Africa

Africa is the world's second largest and second most-populous continent. At about 30.3 million km² including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area. With 1.2 billion people as of 2016, it accounts for about 16% of the world's human population.

Source: en.wikipedia.org

Nigerian FinTech Grey Nets $2M for Cross-Border Payments
Nigerian FinTech Grey Nets $2M for Cross-Border Payments
August 29, 2022  |  Cross-border Payments

Nigeria-based FinTech Grey has raised $2 million in seed funding, toward its goal of simplifying the sending and receiving of foreign payments for Africans, a...

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Walmart to Delist Africa’s Massmart in Deal to Buy Out Retailer
Walmart to Delist Africa’s Massmart in Deal to Buy Out Retailer
August 29, 2022  |  Partnerships

Walmart has struck a deal to fully acquire Massmart and purchase the shares it doesn’t already own for 62 rand ($3.65) each, with the deal...

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How Lessons From Nigeria’s eNaira Rollout Can Guide Future of CBDCs in Africa
How Lessons From Nigeria’s eNaira Rollout Can Guide Future of CBDCs in Africa
August 25, 2022  |  CBDC

In its August monetary policy statement, the Central Bank of Zimbabwe (CBZ) announced that it has developed a “roadmap for adoption of CBDC [central bank...

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Uganda’s Telcos, Smartphone Ownership Drive Digital Inclusion in East Africa
Uganda’s Telcos, Smartphone Ownership Drive Digital Inclusion in East Africa
August 21, 2022  |  Technology

Internet access is the foundation of any digital economy. Without it, there can be no digital transformation, which explains why expanding coverage has been a...

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HealthTech GoMedii Targets Africa, Bangladesh to Boost India’s Medical Tourism
HealthTech GoMedii Targets Africa, Bangladesh to Boost India’s Medical Tourism
August 17, 2022  |  Healthcare

GoMedii, an Indian HealthTech startup, is looking at being an enabler for healthcare for overseas patients, a report from BioSpectrum said. The company plans to...

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UN to Debut $1B for African Tech Startups
UN to Debut $1B for African Tech Startups
August 17, 2022  |  Startups

The United Nations Development Programme (UNDP) will launch an initiative to mobilize and invest in new startups in Africa, a report from Business Day said....

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QED Investors Makes First African Investment in TeamApt
QED Investors Makes First African Investment in TeamApt
August 10, 2022  |  Investments

TeamApt, a Nigerian business payments and banking platform, has just closed a financing round that includes investments from the FinTech specialist venture capital firm QED...

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Drone Delivery Services Shape Africa’s Healthcare Space
Drone Delivery Services Shape Africa’s Healthcare Space
August 08, 2022  |  Healthcare

In the 21st century, autonomous flying vehicles known as drones have crossed over from science fiction to reality. Applications of drones include surveillance, filmography and...

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Social Commerce Unlocks Growth for Brands, FinTechs in Africa
Social Commerce Unlocks Growth for Brands, FinTechs in Africa
August 03, 2022  |  Social Commerce

From a socially oriented online phenomenon, Meta-owned platforms, Facebook, Instagram and WhatsApp, have grown to become a critical medium for doing business in emerging markets...

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