UfarmX Takes Blockchain-Powered Agricultural Revolution to Senegal, Empowering Next-Gen Farmers
Self-funded until now, UfarmX is entering its first external investment round with a notable US$1.7 million term sheet offer from UBA Bank in Senegal.
KudiGo Unveils Innovative Social Commerce Platform in Ghana
KudiGo, established in November 2018, is known for its mobile-based retail system aiding businesses in Ghana and Nigeria with payments, inventory tracking, and financial modeling.
Bolt Food Announces Exit from South Africa
The journey began in April 2020 when Bolt Food launched in Cape Town, South Africa.
Visa Picks 23 African Startups for First-Ever Fintech Accelerator Cohort
Launched in June, this program aims to boost Africa's fintech community, which is leading the charge in innovative payment solutions and connecting the unbanked to the digital economy.
Two Out Five Nigerians Are in Debt: Nigerian Fintech Company Reveals
In a Piggyvest report on the money habits of Nigerians, it was revealed that 36% of Nigerians are owing money. ...
Bolt Food is About to Halt Operations in Nigeria
The decision comes nearly two years after Bolt Food started in Nigeria, and it's all about making the company more efficient.
Flutterwave Gains Licence to Boost Malawian International Money Transfers
Despite the increasing importance of remittances in Africa, the World Bank reports that sending money to the region remains more expensive than to any other part of the world.
Paystack and NIBSS Join Forces to Introduce Direct Debit in Nigeria
With Paystack Direct Debit, users can now make automatic payments for subscriptions like Spotify and Netflix without using a debit card. Over 20 Nigerian banks are already integrated into this solution.
BasiGo Secures $1.5 Million Boost to Fuel Expansion into Rwanda
Before now, BasiGo joined forces with AC Mobility, a Rwandan company that provides high-tech systems for collecting fares on public transportation.
West African Super App Gozem Acquires Moneex in Fintech Expansion Move
Originally launched in Togo in November 2018 as a taxi-hailing service, Gozem now operates in 13 cities across Togo, Benin, Gabon, and Cameroon.