- MALY, a Dubai-based financial wellness platform, has announced the successful conclusion of its pre-seed funding round, securing an investment exceeding $1.6 million to grow its automated savings app and its bank-linked card. The fintech startup secured the funding via a group of leading GCC-based…
- SeekMake, a Tunisian startup founded by Adel Ayari, has recently secured a substantial investment of 500,000 euros (539,000USD). This funding has been acquired in the form of a deal divided into three parts, after a year-long process. The investor behind this funding is Lafayette Group, a prominent…
- Hewlett Packard Enterprise (HPE) operated by Selectium has entered into a partnership with Mitsumi Distribution in a strategic move to expand market share and boost revenues. The corporation between the two industry leaders promises to deliver groundbreaking solutions to enterprises in the region…
- Iveda, the global solution for cloud-based AI video and sensor technologies, has announced a new partnership with The Arab Organization for Industrialization (AOI) to support and scale smart city developments in Egypt. Granted with a security certification from the Egyptian Military Intelligence,…
- MoMo Payment Service Bank (PSB) and Saana Capital, an international cross-border company with a licence from the Central Bank of Nigeria (CBN), have partnered to enable bill payment services and seamless inbound and outbound transfers throughout Africa. Inbound and outbound services enable you to…
- Diamond Trust Bank (DTB) has partnered with Boya, a leading technology provider, to launch a virtual expense card which will help businesses to manage their payments and expenses with one solution at zero fees. As part of DTB’s digital transformation strategy, the introduction of Banking as a…
- IBM is expanding its collaboration with Microsoft to help joint clients accelerate the deployment of generative AI – and deliver a new offering that will provide clients with the expertise and technology they need to innovate their business processes and scale generative AI effectively. With this…
- On the back of successfully serving African migrants in Canada and the UK, LemFi has raised $33 million in Series A funding to simplify remittance payments for immigrants globally. The round was led by Left Lane Capital. Other investors included Y-Combinator, Zrosk, Global Founders Capital, and…
- Google has announced the launch of a new accelerator program to support Artificial Intelligence (AI) startups in Africa. The “Google for Startups Accelerator: AI First”, initiative seeks to recognize startups keen on delving into AI’s possibilities across the continent. It also seeks to highlight…
- Pan African Bank Ecobank Kenya Limited has partnered with AMREF Flying Doctors to offer Maisha Membership; an air and ground ambulance scheme to the Bank’s clientele. Under this partnership, Maisha membership will provide the Bank’s customers with convenient access to fast, affordable, and quality…
- The competition regulator in Kenya has given Moniepoint Inc. the green light to acquire Kopo Kopo, a Kenya-based company offering payments services and credit to businesses. Following the approval by Competition Authority of Kenya (CA), Moniepoint (formerly TeamApt) will expand its services to…
- Kentegra Biotechnology was founded in 2017 and has quickly grown to become the leading pyrethrin producer in Kenya. Finnfund, the Finnish development financier and impact investor, and the United States International Development Finance Corporation (DFC), a development finance institution and…
- African Infrastructure Investment Managers (AIIM), An African infrastructure private equity manager, and N+ONE DATACENTERS (N+ONE), a African data center owner and operator, are joining forces to develop a new Pan-African data center and cloud services platform with a short-term target capacity of…
- Zanifu, a Kenyan fintech providing inventory financing to micro, small and medium-sized businesses, has raised $11.2 million in debt-equity funding in a pre-Series A round led by Beyond Capital Ventures and Variant Investments. Founders Factory Africa, AAIC Investment, Google Black Founders Fund…
- Football club Paris Saint-Germain and Yassir, the Super-App offering on-demand and payment services in North Africa announced the signing of a global partnership for three seasons with the aim of further developing the Yassir brand on the international stage. The Yassir online marketplace, which…
- A new multi-stakeholder partnership to advance labour and human rights, decent jobs and fair and adequate incomes and wages within the agri-food sector has been formed by the International Labour Organization (ILO), the International Fund for Agricultural Development (IFAD), and CARE International…
- Webb Fontaine, a global player in trade technology solutions, has partnered with Kenya National Electronic Single Window System Operator, State Agency, known as Kenya Trade Network Agency (KenTrade), to revolutionize the Kenyan logistics landscape with the Digital Logistics Market Place (DLMP). The…
- Syrex, a provider of hyperconverged cloud technology solutions in South Africa announced a strategic partnership with Seceon, a global provider of the most advanced AI/ML-driven cyber threat detection and remediation platform for enterprises and managed security service providers, to provide…
- To help strengthen credit reporting and access to finance in South Africa through innovative digital solutions, IFC, in partnership with the Government of Japan and the National Credit Regulator (NCR), have announced a TechSprint week for creative South African startups, tech companies, innovators…
- In an unparalleled move to uplift the driving conditions of the ride-hailing community, inDrive, a global leader in mobility and urban services headquartered in California, USA, has generously distributed top-notch car seat covers across Africa. Representing an investment of over 7 million million…
- Medical technology company Siemens Healthineers has joined IFC’s Africa Medical Equipment Facility (AMEF) to make medical imaging and cancer care equipment more affordable on the continent. Siemens Healthineers’ participation in the AMEF will help smaller healthcare companies in Kenya and Côte d’…
- The Eastern and Southern African Trade and Development Bank (TDB) Group is extending USD 30 million under a securitization structure that will mobilize USD125 million in funding for d.light to expand access to clean energy and foster financial inclusion through the delivery of Solar Home System (…
- Ghana’s Oyster Agribusiness, an agricultural enterprise that employs significant levels of tech and works closely with smallholder farmers, has raised US$310,000 in grant and debt funding to propel its mission of sustainable agriculture, gender inclusion, and talent management. Founded in 2018, …
- Paymentology, a global issuer-processor has announced its partnership with Kenyan fintech Boya to simplify expenses for corporates in the country. Together with Kenyan tier 1 Bank, Diamond Trust Bank, and Paymentology, which connects Boya to Visa through its card issuing platform and provides…
- Termii, Africa’s leading customer engagement platform, and Truecaller, the leading global communications platform for verifying contacts and blocking unwanted communication, have joined forces to revolutionize business communication across the continent. The partnership aims to fortify the…
- The Lagos State Planning and Environmental Monitoring Authority (LASPEMA) has officially signed a Memorandum of Understanding (MOU) with eTranzact PLC to curb unregulated development within incidental open spaces in the State. The event which took place at the Conference Room of the Ministry of…
- In 2010, the concept of a co-creation hub was born. But it didn’t become a running horse till September 2011. In September, it became a real thing – a social innovation centre at 294 Herbert Macaulay Yaba. Since then, it has been an open lab where people work together to use social skills and…
- Mastercard has agreed to purchase a minority stake in the fintech division of MTN Group, Africa’s largest cell phone provider, which it values at $5.2 billion. The signing of the formal investment agreements will likely occur very soon as both parties near the end of the regular due diligence…
- Founders Factory Africa has secured an additional US$114 million in funding from Mastercard Foundation and Johnson & Johnson to scale its model to better serve founders across the African tech ecosystem. Founders Factory, which originally launched in London in 2015 and has already built more…
- Kenyan startup Ed Partners has secured US$1.5 million in debt funding from social impact investor Oikocredit to provide affordable financing to private schools. Founded in 2018 by Lydia Koros and David FitzHerbert, and currently led by CEO Amos Mwangi, Ed Partners provides financing options for…
- Enza’s innovative Payment Orchestration will enable Wema Bank to provide secure and reliable payment options at a reduced cost. enza, the acclaimed new disruptor in the African payments market today announced its strategic partnership with Nigeria’s most innovative bank, Wema Bank. Through this…
- The co-investment fund Catalytic Africa, established in 2019 by the African Business Angels Network (ABAN) and AfriLabs, made three investments totalling EUR174,000 (US$191,000) in startups from Cameroon, DRC and Kenya in June and July. The partnership between AfriLabs, a pan-African network of…
- Nigeria’s mobility fintech company Moove, Uber’s largest vehicle supply partner in EMEA, has announced a further US$76 million in funding to fuel further global expansion. Founded in 2019 by British-born Nigerians Ladi Delano and Jide Odunsi, Moove is democratising vehicle ownership in Africa by…
- South African VC firm Knife Capital has reached final close of its US$50 million African Series B expansion fund, Knife Fund III. The Cape Town-based Knife Capital is a venture capital and growth equity investment manager focusing on innovation-driven ventures with proven traction. By leveraging…
- Buguard, the Cairo-based offensive security and dark web monitoring company, has raised US$500,000 in seed funding to power its expansion into the GCC region. Founded by Youssef Mohamed in 2021, Buguard offers offensive security services including penetration testing and vulnerability assessment,…
- Egyptian AI recruitment startup Talents Arena has raised a US$750,000 pre-seed round of funding to power its expansion into Saudi Arabia. Founded in 2019 by Aya Elgebeely, Talents Arena has developed an AI-powered recruitment platform featuring a talents mining engine and automation features. So…
- Airtel Africa and Mastercard announced the launch of a new cross-border remittance service in partnership with Mastercard, which will enable Airtel subscribers across 14 African markets to send and receive money safely and securely, with speed and certainty. This innovative service will be rolled…
- EMURGO Africa, the Africa and Middle East-focused venture arm of EMURGO, a prominent founding entity behind the Cardano blockchain, has invested USD 250,000 in Changeblock. This investment marks EMURGO Africa’s commitment to supporting and promoting innovative blockchain-based solutions in the…
- Social impact investing cooperative Oikocredit is entering into partnership with Witti Finances in Côte d’Ivoire to support the microfinance institution in its provision of financial services in underserved Ivorian communities. Based in Abidjan, Côte d’Ivoire’s largest city, Witti Finances Côte d’…
- As part of the implementation of the ECOWAS Regional Strategy of Youth employment in Agro Sylvo-Pastoral and Halieutic Sector, the President of the ECOWAS Commission, H.E. Dr. Omar Alieu Touray signed grant agreements with 25 Centers among which 10 special Agriculture Training Centers; 6 National…
- Nigeria’s Zenith Bank has signed a Memorandum of Understanding (MoU) with the African Continental Free Trade Area (AfCFTA), to develop the SMARTAfCFTA portal. The SMARTAfCFTA portal is an initiative of the bank to digitalise trade, according to the Secretary-General of the AfCFTA Secretariat,…
- Cairo-based startup Grinta, a fintech-enabled B2B tech platform digitising the pharmaceutical supply chain, has acquired Alexandria-based online pharmacy Auto-Cure to expand its footprint in the country. Founded in 2021 by Mohamed Azab, Yosra Badr, Ali Youssef, and Hamza Mohamed, Grinta is a…
- Verve International (owned by Interswitch Group), the largest domestic card scheme in Africa, has partnered with Google to enable users in Nigeria to make payments on Google Play Store in Naira. Under this new arrangement, Google will process Verve transactions within Nigeria. These transactions…
- Mastercard has entered a strategic partnership with the Empresa Interbancária de Serviços S.A (EMIS) to roll out a co-branded contactless card with EMV technology to boost the digital economy and accelerate digital transformation in Angola. Also known as the Interbank Service Company, EMIS is the…
- Over 200 young techies from different learning institutions across Nyanza region have benefitted from the Communications Authority of Kenya (CA) Cybersecurity Bootcamp and Hackathon series 2023 program held in Kisumu. The joint initiative with Huawei and the Kenya Cybersecurity and Forensics…
- ExodusClouds, a global pioneer in cloud connectivity, has partnered with Epsilon Telecommunications, a global interconnectivity provider, to boost its global connectivity offering for enterprises across multiple industry verticals. ExodusClouds will serve enterprise customers across the…
- Mastercard has announced a strategic partnership with Kenyan Buy Now, Pay Later (BNPL) company Lipa Later to accelerate the expansion of BNPL payment services in Africa. The partnership is expected to unlock new opportunities for consumers and merchants by providing tailored BNPL solutions and…
- South African personal finance companion FinMeUp has raised an undisclosed amount of funding it says will help it enhance its user experience and scale operations. FinMeUp offers a comprehensive range of solutions including an education platform, financial advisory, investments, insurance, and…
- However, when structures are put around this concept, the terminology changes into angel investing. This is so because you are risking your finances for either an idea or your cousin, and betting that the deal or the start-up will survive after your support.
The post 3 Ways Women Can Start Angel…
- Angel investing is one way to create the future we want for our daughters, our sons, for the next generation because we all want to live in an equitable world. Seasoned angel investors like Biola can help founders, who are mostly young people, understand and navigate sensitive issues like sexual…
