South African fintech Franc raises $300,000 in seed funding
The funds raised are a part of its major round of seed investment...
Tag : Africa
Egypt approves 691 green projects for FY 2020/21
30% of Egypt’s investment will be implemented as per environmental sustainability and green economy concepts...
Africa sees surge in mobile money as pandemic continues
Mobile money is helping African nations curb the spread of Covid-19 by limiting the usage of physical cash...
MFS Africa acquires Beyonic to bridge digital payments for African SMEs
Beyonic is a digital payments management provider for SMEs and fintechs across Africa...
Kenya attracts venture capital deals worth Sh74.3 billion
South Africa ranks first recording deals worth Sh795 million...
Nigeria anticipated to hit its worst recession in four decades: World Bank
The IMF and the World Bank anticipate the Nigerian economy to slip into recession impacting its lenders at a large scale...
South African fintech Planet42 secures $2.4 mn funding
The startup will use the funds to expand its portfolio of vehicles...
Egyptian healthtech Chefaa secures pre-Series A funding
The funding round was led by 500 Startups, Vision Ventures, Womena, and few other investors...
Petroleum dealers in Africa hoard fuel products
The Energy and Petroleum Regulatory Authority has issued a warning with financial penalties, jail terms and permanent revocation of licences...
DIFC invests in four startups as part of $100 million fintech fund
The authority seeks to support companies looking to expand into the Middle East, Africa and South Asia...