On January 20, 2025, during President Donald Trump’s inauguration festivities at Washington D.C.’s Capital One Arena, Elon Musk made a hand gesture that ignited…
Payments startup Sudpay wins 2018 edition of Seedstars Dakar
Senegalese payments startup Sudpay has been crowned as the winner of the 2018 edition of the Seedstars Dakar pitch competition. The Dakar-based startup placed first…
Two African startups selected for FinTech Hive’s 2018 Accelerator programme
Two African fintech startups: Amplified Payment System from Nigeria and PaySky from Egypt have been selected to join FinTech Hive’s 2018 accelerator programme. The…
Top startup events in South Africa, Africa you should know about this week [10/09/2018]
If you’re based in Cape Town go see the SA Innovation Summit which kicks off on Wednesday (12 September) and runs till Friday (14 September). The annual…
Tanzanian mobile money startup Nala wins $10k at Ecobank Fintech Challenge
Tanzanian mobile money startup Nala has emerged as the winner of the 2018 Ecobank Fintech Challenge, clinching $10 000. The mobile money application works offline, without an…
Nigerian fintech Paga raises $10m in round led by Global Innovation Fund
Nigerian mobile payments company Paga has raised $10-million in a Series-B funding round led by London-based Global Innovation Fund. Impact investors Goodwell Investments, Unreasonable Capital and Omidyar…
SA fintech Yoco raises whopping $16m in Series-B round led by Partech
In what is arguably one of the biggest venture capital deals announced so far this year in South Africa, SA point of sale payments…
Four fintech companies selected for R2.5m AlphaCode Accelerate programme
Fintech accelerator AlphaCode has announced the names of four companies selected to join its recently launched R2.5-million accelerator programme AlphaCode Accelerate. The four companies are Entersekt, Livestock…
Ventures Platform backs healthtech startup MDaaS with $100k investment
Nigerian venture capital (VC) firm Ventures Platform has invested $100 000 into Lagos-based healthtech startup MDaaS Global. Ventures Platform founder and CEO Kola Aina announced the…
Mercedes-Benz SA courts students, professionals in new innovation challenge
Automotive giant Mercedes-Benz South Africa in partnership with business incubator LaunchLab has launched the Mercedes-Benz South Africa Ideas Challenge, an innovation initiative aimed at students and…
Kenyan logistics startup Bwala Africa Group secures over $200k in funding
Nairobi-based last-mile logistics startup Bwala Africa Group has secured a loan of 24-million Kenyan Shillings ($238 000) from Kenyan bank CFC Stanbic. The startup, which launched…
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