Unicorn fintech startup, Flutterwave was yesterday listed as a “Pioneer” in the latest TIME’s 100 Most Influential companies making an extraordinary impact around the world. This feat is a significant one for the company as it is one of the two  African companies to be listed in this year’

Ajua, a Kenya-based consumer experience platform for businesses in Africa has today announced its acquisition of WayaWaya, a Kenya-based AI and ML messaging company. Wayawaya is well known for its innovative Janja platform that enables borderless banking and payments across apps and social media platforms, for an undisclosed sum. This

Kashat, an Egyptian microloans fintech startup, has announced that it has secured an undisclosed amount of funding from Cairo Angels, a global network of angel investors focused on supporting startup opportunities in Egypt, the Middle East, and Africa. Kashat plans to use this new investment to fuel its growth in

Kenya-based ed-tech startup for K-12 students, Kidato has secured $1.4 million in seed funding. Investors who participated in the round include Learn Start Capital, Launch Africa Ventures Fund, Graph Ventures, and Century Oak Capital, among other notable local and global angel investors. The YC backed startup intends to use

South African-based health-tech startup, Link Health Technology (Link) has raised R5-million in investment funding from an undisclosed investor. Link was founded in 2017 by two biomedical engineers Daniel Rimbault and Abrie Coertze. The health-tech startup utilizes unique software that provides a 360 view of a patient’s health status and

Africa’s population is set to double over the next 30 years, making access to reliable and affordable food sources essential to this growth. Despite this fact, agri-tech startups in the continent do not get much attention. Fintech and mobility seem to be the most attractive for investors, VCs and

Nedbank, a fintech banking platform in South Africa has launched a new feature for customers called Money Message on WhatsApp. This in-chat payment feature will allow users to make payments and get paid through WhatsApp. This new feature which was launched in collaboration with Mastercard and South African fintech startup

South Africa-based investment company, Founders Factory Africa (FFA) has announced a new partnership with Dublin-based philanthropic organization, Small Foundation. This partnership will see Founders Factory Africa select 18 agri-tech startups for an acceleration program. With this partnership, Small foundation is making an undisclosed investment in FFA to help build and

OKO, a Malian-based insuretech startup that aims to provide smallholder farmers with financial security, has raised $1.2m in its seed funding round to push its expansion to other African countries. The seed round was led by US-based VC firms Newfund and ResiliAnce. The round also saw participation from Mercy

A week after Twitter announced it would be setting up its first African office in Ghana. US retail giant, Amazon has also announced it would be opening its first African headquarters in South Africa with a real estate investment of over $280million. Authorities in Cape Town noted that Amazon would

Payflex, a South African fintech startup has announced that it has raised an undisclosed amount of funding from Australian-listed multinational fintech firm, Zip Co Limited (ASX: Z1P). Commenting on the funding, Paul Behrmann, CEO, and founder of Payflex remarked that the investment and support by Zip Co is a vote

The cairo-based health-tech startup, Yodawy has announced its partnership with MedNet Egypt to offer its insured members easy and digital access to their prescribed medications. With this announcement, MedNet members will now be able to order their insured and prescribed medications for delivery from Yowdy’s easy-to-use online platform. This

Multichoice with over 20million subscribers across Africa is the undisputed giant when it comes to PayTV subscriptions in the continent. The South African company currently dominates in over 13 African Countries with about 20million users subscribed to its DStv, GOtv, and ShowMax platforms. However, the business is not without a

The African tech scene, largely dominated by western investors has over the years seen immense growth. This growth has opened the continent up to diverse sources of funding from VCs and investors from other parts of the world; the latest among these investors is Samurai Incubate, a Tokyo-based Africa-focused VC

Accra-based fintech startup BezoMoney has secured $200k in a seed funding round led by London-based venture capital firm, Goodsoil VC. The startup plans to use this funding to build and deploy additional products and acquire the Payment and Financial Technology Service Providers (PFTSP) license in Ghana. The new products they

In a never-before-seen move in Africa, a Ghanaian fintech company, Zeepay, has acquired majority stakes in Zambian mobile money startup, Mangwee. This deal which was sealed in a private placement has seen Mangwee agree to sell 51 percent of its shares to Zeepay. This deal makes Zeepay, which operates in

The Johannesburg-based health-tech startup, Quro Medical, has just raised $1.1 million in seed funding. The round was led by Kenyan and South African venture capitalist firms Enza Capital and Mohau Equity Partners. The startup intends to use this funding to help scale its operation across South Africa, to meet

Morocco-based Ed-tech startup, Kezakoo has secured $221K seed funding from Morocco-based investment firm, Witamax One. The round also saw participation from Morocco-based investment firms Southbridge A&I and AXXAM Family Office. With this investment, Kezakoo plans to complete and enrich the range of products it currently offers for the

The global e-commerce platform, Amazon has announced that it will be waiving all fees for new businesses wishing to benefit from its services in Egypt. This is in furtherance of Amazon Web Services’ mission to provide businesses with a simple, affordable and trusted online payment experience, the e-commerce giant will

Cairo-based dry-cleaning and laundry platform, Laverie has announced undisclosed six-figure funding round from A15. With this latest funding, Laverie plans to expand its operations to provide premium laundry service to a wider range of underserved residents in the Greater Cairo area and launch its services in the Gulf Cooperation Council

Ugandan fintech startup, Numida has announced the close of its $2 million seed round led by MFS Africa. The round also saw participation from DRK Foundation, Equilibria Capital and Segal Family Foundation and other angel investors. The startup plans to use this new funding to aggressively expand its services in

A week after winning the GSMA grant, Nigerian ed-tech startup, Scholar X has announced its partnership with Nigerian telecom operator, Airtel to launch LearnAM, a mobile learning platform that offers skills training content to improve learning outcomes for young Africans. Founded by Bola Lawal, Damilola Emuze, and Maxwell Ogunfuyi in

Social networking platform, Twitter has today announced it will be setting up its presence in Africa. In a blog post released by Twitter, the company said that to truly serve the public conversations taking place in Africa, they are now actively building a team in Ghana. Stressing that “we must

MTN South Africa considers IPO, plans a $5 billion market valuation for its mobile money business Africa’s largest telecom company by subscribers, MTN is considering valuing the mobile money section of its business at more than $5bn. This move is based on the company’s attempts to attract international

Lagos-based fintech software startup, Appzone has announced the raise of $10 million in Series A investment largely dominated by local investors. The round was led by Lagos-based investment firm CardinalStone Capital Advisers and other investors based in the country such as V8 Capital, Constant Capital, and Itanna Capital Ventures. The