Sports

Paystack CEO Shola Akinlade Launches Football Club

The co-founder and CEO of Paystack, Shola Akinlade has launched a football club tagged Sporting Lagos. This was announced in

Casava
Insurtech Venture Capital

Casava Closes $4m Pre-seed Funding to Provide Microinsurance For Nigerians

Casava, Nigeria’s first 100% digital insurance company, has secured $4 million in pre-seed funding to provide affordable and accessible insurance

MAX
CleanTech Electric Vehicle Mobility

The Rwanda Innovation Fund Invests in Nigeria’s MAX

The Rwanda Innovation Fund has announced its latest investment in Metro Africa Xpress Inc. (MAX), a vehicle subscription platform for

Cryptocurrency Technology

GIGL Adds Crypto Wallet to its Propriety Delivery App GIGGO

GIG Logistics, a West African provider of last-mile delivery solutions, has launched a version of its propriety delivery app ‘GIGGo’

Nestcoin
Cryptocurrency Funding Venture Capital

Nestcoin Closes $6.45m in Pre-seed Funding to Accelerate Crypto and Web3 Adoption in Frontier Markets

Nestcoin, a company building, operating, and investing in web3 applications, has raised $6.45 million in pre-seed funding. This new investment

Moove
Fintech Investment Mobility

Moove Secures $10m Funding From NBK Capital Partners Mezzanine Fund

Moove, an African mobility fintech, has secured a US$ 10 million financing facility from NBK Capital Partners Mezzanine Fund II.

Cryptocurrency
Cryptocurrency Fraud

Crypto Crime Drops Against Rising Global Illicit Financial Transactions

Reported fraud across the financial services industry in Africa has spiked however, Eva Crouwel, head of financial crime at Luno,

Opay
Awards Payment

OPay Wins Best New POS Paymaent Service Provider in Egypt For 2021

OPay, the unicorn African payment firm, has won the ‘Best New Point-Of-Sale Payment Service Provider award from The Global Economics’

Bamboo
Funding Investment Venture Capital

Nigerian Investment Startup, Bamboo Closes $15m Series A

Bamboo, a Nigerian stock investment marketplace, has closed a $15 million Series A round led by Tiger Global and Greycroft.

Brimore
Ecommerce Funding Investment Venture Capital

Egyptian Social Commerce Startup, Brimore Closes $25m Series A Round

Brimore, an Egyptian social commerce startup, has secured a $25 million Series A round co-led by International Finance Corporation (IFC)