Africa
AfDB approves €10.5m in tech start-up fund across sub-Saharan Africa
The Board of Directors of the African Development Bank Group has approved an equity investment pool of €10.5 million toward the first close ...
Nigeria
Nigerian edtech startup, Teesas raises $1.6 million in a pre-seed funding round
Nigerian edtech startup, Teesas launched less than two months ago has raised $1.6 million in a pre-seed funding round. The round was led ...
Africa
Africa: Egyptian, Zimbabwean blockchain startups invited to apply for incubation programme
Blockchain startups from Egypt and Zimbabwe have been invited to apply for the Africa Blockchain Incubation Programme, aimed at encouraging creativity and ideas ...
Global
Global: Aware acquires Fortress Identity and expands eKYC capabilities
Risk management company Aware has announced it acquired Fortress Identity to expand its offering around identity proofing, onboarding, verification, and authentication. Representatives from Aware stated that the ...
Egypt
Egypt invests big in building digital skills to meet IT and outsourcing demand
Egypt’s ITIDA has organized an annual Employment Fair to be attended by 40 global and local ICT companies bringing job opportunities closer to young Egyptian ...
Nigeria
Nigerian fintech, commerce startup Get It Done Now expands to Spain
Nigerian startup Get It Done Now, a mobile fintech e-commerce platform where a user can access services and get loans and insurance, is ...
Egypt
Egypt home-based platform startup FilKhedma acquired by South Africa’s SweepSouth
FilKhedma, Egypt’s home-based cleaning platform has been fully acquired by South Africa’s SweepSouth. The new acquisition is part of SweepSouth’s scaling across the continent ...
Kenya
Kenyan startup Tanda expands fintech services through new Twiga Foods deal
Kenyan fintech startup Tanda has partnered with Twiga Foods in a new collaboration that will enable Twiga agents become a one-stop-shop for a variety of digital ...
South Africa
SA: MTN Partnership as Ayoba app reaches 10 million monthly active users
MTN in partnership with ayoba, has reached an exciting milestone of over 10 million monthly active users. 2021 has been a fast-paced year ...
Startup
Uganda’s asset finance company Tugende closes $17M debt investment round
Leading Uganda fintech lender Tugende specialized in asset finance in Kenya and Uganda has closed a new $17 million debt capital round at the end ...