FCMB
Accelerator Banking

FCMB Launches Accelerator Programme to Empower SMEs

First City Monument Bank (FCMB) has launched an accelerator programme to upskill and grow over one million small and medium-sized

Artificial Intelligence
Artificial Intelligence Technology

Unlocking Artificial Intelligence’s Potential in 2024

2023 has seen the phenomenal rise of generative Artificial Intelligence (AI), the latest in a long line of AI technologies

Ukheshe
Acquisition Fintech

Ukheshe Acquires EFT Corporation to Transform Financial Services Across Africa

Ukheshe International, the Banking as a Service (BaaS) and embedded finance enabler, has acquired 100% of  EFT Corporation Limited (EFTCorp) from parent Loita Transaction

Carry1st
Funding Gaming Investment

Carry1st Secures Investment From Sony Innovation Fund

Carry1st, the African game publisher and digital commerce platform, has secured investment from Sony Innovation Fund, the venture capital arm

Moniepoint
Fintech

Moniepoint Expands Access For Underbanked SMEs and Individuals Across Nigeria

As the wider world continues to rapidly embrace digital payments, access to financial services has become critical for businesses to

Twiga Foods
Leadership

Peter Njonjo of Twiga Foods Quits Board After Resigning as CEO

Twiga Foods, founder and CEO Peter Njonjo has quit the firm’s board a month after he resigned as its chief

Fintech

Koree Gets $200K Pre-Seed Funding to Expand its Merchant Base

Koree, the Cameroonian fintech startup, has closed a $200,000 pre-seed investment to grow its merchant base, scale its user base,

Wasoko 
Merger

Wasoko, MaxAB Announces Merger to Drive Transformation of Africa’s Informal Retail Sector

Wasoko and MaxAB, have signed preliminary merger terms to join together as a combined entity to drive the transformation of Africa’s informal

Chefaa
News

Egyptian Healthcare Startup, Chefaa Secures $5.25m Funding to Solidify Presence in Saudi Arabia

Chefaa, a pharmacy benefits platform, has secured $5.25 million in a strategic leap from new and existing investors. It was

Techstars
Funding Investment Startup

Techstars Announces 12 New Investments Via its Africa-focused Program

Techstars, an investor platform in Africa, has announced its second cohort of 12 companies to participate in its pan-African accelerator