cameroon
Cameroonian healthtech Waspito gets $2.5M seed extension to scale, tap offline patients
Cameroonian health startup Waspito has secured a $2.5 million seed extension from DP World through Newtown Partners, Saviu Ventures, AAIC Investment, Axian Ventures and CFAO’s Health54 to spur its growth…
Cameroonian crypto and savings platform Ejara raises $8M, led by Anthemis and Dragonfly
Ejara, a Cameroonian fintech offering an investment app that allows users to buy crypto and save through decentralized wallets, has raised $8 million in Series A investment. London-based venture capital…
Autochek acquires CoinAfrique to grow its footprint in Francophone Africa
Automotive e-commerce company Autochek has expanded to new markets in Africa after acquiring CoinAfrique, a classified ad marketplace, nearly two months after the Nigerian startup acquired Moroccan auto marketplace KIFAL…
Ten game development studios in Africa have come together under one umbrella, the Pan Africa Gaming Group (PAGG), in an effort to unify the continent’s gaming sector, which is currently…
MTN Uganda introduces overdraft facility as it steps up competition in digital lending space
Africa’s mobile-money sector remains the most active of any region in the world, according to GSM Association (GSMA), an umbrella body representing the interests of players in the telecommunications industry.…
YC-backed Namibian startup JABU gets $3.2M for its B2B e-commerce and retail play
Namibian business-to-business e-commerce startup JABU confirmed to TechCrunch that it has raised a $3.2 million financing round. The seed round, which was closed last year, welcomed investors such as Afore…
Taptap Send raises $65M to build cross-border remittances focused on the most underserved markets
Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing…
Francophone African super app Gozem grabs $5M to expand and offer more services
Gozem, a super app that provides a host of services — including transport, e-commerce and financial services in Francophone Africa — has raised $5 million in Series A financing, the…
MFS Africa collects $100M to expand its digital payments gateway across the region
Investor interest in African fintech continues to grab headlines with large fundraises. Today, Africa’s largest digital payments network MFS Africa joins the fray. The company confirmed to TechCrunch that it…
Cameroon’s Ejara raises $2M to offer crypto and investment services in Francophone Africa
The adoption of cryptocurrency in Africa varies regionally. While countries with currently unstable currencies like the naira are seeing immense usage, other regions using the CFA franc have sparse adoption.…
WhatsApp and other social media platforms restricted in Zambia amidst ongoing elections
Several users from Zambia have taken to Twitter informing the general public that WhatsApp has been restricted in the country amidst ongoing general elections today. The president and parliamentary elections…
Visa has prioritized growth in Africa, and partnering with startups is central to its strategy. This became obvious in 2019 after the global financial services giant entered a series of…
Africa e-tailer Jumia reports first full-year results post NYSE IPO
Pan-African e-commerce company Jumia got into the black (by a small amount) on its gross profit vs. fulfillment expenses, expanded financial services and still posted losses. The online sales company,…
Africa Roundup: Jumia’s post-IPO earnings, Gokada’s $5.3M raise, Facebook’s fake-news purge, Joe Montana’s fintech investment
Jumia held its first post-IPO earnings call and weathered a short-sell assault in May, with Wall Street showing confidence in the Pan-African e-commerce company. On the numbers, key takeaways were…
These startups are locating in SF and Africa to win in global fintech
To become a global fintech player, locate your company in San Francisco and Africa. That’s the approach of payments company Flutterwave, digital lending startup Mines, and mobile-money venture Chipper Cash—Africa-founded…
Africa Roundup: Zimbabwe’s net blackout, Partech’s $143M fund, Andela’s $100M raise, Flutterwave’s pivot
A high court in Zimbabwe ended the government’s restrictions on internet and social media last month.
Flutterwave and Visa launch African consumer payment service GetBarter
Fintech startup Flutterwave has partnered with Visa to launch a consumer payment product for Africa called GetBarter.
Africa Roundup: Cameroon’s #BringBackOurInternet succeeds, Nigeria’s Cars45.com raises $5M
Cameroon’s #BringBackOurInternet movement achieved its demand. After 94 days of a state imposed web blackout, on April 20 the country’s government turned the net back on. The three month outage…
Tech and politics clash in Cameroon as government restores internet
The government of Cameroon ended its internet blackout of parts of the country last week, according to news reports and confirmation from the country’s Ambassador to the U.S. The three…
Africa Roundup: Kenya’s Safaricom takes on Uber, Orange expands Pan-African profile
Uber drivers in Nairobi went on strike to protest the company’s July fare cuts. The move comes amidst greater competition in Kenya’s ride-hail market since local telecoms company Safaricom entered…
Raspberry Pi Microcomputers Are Powering A School Computing Lab In Rural Cameroon
The Raspberry Pi microcomputer has already put more than a million Pis in the hands of makers, tinkerers, parents and kids in its first year on sale — its original…
