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Disrupt Africa said it will make its flagship annual funding report free to all in an open-sourcing initiative made possible through a partnership with Africa-focused VC firms Novastar Ventures, Quona Capital, 4Di Capital and Future Africa.…

Arab Bank has launched its fintech-focused corporate accelerator programme “AB Accelerator” in Egypt, following its successful rollout in Jordan in 2018. According to Arab Bank, the launch of this programme in Egypt comes as part of its…

Sabi, has announced the milestone of over 150,000 small business users on its platform. Sabi is optimizing Africa’s informal trade sector by bringing merchants and resellers into its network with curated business tools and services that…

According to reports from benjamindada.com, Ear1, has announced the close of its $520,000 pre-seed round. Ear1 is a new African social media startup that allows people to talk to influencers and professionals for a small fee. The round…

Pawapay a Pan-Africa payment platform said it has secured a $9 million seed raise. The round was co-led by MSA and UK-based investment fund 88mph, with participation from Vunani Capital, Kepple Ventures, and Zagadat Capital. The capital…

Nigerian fintech startup Awabah have raised US$200,000 in angel funding in July, which it has followed up by banking another US$120,000 after joining the Techstars London accelerator programme. Launched last year by Tunji Andrews, Tina…

MaxAB, has announced getting $15 million additional funding in closing its Series A round, and the acquisition of WaystoCap, a YC-backed Morocco-based B2B, eCommerce, and distribution platform. The Egypt-based Business to Business (B2B)…

The Central Bank of Nigeria (CBN) has released new guidelines on how a state-backed digital currency (e-Naira) will be regulated, designed, and issued. The Central Bank Digital Currency (CBDC) is on schedule to be launched on the 1st of…

Bitnob said it has integrated the lightning network to facilitate faster and cheaper transactions on its app. According to Bitnob, the lightning network is a layer-2 protocol that operates on top of the Bitcoin network to facilitate…

Discover® Global Network  and Flutterwave, have signed an agreement that will help increase acceptance for both local and international e-commerce merchants. Flutterwave’s merchants will be accepting Discover® Global Network cards from…