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Kotani Pay Secures $2 Million Pre-Seed Funding for Cross-Border Crypto Remittances in Africa
Kotani Pay, a Nairobi-based crypto payments startup, secures $2 million pre-seed funding to facilitate cross-border remittances for underserved populations in Africa.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Anchor Closes $2.4 Million to Scale Banking-As-A-Service for African Businesses
Anchor charges users for accessing the platform, but also takes a cut of every billable transaction.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Okra Solar Raises $12 Million to Power Mesh-Grid Electrification in Africa
Cleantech startup, Okra Solar has raised a $12 million Series A to enable mesh-grid electrification in Africa.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- solar
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Black Ostrich Ventures Launches $20 Million Fund to Back Startups Outside Africa’s “Big Four”
US-based firm, Black Ostrich Ventures has raised a $20 million fund to invest in cleantech, supply chain, agritech, and edtech in Tanzania, Zambia, Morocco, and Uganda.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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BII and FMO Unveil $40 Million Commitment to Dashen Bank, Supporting Ethiopia’s Financial Sector
The innovative facility enables a progressive local bank to expand lending to exporters.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Nigeria Secures $500 Million Investment to Propel Digital Economy Growth
The minister emphasized the government’s strategy to keep the funding local, ensuring genuine Nigerian businesses benefit.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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LemFi Bags $33 Million in Series a Funding Round to Fuel Global Expansion
LemFi launched in Canada in 2020 to enable “easy and low-cost” remittances to Nigeria, Ghana and Kenya.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, remittances
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ChatSME: South Africa’s First Large Language Model for Business Owners
This first-of-its-kind generative AI (Artificial Intelligence) model aims to provide easy access to valuable knowledge and resources, fostering growth and success in the vibrant, and crucially important SME (small medium enterprises) community.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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