Ghanaian Fido Solutions, Raises $30 Million to Expand its Fintech Solution Across Africa
Ghanaian fintech startup, Fido Solutions, has raised $30 million in equity investment and an undisclosed debt funding, totaling a whooping $38 million.
Nigerian Healthtracka raises $1.5 million to expand medical diagnostics
Healthtracka, is a Nigerian digital health platform startup. It has raised $1.5 million in pre-seed funding for medical diagnostics
Shoprite Cyber Attack: RansomHouse Claims Responsibility
RansomeHouse posted messages on their Telegram channel claiming that it has successfully obtained 600 gigabytes of data from Shoprite.
ESET To Sponsor CSEAN’s Cyber Secure Nigeria 2022 Conference
ESET, a global cyber security firm with high-performing, easy-to-use solutions is a major sponsor for this year’s Cyber Secure Nigeria 2022, organized by the Cyber Security Experts Association of Nigeria (CSEAN).
Seed Funding: Khazenly, an Egyptian warehousing and fulfillment platform raises $2.5M
Khazenly, an on-demand digital warehousing and fulfillment management platform that provides an omnichannel solution to help merchants digitize their businesses has raised $2.5million in seed funding.
Kenya Startups: Jumba bag’s $1M will help simplify B2B purchase and financing of construction materials
Jumba has secured a $1 million pre-seed funding to kickstart the revamping of its technology and facilitate the expansion of the brand across markets in major cities across Kenya.
Cairo Angels Invest $150-$250k In Nigerian Fintech Credpal
Cairo Angels Syndicate Fund (CASF), an Egyptian-based micro venture capital fund that invests in early-stage startups in the Middle East and Africa, has announced its $150-$250k investment in Nigeria’s Fintech CredPal.
Telegram Set To Introduce Paid Subscription For Users From Next Month
Telegram, a cloud-based mobile and desktop messaging app is set to begin subscription packages for its services from next month.
The Rise of Digital-Only Banking in Africa
Digital-only banking is gradually taking over the African financial space. These days many people enjoy easy access to everyday banking activities via a computer or mobile device. But first, who remembers the good days of collecting a penned down ‘number’ and scrambling for seats before carrying out bank transactions? Well, that doesn’t happen anymore or […]
Microsoft Announces 13 African Startups to Participate in Scale-up Accelerator Program In Partnership With GreenHouse Capital
Microsoft in partnership with GreenHouse Capital, has selected 13 startups across East and West Africa to actualize their initial announcement; supporting 10,000 start-ups in Africa over the next 5 years. With this in mind, Microsoft alongside its partner has selected 13 startups for its current edition of Scale-up Accelerator Program. Subsequently, the selected 13 startups […]
