Lagos

Jumia Nigeria launches Quick E-commerce Platform To Deliver Orders Within 20 minutes in Lagos

Jumia, one of Africa’s leading e-commerce platforms has announced the launching of its quick commerce outlet named Jumia Food Mart. This platform is established to satisfy the demands of its customers that have so far increased.Through Jumia Food Mart, customers can now receive their grocery orders in a

Paytabs Egypt Partners with Waffarha to Introduce E-Payment

Paytabs Egypt Partners with Waffarha to Introduce E-Payment

PayTabs Egypt, the MENA region’s award-winning payment processing firm, has announced a partnership with Waffarha, a digital savings platform. The partnership aims to provide the Egyptian market with exclusive deals on a wide range of products and services at competitive prices. The products can be purchased using user-friendly online

SEACOM Partners British Telecommunication for Enterprise Cybersecurity

SEACOM Partners British Telecommunication for Enterprise Cybersecurity

SEACOM and British Telecommunications (BT) today announced a strategic partnership that will enable SEACOM to deliver new networking, security, and communications solutions to enterprise customers in Africa while also strengthening the security of its own infrastructure. SEACOM will use BT’s services, vendor ties, and worldwide expertise to extend its

Uganda's Tripesa Raises Pre-SeedRound For Continental Expansion

Uganda's Tripesa Raises Pre-SeedRound For Continental Expansion

Tripesa, a Ugandan tourism-tech startup has raised a pre-seed round that will help it scale its continental expansion, through a suitable product market. Tripesa which was previously called RoundBob started as an online travel platform, but it was affected during the pandemic which forced tourism to shut down all over

Israeli Food Delivery App, Haat Expands into Morocco

Israeli Food Delivery App, Haat Expands into Morocco

Haat, an Israeli food delivery app, has expanded into Morocco as it seeks to expand into the Middle East and North African markets. The food delivery App hopes to serve thousands of towns in the coming years. The Haat is adamant about reaching out to rural areas as well as

Nigerian Beacon Power Services Secures $2.7 Million Seed Round

Nigerian Beacon Power Services Secures $2.7 Million Seed Round

Beacon Power Services (BPS) a Nigerian tech startup has secured a $2.7 million seed round. BPS is known to provide energy management software and also analytics used by utilities and mini-grid operators. It was revealed that the secured funding will help the company develop its current product, which includes

Mdundo Surpasses Projected Streaming Target For Year 2022

Mdundo Surpasses Projected Streaming Target For Year 2022

Kenya-based music streaming platform, Mdundo, has announced that it has surpassed its targeted listenership for the year 2022. This it made none when it disclosed that it now has 20.3 million active users monthly as of June 2022. Mdundo had a target of between 19 to 20 million users

Digital Realty Completes Acquisition of Teraco

Digital Realty Completes Acquisition of Teraco

According to Teraco Data Environments, the previously announced deal by Digital Realty to buy a majority stake in the business from a group of investors that included Berkshire Partners and Permira has been successfully completed. Digital Realty is the largest global provider of cloud and carrier-neutral data centre, colocation and