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startups

Fintech Startup Float Innovates BNPL to Help Lower Need for Credit

Buy now, pay later (BNPL) is a type of short-term financing that allows consumers to make purchases and pay for them over time, usually with no interest. These loans are also called Point-of-sale (POS) instalment loans. With BNPL, you can...

Nigerian Startup Drives Financial Inclusion for Female Farmers

In 2020,  37 percent of women in Sub-Saharan Africa had access to a bank account, compared with 48 percent of men. In North Africa, the figures are even more discouraging in North Africa where only two-thirds of the adult...

South African Logitech Startup Tripplo Closes Seed Round with Additional $1.8 million

Tripplo, the Johannesburg-based innovative logistics software platform, has secured a US$1.8m equity investment to close out its seed funding extension round. The round was led by Futuregrowth Asset Management (representing Old Mutual Life Assurance Company South Africa) and followed...

Microsoft-backed FAST Accelerator Announces 12 African Startups Selected for Artificial Intelligence (AI) Program

Flapmax, a prominent data and AI technology company, has unveiled the twelve startups selected for the second cohort of the FAST Accelerator program. This initiative, developed in collaboration with Microsoft, aims to fortify and expand Africa's digital ecosystem. After an intensive...

Unveiled: Africa Tech Festival Awards 2023

The achievements of some of the African technology, telecommunications, and media industry's most illustrious pioneers and tech entrepreneurs, will once again be fêted at the prestigious Africa Tech Festival Awards - taking place at the Bay Hotel in Camp's...

R781 Billion Gender Funding Gap for Women Entrepreneurs in Sub-Saharan Africa

In Africa while women make up 58% of self-employment and contribute about 13% of the continent’s GDP, there is a gender funding gap in sub-Saharan Africa of US$42 billion (±R781 billion), highlighting the gender imbalance in support for women...

Google Announces First AI Accelerator Program for African Startups

A new program supporting African startups was has officially launched by Google. The program, "Google for Startups Accelerator: AI First" uses artificial intelligence to solve local challenges. The program aimed at supporting African startups geared towards integrating AI into their...

Digital Finance Africa Recap: Unlocking the Future of Fintech

A resounding success is what attendees of this year’s Digital Finance Africa had to say about the event that was held on 2 August at the Gallagher Convention Centre, Johannesburg. The event that started at 9 am brought in a...

Safaricom Shareholders Approve Two New Subsidiaries to Empower and Invest in Tech Start-ups in Kenya

At Safaricom's 15th Annual General Meeting (AGM), shareholders approved the creation of two new subsidiaries, marking a significant milestone in supporting tech entrepreneurs, fostering innovation, and solidifying Safaricom's role as a vital enabler of Kenya's tech community. 1. Empowering Seed-Stage...

$5000 Awarded to Fintech Startups

The World Bank awarded 10 South African startups with $5000 each at a recent awards event. The objective of the Fintech Challenge was to provide underserved entrepreneurs with access to markets, business networks, and investment opportunities. Training to Engage with...
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African Fintech Giant Ranked as Fastest-Growing

The world’s leading financial publication confirmed Moniepoint’s accolade in its annual “Africa’s Fastest Growing Companies” survey, released yesterday. It...
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