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Ukheshe
Accessories

Ukheshe Acquires EFT Corporation to Transform Financial Services Across Africa

Ukheshe International, the Banking as a Service (BaaS) and embedded finance enabler, has acquired 100% of  EFT Corporation Limited (EFTCorp) from parent Loita Transaction

MEST Africa
Startup

Top 5 Startups Selected For $50K Equity Prize in 2023 MEST Africa Challenge

The MEST Africa Challenge (MAC), an African pitch competition for early-stage technology startups, has announced the top 5 Regional Winners

Jumia
Ecommerce

Jumia Shuts Down Jumia Food

Jumia, the African ecommerce platform, will shut down Jumia Food, its digital food delivery arm, at the end of December

Pivo
Startup

Nigerian Fintech Startup, Pivo Shuts Down

Pivo, a Nigerian fintech startup, has shut down a year after raising $2 million in seed round. Founded in 2021

tappi
Funding Investment SMEs Venture Capital

tappi Raises $1.5m to Digitize and Build Online Trust  for Africa’s SMEs 

tappi, an end-to-end digital commerce SaaS solution for SMEs, has raised $1.5M in an oversubscribed Pre-Seed round led by Mercy Corps

Amini
Climate Change Funding Investment

Amini closes $4m Seed Funding Round Led by Salesforce Ventures and Female Founders Fund

Amini, a Kenyan climate tech startup focused on solving Africa’s environmental data gap through artificial intelligence and satellite technology, has

GoMetro
Funding Investment Mobility Venture Capital

GoMetro Secures £9m Funding from Zenobē, FutureGrowth and Existing Investors

GoMetro, a South African tech company that operates in the fleet management space, has announced the completion of a £9

FrontEdge
Funding Investment Venture Capital

FrontEdge Secures $10m Funding to Support African Cross-border Trade

FrontEdge, a Nigeria fintech, has secured $10 million in a equity and debt funding round to support African cross-border trade. The

Aduna Capital
Funding Venture Capital

Aduna Capital Unveils $20m Early Stage Fund to Enhance Innovation in Northern Nigeria

Aduna Capital, the African venture capitalist, has launched its $20 million fund, with a major focus on investing in the

Payment

Why Scan to Pay Quick Response Beats Cash, Cards and Transfers

Quick response (QR) codes have become part of everyday life in recent years. From leaflets and billboards to menus and