South Africa’s VALR Adds 500k Users to Reach 1 Million Users This Year
South Africa’s VALR, the largest crypto trading platform in Africa by trade volume, doubled its user
Egyptian Insurtech Startup Amenli Raises $1m to Fuel Growth
Egyptian insurtech startup Amenli raises $1m equity funding round to help it expand its team, further
Nigeria’s Shyft Power Solutions Acquired by UK’s SteamaCo
Shyft Power Solutions, a Nigerian innovator in digital energy solutions that has gained popularity with its
Egyptian Supply Chain Startup Qara Raises $2.6m
Egyptian supply chain tech startup Qara raises $2.6 million funding round to drive its expansion into
How Kenya’s ZOPA 254 is Helping African Retailers Reduce Stockouts
Kenyan startup ZOPA 254 helps African retailers reduce stockouts to maximise revenues, and minimise product expiries
Lendsqr Expands Operations into Kenya with Launch of a Loan Platform
LNigerian fintech startup specialising in loan management software, Lendsqr expands operations into Kenya with launch of
Zimbabwe Introduces Licensing for WhatsApp Group Admins
Zimbabwe introduces licensing for WhatsApp group admins, this new regulation will require them to obtain licences
Jumia Reports Revenue Drop in Q3 2024 But Sees Growth in Customer Engagement
Jumia reports revenue drop in Q3 2024 amid currency pressures but sees growth in customer engagement.
Currenzo Gets IMTO Licence from CBN to Ease Remittances for Nigerians
Nigerian subsidiary of global financial institution Africhange, Currenzo gets IMTO (International Money Transfer Operator) licence from
MTN Nigeria’s MoMo PSB to Get Dual Payment Licences
In a significant regulatory development, MTN Nigeria’s MoMo PSB to get dual payment licences in regulatory
