MoneyFellows, Egyptian Fintech Startup Secures $31m in Series B First Closing
MoneyFellows is a smartphone platform that digitalizes money circles, also known as Rotating Savings and Credit Associations (ROSCAs), which are…
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Eskimi to host virtual conversation on Metaverse advertising in November
Leading Adtech platform Eskimi will be hosting a virtual conversation themed “Metaverse: Revolutionising advertising in a fast changing digital world”…
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AfreximBank Boss, ECOWAS, Diplomats and others to Speak at GAIN Youth Summit 2022
The President and Chairman of the Board of Directors of African Export Import Bank (AfreximBank) Professor Benedict O. Oramah; High Commissioner…
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SHELT Inaugurates Cyber Security Operations Centre Extension in Nigeria
SHELT has announced the opening of its very own SOC in Nigeria, where it will serve as a local extension…
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Binance Partners With Utiva to Offer 1000 African Youth Scholarship for Tech Skill Training
The charity arm of cryptocurrency and blockchain infrastructure provider Binance, Binance Charity, has teamed with Utiva, an organization that provides…
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Egyptian Proptech, Seqoon Secures $500,000 pre-Seed Round to Assist Innovative Startups
Real estate co-ownership startup Seqoon, located in Egypt, raised $500,000 in a pre-seed round through Banque Misr’s pilot program to…
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Implications of the Startup Bill for Digital Businesses in Nigeria
Nigeria launching the Startup Bill is the latest buzz that has brought excitement to many including startup founders, employees and graduates. On…
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Egyptian Fintech Startup, Kiwe Secures Funding From valU
With a focus on the unbanked, the Egyptian fintech firm Kiwe has received funding from valU, an EFG Hermes Holding…
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6 African Startups Emerge as Finalists of the Ecobank FinTech Challenge
Six African fintech businesses have been chosen as finalists in this year’s Ecobank Fintech Challenge in order to compete for…
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Application is now for the Open Equity Funding From Digital Africa, $48k Awaits Francophone African Startups
Early-stage businesses operating in francophone African nations are eligible to apply for equity capital from Fuzé, a Digital Africa investment…
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Flourish Ventures Unveils Afro-centric Pre-seed Investment Platform
The introduction of affiliate Madica, a structured investment program for pre-seed stage technology startups in Africa, has been announced by…
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MYDAWA, Kenya’s e-Pharmacy Startup Announces Telehealth Platform to Help Prevent HIV
The first telehealth program in Kenya specifically designed for HIV prevention has been made available through the e-pharmacy platform MYDAWA….
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AfriTECH 2.0: Outstanding Individuals, Organisations to be Honoured
Outstanding individuals and organisations in Africa shall be honoured as part of the activities lined up for this year’s Africa…
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Affirmative Finance Action for Women in Africa Campaigns for Financial Inclusion for Female-led Businesses
African Finance Ministers and Central Bank Governors were introduced to a new partnership that aims to increase financial inclusion for…
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GOMYCODE, Africa’s Foremost edTech Platform Wraps up its Debut Multi-country Hackathon
The hackathon‘s “Upside Education” topic was the foundation for its simultaneous occurrence in 5 nations throughout the weekend of October…
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Kenyan Furniture Company, Moko Secures $6.5 Million
The Moko Home + Living furniture company in Kenya has just raised $6.5 million to expand. The Serie B debt…
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Apply: Second Edition of Africa HealthTech Challenge
The second Africa HealthTech Challenge has been announced by the HealthTech Hub Africa, which was established by the Novartis Foundation…
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Botswana Government Grants Yellow Card Crypto Licence to Kickstart Operation
Yellow Card, a pan-African cryptocurrency startup, has advanced the sector further by being the first on the continent to be…
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Glovo Unveils its Third Micro Fulfillment Centre in Nairobi
As the firm grows its “Quick-commerce” branch, Glovo, one of the top players in global multi-category delivery, has opened its…
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Dooka Joins Forces With Tradeshift to Launch Africa’s Biggest B2B Marketplace
A pan-African digital marketplace for business-to-business trade has been launched by Dooka in collaboration with Tradeshift, the worldwide network for…
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Solv, B2B Supply Chain Financing Platform Starts Operations With Over $8.3m Credit for Lending by Financial Institutions
In Kenya, SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, has begun operating Solv, a business-to-business…
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Becoming a Global Product Manager: A Conversation with Jennifer Agbaza on Leading Digital Innovation across Borders
Jennifer Agbaza is a product leader whose journey has taken her across borders and industries. In this interview we discuss…
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Moove, Nigerian Mobility Fintech Startup Secures $16.8m Financing Facility to Fast-track UK Operations
Following a successful debut in August, Nigeria-based mobility fintech startup Moove—largest Uber’s car supply partner in EMEA—has raised GBP15 million…
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10 Semi-finalists Emerge for $50k MEST Africa Challenge
The 2022 MEST Africa Challenge has chosen ten semifinalists, and the winner will receive US$50,000 in equity capital. MEST is…
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Instagram Rolls out Fresh Updates to Protect Users From Abuse, Inappropriate Content
Instagram, a social networking site owned by Meta Platforms, announced on Thursday that it would improve capabilities that allow users…
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Geidea Joins Forces With Visa to Facilitate Digital Payments Across Egypt
In order to deliver Geidea’s sophisticated payment solutions to the Egyptian market, the company has established a strategic agreement with…
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PwC Africa Annual Review 2022
PwC is pleased to release the first PwC Africa Annual Review 2022 report which tells the story of a remarkable year…
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How much initial investment in start-ups is creating unrealistic optimism and too little sustainability
Start-ups require capital to establish a business. Capital is the amount of initial investment plus any interest accrued early. The…
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50 African Tech Founders Unveils Pando DAO to Transform Africa’s Startup Ecosystem
The African IT sector has been growing steadily in recent years. With roughly a thousand acquisitions expected this year, venture…
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i‘SUPPLY, Egyptian B2B Pharma Platform Completes $1.5m Pre-seed Funding Round
B2B pharmaceutical platform i’SUPPLY, based in Egypt, has secured US$1.5 million in a pre-seed round to expand throughout the Middle…
