-
Wave Raises $137 Million in Debt to Expand Mobile Money Services Across Africa
Wave's mobile-first approach, centred on low fees, has helped bring millions of previously unbanked individuals into the formal financial system.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Paymenow Bags $22.4 Million to Expand On-Demand Salary Services Across Africa
The funding, structured under a sustainable finance format, is one of the largest institutional bets to date on the earned wages access (EWA) model in the region.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, lending, scale, startups
-
The Startups Helping African Countries Capture the Value of Their Mineral Exports
These companies are offering audit trails and compliance platforms, local reagent plants, and data-backed logistics services.
- Categories
- Energy
- Region
- Sub-Saharan Africa
-
MTN Nigeria Enters Cloud Race With Completion of First Phase of $235 Million Data Centre
At the heart of MTN’s strategy is a push to democratise cloud access for startups and local developers.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
-
Inside the Fall of Okra: How Africa’s Most Promising Open Banking Startup Shut Down at Its Peak
Back in 2020, Okra had all the makings of a breakout African tech story: visionary founders, Silicon Valley backing, explosive revenue growth, and a product that was powering the future of finance on the continent.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
South African Startup Secures $1.8 Million to Transform Energy Market with AI
The round will accelerate product development and customer growth as the company scales to meet rising demand for flexible, decentralised energy infrastructure.
- Region
- Sub-Saharan Africa
-
Singapore VC Granite Asia Leads $60 Million Funding Round for AI ‘Data Foundry’ Centific to Fuel Global Expansion
Granite Asia was one of two foreign VCs, alongside Taiwan’s AppWorks, selected to take part in a new Malaysian initiative to invest in local startups and encourage global companies to redomicile in the Southeast Asian country.
- Categories
- Investing
- Region
- South Asia
-
Cape Town’s Open Access Energy Raises $1.8 Million to Scale AI-Driven Electricity Trading
Cape Town-based startup Open Access Energy (OAE) has secured $1.8 million (R32.3 million) in seed funding to expand its AI-powered platform for electricity trading.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.