Sterling pilots 500-50-5 initiative to make indigenous businesses globally competitive

500-50-5 is a signature program created to transform indigenous businesses into global enterprises.

Qala Fellowship to train the next generation of African Bitcoin developers

Qala Fellowship has received a 0.5BTC grant from the New York-based Human Rights Foundation (HRF) to train Bitcoin developers in Africa.

Releaf secures $4.2 million to scale Nigeria’s oil palm sector

Releaf has secured $4.2 million in seed funding and grants to drive the industrialization of food processing for Africa which will also enable Nigeria’s Oil Palm sector

5 takeaways from Chainalysis’ report on crypto in Africa

The Chainalysis report, which is the first dedicated report on the African crypto ecosystem, explores the volume and nature of transactions on the continent between June 2020 and July 2021.

TechAdvance unveils Bloc — a faster way to build fintech products

TechAdvance has announced the release of its product, Bloc—a proprietary suite of APIs capable of helping anyone launch a FinTech product in far less time than it usually takes.

Renaissance Capital to double down on the Africa tech and fintech space.

Renaissance Capital intends to support the African tech ecosystem through advisory, research and venture investing.

Flutterwave to offer MTN Mobile Money as a payment method in Africa

Flutterwave will now provide MTN mobile money as a payment method for businesses in Cameroon, Côte d’Ivoire, Rwanda, Uganda and Zambia

Prospa announces $3.8m pre-seed round

Prospa has raised a $3.8m pre-seed fund to offer software and financial services to Nigerian entrepreneurs and micro-businesses. The pre-seed round was oversubscribed by 380% to become the largest pre-seed round in Nigeria’s Fintech history.

Flutterwave announced Platinum Sponsor for 2021 Africa Fintech Summit

Africa Fintech Summit has announced Flutterwave as the Platinum Sponsor for this year’s edition of Africa Fintech Summit in Cairo. The summit is scheduled to hold in November 16th-17th, 2021.

Pezesha raises seed extension to fuel expansion across Africa

Pezesha has announced the close of a seven-figure growth funding round led by GreenHouse Capital (GHC).

Endeavor Nigeria commences Endeavour ScaleUp Program to support 7 entrepreneurs

Endeavor Nigeria commence a 10-week incubation program to support and seven Nigerian based emerging high impact entrepreneurs.

Autochek acquires Cheki Kenya and Cheki Uganda from ROAM Africa

AutoChek has reached an agreement with ROAM Africa to acquire Cheki Kenya and Cheki Uganda as part of its plans to expand further into the African Market