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.
SA Prop-Tech Neighbourgood Acquires Local Travel Company, Local Knowledge
The goal is to make a positive impact on local communities while fostering meaningful connections.
Paystack Streamlines Global Team to Cut Costs and Localise Operations
Earlier, Femi Iromini, CEO of Moni, mentioned that due to the currency float in Nigeria, revenue changed from $1 per ₦500 to $1 per ₦700, a 40% decrease for most startups.
Wicrypt, Nigerian Web3 Startup, Makes Strides into Chinese Market with Expansion
Currently, Wicrypt's decentralised physical infrastructure network includes nearly 1,100 hotspots across over 30 countries, serving over 45,000 accounts and handling over 895 terabytes of data transmission.
Pineapple, South African Insurtech Secures Impressive $21.3 Million in Series B Funding
The startup's strong growth and sustainable claims ratios, surpassing industry standards, played a key role in attracting this substantial investment.
Fintech Startup Chimoney, Successfully Acquires Scrim
The original mind behind Scrim, Pleasant Balogun, expressed enthusiasm about the acquisition.
Showmax Overtakes Netflix as New Market Leader in African Streaming
Showmax's success is attributed to a 26% year-on-year growth in paid subscribers over the past four years, reaching 1.8 million subscribers.