Africa

Africa is the world's second largest and second most-populous continent. At about 30.3 million km² including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area. With 1.2 billion people as of 2016, it accounts for about 16% of the world's human population.

Source: en.wikipedia.org

African FinTech Wave Wraps up $200M Series A Funding Round
African FinTech Wave Wraps up $200M Series A Funding Round
September 07, 2021  |  Investments

African mobile money provider Wave recently wrapped up a $200 million Series A funding round that was the largest ever for a company of that...

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US-Based FinTech Pngme Raises $15M To Expand Services Across Africa
US-Based FinTech Pngme Raises $15M To Expand Services Across Africa
August 24, 2021  |  Investments

Financial data infrastructure and machine learning-as-a-service platform Pngme has raised $15 million in Series A funding, the company said in a Tuesday (Aug. 24) announcement....

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SoftBank Makes First Foray Into Africa With OPay Investment
SoftBank Makes First Foray Into Africa With OPay Investment
August 23, 2021  |  Investments

Giant technology investor SoftBank has made its first foray into Africa, making its first bet in Nigerian mobile payments platform OPay. The firm’s Vision Fund...

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East Africa’s Pesapal Can Operate In Kenya, Tanzania After Getting Approvals
East Africa’s Pesapal Can Operate In Kenya, Tanzania After Getting Approvals
August 22, 2021  |  Digital Payments

Kenya-based Pesapal, a provider of payments processing services — primarily point of sale (POS) — is touting two recent approvals for conducting business in major...

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Moove Nets $23M To Drive Higher Vehicle Ownership In Africa
Moove Nets $23M To Drive Higher Vehicle Ownership In Africa
August 09, 2021  |  Investments

Moove, an African FinTech company, on Monday (Aug. 9) announced that it has obtained $23 million in Series A funding to provide revenue-based vehicle financing...

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West Africa’s Telco Infrastructure Lays The Groundwork For B2B Payments Modernization
West Africa’s Telco Infrastructure Lays The Groundwork For B2B Payments Modernization
August 03, 2021  |  B2B Payments

Infrastructure underpinned by technology is critical to modernizing the payments landscape of any market. In Francophone West Africa, the payments infrastructure remains well behind those...

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US Tech Firms, Ecobank Team On Digital Financial Learning For SMBs
US Tech Firms, Ecobank Team On Digital Financial Learning For SMBs
July 25, 2021  |  B2B Payments

Ecobank, based in Lome, Togo, its Ecobank Academy, and U.S. tech giants Microsoft, LinkedIn and Micosoft-owned GitHub are teaming up to expand digital financial literacy...

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MosaicLab Raises $225K for Invoice Processing Platform Konta
MosaicLab Raises $225K for Invoice Processing Platform Konta
July 12, 2021  |  B2B Payments

The Moroccan FinTech startup MosaicLab has raised $225,000 for the invoice processing platform Konta, Tech in Africa reported Monday (July 12). Based in Casablanca, MosaicLab...

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Jumia On Africa’s Great eCommerce Shift — Toward ‘Everyday Items’
Jumia On Africa’s Great eCommerce Shift — Toward ‘Everyday Items’
May 17, 2021  |  eCommerce

In Africa, the pandemic has spurred consumers to make the move to online platforms, and as part of that move, transact digitally with their devices....

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