Open banking, in which traditional banks release their data via application programming interfaces (APIs) to enable the development of new financial services for their consumers, has been one […]
Kenyan legislative committee calls for Worldcoin shutdown in the country
A Kenyan parliamentary committee formed in August to investigate operations and activities of Sam Altman’s crypto project, Worldcoin, in the East African country, has recommended for it to […]
African VC firm Enza Capital launches founder partner program as it closes $58M across funds
Enza Capital, a venture capital firm that backs startups “organizing the offline online” and “digitizing key African industries,” has closed $58 million across two funds. In 2019, the […]
Pan-African contrarian investor P1 Ventures reaches $25M first close for its second fund
Pan-African venture capital firm P1 Ventures has reached the first close of its second fund at $25 million. The venture capital firm secured this capital from some of […]
Akowe wants to fix Africa’s broken certificate system with blockchain
The crypto industry has long been criticized for its disconnection with the real world, but there are players who try to show that the underlying blockchain technology can […]
South Africa’s FinanceGPT simplifies financial analysis, set to interface in local languages
FinanceGPT is a generative AI startup built to help companies in their financial analysis tasks. Initially built for startups without in-house finance teams, and VCs looking to run […]
7 global investors discuss African tech post-Kauffman Fellows’ first summit on the continent
In 2020, Kauffman Fellows (KF), a prominent venture education program renowned for its extensive and well-established network of VCs, made a concerted effort to enhance the diversity within […]
Ghana’s Complete Farmer, which connects farmers to global food buyers, raises $10.4M
Africa’s agricultural sector has a significant social and economic impact, per McKinsey. The percentage of smallholder farmers in sub-Saharan Africa exceeds 60%, while agriculture accounts for approximately 23% […]
Kenyan fintech FlexPay is helping shoppers save for future purchases
FlexPay Technologies is a Kenyan fintech out to enable consumers to afford products that would have otherwise been out of reach for them. The startup allows customers to […]
IFC leads $5M extension round in Ivorian SaaS e-commerce platform ANKA
ANKA, an Ivorian SaaS e-commerce platform for African businesses, has raised $5 million. The pre-Series A extension round is a mix of equity and debt; last January, ANKA, […]