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    WESTERN AFRICA

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    Nigeria’s BFREE Secures $2.95 Million Funding to Transform Risk Management in African Credit Markets

    In a significant development for the financial technology sector, BFREE, the ethical credit manager...
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    Ecosystem News

    FairMoney in Talks to Acquire Neobank Umba, Eyes African Expansion

    Paris-based fintech, FairMoney, is currently in early-stage negotiations to acquire Umba, a neobank operating...
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    Ecosystem News

    Carbon Acquires Vella Finance and Launches AI-Powered Business Banking Platform

    Carbon, a prominent player in Nigeria’s financial sector, has successfully acquired fintech startup Vella...
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    Ecosystem News

    Nigeria’s Ekiti State Aims to Become Africa’s Silicon Valley with $80 Million Tech Hub Investment

    The African Development Bank (BAD) has announced a groundbreaking initiative, revealing on February 22nd...
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    South Africa’s Insight Terra Raises $5.7 million to scale climate-tech platform

    The funding round highlights the growing investor confidence in African climate-tech solutions
    Updates

    Egypt’s MoneyHash Secures $5.2M to Simplify Payments for Emerging Markets’ Enterprises

    Egyptian fintech startup MoneyHash has secured $5.2 million in a pre-Series A funding round, bringing its total funding to over $12 million since its launch in early 2021. The latest investment follows a $4.5 million seed round announced in February 2024. This funding aims...

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    A New Era for Algerian Startups: The Long-awaited IPO That Could Change Everything Takes Off

    An ambitious target has been set to reach 100 listings on both the main and secondary markets by 2030.
    Partner Content

    Egyptian Fintech Raseedi to Offer 5-Minute Loans After Kashat Acquisition Deal

    Raseedi currently boasts 120,000 monthly active users and aims to increase this figure to 1.5m within six to eight months.

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    Updates

    South Africa’s Insight Terra Raises $5.7 million to scale climate-tech platform

    The funding round highlights the growing investor confidence in African climate-tech solutions
    Updates

    Egypt’s MoneyHash Secures $5.2M to Simplify Payments for Emerging Markets’ Enterprises

    Egyptian fintech startup MoneyHash has secured $5.2 million in a pre-Series A funding round,...
    Updates

    Maxula Gestion Resumes Funding for Tunisian Startups

    The Start Up Maxula Seed Fund, authorised by the Conseil du Marché Financier (CMF) in November 2018, has been actively investing in Tunisian startups.
    Updates

    Renew Capital Investment Series: Kenya’s Sevi Secures Funding to Bolster Stock Financing for Retailers

    The platform enables users to access credit for stock purchases, repay conveniently, and focus on scaling their businesses.

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