Two South African Startups Secure Vendor Status with NEC XON Through JICA NINJA Accelerator
South African startups Agrilogiq and Locstat have been officially onboarded as vendors for NEC XON, marking a major milestone from...
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Fawry Invests $1.6M in Three Egyptian Startups to Strengthen Digital Business Solutions
Egypt’s leading fintech company, Fawry, has announced strategic investments worth EGP 80 million ($1.6 million) in three local tech startups,...
Kenyan Startup Badili Secures $400,000 to Expand Refurbished Electronics Market
Kenyan re-commerce startup Badili has raised $400,000 in debt funding from French development finance institution Proparco, strengthening its mission to...
Okra Enters the Cloud Market, Taking on Global Giants
Nigerian open banking startup Okra has made a bold move into the cloud computing space with the launch of Nebula,...
Vodacom Loses Court Battle Over Spectrum Pooling Dispute
Vodacom South Africa has suffered a legal setback as the Pretoria High Court dismissed its urgent interdict application to halt...
LoftyInc Capital Secures $43M to Back Seed and Series A Startups in Africa
LoftyInc Capital has successfully closed the first round of its third fund, securing $43 million to invest in late-seed and...
African Tech Startup Funding Plunges 50% in 2024 Amid Global “Funding Winter”
The African tech startup ecosystem faced a sharp decline in funding in 2024, with total investments dropping by more than...
Namibia Explores CBDC Launch Amid IMF Caution
Namibia is taking steps toward launching a central bank digital currency (CBDC) to enhance cross-border payments and promote financial inclusion....
Nigeria Phases Out Remita for New Treasury Payment System After 13 Years
The Nigerian government is set to replace Remita, the longstanding gateway for its Treasury Single Account (TSA), with a new...
Canal+ Extends MultiChoice Acquisition Deadline as Regulatory Hurdles Persist
French media giant Canal+ has extended the deadline for its planned acquisition of South African pay-TV provider MultiChoice, pushing the...
