News

South African fintech startup Paymenow has secured a ZAR400 million (approximately US$22.5 million) working capital facility from Standard Bank to...

Safaricom and PayPal have announced a strategic collaboration to enable seamless fund transfers between M-PESA and PayPal accounts. This partnership...

Stanbic Bank Kenya has announced its intention to raise US$100 million to support startups and small and medium-sized enterprises (SMEs)...

Noma Security, an Israeli cybersecurity startup specializing in safeguarding enterprise data and AI models against autonomous AI agents, has secured...

Western Union, Zoona Transactions Zambia Limited and Chipper Cash have joined forces to launch international money transfer services within the...

Venture capital firm HAVAÍC has reached a second close of $25 million for its African Innovation Fund 3, bringing the...

Sun King, a leading provider of off-grid solar energy solutions, has successfully closed a $156 million (KES 20.1 billion) securitization...

Journify, an AI‑powered marketing infrastructure startup, announced a new strategic investment round of undisclosed size led by regional investors including...

Saudi Arabia emerged as the most funded startup market in the Middle East and North Africa (MENA) during the first...

SanuPay and OpenWay have partnered to roll out Ethiopia’s first locally issued credit card, a significant step toward modernising the...

Flend, Egypt’s first fully digital SME lending platform regulated by the Financial Regulatory Authority, has closed a $3 million seed...

Google today unveiled a US $37 million investment package to accelerate artificial intelligence research, education, infrastructure, and entrepreneurship across Africa. At the...