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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...
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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...
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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...
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Andela, which helps companies hire remote technology staff, has raised $200 million in new funding led by Softbank with participation from new investor Whale Rock. A global network for remote technical talent, Andela has revealed that it has raised $200 million in Series E funding, valuing the firm at...
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Vickie Remoe has been named as the brand ambassador of EziPaySL, a money transfer app that makes it easier for Sierra Leoneans in the Diaspora to send money home. Vickie Remoe, a TV host, writer, and podcaster, has been named a brand ambassador for EziPaySL, a money transfer service...
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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...
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A social commerce platform that connects people to sell, resell and buy products or bookings, Reselr has launched its services in Nigeria. reselr.com is a new online platform that makes it easy to sell anything you have quickly and securely. From one-time individual sales to full-time sales support for businesses...
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Digital payments have seen tremendous growth in the past couple of years. As of January 2021, 38.9 per cent of the population aged 15 years and older had a mobile money account in Ghana. The share of mobile money users has increased over the previous three years as Ghanaians...
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Appzone, the Pan-African fintech software announced the close of its $10mn Series A round from V8 Capital, Lateral Invest Partners & others. Led by CardinalStone Capital Advisers with participation from V8 Capital, Lateral Investment Partners, Constant Capital, and Itanna Capital Ventures, the new round will bolster investment in Appzone’s...