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Nigeria’s Kuda Bank Raises $55 Million At $500 Million Valuation
Nigerian FinTech startup Kuda Bank notched $55 million in a Series B funding round at a $500 million valuation as the digital bank seeks to expand into other countries across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Dear Big Tech Leaders: Instead of Harvesting Our Data and Launching Yourselves Into Space, How About Making Life Better on Earth?
As Big Tech's data practices come under greater scrutiny and its leaders indulge in an ego-driven space race, Steve Hollingworth of Grameen Foundation says it’s time to have a hard conversation with the industry. It can start with the question of why its core companies are focusing their talents and technologies on accumulating ever-greater amounts of money, while the world struggles with long-standing and quickly escalating challenges that could be greatly improved by the data and other resources the tech industry commands.
- Categories
- Technology, Telecommunications
- Tags
- corporations, data, NGOs
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Kenya’s Wapi Pay Raises $2.2 Million Pre-Seed for Cross-Border Payments Between Africa and Asia
Wapi Pay will use the investments to engage regulators for licensing across Africa and for scale, product and geographical expansion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Bboxx To Bring Clean Energy to 2 Million People in Burkina Faso With Geocoton Advens Group Joint Venture
Bboxx, a next generation utility, is partnering via a first-of-a-kind joint venture with Geocoton Advens Group as part of Bboxx’s market entry into Burkina Faso.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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South Africa’s Khula Closes $1.3 Million Seed To Scale Its Software-for-Agriculture Platform
Inadequate financing, education and input distribution persist, but startups such as Khula are providing innovative solutions to these problems.
- Categories
- Agriculture, Education, Technology
- Region
- Sub-Saharan Africa
- Tags
- startups
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Airtel Africa Scoops Another $200 Million for Mobile Money Business
Airtel Mobile Commerce is working to own and operate the mobile money businesses across all of Airtel Africa’s 14 operating countries.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Egyptian Social E-Commerce Startup Taager Closes $6.4 Million Seed Round
Egyptian social e-commerce startup Taager has raised a US$6.4 million seed funding round to help it scale its platform and expand across the Middle East.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, scale, startups
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Analysis: Ecobank Group And Microsoft Upskill Africa’s Small and Medium Enterprises To Succeed in a Digital Economy
The partnership is set to provide training to equip Small and Medium-sized Enterprises, across sub-Saharan Africa, digital skills and knowledge to succeed in today’s digital world.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa
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