CCBA partners with Flintfox & Microsoft to boost digital transformation

Coca-Cola Beverages Africa (CCBA) has reportedly announced a partnership with Flintfox- the pricing and rebate management specialists and Microsoft to advance its technology. The initiative falls under the ongoing project to support digital transformation across its b

Gokada to launch ride-hailing service in Nigeria as part of super app

Ride-hailing company Gokada has announced its plans to launch ride-hailing services in Nigeria as part of its ‘super app’.

According to reports, the Gokada super app would enable customers across these cities to use foo

African fintech startup OPay to raise $400 million to fuel expansion

OPay, a leading Africa-focused fintech firm with Chinese backers is reportedly in talks to raise as much as $400 million in funding. The planned fundraising round comes two years after the fintech firm announced two funding rounds in 2019, a $120 million Series B in N

NBA establishes Africa business unit with nearly $1 billion valuation

The National Basketball Association (NBA) has reportedly established its Africa business entity. The latest incorporation has seemingly been backed by former players, including Grant Hill, Dikembe Mutombo, and Junior Bridgeman.

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Team Europe presents Africa with new healthcare financing platform, SHIRA

In a bid to accentuate the conditions of healthcare funding and technical support in the African economies, a European team has stepped up to introduce a new healthcare financing platform to help political as well as development finance partners to strengthen and coor

Saudi pledges $1 billion support for Africa’s post-pandemic recovery

Saudi Arabia has reportedly pledged support to African countries with $1 billion worth of loans and investments this year. Saudi Crown Prince Mohammed bin Salman stated that the investment would be directed to help the African economic recovery following the COVID-19

USTDA grants $1 Million to support battery storage project in Africa

The United States Trade and Development Agency (USTDA), an independent body of the US government, has reportedly issued a grant of just under USD 1 million to support feasibility studies for large-scale battery storage schemes in Senegal and Mozambique.

Paystack officially launches in South Africa post Stripe acquisition

Paystack, a Nigerian fintech startup that powers businesses with payment API, has announced its official launch in South Africa following its acquisition by fintech giant Stripe in 2020. The launch was preceded by a six-month pilot, indicating that the project was commenc

Lami raises $1.8 million to promote digital insurance across Africa

Kenya-based startup, Lami Technologies has reportedly raised $1.8 million in seed funding. The insurance company is planning to direct these funds towards promoting their digital insurance platform and accelerating insurance uptake in Africa.

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