Jumia
Report

Jumia Q1 Report: E-tailer Cuts Losses by 24%, Revenue Drops by 6%

Jumia says cost discipline and “selective” usage growth helped it cut first-quarter losses. The African e-tailer stated this in its

Mastercard
Partnership Payment

Mastercard Partners With Billetera to Offer Digital Payment Solutions in DRC

Mastercard has partnered with Billetera – a leading digital payments technology company headquartered in Kenya – to provide millions of unbanked and

MoMo Agent
Partnership Payment

Mercy Corps Partners MoMo Agent to Deliver Cash Transfers to Vulnerable Households in Yobe State

Mercy Corps’ ‘Building Resilience in Complex Crisis (BRICC)’ programme funded by the European Union, has signed a new partnership with

OKO
Interview

OKO Finance: Helping Smallholder Farmers Secure Their Income Via Digital Insurance

African Farmers-80% of them smallholder farmers or family-run- are grimly exposed to drought, insect attacks, and flooding. They suffer huge

Thrive Agric
AgricTech Business

Thrive Agric Announces Completion of Pending Payments to ALL Crowd funders

Thrive Agric, the Nigerian digital agriculture/investment platform has announced that it has fully completed payments due to all the crowd

MTN Nigeria
Report Telecom

MTN Nigeria Loses 5 Million Subscribers in 1st Quarter of 2021

MTN Nigeria lost 5 million subscribers in the first quarter of 2021. The telecom giant ended the first three months

Mastercard
Ecommerce Partnership

Mastercard and Kasha Strengthen Commitment to Empower Women and Support Micro-Entrepreneurs in Africa

Mastercard has expanded its relationship with Kasha Global Incorporated through an investment in the purpose-driven ecommerce platform. The companies will

CDC Group
Funding

CDC Group Supports Uhuru Growth Fund I in Reaching $113m First Close

Uhuru Investment Partners (Uhuru), a leading middle-market private equity firm based out of Lagos and Abidjan, has announced the first

Aza Finance
Acquisition

AZA Finance Expands into South Africa With Acquisition of Exchange4Free

AZA Finance (formerly BitPesa) has agreed to acquire cross-border payments specialist Exchange4Free, marking the latest in a wave of consolidation

Google
Accelerator Developer Partnership

Google Offers 40,000 African Developers Scholarships, Opens 6th Accelerator Programme

Google is offering scholarships to 40,000 African developers, through the launch of a new partnership with Pluralsight and Andela. It has also announced