Africa
- Trends
Opera’s Africa fintech startup OPay gains $120M from Chinese investors
Africa focused fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Located in Lagos…
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Solar based ISP startup Tizeti launches 4G LTE network in Nigeria
Nigerian internet service provider Tizeti has launched its first 4G LTE network. The Y-Combinator backed startup — that uses solar…
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Naspers Foundry is open for South African startup pitches, CEO says
Naspers’ 1.4 billion rand (≈$100 million) VC fund to support South African startups — Naspers Foundry — is accepting pitches,…
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Nigerian online-only bank startup Kuda raises $1.6M
Nigerian fintech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding. The Lagos and…
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DHL expands Africa eShop online retail app to 34 countries
DHL has expanded its DHL Africa eShop business to 13 additional markets, upping the presence of the global shipping company’s…
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Accion Venture Lab launches $23M inclusive fintech startup fund
Accion Venture Lab—the seed-stage investment arm of non-profit Accion—has raised $23 million for a new inclusive fintech startup fund. The…
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Tastemakers raises $1.4M to sell Africa experiences to the world
New York based startup Tastemakers has raised a $1.4 million seed-round—led Precursor Ventures—for its business that connects Africa adventures to…
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Canal+ acquires Nollywood studio ROK from IROKOtv to grow African film
French television company Canal+ has acquired the ROK film studio from VOD company IROKOtv for an undisclosed amount. Founded by…
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PayU, Naspers’ global fintech firm, enters Southeast Asia with acquisition of Red Dot Payment
PayU, the Naspers owned fintech firm that specializes in emerging markets, is broadening its global reach into Southeast Asia after…
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