Kenya and US-based environment tech startup, Virridy which is committed to improving the management of environmental resources through technology, has raised $5.5 million in a Series A funding round
Africa-owned fintech firms, Chipper Cash which facilitates cross-border payments across Africa, and Esusu, a digital payment solution designed to simplify and automate the process of thrift savings, collection, microcredit, and
Pan-African digital payments company MFS Africa has announced plans to acquire U.S.-based Global Technology Partners (GTP) in a cash-and-shares deal worth $34 million. This deal, which is a
Kenyan-based digital pharmacy network, Maisha Meds, has reached 1,000 active facilities, making it one of the largest digital pharmacy networks in Sub-Saharan Africa.
Founded in 2017 with operations across
Egypt born but Dubai based mobility startup SWVL has announced plans to reduce its workforce by 32 percent. The company said the process is part of a portfolio optimization program
Pan-African money transfer startup, Eversend has disclosed plans to raise additional capital in the coming weeks after growing transaction volumes 46-fold last year to $232 million.
The jump in transaction
B2B eCommerce and embedded finance platform in Africa, TradeDepot, has appointed former Coca Cola HBC Nigeria Executive, Chidi Akubuiro as its Managing Director for Anglophone West Africa. Effective from May
Eden Life, Africa’s first home concierge services scheduling platform has acquired Lynk, a Kenyan gig marketplace in a move that will see Eden Life expand into Kenya.
The strategic
Nigerian fintech startup, Lemonade Finance, has announced it is expanding its services to seven new markets, namely Senegal, Ivory Coast, Benin, Cameroon, Tanzania, Rwanda, and Uganda.
Founded in 2020 by
Sudan-based innovation hub 249Startups Hub has announced the launch of an equity fund “Rhino Investments” to help fund 14 seed-stage startups and SMEs in the country. The hub would allocate
Leading African fintech company, Paga, has announced its official launch in Ethiopia following the receipt of regulatory approval by the National Bank of Ethiopia.
In a statement, Paga explained that
Cadana, a salary on-demand startup has expanded operations into Nigeria following a strategic partnership with Flutterwave, Africa’s leading payments technology company.
Cadana helps businesses delight their employees by providing
