Nigerian HR tech startup, Propel has announced raising $2.7 million (€2.5 million) in seed funding.

CodeLn, a leading end-to-end technology platform, has unveiled CodeLn Pay, a revolutionary payroll platform designed to facilitate cross-border salary payments. This innovative solution aims to assist companies in streamlining the wage payment process, ensuring quick, secure, and hassle-free transactions for remote workers in Africa. The launch of CodeLn Pay addresses

The grand finale of Pitch2Win is scheduled to take place on July 11th, 2023 in Lagos, Nigeria, where innovative startups in the Web2 and Web3 sectors will vie for the coveted $10,000 grand prize.

Safaricom intends to broaden its investment scope by supporting not only seed-stage startups but also the growth of established scale-ups.

The development of Neo Touch was a complex and time-consuming process, requiring nearly 15 months of collaboration between Yoco's engineers and industrial experts.

Kenyan ShopZetu raises $1 million to expand its operations beyond Kenya and venture into beauty and home décor categories, catering to the growing needs of style-conscious women across Africa.

Eyowo denies shutdown rumors and insists that they are decommissioning a product and implementing workforce restructuring.

Vuleka, a local start-up in South Africa was declared the winner of the fintech competition, the Visa Everywhere Initiative (VEI).  This event is the South African edition held in Cape Town where Vuleka was awarded prize money of $50,000 (R926,751). This will advance the startup to the regional

Vertiv, a global provider of critical digital infrastructure and continuity solutions, has officially opened its African head office and Customer Experience Centre in Johannesburg, South Africa. Their establishment of these facilities reflects Vertiv's commitment to investing in the region and its "Africa for Africa" initiative. Wojtek

Absa Bank of Botswana launches the Absa Mobi Tap app to promote financial inclusion in Botswana. This initiative allows merchants and small, micro, and medium enterprises (SMMEs) to process contactless card transactions. Instead of traditional point-of-sale devices, merchants can now use their smartphones to carry out daily business transactions. The

Flutterwave, Africa’s most valuable tech startup, has announced a groundbreaking five-year technological agreement with Microsoft, the renowned technology giant. This strategic partnership aims to revolutionise the payment landscape across the African continent and beyond by leveraging Microsoft Azure, the powerful cloud computing platform. The partnership signifies a significant milestone

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, a Pan African microfinance firm plans to digitize its operation to reach more customers. The firm aims to register one

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.

Bahrain’s first Angel Investment Company, Tenmou has achieved a remarkable exit with Six times return on initial investment from Five of its portfolio startups. This record was achieved by the startup in an average of less than four years, which is much faster than the market's average

Dream VC is thrilled to announce the latest group of fellows for its highly anticipated Launch into VC (LIVC) program. This program serves as an intensive crash course for aspiring junior professionals and graduates aiming to enter the African venture capital landscape.   With an impressive track record, over 85% of

Kenya has long been a hub for remittances, with its citizens residing overseas sending substantial amounts of money back home. Giving Egypt and Nigeria a hot pursuit for the number one spot. To further strengthen this vital source of income, LemFi, an African cross-border money transfer platform, has partnered with

Unlimit, one of the leading global fintech companies has received a license from the Central Bank of Kenya to roll out its payments services in the country. This comes barely a week after the payment giant which recently rebranded from “Unlimint” to Unlimit received a similar license from the Central