South African financial technology firm, Tyme Group, has successfully raised $250 million in a Series D funding round, elevating its valuation to $1.5 billion. This investment signals a resurgence
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FlapKap, a fintech platform based in Abu Dhabi, has secured $34 million in pre-Series A funding, bringing its total funding to $37.6 million. The round was led by BECO
AFC has mobilised over US$200 million in investments in DRC across its key sectors of natural resources, power, transport, and heavy industries, holding an investment pipeline of over US$850
The World Bank has announced a significant commitment to Zambia’s digital development with a $100 million investment. The initiative, called the Digital Zambia Acceleration Project (DZAP), aims to bridge
Egyptian fintech company Connect Money has secured $8 million in a seed funding round, positioning itself as a leader in North African embedded finance. The round was led by
African unicorns have made big news in recent months, with four startups having recently reached a $1 billion valuation or more this year alone, taking the total up to
With the rate of technology adoption continuing to accelerate, and Africa steadily producing a wave of technology giants, with Nigeria’s Flutterwave becoming Africa’s most recent tech Unicorn, now truly is an incredible
Connectivity in Africa is becoming ubiquitous, with mobile and other technologies facilitating efficient and secure means of doing business. Furthermore, a rising smartphone penetration rate; a vibrant, youthful population
As one of South Africa’s most active Venture Capital investors, HAVAÍC says 2020 saw the commercial adoption of technology increase at unprecedented rates, as illustrated by the performance of HAVAÍC
The company planned to raise $613,000 in exchange for 7.67% equity but exceeded expectations in its latest crowdfunding campaign hosted on the Seedrs platform. Eversend, commonly referred to as Africa’s Neobank becomes the latest African startup to raise $1.015
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