Small Business

Okra joins local cloud providers providing affordable alternatives to AWS and Azure

Okra, an open-banking startup in Nigeria, has launched Nebula, a cloud infrastructure product. It joins a growing list of homegrown…

9 months ago

Uber-backed Moove takes its search for profitability to America

Moove, the Uber-backed Nigerian startup that finances vehicles for ride-hailing companies, is expanding operations to the U.S. Since August, the…

10 months ago

Kenyan e-commerce startup Chpter raises $1.2 million in pre-seed round

Chpter was accepted into two accelerator programs before closing this pre-seed deal.  Chpter, a Kenyan e-commerce startup launched by co-founders…

10 months ago

Electric motorcycle maker Ampersand raises $2 million to expand in East Africa

Ampersand, a Rwandan electric motorcycle manufacturer, has raised a $2 million Series A extension to expand to other East African…

10 months ago

End of load shedding tests South Africa’s solar industry

It’s been 151 days since South Africa experienced load shedding, a deliberate rationing of electricity supply to prevent failure of…

10 months ago

Raenest, Leatherback, Vesti, and Graph pitch themselves to African founders as Mercury alternatives

African fintechs that help companies access banking services in the U.S. and Canada are wooing founders affected by Mercury’s abrupt…

10 months ago

Exclusive: TymeBank to launch in Indonesia as it continues Southeast Asia focus

TymeBank, the South African digital bank with R4 billion ($222 million) in customer deposits, will launch in Indonesia by the…

10 months ago

Zone, NIBSS partner to use blockchain to record POS payments

Zone, a Nigerian blockchain-enabled payments infrastructure, has partnered with the Nigerian Inter-Bank Settlement Scheme (NIBSS) to introduce blockchain technology to…

10 months ago

PrivPay shutdown after Safaricom cut API access over compliance violations

PrivPay, a Kenyan fintech that allowed customers to make M-PESA transactions without revealing their personal details, shut down in May…

10 months ago

Kuda, the Target Global-backed challenger bank, tripled revenue to $22 million in 2022

Kuda, the Nigeria-focused neobank backed by Target Global, tripled its revenue, according to its latest audited financial statements filed with…

11 months ago