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.

The British International Investment (BII), the African Development Bank (AfDB), and the European Bank for Reconstruction and Development (EBRD)—have pledged a combined $479.1 million to Obelisk Solar Power, a project vehicle owned by renewable energy company Scatec.

Blueroomcare, a Nigerian startup offering insurance-covered online therapy services, has secured an undisclosed amount of pre-seed funding.

South African workforce management startup Jem has raised $8.4 million in Series A funding to accelerate product development and expand its WhatsApp-based platform for deskless employees. Quona Capital led the round, which Jem announced on August 17, 2026.