The Ouut's Highlight Of The Week

Here is a round-up of the Stories that made up the news in the African tech ecosystem this week. You can also read up on some of our insightful Features this week. Dive Right In.

East Africa

• News/Analysis

IFC INVESTS $77M IN RISK-SHARING FACILITY FOR THE BOA TO BOOST SMES FINANCING IN AFRICA – shorturl.at/iyQ16

ETHIOPIAN ETHSWITCH PARTNERS WITH MASTERCARD TO DEEPEN DIGITAL PAYMENTS TO ATTAIN A CASH-LITE ECONOMY – https://t.ly/DQC5

Climate Tech VC Firm, Equator Receives First Round of $40M to Support African Climate Tech Startups – https://t.ly/fjvr

• Features

ELECTRIC VEHICLES, WHAT THE SUB-SAHARAN AFRICAN COUNTRIES CAN LEARN FROM KENYA- shorturl.at/cimT0

North Africa

• News/Analysis

PAYMENOW SECURES RECORD FUNDING TO PUSH EARNED WAGE ACCESS ACROSS AFRICA- shorturl.at/iyzBY

ISRAEL’S ENTRIO SECURES $7.5M FUNDING TO GROW ITS DIGITAL ASSET MANAGEMENT PLATFORM- shorturl.at/gwQY5

UAE’S REMOTEPASS ROLLS OUT PHYSICAL DEBIT CARDS TO FACILITATE PAYMENT FOR REMOTE WORKERS – https://t.ly/K6Z-

ISRAELI STARTUP, REDEFINE.DEV SECURES $8.5 M SEED ROUND TO GROW ITS PLATFORM- https://t.ly/B0i6

SCALO TECHNOLOGIES SINGAPORE SET TO MOVE HEADQUARTERS TO UAE AS IT PLANS $100M INVESTMENTS IN MENA STARTUPS – https://t.ly/uxxf

LIBYA’S FOOD TECH, PRESTO EAT, SET FOR LOCAL EXPANSION – https://t.ly/H4wP

South Africa

• News/Analysis

APIS PARTNERS LEADS $31M SERIES A FUNDING FOR PEACH PAYMENTS – https://t.ly/0DLo

MUKURU LAUNCHES DRIVE-THRU SERVICE IN ZIMBABWE – https://t.ly/Hnjd

• Features

SAVING SOUTH AFRICA’S NASCENT AGRITECH SECTOR (THE GOVERNMENT)- shorturl.at/dESZ2

SERIES A FUNDING MIGHT GET TOUGHER. BRACE YOURSELVES – https://t.ly/0TvW

West Africa

• News/Analysis

FCCPC APPROVES 173 DIGITAL LENDING PLATFORMS TO CURB THE ACTIVITIES OF ILLEGAL LOAN APPS IN NIGERIA –shorturl.at/fhqCI

NIGERIAN RIDE-SHARING STARTUP, SHUTTLERS ATTAINS 3M TRIPS MILESTONE, GETS $4M TO SCALE AND EXPAND ACROSS NIGERIA- https://t.ly/C9XO

• Features

WHAT TO EXPECT AS AFRICAN TECH STARTUPS EXPERIENCED RECORD FUNDING DECLINE IN Q1 2023 –  https://t.ly/qzuS