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Injaro Investment Advisors, a leading Ghanaian private capital fund manager, has made a significant equity investment of US$2 million in Zeepay Ghana Limited's Series A.5 round. Zeepay, a wholly-Ghanaian-owned mobile finance service provider, specializes in cross-border payments and mobile money services across Africa and the Caribbean. This strategic investment...
Bank of Ghana raises alarm over 97 Illegal loan apps: Protect yourself from unregulated lenders! The Bank of Ghana (BoG) has issued a cautionary statement to the public regarding the usage of 97 illegal mobile apps primarily found on the Google Play Store. These apps have been offering loans...
New investment program targets up to 30 underrepresented entrepreneurs in underserved sectors and geographies across Africa. Flourish Ventures, a global venture capital firm investing in mission-driven fintech entrepreneurs, announced the launch of affiliate Madica, a structured investment program for pre-seed-stage technology companies in Africa. Aiming to serve mission-driven and under-represented founders,...
800 million people across sub-Saharan Africa are not Internet users due to various barriers to connectivity. To address these barriers, Facebook is investing in initiatives across the entire connectivity value chain....
Venture funding in the first quarter of the year for African startups reached $350 million according to data from Briter Bridges, a tech ecosystem data consultancy. South Africa, Nigeria, Kenya and Egypt topped the funding charts. These 4 countries also received the largest share of funding in the whole...
Even though Rwanda’s entrepreneurial ecosystem remains young, this article explores Rwanda’s fast-track development agenda for it’s innovation and technology sectors. The conventional narrative about the last three decades of Rwanda’s socio-economic history unfolds this way: A small, landlocked country with a troubled past has turned the engine on under...
Lawyer and Entrepreneur Advisor, Moe Odele shares on how to raise capital as a startup / entrepreneur operating from Nigeria....