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Top theouut.com News

Proudly SA Banks on Local E-Commerce
Economy · South Africa

Proudly SA Banks on Local E-Commerce

In partnership with the Department of Trade, Industry and Competition, Proudly South African readies two e-commerce platforms.See the Story
PaidHR, A Nigerian Human Resources Tech Startup, Raises $1.8M To Scale Its Solutions Across Africa
Nigeria · Nigeria

PaidHR, A Nigerian Human Resources Tech Startup, Raises $1.8M To Scale Its Solutions Across Africa

Lagos-based HR-tech startup PaidHR has raised $1.8 million in seed funding to build a comprehensive salary, benefits, and payments ecosystem for African businesses. The round was led by Accion Venture Lab, with participation from Zrosk, Chui Ventures, and Zedcrest Capital.Founded in 2020 by CEO Seye Bandele and CTO Lekan Omotosho, PaidHR began with the goal of helping Nigerian businesses pay their employees reliably. Four years later, the platfo…See the Story
Kenya's Peach Cars Lands Ksh1.4 Billion From Suzuki to Fuel Expansion
Startups · Kenya

Kenya's Peach Cars Lands Ksh1.4 Billion From Suzuki to Fuel Expansion

Peach Tech, the Nairobi-based startup behind Peach Cars - the digital marketplace transforming used car transactions in Africa - has raised $11 million (about Ksh1.4 billion) in a Series A.See the Story

PesaLink, Fintech Alliance partner to accelerate inclusive digital payments in Kenya

PesaLink Kenya CEO Gituku Kirika said the partnership with Fintech Alliance marks a major milestone in uniting Kenya’s banking and fintech sectors.Kenya · KenyaSee the Story

Google’s AI Accelerator Taps Innovators from Three East African Nations

Google has announced the selection of 15 startups for the ninth cohort of its Google for Startups Accelerator: Africa program. The companies, chosen from over 1,500 applicants across the continent, are leveraging artificial intelligence (AI) to address pressing challenges in sectors such as logistics, agriculture, healthcare, compliance, and finance.Two Kenyan startups, Apexloads and Shamba Records, are among those selected. Apexloads provides a…Google · NairobiRead Article

AYuTe NextGen 2025 Winners: Youth innovations to reshape African agricultural sector – Daily News

KAMPALA, Uganda: Four young agricultural technology (AgriTech) innovators have emerged as the winners of the AYuTe NextGen 2025 competition, following three days of presentations, open dialogue, and bold ideas in Kampala, Uganda. Developed and hosted by Heifer International, AYuTe NextGen is Africa’s premier platform for youth-led agricultural innovation, designed to empower young people in shaping the future of food. This year’s event, held und…Kampala · KampalaSee the Story

Tesla Enters Africa, Sets Up Shop in Morocco

Tesla has officially entered the African market with the launch of its first office on the continent, located in Casablanca, Morocco. The move establishes a formal presence for the U.S.-based electric vehicle and clean energy company, which quietly tested the waters in 2021 by installing a limited number of charging stations in Casablanca and Tangier.Registered on May 27, 2025, Tesla Morocco will handle the import and sale of electric vehicles, …Casablanca, Morocco · CasablancaRead Article

CFAO, Almasi Offer 90% Sharia Financing for Kenyan Transport SMEs

CFAO Mobility Kenya and Almasi Financial Services Limited have launched a financing partnership targeting entrepreneurs and small businesses. The initiative offers up to 90% Sharia-compliant financing for commercial vehicles, repayable over 60 months.The deal covers a range of commercial trucks and buses, including brands such as Mercedes-Benz, Hino, and Sinotruk vehicles that are crucial to logistics operations in the region. CFAO Mobility Keny…Kenya · KenyaRead Article

Logidoo Extends Casablanca–Dakar Logistics Corridor to Belgium

Senegalese logistics innovator Logidoo bridges Europe and West Africa via Morocco hub. Logistics startup Logidoo (site), founded in 2020 by Tamsir Ousmane Traoré, is scaling its pan-African trade operations by launching a new corridor linking Belgium to its existing Casablanca–Dakar route. This strategic expansion solidifies Morocco’s role as a gateway for European goods destined for West African markets. New Belgium–Casablanca–Dakar Route Logid…Dakar · DakarSee the Story

Pesa Acquires UK’s Authoripay to Expand Global Remittance Capabilities

Cross-border financial platform Pesa has announced its acquisition of Authoripay, a UK-based payment service provider. TORONTO, ONTARIO, CANADA, June 19, 2025 /EINPresswire.com/ -- Toronto-based cross-border fintech Pesa has acquired UK electronic money institution Authoripay Emoney, accelerating its plans to scale remittance and payment services across Europe. The deal marks a major milestone for the Canadian startup as it expands its regulator…See the Story

Jaltech Backs Solar Firm Wetility in R500-Million Capital Raise - TechCentral

Wetility, a subscription solar service provider, has secured R500-million in structured capital funding from Jaltech.Innovation · South AfricaSee the Story

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