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Stitch announces $21 million Series A to enable Africa’s fintech sector

With $27 million total funding, Stitch is now the most funded API-first fintech startup. What does this mean for Africa API fintechs?

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YC-backed CrowdForce secures $3.6 million to strengthen agency banking in Nigeria

CrowdForce has raised $3.6m pre-series-A to increase access to cash for rural communities in Nigeria.

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Flutterwave announces $250m Series D fundraise, valuation rises to over $3bn

With the Series D funding, Flutterwave will accelerate customer acquisition and growth through M&A as well as develop complementary products.

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Abiola Bonuola launches a Tech PR agency to amplify the stories of the African ecosystem

Abiola Bonuola, a Nigerian PR Consultant has launched Abiola Bonuola Communications (ABCs), an agency to cater for the public relations needs of African startups, investment firms and tech entrepreneurs.

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roHealth teams up with PayCentre to provide health insurance coverage in Nigeria

Nigerian healthtech startup, roHealth will provide 80,000 agents of PayCentre, Nigeria’s foremost Agent Banking Services provider with access to affordable and high-quality health insurance plans on its platform

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CKROWD announces two new members to join its advisory board

Ckrowd has announced the appointment of Katherine McVicker and Adeleye Fabusoro, as executive board members to its Advisory Board

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Remedial Health secures $1 million to drive efficiency in Africa’s Pharmaceutical sector

Nigeria's Remedial Health has raised $1 million in pre-seed funding to digitize and drive efficiency in Africa's pharmaceutical sector.

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BD Insider, Letter 100: The yin and yang of digitising Africa’s informal retail sector

BD Insider, Letter 100 explores the ying and yang of digitising Africa's informal sector, the Central Bank of Kenya's plan to adopt digital currencies.

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Update VAT records by Feb. 25 — Facebook asks Nigerian advertisers

Facebook has instructed its Nigerian advertisers to update their Value Added Tax, VAT records to the site on or before February 25, 2022, or risk not having their adverts displayed on the platform.

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Duplo secures $1.3 million to create payment infrastructure for B2B business

Nigerian fintech, Duplo has raised $1.3 million pre-seed fund to digitise payment flows for B2B companies

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Moove partners with CFAO Motors to purchase new vehicles for Nigeria and Ghana’s mobility entrepreneurs

The partnership, which will leverage CFAO’s local network and extensive presence, will allow the rapid delivery of brand new vehicles that are more environmental friendly.

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NAICOM and FSD Africa launch insurance focused accelerator program – BimaLab

BimaLab Nigeria aims to address gaps in the insurance market by equipping, educating, nurturing, and promoting innovators and Insurtech start-ups.

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