B2B eCommerce and embedded finance platform in Africa, TradeDepot, has appointed former Coca Cola HBC Nigeria Executive, Chidi Akubuiro as its Managing Director for Anglophone West Africa. Effective from May
Egypt-based fintech Paymob has raised $50 million in Series B funding, led by Kora Capital, PayPal Ventures, and Clay Point. Other investors in the round include Helios Digital Ventures, British
Emerging markets focused early-stage venture capital firm, Rali_cap, has launched a $30 million fund. Last month, the firm, formerly known as Rally Cap Ventures, reached its first close of
Hello Tractor, a Nigerian tractor-booking platform, has secured $1 million in funding from Heifer International to provide loans for tractor purchases. Farmers will repay with revenue earned by leasing the
Eden Life, Africa’s first home concierge services scheduling platform has acquired Lynk, a Kenyan gig marketplace in a move that will see Eden Life expand into Kenya.
The strategic
Techstars, one of the most influential accelerators in Africa has announced the ARM Labs Lagos Techstars Accelerator for early-stage fintech and proptech startups across the continent.
The ARM Labs Lagos
Bboxx, a London-headquartered cleantech startup that provides clean energy in Africa, has reportedly acquired PEG Africa, another cleantech startup based in Accra, in a deal worth $200 million, according to
Nigeria-based fintech startup, Afriex has announced the close of a $10 million Series A round to expand its blockchain money transfer platform.
This funding round was led by Sequoia Capital
Global social networking company, Twitter, has on Monday announced that it has agreed to be acquired by Elon Musk, for $54.20 per share in cash in a transaction valued
Senegal based fintech unicorn, Wave Digital Finance, has acquired an e-money license from the Central Bank of West African States (BCEAO). This licence will allow Wave to provide its financial
Global tech giant, Google has announced the launch of a product development center in Nairobi, its first in the continent. The company said it set up the centre to build
A joint report by Google and the International Finance Corporation (IFC) in 2020 disclosed that there are only 700,000 professional developers in Africa.
