Launch of Tanzania Angel Investors Programme: Training 50 Investors to Propel Startup Growth
The program will train 50 tech startup enthusiasts in Tanzania to become angel investors, offering them knowledge, mentorship, and practical support to kickstart their investment journey.
Waspito, Cameroonian E-Health Startup, Secures $2.5 Million in Seed Extension Funding
With over 100,000 patients served in Cameroon and Ivory Coast, Waspito plans to extend its reach to Senegal and Gabon soon.
NALA Secures License for Cost-Effective International Payments to Rwanda
Since 2021, NALA has been active in Rwanda, collaborating with partners to send remittance payments to bank accounts and mobile wallets.
Nigeria Implements Startup Act with Launch of Innovative Support Portal for Entrepreneurs
According to the National Information Technology Development Agency (NITDA), the portal's launch is the first step in creating startup consultative forums.
Nigerian Politician Nabbed in Relation to ₦607 Million Cyber Hack at Patricia
Despite founder Hanu Fejiro's assurance in September of secured funding for repayments, DLM Trust terminated its escrow contract with Patricia, alleging breaches.
FrontEdge, Nigerian Trade Finance Startup, Secures $10 Million Funding for Operations Expansion
The goal is to empower SMEs by providing the capital and expertise needed for international competitiveness.
Ed Partners Africa in Kenya Gains $10 Million DFC Loan Guarantee to Boost Affordable Education Access
Kenya’s Ed Partners Africa, a financial institution focused on helping affordable private schools, has secured a US$10 million loan guarantee...
Payment24 Boosts European Presence Through Acquisition of Swiss Company Inergy 24
Payment24's platform has evolved from a fleet management and petroleum payments solution to a comprehensive payments and transacting solution over the last three years.
PricePally Secures $1.3 Million Seed Funding to Expand Online Grocery Store Across Nigeria
The platform's unique approach involves working directly with specific farmers for better quality and supply control, conducting price research, and eliminating unnecessary middlemen.
Zazuu, Fintech Made for Africans Ceases Operations
The company, acknowledging the setback, expressed pride in its achievements and the lessons learned.