Visa, a leading digital payment company that accelerates payments between consumers, merchants, financial institutions, and government organizations in over 200 countries and territories, has inaugurated an Innovation Studio in Nairobi,
According to research, 51% of 44 million formal SMBs in sub-Saharan Africa cannot access finance. Each day, African SMBs have billions locked up in receivables due to long payment cycles.
Africa’s fintech sector is heating up. But, as much as we see more fintech startups launch, the industry still needs more. Millions of businesses and individuals need the services
In a tech savvy global system, businesses that aren’t digitally oriented are more likely to fall behind. With technology disrupting the global system, more and more businesses are joining
MFS Africa, a pan African digital payments platform, has completed its acquisition of Nigerian super-agent Capricorn Digital Limited (owners of Baxi) following approval of the transaction by the Central Bank
Barely months after its audacious entry into the Egyptian market with a record $11 million pre-seed round, Rabbitmart, the quick commerce platform announced it has received its license to operate
West Africa’s leading connectivity and data centre solutions provider, MainOne, has announced the expansion of its fiber-optic network infrastructure to the Lagos Free Zone in Lekki.
Being the first
Shorooq Partners, a MENAP-based early-stage venture capital firm, has announced the second edition of its seed-stage-focused fund, Bedaya Fund II, with a target fund size of $150 million to invest
Tech giant Microsoft has launched its much anticipated African Development Centre (ADC) in Lagos, Nigeria. The center, a $100 million investment by the multi-billion dollar firm, is expected to produce
Kenya-based B2B company, Sokowatch has raised $125 million in Series B round in full equity and rebranded to Wasoko. This funding is the largest funding round raised in Africa for
Yoco a South African payments, and software company has announced its acquisition of one of the leading fintech and Web3 software development agencies in Africa, Nona Digital.
The payment firm
Curacel, a Nigerian-based Y Combinator-backed insurtech startup that develops insurance infrastructure for the African market, has announced a new platform that enables digital businesses to add insurance to their core
