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MTN Ghana is the leading provider of mobile telecommunications services in Ghana. The Company has over 17.83 million subscribers with a market share of approximately 55.09% as at December 2017. MTN Ghana, in line with its vision and mission, continues to lead the delivery of a bold new Digital World to customers and to make their lives a whole lot brighter.

“I’m excited for our next phase. This backing will help us build a better business and break new ground. The strong vote of confidence, along with the world-class tech talent we now have in the business, means we can achieve exceptional outcomes for our partners and customers.” Andrew Watkins-Ball, CEO, JUMO.

Hood is designed to rest assure your mind by collecting a big cloud of data that keeps track of your car’s mileage, gas usage, performance, and its engine health to save your money, time and energy . also, Hood informs you of every little detail about your cars; drivers’ driving habits The device also keeps track of each driver’s driving score to keep you aware of possible bad driving habits

Hood provides a device for users’ cars that is synced with Hood’s mobile application. The app informs the user when an error is detected and whether it is minor or requires immediate attention. Users can also check and clear the code of the engine light, track their trip history, locate the nearest car shop, keep their gas expenses in check, monetize the car’s movement and have a big cloud of data

As part of Lumkani’s mission to mitigate the loss of life and property caused by fires in South Africa and across the globe, we implement large scale roll-outs of our fire detection system into urban informal settlements and townships.

Before Lumkani introduced Fire Cover in 2016, there was little hope for households and businesses that had been excluded from insurance cover, to quickly rebuild, refurnish and return to a state of dignity.

Mukuru enables our customers to move money around the world. We use the latest mobile and web-based technologies to deliver the safest and most efficient experience possible. But that’s just half the story. To really understand us, you need to know the why behind all we do. We exist as a remittances business to empower migrants typically excluded from mainstream financial services, to move money in a convenient, safe and affordable way. We know that every customer has a story; just as we do. So whether sending money home for school fees, the purchasing of seeds and farming equipment, hospital bills, rent or groceries, we are passionate about making each story end well.

Mukuru enables our customers to move money around the world. We use the latest mobile and web-based technologies to deliver the safest and most efficient experience possible. But that’s just half the story. To really understand us, you need to know the why behind all we do. We exist as a remittances business to empower migrants typically excluded from mainstream financial services, to move money in a convenient, safe and affordable way. We know that every customer has a story; just as we do. So whether sending money home for school fees, the purchasing of seeds and farming equipment, hospital bills, rent or groceries, we are passionate about making each story end well.

Nigerian fintech startup Paga, poised for global expansion, has announced its acquisition of Apposit, a United States (US)-based technology company with operations in Ethiopia. Founded in 2009, Paga provides Nigerians with safe and convenient ways of making payments, allowing money to be sent to any phone number for the beneficiary to redeem at a Paga agent or at an ATM via a cardless withdrawal. Customers can also use Paga to deposit money to bank accounts in Nigeria, pay their bills, or top-up mobile phone airtime.

TPAY MOBILE makes it easy for digital service providers to access over 600 million customers and accept payments across MEA and Turkey. Through one simple API integration, TPAY MOBILE’s full service mobile payment platform enables rapid business growth and drives financial inclusion.

Currently 617 bank branches in Ethiopia are serving 85 million people.

FarmDrive is a Kenyan ¬based social enterprise that is unlocking access to financial services for over 50 million smallholder farmers in Africa. Using simple mobile phone technology, alternative data sets, and sophisticated data analytics, FarmDrive is closing the critical information gap that keeps smallholder farmers from getting loans that would allow them to grow and diversify their businesses. Potentially creditworthy smallholder farmers are often denied loans because they lack the traditional credit profiles that lenders rely on to evaluate borrowers.FarmDrive bridges the funding gap between smallholder farmers and financial institutions in two ways. The first step is to bring together multiple streams of data to create yield-predictive agronomic algorithms specific to each farming vertical and geographical region. T hese streams of data can be classified into three categories: 1. Agronomic Data: crop portfolio, soil health, drainage, weeds, pests, etc. 2. Remote Sensing Data: vegetation, weather conditions, climate trends, etc. 3. Market Data: offtake security, price trends, etc. FarmDrive then creates credit profiles for farmers by combining the agronomic algorithm with behavioral data. The behavioral data is obtained from farmers through a simple SMS/Android mobile phone application. With this application, Farmers can track their revenues and expenses, and also send demographic information to FarmDrive.

Mubawab, Morocco’s leading real estate portal acquired by EMPG in May 2018, has announced the acquisition of Jumia’s acclaimed property listings website Jumia House for the North African (specifically Morocco, Tunisia and Algeria) region. “The acquisition consolidates Mubawab’s position as the region’s leading real estate website, while providing access to the most promising real estate markets in the Maghreb, with more than 90 million people,” a company spokesperson said in a statement.

2) The rise of lending in different modes. We’re seeing consumer finance products like ValU and Qasatly, credit scoring tools like Raseedi, and credit solutions for businesses like Capiter. ROSCAs (Rotating Savings And Credit Association) based models like MoneyFellows and Elgam3eya are also becoming popular.

The fund is backed by some of the largest family offices and business leaders from Egypt and the MENA region​.​The strategy is the first of its kind in Egypt, utilizing local know-how and private capital to support & build solid foundations for its portfolio.FV has Lead and Co-Lead four highly sought after deals during its initial deployment, investing in two Fintech companies, Capiter & Nowpay, one in consumer internet/entertainment, Minly, and one in logistics (operating in stealth).

STARTUP WATCH- E-commerce company Capiter plans to invest EGP 500 mn next year to expand its geographical presence and the network of its SME clients, CEO and founding partner Mahmoud Nouh said, according to Al Mal. The Cairo-based company, which was founded in May 2019, operates an app that connects small and medium companies to suppliers.

We do this by crowdfunding loans and unlocking capital for the underserved, improving the quality and cost of financial services, and addressing the underlying barriers to financial access around the world. Through Kiva's work, students can pay for tuition, women can start businesses, farmers are able to invest in equipment and families can afford needed emergency care.

We do this by crowdfunding loans and unlocking capital for the underserved, improving the quality and cost of financial services, and addressing the underlying barriers to financial access around the world. Through Kiva's work, students can pay for tuition, women can start businesses, farmers are able to invest in equipment and families can afford needed emergency care.

We do this by crowdfunding loans and unlocking capital for the underserved, improving the quality and cost of financial services, and addressing the underlying barriers to financial access around the world. Through Kiva's work, students can pay for tuition, women can start businesses, farmers are able to invest in equipment and families can afford needed emergency care.

If you look at mobile payments specifically, Africa is actually one of the leaders in this space.Kobus Ehlers, SnapScan, co-founderMeanwhile, Africa's smartphone market is expected to double over the following four years -- at the moment, South Africa is reportedly the biggest smartphone market in sub-Saharan Africa, with a 19% penetration.And as smartphones increase, the paying methods are also becoming smarter."If you look at mobile payments specifically, Africa is actually one of the leaders in this space," says Kobus Ehlers, co-founder of the SnapScan app. "SnapScan was developed in South Africa for the African market, so we try to find really local and relevant solutions and I think it's going to get a massive uptake," he adds.

Using your phone to pay for goods and services is nothing new in Africa, a continent where there are more than 720 million mobile phones. Services such as M-Pesa, the revolutionary Kenyan mobile payment system that allows people to bypass banks and pay bills, withdraw salaries and transfer cash electronically, have transformed the way people and business operate.

Aujourd’hui, près de 19 millions de Kényans font un usage régulier de M-Pesa soit près de 70 % de la population adulte. Chaque seconde, environ 900 transactions sont réalisées par ce biais. Au total, M-Pesa voit transiter 68 % des transactions monétaires du pays, représentant en valeur 7 % des montants passant par l’ensemble des moyens de paiement du système bancaire et financier kényan, soit 25 Mds USD par an ou un peu plus du tiers du PIB du pays.