AgricTech Funding Investment

Victory Farms, a Kenyan Aquaculture Startup Secures $5m Funding For Expansion

Victory Farms, a Kenyan aquaculture startup and farm for tilapia fish, has raised US$5 million in new funding. The investment was led

Venture Capital

AfricInvest Closes its Midcap-focused Fund Raising over $400m

AfricInvest, an African investment platform, has announced the final close of AfricInvest Fund IV with total commitments of US$411 million.

Edtech Funding Investment Venture Capital

Foondamate, a South African Edtech Startup Secures $2m Investment

Foondamate, a South African edtech startup, has secured a $2 million seed funding round led by LocalGlobe to boost and

Funding Investment Marketplace Venture Capital

Egyptian Online Used Cars Marketplace, Sylndr Closes $12.6m Pre-seed Round

Sylndr, an Egyptian online used-car marketplace, has raised $12.6 million for its pre-seed round led by RAED Ventures, with participation

Airtel
Payment Product Launch Telecom

Airtel Payment Service Bank, SmartCash Launches in Nigeria

Airtel Africa has revealed the official commencement of operations of its payment service bank tagged SmartCash in Nigeria. This revelation

Funding Health Investment Venture Capital

Egyptian Healthtech Startup Doxx Raises $1.5m Seed Round

Doxx, an Egyptian healthtech startup, has raised $1.5m in a seed round. Founded in 2020, Doxx connects users to professionals

Momo
Payment Product Launch

MTN’s MoMo Payment Service Bank (PSB) Formally Begins Operations

Following the final approval for a Payment Service Bank (PSB) licence granted by the Central Bank of Nigeria (CBN), MTN

Product Launch

Jumia Nigeria Launches e-doctor to Offer Online Healthcare Consultations

Jumia has launchaed e-doctor, a telemedicine service which aims to provide quality, affordable and digital real-time healthcare consultations in Nigeria.

Financial Inclusion Partnership Payment

Mastercard, OPay Partner to Grow Cashless Ecosystem

Mastercard and OPay have announced a partnership that will open up digital commerce to millions of people across  Middle East

Fintech Funding Investment

Bamba, a Pan-African Fintech Startup, Closes $3.2m Seed Funding to Expand its User Base Across Africa

Bamba, an African-focused fintech, has closed a $3.2 million in seed funding to scale its app and build out its