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Africa Roundup: Goldman leads $30M Twiga raise, China grows tech influence, Jumia weathers lockup-expiry

Africa Roundup: Goldman leads M Twiga raise, China grows tech influence, Jumia weathers lockup-expiry Kenya’s Twiga Foods raised a total of $30 million in October from lenders and investors led by Goldman Sachs. This adds to the list of African startups the U.S. financial firm has backed, including e-commerce venture Jumia and South […]

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SF based African fintech startup Chipper Cash expands to Nigeria

SF based African fintech startup Chipper Cash expands to Nigeria The African no-fee, cross-border payment startup Chipper Cash has expanded to Nigeria. The San Francisco based startup, with offices in Ghana and Kenya, will offer its P2P payment service and app in Africa’s most populous nation in partnership with PayStack—the payment gateway company. […]

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Update on Nigerian fintech firm Interswitch and its speculative IPO

Update on Nigerian fintech firm Interswitch and its speculative IPO Nigerian fintech firm Interswitch has been circulating in business news around a possible IPO on the London Stock Exchange. Last month Bloomberg News ran a story—based on unnamed sources—reporting the financial services firm had hired investment banks to go public on the […]

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SimbaPay launches Kenya to China payment service via WeChat

SimbaPay launches Kenya to China payment service via WeChat Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Africa’s agtech wave gets $10 million richer as Twiga Foods raises more capital Nigerian data analytics company […]

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Naspers announces $300 million initiative to support startups and tech in South Africa

Naspers announces 0 million initiative to support startups and tech in South Africa Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Marieme Diop and Shikoh Gitau to speak at Startup Battlefield Africa Local venture […]

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African financial technology startups move beyond payment services

African financial technology startups move beyond payment services Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor African financial technology startups move beyond payment services Africa Roundup: Paga goes global and 4 startups raise $99M […]

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Africa Roundup: Paga goes global and 4 startups raise $99M in VC

Africa Roundup: Paga goes global and 4 startups raise M in VC Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Polestar unveils first production EV with aim to overtake Tesla Liquid Telecom goes long […]

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With a $10 million round, Nigeria’s Paga plans global expansion

With a million round, Nigeria’s Paga plans global expansion Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor African tech leaders Fope Adelowo, Ken Njoroge, Tayo Oviosu to speak at Disrupt SF Offering a white-labeled […]

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Nigeria’s Piggybank.ng raises $1.1M, announces group investment product

Nigeria’s Piggybank.ng raises .1M, announces group investment product Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Africa Roundup: Safaricom unveils Bonga, Africa’s Talking gets $8.6M, TechCrunch visits Nigeria, Ghana Safaricom rolls out Bonga social […]

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African VC TLcom Capital invests $5M in Nigerian data analytics firm Terragon Group

African VC TLcom Capital invests M in Nigerian data analytics firm Terragon Group The African venture firm TLcom Capital is betting on Africa’s data analytics markets with a $5M investment in Nigerian based Terragon Group, the developer of a software analytics service for customer acquisition. TLcom’s commitment is the second from its $40 million TIDE Africa Fund for […]

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