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 g

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 cap

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 au

Game studios come together to grow industry in Africa

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 fragmented.

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

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

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 countries, off t

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 compan

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 TechCrunc

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 ad

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 el

Visa’s Africa strategy banks on startup partnerships

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 collaborations

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 tha

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 Chipp

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

Jake Bright Contributor Share on X Jake Bright is a writer, author and advisor with a focus on global business, politics, and technology. From 2017 to 2020, he was a contributing writer and advisor at

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 month outa

Africa Roundup: Kenya’s Safaricom takes on Uber, Orange expands Pan-African profile

Jake Bright Contributor Share on X Jake Bright is a writer, author and advisor with a focus on global business, politics, and technology. From 2017 to 2020, he was a contributing writer and advisor at
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