What’s happened this Week:

• Jumia partners with Starlink to sell its terminals

• South Africa fintech Stitch raises $25 million

• and more!

The Africa Money and DeFi Summit just wrapped up its second edition in Accra at the Movenpick Hotel.

Over two days, the summit had keynote addresses, presentations, and panel discussions with guests from different companies including EMTECH, Bank of Ghana, Flutterwave, WiPay, Turaco, and more.

Read about our highlights and takeaways from the two-day event

In The News This Week:

Jumia Partners With Starlink To Sell Starlink Terminals In Africa

Elon Musk’s SpaceX, the space company, has announced a partnership with African e-commerce company Jumia to expand broadband internet in Africa.

Stitch Raises $25M In Series A Extension To Help Expand Customer Base

South African fintech Stitch has announced that it has raised $25 million in a Series A extension.

Paystack Launches Virtual Terminals In Nigeria As Alternative To Physical Point Of Sale Devices

Paystack, the Nigerian fintech company, has introduced virtual terminals as a new product to enable merchants to accept payments through bank transfers.

In the rest of the news:

• Huawei Partners With Kenyan Esports Federation To Provide 5G Support For African Global Esports Games

• Wahu Mobility Receives Investment From German Firm To Support Its Operations

• Bank Of Ghana Partners With EMTECH To Launch eCedi Hackathon

• Nine Interesting Proposed Incentives From Rwanda’s Startup Act

• SolarTaxi Included In “Google For Startups Accelerator: Climate Change” Cohorts For Middle East and Africa

• Fintech Company Dash To Cut 50% Of Staff Of Workforce

Tech Events In Ghana

We’re putting together events that will be happening later in Ghana this year. You can check them out here:

Africa Ecosystem Funding Activity

• Funding for African tech startups continues to fall as global climate bites hard - Disrupt Africa

• Google opens applications for $100k Hustle Academy Fund to empower Nigerian SMBs - Disrupt Africa

• Make-IT in Africa, Orange open applications for Senegal-based agri-tech programme - Disrupt Africa

Labari Media Podcast

In our latest episode, we spoke to Maureen Atebawone of Bawoni CX about customer experience in Ghana.

We talked about the differences between customer service and customer experience, the trends with customer experience in Ghana, and ways for businesses to improve using customer experience.

Ecosystem Data Portal

Subscribe to our Tech Ecosystem data portal and get access to information on 200+ startups and companies in the Ghanaian tech ecosystem.

You can access all this data by subscribing to our portal here for $20/month (or 60GHC a month)