Umba
Fintech Funding Investment Venture Capital

Nigerian Digital Bank Umba Secures $15m Led by Costanoa Ventures

Umba, a Nigerian digital banking startup, has raised $15 million in Series A funding to offer financial services to the

MTN
Fintech

MTN Gets Final Approval For MoMo Payment Service Bank

The fintech space in Nigeria is about to get another big competitor in the name of MTN. The telco has

ImaliPay
Fintech Funding Venture Capital

ImaliPay Closes $3m Seed Funding Round

ImaliPay, a financial platform for African freelancers, has secured $3 million in an equity and debt seed funding round. Participating

Ziroopay
Fintech Funding Investment

ZirooPay Secures $11.4m in Series A Funding For Mobile POS Solution in Nigeria

ZirooPay, a Nigerian fintech startup, has raised $11.4 million in a Series A funding round led by Zrosk Investment Management.

Platform Capital
Investment SMEs

Platform Capital Launches in South Africa to Invest in Local SMEs

Platform Capital, a provider of advisory services, has officially launched operations in South Africa to provide strategically driven investments with

Equinix
Acquisition

Equinix Enters Africa, Closing the US$320 Million Acquisition of MainOne

Equinix, the world’s digital infrastructure company™, has announced the completion of its deal to acquire West African data center and

SIM
Government

Nigeria’s Government Drops The Big Hammer on Unregistered Sim Cards

After several deadline postponements, the Federal Government of Nigeria has ordered telecommunications companies in the country to block all outgoing

Swvl
Business Ride-hailing

Egyptian Bus-hailing Firm Swvl Commences Trading on Nasdaq

Swvl, the Egyptian mass transit and shared mobility services provider, has begun trading on the Nasdaq. The firm’s co-founder and

Funding Investment Venture Capital

Egypt’s Xpovi Secures $300k Pre-seed Funding

Xpovi, an Egyptian robo-advisory startup, has closed a $300,000 pre-seed round to scale-up its autonomous financial and business planning services.

MFS Africa
Acquisition

MFS Africa Completes Acquisition of Baxi

MFS Africa has completed its acquisition of Capricorn Digital Limited, known in the market as Baxi, following approval of the