A region in Africa with a young population that is rapidly adopting digital solutions.
Visa’s billion-dollar bet positions Francophone Africa as Africa’s next fintech frontier
Visa is deploying $1 billion across Africa to enhance digital transformation. Francophone Africa is experiencing a surge in mobile wallet adoption and startup formation.
Moroccan Logistics Startup Colis.ma Secures USD 300 K in Pre-Seed Funding
Colis.ma raises USD 300 K in pre-seed funding. Funding provided by venture capital firm Witamax.
Revolutionizing Travel Payments in West Africa: Kalabash54 and Mastercard’s Innovative Partnership
Mastercard has joined forces with Kalabash54 to introduce a game-changing travel card for customers in Nigeria and Ghana. The Kalabash54 travel card is designed to be an all-in-one payment solution for travelers, offering worldwide acceptance and additional perks.
Senegal’s Maad Secures $3.2 Million in Seed Funding Despite Africa’s Volatile B2B E-commerce Landscape
Maad, a B2B e-commerce startup from Senegal, has secured $3.2 million in seed funding. The funding will drive Maad's growth efforts in Senegal and facilitate exploration in West Africa.
This fintech is persuading wealthy Africans to turn idle cash into loans for startups
B54, a Lagos-based business-lending fintech, is giving startups struggling to raise growth-stage venture capital an alternative. The B2B fintech aggregates idle cash from financial institutions and wealthy Africans and lends it to fast-growing businesses in West Africa that need working capital.
