Passafree merges with Portugal’s PassiD to explore markets in Africa and Europe

CAPE VERDE – Passafree, an event ticketing and marketing platform, has merged with Portuguese company Best-id to form PassiD, with the new combined venture planning to scale across Africa and Europe. Passafree founder Helga Ortet, who started selling tickets in 2011 as a university student, created the Passafree brand in 2015, and launched it as a company in 2017, said PassiD was currently operating in the the city of Praia but was working on having coverage on all the islands of Cape Verde. “In 2021 we will start to explore…

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Cape Verde’s Fintech startup Makenba raises funds to expand into the US

CAPE VERDE – Makeba, a Cape Verdean fintech startup that combines point-of-sale payments and money transfer into mobile applications has raised about US$246,000 in a crowdfunding round via WeFunder platfom. Makeba has a pre-money valuation that is estimated to be about US$30 million, and is interested individuals can invest in the company for as little as $240 through the crowdfunding platform. According to a release by the crowdfunding platfom, Makeba has so far raised more than $2.5 million in debt and equity. The funds that is has raised has given…

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Cape Verde’s tourism gets a boost as national carrier launches direct flights to Nigeria

CAPE VERDE – The national carrier of the Cape Verde Islands, Cabo Verde Airlines, has announced plans to begin flight services to Lagos by December this year. The airline said on Tuesday that the direct flights from Lagos, Nigeria to Cape Verde had been designed to boost tourism and travel between both countries. The Chief Executive Officer and President, Cabo Verde Airline, Jens Bjarnason, said the carrier’s Boeing 757-200 would be used to service the route. The plane is expected to fly five times a week flight from the Murtala…

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