M-KOPA, the asset financing platform that offers underbanked African customers access to “productive assets” and the ability to pay for them via digital micropayments, has secured more than $250 m
A 2019 World Bank report says 85% of Africans live on less than $5.50 per day. A large percentage of these adults are unbanked and underbanked; thus, they don’t have access to credit and can’t aff
On June 18, Babajide Duroshola, ex-country head, SafeBoda Nigeria, stepped down from his role two years after taking the job post-Andela. Less than a month later, the executive has found a new role as
South Africa-based renewable energy startup Sun Exchange has raised $3 million to close its Series A funding round totaling $4 million. The company operates a peer-to-peer, crypto-enabled business tha
Nigerian startup Rensource Energy has raised a $20 million Series A round co-led by CRE Venture Capital and the Omidyar network. The renewable energy company builds and operates solar-powered micro-ut
The development of mobile payment platforms, increasing options for providing debt, and cheaper and better off-grid solar power systems are presenting countries around the world with a chance to leapf
Silicon Valley is justifiably seen as the geographical center of digital innovation. From Google and Facebook to Uber and Netflix, the Valley is home to many global technology leaders. However, when s
A monthly roundup of stories on African tech companies.
Across East Africa more than 300,000 households previously without electricity are powering homes and devices with solar panels and using mobile money to pay for it.