SOUTH AFRICA’S SMARTWAGE APPOINTS THAMSANQA MOYO AS ITS NEW CTO
Africa Funding Startup

Cathay AfricInvest Innovation Fund Complete Final Close of €110M

AfricInvest, a leading multi-asset investment platform in Africa and global venture capital firm Cathay Innovation, have completed the final close

Cassava
Funding Investment Startup Technology Venture Capital

Cassava Technologies Announces $50m Strategic Investment From C5 Capital

Cassava Technologies, an African tech company, has announced that it has secured a US$50 million investment from C5 Capital (C5),

Netflix
Partnership Video Streaming

Netflix Teams Up With Microsoft on Cheaper Streaming With Adverts

Netflix has selected Microsoft as a technology and sales partner for its planned ad-supported subscription offering, as the streaming giant

FSD Africa
Funding Investment Venture Capital

FSD Africa Invests $3.5m in Catalyst Fund to Accelerate and Scale Pre-seed Impact Ventures in Africa 

FSD Africa has invested $3.5 million in global inclusive tech accelerator, Catalyst Fund, managed by BFA Global to anchor the

MOOVE CLOSES $20 MILLION FINANCING FROM ABSA
Africa Funding Investment Mobility

Moove Closes $20 Million Financing From Absa

Moove, the world’s first mobility fintech, has secured R300 million (US$20 million) in financing from Absa Corporate and Investment Banking

Swvl
Acquisition

Swvl Expands into Mexico with Acquisition of Mass Transit Tech Platform Urbvan

Swvl, a global provider of transformative tech-enabled mass transit solutions, has announced a definitive agreement to acquire Mexico-based Urbvan Mobility Ltd,

Fintech Funding Payment Venture Capital

Zazuu Raises $2m to Build Cross-border Remittance Solution for Africans in Diaspora

Zazuu, an African remittance payment platform, has announced that it has recently completed a $2 million raise.  Founded in 2018

Flutterwave
Fintech Payment

Kenya High Court Freezes Millions Belonging to Flutterwave

A Kenyan High Court has frozen more than $59 million belonging to Flutterwave, the African payment firm. The money according

Hyperclear
Acquisition

Mauritius-based Tech Investment Company Hyperclear Acquires Data and Analytics Firm Principa

Hyperclear, a technology investment company, has announced its acquisition of Principa – a South African data and analytics software business

Visa
Partnership Payment

Flocash and Visa Partner to Promote Digital Capabilities for African SMEs

Visa has announced that it is partnering with Flocash, to promote digital capabilities for African SMEs through digital payments, supplier