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Africa’s Game Studios Receive Google Funding
Google Play has announced a $1 million fund to support 10 African game development studios, marking one of the platform’s most significant investments in the continent’s fast-growing gaming ecosystem. The initiative is designed to provide financial backing, mentorship, and business development support to promising studios as they build games for local and global audiences. The…
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Centiiv Reinvents Global Payment Infrastructure
Centiiv is positioning itself as a key player in Africa’s rapidly evolving fintech ecosystem by building the infrastructure that enables seamless global payments. As businesses increasingly operate across borders, the need for reliable liquidity, efficient settlement, and modern financial infrastructure has become more pressing. Rather than focusing solely on consumer-facing payment products, Centiiv is developing…
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African Startup Funding Drops 40% in Q2 2026
African technology startups secured approximately $260 million in funding during the second quarter of 2026, representing a 40% decline compared with the same period in 2025. The figures reflect a more cautious investment environment, as venture capital firms continue to prioritise sustainable growth, profitability, and operational efficiency over rapid expansion. Despite the year-on-year decline, the…
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Catalyst Fund Raises $30M to Fuel Africa’s Climate-Tech Growth
Catalyst Fund has reached the second close of its climate technology fund at $30 million, reinforcing its commitment to supporting African startups developing innovative solutions to the continent’s environmental and climate challenges. The milestone underscores growing investor confidence in Africa’s climate-tech sector, which has emerged as one of the fastest-growing segments of the continent’s startup…
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Zoyk POS Gains Momentum Across Southern Africa
Zoyk’s point-of-sale (POS) solution is gaining increasing attention across the Southern African Development Community (SADC) as businesses seek smarter, more integrated payment and retail management technologies. With digital transformation accelerating across the region, merchants are looking beyond basic payment terminals to platforms that combine payment processing, inventory management, customer insights, and business analytics into a…
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LemFi Expands Into Wealth Management With Wealth8 Acquisition
African fintech company LemFi has acquired Wealth8, marking a strategic move beyond cross-border payments into wealth management and investment services. The acquisition signals the company’s ambition to evolve into a comprehensive financial platform that serves the broader financial needs of immigrants and global customers, extending beyond remittances to long-term wealth creation. LemFi has built its…