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Jumia reports record orders and revenue but investors remain unconvinced 

Share sell-offs continued today in the wake of public companies’ earnings reports, proving especially significant amongst firms...

CrowdForce raises $3.6M to increase access to cash for underserved communities in Nigeria

Nigeria has an average of 4.8 bank branches and 19 ATMs per 100,000 adults, compared to the world average of 13...

African fintech Flutterwave triples valuation to over $3B after $250M Series D

African fintech Flutterwave has raised $250 million in a Series D round that tripled the company’s valuation to over $3...

Egypt’s e-commerce platform Wasla nabs $9 million from retail finance provider Contact

Contact Financial Holding, Egypt’s non-bank consumer finance provider, has invested $9 million in the country’s ecommerce super-app Wasla, setting...

MoneyHash gets $3M to build a super-API for payment operations in Africa, Mideast

Large merchants, particularly those that operate in more than one geography, have to support an array of payments...

Stitch raises $21M for its API infrastructure and embedded finance platform

Open finance continues to be a significant theme in the world of fintech as businesses tap APIs...

Worldwide, youths drive socio-economic change 

Often times societal change and advancement are usually credited to policymakers and policy implementers worldwide.

EVs to power Kenya’s bus rapid transit system

The uptake of electric vehicles in Kenya currently stands at 5% — a majority of which are private...

PalmPay raised $100M Series A last August, claims to have 5 million users

Africa-focused payments startup PalmPay raised a $100 million Series A round last year. TechCrunch spotted this news in Partech Africa’s...

Egypt’s YFS gets $7M to scale its on-demand logistics and delivery business across MENA

On-demand delivery in the Middle East and North Africa is estimated to reach $47 billion by 2030. In its largest and fastest-growing...

Kenyan tech-enabled logistics platform Amitruck raises $4 million, embarks on Uganda, Tanzania expansion

The shipping business in Africa has for years been inefficient and costly due to the traditional ways of...

Nigerian investment platform Bamboo secures $15m Series A led by Tiger Global and Greycroft

Bamboo, an investment platform that allows Nigerians buy and trade US stocks in real-time from their mobile phones or computers,...
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Zenda gets $9.4M to streamline school fee payment and management

Zenda, a UAE-based startup looking to change how parents pay school bills, and the way educational institutions manage...

Ghanaian agtech Farmerline to use new funding to strengthen its infrastructure, help farmers create wealth

A McKinsey and Co. study suggests that while sub-Saharan Africa has the potential to increase (even triple) its agricultural output...

Stitch launches ‘LinkPay’ to enable tokenised one-click bank transfers in South Africa and Nigeria

Stitch, a South African-based payments and data API fintech, announced today the launch of LinkPay, a product...

Twitter accepts Elon Musk’s $44 billion offer to buy the company. Users are bracing for changes

Twitter has accepted Elon Musk’s offer to purchase the company for roughly $44 billion. The social media...