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Wasoko and MaxAB Complete Landmark Merger to Form Pan-African B2B E-Commerce and Fintech Ecosystem
B2B e-commerce platforms Wasoko and MaxAB have finalized an all-stock merger of equals, creating a combined entity that connects over 450,000 informal merchants across five African markets.
MNT-Halan Raises $157.5 Million to Accelerate Regional Expansion
Egypt’s first unicorn and fastest-growing fintech leader MNT-Halan has secured $157.5 million in new capital to fund its imminent geographical expansion beyond domestic borders.
Moove Secures $100 Million in Series B Funding at a $750 Million Valuation to Scale Global Mobility Financing
Mobility fintech Moove has raised $100 million in a Series B funding round led by new investment from Uber and participation from existing backer Mubadala, bringing its total valuation to $750 million.
Olam Agri Expands West African Footprint with €17M Acquisition of Senegalese Feed Manufacturer Avisen
Olam Agri has expanded its West African presence by acquiring Senegalese animal feed manufacturer Avisen in a €17 million deal, deepening its regional agribusiness footprint.
M-KOPA Raises Over $250 Million in Landmark Financing to Expand Digital Inclusion and E-Mobility
M-KOPA has successfully closed over $250 million in new equity and debt financing, marking one of the largest capital raises in African fintech history.