MOOVE CLOSES $20 MILLION FINANCING FROM ABSA
Africa Funding Investment Mobility

Moove Closes $20 Million Financing From Absa

Moove, the world’s first mobility fintech, has secured R300 million (US$20 million) in financing from Absa Corporate and Investment Banking

Persistent Energy
Clean Energy CleanTech Funding Venture Capital

Persistent Energy Raises $10m Funding Led by Kyuden International and FSD Africa to Grow Climate Venture Building in Africa

Persistent Energy has raised $10 million in equity in its Series C round led by Kyuden International Corporation and FSD

Orchestrate
Acquisition Fintech Payment

Getwallets Becomes Orchestrate After Acquisition by Bloc

Getwallets, the wallet-as-a-service provider that has now recently pivoted to become a payments orchestration company, Orchestrate after it was acquired

Scam
Fraud

Protect Less Tech-savvy Elderly From Online Fraudsters

Estimates suggest that the elderly worldwide lose more than USD$3 billion (around R48 billion) each year to online fraudsters. In a world

Swvl
Acquisition

Swvl Expands into Mexico with Acquisition of Mass Transit Tech Platform Urbvan

Swvl, a global provider of transformative tech-enabled mass transit solutions, has announced a definitive agreement to acquire Mexico-based Urbvan Mobility Ltd,

Fintech Funding Payment Venture Capital

Zazuu Raises $2m to Build Cross-border Remittance Solution for Africans in Diaspora

Zazuu, an African remittance payment platform, has announced that it has recently completed a $2 million raise.  Founded in 2018

Twitter
Acquisition Business Social Media

Elon Musk Withdraws From $44B Deal to Purchase Twitter

Elon Musk, the founder of Tesla and SpaceX, has disclosed that he’s pulling out of a $44 billion deal to buy Twitter.

Solar Panda
Clean Energy CleanTech Funding Investment

Solar Panda Closes $8m in Series A Funding

Solar Panda Corporation, a Kenyan and Canadian firm that designs, manufactures, and sells pay-as-you-go (PAYGo) solar home systems, has raised

Flutterwave
Fintech Payment

Kenya High Court Freezes Millions Belonging to Flutterwave

A Kenyan High Court has frozen more than $59 million belonging to Flutterwave, the African payment firm. The money according

Hyperclear
Acquisition

Mauritius-based Tech Investment Company Hyperclear Acquires Data and Analytics Firm Principa

Hyperclear, a technology investment company, has announced its acquisition of Principa – a South African data and analytics software business