In Brief: Lagos-based Payment Startup OPay Raises US$120M Series B Round
Global Payment Firm Visa Plans US$200M Stake in Nigeria’s Interswitch
November 11, 2019Visa, a global payment firm is reportedly planning to invest US$200 million in Interswitch, a Nigerian-based...
UK Sets Up US$13M FinTech Fund for Kenyan Startups
October 18, 2019The UK has announced a US$13 million fund to support FinTech startups in Kenya. The fun...
Bwala Africa Pens Deals With Europe-based Tech Firm, Seeks Series A Round Investment
October 3, 2019Bwala is seeking series A funding for commercial growth after closing a deal with tech investors...
SWVL, Little Shuttle Face Regulatory Headwinds in Kenya as Services Get Suspended
September 30, 2019The National Transport and Safety Authority in Kenya has suspended SWVL and Little Shuttle from operating...
AWARD, Agropolis Inaugurates First cohort of One Planet Fellowship, a US$19.2M Initiative for Agri-Scientists in Africa, Europe
September 25, 2019AWARD, Agropolis Inaugurates First cohort of One Planet Fellowship, a US$19.2M Initiative for Agri-Scientists in Africa,...
Andela, Backed by Over US$181M in VC Lays Off Over 400 Staff Across Africa
September 17, 2019Tech talent startup, Andela has announced plans to lay off over 400 staff across Kenya, Uganda, and...
Vodacom Tanzania Invests US$150,000+ in New Accelerator to Support Early-Stage Startups
September 11, 2019Vodacom Tanzania Plc and Smart Lab have launched “Vodacom Digital Accelerator,” a program that intends to...
ABAN, AfriLabs Launch Catalyst, a New Investment Fund for African Startups
September 7, 2019ABAN and AfriLabs have partnered to launch Catalyst, a fund to support the African start-up ecosystem and...
WEF Launches The Africa Growth Platform to Spur African Startups into International Markets
August 30, 2019A new World Economic Forum initiative, the Africa Growth Platform, has been launched with the goal...
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