Tag: Africa

Egypt’s Cartona raises $8.1M even as investors pull back from B2B e-commerce in Africa

When Egyptian B2B e-commerce platform Cartona last raised money in 2022, global and local investors were eager to invest in African startups solving...

Dozens of Russian mercenaries killed in rebel ambush in Mali, in their worst known loss in Africa

The video is as triumphant as it is gruesome. Rebel fighters, rifles slung over their shoulders, step among more than a dozen bodies...

Egypt’s MNT-Halan banks $157.5M, gobbles up a fintech in Turkey to expand

MNT-Halan, a fintech unicorn out of Egypt, is on a consolidation march. The microfinance and payments startup has raised $157.5 million in funding...

Intron Health gets backing for its speech recognition tool that recognizes African accents

Voice recognition is getting integrated in nearly all facets of modern living, but there remains a big gap: speakers of minority languages, and...

Pesa unlocks new markets to keep remittances flowing to emerging economies

Founders of Pesa, a remittance fintech, know too well how costly, inaccessible and unreliable remittance services drive people to opt for risky informal...