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Market Dynamics

The USAID Shutdown Puts Millions of African Lives at Risk

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Last year alone, the US contributed $3.7 billion in humanitarian aid to sub-Saharan Africa. At least 73 percent of this was allocated to health...
Tech for Business

African fintech Moniepoint gets Visa backing, plans to work on contactless payments

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Visa has joined African fintech Moniepoint as a new investor. The business banking and payments platform confirmed to TechCrunch that it received a “strategic...
Tech for Business

How African VC firm Oui Capital returned its first fund with Moniepoint’s unicorn exit

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At a recent investor meeting, early-stage African investor Oui Capital informed limited partners that it had returned its $4 million debut fund following the...
Tech for Business

Fast-growing South African venture FARO raises $6M to source, refurbish and sell surplus clothing

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Global fashion brands grapple with excess inventory. ASOS, for instance, had over £1.2 billion of unsold products in 2022.  Mostly, these brands avoid reselling...
Tech Innovations

6 Chefs Predict 2025 Cooking Trends: AI Recipes, African Grains and Pickling

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The age of social media has ushered in an abundance of annual food and drink trends, from tart cherry juice-based sleepy girl mocktails to...
Tech for Business

Nubank leads $250M round in African digital bank Tyme at $1.5B valuation

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Tyme Group, a South African-born fintech operating in the African country and the Philippines, has secured $250 million in a Series D round, pushing...
Tech for Business

This stealthy African stablecoin startup already processed over $1B in cross-border payments

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Juicyway, an African fintech that leverages stablecoin technology to power fast and cheap cross-border payments, is launching out of stealth after processing over $1...
Tech for Business

Ventures Platform ClimateTech White Paper Calls For Climate-resilient Business Models in the African Tech Sector

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Ventures Platform, a leading early-stage venture capital fund in Africa, has launched a white paper titled Innovating for a Sustainable Future: Leveraging Venture Capital...
Tech for Business

Orange Business Works with Meta & OpenAI on African Languages

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