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Kenya’s 4G Capital Secures $2 Million Funding to Expand Financial Inclusion Across East Africa
Founded in 2013, 4G Capital blends human customer service with advanced digital technology to deliver small working capital loans and customised business training to micro enterprises that are excluded from the formal financial system.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, innovation, lending, MSMEs, scale, startups
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Viewpoint: Are Tech Solutions Fixing Mobility in African Cities or Just Masking the Problem?
Ride-hailing and mobility apps do not build roads. They do not expand rail systems or redesign cities. Instead, they optimize access to what already exists.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
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IDB Lab Invests in Innogen Delta I to Drive Tech Entrepreneurship and Digital Transformation in Central America
Innogen Delta I will invite approximately 25 tech startups to develop solutions for structural challenges in agtech, e-commerce, edtech/future of work, fintech, healthtech, insurtech, logistics, B2B SaaS and other industries.
- Categories
- Education, Technology
- Region
- Latin America
- Tags
- e-commerce, edtech, startups, venture capital
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Senegal’s Sovereign-Backed Fund Oyass Doubles Down on Healthtech Eyone with $1.7 Million Injection
Founded in 2015 by Henri Ousmane Gueye and John Diatta, Eyone Medical develops interoperable software that allows clinics and hospitals to share patient data securely in real-time.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Divest Launches Money Xchange to Simplify Cross-Border Payments in Africa
One of the main features of Money Xchange is transparency. The platform allows users to see exchange rates before they confirm a transaction.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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South African AI Startup Yazi Secures First Institutional Funding at $1.6 Million Valuation
Founded in 2022 by CEO Timothy Treagus and CTO Mzwandile Sotsaka, Yazi is attempting to disrupt the $153 billion global market research industry by moving away from traditional email-based surveys and towards the world’s most used messaging platform: WhatsApp.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Western Union and Sasai Fintech Boost Digital Remittance Access for South Africa’s Consumers
Through this app, customers can transfer funds to billions of bank accounts and wallets worldwide, or for cash pick-up at hundreds of thousands of retail locations.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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South African Anti-Fraud Startup Orca Secures $2.35 Million Seed Round to Protect Emerging Market Payment Rails
As financial inclusion accelerates across Africa, largely driven by mobile money and e-wallets, cybercrime has followed suit. According to an Interpol report, South Africa was the most cyber-attacked country on the continent and the third most globally in 2021.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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