News

Call For Applications: Climate Adaptation Innovation Accelerator Programme

The WFP Innovation Accelerator, with the support of the Adaptation Fund, has introduced the Climate Adaptation Innovation Accelerator Programme. This initiative is part of the Adaptation Fund Climate Innovation Accelerator (AFCIA) partnership.

by Joel Omulo

Call For Applications: Climate Adaptation Innovation Accelerator Programme

News Companies

South African Fintech Neonomad Set to Launch Zarcoin, a Rand-Backed Stablecoin

South African fintech startup Neonomad is poised to revolutionize the financial landscape with the introduction of Zarcoin (ZARC), a stablecoin tied to the South African Rand.

by Joel Omulo

South African Fintech Neonomad Set to Launch Zarcoin, a Rand-Backed Stablecoin

News Companies

Nigeria’s Risevest Eyes Expansion with Potential Acquisition of Kenyan Startup Hisa

Risevest, a leading Nigerian wealth management platform, is reportedly in talks to acquire Hisa, a Kenyan-based fintech startup that enables users to buy US stocks. This potential acquisition aligns with Risevest's strategy to expand its footprint across Africa.

by Joel Omulo

Nigeria’s Risevest Eyes Expansion with Potential Acquisition of Kenyan Startup Hisa

News Startup Updates

US Bank Mercury to Close Accounts of Nigerian Startups Amid Compliance Issues

Mercury Bank, a prominent US financial institution that caters to global startups, has announced plans to terminate the accounts of Nigerian startup founders. The closure, set for August 22, 2024, is part of a broader policy affecting numerous countries predominantly from Africa and the Middle East.

by Joel Omulo

US Bank Mercury to Close Accounts of Nigerian Startups Amid Compliance Issues

News Companies

Egypt's Banknbox and CSC Jordan join forces to drive Financial Inclusion

Cairo-based digital banking and payment services platform, Banknbox, has entered into a strategic cooperation agreement with CSC Jordan. This collaboration is set to enhance financial inclusion and offer advanced services to customers of both companies.

by Joel Omulo

Egypt's Banknbox and CSC Jordan join forces to drive Financial Inclusion

News Startup Updates Funding

Village Capital Backs African Agritech Startups Aquarech and Coamana

Aquarech and Coamana will receive $350,000 and $500,000, respectively, from Village Capital. This funding is crucial for the expansion and development of their groundbreaking solutions in the agricultural sector.

by Joel Omulo

Village Capital Backs African Agritech Startups Aquarech and Coamana

News Funding

Egypt's Kemitt Expands into Saudi Arabia Following Successful Funding Round

Egyptian e-commerce platform Kemitt, known for its specialization in furniture, has officially expanded into the Saudi Arabian market following a successful, yet undisclosed, funding round.

by Joel Omulo

Egypt's Kemitt Expands into Saudi Arabia Following Successful Funding Round

News Companies

Lafarge Africa Plc Introduces Nigeria’s First Low-Carbon Multipurpose Cement

Lafarge Africa Plc, a pioneer in innovative and sustainable building solutions, proudly announces the launch of ECOPlanet Unicem, Nigeria's first low-carbon multipurpose cement.

by Joel Omulo

Lafarge Africa Plc Introduces Nigeria’s First Low-Carbon Multipurpose Cement

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