Mercuryo, a startup that has built a cross-border payments network, has raised $7.5 million in a Series A round of funding. The London-based company describes itself as “a crypto infrastructure […]
africa
Trending topics and news from the africa category
Back to news homeTrump congratulates Nigeria for Twitter ban, says more countries should do the same
Today, former President Donald Trump issued a statement supporting the Nigerian government’s decision to suspend Twitter activities in the West African country. “Congratulations to the country of Nigeria, who just […]
Bosta raises $6.7M to expand e-commerce delivery business across Africa and MENA
Per a recent report by Bain & Co., e-commerce is expected to grow to $28.5 billion in MENA by 2022 from a 2019 value of $8.3 billion. Egypt, one of […]
Google to offer 40,000 developer scholarships in Africa; continues accelerator program
Google today announced the launch of 40,000 new developer scholarships in Africa. Google will offer the scholarships — created in partnership with tech talent companies Pluralsight and Andela — to developers […]
YC-backed Kidato raises $1.4M seed to scale its online school for K-12 students in Africa
In public schools across Africa, classrooms are often overcrowded and this affects how teachers and students interact. The large classroom creates too much work for teachers leaving students’ individual problems […]
How Pariti is connecting founders with capital, resources and talent in emerging markets
According to Startup Genome, Beijing, London, Silicon Valley, Stockholm, Tel Aviv are some of the world’s best startup ecosystems. The data and research organisation uses factors like performance, capital, market […]
Fintech startup ClearGlass Analytics closes $3.6M for pension funds transparency platform
Fintech startup ClearGlass Analytics has closed a £2.6 million ($3.6M) funding round for its platform, which aims to create greater transparency on fees in the long-term savings market, such as […]
Jumia co-CEO Jeremy Hodara talks African e-commerce, and his company’s path to profitability
This month, African e-commerce giant Jumia released its second full-year financials for Q4 and its fiscal year 2020. The results were mixed — active customers and gross profit increased, while […]
Institutional trust is the real meme
Hello friends, this is Week in Review. Last week, I dove into the AR maneuverings of Apple and Facebook and what that means for the future of the web. This […]
Rising African venture investment powers fintech, clean tech bets in 2020
As a turbulent week in the capital world, we’re taking a look at something a bit slower moving: venture capital trends in Africa during 2020. The Exchange has long explored […]