safaricom News of 10/21/19
Kenyan Telco Safaricom’S Alpha Incubator Faces Uncertain Future
Safaricom’s Nairobi based Alpha innovation incubator may have an uncertain future, according to sources. With two high-level departures, and the passing of Safaricom’s CEO Bob Collymore, there are questions on how or if Alpha ...
SF Based African Fintech Startup Chipper Cash Expands To Nigeria
The African no-fee, cross-border payment startup Chipper Cash has expanded to Nigeria. The San Francisco based startup, with offices in Ghana and Kenya, will offer its P2P payment service and app in Africa’s most populous nation in ...
Update On Nigerian Fintech Firm Interswitch And Its Speculative IPO
Nigerian fintech firm Interswitch has been circulating in business news around a possible IPO on the London Stock Exchange. Last month Bloomberg News ran a story —based on unnamed sources—reporting the financial services firm had hired ...
Africa’S Ride-Hail Markets Are Hot Spots For Startups And VC
When it comes to VC, vehicles, and startups, Africa’s ride-hail markets are becoming a multi-wheeled and global affair. The big players such as Uber and Bolt are competing in Kampala and Nairobi—where in addition to car-service—they offer ...
These Startups Are Locating In SF And Africa To Win In Global Fintech
To become a global fintech player, locate your company in San Francisco and Africa. That’s the approach of payments company Flutterwave, digital lending startup Mines , and mobile-money venture Chipper Cash —Africa-founded ventures that ...
Partnering With Visa, Emerging Market Lender Branch International Raises $170 Million
The San Francisco-based startup Branch International, which makes small personal loans in emerging markets, has raised $170 million and announced a partnership with Visa to offer virtual, pre-paid debit cards to Branch client networks in Africa, ...
SimbaPay Launches Kenya To China Payment Service Via WeChat
Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa . More posts by this contributor Africa’s agtech wave gets $10 million richer as Twiga Foods ...
Naspers Announces $300 Million Initiative To Support Startups And Tech In South Africa
Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa . More posts by this contributor Marieme Diop and Shikoh Gitau to speak at Startup Battlefield ...