Laboremus Uganda, the B2B fintech that enables onboarding at scale, has received a funding boost from DOB Equity and FCA Investments to grow the company’s fintech platform in Uganda and neighboring markets. Laboremus’ platform helps banks and fintechs verify their customers’ identities and onboard them as customers. This alleviates one of the key bottlenecks in […]
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On 17 March, ITWeb reported that credit bureau, TransUnion South Africa, is currently in an ongoing battle with a hacker group that is demanding a $15 million (R223 million) ransom over four terabytes of compromised data. The hacker group, going by the name N4aughtysecTU, which claims to hail from Brazil, is alleging it breached TransUnion […]
Africa’s first digital in-store lay-by app is aiming to create financial inclusion throughout the continent – starting in South Africa. Local fintech startup LayUp is taking the lay-by process into the 21st century – for merchants and consumers – with a mobile app and rollout of a terminal app via payment & merchant solutions provider […]
Applications Now Open for the Telecel ASIP Accelerator, powered by Startupbootcamp AfriTech Over the course of 2021, African tech startups raised $4.42 billion in funding[1] – almost double the record-breaking $2.4 billion raised in the previous year[2]. “With investment in African innovation increasing, so too has the demand for hands-on support and access to markets from […]
Adanian Labs has launched the Adanian Labs Venture Building Program call for startups for 2022. The program invites applications from tech entrepreneurs for the 2022 cohort of exceptional startups to join Adanian Labs in Kenya, Tanzania, Zambia, Nigeria and South Africa. Since its establishment in 2020, Adanian Labs has incubated fourteen (14) groundbreaking tech startups across […]
Heineken’s proposed R40.1 billion offer for Distell is the latest in a series of notable bids for large South African businesses. This follows DP World’s recent proposed R12.7 billion offer for Imperial Logistics and PepsiCo’s R26 billion acquisition of Pioneer Foods in 2020. A key driver for all three deals is using the local companies […]
A major annual event for Afro-European Tech players, the EMERGING Valley International Summit will be held phygitally on December 14, at the Palais du Pharo in Marseille, with over 200 speakers and 2,500 digital and face-to-face participants expected. The event is open and free of charge to everyone, just sign up on the official website. EMERGING Valley is delighted to […]
Airtel Money, the dedicated mobile money platform, is driving better efficiency for businesses to engage in seamless mobile money activity with its upgraded Airtel Africa Developer Portal. The portal, using several Open APIs and solutions, integrates remote payments with Airtel Money wallets, to provide greater ease of access for Airtel Money services across multiple business […]
The Invest in the Democratic Republic of Congo Forum addressed major investment opportunities within the country, and brought together stakeholders to discuss policies and ideas, in order to bring in FDI towards DR Congo, at the Expo 2020, Dubai, UAE. The Invest in the Democratic Republic of Congo Forum was held on the 17th of […]
This week, the Presidential Office held a special meeting with individuals from various organisations that are invested in the growth and support of local entrepreneurs and businesses to discuss what is needed to eliminate the red tape obstructing the growth of small and medium enterprises. Among them were representatives from the South African Startup Act […]