Founded in 2013 as BitPesa, Aza Finance has steadily expanded its reach across Africa and beyond, providing foreign exchange, payments, and treasury services to companies operating in emerging markets.
For Elmawkaa, the acquisition marks a significant success for its founders and early investors, who include entities such as Flat6Labs, TIEC, 500 Global, and Taqadam.
As the first blockchain fintech company in South Africa to receive the Crypto Asset Service Provider (CASP) license from South Africa’s Financial Sector Conduct Authority (FSCA), Kotani Pay has also positioned itself as a trusted bridge between fiat and digital currencies.
If you run a venture focused on Africa, here’s a comprehensive list of the latest startup funds (and their contact addresses) targeting African startups in 2025.
The newly formed entity, to be known as Ignite Energy Access, is projected to serve over 15 million people across 14 African nations, leveraging a combined operational footprint and a shared ambition to tackle energy poverty.
If you run a venture focused on Africa, here’s a comprehensive list of the latest startup funds (and their contact addresses) targeting African startups in 2025.