LemFi, a Canada-based fintech that allows Africans in the diaspora to send money back home and vice versa, has raised $33 million in a Series… Read More »LemFi Raises $33 M Series A Funding, Eyes Global Expansion
The Competition Authority of Kenya (CAK) has approved a move by Moniepoint, a Nigerian fintech company, to acquire a 100% stake in Kopo Kopo, a… Read More »Moniepoint Gets Nod to Acquire Kenyan Fintech Startup Kopo Kopo
Zanifu, a Kenya-based fintech company that provides financial access to SMEs in Africa, has secured $11.3 million in debt and equity funding. The Series A round… Read More »Kenya’s Zanifu Secures $11.2 Million Funding
Four startups from Africa have made it to the Norrsken 100 Impact list which highlights the world’s most promising startups every year. The list by… Read More »Four African Startups Selected for Norrsken 100 Impact
D.light, a worldwide supplier of household products and accessible finance for low-income families, unveiled a $30 million securitization arrangement, empowering the acquisition of receivable assets… Read More »D.light Secures $30 Million Funding to Expand Pay-Go Finance in Tanzania
MFS Africa, a financial services provider, and the largest mobile money hub in Africa has joined the ranks of African Hidden Champions (AHC). What’s more,… Read More »MFS Africa Joins Africa Hidden Champions
Termii and Truecaller have partnered to transform business communication throughout the African continent. Temii is a prominent customer engagement platform in Africa, and Truecaller is… Read More »Termii, Truecaller Join Forces to Transform Business Communication in Africa
The governments of the United States and the United Republic of Tanzania have introduced a fresh food security initiative called “Tuhifadhi Chakula” which translates to… Read More »US, Tanzania Launch $24M Initiative to Boost Food Security
The African Development Bank Group (AfDB) has signed an agreement with the transitional government in Guinea for a $28 million loan to support projects in… Read More »Guinea’s Transitional government, AfDB Sign $28 million Loan Agreement for Development
The African Export-Import Bank (Afreximbank) and international consultants Development Reimagined (DR) have partnered to facilitate the introduction and successful marketing of premium sustainable African brands… Read More »Afreximbank, Development Reimagined Partner to Promote Sustainable African Brands in China