• Stanbic Bank & GIZ Partner For “NextGen Ghana Fintech Accelerator”.

    Stanbic Bank and GIZ have entered into a partnership to help fast-track their journey towards scalable and sustainable, impact-oriented ventures. Stanbic Bank and the “Make-IT in Africa” tech entrepreneurship initiative by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH have entered into a partnership to help fast-track their journey towards commercially scalable and...
  • Sendbox Raises $1.8 Million to Digitize Deliveries For African SMEs.

    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...
  • Ghana’s mPharma To Launch 100 Virtual Centres Across Africa

    MPharma, a Ghanaian health IT business, plans to create 100 virtual centres in seven African regions to deliver quality primary care in the communities they serve. MPharma, a Ghanaian health tech startup, is set to open 100 virtual centres across seven markets in Africa over the next six months....
  • Cameroon’s Ejara raises $2M To Offer Crypto In Francophone Africa

    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...
  • Startup Funding: Andela Announces $200M Investment Led by SoftBank.

    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...
  • 31 African startups selected for Smart Cities Innovation Programme

    Thirty-one African digital innovation startups have been chosen to participate in the Smart Cities Innovation Programme taking place in Kigali, Rwanda. Thirty-one African tech startups have been selected to take part in the Smart Cities Innovation Programme, which will help them scale up their products and services to boost...
  • Facebook to postpone the rollout of Instagram for Kids.

    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...
  • Meet Africa’s New Generation of Health Innovators.

    The Africa Young Innovators for Health Award is IFPMA and Speak Up Africa’s flagship programme to provide young entrepreneurs in the healthcare sector an opportunity to develop their business ideas and advance promising solutions to support, equip, protect, and train healthcare workers. Applicants must be 18 to 35 years and be...
  • Fintech: pawaPay Closes on Seed Funding of $9M co-led by MSA, 88mph and Others.

    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...