MASTERCARD
Venture Capital

$200 Mastercard Foundation Africa Growth Fund Launched

The Mastercard Foundation Africa Growth Fund (The Fund), a Fund-of-Funds of African investment vehicles (IVs) to support early-stage, growth-oriented SMEs, launched today with $200

Pivo
Fintech Funding Payment Venture Capital

Nigerian Fintech Startup, Pivo Secures $2m Funding to Accelerate Growth

Pivo, a Nigerian female-led fintech startup, has raised $2 million in funding to upgrade existing products, build new ones, hire

Amethis
Venture Capital

Goodwell Investment Launches €150 uMunthu II Fund to Invest in Next Wave of African Innovation

Goodwell Investments has launched uMunthu II, a €150 million institutional investment fund to finance innovative, scalable, small and medium-sized businesses

Jumia
Ecommerce

Jumia Nigeria Reaffirms Commitment to Consumers With Black Friday

Jumia Nigeria has restated its commitment to customers with its Black Friday campaign. Also, the Company urged consumers to leverage

AfyA Care
Health

CardinalStone Capital Advisers Invests $6m Investment in AfyA Care

CardinalStone Capital Advisers (CCA), a West African private equity fund manager, has announced a $6 million investment in AfyA Care

Payhippo
Acquisition

Nigerian Fintech Startup, Payhippo Acquires Maritime Microfinance Bank

Payhippo, a Nigerian fintech startup, has announced the proposed acquisition of Maritime Microfinance Bank (MFB), a financial institution specialising in

MEST Africa
Startup

Meet 5 Startups Selected For MEST Africa Challenge Grand Finale

MEST Africa has announced the five startups that have been selected for the grand finale of the 2022 MEST Africa

Mastercard
Fintech Payment

Fintech Emerging as Africa’s Most Vibrant Sector-Mastercard Study

Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the

Mastercard
Partnership

Mastercard, Cellulant Partner to Empower Millions of Consumers Across Africa to Join the Global Digital Commerce Market

Mastercard and Cellulant have partnered to allow millions of Cellulant customers across Africa to shop and pay online with global

Fintech

15 Fintech Startups Selected For LHoFT’s Startup Acceleration Program

Building on the success of the previous editions of CATAPULT: Inclusion Africa since 2018, the Luxembourg House of Financial Technology