Startups
News updates on startups in Africa. Send tips to info@techtrendske.co.ke.
African Market Intelligence Startup Rwazi Raises $4 Million Seed Funding
1 day ago
African Market Intelligence Startup Rwazi Raises $4 Million Seed Funding
African market intelligence startup Rwazi has raised a $4 million seed funding round that was led by Bonfire Ventures and…
Kenyan e-commerce startup Zumi is shutting down
3 days ago
Kenyan e-commerce startup Zumi is shutting down
Zumi, a Kenyan B2B e-commerce marketplace connecting retailers of non-food products to suppliers is reportedly closing shop after failing to…
Dream VC Opens Applications for its 2023 Talent Accelerator Program in Africa
4 days ago
Dream VC Opens Applications for its 2023 Talent Accelerator Program in Africa
Dream VC, a Remote Venture Capital Upskilling Institute, has opened applications for its 2023 Accelerator Program for VCs in Africa. …
Kenyan insurtech startup Turaco and Airtel Money launch low-cost hospital cash insurance product
4 days ago
Kenyan insurtech startup Turaco and Airtel Money launch low-cost hospital cash insurance product
Turaco, the Kenyan insurtech startup has partnered with Airtel Mobile and Prudential Assurance to launch a low-cost hospital cash insurance…
Factor[e] Ventures launches new venture studio for African startups
4 days ago
Factor[e] Ventures launches new venture studio for African startups
Factor[e] Ventures has launched a new venture studio targeting tech startups in Africa. Known as Delta40, the studio aims to…
Kenyan startup ecosystem has a significant competitive edge globally, report
4 days ago
Kenyan startup ecosystem has a significant competitive edge globally, report
A comprehensive, in-depth report funded by the UK government has given Kenya’s startup ecosystem a thumbs up, noting that it…
Flutterwave Secures Two Additional Licenses to Operate in Rwanda
5 days ago
Flutterwave Secures Two Additional Licenses to Operate in Rwanda
Nigerian remittance company Flutterwave has announced that it has received its Electronic Money Issuer and Remittance Licenses from the National…
[Nigeria] Fintech startup OnePipe raises $4.8m to reach more SMEs
6 days ago
[Nigeria] Fintech startup OnePipe raises $4.8m to reach more SMEs
Nigerian fintech startup, OnePipe, has secured $4.8 million in debt funding from TLG Capital to drive the company’s inventory finance…
Microsoft ADC launches Season 4 of university students’ coding competition
6 days ago
Microsoft ADC launches Season 4 of university students’ coding competition
University students from across Kenya and some parts of Africa can now apply to participate in season 4 of the…
ARM Labs Lagos Techstars Accelerator Concludes Inaugural Program with Demo Day
1 week ago
ARM Labs Lagos Techstars Accelerator Concludes Inaugural Program with Demo Day
Techstars, in partnership with Lagos-based innovation program ARM Labs, marked the completion of its inaugural ARM Labs Lagos Techstars Accelerator…
[Nigeria] Government launches a $672 million fund to support tech startups
1 week ago
[Nigeria] Government launches a $672 million fund to support tech startups
Nigeria has set aside a $672 million fund to support young investors in the tech and creative industries, The introduction…
African fintech Chipper Cash reportedly searching for a buyer
1 week ago
African fintech Chipper Cash reportedly searching for a buyer
Nigerian remittance company Chipper Cash is reportedly considering a sale, according to a report by Bloomberg. The company, which is…
Startups Invited to Apply for iHub and Mastercard EdTech Accelerator Program
2 weeks ago
Startups Invited to Apply for iHub and Mastercard EdTech Accelerator Program
iHub Kenya has announced a partnership with Mastercard Foundation, aimed at empowering Edtech startups in Africa through an Accelerator Program.…
13th edition of Orange Social Venture Prize in Africa launched
2 weeks ago
13th edition of Orange Social Venture Prize in Africa launched
Orange has opened applications for the 13th edition of its Social Venture Prize in Africa and the Middle East (POESAM).…
Google opens applications for 3rd cohort of Black Founders Fund 2023 for Africa
2 weeks ago
Google opens applications for 3rd cohort of Black Founders Fund 2023 for Africa
Google has opened applications for this year’s Black Founders Fund for Startups in Africa and Europe. Startups from Africa applying…
Andela acquires technical skills assessment platform Qualified for an undisclosed sum
2 weeks ago
Andela acquires technical skills assessment platform Qualified for an undisclosed sum
Andela, the Tech talent company has announced that it has acquired Qualified, a technical skills assessment platform for an undisclosed…
Kenya’s Elizabeth Mwangi wins the $30k Aurora Tech Award 2023 for her ‘Mama Fua’ app
2 weeks ago
Kenya’s Elizabeth Mwangi wins the $30k Aurora Tech Award 2023 for her ‘Mama Fua’ app
Elizabeth Mwangi, the founder of Gwiji, the Kenyan startup that economically empowers women from the slums of Nairobi is the…
Flutterwave reportedly lost $4 million to hackers in early February
3 weeks ago
Flutterwave reportedly lost $4 million to hackers in early February
Nigerian fintech Flutterwave has reportedly lost $4 million to hackers who penetrated the company’s systems in early February. The money…
Empowering African SMEs: Cladfy’s innovative approach to accessing capital
3 weeks ago
Empowering African SMEs: Cladfy’s innovative approach to accessing capital
Sub-Saharan Africa is currently home to 44 million micro, small, and medium-sized enterprises (SMEs). All of which serve as a…
Kenya’s alphabloQ is helping more Africans secure their future through real estate investments
4 weeks ago
Kenya’s alphabloQ is helping more Africans secure their future through real estate investments
Following the impact of the Covid-19 pandemic, economic uncertainty heightened when global stocks and bonds lost more than $30 trillion…
[South Africa] HealthTech startup Envisionit raises $1.65M to expand medical its imaging services
4 weeks ago
[South Africa] HealthTech startup Envisionit raises $1.65M to expand medical its imaging services
Envisionit Deep AI, a South African health-tech startup that uses AI to bridge the gap in diagnostic imaging, has raised $1.65m…
Electric vehicle Roam partners with Europe’s Hitachi for transport electrification
4 weeks ago
Electric vehicle Roam partners with Europe’s Hitachi for transport electrification
Kenyan-based electric vehicle manufacturer Roam has signed a partnership with Hitachi Europe Ltd to make electric transport accessible in Africa.…
SA car-ownership financing startup Planet42 raises $100 million to scale its business
February 23, 2023
SA car-ownership financing startup Planet42 raises $100 million to scale its business
South African Car Subscription Startup Planet42 has raised $100 million in combined equity and debt funding. Launched in 2017, Planet42…
Kenyan HR payroll startup WorkPay raises $2.7M funding to scale across Africa
February 22, 2023
Kenyan HR payroll startup WorkPay raises $2.7M funding to scale across Africa
WorkPay, a Kenyan HR management startup launched in 2019 has raised $2.7M to scale its operations across Africa. The full-stack…
AfricaGoGreen Fund closes $47 million to support tech-focused green projects in Africa
February 22, 2023
AfricaGoGreen Fund closes $47 million to support tech-focused green projects in Africa
The AfricaGoGreen Fund (AGGF) has raised $47 million in combined investments from top financial organizations, including the International Finance Corporation…
Kenyan construction tech startup Jumba has raised $4.5M seed funding
February 21, 2023
Kenyan construction tech startup Jumba has raised $4.5M seed funding
Jumba, Kenya’s construction startup has raised $4.5M in a seed funding round. The startup facilitates retailers of construction materials to…
CcHUB to launch $15 million accelerator for the ed-tech startups in Kenya and Nigeria
February 20, 2023
CcHUB to launch $15 million accelerator for the ed-tech startups in Kenya and Nigeria
Co-Creation Hub (CcHUB), touted as Africa’s largest innovation and incubation hub, has announced it is launching a $15 million accelerator…
Chipper Cash reportedly lays off more than 100 employees
February 18, 2023
Chipper Cash reportedly lays off more than 100 employees
After laying off 13% of its workforce in December last year, cross-border payments startup Chipper Cash is reportedly sending more…
South Africa’s AI-based insurtech startup Naked raises $17 million Series B round
February 16, 2023
South Africa’s AI-based insurtech startup Naked raises $17 million Series B round
There have been significant efforts to increase insurance uptake across Africa, where reports show a very low market penetration for…
Kenyan fintech Power raises $3 million in seed funding
February 15, 2023
Kenyan fintech Power raises $3 million in seed funding
Power Financial Wellness, a Kenyan fintech startup that seeks to advance the financial well-being of its customers has secured a…
Nigerian mobility startup Treepz launches its operations in Kenya
February 15, 2023
Nigerian mobility startup Treepz launches its operations in Kenya
Treepz, a Nigerian-based mobility startup that offers diverse car-renting options for its customers has announced its entry into the Kenyan…
Kenya’s BuuPass raises $1.3m to digitise transport ticketing in East Africa
February 13, 2023
Kenya’s BuuPass raises $1.3m to digitise transport ticketing in East Africa
BuuPass, a digital bus ticketing company founded in 2016, has raised $1.3m in pre-seed round to expand its transport solutions…
Flutterwave obtains license to operate in Egypt
February 13, 2023
Flutterwave obtains license to operate in Egypt
Flutterwave, the Nigerian fintech company has obtained licenses to operate in Egypt as a payment service provider. This allows the…
Saudi Arabia-based HR tech platform, Palm.hr raises $5 million to expand across MENA
February 13, 2023
Saudi Arabia-based HR tech platform, Palm.hr raises $5 million to expand across MENA
Palm.hr, a Saudi Arabian HR firm that automates payroll, tracks leaves and absences and monitors employee performance has secured $5…
Egyptian fintech MNT-Halan is Africa’s newest Unicorn after raising $400M
February 9, 2023
Egyptian fintech MNT-Halan is Africa’s newest Unicorn after raising $400M
Egyptian fintech startup MNT-Halan has become Africa’s newest unicorn after raising $400 million in debt and equity funding, raising its…
Tech Nation, a UK-Based non-profit tech talent acquisition firm is shutting down
February 9, 2023
Tech Nation, a UK-Based non-profit tech talent acquisition firm is shutting down
For slightly over one decade, Tech Nation, a non-profit UK-based organization has been providing assistance to global tech talent, outsourcing…
India’s Food supply chain startup WayCool Foods is expanding its tech arm CENSA to Africa
February 8, 2023
India’s Food supply chain startup WayCool Foods is expanding its tech arm CENSA to Africa
WayCool Foods, India’s leading food and agri-tech platform is expanding its tech arm CENSA into the African market. The strategic…
Africa’s mobility startup eWaka has secured a $540k loan from SECO
February 8, 2023
Africa’s mobility startup eWaka has secured a $540k loan from SECO
Kenyan mobility solutions provider eWaka has secured a $540,000 loan from the State Secretariat for Economic Affairs (SECO) of the…
Nigerian fintech startup Trade Lenda has raised $520k in pre-seed round
February 7, 2023
Nigerian fintech startup Trade Lenda has raised $520k in pre-seed round
Trade Lenda, a Nigerian fintech startup that helps micro, small, and informal retailers with access to financing for their business…
South African grocery delivery startup Yebo Fresh raises 4.5 million in pre-Series A
February 6, 2023
South African grocery delivery startup Yebo Fresh raises 4.5 million in pre-Series A
Yebo Fresh, a South African grocery delivery startup has raised $4.5m in a pre-series A equity funding round. The pre-series…
[Kenya] Government drops fraud charges against Nigerian fintech Flutterwave
February 5, 2023
[Kenya] Government drops fraud charges against Nigerian fintech Flutterwave
The Kenyan government has dropped charges of financial impropriety against Flutterwave Inc. This is according to a new report by…
South African digital lender Lulalend has bagged $35M Series B funding
February 3, 2023
South African digital lender Lulalend has bagged $35M Series B funding
Lulalend, a South African digital lender offering funding options for businesses has raised $35M in Series B funding. The round…
Two Kenyan startups among 12 selected for ARM Labs Techstars Accelerator
February 2, 2023
Two Kenyan startups among 12 selected for ARM Labs Techstars Accelerator
Two Kenyan startups, Cladfy and alphabloQ have been selected to join the inaugural class of ARM Labs Techstars Accelerator, a…
Women founders in Africa invited to apply for Google’s new accelerator program
February 1, 2023
Women founders in Africa invited to apply for Google’s new accelerator program
Google on Tuesday announced a women accelerator program aimed at providing resources and opportunities for women founders in Africa. The…
SWVL cancels its $40 million acquisition deal of Turkey’s Volt Lines
January 31, 2023
SWVL cancels its $40 million acquisition deal of Turkey’s Volt Lines
Egyptian transport company SWVL has had a mix of good and bad fortunes in different markets. It has attempted to…
[Interview] Sendy’s Don Okoth on shaping the future of logistics and fulfillment in Africa
January 30, 2023
[Interview] Sendy’s Don Okoth on shaping the future of logistics and fulfillment in Africa
The logistics and fulfillment sector in Africa continues to thrive, driven by innovative technology that boosts efficiency and propels business…
Kenya’s Zuri Health raises an undisclosed amount of funding from Moroccan VC UM6P Ventures
January 27, 2023
Kenya’s Zuri Health raises an undisclosed amount of funding from Moroccan VC UM6P Ventures
Zuri Health has raised an undisclosed amount of funding from Moroccan VC UM6P Ventures. The funds will be used to…
Kenyan startup iGas wants to revolutionalize the LPG industry through digitization
January 25, 2023
Kenyan startup iGas wants to revolutionalize the LPG industry through digitization
iGas, a Kenyan startup that was founded in 2021 is on a mission to turn around the LPG industry which…
BasiGo and AVA to assemble 1,000 electric buses in Kenya
January 24, 2023
BasiGo and AVA to assemble 1,000 electric buses in Kenya
BasiGo, the Kenyan-based electric manufacturer has partnered with the Associated Vehicle Assemblers Ltd (AVA) to assemble its buses in the…
Nigeria’s Commodities Exchange Firm AFEX Expands to Uganda
January 23, 2023
Nigeria’s Commodities Exchange Firm AFEX Expands to Uganda
After expanding its commodities exchange business in Kenya in June last year, Nigeria’s AFEX is now expanding to Uganda. Similar…
11 Startups Selected to Join Cohort 3 of ASIP Accelerator Program
January 23, 2023
11 Startups Selected to Join Cohort 3 of ASIP Accelerator Program
Eleven African startups have been selected to join the third cohort of the Africa Startup Initiative Program (ASIP). The accelerator…
South African Cleaning Tech Startup SweepSouth Exits Kenya
January 23, 2023
South African Cleaning Tech Startup SweepSouth Exits Kenya
SweepSouth, a South African cleaning startup that recorded quick growth through several funding rounds has informed its customers that it’s…
South Africa’s digital enabler Flow has raised $4.5 million to facilitate strategy growth
January 23, 2023
South Africa’s digital enabler Flow has raised $4.5 million to facilitate strategy growth
Flow, a South African company that helps businesses to gain online presence and leverage on digitization has raised $4.5 million…
South Africa’s gaming firm Carry1st raises $27M
January 19, 2023
South Africa’s gaming firm Carry1st raises $27M
The gaming market in Africa continues to grow as more creators, gamers and other stakeholders make significant investments in the…
New social-media platform African Stream seeks to change how African Stories are told
January 18, 2023
New social-media platform African Stream seeks to change how African Stories are told
African Stream, a newly created social-media platform with its headquarters in Nairobi, Kenya brands itself as a tool that seeks…
Two Kenyan firms among 10 African startups selected for $2m Catalyst Fund
January 17, 2023
Two Kenyan firms among 10 African startups selected for $2m Catalyst Fund
Pre-seed venture capital (VC) fund and accelerator Catalyst Fund has announced a US$2 million investment into 10 startups building solutions…
Kenya Fintech startup Kwara Raises $3M Seed Extension
January 16, 2023
Kenya Fintech startup Kwara Raises $3M Seed Extension
Kenyan fintech startup Kwara has raised a $3 million seed extension. The new investment was led by existing backers DOB Equity,…
Bolt is Pioneering Ride-Now Pay-Later Services in Nigeria
January 13, 2023
Bolt is Pioneering Ride-Now Pay-Later Services in Nigeria
Ride-hailing company Bolt has partnered with Nigerian fintech CredPal to introduce ride-now pay-later services to its customers. CredPal is a…
Kenyan fintech Kwara acquires software company IRNET from KUSCCO for an undisclosed sum
January 12, 2023
Kenyan fintech Kwara acquires software company IRNET from KUSCCO for an undisclosed sum
Kenyan fintech firm Kwara has acquired IRNET, a software company which is a subsidiary of the Kenya Union of Savings…
Women-led startups in Africa raised $203.2M in 2022
January 11, 2023
Women-led startups in Africa raised $203.2M in 2022
There has been a significant focus on funding for African-led startups across the globe. Across the continent, several venture capital…
[Ghana] Logistics startup Jetstream raises $13m for expansion
January 10, 2023
[Ghana] Logistics startup Jetstream raises $13m for expansion
Ghanaian e-logistics company Jetstream Africa has announced it raised $13 million in equity and debt pre-Series A financing. The debt…
Fintech is the most vibrant sector in the Kenyan startup landscape, report
January 10, 2023
Fintech is the most vibrant sector in the Kenyan startup landscape, report
A report released by pan-African publication and research firm Disrupt Africa has pointed out fintech as the most vibrant subsector…
Burning Heroes opens applications for its African Edition of Startup Awards
January 5, 2023
Burning Heroes opens applications for its African Edition of Startup Awards
Burning Heroes (BH) Founders Association has announced the launch of its Africa Edition of startup awards. BH says the contest…
Zuri Health’s new Continuous Care Program to offer support to persons with Chronic illnesses
December 22, 2022
Zuri Health’s new Continuous Care Program to offer support to persons with Chronic illnesses
Health-tech startup Zuri Health has launched its Continuous Care Program to offer support to persons with Chronic illnesses. The program…
Kenya’s Clean Energy Startup Mukuru Clean Stoves awarded $1.2 million Earthshot prize for 2022
December 21, 2022
Kenya’s Clean Energy Startup Mukuru Clean Stoves awarded $1.2 million Earthshot prize for 2022
Mukuru Clean Stoves, a clean energy startup providing alternative energy sources to low-income earners in Kenya’s informal settlements has been…
Tanzania’s fintech NALA has expanded to 19 European countries
December 21, 2022
Tanzania’s fintech NALA has expanded to 19 European countries
NALA, a Tanzanian fintech startup known for its remittance services to Africa has expanded to 19 more European countries. The…
Solar energy provider Sun King Raises $70M investment to expand throughout Africa and Asia
December 20, 2022
Solar energy provider Sun King Raises $70M investment to expand throughout Africa and Asia
Pan-African producer of solar energy Sun King has raised $70 million equity investment from LeapFrog Investments and other investors. Sun…
Wara Farm wins Moringa School’s Tech for Climate Action Hackathon
December 20, 2022
Wara Farm wins Moringa School’s Tech for Climate Action Hackathon
Wara Farm has been named the winner of the Technology for Climate Hackathon by Jacob’s Ladder Africa and Moringa School.…
VC fund Ventures Platform closes its pan-African and early-stage fund at $46M
December 15, 2022
VC fund Ventures Platform closes its pan-African and early-stage fund at $46M
Ventures Platform, a pan-African early-stage Venture Capital firm has today announced the final close of its intercontinental fund, at $46M. …
Nigeria’s online furniture store Taeillo raises $2.5 million for expansion
December 14, 2022
Nigeria’s online furniture store Taeillo raises $2.5 million for expansion
Nigerian online store Taeillo has announced a $2.5 million funding round from Aruwa Capital, a growth equity and early-stage investor.…
Africa’s Mobility Financing Startup Moove Raises $30 Million
December 14, 2022
Africa’s Mobility Financing Startup Moove Raises $30 Million
African mobility fintech startup Moove has raised $30 million just a few months after raising $18.4 million to scale its…
Kenyan Edtech company Zeraki Raises $1.8 Million in Seed Funding
December 13, 2022
Kenyan Edtech company Zeraki Raises $1.8 Million in Seed Funding
Kenyan Edtech company Zeraki has raised a $1.8 million seed funding round to enable product catalog growth and regional expansion.…
MEST Africa Opens Applications for its 2024 Training Program
December 13, 2022
MEST Africa Opens Applications for its 2024 Training Program
After announcing five African tech startups that made it to the grand finale of the 2022 Africa Challenge pitch competition,…
Nigeria’s ThriveAgric crowned winner of Visa Everywhere Initiative
December 9, 2022
Nigeria’s ThriveAgric crowned winner of Visa Everywhere Initiative
ThriveAgric, a Nigerian startup that champions technology to transform the payments landscape for smallholder farmers, was crowned winner of the…
African producer of kids content Ubongo receives $27.8 Million from Lego Foundation
December 8, 2022
African producer of kids content Ubongo receives $27.8 Million from Lego Foundation
Africa’s leading creator and producer of children’s educational media, Ubongo has received a $27.8 Million Dollar Award from Lego Foundation…
Nigerian fintech Chipper Cash is the latest company to conduct massive layoffs
December 7, 2022
Nigerian fintech Chipper Cash is the latest company to conduct massive layoffs
Nigerian cross-border payments startup Chipper Cash has laid off nearly 13% of its workforce, reports indicate. Many employees from various…
Local startups to showcase at the UK-Supported Kenya Innovation Week
December 6, 2022
Local startups to showcase at the UK-Supported Kenya Innovation Week
Kenya Innovation Week kicked off in Nairobi on Tuesday to showcase UK-funded programmes that are breaking ground with emerging technologies…
South African VC firm 4Di Capital announces the second close of a new $25 million seed fund
December 6, 2022
South African VC firm 4Di Capital announces the second close of a new $25 million seed fund
South African- based early-stage technology venture capital fund manager 4Di Capital has announced a close of a new US$25 million…
Egyptian supply chain solutions provider OneOrder has raised $3 million
December 6, 2022
Egyptian supply chain solutions provider OneOrder has raised $3 million
Egyptian supply chain solutions company OneOrder has raised $3 million in seed round funding led by Nclude, with participation from…
Leading Identity Verification Startup, Verified.Africa Launches in Kenya
December 6, 2022
Leading Identity Verification Startup, Verified.Africa Launches in Kenya
Verified.Africa, a leading provider of ID verification, document verification, and digital KYC compliance solutions, has launched in Kenya. With this…
Lipa Later acquires SkyGarden for an undisclosed sum
December 5, 2022
Lipa Later acquires SkyGarden for an undisclosed sum
SkyGarden, the e-commerce platform has been acquired by Buy Now Pay Later (BNPL) Lipa Later for an undisclosed sum. Lipa…
Ex-Jumia executives launch new e-commerce platform
December 5, 2022
Ex-Jumia executives launch new e-commerce platform
Former Jumia executives have teamed up to launch a new e-commerce company called “Kapu”. Launched on Monday, the new platform…
Asset Recovery Agency drops fraud charges against Nigerian fintech Kora
December 5, 2022
Asset Recovery Agency drops fraud charges against Nigerian fintech Kora
Kenya’s Asset Recovery Agency (ARA) has dropped fraud charges against Nigerian fintech Kora. The startup was in July accused of…
Lipa Later to acquire popular e-commerce Startup Sky.Garden
December 2, 2022
Lipa Later to acquire popular e-commerce Startup Sky.Garden
Buy Now Pay Later (BNLP) company Lipa Later is acquiring troubled Kenyan e-commerce startup Sky.Garden. This comes about three weeks…
Kenyan Smartphone Reseller Badili Has Raised $2.1 Million in Pre-Seed Funding
December 2, 2022
Kenyan Smartphone Reseller Badili Has Raised $2.1 Million in Pre-Seed Funding
Badili Africa, a company that allows customers to trade in their old phones for new ones at friendly prices has…
Nigerian food-tech Orda raises $3.4 million seed round to digitize African restaurants
November 30, 2022
Nigerian food-tech Orda raises $3.4 million seed round to digitize African restaurants
Nigerian food-tech platform Orda announced has raised a $3.4 million seed round to further digitize food businesses across the continent.…
Twiga Foods Launches Fulfillment Centre To Serve the East African Region
November 29, 2022
Twiga Foods Launches Fulfillment Centre To Serve the East African Region
Agri-tech startup Twiga Foods has launched a multi-million dollar distribution centre aimed at serving manufacturers, brand owners, and farmers across…
M-TIBA Partners With Sweden’s BYON8 to Expand Telehealth Services
November 29, 2022
M-TIBA Partners With Sweden’s BYON8 to Expand Telehealth Services
Kenyan health-tech platform M-TIBA has partnered with Sweden’s online doctors’ platform BYON8 to expand access to telehealth services for its…
Autochek has launched a vehicle financing subsidiary for customers across Africa
November 29, 2022
Autochek has launched a vehicle financing subsidiary for customers across Africa
Autochek, the automotive technology company that is simplifying car ownership across Africa, has announced the launch of Autochek Financial Services.…
Fintech startup Hisa unveils real-time online stocks trading platform
November 28, 2022
Fintech startup Hisa unveils real-time online stocks trading platform
Fintech startup Hisa has launched an application that allows Kenyans to invest in the stock market directly from their phones…
Kenyan Supply Chain and Logistics Startup Leta Secures $3M Funding
November 28, 2022
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,…
Tanzanian supply chain solutions startup Ramani has raised $32M in equity and debt
November 28, 2022
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…
Pan-African solar company Solarise Africa raises $33.4M
November 27, 2022
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…
Modus Africa sets aside $75M to support African AI and blockchain startups
November 21, 2022
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…
Kenyan health-tech startup MYDAWA launches online platform to help in HIV prevention
November 21, 2022
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…
Kenya’s agri-tech startup Stable Foods has raised $600k in funding
November 19, 2022
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…
How the fall of FTX impacted Nigeria’s Web3 startup Nestcoin
November 17, 2022
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…
IFC has launched a $225 million VC subsidiary to fund early-stage African startups
November 17, 2022
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,…
Kenya-based Electric Vehicle Manufacturer BasiGo has raised $6.6 million in funding
November 16, 2022
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…
Nigerian Fintech Kuda Wants To Make Remittance From UK To Africa Cheaper
November 15, 2022
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…
Sky.Garden will not fold up, it has found a new buyer
November 14, 2022
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…
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