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East Asia Brings Boom to African Fintech Unicorn Flutterwave
The company’s international growth this year has also included securing 20 new licenses in the United States for its remittance app, Send.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Degas Limited Pledges $100 Million to Make Ghana Africa’s First AI-Powered Agricultural Hub
Degas’ platform combines AI-driven satellite monitoring and agriculture techniques. The results, according to Makiura, are drawing strong interest from Japanese investors.
- Categories
- Agriculture, Investing, Technology
- Region
- Sub-Saharan Africa
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Analysis: China’s Biggest Delivery App Brings Its Disruptive Playbook to Brazil
Meituan’s arrival is likely to transform the delivery industry — which has already seen the unlikely partnership between rivals Uber and iFood.
- Categories
- Technology
- Region
- Latin America
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South Africa’s Flood Raises $2.5 Million to Digitise Offline Commerce in Emerging Markets
Founded by serial entrepreneur André de Wet, Flood is a mobile-first digital commerce platform designed to power clicks-to-mortar retail in emerging markets.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Africa REN Commissions Senegal’s First Solar-Plus-Storage Plant
The facility is designed to improve grid reliability by supporting frequency regulation, providing energy during peak demand hours, and offering backup capacity during outages.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Analysis: Big Tech’s “AI for Good” Spending Increases in Africa. So Does Skepticism
While Google, Microsoft, and Meta provide AI for social good, some advocates say projects exploit the continent for data, erode local control.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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African Payments Platform HoneyCoin Secures $4.9 Million Funding
Licensed in jurisdictions including the US, Canada, the EU and key African markets, it integrates directly with banks and telecom operators.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Nedbank to Acquire South African Fintech Firm iKhokha for $94 Million
Nedbank aims to boost its SME market presence through enhanced digital and inclusive financial services with the acquisition.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa