Orange in partnership with DabaDoc has launched Orange Santé in Cote d’Ivoire. Orange Sante is a platform dedicated to the health ecosystem in Africa which is aimed at both African patients and doctors. It provides access to several services such as online appointment booking, payment for remote consultations by the…
Author: Oluwasegun Olukotun
Egypt-based petcare platform Vetwork has raised a Bridge round from several investors from Saudi Arabia and members of the Alexandria Angel Network, along with financial support from Nestlé Purina. The amount raised was not disclosed. Founded in 2019 by Fady Azzouny and Adam Hafez, Vetwork is a one-stop shop for…
The Cairo Angels Syndicate Fund (CASF), a micro venture capital fund that invests in early-stage startups in the Middle East and Africa has announced its investment in the Nigerian FinTech company CredPal. Launched in 2018 by Fehintolu Olaogun and Olorunfemi Jegede, Y-Combinator and Google-backed CredPal is a financial technology company…
Egypt-based omnichannel conversational AI startup DXwand has closed a pre-Series A investment round of $1 million, led by Huashan Capital, US-based VC firm SOSV, with commitments from angel investors Mr. Mohsen Abulleil and Mr. Ahmed Bakeer. Founded in 2018 by Ahmed Mahmoud, DXwand is an AI-driven software that automates text…
Mastercard has announced it is enabling NFT commerce through its partnership with NFT marketplaces like Immutable X, Candy Digital, The Sandbox, Mintable, Spring, Nifty Gateway, and Web3 infrastructure provider MoonPay. The partnership with these companies will allow people to use their Mastercard cards for NFTs purchases, whether that’s on one…
Music streaming app, Boomplay has opened its Côte d’Ivoire office to enhance music streaming and help Ivorian artists reach a broader audience within and outside the continent. With over 70 million monthly active users, 80 million songs, and thousands of playlists available on the service, Boomplay remains committed to helping…
Tunisian edtech startup GOMYCODE has secured $8 million in a Series A round led by AfricInvest, through the Cathay AfricInvest Innovation Fund (CAIF), and Proparco; Wamda Capital also continued to invest, having invested in the Seed round. The funds will help drive the startup’s mission to democratise tech education across…
Egypt-based fintech ADVA has raised an undisclosed “six-digit figure” Seed round from Sawari Ventures and has launched its premium programs that provide customers with access to funds of up to EGP one million. Founded in 2020 by Rania Gaafar, ADVA is a consumer lending platform that allows customers to pay…
Blockchain-based startup 3air has launched its African-focused NFT marketplace which will feature creations by African Artists. The platform will allow African artists to display their crafts while also networking with collectors and enthusiasts around the globe. Members of the 3air community will transact in BUSD, and the buyer will be…
Blockchain technology company Cronos has launched its $100 million Cronos Accelerator Program to support developers and builders in accelerating the growth of this ecosystem. The Accelerator announcement is excellent news for blockchain projects that find themselves in the seed-pre-seed stage and are looking for funding, mentorship, growth, or a combination…
PayPal has announced that starting from today it will begin to support the native transfer of cryptocurrencies between PayPal and other wallets and exchanges. According to Jose Fernandez da Ponte, Senior Vice President and General Manager, Blockchain, Crypto & Digital Currencies, the feature has been consistently ranked by users as…
Universal Music Group (UMG), the world leader in music-based entertainment, today announced the launch of Virgin Music Label & Artist Services in Africa. Virgin Music Label & Artist Services Africa is the latest division of UMG’s global network to launch operations, dedicated to delivering premium and flexible artist and label…
Egypt-based insurtech, Nice Deer, raised $1 million in a pre-Seed funding round led by DisrupTech Ventures. Nice Deer was founded early in 2022 by Mustafa Medhat and Engy Shalash and currently operates in Egypt. It aims to bridge the gap between health care providers, health insurance companies, and beneficiaries by…
First City Monument Bank (FCMB) has partnered with PressPayNg to develop a digital platform for young Nigerians to fund their tertiary education fees through target savings, scholarships, loans, and crowdfunding. The platform is expected to help over 1,500,000 million young Nigerians in the next three years to actualise their higher…
Africa Data Centres, part of the Cassava Technologies Group, a pan-African technology group has announced that it is building a 30MW data centre facility in Accra, Ghana. The new facility will lay the groundwork for the company’s hyper-scale partners to expand digital services and solutions to more countries in West…
Lagos and San-Francisco based startup transforming cross-border African commerce, Klasha, has raised an additional $2.1 million fundraise – to complete its $4.5 million seed round. The startup had secured $2.4 million in seed funding in 2021. The funding round included Amex Ventures – its first investment in an African-focused startup. Klasha’s…
Egypt-based fintech valU has extended its services to Saudi Arabia through a partnership with FAS Labs, owned by Fawaz Abdulaziz Alhokair Co. (Alhokair) and Arabian Centres Company (ACC). The agreement will accelerate the geographical expansion of the MENA region’s leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, providing digital consumer finance…
The Beyond the Grid Fund for Africa (BGFA) has announced it will open a €15 million funding round in the Democratic Republic of the Congo (DRC) at the end of June 2022. The Donor (Sweden), gave green light to the launch At the BGFA Steering Committee meeting related to the…
AFEX, Nigeria’s leading commodities exchange, marked World Hunger Day by committing to feeding an additional one million households over the next 12 months. To date, AFEX has helped smallholder farmers grow their income by 400%, within 2-3 years of joining its platform. It has worked with over 350,000 farmers and…
Leading global cryptocurrency trading platform KuCoin is launching its brand-new decentralized product — KuCoin Wallet, with its website going live for users to access the service starting June 1st. The official app of KuCoin Wallet is also expected to launch later in June. Open beta app testing is expected to…