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Ideagen PLC, based in Grantham, UK, has shown solid financial performance over the last few years. Total recurring revenues were up 26 per cent for the year ending April 2021, compared to FY2020, rising from £43.1 million to £54.2 million. Recurring SaaS revenues grew by 47%, at £32.2m, up from £21.9m a year earlier, as […]

In the realm of e-commerce, Jumia has become synonymous with innovation and ambition, striving to provide solutions tailored to the African market. One of its notable ventures was Jumia Travel, a platform designed to simplify travel bookings across Africa. Jumia Travel aimed to make hotel reservations, flights, and holiday packages more accessible and user-friendly for

In the fast-evolving world of fintech, innovation alone is rarely enough to guarantee success. A compelling product must be complemented by strategic marketing, a deep understanding of market readiness, and seamless execution. SayPay, a South African company, exemplifies this lesson. As a pioneer in biometric authentication solutions, SayPay introduced advanced technologies that promised to revolutionize

In the ever-evolving financial technology (fintech) landscape, mobile payment solutions have become critical enablers of financial inclusion, especially in markets where traditional banking remains inaccessible to large portions of the population. Among the many players that sought to revolutionize the way people transact in Africa was Zoto, a mobile wallet service that initially gained traction

Mocality, launched in 2009, was Kenya’s largest online business directory at its peak. Designed to digitize business listings and connect local entrepreneurs with customers, it represented a bold step toward modernizing Kenya’s business landscape. The start-up aimed to leverage the growing digital infrastructure in the region by offering free business listings and affordable promotional services.

Kenya is a well-known hub for financial technology (fintech) innovation in Africa, boasting widespread mobile money use and a thriving digital economy. However, even within such a supportive ecosystem, not all fintech start-ups thrive. Kwanji, an ambitious fintech start-up, faced significant challenges in sustaining its operations, highlighting the difficulties of navigating the competitive and complex

Zuvaa, a once-celebrated Pan-African fashion start-up, captured the imagination of global fashion enthusiasts by promoting African-inspired designs and textiles. Founded in 2014 by Kelechi Anyadiegwu, the company aimed to bridge the gap between talented African designers and the international market. Positioned as a digital marketplace, Zuvaa offered vibrant African prints and innovative designs that resonated

Obami, a South African social e-learning platform, was designed to revolutionize education by integrating technology and community-based learning. Despite its innovative approach, the platform faces a significant obstacle: the lack of widespread internet penetration in South Africa. This digital divide continues to hinder access, equity, and scalability in e-learning, challenging Obami’s mission of democratizing education.