TLcom
Funding Investment Venture Capital

TLcom Closes Africa’s Largest Early-Stage VC Fund at $154 Million

TLcom Capital, the Africa-focused venture capital firm, has announced the final close of TIDE Africa Fund II, its second fund for

Zone
Funding Investment Venture Capital

Zone Secures $8.5m in Seed Funding to Scale its Decentralized Payment Infrastructure

Zone, the African payment infrastructure company, has raised $8.5 million in an oversubscribed seed funding round led by venture capital firms Flourish Ventures and TLcom Capital.

Startup

Moniepoint Opens Applications For 4th Edition of Women in Tech Programme to Celebrate IWD

The role of women and their centrality to the growth and evolution of technology has been widely acknowledged. Yet, recent

Hohm Energy
Funding Investment

ClimateTech Startup, Hohm Energy Secures $8m to Scale Adoption of Rooftop Solar Across South Africa

Hohm Energy, the South African Climate Fintech company, has today announced the final close of its $8m Seed round. The funding

Deloitte
Report

Deloitte and AFIS unveil the 3rd edition of the African Financial Industry Barometer

The Africa Financial Industry Summit-AFIS and Deloitte have unveiled the third edition of their African Financial Industry Barometer. Based on an

FCMB
Accelerator Banking

FCMB Launches Accelerator Programme to Empower SMEs

First City Monument Bank (FCMB) has launched an accelerator programme to upskill and grow over one million small and medium-sized

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

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

NoOnes
Appointment

NoOnes Appoints Ray Youssef as CEO

NoOnes, the financial communication super app connecting people of the Global South to the world’s financial systems, has announced its

Ukheshe
Fintech Payment

Who’s Leading the Fintech Pack in Africa?

The local fintech bubble may have burst, with valuations becoming much lower as investors look for profitability and maturity instead of growth