Nigerian fintech platform Okra has secured a $1mn pre-seed fundraise from TLcom Capital, strengthening its push to build the infrastructure for Africa’s next wave of fintech innovation. With the first API in Africa to retrieve real-time financial data from a bank account to any web or mobile app, Okra’s new investment will be used to scale their team …
TLcom invests in Nigerian fintech data platform Okra Read More »
Africa Tech Summit Connects is an online series of webinars and digital content sharing insights from across the African tech ecosystem. In this webinar Tamer Azer Principal at Sawari Ventures shares insights on North Africa’s tech powerhouse in Spotlight on the Egyptian tech scene.
East Africa Fruits Co., a Tanzanian company addressing food distribution challenges to improve efficiencies in the farm-to-market sector, announced that it closed Series A equity funding totaling $2.05 million led by Goodwell Investments with participation from FINCA Ventures and elea. This investor capital accelerates East Africa Fruits’ ability to build essential supply chain infrastructure and better transport fresh produce directly …
Goodwell Investments leads Series A in East Africa Fruits Read More »
Global fellowship program Venture for Africa (VFA), has opened applications for its inaugural cohort, the Venture for Africa C19 Remote Fellowship. The company aims to match skilled global talent with leading African tech startups via a 3-month immersion program. Following the program, fellows are fast-tracked through application processes for long-term open roles at participating startups. …
Venture for Africa program to match global talent with leading African tech startups Read More »
Novastar held the final closing of Novastar Ventures Africa Fund II (NVAF II) with total commitments of $108 million. Now managing more than $200 million of capital, Novastar is one of the largest platforms dedicated to financing early and growth-stage businesses in Africa. While Novastar’s first fund was limited to East Africa, NVAF II expands its geographic reach …
Novastar raises $108M to invest in startups in Africa Read More »
Mobile operator Vodacom Group has switched on Africa’s first live 5G mobile network in three cities in South Africa, with further rollouts planned in other parts of the country. Vodacom was recently assigned temporary additional spectrum by South Africa’s telecoms regulator for the duration of a national state of disaster to tackle the coronavirus pandemic, which has …
Vodacom launches 5G mobile network in South Africa Read More »