Ampersand, a Rwandan electric motorcycle manufacturer, has raised a $2 million Series A extension to expand to other East African…
It’s been 151 days since South Africa experienced load shedding, a deliberate rationing of electricity supply to prevent failure of…
African fintechs that help companies access banking services in the U.S. and Canada are wooing founders affected by Mercury’s abrupt…
TymeBank, the South African digital bank with R4 billion ($222 million) in customer deposits, will launch in Indonesia by the…
Zone, a Nigerian blockchain-enabled payments infrastructure, has partnered with the Nigerian Inter-Bank Settlement Scheme (NIBSS) to introduce blockchain technology to…
PrivPay, a Kenyan fintech that allowed customers to make M-PESA transactions without revealing their personal details, shut down in May…
Kuda, the Nigeria-focused neobank backed by Target Global, tripled its revenue, according to its latest audited financial statements filed with…
E-commerce giant Jumia appointed Anthony Mbagwu as the managing director of its Nigerian fintech arm, JumiaPay. Mbagwu joins JumiaPay from…
Hohm Energy, the South African solar company that announced a $8 million seed round in February, is currently not operational due to…
Mobius Motors, a Kenya-based automaker backed by Playfair Capital, has entered a voluntary liquidation after efforts to rescue the company…