Startups
News updates on startups in Africa. Send tips to info@techtrendske.co.ke.
Innovate Now Accelerator Program for Assistive Technology innovators announced
19 hours ago
Innovate Now Accelerator Program for Assistive Technology innovators announced
Innovate Now, an accelerator that extends support to innovators building assistive technologies has selected eight ventures to participate in its…
Cairo Angels Injected Undisclosed Amount in Kenya’s FlexPay
2 days ago
Cairo Angels Injected Undisclosed Amount in Kenya’s FlexPay
Fintech startup FlexPay has raised an undisclosed amount of funding from Cairo Angels Syndicate Fund(CASF). The Kenyan firm operates an…
Healthtech startup Zuri Health raises $1.3-million to expand across Africa
2 days ago
Healthtech startup Zuri Health raises $1.3-million to expand across Africa
Kenyan healthtech startup Zuri Health has raised $1.3-million in funding to expand across Africa. The startup which offers mobile-based healthcare…
Kenyan fintech Bamba raises $3.2m seed funding to scale
2 days ago
Kenyan fintech Bamba raises $3.2m seed funding to scale
Kenyan fintech startup Bamba has secured $3.2m in seed funding to scale its app and build out its team. Venture capital…
Kenyan Fintech Hisa Joins NVIDIA Inception Programme
2 days ago
Kenyan Fintech Hisa Joins NVIDIA Inception Programme
Hisa App, a Kenyan mobile investment platform that allows anyone in Kenya to invest in U.S. stocks and ETFs using…
Nigeria’s Freight Forwarder Topship Raises $2.5M Seed Funding
4 days ago
Nigeria’s Freight Forwarder Topship Raises $2.5M Seed Funding
Since tech-based startups started playing a key role by bridging gaps in the logistics sector in Africa, we’ve witnessed tremendous…
Kenyan B2B e-commerce startup TopUP Mama Has Raised $1.7 million Seed Funding
4 days ago
Kenyan B2B e-commerce startup TopUP Mama Has Raised $1.7 million Seed Funding
TopUp Mama a Kenyan startup that makes it easy for eateries to access supplies, banking services and management tools has…
VC firm Ventures Platform appoints Dr. Dotun Olowoporoku as New Venture Partner
5 days ago
VC firm Ventures Platform appoints Dr. Dotun Olowoporoku as New Venture Partner
Pan-African VC firm, Ventures Platform has appointed Dr. Dotun Olowoporoku as its new Venture Partner. The appointment comes less than…
Twiga Foods announces new subsidiary focusing on modern and commercial farming
5 days ago
Twiga Foods announces new subsidiary focusing on modern and commercial farming
Kenyan B2B E-Commerce startup Twiga Foods today launched a new subsidiary that is focused on modern and commercial farming. Known…
Kenyan startup Abantu AI Aims To Makes Local Languages Translation Easy
1 week ago
Kenyan startup Abantu AI Aims To Makes Local Languages Translation Easy
There are more than 2000 languages spoken across the African continent. Most of these are indigenous languages that are very…
African Startups Raised $2billion in 2021, Report
1 week ago
African Startups Raised $2billion in 2021, Report
The African Tech Startups Funding Report (2021) demonstrates a continued interest by investors in promising African startups. According to the…
Nigeria’s Fidia has created a crowdfunding platform for African content creators
1 week ago
Nigeria’s Fidia has created a crowdfunding platform for African content creators
For any content creator, getting their work seen and appreciated by the public is the first important step to success. …
Egyptian Fintech Paymob raises $50M in Series B funding
2 weeks ago
Egyptian Fintech Paymob raises $50M in Series B funding
The continued attention on African fintech startups is attracting unprecedented attention and investments from high-ranking venture capitalists. The latest such…
B2B eCommerce platform TradeDepot appoints Chidi Akubuiro as Managing Director for West Africa
2 weeks ago
B2B eCommerce platform TradeDepot appoints Chidi Akubuiro as Managing Director for West Africa
TradeDepot, a B2B eCommerce and embedded finance platform in Africa, has appointed former Coca Cola HBC and Hayat Kimya Nigeria…
Kenyan startup Wowzi is connecting influencers with ad agencies
2 weeks ago
Kenyan startup Wowzi is connecting influencers with ad agencies
The modern advertising space is nothing like we knew ten years ago. Well, not really, but a lot has changed,…
SA Remittance Fintech Mama Money Aims to offer Lowest Transfer Charges
2 weeks ago
SA Remittance Fintech Mama Money Aims to offer Lowest Transfer Charges
Fintech startups in Africa are doing a spectacular job at revolutionizing remittances, accessibility, saving, and the whole culture surrounding finances.…
Kenyan e-health startup Zuri Health launches Whatsapp Chatbot
2 weeks ago
Kenyan e-health startup Zuri Health launches Whatsapp Chatbot
Kenyan health tech startup Zuri Health has launched a WhatsApp chatbot for its users in Kenya. Known as Vera, Zuri says…
Nigerian Trade Tech Firm Norebase Raises $1M in Pre-Seed Round
2 weeks ago
Nigerian Trade Tech Firm Norebase Raises $1M in Pre-Seed Round
Norebase, a Nigeria-based trade technology firm announced on Wednesday that it has secured $1M pre-seed funding round. The funding round…
Power and Turaco partner to provide affordable insurance for gig workers across Africa
2 weeks ago
Power and Turaco partner to provide affordable insurance for gig workers across Africa
Fintech startup Power Financial Wellness has joined forces with insurtech firm Turaco to offer affordable health insurance products to its…
Nigeria’s OnePort 365 secures $5 million Seed Funding to Digitize Freight Management in Africa
3 weeks ago
Nigeria’s OnePort 365 secures $5 million Seed Funding to Digitize Freight Management in Africa
Nigeria’s digital freight forwarding company OnePort 365 has raised $5 million in seed funding to drive the end-to-end digitisation of…
Tanzania’s fintech NALA partners with Cellulant for diaspora remittance
3 weeks ago
Tanzania’s fintech NALA partners with Cellulant for diaspora remittance
Tanzania-based fintech startup NALA has partnered with Pan-African payments company, Cellulant to power payments from the United Kingdom and the…
Glovo Kenya tech startup pitch competition winners announced
3 weeks ago
Glovo Kenya tech startup pitch competition winners announced
On-demand delivery platform Glovo has announced the winners of its tech startup pitch competition in Kenya. Glovo in partnership with…
Solar energy provider Sun King raises $260 million in latest funding round
3 weeks ago
Solar energy provider Sun King raises $260 million in latest funding round
Sun King, a solar energy company that helps power off-grid homes in Africa and Asia has raised $260 million in…
Nigeria’s home services subscription App Eden Life acquires Kenya’s Lynk
3 weeks ago
Nigeria’s home services subscription App Eden Life acquires Kenya’s Lynk
Nigeria’s home concierge services scheduling platform Eden Life has acquired Lynk, the former technology company connecting informal workers to job…
CcHUB, Google unveil 9 Startups selected for the Fintech Incubation Programme in Rwanda
4 weeks ago
CcHUB, Google unveil 9 Startups selected for the Fintech Incubation Programme in Rwanda
Nigeria’s technology innovation centre Co-creation Hub (CcHUB) in collaboration with Google, Ministry of ICT and Innovation Rwanda, and Mojaloop Foundation…
BFA Global and FSD Africa launch a $3.3m fintech venture launcher for climate resilience in Africa
4 weeks ago
BFA Global and FSD Africa launch a $3.3m fintech venture launcher for climate resilience in Africa
BFA Global and FSD Africa have unveiled a new venture launcher to support entrepreneurs in the fintech for climate resilience…
Kenyan Electric Vehicle Maker Opibus Rebrands to ROAM
April 20, 2022
Kenyan Electric Vehicle Maker Opibus Rebrands to ROAM
Kenya’s leading electric vehicle (EV) maker Opibus has changed its name to ROAM. The company was among the earliest entrants…
Kenyan Mobile commerce startup Copia appoints former Amazon Executive to its Board
April 7, 2022
Kenyan Mobile commerce startup Copia appoints former Amazon Executive to its Board
Copia Global, a Kenyan-based mobile commerce platform has appointed of former Amazon executive Jason Murray to its Board. Jason brings…
Kenyan open finance infrastructure startup Credrails partners with Access Bank for future of finance in Africa
April 4, 2022
Kenyan open finance infrastructure startup Credrails partners with Access Bank for future of finance in Africa
Access Bank has partnered with Kenyan women-led open finance infrastructure startup Credrails to develop open finance rails that will dramatically…
Flutterwave CEO Embroiled in Bullying, Fraud Claims
April 4, 2022
Flutterwave CEO Embroiled in Bullying, Fraud Claims
A former employee of Nigerian-based payment solutions provider Flutterwave has levelled claims of bullying and fraud against company Founder and…
Andela expands its talent offering to include designers, product managers, and data analysts
March 31, 2022
Andela expands its talent offering to include designers, product managers, and data analysts
Andela, the startup that helps tech companies build remote engineering has announced that it is expanding its talent offering to…
Egyptian e-sport startup Eksab raises $3M to scale its fantasy football platform
March 28, 2022
Egyptian e-sport startup Eksab raises $3M to scale its fantasy football platform
Cairo-headquartered e-sport startup Eksab has raised $3M Seed funding round, bringing the company’s total investment to date to $3.7M. The…
Nigerian logistics startup Kwik raises $2 million Series A Round to digitize informal African trade
March 28, 2022
Nigerian logistics startup Kwik raises $2 million Series A Round to digitize informal African trade
Nigerian logistics startup Kwik has closed its $2 million Series A round led by XBTO Ventures, an investor focused on…
Flutterwave goes live in Tanzania
March 28, 2022
Flutterwave goes live in Tanzania
African fintech Flutterwave has received approval from the Bank of Tanzania (BoT) to launch its payment service in the country.…
Konza and Association of Startups sign MoU to support local startups
March 25, 2022
Konza and Association of Startups sign MoU to support local startups
Konza Technopolis Development Authority (KoTDA) and the Association of Startups and SME Enablers in Kenya (ASSEK) have signed an MoU…
Kenya looks to FinTech to supercharge financial inclusion, report
March 24, 2022
Kenya looks to FinTech to supercharge financial inclusion, report
Kenya has the opportunity to become a continental leader in FinTech and dramatically boost financial inclusion by enhancing the existing…
Nigeria’s agri-tech startup ThriveAgric raises $56.4m debt funding to accelerate African expansion
March 23, 2022
Nigeria’s agri-tech startup ThriveAgric raises $56.4m debt funding to accelerate African expansion
Nigeria’s agri-tech startup ThriveAgric has raised $56.4M in debt funding from local commercial banks and institutional investors to grow its…
10 African Fintech Startups Selected for CATAPULT: Inclusion Africa Special Dubai Edition
March 22, 2022
10 African Fintech Startups Selected for CATAPULT: Inclusion Africa Special Dubai Edition
The LHoFT Foundation has announced the 10 African fintech startups that will take part in the special edition of CATAPULT:…
Flutterwave CEO Joins Africa’s BNPL Firm Lipa Later’s Advisory Board
March 19, 2022
Flutterwave CEO Joins Africa’s BNPL Firm Lipa Later’s Advisory Board
After raising $12 million funding from a consortium of investors to expand its operations across Africa, Africa’s leading Buy-Now-Pay-Later (BNPL)…
Kenyan e-commerce startup Sokowatch raises $125M, rebrands to Wasoko
March 16, 2022
Kenyan e-commerce startup Sokowatch raises $125M, rebrands to Wasoko
Kenyan based B2B e-commerce startup Sokowatch has raised a $125 million Series B equity round, the largest venture financing round ever…
Luno launches investment arm to support fintech and crypto startups
March 16, 2022
Luno launches investment arm to support fintech and crypto startups
Cryptocurrency exchange platform Luno, a subsidiary of Digital Currency Group (“DCG”), today announced the launch of Luno Expeditions, an early-stage…
Kenyan fintech 4G Capital raises $18.5M from Lightrock
March 16, 2022
Kenyan fintech 4G Capital raises $18.5M from Lightrock
Kenyan fintech credit provider 4G Capital has raised $18.5 million in Series C funding from global private equity firm Lightrock. …
Bank of Ghana Suspends Fintech Operator Dash
March 15, 2022
Bank of Ghana Suspends Fintech Operator Dash
The Bank of Ghana(BoG) has ordered Dash, one of the country’s leading fintech operators to immediately cease offering a number…
15 African Startups Qualify for Google’s Accelerator Bootcamp
March 15, 2022
15 African Startups Qualify for Google’s Accelerator Bootcamp
A total of 15 startups from seven African countries have been selected to participate in Google for Startups Accelerator Africa…
Four Kenyan Startups among 12 Selected for Microsoft Accelerator Programme.
March 15, 2022
Four Kenyan Startups among 12 Selected for Microsoft Accelerator Programme.
Microsoft in conjunction with Flapmax have announced the qualifying startups for their first accelerator programme that begins March 21, 2022.…
Six finalists of the Africa No Filter Competition set to receive upto $30,000 funding
March 14, 2022
Six finalists of the Africa No Filter Competition set to receive upto $30,000 funding
Africa No Filter (ANF) and Meta have announced the six finalists of the first-ever “Future Africa: Telling Stories, Building Worlds”…
Vehicle financing startup Moove secures $105 million for expansion
March 14, 2022
Vehicle financing startup Moove secures $105 million for expansion
African fintech mobility startup Moove has raised $105 million in new Series A2 financing. This comes just seven months after…
OkHi Aims to give the 4 billion people in Africa a Verifiable Digital Address
March 14, 2022
OkHi Aims to give the 4 billion people in Africa a Verifiable Digital Address
OkHi: In the developed world, it’s much easier for anyone to give you directions to their home or business location…
YC-backed Curacel unveils new platform to enable tech companies offer insurance
March 11, 2022
YC-backed Curacel unveils new platform to enable tech companies offer insurance
Curacel, a YC-backed African insurance infrastructure startup, has launched an embedded insurance product that will enable tech companies to offer…
Standard Chartered Bank opens applications for its 5th cohort of its Women in Tech program
March 10, 2022
Standard Chartered Bank opens applications for its 5th cohort of its Women in Tech program
Standard Chartered Bank has opened applications for the 5th cohort of its Women in Tech incubator program. The program, which…
BasiGo Flags off first Electric Buses in Kenya, Pilots with CitiHoppa and East Shuttle
March 9, 2022
BasiGo Flags off first Electric Buses in Kenya, Pilots with CitiHoppa and East Shuttle
Just a month after closing a $4.3 million seed funding round, Nairobi headquartered e-mobility startup BasiGo has today flagged off…
Dream VC opens applications for its VC Fellowship Program in Africa
March 8, 2022
Dream VC opens applications for its VC Fellowship Program in Africa
Dream VC, a Remote Venture Capital Upskilling Institute, has opened applications for its 2022 fellowship program for VCs in Africa.…
26 startups selected to join African Tech Vision’s 2nd Mentorship Program for African Female Founders
March 7, 2022
26 startups selected to join African Tech Vision’s 2nd Mentorship Program for African Female Founders
African Tech Vision, a non-profit-organization supporting early-stage female tech founders, has announced 26 startups that will be joining its 2nd…
Glovo launches pitch competition for tech startups in Kenya
March 3, 2022
Glovo launches pitch competition for tech startups in Kenya
On-demand delivery platform Glovo has launched a pitch competition targeting early-stage tech startups in Kenya that are delivering value to…
Microsoft to support 10,000 African startups over the next five years
March 3, 2022
Microsoft to support 10,000 African startups over the next five years
Microsoft has today announced new initiatives to support 10,000 African startups. The initiatives will be run under its recently established…
Mozilla Common Voice announces $400K in grants for Kiswahili voice tech projects in East Africa
March 2, 2022
Mozilla Common Voice announces $400K in grants for Kiswahili voice tech projects in East Africa
Mozilla Common Voice, an open-source initiative that aims to make voice technology more inclusive has announced $400,000 in grants for…
South African fintechs Payflex and Merchant Capital launch cash advance solution for small retailers
March 1, 2022
South African fintechs Payflex and Merchant Capital launch cash advance solution for small retailers
Two South African fintechs, alternative lender Merchant Capital and buy-now-pay-later (BNPL) specialist Payflex, have launched a cash advance solution for small…
M-KOPA raises $75M funding as it hits two million customer milestone
March 1, 2022
M-KOPA raises $75M funding as it hits two million customer milestone
Connected asset financing platform M-KOPA, has raised $75M funding. The ”Growth Equity round” as the company describes it in a press…
3 Kenyan startups selected for Catalyst Fund fintech accelerator
February 24, 2022
3 Kenyan startups selected for Catalyst Fund fintech accelerator
Three Kenyan startups are among the six selected to join the tenth cohort of the Catalyst Fund fintech accelerator. The…
Kenyan food-tech startup Kune starts commercial operations in Nairobi, unveils new mobile app
February 24, 2022
Kenyan food-tech startup Kune starts commercial operations in Nairobi, unveils new mobile app
Kenyan food-tech startup, Kune has officially begun commercial operations with four meal hubs located in strategic locations in Nairobi. The…
B2B eCommerce platform TradeDepot acquires Accra-based Green Lion to accelerate expansion across Ghana
February 23, 2022
B2B eCommerce platform TradeDepot acquires Accra-based Green Lion to accelerate expansion across Ghana
TradeDepot, a B2B eCommerce and embedded finance platform in Africa has acquired its competitor from Ghana Green Lion for an…
Milken Institute and Motsepe Foundation Announce Milken-Motsepe Prize in AgriTech Finalists
February 23, 2022
Milken Institute and Motsepe Foundation Announce Milken-Motsepe Prize in AgriTech Finalists
The Milken Institute and the Motsepe Foundation today announced the 25 teams from across Africa receiving Finalist prizes for the Milken-Motsepe Prize in…
Kenyan startup MarketForce raises $40M to scale its merchant inventory financing program
February 22, 2022
Kenyan startup MarketForce raises $40M to scale its merchant inventory financing program
Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa Today, MarketForce has raised $40…
African fintech Flutterwave rebrands, introduces new products and services
February 21, 2022
African fintech Flutterwave rebrands, introduces new products and services
African fintech startup Flutterwave has unveiled a significant re-brand and identity at Flutterwave 3.0, a virtual event held on Friday, 18th February…
[African Startup Review] Pie Kamau: Nigerian fintech Flutterwave is now Africa’s highest valued Unicorn
February 20, 2022
[African Startup Review] Pie Kamau: Nigerian fintech Flutterwave is now Africa’s highest valued Unicorn
As the African fintech space continues to bloom, so does the funding. Flutterwave, the San Francisco-headquartered and Lagos-based company that…
BitKE to host a webinar on startup funding in Africa, register to attend now
February 17, 2022
BitKE to host a webinar on startup funding in Africa, register to attend now
2021 was the biggest year, so far, in the history of funding for African startups which saw over $4.6 billion…
Moringa School expands to Ghana in new partnership with Impact Hub Accra
February 17, 2022
Moringa School expands to Ghana in new partnership with Impact Hub Accra
Africa technology boot-camp, Moringa School is expanding to Ghana in partnership with Impact Hub Accra. Moringa said in a statement…
African fintech Flutterwave valuation rises to over $3B after $250M Series D funding
February 16, 2022
African fintech Flutterwave valuation rises to over $3B after $250M Series D funding
African fintech firm Flutterwave has tripled its valuation to over $3 billion after raising $250 million in Series D funding.…
SA Online home services platform SweepSouth launches its Connect service in Kenya
February 16, 2022
SA Online home services platform SweepSouth launches its Connect service in Kenya
South Africa’s online home services platform, SweepSouth has launched SweepSouth Connect in Kenya. SweepSouth Connect is the service that connects…
Haskè Ventures announces a $150K investment in Senegalese retail-tech startup ProXalys
February 16, 2022
Haskè Ventures announces a $150K investment in Senegalese retail-tech startup ProXalys
Senegalese retail-tech startup ProXalys has raised $150,000 in pre-seed funding from Haskè Ventures, the venture builder for Francophone Africa. The…
Sendy fulfillment service crosses 1,000 online sellers
February 15, 2022
Sendy fulfillment service crosses 1,000 online sellers
Launched in November last year, Sendy fulfillment service is a digital-enabled platform that relieves online sellers of logistics difficulties while…
Remedial Health raises $1 million pre-seed funding to digitize African pharmacies
February 14, 2022
Remedial Health raises $1 million pre-seed funding to digitize African pharmacies
Healthtech startup Remedial Health has raised $1 million in pre-seed funding to digitize neighbourhood pharmacies across Africa starting with Nigeria.…
DCA extends application deadline for Miss. Africa Seed-Fund Impact Program
February 14, 2022
DCA extends application deadline for Miss. Africa Seed-Fund Impact Program
Miss.Africa Initiative led by DCA Academy has announced that it is extending the application deadline for its Miss.Africa Seed- Fund…
European Bank invests $10M in Egypt’s bus-hailing company Swvl
February 12, 2022
European Bank invests $10M in Egypt’s bus-hailing company Swvl
The European Bank for Reconstruction and Development (EBRD) has announced a $10 million investment in Egypt’s on-demand bus-hailing company Swvl.…
Oracle commits $1M to support African tech startups
February 10, 2022
Oracle commits $1M to support African tech startups
Oracle has announced support of $1 million for tech startups in Africa that will help accelerate their digital initiatives with the latest cloud technologies…
Kenyan electric vehicle startup BasiGo secures $4.3 million seed funding to commercialise its electric bus business model
February 9, 2022
Kenyan electric vehicle startup BasiGo secures $4.3 million seed funding to commercialise its electric bus business model
Kenyan-based electric vehicle technology and financing startup BasiGo has closed a $4.3 million seed funding round. The funding was led…
Egyptian digital investment startup Thndr raises $20m to democratize investing in the MENA region
February 9, 2022
Egyptian digital investment startup Thndr raises $20m to democratize investing in the MENA region
Thndr, the Egyptian digital investment platform has announced a new $20 million series A investment round. The funding was co-led…
Insurtech startup Casava secures $4m pre-seed funding to provide affordable insurance for millions of Nigerians
February 4, 2022
Insurtech startup Casava secures $4m pre-seed funding to provide affordable insurance for millions of Nigerians
Nigeria’s digital insurance company Casava has secured US$4 million in pre-seed funding to provide affordable and accessible insurance products for…
Kenyan insurtech startup Lami acquires Bluewave Insurance Agency for an undisclosed amount
February 3, 2022
Kenyan insurtech startup Lami acquires Bluewave Insurance Agency for an undisclosed amount
Kenyan insurtech startup Lami Technologies has acquired Bluewave Insurance Agency, another Kenyan-based insurtech startup for an undisclosed amount. Bluewave leverages mobile…
Kenyan logistics startup Amitruck raises $4M funding to expand across Africa
February 3, 2022
Kenyan logistics startup Amitruck raises $4M funding to expand across Africa
Kenya-based digital trucking logistics startup Amitruck has secured $4 million in seed funding to expand its operations across Africa. The…
Wealth-tech startup Ndovu launches in Kenya to provide users with easy access to global financial market
February 2, 2022
Wealth-tech startup Ndovu launches in Kenya to provide users with easy access to global financial market
Wealth-tech startup Ndovu has today officially launched in Kenya. Founded by Radhika Bhachu, Ro Nyangeri, and Gianpaolo De Biase, Ndovu…
African fintech mobility startup Moove raises $10 million financing from NBK Capital Partners
February 2, 2022
African fintech mobility startup Moove raises $10 million financing from NBK Capital Partners
African fintech mobility startup Moove has closed a US$10 million financing facility from NBK Capital Partners. Moove is Uber’s exclusive…
South African fintech startup CompariSure raises $980k pre-Series A funding for expansion
January 31, 2022
South African fintech startup CompariSure raises $980k pre-Series A funding for expansion
South African fintech startup CompariSure has raised $980,000 in pre-Series A funding round for expansion in the South African market.…
Five Kenyan startups shine at JICA’s NINJA Accelerator second demo day
January 31, 2022
Five Kenyan startups shine at JICA’s NINJA Accelerator second demo day
Shamba Pride, Saada Tech, Kijenzi, M-Paya Energy, and MyMovies.Africa are the five startups that shined during the second Demo Day of…
African Focused VC Firm TLcom Secures First Close of $150mn Pan-African Tech Fund
January 27, 2022
African Focused VC Firm TLcom Secures First Close of $150mn Pan-African Tech Fund
TLcom, the Africa-focused venture capital firm has announced a first close of $70mn for its $150mn Africa focused tech fund…
Tech startups key to Africa’s digital transformation but urgently need investment, report
January 22, 2022
Tech startups key to Africa’s digital transformation but urgently need investment, report
The World Economic Forum’s latest report, “Attracting Investment and Accelerating Adoption for the Fourth Industrial Revolution in Africa” analyses the…
Call for startups to Pitch Live at 2022 Africa Startup Summit in Nairobi
January 21, 2022
Call for startups to Pitch Live at 2022 Africa Startup Summit in Nairobi
Africa Tech Summit has opened applications to the 2022 edition of Pitch Live at the fourth Africa Startup Summit. The…
Kenyan Mobile commerce platform Copia raises $50 Million to ramp up African expansion
January 20, 2022
Kenyan Mobile commerce platform Copia raises $50 Million to ramp up African expansion
Kenyan-based mobile commerce platform Copia has raised $50 million in a Series C equity round led by Goodwell Investments. Copia…
Kenyan low-cost ISP Poa Internet raises $28 million funding
January 20, 2022
Kenyan low-cost ISP Poa Internet raises $28 million funding
Kenyan low-cost internet service provider Poa Internet has closed a $28 million round of funding led by Africa50. Poa Internet…
Kenyan fintech startup Zanifu raises $1M funding, eyes Ghana and Uganda expansion
January 20, 2022
Kenyan fintech startup Zanifu raises $1M funding, eyes Ghana and Uganda expansion
Kenyan fintech startup Zanifu has closed a $ 1 million seed round to scale its business and improve on its…
Canadian fintech startup Periculum launches in Nigeria to build credit assessment infrastructure for Africa
January 18, 2022
Canadian fintech startup Periculum launches in Nigeria to build credit assessment infrastructure for Africa
Canadian fintech startup and credit assessment company Periculum, has launched in Nigeria to tackle the challenge of domestic credit to…
Sankore Pitch Competition is coming to Nairobi targeting blockchain startups
January 17, 2022
Sankore Pitch Competition is coming to Nairobi targeting blockchain startups
Nairobi-headquartered blockchain community Sankore is launching the Sankore Pitch Competition Tour (PCT) in Nairobi. The pitching competition is targeting startups…
Kenyan BNPL Startup Lipa Later Secures $12M funding to Expand Across Africa
January 13, 2022
Kenyan BNPL Startup Lipa Later Secures $12M funding to Expand Across Africa
Kenyan buy-now-pay-later (BNPL) startup Lipa Later has raised $12 million funding from a consortium of investors to expand its operations…
Bolt raises €628M, its largest funding ever, to boost growth
January 13, 2022
Bolt raises €628M, its largest funding ever, to boost growth
Ride-sharing and food courier service Bolt has raised €628 million at a valuation of €7.4 billion. The round is Bolt’s…
Ivorian e-commerce startup Afrikrea raises $6.2M in pre-Series A, rebrands to “ANKA”
January 11, 2022
Ivorian e-commerce startup Afrikrea raises $6.2M in pre-Series A, rebrands to “ANKA”
Afrikrea, an Ivorian e-commerce startup has raised $6.2M pre-Series A round led by Investisseurs & Partenaires. The startup has also…
Egyptian fintech startups called to apply for Orange Ventures seed challenge
January 10, 2022
Egyptian fintech startups called to apply for Orange Ventures seed challenge
Orange Ventures has opened applications for its Seed Challenge that will see the VC form award one fintech startup from…
Kenyan fintech startup Alvin raises $740,000 pre-seed funding
January 6, 2022
Kenyan fintech startup Alvin raises $740,000 pre-seed funding
Kenyan fintech startup Alvin has raised a $740,000 pre-seed funding round led by Nigerian venture capital firm, Ingressive Capital. Other…
Nigeria’s CcHUB invested in over 11 high-growth African startups in 2021
January 6, 2022
Nigeria’s CcHUB invested in over 11 high-growth African startups in 2021
Nigeria’s technology innovation centre Co-creation Hub (CcHUB) invested in over 11 tech startups in Africa in 2021 through its new…
Ghanaian health tech startup mPharma secures $35million Series D funding for expansion
January 6, 2022
Ghanaian health tech startup mPharma secures $35million Series D funding for expansion
Ghanaian health tech startup mPharma has raised $35 million in a Series D round led by Citigroup Inc. Other investors…
The Tony Elumelu Foundation opens applications for its $5000 2022 Entrepreneurship Programme
January 3, 2022
The Tony Elumelu Foundation opens applications for its $5000 2022 Entrepreneurship Programme
The Tony Elumelu Foundation (TEF) has opened applications for the 2022 TEF Entrepreneurship Programme. The programme is open to African…
SA Online home services platform, SweepSouth acquires Egyptian start-up, Filkhedma
December 22, 2021
SA Online home services platform, SweepSouth acquires Egyptian start-up, Filkhedma
South Africa’s online home services platform, SweepSouth has announced its acquisition of Egyptian startup, Filkhedma as it continues its African…
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