Jumia, Africa’s largest e-commerce company, made history on Friday as the first African tech startup to list on the New York Stock Exchange. The company kicking off its first full week of trading with ...

Visa has joined African fintech unicorn Moniepoint as a new investor to accelerate financial inclusion for African businesses. According to TechCrunch, sources close to the deal said the amount ...

“I think we’re still very, very early on in our journey,” Nakhla told The Africa Report in mid-February, a fortnight after the announcement of Chimera Abu Dhabi’s $200m acquisition of a 22% stake in ...

African unicorn startup Wave has raised a $137 million debt round to bolster its working capital and drive expansion across existing and new markets. Rand Merchant Bank (RMB) led the round alongside a ...

Chipper Cash, an African cross-border payments company valued at $2.2 billion last year, has laid off a portion of its workforce. Yesterday, a few affected and non-affected employees took to LinkedIn ...

At the recent TechCrunch Disrupt SF, Senegalese VC investor Marieme Diop suggested that Silicon Valley’s unicorn IPO model might not be right for African startups. This is largely because the ...

According to CB Insights, there are more than 900 unicorn companies worldwide, with seven in Africa, four of which appeared during January-September 2021. The funds collected by African startups ...

African payments startup Flutterwave will begin offering the transfers of stablecoins on its network, using blockchain technology provided by US company Polygon Labs. Flutterwave has focused on ...

Washington DC, USA - Media OutReach - 22 July 2022-Delphos acted as exclusive advisor to Wave Mobile Money Holdings Inc. (“Wave”) on its highly successful €90 million Syndicated Loan, which will ...