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Founders Factory Africa Secures a Funding Round of 144 Million Dollars from Mastercard Foundation and Johnson & Johnson
Founders Factory Africa has raised an additional $114 million to expand its approach and better serve entrepreneurs in Africa's technology...
Read moreMastercard To Purchase a Stake in MTN’s $5.2 Billion Fintech Unit, According to Recent Reports
Following the announcement that Mastercard has agreed to purchase a minority stake in the financial-technology division of MTN Group Ltd., the...
Read moreEd Partners, a startup in Kenya, receives $1.5 million in funding
Ed Partners, a startup based in Kenya, has received $1.5 million in debt funding from Oikocredit, an investor in social...
Read moreAirtel and Mastercard have teamed up to facilitate mobile money transfers across Africa
An international money transfer and receiving service has been announced by Airtel Africa and Mastercard for Airtel's mobile phone users...
Read moreGrinta, an Egyptian pharmaceutical startup, has acquired Auto-Cure
Grinta, a fintech-enabled B2B digital platform digitizing the pharmaceutical supply chain, has expanded its presence in the nation by purchasing...
Read moreAirtel Kenya aims to invest more than $150 million to expand its network coverage
Over the next three years, Airtel Kenya expects to invest more than $150 million (KSh21.5 billion) to increase network coverage....
Read moreThe World Bank Group has committed $257.4 million to Safaricom Ethiopia for the purpose of improving mobile connectivity
The World Bank Group will provide $257.4 million (KSh36.8 billion) to Safaricom Ethiopia to support its greenfield telecommunications initiatives. Mobile...
Read moreTalents Arena, an Egyptian recruiting startup, earns $750,000 in a pre-seed fundraising round
Talents Arena, an Egyptian startup in the recruitment industry, has secured $750,000 in pre-seed funding. UI Investments served as the...
Read moreBuguard, an Egyptian offensive security startup, has raised $500,000 in a seed round of funding
Buguard, an offensive security, and dark web surveillance company based in Egypt, announced that it has acquired $500,000 in seed...
Read moreTraction, a startup offering merchant solutions in Nigeria, raises $6 million
Traction, a merchant solution platform in Nigeria, received US$6 million in seed capital to fuel development, hire more people, and...
Read moreMastercard and the Lipa Later Group have partnered to provide access to credit and financial services across Africa
Mastercard has just announced a major partnership with Lipa Later, a prominent credit-focused and technology-driven financial services provider. This partnership...
Read moreNigerian green initiatives receive $13 million from FSDAi and InfraCredit
In collaboration with InfraCredit, FSD Africa Investments (FSDAi) has announced a £10 million (almost $13 million) investment into a ground-breaking...
Read moreThe Big 5
