Topic
Reporting on African Startups.
Showing 121–140 of 141 articles
AgricTech
US-based BG Titan Group has launched its Titan E-Farms initiative in Uganda. This launch represents a first step aimed at transforming agriculture across East Africa. With a total project size exceeding $650 million, the Titan E-Farms project aims to establish a sustainable agricultural model that supports economic growth while tackling critical environmental challenges. On the
AgricTech
Nigerian open banking startup, Okra, has officially made its entrance into the cloud infrastructure market on the wings of its new service, Nebula. Nebula is a new cloud service designed to support local innovation and reduce reliance on foreign solutions. This feature positions Nebula competitively against local rivals like Nobus, Galaxy and Layered – all
Funding
Climate Tech to contribute to combating climate change
Funding
South African shipping company for eCommerce exporters, TUNL, has completed a seed round to boost marketing support for small and medium sized enterprises (SMEs). This funding comes ten months after the startup announced its $1 million pre-seed funding to accelerate its expansion within its primary market, South Africa. At the same time, it aims to
FinTech
The launch of Kazang Pay in Zambia comes on the heels of the introduction of the solution in South Africa, where around 60,000 small and micro merchants use Kazang Pay to accept card payments.
Funding
Malawi is reportedly one of the least electrified countries in the world, with 11% of the population connected to electricity, 42% in cities and only 4% in villages.
FinTech
As a crucial part of the collaboration, Amazon will adopt Mastercard Gateway as a payment solution that will be made available in 40 markets in the region
Funding
Funding to provide early stage capital to at least 50 startups
FinTech
TymeBank surpasses 10 million customers six years after funding
Funding
Rubyx CEO says Proparco’s backing will help speed up implementation of digital lending solutions
Startups
Elon Musk-owned satellite company continues to make inroads into Africa
FinTech
Mitesh Popat Replaces O’Neal Bhambani as Chief Financial Officer
FinTech
Tanzanian FinTech Startup, NALA Follows in Flutterwave’s Market Entry as it obtains a Money Remittance License in Uganda
Funding
Chpter’s Acceptance into Norssken and Safaricom Park Accelerator Programs May Have Strengthened Closing Pre-seed Deal
Funding
Kredete, a Nigerian financial software platform has raised US$2.25 million in seed funding to help it further scale across the continent. Having already built a presence in up to 20 African countries, Kredete is focused on enabling African Immigrants to builf credit scores and send money back home. Kredete was founded in 2023 with the
Energy & mobility · Rwanda
AHL Venture Partners and Everstrong Capital back the electric-mobility company’s expansion in East Africa.
FinTech
Flutterwave gets major boost to its operations in Uganda as it finally secures a Payment Systems Operator (PSO) license from the Bank of Uganda. This will enable businesses in the country to access its payment solutions. This license will enable businesses in Uganda to make single and bulk payouts to suppliers, employees, and partners. This
M&A
Currency devaluation results in $1.9 billion in losses in the 2023 fiscal year
Funding
Payments and liquidity platform aims to solve trade deficits resulting from increasing demand for the dollar
M&A
Inability to service debts, cash flow problems, and electricity stability cripple Hohm Energy