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Fingo Africa, a YC-backed fintech, has partnered with Ecobank to launch the first neobank in Kenya.
This expansion marks a significant milestone in AfriLabs’ mission to catalyze innovation, entrepreneurship, and technology-driven growth throughout Africa.
The Young African Leadership Initiative (YALI) has partnered with Microsoft Africa Development Center (ADC) to improve the digital skills of young people in the East African region.
This expansion marks a significant milestone in AfriLabs’ mission to catalyze innovation, entrepreneurship, and technology-driven growth throughout Africa.
Senegalese logistics company Chargel has secured $2.5 million seed funding for Francophone Africa expansion.
Nigerian payment service provider Nomba has raised a $30 million Pre-Series B funding round to enable businesses to easily and securely receive customer payments across Africa.
Wecyclers Corporation, a leading Nigerian recycling startup, has secured $2 million in funding to recycle 30,000 tonnes of plastics over the next five years
In Zambia, South African multinational mobile telecommunications company MTN Group has launched a skills academy to empower the youth and bridge the digital skills gap.
The African Development Bank Group (AfDB) has secured a $350 million loan from the Japan International Cooperation Agency (JICA) to enhance its support for private sector operations in Africa.