Paymenow, a South African startup that provides earned wage access (EWA), has secured a ZAR250 million ($14 million) debt facility from Rand Merchant Bank (RMB) to support its expansion plans.
According to the startup, Earned Wage Access is a financial wellness offering to employees which allows th

Google оголосив про прийом заявок на свою 8-му когорту програми Google for Startups Accelerator Africa, зосереджуючи увагу на стартапах у сфері штучного інтелекту та машинного навчання. Програма без частки капіталу пропонує менторство, ресурси та фінансування, спрямовані на стимулювання інновацій в технологічній екосистемі Африки.

NEAR Kenya, in partnership with Web3 Clubs successfully ran a hackathon that targeted solutions to end hunger, achieve food security and improved nutrition, and promote sustainable agriculture.
The Hunger-Thon challenge was launched on November 16 2022 with a call out to developers and brought

Bitmama, нігерійський крипто-стартап, залучив 1,65 мільйона доларів у розширенні передпосівного фінансування, загалом 2 мільйони доларів. Заснований у 2017 році, він еволюціонував з групи в WhatsApp у P2P біржу і розширює свої послуги по всій Африці, прагнучи до інноваційних фінансових рішень.

Web3 phone developer, Jambo, is teaming up with Aptos Foundation to open up access to the world of Web3 across Africa, Southeast Asia, and Latin America.
“This partnership aims to significantly enhance Web3 accessibility and education in regions that stand to benefit most, by leveraging Aptos’s

Mercy Corps and airtime-to-crypto platform, Fonbnk, have launched a Learn-to-Earn (L2E) program focused on financial and Web3 literacy and digital earning opportunities offered on Fonbnk’s market-maker program.
In the program, Fonbnk will create a localized learn-to-earn program where job seekers c

NotCoin ($NOT) is a play-to-earn token within the TON ecosystem, mainly utilized in a Telegram-based game. In this game, players earn tokens by tapping a virtual coin and completing various in-game tasks.
The game was developed by Open Builders and attracted over 4.1 million players within a week o

Egypt’s Al Ahly Football Club has made history by becoming the first African football club to join FIFA Collect, FIFA’s official NFT marketplace. This partnership enables Al Ahly to offer digital collectibles that capture the club’s rich legacy, iconic players, and memorable moments, providing

Empowa, що описується як фінансово-технологічна компанія, яка використовує у блокчейні платежі та NFT на блокчейні Cardano для забезпечення фінансування доступного житла через модель оренди з правом викупу, оголосила про свій вихід на нigerійський ринок.
В останні місяці команда Empowa тісно працювала з

South African exchange, Xago, has announced a partnership with BitMama, a Nigerian-based digital asset exchange, in order to facilitate transactions via the digital South African Rand (ZAR) across the African continent.
The partnership will now see the

Nigerians traded approximately $185 million worth of bitcoin between January and March 2022 on Paxful, one of the leading P2P crypto platforms on the continent.
According to Paxful, this is a 5.71% increase from the $175.3 million worth of bitcoin that was t

Kenyan leading telco, Safaricom, has revealed 9 startups for the first cohort of its Spark Accelerator Program.
Earlier this year [2024], Safaricom, alongside MPESA Africa and Sumitomo Corporation, launched the three-month accelerator program designed to offer a comprehensive mix of training,

Lami, a digital insurance product based out of Kenya, has raised $3.7 million in an extension round, further validating the 2-year old firms’s business.
Lami has created an API (application programming interface) that it sells to other business who can use i

A total of 39% of banks in Africa now ringfence at least $3 million per year for digital transformation and innovation. This is according to a survey that tracked financial technology transformation in Africa’s banking sector.
From the survey, it can be

If you are interested in beginning your journey in investing, you are probably wary of a heavy or long-term commitment. Another challenge you may face is the lack of knowledge or who to reach out to and trust.
In such cases, one of the better options to

Nigerian Fintech startup, Afriex, has closed a $10 million Series A round to expand its blockchain money transfer platform.
The latest raise comes about one year since the startup raised a $1.3 million seed round in May 2021. Afriex was founded in 2019 by