Business
FINCA Ventures Opens $100,000 Prize Competition for African Startups Tackling Poverty
African social entrepreneurs have a fresh opportunity to scale their impact-driven innovations as FINCA International, through its investment arm FINCA Ventures, calls for applications...
Novastar Ventures Closes $147M Fund to Back Africa’s Next Wave of Impact Startups
To guarantee major boost for Africa’s startup ecosystem, Novastar Ventures has announced the final close of its third fund, the Africa People and Planet Fund...
Angola’s ANDA Secures $1.2M to Scale “Drive-to-Own” Mobility Model and Transform Urban Transport
Angolan mobility startup ANDA has secured US$1.2 million in fresh funding from private credit impact fund BFA Asset Management (BFAAM), marking another significant step...
ITIDA–Plug and Play Bootcamp Fuels $3.7M Investment Surge for 61 Upper Egypt Startups
Egypt’s push to decentralize its startup ecosystem is gaining tangible momentum as the Information Technology Industry Development Agency (ITIDA), in partnership with Plug and...
How Angola’s Kukubela is Targeting Africa’s Language Gap with 35,000 Users, Eyeing Global Expansion
In the African continent, where linguistic diversity is vast but digital learning tools remain limited, this Angolan ed-tech startup, Kukubela is positioning itself as...
Telda Unveils Zero-Fee In-App Stock Trading, Opening Egypt’s Stock Market to Everyday Investors
Egypt’s digital finance platform, Telda, has launched a new in-app securities investment service that allows users to trade stocks and invest in funds directly...
Morocco’s GoSwap Secures Funding to Supercharge Electric Mobility with 10-Second Battery Swaps
GoSwap, a Moroccan electric mobility startup, has secured its first round of funding from the Azur Innovation Fund, marking a significant step toward accelerating...
4G Capital Secures $2M to Scale “Touch-Tech” Lending Model, Deepen Financial Inclusion Across East Africa
Kenyan fintech company 4G Capital has secured a strategic investment of US$2 million to accelerate the expansion of its hybrid lending model, targeting underserved...
Egypt’s Qualiphi Acquires Career Club to Scale AI-Powered Career Services Across Middle East and North Africa
Egyptian recruiting platform, Qualiphi, has acquired the virtual career platform Career Club, previously owned by iCareer, in a six-figure transaction aimed at accelerating the...
Cashi and IFC is Bringing Digital Finance and Mobile Payments to Underserved Communities in Chad
The International Finance Corporation (IFC), a member of the World Bank Group, has announced a partnership with fintech company Cashi to expand digital payment...
Inside Cents $140m Plan to Power the Future of Laundry with AI, Software, Data and Digital Payments
Laundry is rarely top of mind for consumers until a machine breaks down or a payment system fails. Yet, operators keeping the industry afloat...
UK-based Klipboard Acquires South Africa’s Skynamo to Power Global Expansion in Sales Operations Software
A strategic move sets to reshape the landscape of sales operations technology for distributive industries has seen the UK-headquartered Klipboard to acquire South African...
