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Dash, a Ghanaian payment platform has secured $32.8 million in an oversubscribed seed round led by various partners. A Ghanaian unified and accessible payments app, Dash has raised $32.8 million in an oversubscribed seed round headed by Insight Venture Partners, global private equity and venture capital firm based in... -
Africa’s largest economy, Nigeria has launched the continent’s first digital currency, the e-Naira issued and regulated by the Central Bank of Nigeria. Nigeria, Africa’s largest economy, has introduced the e-Naira, the continent’s first digital currency. They join a select group of countries around the world that have adopted the... -
Sendbox, a Nigerian peer-to-peer delivery platform for social commerce, has secured $1.8m in a seed funding round to scale operations. A Nigeria-based e-commerce fulfillment platform for merchants in Africa, Sendbox has today announced the completion of a $1.8 million seed round from investors including 4DX Ventures, Enza Capital, FJLabs... -
Cameroon Financial services platform Ejara has raised a seed round of $2 million led by Coinshares Ventures and Anthemis Group, the company said Thursday. Other investors include Mercy Corps Ventures, Lateral Capital, LoftyInc Capital Management and NetX Fund, and a group of angel investors including CEO of Ledger Pascal... -
Facebook has placed the creation of a kids’ version of Instagram, aimed at youngsters under the age of 13, on hold in order to address concerns about the vulnerability of younger users. Facebook stated on Monday (Sept. 27) that it is delaying the launch of Instagram Kids, a version... -
Gabon’s National Pharmaceutical Office (OPN) has signed a technical partnership agreement with mPharma, a renowned Ghanaian company in the public health sector. The National Pharmaceutical Office (OPN), a public purchasing center for medicines and other health products, recently placed under the management of the Gabonese Strategic Investment Fund (FGIS),... -
Quartz Africa Innovators 2021 is the sixth edition of a series that identifies some of the most ambitious and imaginative minds on the continent. This year’s list focuses on female artists, activists, investors, and entrepreneurs whose innovations are helping their communities, countries, and the continent through a challenging period.... -
pawaPay originated as part of the payments of pawaTech, a UK software company with more than a decade of experience building Mobile Money solutions for African markets. In early 2020, pawaPay was spun out as a standalone business with the backing of the investors behind pawaTech. Today, pawaPay is already... -
Nigerian mobility startup, Plentywaka has raised $1.2 million in seed funding after successfully completing the Techstars Toronto Accelerator Program in July 2021. Stabus, a Ghanaian mobility startup, was also fully acquired by the startup. Isidore Kpotufe founded PlentyWaka in 2019 as a bus-hailing solution that allows commuters to book...