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

Wasoko Expands African B2B eCommerce Marketplace Into Zambia
Wasoko Expands African B2B eCommerce Marketplace Into Zambia
May 11, 2023  |  eCommerce

B2B marketplace Wasoko has moved into Zambia as part of a broader expansion in Africa. “Launching its central hub in Lusaka, Wasoko’s operations will enable...

READ MORE >
Digital Escrow Helps Africa’s SMBs Bridge Trade Trust Deficit
Digital Escrow Helps Africa’s SMBs Bridge Trade Trust Deficit
May 10, 2023  |  Cross Border Commerce

An estimated $5 billion is lost annually in intra-African trade. And apart from the high trade costs associated with operating in a highly fragmented region,...

READ MORE >
Is M-Pesa Missing Link to Accelerating Kenya’s Real-Time Payments Adoption?
Is M-Pesa Missing Link to Accelerating Kenya’s Real-Time Payments Adoption?
May 05, 2023  |  Real-Time Payments

Kenya is known as the home of mobile payment system M-Pesa, and it is also one of the few African countries to have made significant...

READ MORE >
Nomba Raises $30 Million for ‘Bespoke’ Payment Solutions
Nomba Raises $30 Million for ‘Bespoke’ Payment Solutions
May 02, 2023  |  Payments As A Service

Nigeria’s Nomba has raised $30 million to move payments from the “generic” to the specific. “Despite the growth in digital payments across Africa, most businesses...

READ MORE >
Smile Identity Acquires Appruve to Expand Identity Verification Across Africa
Smile Identity Acquires Appruve to Expand Identity Verification Across Africa
April 26, 2023  |  Acquisitions

Smile Identity has acquired Appruve to expand its digital identity verification solution across Africa. In addition to buying Appruve’s parent company, Inclusive Innovations, Smile Identity is working to finalize...

READ MORE >
Payday Raises $3 Million for ‘Future of Work’ in Africa
Payday Raises $3 Million for ‘Future of Work’ in Africa
March 29, 2023  |  Investments

African neobank Payday is looking to new markets after raising $3 million. The funding, announced Wednesday (March 29), will help the company secure operational licensing...

READ MORE >
Africa’s Startup Future Requires VCs to Sell Investors on Potential
Africa’s Startup Future Requires VCs to Sell Investors on Potential
March 27, 2023  |  Africa

As the global banking and financial services sector take stock after the collapse of Silicon Valley Bank (SVB), there are many lessons to be learned,...

READ MORE >
Credable Raises $2.5 Million to Expand Digital Banking Platform
Credable Raises $2.5 Million to Expand Digital Banking Platform
March 20, 2023  |  Investments

Digital banking platform Credable wants to reach new markets after raising $2.5 million. The seed funding round, reported Monday (March 20) by TechCrunch, will help...

READ MORE >
Flutterwave to Expand Operations in Rwanda After Receiving New Licenses
Flutterwave to Expand Operations in Rwanda After Receiving New Licenses
March 15, 2023  |  Payment Methods

Flutterwave has secured two more licenses from the National Bank of Rwanda. The new electronic money issuer license allows Flutterwave to acquire all types of payment instruments...

READ MORE >