FairMoney in talks to acquire Umba in $20M all-stock deal
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FairMoney, a Paris-based digital bank operating in Nigeria, is engaged in early discussions to fully acquire fintech startup, Umba, in an all-stock…
Disha, Flutterwave's no-code platform, to temporarily shut down operations
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Disha, the no-code platform for creatives acquired by fintech startup Flutterwave in 2021, has announced it will temporarily cease operations starting March…
Ilara Health secures $4.2m in funding to expand healthcare access in Kenya
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Ilara Health, a Kenyan healthtech startup, has raised $4.2 million in its pre-Series A funding round. The funding, according to the startup,…
Kenyan climate startup, KOKO, gets backing from Rand Merchant Bank
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KOKO, a startup focused on providing clean cooking energy, has received investment from Rand Merchant Bank (RMB) to grow its renewable bioethanol…
African eyewear startup, Lapaire, raises $3m to drive expansion across the continent
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Lapaire, an African eyecare startup, has secured $3 million in new funding round to facilitate the expansion of its affordable vision services…
Nigerian Fintech - Cleva - raises $1.5m to offer Dollar accounts across Africa
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Nigerian fintech startup, Cleva, has secured $1.5 million in pre-seed funding to expand its platform, enabling Africans to open U.S. dollar accounts….
Microsoft backs Tech4Dev to create 100,000 jobs for African youths
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Microsoft has partnered with Nigerian social enterprise, Tech4Dev, to help provide employment for 100,000 young Africans over the next seven years through…
African E-commerce rivals - Wasoko and MaxAB - announce merger
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Two leading African e-commerce companies, Wasoko and MaxAB, have agreed to a landmark merger deal aiming to form the largest digital retail…
Fintech Start-up ZestMoney Gets An Acquisition Offer Over LinkedIn
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LinkedIn, a widely-used social networking platform for professional connections and job opportunities, recently witnessed an unexpected proposal. Ashwin Bhambri, the founder of…