After expensive lessons in Ethiopia, Renew Capital wants to back West African startups
Renew Capital is expanding its investments in Africa, focusing on asset-light and tech-enabled businesses. The firm has opened its West African portfolio by investing in Affinity, a Ghanaian digital bank.
Podcast: Discussing Intra-Africa Remittance with Ifelade Ayodele, CEO and Founder of Blaaiz
Blaaiz, an early-stage cross-border payments company based in Canada, has secured a $1.5M pre-seed investment round. Ifelade Ayodele, the CEO and Founder of Blaaiz, discussed regulation, challenges, technology, and competition in remittance payments in Africa.
Nigerian neobank Kuda eyes global reach with new licenses
Kuda Technologies secures payment licenses in Tanzania and Canada for expansion. Licenses enable Kuda to offer remittance and multi-currency wallet services.
In Algeria, African leaders mull startup visas to boost innovation
Technology ministers across Africa are looking to introduce startup visas to support innovation and startup growth while simultaneously addressing the brain drain wave on the continent. The startup visa will “facilitate the free movement of startups on the continent” and “help to boost the mobility
