The Impact of Mobile Technology and Social Media in Africa
In recent years, Africa has witnessed a rapid rise in mobile technology and social media usage, bringing about significant changes ...
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Tag: Fintech
e&, a company based in the UAE, has invested $400M to acquire a controlling stake in the ride-hailing service Careem’s Super App
According to a filing by e&, the Emirates Telecommunications Group Company (EAND.AD) has agreed to pay $400 million to acquire ...
Shuttlers, a Nigerian mobility startup, has secured $4 million in funding
Shuttlers, a prominent tech-enabled, scheduled mass transit provider in Nigeria, has secured US$4 million in equity capital to further expand ...
Paymenow, a South African startup that provides access to earned wages, receives a $14 million debt facility
Paymenow, a South African earned income access platform, received a ZAR250 million (US$14 million) loan facility through Rand Merchant Bank ...
Equator, a climate-tech venture capital firm, has just announced the $40 million USD first closing of its first fund
Equator, a climate-tech venture capital firm with a focus on Sub-Saharan Africa, announces the initial close of its first fund ...
Novastar’s Africa People + Planet Fund receives $25M in funding from DFC
A new fund launched by Pan-African venture capital firm Novastar Ventures has received a $25 million equity investment from the ...
Camel Ventures, an Egyptian firm, has launched a fintech fund with $16 million.
Camel Ventures, an Egyptian venture capital firm, has launched an EGP500 million ($16 million) fund to support the nation's fintech ...
Peach Payments, a fintech start-up in South Africa, has raised $31 million in a Series A round of funding
Peach Payments, a fintech startup based out of South Africa, has just raised US$31 million in Series A funding from ...
Goodwell Investments and Oxfam Novib have launched a $22 million fund to help East African SMEs
A new EUR20 million (US$22 million) fund has been announced by Goodwell Investments and Oxfam Novib to invest in early-stage ...
Poland’s Reakto gets €1M
Krakow-based Reakto, a company that builds drone infrastructure based on Anything-as-a-Service (XaaS) canvas, announced that it has secured over €1M in funding to ...
Amsterdam-based cryptocurrency platform Change raises €2M
Amsterdam-based Change, a cryptocurrency platform for retail investors, announced it has secured €2M in funding from Switzerland-based private equity firm ...
Denmark’s Teton.AI bags €4.8M
Copenhagen-based Teton.ai, a health tech startup building an AI companion for nurses, announced that it has secured approximately €4.8M in ...
The Big 5
