OZÉ, Shopa, Swoove, and Tendo to receive US $120,000 in grant funding from the Catalyst Fund

Four Ghanaian digital commerce companies, OZÉ, Shopa, Swoove, and Tendo will receive US$120,000 in grant funding from the Catalyst Fund Inclusive Digital Commerce Accelerator as part of the Accelerator's 2nd cohorts.

Chipper Cash is now a Unicorn with $150 million extension round led by FTX

Chipper Cash has earned the highly coveted unicorn badge after FTX led a $150 million extension round for the African cross-border payments company.

Lemonade Finance raises $725k pre-seed financing to change cross-border financial services for Africans abroad.

Lemonade solves a problem that Africans in the diaspora face: sending and receiving money from their home countries in efficient, affordable, and fast ways.

Stitch hires Benjamin Dada to lead its Nigerian expansion, gets $2M seed extension

Stitch, a South Africa-based API fintech has now commenced operations in Nigeria as well as a $2M seed extension with participation from leading global fintech entrepreneurs - bringing their total seed funding to $6M.

Releaf collaborates with IITA to improve growth and sustainability in oil palm production

The partnership will enable the startup and the award-winning research-for-development organisation to explore ways to increase oil palm yields and deploy the best intercropping mechanisms.

Jise raises $100,000 angel funding, commences food delivery in Lagos

Nigeria’s first food-only delivery platform, Jise has raised $100,000 angel investment from notable investors including, Backroom Capital — Nigeria, Winston Capital — Ireland, Jonny Enagwolor, Co-Founder Treepz Inc amongst others.

Autochek secures $13.1m seed fund to scale its technology and accelerate expansion

The capital will be deployed to bolster its core auto loan processing platform and deepen its footprint in West Africa, starting with its recent entry into Cote d’Ivoire.

Emerging Africa Group acquires majority stake in Fundall to build Africa’s first financial Super-app

Fundall is building Africa’s first financial super app, to help individuals & businesses spend smartly, manage money & grow money — from living their best lives every day to planning for the future.

Brass Secures $1.7m Financing Round; to deliver affordable premium banking services for African SMEs

Africa’s new bank for startups and SMEs' set to expand to South Africa & Kenya following funding.

MFS Africa expands into Nigeria: set to acquire leading super-agent network Baxi

MFS Africa will build Baxi into a key node on its digital payment network, allowing customers to make regional and global payments to and from Nigeria.

ILLA obtains $2m investment round to expand and diversify its offering

ILLA aims to optimize post-production supply chain activities for FMCG brands, starting with middle-mile delivery services and being the most fragmented part of the value chain.

Nigeria’s Sendbox raises $1.8 Million to enable deliveries for SMEs in Africa

With the goal to provide logistics and e-commerce fulfilment for merchants in Africa, Sendbox announced the completion 0f its $1.8 million seed round.