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GTCO
Fintech Payment Product Launch

GTCO Launches Squad Co, Its New Payment Unit

Guaranty Trust Holding Company Plc (GTCO) PLC has launched Squad Co which it describes as its new fintech/payment unit. In

AURA
Business Insurtech

AURA Partners With OUTsurance to Bolster Insurer’s Emergency Response Services

AURA, the South African on-demand armed and medical response platform, has partnered with OUTsurance to bolster the insurer’s emergency services.

Appetito
Acquisition Africa

Egypt’s q-commerce Appetito Acquires Tunisia’s Lamma for an Undisclosed Amount

Cairo-based Appetito is acquiring Tunisia’s Lamma to expand operations in Morocco, Tunisia, and West Africa and to become the largest

Funding Investment Venture Capital

Naspers Foundry Leads $3.3m Series A Investment in LifeCheq

Naspers, through its early-stage tech investment vehicle Naspers Foundry, has led a $2.5 million investment in LifeCheq, a fintech platform empowering

Ecommerce Funding Investment Startup

Betastore, a B2B Retail Marketplace, Secures $2.5m Investment

Betastore, a B2B retail marketplace for informal retailers, has secured a $2.5 million in pre-series A funding from 500 Global,

SpaceX
Internet

Elon Musk’s Starlink Set to Launch in Nigeria After Bagging Approval

Starlink, the Elon Musk-owned internet service provider, has received a license from the Nigerian government to launch and commence operations

Health Partnership

54gene, ANSTS to Launch SEN-GENOME Genetics Research Study

54gene, the healthtech firm advancing African genomics research, has entered a Memorandum of Understanding with the National Academy of Sciences

Ecommerce Logistics

Namibian Last-mile Distribution eCommerce Startup, JABU Secures $15m Led by Tiger Global

JABU, the last-mile distribution e-commerce startup, has raised a $15 million Series A led by Tiger Global. The startup recently

Funding Health Investment Venture Capital

Egyptian Healthtech Startup, Esaal Bags $1.7m Seed Funding

Esaal, an Egyptian healthtech startup, has completed the $1.7M Seed funding round led by A15. This takes the company’s total

Venture Capital

AfricInvest Closes its Midcap-focused Fund Raising over $400m

AfricInvest, an African investment platform, has announced the final close of AfricInvest Fund IV with total commitments of US$411 million.