Startups

News updates on startups in Africa. Send tips to info@techtrendske.co.ke.

3 hours ago

Kenyan Supply Chain and Logistics Startup Leta Secures $3M Funding

Kenyan supply chain and logistics startup Leta has secured a $3M pre-seed equity round led by 4Di Capital, Chandaria Capital,…

7 hours ago

Tanzanian supply chain solutions startup Ramani has raised $32M in equity and debt

Tanzanian supply chain solutions provider Ramani has raised $32M in debt and equity in a Series A round that was…

18 hours ago

Pan-African solar company Solarise Africa raises $33.4M

Solarise Africa, a pan-African Energy-as-a-Service company that provides reliable and affordable energy solutions across Africa has raised $33.4M to expand…

7 days ago

Modus Africa sets aside $75M to support African AI and blockchain startups

African AI and blockchain startups are set to benefit from Modus Africa fund, an African –focused venture capital firm under…

1 week ago

Kenyan health-tech startup MYDAWA launches online platform to help in HIV prevention

Kenyan health-tech startup MYDAWA famous for its e-pharmacy platform has launched the first Kenyan online solution for HIV prevention. The…

1 week ago

Kenya’s agri-tech startup Stable Foods has raised $600k in funding

Stable Foods, a Kenyan agri-tech startup offering a host of solutions to small-scale farmers has raised $600k in funding. The…

2 weeks ago

How the fall of FTX impacted Nigeria’s Web3 startup Nestcoin

It’s now emerging that the collapse of American crypto platform FTX last week has had an impact on Nigeria’s Web3…

2 weeks ago

IFC has launched a $225 million VC subsidiary to fund early-stage African startups

The International Finance Corporation (IFC) has launched a $225 million venture capital subsidiary to invest in early-stage startups across Africa,…

2 weeks ago

Kenya-based Electric Vehicle Manufacturer BasiGo has raised $6.6 million in funding

BasiGo, the Kenyan-based electric manufacturer working to bring EVs for public transportation has raised $6.6 million (Sh804.5 million ), in…

2 weeks ago

Nigerian Fintech Kuda Wants To Make Remittance From UK To Africa Cheaper

As remittances to Africa increase, several firms are finding ways to make it easier, cheaper and more convenient to send…

2 weeks ago

Sky.Garden will not fold up, it has found a new buyer

In September, news of the impending extinction of popular e-commerce website Sky.Garden caught the tech industry by surprise. When we…

2 weeks ago

Egyptian B2B marketplace SPEED acquired by UAE-based firm X-ERA

UAE-based logistics services provider X-ERA has acquired Egypt’s B2B marketplace SPEED, as part of its international expansion strategy. SPEED connects suppliers…

2 weeks ago

Kenya’s GrowAgric and Aquarech among startups selected for Katapult Africa Accelerator Programme

Kenyan GrowAgric and Aquarech are among nine startups from across the continent that have been selected for the Katapult Africa…

3 weeks ago

Kenyan fintech Hisa among 9 African startups selected for the second batch of €7.5 million Startup Wise Guys fund

Kenyan fintech Hisa is among the nine African startups selected for the €7.5 million Startup Wise Guys fund. Selected…

3 weeks ago

Sendy raises an undisclosed amount of funding from Japanese VC MOL PLUS

Kenyan Fulfillment and Logistics startup Sendy has announced that it has received funding from MOL PLUS the Corporate Venture Capital…

3 weeks ago

Algeria’s Yassir has raised $150 million in series B funding

Yassir, an Algerian supper platform that offers ride-hailing, food and grocery delivery as well as financial services on a single…

3 weeks ago

Quona Capital to invest $332M in fintech startups from emerging markets focusing on financial inclusion

Emerging markets venture capital firm Quona Capital today announced the final close of $332 million for its Fund III, significantly exceeding…

3 weeks ago

Nigeria’s Payhippo acquires Maritime Microfinance Bank to expand its customer offerings

Payhippo, a fintech that offers credit facilities to SMEs in Nigeria has acquired Maritime Microfinance Bank (MFB). MFB is a…

4 weeks ago

MEST Africa Challenge 2022 top 5 finalists announced

MEST Africa has announced the five African tech startups that have made it to the grand finale of the 2022…

4 weeks ago

500 Global Launches its Pan-African Accelerator Manager Bootcamp in Kenya

500 Global, a leading venture capital firm is launching its inaugural Bootcamp for Accelerator Managers (BAM) program in Kenya. The…

October 24, 2022

Flourish Ventures launches Madica, an Africa-focused program to invest in pre-seed stage startups

Flourish Ventures, a global fintech venture capital firm has launched Madica, an investment program for pre-seed stage technology startups in…

October 20, 2022

AI Content Creation Tool Jasper Has Raised $125M in a Series-A funding

Jasper, a fast-growing AI creation tool based in Austin, Texas has raised $125 million in series-A funding round, making it…

October 20, 2022

15 Fintech startups selected for CATAPULT: Inclusion Africa 2022 program announced

LHoFT has announced the 15 fintech startups that have been selected to participate in the fifth edition of the CATAPULT: Inclusion…

October 20, 2022

President Buhari signs Nigeria Startup Bill into law

As technology-led innovations take centre stage in Africa, countries are putting in place policies to support innovation and accelerate the…

October 20, 2022

Alibaba Kicks Off One-Month Netpreneur Training Program for Africa

Alibaba Global Initiatives (AGI), a professional training arm under Chinese tech giant Alibaba, has enrolled the second class of more…

October 20, 2022

Electric Vehicle Manufacturer Roam has launched its first mass transit bus in Nairobi

Kenyan-Swedish electric vehicle manufacturer Roam has launched the first mass transit electric bus to ply various routes in Nairobi. The…

October 19, 2022

Auto Financing startup Moove raises £15 million financing to scale UK operations

Moove, a mobility fintech startup providing auto financing for gig economy drivers has raised £15 million in financing to scale…

October 19, 2022

Nigerian data and intelligence firm Stears has raised $3.3 Million for expansion to East Africa

Nigerian data firm Stears has raised $3.3 million in a seed round in which Serena William’s VC firm Serena Ventures…

October 18, 2022

Wasoko dismisses reports that it has shut down its operations in Kenya

Kenyan-based B2B e-commerce startup Wasoko has dismissed reports that it has shut down its operations in the country. On Monday,…

October 14, 2022

Kenya’s home furniture startup MoKo has raised $6M to accelerate growth

MoKo has been around since 2014, a period in which the company has undergone a considerable metamorphosis. It was first…

October 14, 2022

EzyAgric and Pezesha launch Buy Now Pay Later services for Ugandan agro-dealers

Kenyan fintech Pezesha has partnered with EzyAgric to launch a buy-now-pay-later (BNPL) scheme for agro-dealers all over Uganda. EzyAgric has…

October 13, 2022

African tech startups have so far raised $2.7bn in funding this year, report

A report by pan-African tech publication Disrupt Africa has revealed that African tech startups raised $2.7bn in funding in the…

October 13, 2022

Nigeria’s heath-tech startup Lifestores Healthcare has raised $3M

Nigerian health-tech startup Lifestores Healthcare has raised $3M for expansion across the country in a pre-Series A funding round. The…

October 13, 2022

Kenyans in the diaspora can now pay bills on M-PESA via NALA Money

Tanzanian fintech startup NALA which was launched in 2018 to enable Africans in the diaspora easily send money home has…

October 7, 2022

Logistics startup Sendy cuts down on its Supply Service

Kenyan logistics startup Sendy has restructured its operations, effectively winding down its Supply service. The startup says it will now…

October 6, 2022

All products purchased via Lipa Later will now be insured by insurtech firm Lami Technologies

Buy now, pay later (BNPL) company Lipa Later Group has partnered with Lami Technologies to offer its consumers affordable credit insurance…

October 5, 2022

HAVAÍC completes its third investment in Kenyan FinTech Tanda

Cape Town-headquartered venture capital (VC) firm HAVAÍC has completed its third investment in Kenyan FinTech Tanda. The investment from the…

October 5, 2022

Kenyan startup Kyosk Digital has launched in Uganda

Kyosk Digital Services aims to address some of the challenges that vendors of fast-moving consumer goods (FMCGs) go through in…

October 4, 2022

KCB Partners With EV Maker BasiGo Kenya to Finance Electric PSV Buses

The Kenya Commercial Bank (KCB) and electric vehicles manufacturer BasiGo Ltd on Tuesday announced a partnership that will enable investors…

October 3, 2022

Ugandan Digital Lender Numida Has Raised $12.3 Million in Pre-Series A Round

Ugandan fintech startup Numida has been in operation since 2017. The company has found its footing, offering customers loans ranging…

September 30, 2022

Popular E-commerce Startup Sky.Garden Faces Closure After Failing To Raise Funding

Word in the streets has it that one of Kenya’s most popular e-commerce marketplace Sky.Garden may be closing down after…

September 29, 2022

Nigeria’s restaurant management startup Vendease has raised $30 million to scale its food supply business

Nigerian startup Vendease which makes it easy for restaurants to access food supplies has raised $30 million in Series-A funding.…

September 28, 2022

Ghana’s Agritech Startup Farmerline has Raised $1.5 Million in Series A Funding

After netting $13 million in April this year, Ghanaian agritech startup Farmerline has raised another $1.5 million in pre-series A…

September 28, 2022

Kenya’s Zuri Health and Damu Sasa to benefit from $7M fund from Bill Gates Foundation

Thirty companies from 14 African countries will benefit from a $7 million fund fronted by pan-African support organization Investing in…

September 21, 2022

Michael Joseph appointed board chair of insurtech startup Pula

Former Safaricom CEO Michael Joseph has been appointed as board chair of Kenya agricultural insurtech startup Pula. The startup was…

September 20, 2022

Nigeria’s health-tech startup Remedial Health raises $4.4 million in seed funding

Remedial Health, a Nigerian healthtech startup has raised $4.4 million in seed funding to accelerate its expansion across the country.…

September 16, 2022

Healthtech Startup mPharma Acquires Majority Stake in Nigeria’s HealthPlus

Ghanaian technology-driven health startup mPharma has acquired the majority stake in HealthPlus, the leading pharmacy chain in Nigeria. mPharma Chief…

September 16, 2022

Brazilian fintech unicorn EBANX sets shop in Africa

Brazilian fintech unicorn EBANX is set to launch its operations in Africa as it seeks to expand its business outside…

September 15, 2022

Kenyan insurtech startup Turaco raises $10M Series A funding

Kenyan insurtech firm Turaco has closed a $10 million Series A equity round led by AfricInvest, via the Cathay Africinvest…

September 14, 2022

Nigerian fintech Kippa has raised $8.4 million seed round

Nigerian fintech startup Kippa has raised $8.4 million in an oversubscribed seed round. This round of funding was led by…

September 14, 2022

Hack The Mara hackathon finalists announced

In June this year, Pan-African technology company the Mara Group invited applicants to the “Hack the Mara” hackathon, a competition…

September 13, 2022

African startups raised $5 billion last year, just a tip of the global average

Across the African continent, 2021 was a good year for startups as funding hit a record high at about $5…

September 12, 2022

Kenya’s HotelOnline has acquired hospitality software provider HotelPlus

Kenyan-based technology travel company HotelOnline has acquired HotelPlus, a software provider specializing in the hospitality industry whose customers are spread…

September 12, 2022

Nigeria’s blockchain startup Bitmama has raised $2 million to scale across Africa

Bitmama is a Nigerian blockchain company that aims to democratize the payment system across the continent. The startup has remote…

September 8, 2022

Nigerian fintech startup NowNow raises $13 million for expansion across Africa

Nigerian fintech startup NowNow Digital Systems has raised $13M seed round for expansion across Africa. The company was founded in…

September 8, 2022

Three Kenyan founders selected for the Future is Female Mentorship Program

The Future is Female Mentorship Program is a PR and communications mentorship program dedicated exclusively to African female tech founders.…

September 8, 2022

Digital banking app for African immigrants Waya officially launched

Waya, a digital banking app that seeks to make it easier for African immigrants to send money back home is…

September 7, 2022

12 Kenyan Startups Selected for the 2022 Google Black Founders Fund

Tech giant Google has announced 60 qualifiers for the Google for Startups Black Founders Fund (BFF) for African startups. The…

August 31, 2022

Nigeria’s BoomKit Has Built a Platform to Manage African Artists

African artists face the challenge of a fragmented market that is sometimes seen as the biggest impediment to success. Without…

August 30, 2022

Kenyan Court Freezes Another Sh400.6 Million Belonging to Flutterwave

Nigerian fintech Flutterwave is once again in the Kenyan courts for the wrong reasons. Early Tuesday, the High Court of…

August 30, 2022

Kenyan B2B E-commerce Startup Wasoko Opens an Innovation Hub in Zanzibar

Innovation plays an ever-increasing role in growing Africa’s emerging technology ecosystem. In fact, A study by Briter Bridges and AfriLabs…

August 30, 2022

Kenya’s Fintech Pezesha Has Raised $11 Million to Expand Across Africa

Pezesha, a Kenyan fintech that has built a platform where small and medium enterprises can access funding has raised $11…

August 29, 2022

Nigerian fintech Grey raises $2M to simplify cross-border payments across Africa

Grey, a fintech started by two Nigerians to simplify sending and receiving foreign payments for Africans, has raised $2 million…

August 29, 2022

Kenyan startups raised $820 million in VC funding in the first half of 2022

Kenya has secured an enviable position among the most competitive innovation and investment destinations in Africa. The country’s attractiveness has…

August 26, 2022

STIMA brings electric motorcycles to Kenya in new partnership with India’s OneElectric

STIMA, a battery swapping technology company has partnered OneElectric, an Indian manufacturer of electric motorcycles to supply more than 3,000…

August 26, 2022

Twitter is integrating podcasts to its platform

Twitter announced on Tuesday that it integrating podcasts into its platform as a part of its newly redesigned Spaces Tab.…

August 25, 2022

Nigeria’s B2B e-commerce startup Omnibiz has raised $15 million to accelerate expansion

There is a growing number of startups across Africa that are helping to connect manufacturers with wholesalers and retailers. Nigeria’s…

August 25, 2022

Ecobank Opens Applications for its 2022 Fintech Challenge for African Startups

Ecobank Group has launched the fifth edition of the Ecobank Fintech Challenge targeting African fintech startups. Selected startups stand a…

August 24, 2022

Kenya’s AfyaRekod Partners with Medi-Science to Decentralize Access to Patient Data

Medi-Science International and Kenya’s healthcare startup AfyaRekod have announced a partnership aimed at transforming healthcare delivery through improved access to…

August 24, 2022

Flutterwave’s New Chief People and Culture Officer Mansi Babyloni Empowers Young Africans with Tech Skills

Nigerian fintech company, Flutterwave, has appointed Mansi Babyloni as the new Chief People and Culture Officer. This was contained in…

August 24, 2022

Mozilla is awarding five Kenyan projects developing Kiswahili voice-enabled applications $50K grant each

Mozilla has announced a collaboration that will see eight companies developing Kiswahili voice technologies receive $50,000 grant each to advance…

August 19, 2022

Koolboks Closes $2.5M Seed Round to Scale Solar Refrigeration Across Africa

Koolboks, the sustainable cooling company providing accessible cold storage solutions to businesses across Africa, has closed a $2.5M Seed funding…

August 19, 2022

Kenyan agtech IProcure secures $10.2M to expand into Uganda and Tanzania.

Kenyan tech and data-driven agricultural inputs supply startup iProcure has raised a $10.2 million Series B funding round to support…

August 17, 2022

Kenya’s Lori Systems has raised an undisclosed amount of funding from Google

Kenya e-logistics company Lori Systems which operates across East Africa has raised an undisclosed amount of Round B funding from…

August 17, 2022

Bolt to only be available to corporate clients in Tanzania

Popular ride-hailing company Bolt has switched to corporate clients only in Tanzania. This, the firm says is due to the…

August 16, 2022

Kenya’s Blockchain Startup Crypsense Digital Joins Draper VeChain Web 3 Accelerator Program

Kenyan crypto startup Crypsense Digital Group has been selected to join the 12-week Draper VeChain Web 3 Accelerator Program. The…

August 16, 2022

Roam has inked a deal with M-Kopa to have its electric motorcycles available on credit

Kenyan electric vehicles manufacturer startup Roam has entered into a partnership with fintech firm M-Kopa which will see its motorcycles…

August 14, 2022

Applications for the 5th edition of Catapult: Inclusion Africa Programme open

The LHoFT Foundation has opened applications for the 5th edition of the CATAPULT: Inclusion Africa which will be delivered in Luxembourg.…

August 11, 2022

This Nigerian health-tech startup is giving maternal healthcare in Africa a new face

The subject of maternal healthcare has been at the centre of global conversations at every turn. Several approaches offering a…

August 11, 2022

Nigerian Startup Klasha Appoints Ayman Jawhar as New Chief Product Officer

Lagos and San Francisco-based Klasha has appointed Ayman Jawhar as its new Chief Product Officer. Ayman will be based in the United…

August 8, 2022

VC Firm HAVAÍC announces $500K investment in FinAccess to grow across Africa

Cape Town-headquartered venture capital (VC) firm HAVAÍC has announced a $500,000 investment in FinAccess. The investment has been allocated from…

August 8, 2022

CBK grants Virtual Pay International a PSP License to operate in Kenya

The Central Bank of Kenya (CBK) has granted Virtual Pay International Limited a license to operate as a Payment Service…

August 5, 2022

Kenyan Mobile commerce startup Copia Unveils Manufacturing Unit for Sugar and Rice Production

Copia Global, a Kenyan-based mobile commerce platform has unveiled a new manufacturing unit to enhance its output of affordable sugar…

August 4, 2022

20 startups from the Middle East and Africa announced winners of Migration Enterpreneurship Prize 2022

The Migration Entrepreneurship Prize 2022 has announced the 20 startups from the Middle East and Africa selected for its second cohort.…

August 3, 2022

American fintech UMBA acquires majority stake in Kenya’s Daraja Microfinance

UMBA, a U.S-based fintech whose investments spread to emerging markets has acquired a majority stake in Daraja, a Kenyan deposit-taking…

August 2, 2022

Kenyan HR startup FaidiHR raises undisclosed amount of funding from SprintX

Kenyan startup Crew HR & Payroll has rebranded to FaidiHR after it received an undisclosed amount of funding from SprintX,…

August 2, 2022

Kenyan insurtech Lami Technologies raises $3.7M to expand across Africa

Kenya-based insurtech startup Lami Technologies has raised a US$ 3.7m seed extension to expand its insurtech product across Africa. The…

July 29, 2022

Flutterwave responds to accusations of operating without a license in Kenya

After reports emerged that Nigerian fintech startup Flutterwave was operating without a license in Kenya, the company has sent out…

July 27, 2022

Nigeria’s Kwik has launched a free eCommerce storefront for African merchants

Nigeria’s digital commerce enabler Kwik has introduced KwikStore, a storefront that enables merchants across Africa to build and run a…

July 27, 2022

Egyptian fashion e-commerce startup The Fashion Kingdom has raised $2.6 Million in seed funding

Egyptian Fashion and accessories startup The Fashion Kingdom (TFK) has raised $2.6 in seed funding round. The company was founded…

July 26, 2022

Nigeria’s mobility startup Moove has expanded to India

Nigeria is home to some of the most innovative startups and many of them are disrupting their respective industries in…

July 26, 2022

Africa Tech Challenge by AVIC International is back after a long break

Chinese construction company AVIC International has announced the return of the Africa Tech Challenge after a two-year hiatus prompted by…

July 26, 2022

Seedstars announces $30 million fund to invest in 100 startups in emerging markets

Seedstars has announced plans to invest in 100 more startups through its second emerging market seed-stage fund, called Seedstars International…

July 20, 2022

AfricInvest and Cathay Innovation Complete Final Close of €110M Pan-African Venture Fund

Africa’s multi-asset investment platform AfricInvest and global venture capital firm Cathay Innovation, have completed the final close of their joint Pan-African…

July 19, 2022

Kenyan Startup Flare Among Winners Of The Inaugural Kofi Anan Innovation Prize

Three startups from Kenya, Nigeria and Zimbabwe have been named winners of the inaugural Kofi Annan Award for Innovation in…

July 18, 2022

Kenya’s AfyaRekod Launches Blockchain Platform To Track Patients History

Kenya-based health tech startup AfyaRekod has built a blockchain-based platform that makes it easy for medical professionals to retrieve the…

July 18, 2022

Nigerian fintech startup founders jailed in the United States for money laundering

Nigerian-born, US-based founders of a money-remittance fintech Ping Express have been handed a 27-month sentence in the United States after…

July 13, 2022

Nigeria’s bicycle delivery startup Errand360 partners with Jumia for deliveries

Across Africa, a multitude of ideas are mushrooming every day, aiming to address the continent’s most pressing needs. Under the…

July 13, 2022

Celo Announces New Web3 Fund for African Startups Adopting Crypto Strategies

Celo has launched a new programme to support African startups across payments, remittances, virtual assets, savings, and related financial services.…

July 11, 2022

Mdundo signs music distribution partnership with Universal Music Group

Kenyan-based music streaming platform Mdundo has been making incredible moves that have contributed to its rapid growth. As we reported…

July 7, 2022

Kenyan logistics startup Duhqa has raised $2m seed funding for regional expansion

Kenyan B2B logistics startup Duhqa has raised $2 million in seed funding to accelerate its expansion plan. Duhqa was founded…

Want to be featured in our African startups section? Drop us an email info@techtrendske.co.ke

Jubilee Holdings acquires 10% additional stake in SEACOM

Tecno is launching a mobile wallet to rival M-Pesa and Airtel Money

This New Huawei Smartphone Battery Charges 10 Times Faster

Eclectics Groups urges organizations to adopt new CRM technologies.

24Bit Episode 9: A discussion On Data Bundles

List of Manufacturers To Ship Android 10 To Their Devices This Year