South African equity crowdfunding platform Uprise.Africa has raised an undisclosed investment from Silicon Valley-based VC firm Nexxus Ventures. Egypt's Accept is looking at further expansion. That and more in today's brief.
Money transfer firm Okapi Finance is rolling out in Nigeria, Botswana & DRC
Remittance firm, Okapi Finance is also rolling out in Botswana, Nigeria and Democratic Republic of Congo (DRC) by end of this year, with more countries being targeted in 2019. Full details on TechMoran.
Flutterwave joins the Ripple network to make payments for companies in P2P, B2B or B2C safe & cheap
Flutterwave has partnered with RippleNet, a global payments network which makes it easy to connect and transact across its robust network of 100+ banks and payment providers worldwide to provide the infrastructure for a unified payment solution that connects Africa to the world. Full details on TechMoran.
uMashesha, a woman-owned taxi hailing startup launches to take on Uber, Taxify in South Africa
uMashesha is South Africa’s first woman-owned taxi-hailing app targeting at taking on Uber and other such apps with better commissions and more business for its driver partners from its delivery services. Full details on TechMoran.
Egyptian Payment Startup, Accept Sets Its Sights On The GCC
Egyptian payment startup, Accept has announced that it has extended its services to the Jordanian market in partnership with MEPS, a leading local acquirer in Jordan. Full details on Forbes Middle East.
SA crowdfunding platform, Uprise.Africa secures funding
Launched in October last year, Uprise.Africa aims to help innovative local businesses raise capital while gaining market validation. Two campaigns have been hosted on the platform to date – one failing to gain any traction; the other exceeding its raising target. Full details on Disrupt Africa.
DEMO Africa announces the 5 startups to tour Silicon Valley next year
The selected startups, out of the 30 finalists, are; Chefaa (Egypt), Khourtim (Morocco), VertoFX (Nigeria), Hawkar (Tunisia) and Complete Farmer(Ghana). Full details on Digest Africa.
Singtel invests US$250 million in Airtel Africa for 39.5% stake
Singtel has entered into an agreement with its regional associate Bharti Airtel (Airtel) to invest US$250 million in Airtel Africa, the second largest telecom operator in Africa. Singtel said that it currently holds a 39.5 percent effective stake in Airtel. Full details on Digest Africa.
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