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Timbuktoo Launches Pan-African Fintech Hub in Lagos
Jul 10, 2024 · The United Nations Development Programme (UNDP) and the Timbuktoo Africa Innovation Foundation, have launched the Fintech Timbuktoo Hub in Lagos, Nigeria.This hub is designed to catalyze innovation, foster collaboration, and drive growth within the Pan-African fintech ecosystem to spur socio-economic development.
Klasha Raises $2m to Further Ease Crossborder B2B Payments in …
5 days ago · Klasha, the Nigerian B2B fintech startup, has raised an additional $2 million in funding to provide cross-border payment services for merchants in Asia and Africa to collect and send B2B payments. The investors include Expert Dojo, Alumni Ventures, Practical VC, Breega, My Asia VC, Resilience17, and Magic Fund. This brings Klasha’s total funding to $6.5M.
Yellow Card Closes US$33M Series C Funding Round to Drive …
5 days ago · Yellow Card, the African licensed Stablecoin on/off ramp, has closed $33 million Series C financing led by Blockchain Capital, with participation from Polychain Capital, Third Prime Ventures, Castle Island Ventures, Block, Inc., Galaxy Ventures, Blockchain Coinvestors, Hutt Capital, and Winklevoss Capital. This financing marks progress for stablecoins on the continent and practical ...
ThriveAgric Partners with Visa to Expand into Kenya
Oct 15, 2024 · ThriveAgric, a Nigerian Agritech startup, has partnered Visa, a world leader in digital payments; to support their expansion into Kenya. ThriveAgric, the global winner of the 2022 Visa Everywhere Initiative, an open innovation program that helps start-ups unlock new opportunities, will set up local hubs to support farmers in five counties, namely Busia, Homabay, Migori, Nandi & Narok.
SouthAfrica’s GoMetro Selected For Freight Innovation Fund
5 days ago · GoMetro, a South African-founded B2B software-as-a-service fleet management company, has been selected as a recipient of a £147,000 grant from the UK Freight Innovation Fund. It is funded by the UK Department for Transport (DfT) and delivered through Connected Places Catapult, the UK’s innovation accelerator for cities, transport and place leadership.
Regfyl Raises $1.1m to Tackle Africa’s AML Compliance Crisis
Sep 21, 2024 · Regfyl, a Nigerian anti-money laundering (AML) compliance startup, has raised $1.1 million in pre-seed funding to address the growing regulatory challenges facing African financial institutions.Investors include Techstars, RallyCap Ventures, DCG Expeditions, Africa Fintech Collective and Musha Ventures, and several strategic angel investors. Co-founders Tunde Ibidapo-Obe and Tomiwa Erinosho ...
Mobile Network Startup Has Enabled Millions of Ethiopians to …
Oct 15, 2024 · New report highlights positive impact of liberalisation of mobile market in Africa’s second largest country; A new report published today by British International Investment has revealed that a UK-backed mobile network operator has helped millions of Ethiopians to access superfast 4G mobile internet across the country.
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Techawk provides the latest innovation, entrepreneurship, and technology news in Nigeria and Africa.We pride ourselves as the hub for founders and entrepreneurs to get information on funding and accelerators to join. Techawk is owned by The Hawk Media..
PAM Africa Hosted Inaugural PAMDAY Event Showcasing …
Oct 15, 2024 · PAM Africa’s achievements are supported by partnerships with key investors, including Innovate UK, EDP through the Access to Energy (A2E) Fund, and AFD through the Digital Energy Facility. These collaborations have been instrumental in advancing PAM Africa’s solar solutions and scaling its impact in underserved communities.