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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.

Nigerian edtech startup AltSchool Africa has launched a new initiative to help Africans access artificial intelligence (AI) education.

The Council for Scientific and Industrial Research (CSIR) has secured a $4 million investment from the Bill & Melinda Gates Foundation to drive skills and health innovation.

Wuilt, an Egyptian e‑commerce infrastructure startup, has secured $2 million in new financing.