Egyptian fintech startup Khazna has secured a $16 million pre-Series B funding round, bringing its total funding to $63 million. The fresh capital is intended to support Khazna’s application for a digital banking license in Egypt and to facilitate its expansion into the Saudi Arabian market through strategic partnerships. Khazna was founded in 2019 by Omar Saleh, Ahmed Wagueeh, and Fatimah El Shenawy. Initially launched as an earned wage access platform, Khazna has evolved into a comprehensive financial services provider, offering a “financial super app” tailored for underserved communities in Egypt. The app’s services include general-purpose credit, buy now pay…
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https://www.youtube.com/watch?v=-7aEjXZOk_g [đ„ERNS MEDIA] Ghanaian President John Dramani Mahama’s speech at the recently-held 2025 Africa Prosperity Dialogues (January 30- February 01, 2025Â ) is even more poignant today. He issued a compelling call to action, urging African nations to seize the immense $3.4 trillion economic potential that lies within the continent. He emphasised that Africaâs path to prosperity hinges on strategic investments in infrastructure, industrialization, and youth empowerment. Industrialisation: From Raw Materials to Finished Goods For too long, Africa has remained a supplier of raw materials while the economic gains from value addition occur elsewhere. Mahama stressed the urgency of shifting from…
https://www.youtube.com/watch?v=rCym5Vo6cLw Roads are crowded, fuel is expensive. Squad Mobilityâs tiny solar-powered electric vehicle comes to the rescue with its unbelievably small but comfortable Solar City car, which almost looks like a toy! Squad offers a secure, quick and sustainable solution for your daily mobility needs. Doing groceries and shopping, commuting to work, taking the children to and from school, sports club, social visits, doctor etc., while taking up minimal parking space. In sunny environments, the 6.6-foot-long car can go about 20 kilometres just on solar charge from its 250-watts-peak rooftop panel; it can also be plugged in like a regular E.V…
Deadline:Â 30 May 2025 Website:Â https://contest.cewe.co.uk/cewephotoaward-2025/en_gb/ Theme: Open Theme From Europe to the world, the CEWE Photo Award started as âEurope is beautiful.â The CEWE Photo Award today inspires people across all national borders to use their photography to exchange ideas about the beauty of our world under the motto âOur world is beautifulâ. This wide range of perspectives creates the opportunity to honour the most beautiful of all photos. The CEWE Photo Award is international and inclusive. It enables photography enthusiasts from all over the world to tell their stories, regardless of age, nationality or experience. As a charitable photo competition,…
Applications for the Delta40 Venture Studio Energy & Mobility Innovation Program are still open! If youâre a female founder working on an energy or mobility venture in Africa, this is your chance to join a 10-month program designed by entrepreneurs, for entrepreneurs.Delta40 is committed to closing the gender funding gap by investing 51% of its capital into women-led businesses. To reinforce this, at least 50% of the participants in this program will be female founders.Supported by the The Lemelson Foundation the program requires a commitment of 10 hours per week. Participants will receive venture studio support from Delta40, access to…
Godwin Sunday – Co-founder and CEO of Prokip Africa {đ„Author} The knowledge gap that could make or break your startup How much do you really know about building a business? For Godwin Sunday, meeting Tosin Eniolorunda in 2022 was a game-changerâshaping his perspective on startups and revealing crucial lessons about fundraising, scaling, and resilience. In this piece, he shares how learning from those ahead can save years of struggle and why continuous learning is the key to startup survival. If youâre building a business, this is a must-read! đ How much do you really know about business?Who are you learning…
Founder, CEO at SkillHat [đžAuthor] Mobola (Moâ) Ekujumi is the Co-Founder and CEO at SkillHat – a global tech company launching people of colour, women and North America’s newcomers to dream tech careers through e-learning, career coaching and staffing services. The biggest wealth opportunity right now: AI-Powered problem solving Businesses are drowning in inefficiencies, and those who can identify bottlenecks and automate workflows with AI are in high demandâcommanding six and seven-figure incomes. In this opinion piece, Mobola (Moâ) Ekujumi breaks down why AI-driven automation is the next big wealth-creation opportunity and how anyone can master it, no coding required.…
Blossom Affia – Expert Content Writer (SEO) [đžAuthor] The power of consistency: Why your next client is already watching Many entrepreneurs and professionals get discouraged when their content doesnât get likes, comments, or shares. But what if the right people are watchingâsilently? In this inspiring piece, Expert Content Writer (SEO),Blossom Affia, shares how two months of consistent posting, without a single cold DM, led to landing a high-value LinkedIn client who had been quietly following all along. Her story is a testament to the fact that visibility builds trust, not just engagement. If youâre showing up, adding value, and staying…
Advocating for African entrepreneurs: Tony Elumelu at the Legacy Builders Conference, West Palm Beach [đ„TonyOElumelu] Tony Elumelu Foundation (TEF) Founder, Tony O. Elumelu, C.F.R and CEO, Somachi Chris-Asoluka recently spent a productive day in Florida, USA, driving impactful conversations and advocating for the empowerment of African entrepreneurs. Since its inception in 2015, the Tony Elumelu Foundation (TEF) Entrepreneurship Programme has empowered over 20,000 African entrepreneurs with $100 million in funding, mentorship, and world-class business training. These changemakers have gone on to create jobs, drive innovation, and transform communities across all 54 African countriesâproving that when African entrepreneurs win, the world…
Olugbenga ‘GB’) Agboola – Co-Founder & CEO, Flutterwave [đžFlutterwave] According Flutterwave co-Founder & CEO, Olugbenga Agboola, the company will only proceed with its long-awaited IPO once it achieves profitability, . The African payments giant, which initially planned a Nasdaq listing in 2022, delayed the move to address governance concerns and key personnel changes. Founded in 2016, Flutterwave now operates in 35 African countries, processing over 630 million transactions worth $31 billion. The company expanded its remittance business last year, securing over 30 new licenses in the U.S. and offering services across the U.K., EU, and all 50 U.S. states. Flutterwave…