Startup

Nigeria’s Kudi Changes Name to Nomba

Kudi, an African fintech startup, has announced that it is changing its name to Nomba as it transitions into an

Funding Investment Venture Capital

Egypt’s Xpovi Secures $300k Pre-seed Funding

Xpovi, an Egyptian robo-advisory startup, has closed a $300,000 pre-seed round to scale-up its autonomous financial and business planning services.

CATAPULT: Inclusion Africa
Startup

10 Fintech Startups Selected For 2022 CATAPULT: Inclusion Africa: Special Edition in Dubai

LHoFT Foundation has selected 10 fintech startups for the 2022 CATAPULT: Inclusion Africa: Special Edition in Dubai. This Dubai edition

Funding Investment Venture Capital

Nigeria’s YEP! Secures $1.5m in Pre-Seed Funding

Yep!, a Nigerian fintech startup, has raised $1.5 million in a pre-seed funding round led by Greenhouse Capital. Alongside the

Partnership

DPO Group Partners With Mastercard to Help Businesses Accept Digital Payments

DPO Group has partnered with Mastercard to enable thousands of businesses in Ghana to offer their customers greater choice and

Funding Startup

Janngo Capital Receives an Investment Approval of $12m For its Start-up Fund

Janngo Capital, an African social startup studio, has announced that it has received an investment approval of $12 million (€10.5m)

SMEs

Kenyan Fintech IMFact Bags ≈$4m Funding From FSD Africa Investment to Boost Capital Supply to SMEs

IMFact, a Kenyan fintech startup, has secured a £3 million ($3.95m) investment from FSD Africa Investments (FSDAi), the investing arm

Leapfrog Ventures
Funding Investment

GIZ Egypt Unveils $120m Funding Targeted at First-time Fund Managers

GIZ Egypt, in partnership with Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA), Endure Capital and Changelabs, has launched

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

MSMEs
Entrepreneurship SMEs

Meet MSMEs Selected For MTN’s Accelerator Programme, Y’ello 200

In the past five years, Micro, Small and Medium Enterprises (MSMEs) in Nigeria, have contributed an estimated 48% to the