Business
Business news, announcements, funding, reports, in-depth graphs and much more to help you understand the world better
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Startups
FSD Africa invests £3 Million in Kenya’s IMFact Quick Finance Company
FSD Africa Investments (FSDAi), the investing arm of FSD Africa, has announced a £3m investment into IMFact.
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Startups
SweepSouth, home services startup, announces acquisition of Egyptian start-up, Filkhedma
The acquisition means that SweepSouth will be one of a few African start-ups operating in the continent’s four key tech…
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Announcements
KEMSA introduces Electronic Proof of Deliveries App
KEMSA's e-POD application has GPS capabilities to ensure commodities are delivered to the correct health facilities, and also has a…
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Startups
Trove Finance Share Dealing App wins 2021 Ecobank Fintech Challenge
Trove Finance’s app enables African-based financial institutions and individuals to buy, sell and trade any publicly traded equity, bond or…
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Startups
Wowzi, Kenya’s Influencer Marketing Startup, closes $2 Million Seed
Wowzi, an influencer marketing platform, has announced it has successfully closed a $2 million seed round that will see it…
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Startups
Nigeria’s Startup Bill is set to Unlock Huge Digital Potential
The Bill will ensure regulatory support as Nigeria continues to attract hundreds of millions of dollars of international investment.
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News
AfDB to invest $170 million in Nigerian Startups
The Board of Directors of the African Development Bank (AfDB) has approved a loan of $170 million to finance a…
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Startups
Moove Mobility Fintech Expands to Kenya; Partners with Uber, Lori & Sendy
Moove provides asset-backed vehicle financing by embedding its alternative credit-scoring technology onto ride-hailing and e-logistics platforms.
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Announcements
Equity Bank DRC launches Mentorship and Leadership Program
The Equity Leaders Program, which is one of the programs under the Education and Leadership Development pillar has launched in…
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News
2021 Year in Crypto Review; A lot of Firsts!
The world of crypto in 2021 was buoyed by a number of high profile institutions and businesses investing in crypto…
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News
Standard Chartered unveils Co-shared Space Banking Model with ArtCaffe
Standard Chartered Bank on Thursday announced its first co-shared space with ArtCaffe. The space is at Britam Centre, Upper Hill…
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Startups
CinetPay inks $2.4 million Seed from Flutterwave
CinetPay has announced a $2.4 million seed funding raised from 4DX Ventures and Flutterwave.
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Startups
Nigeria’s Payroll and HR Company, Bento, is expanding to Ghana, Kenya & Rwanda
Bento, a Nigerian tech platform redefining payroll, human resource management, and employee benefits has announced its launch into three new…
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Startups
Kwara & Workpay to offer HR & Payroll services to SACCOs
The companies say the partnership is a strategic initiative to drive digitisation of SACCOs by leveraging both Kwara’s and Workpay’s…