Small and medium-sized enterprises (SMEs) contribute significantly to the economic success of many countries, especially developing countries. They are the backbone of most economies. Globally, SMEs makeup about 90% of …
Olumide Soyombo, one of Africa’s most prolific and active early-stage investors in tech startups, has announced the launch of Voltron Capital – a Pan-African pre-seed & seed firm for elite …
Taager, an Egyptian social e-commerce startup, has raised a US$6.4 million seed funding round to help it scale its platform and expand across the Middle East. This round was led …
Nigerian fintech and lending startup Lidya has announced the completion of its $8.3 million pre-Series B funding round. Alitheia Capital led the investment through its uMunthu Fund with the participation …
Malta operator Go has announced an investment of EUR 25 million into a third submarine cable, named LaValette. This forms part of the global PEACE System (Pakistan East Africa Connecting …
Elmenus, Egypt’s largest food ordering platform has raised $10 million in new funding. Founded in 2018 and with about 1.5 million monthly users, the new funding round was led by …
Ghanaian Fintech startup Zeepay, has announced the completion of a USD7.9 million Series A.0 funding. The funding is a hybrid of both equity and balance sheet funds to support its …
Elsa Muzzolini, General Manager, Commercials & Mobile Financial Services, Y’ello Digital Financial Services, has listed three things fintech need to do in finding and leveraging the right Partnerships. Muzzolini who …
Nigerian Fintech startup, TeamApt, which provides financial services for the underserved mass market in Africa has announced the completion of its series B funding round. Led by Novastar Ventures with …
Viva Technology, the Conseil Présidentiel pour L’Afrique (CPA) and Seedstars Africa Ventures announced new public-private partnerships and private investments to support and promote African and diaspora entrepreneurship. These announcements are …
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