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ETAP launches Takaful – the first digital car insurance product in Africa that redistributes funds to users

category News

ETAP, an insurance technology company that creates solutions and incentives to improve the automotive experience across Africa, has launched ETAP Takaful, a new ethical car insurance product that is based on Islamic principles and designed to give back to policyholders and their communities. Unlike conventional insurance, ETAP Takaful is designed to redistribute funds to users and support social…

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Apis Partners leads €29M (US$31M) Series A funding for African fintech Peach Payments

category News

Apis Growth Fund II, a private equity fund managed by Apis Partners LLP (“Apis Partners”), a UK-based asset manager, today announces its proposed investment of €29M (US$31M) in Baobab Payments GmbH (trading as Peach Payments), a rapidly growing digital payment service provider that enables online payments in Africa. Completion of the investment is subject to…

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Curacel secures $3 million seed funding to power new insurance experiences and expand into North Africa

category News

Curacel, Africa’s leading insurance infrastructure provider, has raised $3 million in seed funding to roll out new technology solutions designed to power the next generation of insurance experiences in Africa. The new funding will also support the company’s expansion into North Africa. The seed funding round included Tencent, AAF Management (invested in Sure, Flutterwave), Elefund…

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Overcoming the treasury challenges of operating in Africa

category Op-ed, Partner News

Sike Bamisebi – Chief Business Officer, Cellulant shares her insights Africa offers huge opportunities for businesses, but many multinationals struggle to reach their full consumer base on the continent – and, even when they succeed, reconciling payments can be an inefficient drain on resources. A fragmented payments ecosystem is to blame. Sike Bamisebi, Chief Business…

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Visa Pledges to Invest $1 billion in Africa to Accelerate Digital Transformation

category Uncategorised

During the U.S-Africa Business Forum, Visa announced a pledge to invest $1 billion in Africa over the next five years to advance resilient, innovative, and inclusive economies across the continent. Visa’s expanded investments demonstrate the company’s long-term commitment to Africa’s growth potential and will help enable greater access to digital payments as an entry point…

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Africa Tech Summit Nairobi 2023- fifth edition to connect 1000+ delegates on February 15-16th

category News, Video

Following a sell out Summit in 2022, Africa Tech Summit Nairobi 2023 will again connect tech leaders from the African ecosystem and international players under one roof on Feb. 15-16 2023. The fifth edition will connect 1000+ delegates, 450+ companies and 150+ speakers across three Summits. Network with key stakeholders including tech corporates, mobile leaders,…

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OneOrder secures $3m seed round, led by Nclude with participation from Delivery Hero Ventures and A15

category News

Cairo, Egypt - 05 December 2022 - OneOrder, the MENA-based fintech-enabled restaurant management platform providing food supplies to hotels, restaurants and cafes, has today announced the close of a $3m Seed round. Led by Nclude, this round also sees follow-on investment from leading MENA early-stage VC, A15. New to the round is Delivery Hero Ventures,... Read Article →

Nigerian money app Kuda launches in the UK

category News

Nigerian money app Kuda, announced it is launching in the UK as part of a global expansion drive with a view to serving the cross-border transfer needs of UK-based Nigerians. The company will charge a flat fee of £3 per transfer to a limit of £10,000. Kuda compares this to the average fee of 8%... Read Article →

African tech leaders and investors connect at London Stock Exchange for the 6th Africa Tech Summit London

category News, Press Release

African tech leaders, corporates and investors will connect at the London Stock Exchange for the sixth edition of Africa Tech Summit London (ATS), taking place on November 24th. The annual Summit will share insights from leading industry players including; London Stock Exchange, DLA Piper, Alerzo, Deimos, Niji Oni & Co., Cellulant, Paystack, GIZ, Smile Identity, Verto, Flex…

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QoreID: Consumer Data, Bedrock of Africa’s Open Finance System

category News, Partner News

According to QoreID, access to credible consumer data has been identified as a critical layer that will enable a viable open finance system in Africa. Sarah Essien, Chief Operating Officer of VerifyMe Nigeria, a digital identity and Know-Your-Customer (KYC) technology company with a head office in Lagos, states that the quest for a sustainable open…

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