SendSpend, an app that lets users without bank accounts or cards send and receive money, has officially launched in South Africa. The payment solution…
SA fintech group secures $15-million in funding
Joburg-based fintech group Adumo has received $15-million in funding from IFC, a member of the World Bank Group, and the IFC Financial Institutions Growth…
SA’s JUMO, Retail Capital, Mauritius-based 4G Capital honoured at Global SME Finance Forum Awards [Updated]
UPDATE (16 October): We forgot to include another African company, SA fintech Retail Capital, which was placed second in the for its innovation in…
BECO Capital closes $100m MENA-focused tech startup fund
Dubai-based early-stage venture capital (VC) firm BECO Capital has announced it has closed a capital raise for a $100-million Middle East and North Africa…
IFC invests $1m in Flat6Labs Tunisia’s Anava Seed Fund to support women entrepreneurs
The World Bank’s International Finance Corporation (IFC) has announced that it is investing $1-million in Flat6Labs Tunisia’s Anava Seed Fund. IFC said in a…