Tag: Africa

Gozem nets $30M to expand vehicle financing, digital banking in Francophone Africa

Since its launch in 2018 as a ride-hailing service in Togo, Gozem has steadily expanded across French-speaking West Africa, integrating a wide range...

Ghanaian fintech Affinity bags $8M to scale digital banking in a mobile money-market

Africa’s top digital banking platforms typically dominate high-growth, populous markets like Nigeria, South Africa, and Egypt. But Affinity Africa, an upstart from Ghana,...

QED leads $11M investment in Nigerian fintech Raenest

As Africa’s tech ecosystem booms, more people from the region are landing remote jobs with big tech firms and global startups. But getting...

Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi

A large portion of Egypt’s population lacks access to traditional banking, forcing many to rely on cash transactions and informal lending. Khazna, a...

Africa knew Trump's 'America First' pledge meant it might be last. Then came the freeze on aid

JOHANNESBURG (AP) — Four days after President Donald Trump signed an executive order freezing almost all U.S. foreign aid, an email landed in...

Uber-backed mobility fintech Moove acquires Brazil’s Kovi, takes ARR to $275M

Uber-backed Moove, an Africa-born mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers across six continents, has acquired Kovi, a...