Daily Digest Wednesday, 25 August 2021
Funding In Western Africa
Nigerian Fintech startup OPay secures US$400mn funding
While the company started with providing customers with digital services in their everyday life, from mobility and logistics to e-commerce and fintech at cheap rates. Read more
Latest News
Morocco E-commerce startup, Chari.ma, purchases mobile credit book application: Karny.ma
Indeed, the customer acquisition cost is lower on Karny than on Chari.ma. It is therefore enough for the group to attract new users to Karny.ma and then convert them into Chari.ma users. Read more
How to raise $1,000,000 million+ through Venture Financing
Egyptian Bus-hailing Startup, SWVL, purchases Spain’s Shotl, Expands Into Europe
The addition of Shotl to the Swvl portfolio gives the company a strong presence in Europe, a full year ahead of Swvl’s expansion plans, and more than doubles Swvl’s geographic reach, bringing the total Swvl portfolio to 32 cities in 16 countries. Read more
PureSoftware expands its global footprint with the opening of Nairobi office
The company, which is focused on fintech, 5G, and digital transformation said the new office will expand its reach on the African continent. Read more