pawaPay Closes on Seed Funding of $9M

African payments company pawaPay, has secured a $9m Seed raise.

MaxAB Acquires Morocco’s WaystoCap to scale; adds $15M to Series A

MaxAB, the largest Egyptian B2B e-commerce platform that serves food and grocery retailers, has acquired WaystoCap, the Morocco-based B2B e-commerce and distribution platform that connects retailers with suppliers across Africa.

Curacel is improving efficiency for a notoriously slow-to-change insurance sector

Curacel is an African technology startup creating innovative infrastructure for the insurance sector—one that is notably resistant to change

6 things we learned from FourthCanvas’ Africa Challenger Brands report

Last week, Fourth Canvas, a digital marketing agency based in Nigeria released a report on the challenger brands remaking the bran-customer relationship in Africa.

Bitnob integrates Lightning Network for faster transactions and smaller fees

In line with its mission to promote financial inclusion through blockchain technology, Bitnob has integrated the lightning network to facilitate faster and cheaper transactions on its app

Discover® Global Network and Flutterwave extend payment acceptance for e-commerce businesses across Africa

Discover® Global Network and Flutterwave, a San Francisco and Lagos-based payments technology company, have signed an agreement that will help increase acceptance for both local and international e-commerce merchants.

Disrupt Africa Partners with ITIDA to Publish “The Egyptian Startup Ecosystem Report 2021”

The research publication which is to be launched in September includes a detailed account on the Startup Ecosystem in Egypt, and its progress over the past 5-10 years.

GreenHouse Lab announces 2021 Cohort for Founders-Backed fintech accelerator

The eight startups in GreenHouse Lab 2021 include GetEquity, PayHive, MyInvest, Collect Africa, Chumz.io, Route, Scale X and Dojah

HP to support Utiva’s mission to empower Nigerian women with digital skills

Hewlett Packard Enterprise (HP), the US-based laptop manufacturer has announced its support for Utiva with $50,000 in funding.

Ghana Pilots Digital Currency E-cedi

Ghana is the first African country to pilot a Central Bank Digital Currency (CBDC). The experimentation is expected to be launched in September

Enye announces 2021 hackathon in partnership with workflow automation platform Quabbly

The hackathon is themed around leveraging no-code tools and scalable APIs to help automate products and optimize business logic.

Bitnob launches Fantasy Premier League competition, winner to get $1000 at the end of the season

Bitnob, the Nigerian cryptocurrency startup that lets you save in Bitcoin for the daily cost of lunch, is rewarding its users with a Fantasy Premier League competition for the new footballing season.