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Tunisian Cynoia Raises $930K to Expand into the West African Market

  • Blessed Frank

Blessed Frank

Jan 11, 2024 • 1 min read
Tunisian Cynoia Raises $930K to Expand into the West African Market

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Wakandi Seeks $50 million to Digitize SACCOs in Kenya

Wakandi Seeks $50 million to Digitize SACCOs in Kenya

Norwegian fintech firm Wakandi has launched a capital raise of USD 50 million (Ksh6.5 billion) to accelerate the digitisation of Savings and Credit Cooperatives (SACCOS) and cooperatives across Africa, with Kenya at the centre of its strategy. Speaking in Nairobi during the signing of a partnership between Wakandi and
May 14, 2025 2 min read
East Africa’s Roam, Numida & Inkomoko On FT Africa Growth List

East Africa’s Roam, Numida & Inkomoko On FT Africa Growth List

A handful of East African companies have earned spots on the Financial Times’ 2025 ranking of Africa’s Fastest-Growing Companies. Among the standout performers is Rwanda-based Inkomoko Entrepreneur Development Ltd, which ranked 8th overall. The company, active in fintech and financial services, posted a remarkable 2,914.1% absolute growth
May 14, 2025 1 min read
Ethiopia Secures Three-Year Deal with JICA to Power Startup Growth

Ethiopia Secures Three-Year Deal with JICA to Power Startup Growth

A three-year initiative to strengthen Ethiopia’s startup landscape has officially kicked off with a partnership between the Ministry of Innovation & Technology (MiNT) and the Japan International Cooperation Agency (JICA). The agreement sets the stage for a technical cooperation project tailored to elevate the startup ecosystem. Kenuske Oshima, Chief
May 14, 2025 1 min read
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