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

Startup uLesson Lands $3.1M To Improve Education In Africa
Startup uLesson Lands $3.1M To Improve Education In Africa
November 27, 2019  |  Investments

Nigerian startup uLesson has raised a $3.1 million seed round led by TLcom Capital. Founded this year by Sim Shagaya, uLesson is working to lesson...

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‘Amazon Of Africa’ Jumia Shuts Down Cameroon eCommerce Ops
‘Amazon Of Africa’ Jumia Shuts Down Cameroon eCommerce Ops
November 18, 2019  |  eCommerce

Online retailer Jumia Technologies — known as “the Amazon of Africa” — announced that it would no longer provide its eCommerce platform activities in Cameroon,...

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Africa Gains Global FinTech Investor Favor
Africa Gains Global FinTech Investor Favor
November 18, 2019  |  Fintech Investments

The potential to bring electronic payments to the continent of Africa, home to 1.2 billion unbanked and underbanked individuals, has been enough to lure FinTech...

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Visa To Invest $200M In Nigerian FinTech Interswitch
Visa To Invest $200M In Nigerian FinTech Interswitch
November 12, 2019  |  Investments

Africa’s veteran FinTech firm Interswitch became the sector’s first unicorn following a $200 million investment by Visa that gave it a 20 percent equity stake...

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BitPesa Restructures, Secures $15M For Expansion
BitPesa Restructures, Secures $15M For Expansion
October 23, 2019  |  B2B Payments

B2B FinTech BitPesa, which operates a platform offering foreign exchange and cross-border payment services, is restructuring and has announced new funding to support its expansion...

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Building The ‘Super App’ For The African Market
Building The ‘Super App’ For The African Market
October 04, 2019  |  Digital Banking

This week, Cellulant – an Africa-focused payments services firm – is announcing a big play to build the comprehensive “catch-all app” for consumers in the...

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Cellulant Announces Tingg ‘Super App’ For Africa Payments
Cellulant Announces Tingg ‘Super App’ For Africa Payments
October 01, 2019  |  Payments Innovation

To bring remittances, bill payments, group investments, lending and food as well as gas orders into one app, pan-African payments firm Cellulant has been quietly creating...

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How To Better Served The Unbanked In Nigeria
How To Better Served The Unbanked In Nigeria
September 25, 2019  |  Digital Banking

Among the biggest ongoing challenges and opportunities in payments – and a trend that will hold well into the 2020s, which are just about to...

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African DHL eCommerce Store Adds 13 New Countries
African DHL eCommerce Store Adds 13 New Countries
September 09, 2019  |  eCommerce

The DHL Africa eShop has expanded to include 13 more countries, bringing the total number of supported countries on the continent to 34, according to...

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