TradeDepot raises $110 million in equity and debt financing round to scale BNPL service

TradeDepot raises $110 million through equity (38%) and debt (62%) financing to support its buy now, pay later services and expand across Africa.

CcHub partners Ekiti state on Nigeria’s 1st governance innovation accelerator

In collaboration with the MIT GOV/LAB, Gatefield, and the Ekiti State, Co-Creation Hub (CcHub) launched the first-ever governance innovation accelerator in Nigeria last week.

Kenyan bankers unveils sign language app to enable financial inclusion

The Kenyan Bankers Association (KBA) today launched 'Deaf eLimu Banking', a Kenyan sign language self-training tool developed in partnership with Financial Sector Deepening Trust (FSD Kenya) and software engineering firm Deaf eLimu Plus.

AFEX announces $100m Food Security Fund

Financing will strengthen Africa's food security and optimise climate-smart innovations across seven countries

Sabi Am closes $6 million bridge round amidst record growth, expands to Kenya and South Africa

Sabi Am closed a $6 million bridge round amidst record growth, expanded to Kenya last month, and plans to launch in South Africa next year. But why a bridge round?

Data Science Nigeria taught artificial intelligence to over 500,000 learners in five years

Founded in 2016, Data Science Nigeria has reached over 500,000 online and offline learners, coupled with high-impact research papers which have been showcased at the world's leading AI conferences.

PennyTree Inc. introduces gamified digital lifestyle platform

PennyTree, a Nigerian fintech startup, has launched its gamified digital lifestyle platform.

Blockchain startup Payourse raises $600,000 pre-seed funding

Payourse, a Lagos-based blockchain startup, has secured $600,000 pre-seed funding to scale its products — Coinprofile and Simpa, hire more talents, and expand into new markets

Octamile emerges from stealth with $500,000 pre-seed funding

Octamile has emerged from stealth with $500,000 to enable insurance and non-insurance businesses to protect African consumers from financial loss.

Africa Data Centre inaugurates a 10MW facility in Lagos, to deploy digitization solutions to West Africa.

The Africa Data Centre (ADC) has launched a 10MW data centre in Lagos, to deploy digitization solutions to West Africa.

Airtel Money launches Developer Portal to provide open APIs

Airtel Money has launched a new Airtel Africa Developer Portal to provide open APIs. How has MTN's API marketplace, Chenosis, fared?

Arnergy launches Diaspora Initiative for clean energy remittances

Energy startup becomes Africa’s first solar company to launch renewables payment scheme for Nigerians abroad