A new Kenyan startup called Abacus (www.abacus.co.ke) is a licensed data vendor with the Nairobi Securities Exchange(NSE).Its been in existence since 2015 and just early this year,in partnership with Genghis Capital and Chase bank,they began offering subscribers the ability to deposit,buy,sell and trade unit trusts,bonds and equities on their platform.

Pula, a Kenyan insurtech startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a Series A investment of $6 million.The round was led by Pan-African early-stage venture capital firm, TLcom Capital, with participation from nonprofit Women’s World Banking. The raise comes after Pula closed $1 million in seed investment from Rocher Participations with support from Accion Venture Lab, Omidyar Network and several angel investors in 2018.

Farmers in emerging markets face challenges with low productivity. Due to the risks they face from ongoing climate change, pests and diseases, farmers struggle to find financial stability. Pula is at the center of an ecosystem that helps them manage their risks with insurance and digital solutions.

MTN is a leading organization in the mobile telecommunications industry in Ghana. It offers subscribers a wide range of exciting options under Pay Monthly and Pay As You Go Services. After one year of rebranding Mobile Telecommunications Network (MTN) in country, the organization is focused on consolidating its position as the leader in the market and to fulfill its commitment of bringing world class telecommunication services to the country. In this regard, MTN has invested substantially in a Network Expansion Initiatives meant to enhance speech quality, improve coverage intensity and to extend coverage to new areas.

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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.

Mama Money is a company that operates as an international money transfer operator. It offers a mobile app that allows users to send money to their families.

Forging another link between Africa and China’s digital economies, the African-focused money transfer startup SimbaPay and Kenya’s Family Bank have launched an instant payment service from East Africa to China.

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.

DabaDoc met à disposition des patients la possibilité de prendre rendez-vous en ligne depuis la plateforme DabaDoc.com et d’échanger avec un médecin à distance sans se déplacer. Le service de consultation vidéo a été activé par DabaDoc pour tous les médecins adhérents, sans engagement.  Un lien unique et sécurisé est généré à chaque rendez-vous et transmis aux patients et aux médecins par SMS pour démarrer leur vidéo.  Le service ne nécessite pas le téléchargement d’une application mobile et fonctionne directement sur Chrome (Android) et Safari (iOS).

“The demand for agricultural raw materials from offtakers in the brewery, manufacturing and consumer sector is increasing exponentially because of the easing of the COVID-19 restrictions that were put in place by the government of Ghana, hence this capital injection will help to secure purchases at fair and transparent prices from smallholders — a much needed lifeline for many who are at the proverbial bottom of the pyramid.”

(Agence Ecofin) - Malgré la crise sanitaire, la demande en produits agricoles reste importante au Ghana. Dans ce contexte, la start-up Agrocenta a fait le pari de financer et trouver des débouchés à ces agriculteurs qui n’aspirent qu’à produire davantage pour satisfaire la demande. Agrocenta, une start-up ghanéenne fondée en 2015 dans le but de faciliter l’accès aux marchés et aux financements a bénéficié d’un appui financier de 790 000 $ des fondations Shell et Rabobank, de la firme d’investissement AV Ventures dédiée aux entreprises agroalimentaires ouest-africaines et du Bureau des affaires étrangères du Commonwealth.

Winning the vote of the entire jury, AgroCenta from Ghana was crowned the Seedstars Global Winner of the 5th edition of Seedstars Summit. At Seedstars, we are convinced that AgroCenta will shape the future of AgriTech in Africa. Indeed, the start-up’s mission is to improve the financial livelihood of smallholder farmers through fair trade.

Thndr, a YCombinator backed investment platform, makes it easy to invest in stocks, bonds, and funds completely commission free. Thndr aims at solving Egypt and the region’s painful, outdated and time consuming process to open, fund and actively manage investment accounts. Thndr’s first product is a mobile first equities trading platform in Egypt. The startup just acquired the necessary licensing from the Financial Regulatory Authority (FRA) making the fast growing startup the first company to acquire a brokerage license in Egypt since 2008. Issuing a license to a tech company is a testament to the regulator’s strong commitment to seek modern methodologies to enhance the investment landscape in Egypt.

Ahmad Hammouda, the co-founder and CEO of Thndr, said, “Our vision is to put wealth in the hands of everyday individuals. With the rise of technology, and the foresight of a very supportive Financial Regulatory Authority, we can make this vision come to life — Egypt is expected to be the 7th largest economy by 2030 and has more than 100 mn people, most of which are young and are looking for a convenient and digital way to invest their money. That’s why we are excited to bring a new breed of young investors to the market.”

We are thrilled to be pioneering commission free trading in Egypt. We believe that saving through investing is the right and sensible thing to do. So, we built an app that is designed for everyone, green and expert investors alike. Our technology innovation allowed us to remove the barriers that anyone could face when opening or funding their brokerage accounts, helping us open up the market for a whole new wave of investors. And, we don't stop there. Through access to the right tools, our app is built to empower you to invest smartly.

EasyEquities is an innovative investment platform that allows you to own parts of a company (shares) from as little as R5. They make it easy and more affordable to buy shares in local and international stock markets. We've partnered with them to deliver on our purpose of helping you improve your financial life – by providing simple access to easy investing. And if you haven't invested before, don't worry about it! We'll help you learn the ropes with practise money in your demo account so you can get the hang of investing before using your own money.

Tax-free Investing South Africans automatically get a Tax Free Savings Account when you sign up for an EasyEquities account. Invest in a wide range of ETFs and Bundles & Baskets. Done and dusted!

EasyEquities (EE), a subsidiary of JSE listed Purple Group Limited (PPE), is an online platform which allows anyone to buy shares in the brands and companies they love. For as little as R5, $10 or whatever amount they have available to invest (and with no monthly brokerage fees) newbie and seasoned investors alike can grow their wealth. EE powered by First World Trader (Pty), as an authorized financial services provider, has a strong focus on customer satisfaction. Our mission is to be a respected and recognized financial services provider. Treating our customers fairly is a primary objective of the conceptualization, creation and launch of the platform.

Share246TweetShareWhatsAppEmail246 SharesCairo-based fintech Dayra has won $15,000 grant from Y Combinator’s Startup School, becoming the first startup from the Middle East & North Africa to win it. The winners, most of which were from the United States, were announced by Y Combinator on Friday. MENAbytes also understands that there are at least three startups from the region that have made it to Y Combinator’s current accelerator batch (Winter 2020) that YC will reveal at its demo day in March 2020 – good few months for MENA at YC.