Africa's Markets, Startups & Money Moves — Updated Daily

Morocco’s Fintechs Gain Access to a Card Payments Market

Because fintechs typically operate with lighter cost bases and digital-first merchant onboarding, they are better placed than traditional banks to target the long tail of micro-merchants

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The Nigeria E-Commerce Conference & Expo

Nigeria’s leading stakeholders in e-commerce, fintech, logistics, retail, technology, digital marketing, and entrepreneurship will gather at the Nigeria E-Commerce Conference & Expo in Lagos

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Open Startup Calling Startups Building High-Impact Solutions for Africa

This call is open to founders working on critical challenges across Climate, Health, AI, Emerging Technologies, FinTech, EdTech, Logistics, Supply Chain, and other impact-driven sectors

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Egyptian Fintech Startup MNT-Halan Valuation Hits $1.4 Billion

Egyptian fintech unicorn MNT-Halan, has secured undisclosed equity funding in a deal that values the company at US$1.4 billion.

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African Payments Company NALA Closes $50 Million in Credit Financing

African payments company NALA has secured up to US$50 million in credit financing to fuel its global expansion, product development and the build-out of its next-generation neobank.

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Tony Elumelu's Redtech Eyes $100 Million Capital Raise

Redtech, a Nigerian fintech startup backed by business mogul Tony Elumelu, is considering plans to raise about $100 million over the next two years as it steps up its expansion across Africa.

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Rwandan Fintech Kayko Banks $1.2 Million Seed Round

Kigali fintech Kayko has closed a $1.2 million seed round to scale a micro-ERP product that turns informal merchants’ daily activity into the kind of digital evidence banks need to lend.

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