Farmerline secures an additional $1.5M pre-Series A to expand across West Africa

Ghana-based agritech startup, Farmerline has secured an additional $1.5 million pre-Series A to expand across West Africa.

A review of the MTN 5G router

MTN's 5G network service is enabled in certain parts where it will accelerate the development and digitisation of key sectors like education, healthcare and manufacturing.

Bill Gates-backed i3 initiative selects 30 African healthtech for its $7M fund

30 leading African startups in healthcare supply chains selected to receive impact support from Gates Foundation, MSD, WHO-AFRO.

Vendease secures $30M to enable procurement for restaurants across Africa

Vendease has secured $30 million in an equity and debt funding round to power operations for restaurants across Africa

YouTube wants to provide 45% of ad revenue to Shorts creators

YouTube has announced that it would introduce advertising to Shorts and give creators 45% of the revenue.

Bamboo expands into Ghana

After Bamboo announced its $15 million Series A funding in January 2022, the fintech startup revealed that it intends to enter new markets like Ghana, Kenya and South Africa. Prior to the funding, Bamboo announced its plan to launch in Ghana in April 2021, as of January 2022 more than 50,000 Ghanaians joined the waitlist.

Starting Sept. 30, First Bank will suspend int’l transactions on its Naira Mastercard

First Bank of Nigeria will suspend international transactions on its Naira Mastercard from September 30, 2022, according to TheCable.

Open Access Data Centres continues its edge data centre expansion in South Africa

Open Access Data Centres (OADC) has announced the deployment of a further three OADC EDGE data centres (DCs) in South Africa.

Tanzania scraps mobile money transfer fees

Three months after slashing its mobile money (MOMO) transaction levy by 43%, Tanzania has scrapped the MOMO transfer levy starting October 1, 2022.

Remedial Health secures $4.4M seed to provide credit for neighbourhood pharmacies in Nigeria

Remedial Health has raised $4.4 million in seed funding to accelerate its expansion across Nigeria and to provide access to credit for neighbourhood pharmacies.

Yellow Card lands $40M Series B to drive crypto adoption in Africa

Pan-African Crypto Exchange Yellow Card has secured $40M in a Series B round led by Polychain Capital.

Only 10 digital credit providers are licensed in Kenya — CBK

The Central Bank of Kenya has licensed only 10 digital credit providers in the country.