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

Telecom MTN Looks for Investors in FinTech Unit

Telecom MTN Looks for Investors in FinTech Unit
Telecom MTN Looks for Investors in FinTech Unit
March 09, 2022  |  Investments

South African telecom MTN is looking for minority investors for its FinTech unit after separating it from its traditional business to capitalize on the division’s...

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Africa’s VC Ecosystem: Lack Of Seed-Stage Funding, Tough Landscape For Female Tech Founders
Africa’s VC Ecosystem: Lack Of Seed-Stage Funding, Tough Landscape For Female Tech Founders
March 01, 2022  |  Investments

A lack of seed investments continues to prove a challenge in Africa’s venture capital space, despite increasing signs of improvement in recent years. In 2019...

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African FinTech Lipa Payments Expands Digital Payment Offerings
African FinTech Lipa Payments Expands Digital Payment Offerings
February 22, 2022  |  Payment Methods

South African FinTech company Lipa Payments is bringing its Tap to Pay offering to Africa’s so-called informal sectors through its software platform, which allows merchants...

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African B2B Commerce Platform MarketForce Raises $40M in Series A
African B2B Commerce Platform MarketForce Raises $40M in Series A
February 22, 2022  |  Investments

Business-to-business (B2B) commerce startup Marketforce raised $40 million in a Series A funding round to help the company grow its platform for retail distribution of...

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Nigerian FinTech Earnipay Nets $4M in Seed Funding for On-Demand Pay
Nigerian FinTech Earnipay Nets $4M in Seed Funding for On-Demand Pay
February 17, 2022  |  Investments

FinTech on-demand salary access provider Earnipay has closed a $4 million seed round, the Nigerian company announced Thursday (Feb. 17). Get the Full Story Complete...

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Flutterwave Raises $250M Series D at $3B Valuation
Flutterwave Raises $250M Series D at $3B Valuation
February 16, 2022  |  Investments

Flutterwave, one of the leading technology companies in pan-African payments, closed a $250 million Series D funding round, upping the startup’s value to an estimated...

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Google’s CEO: Africa on Brink of ‘Digital Transformation’
Google’s CEO: Africa on Brink of ‘Digital Transformation’
February 07, 2022  |  International

Google CEO Sundar Pichai, addressing the African Union Summit Business Forum Monday (Feb. 7), said the continent is moving toward a digital transformation. Get the...

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Transtura Acquires FinTech Startup WazoMoney
Transtura Acquires FinTech Startup WazoMoney
February 07, 2022  |  Acquisitions

Nigerian ride-hailing and shared mobility startup Transtura on Monday (Feb. 7) finalized the acquisition of FinTech payments startup WazoMoney as part of a plan to...

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Mobility FinTech Moove Closes $10M Financing from NBK Capital
Mobility FinTech Moove Closes $10M Financing from NBK Capital
February 01, 2022  |  Investments

Mobility FinTech Moove closed a $10 million financing facility from NBK Capital Partners Mezzanine Fund II to help the startup expand across West Africa and...

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