Acquisition

Morrocan B2B eCommerce Startup, Chari Acquires AXA Credit For $22m

Chari, a Moroccan B2B e-commerce and retail startup, has acquired Axa Credit, the credit arm of Axa Assurance Maroc, for $22 million.

Blockchain Fintech Startup

DFS Lab, Stellar Launch Applications For Blockchain Bootcamp

DFS Lab and the Stellar Development Foundation (SDF) have launched the second Blockchain Bootcamp for African startups. Designed to give

Ecommerce Funding Investment Startup Venture Capital

Egyptian ECommerce Platform For Mums, Mumerz Closes $1.2m Pre-Seed Funding

Mumerz, an Egyptian e-commerce platform for mothers, has secured a $1.2 million pre-seed round led by Disruptech. Launched recently, Mumerz is a parent

Funding Investment

Kenya’s Cartnshop Closes $400k Investment

Cartnshop, a Kenyan company that helps African small businesses build up internet storefronts quickly and inexpensively, has raised a $400,000

Paga
Financial Services Fintech

Paga Group Partners With Bank of Abyssinia to Launch in Ethiopia

Paga, a Nigerian mobile payments, and financial services company, has partnered with the Bank of Abyssinia, to launch its online

Fintech Funding Renewable Energy

Kenya’s M-KOPA Secures $75m Funding to Expand Platform for Underbanked

M-KOPA, the Kenyan pay-as-you-go energy services for off-grid customers, has raised $75 million in a growth equity round to expand

Cryptocurrency Funding Investment

South African Crypto Exchange Firm, VALR Secures $50m Funding

VALR, a cryptocurrency exchange headquartered in South Africa, has raised $50 million (over R750 million) in Africa’s largest ever crypto

Fintech Payment

OPay Announces Launch of its First Store in Egypt

OPay, the fintech and electronic payments company, has announced the opening of its first “OPay” store in Egypt, to offer

Tech Tips Tips

Safety Features to Look For in Online Hookup Apps (Plus What to Watch Out For)

Online hookup apps are pretty good at what they do – as long as you have reasonable expectations, that is.

Acquisition

Weaver Fintech Acquires South Africa’s PayJustNow

Weaver Fintech, a South African fintech startup, has acquired an 85% stake in PayJustNow to drive its ongoing growth in