The audit will comb through Bolt’s systems up until March 2024, with the possibility of expansion to other ride-hailing apps operating in the country.

In addition to funding, the program provides startups with business training, industry mentorship, one-on-one consultations, and networking opportunities.

The ASEP 2024 program will provide critical support to 450 startups by fully covering travel expenses such as airfare, accommodation, local transportation, and visa costs.

As Safaricom prepares to roll out the IHTS, Kenyan health-tech startups are grappling with the potential impact.

In 1991, when Ghana’s digital infrastructure was still in its infancy, Chinery-Hesse founded theSOFTtribe. The company would go on to become the country’s oldest and largest software firm, providing groundbreaking solutions across multiple sectors.

Founded in 2017, ABC emerged in response to the Financial Institutions (Amendment) Act 2016, which introduced agent banking as a strategy to improve financial access across Uganda.

The research firm also noted that Swvl has only $2.9 million in cash remaining, down from $9.1 million at the beginning of 2023.

Founded in Zambia, PremierCredit has steadily evolved from its roots as a microfinance institution...

The company’s platform now covers 12 African countries, positioning it as a key player in Africa’s financial technology space.

The launch of Unconventional Capital also signals a strategic shift within Uncap. The fund will operate independently from Uncap’s proprietary technology platform, “Level,” a recently launched SaaS tool designed to streamline investment management for funders and accelerators across Africa.

Founded in 2023 by Mostafa Mubarak and Camille Sayour, SETTLE aims to fill a long-standing gap in Egypt’s digital economy by focusing on B2B financial operations.

“The regulations for a new points-based work visa and the remote working visa are now in place. This marks the beginning of an era where we leverage global talent while maximizing local benefits.”