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Tag: Digital Transformation
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South African Fintech Happy Pay Secures $1.8 Million in Pre-Seed Funding to Expand BNPL Services
South African fintech startup Happy Pay has secured R32 million ($1.8 million) in pre-seed funding to fuel its growth and expand its Buy Now, Pay Later (BNPL) offerings.
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Algerian Edtech LabLabee Raises $3.4 Million in Seed Funding Led By Reach Capital
Algeria-based edtech startup LabLabee has secured $3.4 million in seed funding to accelerate the adoption of 5G, cloud, and AI technologies in the telecom and industrial sectors.
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Mastercard Foundation Pledges $360 Million for African Girls’ Education
The Mastercard Foundation has announced a significant expansion of its partnerships with the Campaign for Female Education (CAMFED) and the Forum for African Women Educationalists (FAWE) to support young women and girls in Africa.
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Nigerian Healthtech Company Field Intelligence Inc Raises $11 Million to Combat Maternal and Child Mortality
Nigerian healthtech company, Field, has introduced a groundbreaking service aimed at addressing critical health challenges in maternal mortality, newborn and child health, and nutrition.
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Egyptian Fintech Paymob Secures $22 Million in Additional Funding For MENA Expansion
Egypt-based fintech startup Paymob has announced a successful extension of its Series B funding round, securing an additional $22 million.
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FSDAi Nyala Facility Invests $1 Million in First Circle Capital Africa Fund I
FSDAi Nyala Facility BV, a venture established by FSD Africa Investments, has announced a US$1 million investment in First Circle Capital Africa Fund I.
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Launch Africa Ventures Unveils New Mezzanine Impact Fund
Early-stage venture capital firm Launch Africa Ventures has launched its Mezzanine Impact Fund, a new initiative aimed at providing growth capital to technology companies in Africa and the Gulf Cooperation Council (GCC) region.
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Standard Chartered and WomHub Partner to Launch Second Women in Tech Incubator
Standard Chartered Bank and WomHub have announced the launch of the second Women in Tech (WiT) Incubator Programme in South Africa.
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Applications Open for Timbuktoo HealthTech Accelerator Program Offering $100K to Transform Healthcare in Africa
Applications Open for Timbuktoo HealthTech Accelerator Program Offering $100K to Transform Healthcare in Africa