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African cross-border payments platform Chipper Cash conducted a second round of layoffs last Friday just ten weeks after it cut approximately 12.5% of its workforce (affecting its engineering team the …
Chipper Cash executes second round of layoffs less than three months after axing 12.5% of staff Read More
In most African countries, access to credit remains limited for many small businesses, with the reasons ranging from the inability to pay collateral and lack of credit history to unfavorable …
South African digital lender Lulalend to launch banking product off the back of $35M Series B Read More
Egyptian fintech and e-commerce ecosystem MNT-Halan has raised up to $400 million in equity and debt financing from local and global investors as it continues to serve underbanked and unbanked …
Egyptian financial services provider MNT-Halan valued at $1B in $400M funding Read More
Barely a year after Tanzania capped the commissions that e-hailing firms like Uber and Bolt charge their partners at 15%, the authority in charge has backtracked on the order, taking …
Uber, Bolt drivers hope for increased earnings foiled as Tanzania reinstates 25% commission Read More
The process used by millions of agents and thousands of property portals globally to reach buyers and sellers on digital channels is highly fragmented. And it’s evident that proptech, unlike …
South Africa’s Flow gets funding to automate social media advertising for real estate agencies Read More
Kwara, a Kenyan fintech digitizing credit unions (saccos), more than doubled its client base last year, and its eyeing enormous growth in the coming years after raising a $3 million …
Kenyan fintech Kwara raises $3M seed extension, signs deal to reach over 4,000 credit unions Read More
Meta’s main subcontractor for content moderation in Africa, Sama, announced earlier Tuesday the closure of its content moderation arm at its hub in Kenya, citing the need to streamline operations. …
Meta’s main content moderation partner in Africa shuts down operations Read More