Acquisition
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South African Payroll and HR Company PaySpace Gets Acquired by US Firm Deel
South African payroll and HR company PaySpace has been acquired by the US firm Deel in a partnership that makes…
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Kuwaiti Ed-Tech Firm Baims Acquires Egyptian Online Tutoring Startup Orcas
Egyptian online tutoring startup Orcas has been acquired by Baims, a leading Kuwaiti ed-tech company, in a strategic move to…
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Gozem’s Fintech Expansion Gets a Boost as It Acquires Benin’s Moneex
West African super app Gozem has acquired Benin-based fintech company Moneex to expand its financial services capabilities across its various…
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Jay-Z and Jack Dorsey-Backed Btrust Acquires African Bitcoin Talent Firm Qala, Paving the Way for Innovation in Crypto
Twitter co-founder Jack Dorsey and rapper Jay-Z hooked up in 2021 to create an endowment fund, Btrust. According to Afrotech, the fund…
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Unilever South Africa-Marga to Make Acquisition of Dermalogica
Unilever-controlled Marga is set to make a major corporate changeover after the Competition Commission of South Africa gives them the…
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Moniepoint Receives Green Light for Acquisition of Kenyan Fintech Powerhouse Kopo Kopo
The competition regulator in Kenya has given Moniepoint Inc. the green light to acquire Kopo Kopo, a Kenya-based company offering…
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Mastercard to Acquire Minority Stake in MTN’s $5.2B Fintech Business
Mastercard has agreed to purchase a minority stake in the fintech division of MTN Group, Africa’s largest cell phone provider,…
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Egyptian Pharma Startup Grinta Bolsters Footprint and Ignites Innovation with Acquisition of Counterpart Auto-Cure
Cairo-based startup Grinta, a fintech-enabled B2B tech platform digitising the pharmaceutical supply chain, has acquired Alexandria-based online pharmacy Auto-Cure to…
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Innovation-Driven Compliance Leader Prembly Acquires Tunnel, Revolutionizing Secure Financial Data Empowerment for Businesses
Prembly, which bills itself as a leading compliance and security infrastructure company in Africa has announced its acquisition of secure…
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Innovative Retail Distributor Kyosk Digital Expands into Fresh Produce Market with KwikBasket Acquisition
Many farmers in Africa face numerous challenges due to fragmented and inefficient distribution chains for agricultural produce. Farmers often struggle…
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