Rise Stops Virtual Card Service Over Fluctuating Exchange Rate

September 25, 2024
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Rise stops virtual card service over fluctuating exchange rate and provider issues. The fintech said that

AI Set to Boost Africa’s Economy by Over $30 Billion

September 25, 2024
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According to a new report, titled, AI set to boost Africa’s economy by over $30 billion

Clean-tech startup, Kofa raises $5 million funding via SPV

September 24, 2024
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Ghanaian clean-tech startup, Kofa raises $5 million funding via SPV. Kofa Technologies is a leading Ghanaian

Zeno Raises $9.5 Million to Take on Ampersand and BasiGo

September 24, 2024
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Zeno raises $9.5 Million to take on Ampersand and BasiGo. Zeno, a startup founded by Tesla

Foodpreneurs Hub Secures $500,000 Pre-seed to Tackle Food Insecurity in Africa

September 19, 2024
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Nigerian-founded foodtech platform, Foodpreneurs Hub secures $500,000 pre-seed to tackle food insecurity in Africa. The company didn’t name

Meta Launches Teen Accounts with Protections on Instagram

September 18, 2024
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Meta launches teen accounts with protections on Instagram, coming to other platforms next year. This include

US-based Sultan Ventures Acquires Egypt’s Acasia Group

September 17, 2024
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US-based Sultan Ventures acquires Egypt’s Acasia Group, a multi-incubator operator and angel investment syndicate. The undisclosed

Xero Acquires South Africa’s Syft for $70 million

September 17, 2024
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Global accounting software firm, Xero acquires South Africa’s Syft, a cloud-based reporting and analytics platform, in a

TymeBank Gets $9.5M Investment Amid 59% Deposit Growth

September 17, 2024
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TymeBank gets $9.5M investment amid 59% deposit growth and improved merchant credit from African Rainbow Capital

Nigeria’s Federal Government Dismisses System Breach Reports

September 17, 2024
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Nigeria’s federal government dismisses system breach reports in Nigeria’s Integrated Personnel and Payroll Information System (IPPIS).  The statement,