Egypt
Egyptian laundry app Laverie raises 6-figure funding round for expansion
Egyptian on-demand dry-cleaning and laundry app Laverie has raised a six-figure funding round as it aims to expand operations over the Greater Cairo ...
Africa
Lemonade finance wants to ease cross-border transactions for Africans
Cross-border payments for Africans are still a source of pain. It is plagued with three significant issues; restrictions in terms of use, long ...
Tanzania
Tanzania: ACB to Digitise Services Delivery After Merger
AKIBA Commercial Bank (ACB) aims to further improve existing services, introduce new products as per market requirements, including digitising its operations. The lender ...
Egypt
Egypt e-commerce marketplace startup raises 6-figure seed round
Egypt-based e-commerce startup Kemitt just raised a 6-figure round from Saudi-based angel investors. Kemitt was founded in 2017 by Mahmoud Fouad, connects both ...
South Africa
SA cybersecurity startup Sendmarc secures follow-on funding from Kalon Venture Partners
South African cybersecurity email protection and compliance startup Sendmarc has received follow-on investment from Kalon Venture Partners as it looks to build on ...
Nigeria
Ericsson launches Automation Hub in Nigeria
Ericsson has announced plans to create an Automation Hub in Nigeria to support operators for improved consumer experience. Ericsson Automation Hub is an ...
Kenya
Kenya-CMA Goes After Board Members of Collapsed Imperial Bank
The Capital Markets Authority (CMA) has finally started enforcement hearings of directors of collapsed Imperial Bank, six years after investors lost Sh2 billion ...
Kenya
Telkom Kenya to develop youth-focused digital wallet
Telkom Kenya has announced that it will develop a youth-focused digital wallet in a bid to boost financial inclusion during the pandemic. The telco ...
Zimbabwe
Zimbabwe- RBZ Auction Allots U.S.$32.9m to Boost Industrial Production
Reserve Bank of Zimbabwe (RBZ) foreign exchange auction allotted US$32.9 million with a bias towards boosting economic industrial productivity. A trading update released ...
Kenya
Kenya- Absa Bank Kenya Launches Its Asset Management Subsidiary
Absa Bank Kenya has launched the Absa Asset Management Limited (AAML), a subsidiary of the bank that will offer fund and wealth management ...