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Momo
Payment

Barely a Month After Commencing Operations, MTN Nigeria’s Momo PSB Loses $53.7m to Fraud

Momo Payment Service Bank, a subsidiary of MTN Nigeria has alleged a fraudulent loss of N22 billion in one month

PocketApp
Ecommerce Fintech Payment

Abeg Rebrands to PocketApp, Secures Approval in Principle to Operate as a Mobile Money Firm

Abeg, a Nigerian social commerce platform, has rebranded to Pocket by Piggyvest-PocketApp and has received Approval in Principle from The

LaVida Studios
Film

Nigerian Film Production Company, LaVida Studios Raises $50m Financing

LaVida Studios, a Nigerian production company, has raised a $50m financing deal and entered a partnership with US-based studio The

Thepeers
Payment

Nigeria’s Thepeer Secures $2.1m Seed Funding to Facilitate African Expansion

Thepeer, an African tech infrastructure startup connecting businesses’ wallets, has secured a $2.1 million seed round led by The Raba Partnership.

Healthtracka
Health

Healthtracka Secures $1.5m to Provide Nigeria with At-Home Lab Testing

Healthtracka, a Nigerian startup that offers convenient at-home lab tests, has raised $1.5 million in pre-seed funding.   This round

EGYPT’S ON-DEMAND DIGITAL WAREHOUSING PLATFORM KHAZENLY SECURES $2.5 MILLION SEED FUND
Digital Funding Logistics

Egypt’s On-Demand Digital Warehousing Platform Khazenly Secures $2.5 Million Seed Fund

Khazenly, the Cairo-based on-demand digital warehousing and fulfilment platform, announces its successful seed fundraise of $2.5 million.  The funding round

Jumba
Funding Investment Startup Venture Capital

Kenya B2B Construction Tech Platform, Jumba Raises $1m Pre-seed Round

Jumba, a B2B construction technology platform, has raised $1 million in a pre-seed funding round led by Enza Capital. Joining

Credpal
Fintech Funding Investment

Nigeria’s CredPal Raises Undisclosed Investment From Cairo Angels

The Cairo Angels Syndicate Fund (CASF), a micro venture capital fund that invests in early-stage startups in the Middle East

Chari
Acquisition Fintech News

Moroccan Fintech, Chari Acquires Ivorian B2B e-Commerce Startup Diago

Chari, a Moroccan B2B e-commerce and fintech startup, has announced that it has acquired a 100% stake in Diago, an

Techstars
Accelerator

Applications Open for ARM Labs Lagos Techstars Accelerator Program

ARM in partnership with Techstars for the ARM Labs Lagos Techstars Accelerator Program calls for applications for the inaugural edition of the program. The accelerator is