Startup

In 2021, African money-transfer startup Chipper Cash was valued at $2.2 billion. However, it struggled to adapt to the funding collapse in 2022, resulting in layoffs and a deep valuation cut. The company, co-founded by Maijid Moujaled and Ham Serunjogi, is now focusing on profitability in an attempt to weather…

Moniepoint, a prominent African Fintech firm specializing in offering banking services for businesses, has commenced the 3rd edition of its women in Tech internship program with a grand event dedicated to honoring the latest cohort of talented and aspiring women in the technology sector. This event united exceptional female technical…

Health-tech startup, Remedial Health, recently secured $12 million in Series A funding, consisting of $8 million in equity and $4 million in debt. The company intends to utilize this capital infusion to expand its operations in Nigeria and enhance the provision of specialized financial services aimed at fostering the growth…

Africa’s leading payments technology company, Flutterwave recently launched Tuition, a new payment product designed to allow African parents conveniently pay various fees to educational institutions within Africa and overseas using their local currencies. Speaking about the product, Flutterwave CEO, Olugbenga Agboola said, “We are excited to launch Tuition to support…

South Korea is billed to sign a K-Rice Belt agreement with eight African countries next week to help them grow a variety of crops, including rice. Newsmen reports that ministers from these African countries will arrive in Seoul on Monday to sign a memorandum of understanding. The African countries include…