Tag: startups
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Nigeria’s OneFi secures $5mn debt facility from Nairobi-based Lendable

One Finance Limited [OneFi] today announces that it has secured a $5M debt facility for its consumer facing platform, Paylater. The facility comes from New York and Nairobi-based Lendable, a technology-enabled funding provider to African consumer and SME lenders. The debt facility will be used to deploy more loans to Paylater customers, specifically through a…
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One Giant Leap for FinTech in Nigeria by Dewale Otolorin

Almost two years ago, I got the opportunity to contribute my quota to the adoption of Open Banking in the Nigerian financial industry; I did this from my corner at GTBank by helping to re-position the Bank’s corporate payment solutions as democratized APIs for consumption by FinTechs and MSMEs. It was a challenging experience — from convincing…
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L’Afrique Excelle to Support Francophone Africa’s Top Tech Entrepreneurs

L’Afrique Excelle is a six-month business acceleration program designed to support 20 most promising growth stage technology start-ups operating in Francophone Africa. Entrepreneurs will receive mentoring from global and local experts, learn through a tailor-made curriculum, increase their brand visibility, and get access to potential corporate partners and investors. Through collaboration with prominent Francophone Africa-focused investment…
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Meet the portfolio for 2018 VC4A Venture Showcase – Series A

VC4A is proud to announce the 8 ventures selected for the 2018 VC4A Venture Showcase – Series A. These companies represent a new class of investment opportunity coming up across the African continent. The selected ventures have strong revenues, are well positioned for regional and international expansion, and demonstrate important innovations that are disrupting industries like…
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Attend: Africa Fintech Summit

The Africa Fintech Summit gathers innovators, investors, policy makers and other key stakeholders in the Fintech sector to discuss technologies transforming finance on the continent, debate regulatory policies, compare best practices, and forge new ventures. The two-day event will feature investor missions from the US, UK, and UAE, an Alpha Expo featuring the most exciting startups…
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Finalists Announced for the 2018 Ecobank Fintech Challenge

Ecobank has announced the finalists for the 2nd edition of the annual Ecobank Fintech Challenge, a competition for Africa-focused technology startups. The list includes eleven (11) fintech startups from across the continent and beyond. The startups are: Wallet.ng (Nigeria), Nala (Tanzania), Litee (Benin), SESO Global (South Africa), InvestED (Sierra Leone), Eversend (France), Secapay (Nigeria), Virtual Identity…
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Attend: 2018 Africa Early Stage Investor Summit

This year, the Africa Early Stage Investor Summit is set to kick off Cape Town’s Global Entrepreneurship Week, encompassing a number of leading industry events and numerous networking opportunities. The Summit organizers Venture Capital for Africa (VC4A) and the African Business Angels Network (ABAN) have partnered with AfricaCom and AfricArena to offer a full-week VIP Investor Pass giving access…
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Apply: EcoBank Fintech Challenge for African Startups
Ecobank the leading pan-African banking group, is inviting African fintech entrepreneurs to enter its Ecobank Fintech Challenge. Now in its second year, the initiative gives African startups the chance to promote their fintech solutions, and potentially to partner Ecobank in rolling-out their solutions across Ecobank’s 33 markets. Ecobank is currently welcoming submissions from all start-ups and…
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$150k Available for Startups – Apply to the Katapult Accelerator

Katapult Accelerator is a hands-on program to help you scale your business. During this program, you will receive daily hands-on mentorship and gain access to a global network of leading mentors. You will also receive free services from corporate partners and access to potential customers. Finally, you will receive investment into your startup as part…
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Meet the 20 Startups Accepted into the World Bank Group Digital Acceleration Program
Twenty (20) of the most promising African digital startups will take part in the XL Africa residency, the flagship initiative of the business accelerator launched last April by the World Bank Group’s infoDev program. From Nov. 6-17 in Cape Town, the entrepreneurs will have the opportunity to learn from their mentors and peers, increase their regional visibility,…