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Egypt’s MaxAB is set to expand its physical footprint across the MENA region as a result of securing $40 million in Series A VC funding. The company also plans on scaling recently launched business verticals including new supply chains and embedded finance solutions.
Many banks are partnering with fintech startups to help them digitalize, enabling them to expand their services and reach more customers at the same time.
Through programmes that support women with funding, we will generate prosperity in Africa. The idiom, "The hand that rocks the cradle, rules the world," can have real and unequivocal resonance.
Worth is Discovery Bank’s financial education partner after the bank partnered with South African startup, Cumulative, to offer online financial literacy courses. Discovery Bank clients with Vitality Money will be able to access Worth online courses at a discounted rate.
South Africa's WhereIsMyTransport secured a $14,5 million Series A funding round. The investment funding round was led by Naspers Foundry, Cathay AfricInvest Innovation Fund, and SBI Investment.
Nigeria’s Gokada has launched its new super app which now enables users to access its delivery services in one app. The bike-hailing and delivery company also announced that it had exceeded $100 million in annualized transaction value.