African Startups News in Africa
The $1 million loan to Ilara Health is part of a larger portfolio of 22 transactions approved by DFC in the first quarter of FY2025, amounting to nearly $3 billion.
The company says it is committed to social impact, focusing on recruitment and training of local “washmen” and establishing a “Washminute Academy” to provide upskilling opportunities for employees and partners.
“We prioritize curating accommodations that not only offer exceptional travel experiences but also contribute to environmental conservation and uplift local communities,” said Lara Dendy Young, CEO and co-founder of Conservio.
With this latest funding round, Sistema.bio has raised a total of $18.5 million in 2024. The funds will be used for regional expansion, product development, and supporting the company’s anticipated...
With the acquisition of Kashat, Raseedi will be able to offer cash loans of up to EGP 3,000 (approximately $95) to small business owners and sole proprietors, an amount that...
Having onboarded over 50 B2B customers and forged partnerships with the United Nations and Microsoft, TACo seems to be gaining significant traction.
At the moment, LemFi operates across 27 send-from markets and 20 send-to countries, including Nigeria, Kenya, India, China, and Pakistan.
In his farewell announcement, Jouini expressed pride in Expensya’s achievements and gratitude to colleagues, investors, and partners who contributed to its journey.
Network International will utilize its extensive pan-regional experience to support Money Fellows' expansion into Morocco and the wider African region.
The UK branch of Moniepoint has accrued a total loss of $1.4 million over 17 months since it was founded in August 2022. However, the company's directors, Tosin Eniolorunda and...
