Omnisient
Fintech Funding Investment Venture Capital

South African Fintech Omnisient Secures $7.5m Investment From Arise

Omnisient, a South African fintech startup, has received a $7.5 million investment from Arise, a company that invests in African financial service providers

Gaea
Funding Venture Capital

Pepea Fund Makes First Investment in Gaea Foods Limited 

Pepea, an impact investment fund from Oxfam Novib managed by Goodwell Investments, is pleased to announce its first-ever investment in Gaea Foods Limited,

Cartona
Business Ecommerce Funding Investment

Cartona Closes $8.1m Series A Funding in Debt, Equity Investment

Cartona, the B2B platform digitising and empowering stakeholders of Egypt’s traditional trade market – including mom-and-pop stores, hotels, restaurants, ​​cafes,

Dopay
Funding Investment Venture Capital

Egypt’s Dopay Secures $13.5m Series A Extension Round to Bank the Next Billion Workers

Dopay, the fintech providing a digital payroll and payments platform serving unbanked and underbanked workers in emerging markets, has closed

Ukheshe
Fintech

Ukheshe Rebrands to EFT Corporation to Lead Fintech Innovation and Banking Beyond Tomorrow

Ukheshe has announced its official rebranding to EFT Corporation. The move consolidates Ukheshe’s pioneering digital solutions with EFT Corporation’s extensive reach and

Farmers
AgricTech Agro-tech

Helping Smallholder Farmers Secure Malawi’s Food Future

Malawi’s farmers fear El Nino because it always brings drought, withering heat, and poor crop performance. Poor crop performance means

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.

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

Ukheshe
Acquisition Fintech

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

Moniepoint
Fintech

Moniepoint Expands Access For Underbanked SMEs and Individuals Across Nigeria

As the wider world continues to rapidly embrace digital payments, access to financial services has become critical for businesses to