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Tag: Safaricom

Africa Roundup: TLcom closes $71M fund, Jumo raises $55M, AWS partners with Safaricom

VC firm TLcom Capital closed its Tide Africa Fund at $71 million in February, and announced plans to invest in 12 startup over...

AWS partners with Kenyas Safaricom on cloud and consulting services

Amazon Web Services has entered a partnership with Safaricom — Kenya’s largest telco, ISP and mobile payment provider — in a collaboration...

Kenyan logistics startup Sendy raises $20M round backed by Toyota

Africa’s logistics startup space has gained another multi-million-dollar round with global backing. Kenyan company Sendy — with an on-demand platform that connects...

Nigerias Paga acquires Apposit, confirms Mexico and Ethiopia expansion

Nigerian digital payments startup Paga has acquired Apposit, a software development company based in Ethiopia, for an undisclosed amount. That’s just part of Paga’s...

Lessons from M-Pesa for Africas new VC-rich fintech startups

In African fintech, the fourth quarter of 2019 brought big money to new entrants. Chinese investors put $220 million into OPay and PalmPay...

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