Bolt Urges Riders to Avoid Offline Trips to Ensure Secure Ride-Hailing Experiences
December 19, 2024
Bolt has issued a strong reminder to riders and drivers to refrain from engaging in offline trips. This caution comes as part of Bolt’s ongoing commitment to ensuring the safety of passengers and drivers on…
Proparco Invests $5 Million in Equator Africa Fund to Support Climate Tech Startups in Africa
December 19, 2024
Proparco has announced a USD 5 million investment in the Equator Africa Fund, through the FISEA+ facility. This climate-focused investment fund is committed to supporting early-stage African start-ups with innovative solutions to address climate challenges…
Xiaomi Kenya Launches 'Human x Car x Home' Ecosystem
December 18, 2024
Xiaomi Kenya has today unveiled its global strategy “Human x Car x Home” smart ecosystem at Radisson Blu, Nairobi, in an event titled Xiaomi Universe – Human x Car x Home – Perfectly Synced. This…
Cassava Technologies Closes a $90 Million Equity Investment Round
December 18, 2024
Cassava has announced the close of an equity investment round of $90 million with participation from U.S. International Development Finance Corporation (DFC), Finnish Fund for Industrial Cooperation (Finnfund), and Google LLC. This funding is a…
Equity Group Partners with ODDO BHF to Bridge Africa-Europe Business Opportunities
December 18, 2024
Equity Group has signed a memorandum of understanding with ODDO BHF of Germany for collaboration that will serve as a bridge for European and Africa businesses to establish across the continental divide. The agreement was…
Binance Launches Alpha Platform to Spotlight Early-Stage Web3 Projects and Tokens
December 17, 2024
Binance has announced the launch of Binance Alpha, a platform within Binance Wallet (previously known as Binance Web3 Wallet) designed to spotlight early-stage projects and help users explore Alpha opportunities. Notably, Binance Alpha serves as…
Cynoia Named Best SaaS Startup at AfricArena 2024
December 17, 2024
Cynoia has been named Best SaaS Startup at the prestigious AfricArena Grand Summit 2024 in Cape Town. The summit, celebrating its seventh year as Africa’s premier tech ecosystem accelerator event, brought together over 100 startups…
Cauris Finance Secures $40 Million in Funding
December 16, 2024
Cauris Finance has announced the close of a $40 million debt facility with a U.S.-based institutional investor. This facility will enable Cauris to expand its efforts to support socially impactful African fintechs that provide essential…
Blink Takes Top Prize at TBD Hackathon
December 16, 2024
Block, the global technology company with a focus on financial services, has announced the winners of the highly anticipated TBD Hackathon, a competition designed to foster innovation, creativity, and technological advancements in payments across Africa. The grand…