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African Startups News

MFS Africa Raises $100-Million in Series C Funding

MFS Africa, one of Africa’s largest digital payments networks, has raised $100-million through an equity and debt financing round. The fundraising marks another milestone in MFS Africa’s expansion, following a series of acquisitions and investments in other African fintechs, including...

INTERVIEW Africa’s Business Heroes Awarding $1.5-Million to Africa’s Next Top Tech Entrepreneurs

The worldwide pandemic has spurred digital transformation across the African continent. Tech is booming in Africa, it is all too clear to see. Now more than ever, driven African entrepreneurs and startup founders are innovating new waves into the...

How a Global Disruption can have Local Implications

The global impact that the COVID-19 pandemic has had not only on public health, but also on business, cannot be underestimated. It’s prudent to consider the impact such a global disruption of trade has on small and medium businesses....

Nigerian Government to Support Struggling Startups

The National Information Technology Development Agency (NITDA) wants to provide an exemption for startups providing essential services during the lockdown in Nigeria, writes Tech Cabal. In keeping with this, the agency created an online form on 5 April to identify...
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Novus Holdings Invests R55 Million in AI Innovation Company

Novus Holdings has invested R55 million in Bytefuse, an AI company, to enhance its enterprise-scale solutions. Maski, an AI-powered tutoring...
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