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.

Startup

Glovo-Esade Tech Competition For Kenyan Startups 2022

Glovo, in partnership with Escade Business School, Ashoka Africa, and the Boston Consulting Group, has organised a competition for early-stage

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

Amethis
Edtech Investment Legal Venture Capital

Egypt’s Kouncel Bags $1.2m pre-Seed Funding

Kouncel, an Egyptian legal education platform, has secured $1.2 million investment led by Zaldi Capital, the African Development Bank (AFDB), the

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

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

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

Funding Investment Venture Capital

Lipa Payments Secures $650k Funding For Contactless Payments Platform For Informal Sector

Lipa Payments, a South African fintech startup, has secured a R10 million ($650, 000) funding to build a contactless payments

Google
News

APPLY: Google News Innovation Challenge

The Google News Initiative (GNI) has announced the opening of the third Innovation Challenge in the Middle East, Turkey and Africa. The

TradeDepot
Acquisition

Nigerian B2B Marketplace TradeDepot Expands to Ghana With Acquisition of Green Lion

TradeDepot has acquired Green Lion, a Ghanaian B2B eCommerce platform to accelerate its growth, boosting its service delivery across the