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.
iDICE Program Set to Create 65,000 New Startups in Nigeria
According to Nigeria's Minister of Foreign Affairs, Yusuf Tuggar, the iDICE program aims to create jobs and will greatly benefit young Nigerians.
See Which African Fintech Startup Secured the Largest Investment in Q3 2023
Africa’s FinTech sector has seen a drop in both investment and deal activity during Q3 2023 as seen in a...
French Football Stars Kick In for African Creator Economy Startup StarNews in Pre-Series A Round
Right now, StarNews has 4 million active users and partner with 120 content creators. They provide funding and support to these creators, as well as creating local content.
BluePeak Private Capital Closes $156 Million Fund to Back African Businesses
BluePeak Private Capital invests in various sectors, including healthcare, education, financial services, manufacturing, and technology.
South African Startup WhereIsMyTransport Shuts Down Due to Funding Shortage
WhereIsMyTransport is specialised in mapping both formal and informal public transport networks to enhance the public transport experience, with a focus on safety and accessibility. They even provided their data to governments.
Social Commerce Startup Sukhiba Connect Raises $1.5 Million for Expansion Beyond Borders
Founded in 2021 by Ananth Gudipati as CEO and Abhinav Solipuram as CTO, Sukhiba focuses on B2B conversational commerce. It allows companies to sell to their clients using Meta's messaging service, WhatsApp.
Husk Power Secures $103 Million for Expanding Renewable Energy in Africa and Asia
Husk Power Systems, established in 2008, is well-known for its creative solutions in renewable energy and it is also recognised for its AI-powered platform for clean energy services.
Nigerian Cryptocurrency Startup Coinazer Expands to Brazil
Since its launch in April 2022, Coinazer has gained 5,000 customers and processed transactions worth over $3.8 million.
Senegalese FMCG Intelligence Startup Lengo AI Raises Seven-Figure Pre-Seed Funds
Lengo AI is the first data-driven operating system for informal retail in Africa. It provides intelligence and highly actionable insights to FMCG brands by collecting data from thousands of corner shops.