New Loyalty Programme for Kenya’s Retail
Kenyan fintech startup CashBackApp is helping fast-moving consumer goods (FMCG) companies to build loyalty amongst customers by allowing them to earn cashback via M-Pesa on their everyday shopping. Formed in…
Read MoreAfrican Jewelry House
Rosenkrantz Africa was behind the world’s largest tanzanite and diamond necklace, containing a total of 600 carats of tanzanite and 100 carats of diamonds — a feat that brought with…
Read MoreAfrica’s First 5G Mobile Network
SA’s Vodacom Group has switched on its 5G mobile network in 3 cities, with further rollouts planned in other parts of the country. Vodacom was recently assigned temporary additional spectrum by ICASA for the duration…
Read MorePerson to Person (P2P) Borderless Remittances Network
BitLipa (a startup launched early last year in Kenya) has just released its beta version on Android last month. This uses Bitcoin and Ether as international conduits for value transfer, and will soon…
Read MoreFlutterwave helps SMEs
The Lagos and San Francisco-based tech company, Flutterwave, has built a digital store for business owners, allowing them to display and sell their products online. They can set prices and choose…
Read MoreThree Recent Successful Funding Examples
CompariSure, a Cape Town-based fintech company founded in November 2017 has raised a multimillion-rand funding deal for a minority stake from UW Ventures and Allan Gray. CompariSure is a financial services provider that distributes financial…
Read MoreFunding for startups in East and West Africa
Novastar Ventures Africa Fund II has held its final close at US$108 million, which will be used to back breakthrough businesses in both East and West Africa. With offices in…
Read MoreRwanda improves its ease of business
Rwanda has made a number of reforms that have improved the ease of doing business and is top of the 128 governments in the World Bank ranking. Rwanda introduced a record 314…
Read MoreNedbank Joins Others in Rush For Ecommerce Business
AVo, Nedbank’s new digital platform, has been launched. Avo is a “super app” (a multitude of apps aggregated into one), supported by artificial intelligence, safe and secure payments, and bank-grade…
Read MoreAfrica’s TopCompanies
This year’s Top 250 Companies survey highlights the overall carnage in African share valuations in the last few years and even more so since March 2020. The survey ranks African or Africa-focused…
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