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

Mobile Loans Keep Africa’s Semiformal Economies in Business
Mobile Loans Keep Africa’s Semiformal Economies in Business
November 23, 2022  |  Disbursements

Solopreneurs and micro-businesses are the lifeblood of Africa’s informal and semiformal economies, but when it comes to accessing working capital loans, they are typically underserved...

READ MORE >
Leta Raises $3M for African Supply Chain Optimization Platform
Leta Raises $3M for African Supply Chain Optimization Platform
November 23, 2022  |  Supply Chain

Kenyan supply chain and logistics tech startup Leta announced the close of a $3 million pre-seed equity round in a Wednesday (Nov. 23) press release....

READ MORE >
Autochek Expands Vehicle Financing Access in Africa With New Platform
Autochek Expands Vehicle Financing Access in Africa With New Platform
November 22, 2022  |  emea

South Africa’s car buying market will get more financing options, thanks to automotive technology company Autochek’s new service. In a Tuesday (Nov. 22) press release,...

READ MORE >
B2B Marketplace Operators Offer Credit to Keep African SMBs Liquid
B2B Marketplace Operators Offer Credit to Keep African SMBs Liquid
November 21, 2022  |  Africa

A wave of platforms that enable digital sales and procurement are revolutionizing the way African companies do business, contributing to an all-round more efficient trading...

READ MORE >
Open Banking APIs Help Africa’s Mobile Money FinTechs Expand Services
Open Banking APIs Help Africa’s Mobile Money FinTechs Expand Services
November 20, 2022  |  API

According to International Monetary Fund (IMF) data, there are more than twice as many mobile money accounts as there are bank accounts across many African...

READ MORE >
Chipper Cash to Buy Zoona to Expand Cross-Border Payments in Africa 
Chipper Cash to Buy Zoona to Expand Cross-Border Payments in Africa 
November 18, 2022  |  Acquisitions

Pan-African cross-border payment app Chipper Cash reportedly intends to acquire Zambian FinTech Zoona Transactions International.  The deal, subject to authorities’ approval, would bring to Chipper Cash new online...

READ MORE >
API Marketplaces Boost Economic Growth, Accelerate Digitization of Africa’s Informal Sector
API Marketplaces Boost Economic Growth, Accelerate Digitization of Africa’s Informal Sector
November 17, 2022  |  Digital Payments

From funding development projects to enabling trade, banks not only play a central role in fostering economic growth across the African region. Financial institutions (FIs)...

READ MORE >
B2B Platform Solv Kenya and Cellulant Offer Payment and Collection Services
B2B Platform Solv Kenya and Cellulant Offer Payment and Collection Services
November 16, 2022  |  B2B Payments

Pan-African payments provider Cellulant and B2B digital platform Solv Kenya have partnered to enable small to medium-sized businesses (SMBs) to reconcile, receive and view all...

READ MORE >
Founders Unite to Connect African Tech Community, Plug Funding Gap
Founders Unite to Connect African Tech Community, Plug Funding Gap
November 10, 2022  |  Technology

Although African startups secured close to $5 billion in venture capital (VC) funding in 2021, double of what was raised year-on-year (YoY), it still pales...

READ MORE >