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Tanzania’s Nala wins Ecobank Fintech Challenge
After being named overall winner of the annual challenge, which is run annually by Ecobank and was last year won by Nigerian fintech startup IroFit, Nala walks away with US$10,000 in prize money.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech, startups
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Press release: Ambitious new Innovation Partnerships with African countries
A series of ambitious new Innovation Partnerships between the UK and Africa are expected to stimulate significant economic growth and support the creation of thousands of new jobs. Initiatives in South Africa, Kenya and Nigeria will include teams to boost innovation in technology, an accelerator programme and entrepreneurship schemes.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press release: Tulaa is winner of the MIT Zambezi Prize for Innovation in Financial Inclusion
"Being awarded this prestigious prize is wonderful recognition of our team's efforts to use innovative technology to unlock the potential in rural markets in Africa, " said Hillary Miller-Wise, Founder and CEO of Tulaa. "We are humbled to have been selected from a cohort of exciting and innovative startups on the continent."
- Source
- Press release
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Nigerian fintech startup Mines plans expansion after $13m funding round
Nigerian fintech startup Mines is planning to expand to other African markets, as well as some in Southeast Asia and Latin America, after securing significant funding last month.
- Region
- Sub-Saharan Africa
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Paystack, with ambitions to become the Stripe of Africa, raises $8M from Visa, Tencent… and Stripe itself
Paystack, a Stripe-like startup out of Lagos that provides online payment facilities to merchants and others by way of an API and a few lines of code, is announcing that it has raised $8 million in a Series A round of funding.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech, startups
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The battle for Africa: Can Cardano (ADA) Overpower the World’s First Mobile Money Payment System?
The blockchain is perfectly poised to take over developing markets in Africa, Central Asia, South America and other developing areas as the Cardano blockchain offers.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press release: New project to boost agribusiness, youth employment in Kenya
Vijabiz aims to promote innovative, attractive and sustainable employment for youth by providing training, coaching and mentoring in the entrepreneurship and business skills needed to develop and run successful agricultural enterprises. The initial focus will be on cereals, dairy and fishery value chains.
- Source
- Press release
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- employment, youth
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Mobile Money Surpasses Checks as Leading Method for Non-cash Payments in Ghana
Data released by the Bank of Ghana last week reveals that mobile money is now the leading platform for payments in Ghana outside of cash itself.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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