Ecommerce Logistics

Namibian Last-mile Distribution eCommerce Startup, JABU Secures $15m Led by Tiger Global

JABU, the last-mile distribution e-commerce startup, has raised a $15 million Series A led by Tiger Global. The startup recently

Venture Capital

AfricInvest Closes its Midcap-focused Fund Raising over $400m

AfricInvest, an African investment platform, has announced the final close of AfricInvest Fund IV with total commitments of US$411 million.

Airtel
Payment Product Launch Telecom

Airtel Payment Service Bank, SmartCash Launches in Nigeria

Airtel Africa has revealed the official commencement of operations of its payment service bank tagged SmartCash in Nigeria. This revelation

Funding Health Investment Venture Capital

Egyptian Healthtech Startup Doxx Raises $1.5m Seed Round

Doxx, an Egyptian healthtech startup, has raised $1.5m in a seed round. Founded in 2020, Doxx connects users to professionals

Momo
Payment Product Launch

MTN’s MoMo Payment Service Bank (PSB) Formally Begins Operations

Following the final approval for a Payment Service Bank (PSB) licence granted by the Central Bank of Nigeria (CBN), MTN

Product Launch

Jumia Nigeria Launches e-doctor to Offer Online Healthcare Consultations

Jumia has launchaed e-doctor, a telemedicine service which aims to provide quality, affordable and digital real-time healthcare consultations in Nigeria.

Financial Inclusion Partnership Payment

Mastercard, OPay Partner to Grow Cashless Ecosystem

Mastercard and OPay have announced a partnership that will open up digital commerce to millions of people across  Middle East

AgricTech Funding Investment

Naspers Foundry Leads $5.1m Equity Round in Agritech Company Nile

Naspers, through its early-stage tech investment vehicle Naspers Foundry, has announced a $2.5 million investment in Nile, an agritech company

Health

Kenya’s Zuri Health Completes $1.3m Pre Seed Round

Zuri Health, the digital healthcare company which provides affordable healthcare via mobile, has completed a funding round attracting investment from

Fintech Funding Investment

Kenya’s FlexPay Secures Funding From Cairo Angels Syndicate Fund

FlexPay, a Kenyan fintech startup, has raised undisclosed amount of funding from The Cairo Angels Syndicate Fund (CASF), a micro