Early-stage venture capital firm Rally Cap has partially exited South African fintech Stitch following the company’s recent $55 million Series B funding round. While Rally Cap has not disclosed the exact size of its original investment or details about the…
Egypt-based fintech PALM has raised a 7-figure pre-seed round to champion smarter savings, marking a significant milestone in the region’s financial technology landscape. This funding round was led by 4DX Ventures, with participation from Plus VC and several international angel…
Pembani Remgro Infrastructure Fund II (PRIF II), a South African private equity fund, plans to acquire a 35% stake in Kenya’s Mawingu Networks. This deal, if approved, will give the PE fund a controlling interest in the fast-growing Kenyan internet…
South African bitcoin and crypto payments solution provider MoneyBadger has raised $400k in pre-seed round of funding to help it expand its network of partners and establish more use cases for bitcoin in more countries. The funding round, led by…
Bolt launches Family account for users, making it easier for people to book and pay for rides for their loved ones. The new feature, called the Family Profile, lets users add up to nine family members, friends, or close relatives…
Mediamax Network Limited, the media company that owns popular outlets like K24 TV and People Daily, has announced plans to lay off an undisclosed number of staff. This is the sixth time in four years that Mediamax has cut jobs…
Moldova unveils a new incubator for digital agriculture, robotics, and foodtech, marking an important step in modernizing the country’s farming and food sectors. On July 9, 2025, the government of Moldova revealed this innovative incubator at the Agrotek Arena Incubator,…
Cloud communications platform Infobip officially launches WhatsApp voice calling for businesses, introducing a powerful new way for companies to connect with their customers. This new feature, part of Infobip’s WhatsApp voice calling for businesses service, allows businesses to both make…
Kenyan startups Roam and Keep It Cool teams up to launch Africa’s first fully electric cold-chain delivery network, a game-changer for food distribution and climate action on the continent. This pioneering collaboration combines Roam’s electric motorcycles with Keep It Cool’s…
Guaranty Trust Holding Company (GTCO), the parent company of GTBank, has made history by becoming the first bank to cross the N100/share mark on the Nigerian Exchange (NGX). This milestone was achieved during the trading session on July 16, 2025,…
