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Carry1st has announced its partnership with Audiomack to simplify music subscription payments for its vast user base. With over 30 million monthly users, this collaboration aims to provide Audiomack’s customers across the continent with easier access to premium services through…
Wallet Africa, a revolutionary fintech company, is reshaping the way we think about financial services. Imagine having a single platform that streamlines all your financial activities, from sending money across borders to paying bills and even managing company expenses —…
In a move highlighting the growing vibrancy of Africa’s innovation scene, Madica, a pan-African venture capital firm, has announced a significant investment of $200,000 each into three promising startups: GoBeba (Kenya), Kola Market (Ghana), and NewForm Foods (South Africa). This…
Safaricom Secures Insurance Licence: Safaricom, Kenya’s biggest telco, has secured an insurance licence from the Insurance Regulatory Authority (IRA), ending a four-year wait. The company will now offer insurance services to its M-Pesa users with a new product, Bima, its…
Glo New CEO: Globacom, one of Nigeria’s popular telecommunications providers, has appointed telecom veteran Ahmad Farroukh as its new chief executive officer. According to the telecom provider, the leadership change aims to strengthen the company’s corporate governance and operational performance,…
Moniepoint Funding in African Startups: African startups raised $250 million in funding in October. This development was possible by a significant $110 million Series C round from Nigerian fintech company Moniepoint. This funding achievement represents a strong performance for the…
Visa Investment In Four African FinTech: Visa is pushing in fresh funding into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator program. The company did not disclose the size of each investment but said…
eMedia Plans for eVOD Streaming Service: eMedia Holdings, the parent of e.tv and Openview, describes eVOD as the “Netflix of South Africa”. The company has disclosed its annual results report. The report reveals that eVOD has accumulated nearly 300,000 new registrations…
MTN’s Cameroon unit has refused to exit the market despite a messy legal battle of over $23.72 million in frozen funds and delayed investments. The company insists on staying despite the seizure of its bank accounts in 2022 under a…
Paystack, a successful African payment platform, has lost four of its senior managers to a new startup named GoLemon. The notable move was to launch GoLemon into the African delivery market. The startup is focused on groceries and household item…
