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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.

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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.

Funding

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.

Funding

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.

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Autochek Starts Operations in Kenya

Leading African automotive technology company, Autochek has begun its operations in Kenya

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Payday becomes the first Rwandan company to join Techstars Toronto Accelerator

Payday becomes the first Rwandan company in history to join the prestigious 3-months Accelerator program that provides entrepreneurs with invaluable skills, resources, and connections to a large pool of global talent and investors.

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AVPA and Investor Flow to promote impact investments in Africa

Pan-African network for social investors, African Venture Philanthropy Alliance (AVPA) and Investor Flow announced a strategic partnership to further promote impact investing across Africa.

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Eden Life Announces $1.4m Seed Round to Build Africa’s First Home Services App

The recently raised capital will be used to build Eden Life’s in-house technology, and develop world-class kitchens and operations hubs.

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Klasha launches in Ghana to facilitate cross border payments and e-commerce

Klasha, a startup that simplifies borderless payments for commerce in Africa is now in Ghana

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OurPass is Redefining Online Commerce with its Checkout solution

Ourpass app is created to enhance and improve the success rates of online business sales in Africa's digital marketplace.

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How Fixit45 is redefining auto aftermarket experience across Nigeria

Fixit45 wants to make repair services affordable for car owners and organisations. This will help meet the rising demand for quality automotive repair and maintenance services.

News

Tech Word For The Week: Peer to Peer Network

A peer to peer network is a distributed network where each system on the network both stores and transfers data without a central server.

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