Nigeria Fintech Moniepoint Reaches "Unicorn" Status
What’s happened this Week:
Google adds new African languages to its app
Starlink signs deal with Niger
and more!
In The News This Week:
Nigeria Fintech Moniepoint Raises $110 Million In Series C Round
Moniepoint, the Nigerian fintech, has closed its Series C round, raising $110 million in total. The round was led by Development Partners International’s African Development Partners (ADP) III fund.
Bank Of Ghana Announces Trial Of Mobile Money Interoperability Between Ghana and Nigeria
At an event at the IMF/World Bank Fall Meetings, Kwame Oppong, the Director of Fintech and Innovation at the Bank of Ghana, announced that Ghana would pioneer the testing of mobile money interoperability with U.S.-owned Brij Technologies Inc.
Oyster Agribusiness Raises $2 Million To Expand Its Operations
Oyster Agribusiness, a Ghanaian agri-tech company specialising in climate-smart agriculture, has raised $2 million in funding to expand its operations and deepen its impact on smallholder farmers across Ghana.
In the rest of the news:
Bamboo Launches “Coins by Bamboo” Remittance Product For Nigerians In the Diaspora
Google Expands Digital Reach in Africa with New Language and AI Training Initiatives
Jumia To Use Agility Logistics Park Ghana as Its National Hub
Niger Signs Agreement With Starlink To Expand Internet Coverage in the Country
MTN Nigeria Subsidiary MoMo PSB Launches Outbound and Inbound Remittance Services
Africa Ecosystem Activity
Moroccan prop-tech startup Agenz secures undisclosed investment
Egypt’s Rabbit Mobility raises $1.3m to fuel expansion plans
Moroccan logistics startup Colis secures $300k pre-seed funding
Africa Venture Firm Janngo Capital Raises $78 Million For Its Second Fund
Labari Insights Is Now Free For ALL Users
We want to announce a major update at Labari Insights, our data platform.
As of today, Labari Insights is now free for users. We decided to give users access to our tech and media data across Ghana and Africa without a paywall.
Podcast: Integrating Adaptive Hiring with Akua Sencherey, Senior Product Marketing Manager (Andela)
On the latest episode of our Labari Media Podcast show, we spoke to Akua Sencherey, a Ghanaian-American product marketing leader at Andela, one of the world’s largest private marketplaces of skilled technical talent, reshaping how companies hire through its AI-powered platform.
We discussed Andela’s “adaptive hiring” process and how companies, schools, and governments can leverage this process to get better talent.
Episode available on Spotify and Apple