Kifiya Wins Silver Award for Product Innovation of the Year at 2024 Global SME Finance Awards
September 23, 2024
Kifiya has been awarded the prestigious Silver Award in the Product Innovation of the Year category in Africa at the Global SME Finance Awards 2024, held as part of the Global SME Finance Forum in…
Latitude59 Invites African Startups to Join the 2024 Pitch Competition
September 20, 2024
Latitude59 is seeking the boldest early-stage startups from Kenya and across Africa to compete for a prize pool of non-equity funding. One African startup will receive an invitation to participate at the semi-finals of Latitude59…
PalmPay Launches USSD Service for Users Without Internet Connectivity
September 16, 2024
PalmPay has today announced the launch of its USSD code in Nigeria. This service offers Nigerians an additional way to manage their finances without the need for internet connectivity. With the PalmPay USSD code, customers…
Paymob Secures $22M Series B Extension, RaisingTotal Funding to $72M as It Expands Across MENA
September 13, 2024
Paymob has announced a $22 million Series B extension round – taking the Company’s total Series B funding to $72 million. The funding was led by EBRD Venture Capital with participation from Endeavor Catalyst.Existing investors…
FlapKap Closes a $34 Million Pre-Series A Funding Round
September 9, 2024
FlapKap has announced the close of a $34 million new debt and equity funding. FlapKap is an Abu Dhabi-based fintech that provides revenue-based and embedded financing solutions in the MENA region. FlapKap was launched to…
VC4A set to co-host the Africa Early Stage Investor Summit (#AESIS2024) at Africa Investor Week
September 2, 2024
VC4A has announced that it will co-host the Africa Early Stage Investor Summit (#AESIS2024) on November 28-29, 2024 in Cape Town. Now in its 11th year, the Summit remains Africa’s premier gathering for early stage investors…
Kenya's Conversational Commerce Platform, Chpter, Closes a $1.2 Million Pre-Seed Round
September 2, 2024
Chpter, the AI-powered conversational commerce platform that enables businesses to sell more on social platforms like WhatsApp and Instagram, announced today that it has secured $1.2 million in their Pre-Seed round. The round was led…
Latitude59 Kenya Edition 2024 Set for November 28th
August 29, 2024
Latitude59’s second satellite event in Nairobi is set to take place on November 28th. The first Latitude59 Kenya Edition was held in December last year attracting nearly 800 participants from Africa and around the world….
Wasoko and MaxAB Announce Completion of Merger Forming Africa's Largest B2B Platform
August 27, 2024
Wasoko and MaxAB have announced the completion of their merger following the signing of preliminary terms in Q4 2023. This merger was conducted as an all-stock transaction and the new entity is set to have…