Investment Startup Venture Capital

South Africa’s POS Solution Startup, TallOrder Raises $3m

TallOrder, a South African point of sale (POS) solution for SMES, has raised $3 million funding to accelerate growth and

Standard Chartered Bank
Banking Digital

Standard Chartered Closes 50% of Nigerian Branches to Focus on Digital Banking

Standard Chartered Bank has disclosed that it will close 50 percent of its branches in Nigeria to focus on digital

Ayoba
Apps

Ayoba Hits 10m Monthly Active Users

Ayoba, Africa’s super app, has reached over 10 million monthly active users. The ayoba platform aims to harness growth in

Airtel
Financial Services Regulation Telecom

Airtel Receives Approval in Principle to Operate As a Superagent in Nigeria

Airtel Mobile Commerce Nigeria Ltd., a subsidiary of Airtel Africa, has been granted approval in principle by the Central Bank

Ayoba
Messaging

Instant Messaging App, Ayoba Hits 3m MAU in Nigeria

Ayoba, an African instant messaging app, has reached a subscriber base of three million monthly active users in Nigeria.  Launched

Catalyst Fund
Accelerator Funding Startup

Four Ghanaian Startups Receive Funding and Acceleration Support Through Catalyst Fund Inclusive Digital Commerce Accelerator program

The Catalyst Fund Inclusive Digital Commerce Accelerator welcomed four Ghanaian digital commerce companies, OZÉ, Shopa, Swoove, and Tendo,  as the

Mastercard
Appointment

Mastercard Appoints Gabriel Swanepoel as New Country Manager For South Africa

Mastercard has appointed Gabriel Swanepoel as the new Country Manager for Mastercard in South Africa. This serves as a promotion

Google
Africa Funding

Google to Invest $1bn Over 5 Years to Support Digital Transformation in Africa

Google has announced plans to invest $1 billion over 5 years to support Africa’s digital transformation. The investment focuses on

Acquisition Funding Investment Ride-hailing Venture Capital

Mobility Startup, Plentywaka Acquires Ghana’s Stabus After Raising $1.2m

Plentywaka, which provides hassle-free shared rides on-demand, has announced that it has fully acquired Stabus, one of Ghana’s leading mobility startups.

2Africa
Internet

2Africa Consortium Announces New Cable Branches

The 2Africa consortium, comprised of China Mobile International, Facebook, MTN GlobalConnect, Orange, Saudi Telecom Company, Telecom Egypt, Vodafone, and WIOCC,