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 eComm Firm Taps Local Agents, Businesses To Streamline Logistics 

African eComm Firm Taps Local Agents, Businesses To Streamline Logistics 
African eComm Firm Taps Local Agents, Businesses To Streamline Logistics 
March 02, 2020  |  Delivery

Of Africa’s one billion-plus population, some 400 million use the internet, putting the continent among the most digitally connected populations worldwide. Yet, the lack of...

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African Financial Startup JUMO Notches $55M
African Financial Startup JUMO Notches $55M
February 26, 2020  |  Investments

FinTech upstart JUMO has notched $55 million in equity and debt funding. The newest investment round had participation from current investors, with the inclusion of Odey Asset...

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Isabel dos Santos Facing Embezzlement; Implicated Banker Found Dead
Isabel dos Santos Facing Embezzlement; Implicated Banker Found Dead
January 23, 2020  |  Security & Fraud

Africa’s richest woman, Isabel dos Santos, is facing money laundering and mismanagement charges, while a banker implicated in the case — Nuno Ribeiro da Cunha,...

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Nigeria’s Paga Buys Software Firm Apposit For Global Expansion
Nigeria’s Paga Buys Software Firm Apposit For Global Expansion
January 22, 2020  |  International

Nigerian digital payments startup Paga is expanding its operations with the acquisition of Apposit, a software development startup based in Ethiopia, as reported on Wednesday...

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Jumia Counting On Services To Rebound From 70 Pct. Shares Drop
Jumia Counting On Services To Rebound From 70 Pct. Shares Drop
January 22, 2020  |  International

African unicorn Jumia, the first technology startup in Africa to list on the New York Stock Exchange (NYSE), is focused on becoming profitable after a...

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Western Union, Bharti Airtel Team For Real-Time Payments Across Africa, India
Western Union, Bharti Airtel Team For Real-Time Payments Across Africa, India
January 22, 2020  |  Partnerships / Acquisitions

Western Union is partnering with global telecommunications firm Bharti Airtel for global money transfers across emerging markets in Africa and India, Western Union announced on...

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Newly Funded Flutterwave Becomes WorldPay’s First African Partner
Newly Funded Flutterwave Becomes WorldPay’s First African Partner
January 21, 2020  |  Investments

Silicon Valley and African FinTech startup Flutterwave closed a $35 million fundraising round and announced partnerships with WorldPay and Visa as it plans expansion on...

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Goldman Gets Green Light To Operate Bank In South Africa
Goldman Gets Green Light To Operate Bank In South Africa
January 20, 2020  |  International

As Goldman Sachs seeks further expansion in the South African economy, the financial services company joined the Johannesburg Stock Exchange’s interest-rate and currency-derivatives market, Bloomberg...

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TerraPay/UBA Linkup Enables Real-Time Money Transfers Throughout Africa
TerraPay/UBA Linkup Enables Real-Time Money Transfers Throughout Africa
December 19, 2019  |  Partnerships / Acquisitions

Mobile-first international payment network TerraPay is partnering with UBA Group, a leading pan-African financial services company, to offer real-time money transfer services to existing customers in...

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