The Empower Africa Business Platform is Now Live !!!
South African fintech startup Peach Payments has closed a $31 million Series A funding round for expansion.
Peach Payments is a cutting-edge payment platform that allows businesses of all sizes to process payments quickly, securely, and efficiently. By leveraging the latest technology and a deep understanding of customer needs, the startup has emerged as a leader in the fast-growing fintech sector. Peach Payments secured the latest investment from Apis Growth Fund II, a private equity fund managed by Apis Partners, a UK-based asset manager. The startup will use the funding to fuel its expansion plans across South Africa and beyond.
South Africa’s Free State province is taking a major leap towards electric mobility with a $234 million investment in the world’s first network of solar-powered electric vehicle charging stations.
Enko Capital, a firm specializing in investments across Africa, has secured a significant commitment from the International Finance Corporation (IFC) for its new Enko Impact Credit Fund (EICF).
WayUp Sports, an Egyptian e-commerce platform specializing in performance-based sports gear, has secured a seed round of funding to fuel its regional expansion, launch a private brand, and enhance user experience across its application and website.