Africa
West Africa’s Start-Up Funding Boom: Nigeria’s Dominance and the Region’s Shifting Landscape
Since 2019, West Africa has emerged as a powerhouse in Africa’s start-up ecosystem, attracting $5.8 billion in funding—36% of the continent’s total, making ...
Fintech
PayPal and Ignyte Partner to Drive Startup and SMB Expansion in the UAE
PayPal has partnered strategically with Ignyte, a Dubai-based digital platform, to enhance support for startups and small- to medium-sized businesses (SMBs) in the ...
Innovation
Nigeria Unveils $40M Fund to Accelerate Startup Growth Amid Declining Investment
Nigeria, recognized as a leading hub for Africa’s technology ecosystem, is taking strategic steps to support early-stage startups as the sector faces a ...
Innovation
Nigeria: BOI Unveils ₦10bn GLOW Fund to Boost Female Entrepreneurship
The Bank of Industry (BOI) has introduced the Project Guaranteed Loans for Women (GLOW) initiative, a ₦10 billion special intervention fund aimed at ...
Africa
Africa: AUDA-NEPAD to Launch Digital Dashboard for Enhanced Transparency in Africa’s Mega Infrastructure Projects
The African Union Development Agency – NEPAD (AUDA-NEPAD) is set to enhance transparency and accountability in Africa’s infrastructure development through the launch of ...
Fintech
Nigeria: UBA Launches AfriGo Card to Boost Domestic Transactions and Financial Inclusion
United Bank for Africa (UBA) has introduced the AfriGo Card, a domestic card scheme designed to enhance naira-denominated transactions and strengthen financial inclusion ...
Fintech
Global: LoanPro and NovoPayment Partner to Enhance Financial Inclusion in Latin America
Credit technology provider LoanPro has entered into a strategic partnership with financial infrastructure firm NovoPayment to advance financial inclusion across Latin America. Announced ...
Africa
Equator Secures $55M to Accelerate Early-Stage Climate Tech Innovation in Africa
Climate-tech venture capital firm Equator has successfully closed a $55 million fund to support early-stage climate tech startups across Africa. This investment aims ...
News
Mastercard Study: 83% of Nigerian Women Embrace Entrepreneurship, Outpacing Regional Trends
A new Mastercard study, Empowerment for All, has revealed that Nigerian women are embracing entrepreneurship at an exceptional rate, with 83% identifying as ...
Fintech
Grain Secures $50M to Advance AI-Driven FX Optimisation and Hedging Platform
Grain, a fintech startup leveraging artificial intelligence to optimise foreign exchange (FX) transactions and hedging, has raised over $50 million to scale its ...