Investment

Glovo to Strengthen Presence in Africa With $60m Investment

Glovo, the Spanish on-demand delivery company, has said that it plans to expand its presence in the Africa including in

M-Pesa
Apps Fintech Payment

African Fintech Firm, M-Pesa Hits 50m Monthly Active Customers

M-Pesa has reached 50 million monthly active customers, cementing its position as Africa’s largest fintech platform. Launched more than 14

Wave
Fintech Funding Investment Venture Capital

Senegal-based Wave Becomes Francophone Africa 1st Unicorn After Raising $200m Funding

Wave, the U.S., and Senegal-based mobile money startup, has become the first unicorn in francophone Africa after raising $200 million

Africa Fintech Foundry
Training Women

Africa Fintech Foundry, Access Bank Launch Digital Academy to Equip Women With Tech Skills

The Africa Fintech Foundry (AFF) and Access Bank’s W Initiative have partnered to launch a digital academy aimed at equipping

Autochek
Acquisition Automobile

Autochek Expands Further into African Market With Acquisition of Cheki Kenya and Cheki Uganda

Autochek, the Nigerian cars marketplace, and ROAM Africa have entered into an agreement for Autochek to acquire automotive marketplaces Cheki Kenya and Cheki Uganda,

Funding Partnership Venture Capital

Apex Group Expands Relationship With Launch Africa Ventures

Apex Group, a global financial services provider, has expanded its relationship with Launch Africa Ventures, a Pan-African Venture Capital fund,

AgricTech Funding Investment Venture Capital

Agricorp International Raises $17.5m to Become Largest Spices Export Startup in Africa

Agricorp International, a Nigerian based spices producing, processing, and exporting company has raised $17.5 million in Series A funding to increase

Digital
Technology

South African Tech Company, iiDENTIFii, Achieves Microsoft Global Co-Sell Status

In just a few years since launching its remote biometric digital authentication and automated on-boarding technology platform, iiDENTIFii has attained Microsoft co-sell

Leapfrog Ventures
Venture Capital

Africa-focused Investment Fund Manager, Amethis Completes First Closing of Amethis MENA Fund II at $101mn

Amethis, an African-focused investment fund manager, has announced the first closing of Amethis MENA Fund II at USD$101 million. The

SOLmate
Fintech

South African Fintech Startup SOLmate Announces Rebrand With Exciting New Virtual Card Offering

SOLmate, an online payment platform that offers clients a digital wallet facility, has unveiled an exciting new product offering together