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

QED Investors Makes First African Investment in TeamApt
QED Investors Makes First African Investment in TeamApt
August 10, 2022  |  Investments

TeamApt, a Nigerian business payments and banking platform, has just closed a financing round that includes investments from the FinTech specialist venture capital firm QED...

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Drone Delivery Services Shape Africa’s Healthcare Space
Drone Delivery Services Shape Africa’s Healthcare Space
August 08, 2022  |  Healthcare

In the 21st century, autonomous flying vehicles known as drones have crossed over from science fiction to reality. Applications of drones include surveillance, filmography and...

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Social Commerce Unlocks Growth for Brands, FinTechs in Africa
Social Commerce Unlocks Growth for Brands, FinTechs in Africa
August 03, 2022  |  Social Commerce

From a socially oriented online phenomenon, Meta-owned platforms, Facebook, Instagram and WhatsApp, have grown to become a critical medium for doing business in emerging markets...

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Africa’s Startups Balance Trade Off Between Lower Valuations and Larger Funding Rounds
Africa’s Startups Balance Trade Off Between Lower Valuations and Larger Funding Rounds
August 02, 2022  |  Startups

African startups secured close to $5 billion in venture capital (VC) funding in 2021, twice as much as the previous year. But while doubling the...

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Nigerians Switch to Crypto as Country’s Currency Weakens
Nigerians Switch to Crypto as Country’s Currency Weakens
August 01, 2022  |  Cryptocurrency

As Nigerians trade more dollar-dominated digital assets, they have been hedging against a drop in value for the naira, which is seeing new lows on...

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Nigeria’s Underbanked Gig Workers Flock to One-Stop-Shop Financial Platforms
Nigeria’s Underbanked Gig Workers Flock to One-Stop-Shop Financial Platforms
July 29, 2022  |  Gig Economy

It’s been over a decade since Uber first launched its ride-hailing app in San Francisco, and in the years since, the notion of the gig...

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Homegrown Super Apps Shape the Future of Mobile-First African Market
Homegrown Super Apps Shape the Future of Mobile-First African Market
July 25, 2022  |  Mobile Applications

In discussions of super apps, a handful of Asian mobile apps such as AliPay, Gojek, Grab and WeChat are often cited as notable examples. Meanwhile,...

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B2B Logistics Firm Kwik Launches eCommerce Storefront
B2B Logistics Firm Kwik Launches eCommerce Storefront
July 25, 2022  |  eCommerce

B2B logistics company Kwik is expanding its digital services with the debut of KwikStore, a free eCommerce storefront that lets merchants in Africa do business...

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Africa’s BEAC Could Launch Common Digital Currency
Africa’s BEAC Could Launch Common Digital Currency
July 22, 2022  |  Africa

The Bank of Central African States (BEAC), which serves Cameroon, Gabon, Chad, the Republic of Congo, Equatorial Guinea and the Central African Republic (CAR), could...

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