JumiaPay
Appointment Fintech Jumia

Adedamola Giwa Appointed to Lead JumiaPay

Adedamola Giwa has been appointed as the head of JumiaPay Nigeria, the digital payment platform Jumia. The new JumiaPay boss has over 17

SMEs

Kenyan Fintech IMFact Bags ≈$4m Funding From FSD Africa Investment to Boost Capital Supply to SMEs

IMFact, a Kenyan fintech startup, has secured a £3 million ($3.95m) investment from FSD Africa Investments (FSDAi), the investing arm

MAX
Funding Investment Mobility Venture Capital

Nigeria’s MAX Secures $31m Series B Led by Lightrock

Metro Africa Xpress (MAX), a Nigerian mobility tech startup, has raised a $31 million Series B funding to expand across

SweepSouth
Acquisition

Naspers-Backed SweepSouth Acquires Egypt’s Filkhedma

SweepSouth, a Naspers-backed online home services platform, has acquired Egyptian startup FilKhedma to expand into the North African country. The

Payment

Uber, Paymob Partner To Expand Payment Options For Drivers And Riders in Egypt

Uber has announced its partnership with Paymob, an Egyptian digital payment service provider, to expand payment options on the Uber app. This

Bitcoin
Appointment Cryptocurrency

Jack Dorsey Appoints 3 Nigerians, 1 South African to Board of Bitcoin Trust Fund

Jack Dorsey, the founder of Bitcoin has appointed three Nigerians and one South African to serve in the capacity of

Ecobank Fintech Challenge
Fintech

Nigeria’s Trove Finance Wins 2021 Ecobank Fintech Challenge

Ecobank Group has named Trove Finance, a Nigerian stock investment startup, the winner of the fourth edition of the annual

SafeBoda
Funding Ride-hailing

SafeBoda Receives Investment From Google’s Africa Investment Fund

SafeBoda, a Ugandan super app, has become the first startup to receive investment from Google’s Africa Investment Fund. The undisclosed

Ventures Platform
Venture Capital

Ventures Platform Announces First Close of its $40m Fund

Ventures Platform, an African venture capital firm, has announced the first close of its $40 million pan-African fund. Though the

Alitheia IDF
Private Equity Fund

Alitheia IDF Announces Final Close at $100m to Fund African Female-led Startups

Alitheia IDF (AIF), Africa’s first women-led and women-focused private equity fund, has announced the final close of the $100 million fund with