Water Financial, a South African reverse mortgage provider, has issued a $1.6 million (30 million Rand) capital raise facilitated by Mesh.trade, a tokenised financial assets exchange. The exchange issued 30,000…
80Eight, a dynamic public company based in Johannesburg, South Africa, is transforming the landscape for small and medium-sized enterprises (SMEs) across Africa by integrating cryptocurrency into their business operations. Established…
Nigeria was the only African country that made it to the top 20 in Chainalysis’ latest 2024 Crypto Adoption Index. The West African nation emerged 2nd in the index after…
Egyptian financial services provider, PayMob, has secured an additional $22 million in funding to its series B round. The round was led by EBRD Venture Capital, with participation from: Endeavor…
Kenyan investment app, Hisa, has been acquired by Risevest, a similar but more established venture in Nigeria. “Excited to share that Hisa has been acquired by Risevest,” announced Hisa…
The Nigeria Securities Exchange Commission (SEC Nigeria) Chief says the authority will be taking action on entities operating outside of its regulatory purview. “We are certainly going to commence…
Startups in the Middle East and North Africa region (MENA) raised $83 million across 30 rounds in August 2024. The figure represents a 76% month-on-month (MoM) decrease from the $355…
MANSA, a recently founded liquidity provider, has added blockchain payment platform, BitMama, as one of its clients to boost its business across Africa. Bitmama started in 2017 as a P2P…
U.S-traded spot Ethereum (ETH) exchange-traded funds (ETFs) saw about $476 million in outflows during the first month of trading. The ETFs, listed on July 23 2024, posted positive net inflows…
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TLcom Capital, one of Africa’s largest venture capital firms, has officially announced its 6th edition of the Africa Tech Female Founder Summit, which will be held on October 15 2024 in…