Startup
South African agric-tech investment company AgVentures raises $5.4M fund
AgVentures, a South African agric-tech investment company, has raised an R100million fund ($5.4m) to invest in companies building tech solutions for food production ...
Regulatory
Singapore’s financial regulator unveils $87.8m fintech care package
The Monetary Authority of Singapore (MAS) has announced a SGD 125 million ($87.8 million) coronavirus care package for its country’s financial and fintech ...
Startup
Nigerian fintech super-connector Okra receives $1 million pre-seed investment from TLcom Capital
Nigerian fintech platform Okra has secured a $1 million pre-seed fundraise from TLcom Capital, strengthening its push to build the infrastructure for Africa’s next ...
Startup
Nigerian agri-tech startup Farmcrowdy moves into e-commerce with Foods platform
Nigerian agri-tech startup Farmcrowdy has ventured into the e-commerce space with the launch of Farmcrowdy Foods, a one-stop digital marketplace that allows consumers ...
Africa
Catalyst Fund welcomes four African investors into its exclusive fintech fold
Catalyst Fund, the global inclusive fintech accelerator managed by BFA Global, today welcomed six leading fintech investment firms into its fold which already ...
Startup
Standard Bank acquires 40% stake in Payment24
Standard Bank SA has acquired a 40% stake in the digital fuel management solutions and telematics company Payment24 Group. Payment24 Group is a ...
News
JUMIA – German tech investor pulls out 11% stake
The German tech investment firm behind African e-tailer Jumia – Rocket Internet, has sold its stake in the beleaguered African e-commerce business. The ...
Startup
Tech-Startups: Investing in Africa’s Small and Growing Businesses (SMBs)
Background “Africa is the fastest-growing continent in the world. Step by step, it has built the fundamentals for strong structural growth: an unprecedented ...