This sector-agnostic fund aims to back up to 20 startups in its first year.

BasiGo Rwanda was awarded a RWF 300 million (USD 225,000) recoverable grant from Ireme Invest, the Rwanda Green Fund 's green investment facility.

The deal, valued at up to $6.3 million, marks a major step in Swvl’s expansion within the Egyptian market.

Applications are now open for the Fintech for a Future Accelerator, which seeks to identify and scale promising fintech startups.

This $40 million funding round marks a pivotal moment for Nala. It will enable us to go beyond remittances and extend our reach beyond Africa, building a robust payments ecosystem

When we started in South Africa, load shedding was not a big topic...

TymeBank has announced the appointment of Karl Westvig as its new Chief Executive Officer...

Adeyemi-Adams’ motivation for establishing the platform stems from her personal journey, having experienced homelessness and participated in various employment support programs.

The funding round also saw participation from several renowned co-investors, including Johnson & Johnson, Sanofi, Beyond Capital Ventures, Angaza Capital, and others.

In the wake of the Heritage Bank crisis, fintechs are grappling with the challenge of rebuilding customer trust. While those covered by the NDIC can leverage this as a selling point, others must find alternative ways to demonstrate their commitment to financial security.

Fawry employees collectively hold 43.1 million shares in the company, representing a portion of the over 227 million shares allocated under the company’s Employee Stock Ownership Plan (ESOP)

In September 2023, African mobility startup WhereIsMyTransport opted for Creditors’ Voluntary Liquidation due to its financial inability to meet obligations. The liquidator oversaw asset realization and debt settlement, adhering to the UK Companies Act of 2006.