Browsing: Business
Nomba secures funding through Base10 Partners and Shopify to expand its reach in the African payment industry.
An Nisa Taxi offers safe transportation options for women and children and has gained over 10,000 users in one year.
Convergence Partners has acquired a strategic stake in 42Markets Group, an incubator, investor and builder of high-growth specialist businesses in the financial and capital markets sector.
Drest.tn, a Tunisian e-commerce platform specializing in the sale of lifestyle products, is seeking to expand its reach into Africa.
AD Ports Group has acquired five bulk carriers and three crude oil tankers valued at Dhs955m (USD 260m) to expand its commercial shipping capabilities.
Capria Ventures aims to support 20-25 early-growth tech startups across Africa, India, Southeast Asia, Latin America, and the Middle East.
South African consumer rewards app, Maholla, has secured USD 1.5 million in seed funding to continue building the country’s largest retail-agnostic rewards and data platform.
Smile Identity has announced its acquisition of Appruve, the move is set to expand Smile Identity’s footprint across Africa and consolidate its position as a top provider of digital KYC and identity verification solutions.
Telkom FutureMakers has partnered with Aions Creative Technology to support South African startups.
A number of African startups secured funding at various stages last week across a wide range of sectors and countries.