Business

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SwypePay, the SME-focused digital payments startup wants to support 1M SMEs in Africa

SwypePay, a Kenyan digital payment firm developed by Terra Softworks, aims to signup and support 1 million businesses in Africa by…

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MENA’s financial comparison site yallacompare raises $4.25M

yallacompare.com, Egypt and Middle East’s finance comparison site has sold 9.6% stake to Kuwaiti’s Gulf Insurance Group for $4.25 million…

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OLX Group acquires 39% of Emerging Markets Property Group, pumps in $150M for growth

OLX Group has announced a merger with Emerging Markets Property Group (EMPG) which runs property sites in Pakistan, Egypt, Lebanon, and the…

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Nestlé provides over USD 3.4 million for COVID-19 relief in Central and West Africa

Nestlé is supporting more than 850,000 vulnerable people in Central and West Africa as part of a USD 3.4 million effort…

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Instabug, A Debugging Software Startup, Has Raised $5M From Accel To Shakeup Mobile App Development

Smartphones have become our primary tool for interacting with society at large. From calling an Uber to having food delivered…

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Daily Digest Tuesday, 5 May 2020

Call For Applications APPLY: IPA tables $800,000; invites African innovators to solve remote learning challenges amid COVID-19 The International Publishers…

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Angola’s Banco Millennium Atlântico Gets $40 Million to (SMEs)

The package consists of a $32 million line of credit from the African Development Bank and an additional $8 million in par Efforts aimed…

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Nigerian Helium Health raises $7mln from two foreign investors

Nigeria-based health tech startup Helium Health has successfully raised $7 million in equity investment from two foreign investors. One of them…

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Nigerian agri-tech startup Farmcrowdy’s impact platform CrowdyVest has launched a bus-hailing service

Nigerian agricultural crowdfunding startup Farmcrowdy, through its general investment platform CrowdyVest, has launched bus-hailing service PlentyWaka.  Formed in 2016, the Farmcrowdy platform…

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APPLY: IPA tables $800,000; invites African innovators to solve remote learning challenges amid COVID-19

The International Publishers Association (IPA) is offering financial support for African publishing entrepreneurs to overcome the staggering impact of COVID-19…

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