Kenyan agency banking startup Tanda has announced that is expanding its operations regionally after closing a funding round in February 2021 from HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota and …
Entrepreneurship
- Eastern AfricaEntrepreneurship
Lendable has announced that it has invested over US$100 million in credit to help fintech startups in emerging and frontier markets to scale. The debt finance provider has also become …
- EntrepreneurshipWestern Africa
Nigerian fintech Appzone raise $10m for expansion and proprietary technology
Africa’s fintech space has gained proper attention over the past few years in investments but it is not news that startups still battle with offering high-quality products. However, they seem …
- EntrepreneurshipNewsNorthern Africa
Algebra Ventures launches $90M fund to invest in startups in Egypt
Algebra Ventures has announced the launch of its second $ 90 million funds which will be committed to funding startups in Egypt and allocating a special stake to the Middle …
- AirtelBusinessEntrepreneurship
Airtel Africa receives additional $100m for its mobile money business from Mastercard
Two weeks ago, TPG’s Rise Fund invested $200 million in Airtel Mobile Commerce BV (AMC BV) — the mobile money business of London-listed telecom Airtel Africa. After closing the deal, …
- Banking, Finance & InvestmentEntrepreneurshipWestern Africa
Nigerian fintech Bankly secured a $2 million seed round by Vault
Nigeria remains a largely cash-dominated country. with over 100 million unbanked Nigerian population excluded or have no access to financial services due to limited financial literacy. Bankly, a Nigerian fintech …
- BinanceEntrepreneurshipWestern Africa
First Decentralized Finance (DEFI) and Binance Smart Chain-Built Company Launches out of Africa
Backed By Binance And Google Launchpad, Xend Finance Is The World’s First DeFi Credit Union and Cooperative Platform Targeting Users In Underserved Regions Xend Finance, the first decentralized finance (DeFi) …
- EntrepreneurshipTechnologyWestern Africa
Nigeria’s Termii raises $1.4M seed for North African expansion
Termii, a Nigerian platform-as-a-service startup has raised a $1.4 million seed round for North Africa expansion starting with Algeria with plans to expand its messaging offerings across Africa. The round …
The African Enterprise Challenge Fund (AECF) has launched a US$1.2 million Innovation Fund to unlock the potential of renewable energy to create new business opportunities. Businesses and entrepreneurs in Burkina …
- EntrepreneurshipTransportation & LogisiticsWestern Africa
Nigeria’s Plentywaka gets backing from Techstars, plans expansion to Canada
Plentywaka, a Nigerian bus-booking platform, today announced that it has been accepted into the Techstars Toronto accelerator program. It will join nine other startups in the class of 2021 and …