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Tanda, an agency banking startup in Kenya, will be expanding its operations across East Africa following it receiving VC funding. The startup also secured key partnerships with Mastercard and Interswitch.
Deya will use their pre-seed investment to improve its platform in the coming months, to be more robust and with a better experience for users, as well as to implement its business model, thus starting to generate revenue to boost its growth.
SAVCA is disappointed that the Section 12J VCC sunset clause is not being extended past 30 June 2021. South Africa's National Treasury is essentially withdrawing the incentive in its entirety rather than amending it.
A new investment scheme announced in South Africa for people interested in investing in the cannabis industry. Silverleaf Investments has announced an investment opportunity for investors to take part in this offer.
USA-based but Africa-focused fintech startup, Pngme, has announced that it has successfully concluded raising $3 million in VC funding which will help it further expand its offerings across Africa.
Avocados are said to be among the most sensitive fruits to grow around the world. As such, SupPlant, an IoT startup, is using Artificial Intelligence to help grow South African avocados.
Nigeria's Sparkle, a mobile-first digital ecosystem providing financial, lifestyle, and business support services to Nigerians across the globe, has partnered with Network International to power its recently launched payment card offering.