African Startups News in Africa

Yellow Malawi Secures $2 Million Funding To Light Up Malawi

Malawi is reportedly one of the least electrified countries in the world, with 11% of the population connected to electricity, 42% in cities and only 4% in villages.

Mastercard Partners With Amazon To Boost Digital Payments in Egypt and South Africa

As a crucial part of the collaboration, Amazon will adopt Mastercard Gateway as a payment solution that will be made available in 40 markets in the region

South African Consortium Launches $17 Million Seed Funding To Bolster Indigenous Startups

Funding to provide early stage capital to at least 50 startups

TymeBank Reaches Crucial Milestone, Secures R7 Billion in Deposits

TymeBank surpasses 10 million customers six years after funding

Proparco Grants Loan To Rubyx To Speed Up Development

Rubyx CEO says Proparco's backing will help speed up implementation of digital lending solutions

Starlink Flags Off Operations In Zimbabwe

Elon Musk-owned satellite company continues to make inroads into Africa

Flutterwave Appoints New CFO Nine Months After Former CFO Resigns

Mitesh Popat Replaces O'Neal Bhambani as Chief Financial Officer

NALA Expands Its Operations in Uganda After Acquiring IMTO License

Tanzanian FinTech Startup, NALA Follows in Flutterwave's Market Entry as it obtains a Money Remittance License in Uganda

Kenyan E-Commerce Startup Chpter Raises $1.2 Million in Pre-seed Funding

Chpter's Acceptance into Norssken and Safaricom Park Accelerator Programs May Have Strengthened Closing Pre-seed Deal

Kredete Raises $2.25M In Seed Funding To Help African Immigrants Make Payments

Kredete, a Nigerian financial software platform has raised US$2.25 million in seed funding to help it further scale across the continent. Having already built a presence in up to 20...