Lesaka Technologies, a listed fintech company, has officially completed its acquisition of Adumo for a total consideration of R1.67 billion ($96 million). This deal significantly strengthens Lesaka’s payment processing capabilities, adding to its growing portfolio of fintech solutions across Africa. The acquisition was finalized with a combination of approximately 17 million Lesaka shares and a […]
It’s one thing to have a business idea. It’s another thing to have a business idea that actually works. So many African startups fail in their formative years because they did not do this one thing – they did not validate their startup ideas.
If you’re running a WordPress site in Nigeria, pay attention! The National Information Technology Development Agency (NITDA) has issued a crucial security warning about a dangerous vulnerability, CVE-2024-28000, that could affect over 5 million websites worldwide — and yours could be one of them.
LittleFish, a South African fintech startup focused on reconnecting banks with SMEs, has successfully closed its seed investment round. The funding round was led by TLcom Capital, with Flourish Ventures joining as a co-investor. This marks TLcom’s first investment in South Africa, having previously concentrated on East and West African markets. Expanding Fintech Services for […]
How much do you know about the green economy? What are African startups doing to make ourenvironment safer?The green economy focuses on creating sustainable development while also reducingenvironmental risks and ecological disparities. It’s sad to see that Africa still suffers fromchallenges like climate change and food scarcity, even despite the abundance of naturalresources. What we […]
Audiomack users can now access seamless payment options when purchasing subscriptions, unlocking premium features, and enjoying high-quality streaming and downloadable content from their favorite artists. By combining Carry1st’s fintech network with Audiomack’s streaming capabilities, this partnership promises to deliver dependable and rewarding payment solutions.
Nairobi is set to host two important events this November, focusing on enhancing the startup investment ecosystem in Africa.
Currently, in its pre-launch phase, the startup has processed over EGP 50 million in transactions during testing. This success has fueled investor confidence, leading to a $2 million pre-seed funding round.
Itana is working to give the world a million reasons to believe in Africa. Itana, a trendsetting Nigerian startup, is set to revolutionize Africa’s tech landscape by creating the continent’s first digital economic zone. This bold initiative aims to foster a dynamic environment where tech talent and service-driven businesses can thrive. Itana draws inspiration from […]
In today’s dynamic and ever-evolving world, African startups are emerging as the driving force behind a wave of innovation like never before. From fintech to healthcare, agriculture to education, entrepreneurs across the continent are unleashing their creativity and intellect to solve pressing challenges and create new opportunities. This article delves into the untapped potential of […]
