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Daily

A collection of 498 posts

SA Pineapple Raises $21.3M Series B Funding to Boost its Insurtech Platform

SA Pineapple Raises $21.3M Series B Funding to Boost its Insurtech Platform

Eden Life Rebrands, Launches E-Commerce Platform, Eden Marketplace

Eden Life Rebrands, Launches E-Commerce Platform, Eden Marketplace

Mukuru Partners Payfast to Roll Out a New Payment Service in South Africa

Mukuru Partners Payfast to Roll Out a New Payment Service in South Africa

Flutterwave Cleared in Kenya as Anti-Money Laundering Agency Drops its Final Lawsuit

Flutterwave Cleared in Kenya as Anti-Money Laundering Agency Drops its Final Lawsuit

Google Expands Generative AI in Search to Kenya and Other African countries

Google Expands Generative AI in Search to Kenya and Other African countries

Zambian Good Nature Agro Raises $8.5M Series B Round to Scale Up

Zambian Good Nature Agro Raises $8.5M Series B Round to Scale Up

Jobjack Gets $2.5M to Revolutionize Entry-level Recruitment in South Africa

Jobjack Gets $2.5M to Revolutionize Entry-level Recruitment in South Africa

Bento Makes a Case for Digital Tax Collection in Africa to Address $60B Tax Loss

Bento Makes a Case for Digital Tax Collection in Africa to Address $60B Tax Loss

Two Ugandan Startups Emerge Victorious at the Global Startup Awards Africa

Two Ugandan Startups Emerge Victorious at the Global Startup Awards Africa

Kenyan E-Mobility Startup BasiGo Secures $1.5 Million USAID Grant to Expand Operations in Rwanda

Kenyan E-Mobility Startup BasiGo Secures $1.5 Million USAID Grant to Expand Operations in Rwanda

Visa Double-down on its Partnership with Chipper Cash on Card Issuance

Visa Double-down on its Partnership with Chipper Cash on Card Issuance

BluePeak Private Capital closes $156M fund to back African businesses

BluePeak Private Capital closes $156M fund to back African businesses

Maisha Meds Secures $5.25 Million in Stage 3 Funding from USAID

Maisha Meds Secures $5.25 Million in Stage 3 Funding from USAID

Norrsken22 Raises $205M from 30+ Unicorn Founders and Institutions to Back Growth-Stage Startups in Africa

Norrsken22 Raises $205M from 30+ Unicorn Founders and Institutions to Back Growth-Stage Startups in Africa

Norrsken22 raises $205 million from 30+ unicorn founders and institutions to invest in growth-stage startups in Africa.

Nigerian Fintech Startup Paystack Receives Licences to Operate in Egypt, Rwanda, and Côte d'Ivoire

Nigerian Fintech Startup Paystack Receives Licences to Operate in Egypt, Rwanda, and Côte d'Ivoire

Nigerian Paystack has has received the necessary licences to expand into and operate in Egypt and Rwanda and Côte d'Ivoire.

Interswitch Alledgely Loses $40M to Chargeback Fraud

Interswitch Alledgely Loses $40M to Chargeback Fraud

Chargeback fraud is a rising challenge that's affecting businesses of all types and sizes globally. According to a report by Juniper Research, chargeback fraud cost businesses about $20 billion in 2021. Chargebacks, which are a type of transaction reversal that occurs when a customer disputes a charge with

MFS Africa Rebrands to Onafriq

MFS Africa Rebrands to Onafriq

Pan-African fintech company, MFS Africa has rebranded to Onafriq due to trademark challenges in America. According to its founder and CEO, Dare Okoudjou, the trademark MFS belongs to another company in the US, and their ability to use it outside of Africa was becoming difficult. “The trademark MFS actually belongs

Kenyan Ride-Hailing Service Little App Introduces NFC Payment Feature

Kenyan Ride-Hailing Service Little App Introduces NFC Payment Feature

Little App has rolled out Near Field Communication (NFC) payment feature for its drivers in Kenya in partnership with Visa and Absa Bank. NFC is a wireless technology that enables communication between two electronic devices over a distance of four centimetres or less. The collaboration among the three companies aims

AFEX Gets $26.5M in Backing from BII to Address Food Insecurity in Africa

AFEX Gets $26.5M in Backing from BII to Address Food Insecurity in Africa

Nigerian AFEX has secured $26.5 million in funding from British International Investment (BII), to address food insecurity in Nigeria, Kenya and Uganda.

Yobante Express Partners with SAPRESS Logistics and Messagerie to Enter the MENA Region

Yobante Express Partners with SAPRESS Logistics and Messagerie to Enter the MENA Region

Wallet by Telegram Partners Ivorypay to Expands into Africa

Wallet by Telegram Partners Ivorypay to Expands into Africa

Wallet by Telegram has partnered with Ivorypay, an African crypto payment startup to foster Peer-to-Peer (P2P) transactions and augmenting liquidity for users of Telegram Wallet in key African markets.

Inclusivity Solutions Raises $1.5 Million to Fuel African Market Expansion

Inclusivity Solutions Raises $1.5 Million to Fuel African Market Expansion

Insurtech startup, Inclusivity Solutions, has secured a $1.5 million extension round, to support its expansion plans to operate in at least 12 African markets by the end of 2024. This round was led by Goodwell Investments. The startup delivers embedded insurance solutions into platforms and services that consumers already

Nigerian-leading Cybersecurity Firm Infoprive Rebrands as Cybervergent

Nigerian-leading Cybersecurity Firm Infoprive Rebrands as Cybervergent

Infoprive, a leading cybersecurity company in Nigeria, has rebranded as Cybervergent. The company disclosed this during the recently concluded Nigeria Fintech Week (NFW) in Lagos. The firm evolved into Cybervergent to expand its security solutions to businesses and organizations to stamp out the increasing cyber threats and cybersecurity breaches, which

Bolt Kenya Suspends 5% Booking Fee Pending NTSA Clarification

Bolt Kenya Suspends 5% Booking Fee Pending NTSA Clarification

Bolt Kenya has announced that it is suspending its 5% booking fee included in the riders’ fare, pending clarification from the National Transport and Regulatory Authority (NTSA) amidst licence renewal troubles. This even comes as Bolt has been under attack from NTSA over the illegal booking fees, with the regulator

Ghanaian VC Firm Injaro Invests $2M in Zeepay's Series A Round

Ghanaian VC Firm Injaro Invests $2M in Zeepay's Series A Round

Injaro Advisors, a Ghanaian private capital fund manager, has recently invested $2 million in the Zeepay Ghana Limited Series A round. This represents the VC's inaugural investment from its Injaro Ghana Venture Capital Fund (IGVCF). Injaro has now joined a consortium of international investors who are participating in