Peach Payments, a South African digital payments provider has acquired Operativa, a customer software development firm, as part of its expansion strategy. This marks the… Read More »Peach Payments Acquires Operativa to Boost Expansion
BasiGo Rwanda has received a $225,000 recoverable grant from Ireme Invest. This funding will help upgrade its charging infrastructure for its growing fleet of electric… Read More »BasiGo Rwanda Secures $225,000 Grant for Charging Upgrades
Airtel Zambia and Zambia Industrial Commercial Bank Limited (ZICB) have signed a Memorandum of Understanding (MoU). Their partnership aims to enhance the business environment for… Read More »Airtel Zambia and ZICB Join Forces to Boost Internet Access for SMEs
African remittance startup Nala has raised $40 million, making it one of the largest Series A rounds in Africa. This funding follows a $10 million… Read More »Nala Secures $40 Million in Series A Funding
Minka, a fintech startup from Colombia, has announced plans to expand to Kenya, Tanzania, Ethiopia, Malawi, Zambia, Burundi, Uganda, and Mozambique. The company aims to… Read More »Colombian Fintech Minka Expands to Eastern and Southern Africa
The African Development Fund, part of the African Development Bank Group, has approved a $14.04 million grant for Guinea. This supports the Industrial Development and… Read More »African Development Fund Grants Guinea $14.04M for Industrial and SME Development
Pyypl, a fintech firm in the Middle East and Africa (MEA), has announced a major partnership with Visa. This collaboration allows Pyypl to issue both… Read More »Pyypl Partners with Visa to Expand Financial Services in MEA
Ukheshe has officially rebranded to EFT Corporation, combining Ukheshe’s innovative digital solutions with EFT Corporation’s expertise. This change aims to establish the unified brand as… Read More »Ukheshe Rebrands as EFT Corporation to Lead Financial Inclusion in Africa
Elevate, a fintech company based in San Francisco, London, and Dubai, has secured $5 million in a pre-Series A round. Negma Ventures, a Dubai-based investment… Read More »Elevate Secures $5M to Expand into South Africa, Turkey, The Middle East
Kenya’s President, Dr. William Ruto, has announced an investment of $100 million in three major African financial institutions. He announced this during his address at… Read More »AfDB 2024: Kenya Pledges $100M to Support African Financial Institutions