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Ukheshe & EFT Corporation Announce Market Shifting Fintech Transaction
Ukheshe International has acquired 100% of EFT Corporation Limited from parent Loita Transaction Services.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Tanzanian Health-Tech Startup Dawa Mkononi Secures Funding to Enhance Healthcare Access
Its mobile application enables pharmacies, clinics, and hospitals to efficiently order medicines, while fintech features provide a seamless payment system.
- Categories
- Finance, Health Care
- Region
- Sub-Saharan Africa
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Paymob and Tamara Join Forces to Revolutionise SME Payments in Gulf Cooperation Council Region
Paymob’s forte lies in its secure and versatile payments infrastructure, serving a wide range of merchants in the MENA region.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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AbbeyCross Raises $6.5 Million for Emerging Markets FX Platform
The firm says it can help clients reduce costs and delays, enhance transparency, and provide fair prices to their clients for emerging market payments.
- Categories
- Finance, Technology
- Region
- Global
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Report: Mobile Money Transactions in Kenya in 2023 Declined for the First Time in 17 Years
It remains uncertain whether the decline in mobile money transactions might impact Kenya's Gross Domestic Product (GDP) given that mobile money agents reportedly handle approximately 60% of the country's GDP.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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YC-Backed African Fintech Cleva, Founded by Stripe and AWS Alums, Raises $1.5 Million Pre-Seed
Aaron Michael, a partner at 1984 Ventures, expressed support for Cleva’s founders, Tolu Alabi and Philip Abel, noting that their product provides a means for Africans to navigate hyperinflation challenges.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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NextBillion’s Most Influential Articles of 2023: Announcing the Three Winners of our Annual Contest
As 2024 gets underway, we'd like to announce the results of NextBillion’s annual “Most Influential Article of the Year” contest. This year's contest featured a strong slate of articles, covering a diverse array of topics ranging from systems change to decarbonization, in sectors that included energy, agriculture, finance and more. We've highlighted the three winners, as selected by our readers, in this article.
- Categories
- Agriculture, Energy, Environment, Finance, Investing, Social Enterprise, Technology, WASH
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Cameroonian Fintech Startup Koree Secures $200,000 Pre-seed Funding
Koree’s solution is aimed at resolving the issue of spare change in cash-dependent economies by offering a card and digital wallet.
- Region
- Sub-Saharan Africa