A venture capital firm that reports on tech funding trends in Africa, particularly in fintech.
Why AI adoption in Nigeria isn’t just a tech problem
Mayowa Olutuyo emphasizes that cultural resistance is the main barrier to AI adoption in Nigeria. The fear of job loss due to AI affects both employees and managers, leading to quiet resistance against new technologies.
South Africa’s AURA raises $14.6 million to drive U.S. expansion and global ambitions
AURA raised €13.5 million in Series B funding to expand into the U.S. and nearly 50 countries. The funding round was co-led by Cathay AfricInvest Innovation Fund and Partech.
Egyptian fintech, Money Fellows eyes North Africa with $13M funding boost
Money Fellows raised $13 million in a new funding round. The funding will support expansion into North African markets, focusing on Morocco.
Cairo Based Money Fellows Raises $13M to Expand Fintech Access Across Africa
Money Fellows raised $13 million in a strategic funding round. The total investment in Money Fellows has exceeded $60 million.
