Startups
News updates on startups in Africa. Send tips to info@techtrendske.co.ke.
Kenya-based Kua Ventures invests over $1 Million in local SMEs
8 hours ago
Kenya-based Kua Ventures invests over $1 Million in local SMEs
Kua Ventures, an impact investment firm based in Kenya has invested more than $1 million (Ksh. 145 million) in SMEs…
Lipa Later closes $5M debt raise, targets to raise an additional $20M
14 hours ago
Lipa Later closes $5M debt raise, targets to raise an additional $20M
Kenyan fintech Lipa Later on Wednesday announced a successful closure of a $5M (KES 500 million) privately placed Debt issuance. …
Kenyan logistics startup Sendy confirms insolvency and goes into administration
17 hours ago
Kenyan logistics startup Sendy confirms insolvency and goes into administration
Kenyan logistics startup Sendy has gone into administration and appointed Peter Kahi of PKF Consulting Limited to oversee its operations.…
Five African health-tech startups among 30 selected for Google for Startups AI Program
1 day ago
Five African health-tech startups among 30 selected for Google for Startups AI Program
The Google for Startups Growth Academy: AI for Health has unveiled the thirty startups from around the world selected for…
IFC announces a $3.4 million investment in African e-commerce platform ANKA
2 days ago
IFC announces a $3.4 million investment in African e-commerce platform ANKA
IFC has announced a $3.4 million equity investment in leading African e-commerce platform ANKA. The funding will allow ANKA, an…
Zambia’s fintech Lupiya raises $8.25m Series A round to grow its neo banking business
6 days ago
Zambia’s fintech Lupiya raises $8.25m Series A round to grow its neo banking business
Zambian neobank, Lupiya has secured $8.25 million in Series A seed funding round to scale its business in its home market…
Here are the 12 African startups selected for Microsoft-backed FAST Accelerator AI program
6 days ago
Here are the 12 African startups selected for Microsoft-backed FAST Accelerator AI program
Data and AI technology company Flapmax has announced the twelve startups selected for the second cohort of the FAST Accelerator…
Kenyan insurtech Turaco acquires Ghana’s MicroEnsure to deepen affordable insurance coverage across Africa
1 week ago
Kenyan insurtech Turaco acquires Ghana’s MicroEnsure to deepen affordable insurance coverage across Africa
Turaco, the Kenyan insurtech startup offering affordable insurance to users has acquired MicroEnsure Ghana from MIC Global. Under the deal,…
Fintech startup Sendwave targets Kenyans in the US with new banking product
1 week ago
Fintech startup Sendwave targets Kenyans in the US with new banking product
Fintech startup Sendwave has unveiled a new product that will allow users to earn interest and pay reduced fees on…
Five Kenyan cleantech startups selected for JICA’s Project NINJA accelerator 3rd cohort
1 week ago
Five Kenyan cleantech startups selected for JICA’s Project NINJA accelerator 3rd cohort
Five Kenyan cleantech startups have been selected to take part in the 3rd cohort of Japan International Cooperation Agency’s (JICA)…
Uganda’s agritech startup Emata raises $2.4 million seed funding
2 weeks ago
Uganda’s agritech startup Emata raises $2.4 million seed funding
Ugandan agritech startup Emata has raised $2.4 million in seed funding comprising $800,000 in equity and $1.6 million in on-lending…
Lipa Later gears up for public fundraising in the US as it seeks to raise more funding
2 weeks ago
Lipa Later gears up for public fundraising in the US as it seeks to raise more funding
After raising KES 500 million ($5 million) in a privately placed debt issuance earlier this week, Lipa Later has revealed…
Catalyst Fund marks its first close to back climate tech startups in Africa
2 weeks ago
Catalyst Fund marks its first close to back climate tech startups in Africa
The Catalyst Fund has reached the first close of its targeted $40 million fund to invest in climate tech startups…
Jay-Z and Jack Dorsey-funded Bitcoin Non-profit ₿trust Acquires African Bitcoin Developer Training Company Qala
2 weeks ago
Jay-Z and Jack Dorsey-funded Bitcoin Non-profit ₿trust Acquires African Bitcoin Developer Training Company Qala
₿trust, a non-profit organisation which exists to decentralise the development of Bitcoin software, has announced its acquisition of Qala. Qala…
Twiga Foods suppliers yet to benefit from the Ksh.300M Hustler Fund promised by the government
4 weeks ago
Twiga Foods suppliers yet to benefit from the Ksh.300M Hustler Fund promised by the government
Agri-tech startup Twiga Foods has revealed that its suppliers are yet to benefit from the Ksh.300 Hustler Fund promised by…
MEST Africa Opens Applications for its Startup Pitch Competition
August 28, 2023
MEST Africa Opens Applications for its Startup Pitch Competition
MEST Africa has opened applications for its 2023 Challenge Startup Pitch Competition for African startups. This year, the program is…
Treepz among startups selected for 2023 VC4A Venture Showcase Africa
August 23, 2023
Treepz among startups selected for 2023 VC4A Venture Showcase Africa
Treepz, the African car-sharing and rental marketplace is among the 12 startups selected to to participate in this year’s VC4A…
BREAKING: Cellulant to lay off 20% of its workforce
August 23, 2023
BREAKING: Cellulant to lay off 20% of its workforce
Cellulant, the Kenyan-based payments firm is laying off 20% of its workforce. The restructuring exercise the fintech says is expected…
Google announces AI First accelerator program for African startups
August 22, 2023
Google announces AI First accelerator program for African startups
Google today announced the launch of a new accelerator program to support Artificial Intelligence (AI) startups in Africa. The “Google…
BuuPass hits 10 million tickets milestone, hosts networking event with key partners
August 21, 2023
BuuPass hits 10 million tickets milestone, hosts networking event with key partners
BuuPass, the Kenyan digital bus ticketing company founded in 2016 has revealed that it has so far sold over 10…
Eric Jackson takes over as new Hisa CEO
August 16, 2023
Eric Jackson takes over as new Hisa CEO
Kenyan fintech Hisa has announced the appointment of Eric Jackson as its new Chief Executive Officer (CEO). Jackson takes over from…
[South Africa] Gauteng Accelerator Programme 2023 applications open
August 15, 2023
[South Africa] Gauteng Accelerator Programme 2023 applications open
The Gauteng Accelerator Programme (GAP) has opened applications for its 2023 innovation competition. The competition is seeking entrepreneurs, innovators, and…
List of 12 growth stage startups selected for 2023 VC4A Venture Showcase Africa
August 14, 2023
List of 12 growth stage startups selected for 2023 VC4A Venture Showcase Africa
Leading startup platform in emerging markets VC4A has announced the 12 African startups that have been selected to participate in…
Founders Factory Africa secures $144 million to invest in more early-stage startups
August 14, 2023
Founders Factory Africa secures $144 million to invest in more early-stage startups
South Africa-based venture builder, Founders Factory Africa has secured an additional $114 million in funding to scale its hybrid tech…
Mobility fintech Moove secures $76M equity, debt from Mubadala and BlackRock
August 10, 2023
Mobility fintech Moove secures $76M equity, debt from Mubadala and BlackRock
Moove, the African mobility fintech has secured $76 million in new funding, consisting of $28m in equity from new and…
Kenyan logistics startup Sendy reportedly up for sale
August 8, 2023
Kenyan logistics startup Sendy reportedly up for sale
Sendy, the Kenya Fulfillment and logistics startup is reportedly up for sale. Techcabal reports that the startup is currently at…
[Nigeria] Prembly acquires data sharing firm Tunnel
August 3, 2023
[Nigeria] Prembly acquires data sharing firm Tunnel
Prembly, which bills itself as a leading compliance and security infrastructure company in Africa has announced its acquisition of secure…
QED Investors lead $12 million investment in Nigeria’s healthtech startup Remedial Health
August 1, 2023
QED Investors lead $12 million investment in Nigeria’s healthtech startup Remedial Health
Across Africa, 85 percent of retail medicine purchases happen at micro-enterprises, typically neighbourhood pharmacies and) and Proprietary Patent Medicine Vendors…
Safaricom to start investing in tech startups with two new subsidiaries
July 28, 2023
Safaricom to start investing in tech startups with two new subsidiaries
Kenya’s leading telco Safaricom will soon start investing in local tech startups after its shareholders approved two new subsidiaries. The…
Copia confirms it’s laying off 350 employees
July 27, 2023
Copia confirms it’s laying off 350 employees
Kenyan Last-mile delivery and eCommerce platform Copia has confirmed that it’s indeed laying off 25% (around 350 members) of the…
BasiGo bringing its Electric Buses to Rwanda
July 26, 2023
BasiGo bringing its Electric Buses to Rwanda
BasiGo, the Kenyan-based electric bus manufacturer is expanding to Rwanda. The company, which recently partnered with the Associated Vehicle Assemblers…
Kenyan fintech Boya launches Virtual Visa cards for SMEs
July 25, 2023
Kenyan fintech Boya launches Virtual Visa cards for SMEs
Boya, the Kenyan fintech firm on Tuesday launched its virtual Visa expense card targeting local businesses. The card was launched…
Zuri Health raises an undisclosed amount for funding from Five35 Ventures
July 21, 2023
Zuri Health raises an undisclosed amount for funding from Five35 Ventures
Six months after raising an undisclosed amount of funding from Moroccan VC UM6P Ventures, Kenyan health-tech startup Zuri Health has…
Visa opens applications for its Africa Fintech Accelerator Program
July 20, 2023
Visa opens applications for its Africa Fintech Accelerator Program
Payments tech company Visa has opened applications for startups to participate in the first cohort of the Visa Africa Fintech…
Applications for cohort 4 of the ASIP accelerator program open
July 17, 2023
Applications for cohort 4 of the ASIP accelerator program open
Startupbootcamp AfriTech has opened applications for Cohort 4 of its ASIP accelerator program. Targeting early-stage startups in Africa, the ASIP Program…
Flutterwave addresses Payment Challenges for African Students in Overseas Schools with new payments product
July 14, 2023
Flutterwave addresses Payment Challenges for African Students in Overseas Schools with new payments product
African payments to overseas schools have been hindered by a myriad of challenges. From the high cost of transactions, limited…
World Bank awards 10 Southern African fintech startups $5,000 each
July 11, 2023
World Bank awards 10 Southern African fintech startups $5,000 each
10 Southern African fintech startups have each received $5,000 (R94,020) from the World Bank to help bridge the gap in…
Fintech startup Okoora and MAX partner to deliver comprehensive currency solutions
July 10, 2023
Fintech startup Okoora and MAX partner to deliver comprehensive currency solutions
Swiss-Israeli fintech startup Okoora has partnered with MAX, a leading Israeli credit card company to revolutionize the field of foreign…
Podcast Incubation Studio SemaBOX to launch podcast distribution platform
July 7, 2023
Podcast Incubation Studio SemaBOX to launch podcast distribution platform
Podcast incubation studio SemaBOX is launching a podcast distribution platform to help podcasters on its network to reach more audiences.…
Influencer Marketing Platform Aifluence wins of the Visa Everywhere Initiative Kenya Finals
July 6, 2023
Influencer Marketing Platform Aifluence wins of the Visa Everywhere Initiative Kenya Finals
AIfluence, the Kenyan AI-driven Influencer Marketing Platform has been named the winner of the Kenya edition of the 2023 Visa…
Mobility financing startup Moove raises $8 million financing from Absa Bank
July 6, 2023
Mobility financing startup Moove raises $8 million financing from Absa Bank
Moove, the mobility fintech startups has secured USD $8mn in financing from Absa Corporate and Investment Banking (CIB), bringing its total funding…
Seedstars new program seeks to boost financial inclusion for women migrants
July 5, 2023
Seedstars new program seeks to boost financial inclusion for women migrants
Seedstars, the global startup community and investment platform a new program to support fintech companies focused on promoting financial inclusion…
CNN’s Connecting Africa explores Nairobi’s role as a technology hub
July 5, 2023
CNN’s Connecting Africa explores Nairobi’s role as a technology hub
In the latest episode of Connecting Africa, CNN International’s Eleni Giokos visits Nairobi to see the role technology can play in boosting…
Here are the five startups pitching at the 2023 Visa Everywhere Initiative Kenya edition
July 4, 2023
Here are the five startups pitching at the 2023 Visa Everywhere Initiative Kenya edition
Payments firm Visa has unveiled the five finalists shortlisted for the final round of the 2023 Visa Everywhere Initiative (VEI).…
Digital retail distributor Kyosk Digital acquires KwikBasket, expands into fresh produce market
July 4, 2023
Digital retail distributor Kyosk Digital acquires KwikBasket, expands into fresh produce market
Many farmers in Africa face numerous challenges due to fragmented and inefficient distribution chains for agricultural produce. Farmers often struggle…
MYDAWA raises $20m funding from Alta Semper Capital, acquires Uganda’s pharmacy chain Guardian Health
July 3, 2023
MYDAWA raises $20m funding from Alta Semper Capital, acquires Uganda’s pharmacy chain Guardian Health
MYDAWA, the Kenyan health-tech startup famous for its e-pharmacy platform has received a US $20 million capital injection from private…
Power Learn Project Alumni Startup, Payd, Wins Mozilla Africa Mradi Innovation Challenge Grant
June 29, 2023
Power Learn Project Alumni Startup, Payd, Wins Mozilla Africa Mradi Innovation Challenge Grant
Payd has been named among the winners of the prestigious Mozilla Africa Mradi Innovation Challenge, a competition sponsored by Mozilla…
Kenyan mobility startup Stima secures 100k euro investment from develoPPP Ventures
June 25, 2023
Kenyan mobility startup Stima secures 100k euro investment from develoPPP Ventures
Stima Mobility, the Kenyan startup providing green tech solutions for the moto-taxi sector (boda boda riders) has secured 100,000 euro in…
15 Women-led startups selected to join Cohort 6 of Standard Chartered’s Women in Tech program
June 23, 2023
15 Women-led startups selected to join Cohort 6 of Standard Chartered’s Women in Tech program
Standard Chartered Kenya in partnership with @iBizAfrica- Strathmore University has announced the fifteen women-led startups that will be joining the…
Renewable energy firm Africa REN secures €32M for its Walo Storage project in West Africa
June 23, 2023
Renewable energy firm Africa REN secures €32M for its Walo Storage project in West Africa
Africa REN, a leading renewables project developer in West Africa has received a €32M debt financing of its Walo Storage…
5 Kenyan startups among the 25 selected to receive $4M Google for Startups’ Black Founders Fund
June 21, 2023
5 Kenyan startups among the 25 selected to receive $4M Google for Startups’ Black Founders Fund
Five Kenyan startups are among the twenty-five from across Africa that have been selected for this year’s $ 4 Google…
$50k up for grabs in the 2023 edition of the Ecobank Fintech Challenge in Africa
June 21, 2023
$50k up for grabs in the 2023 edition of the Ecobank Fintech Challenge in Africa
Ecobank Group has opened applications for the 6th edition of its Ecobank Fintech Challenge. The application is open to fintech entrepreneurs from…
Visa launches its fintech accelerator program for startups in Africa
June 14, 2023
Visa launches its fintech accelerator program for startups in Africa
Visa on Wednesday announced the launch of the new Africa Fintech Accelerator program for African startups. The program seeks to…
Epson Makes Additional Investment in Space Robotics Development StartUp GITAI
June 13, 2023
Epson Makes Additional Investment in Space Robotics Development StartUp GITAI
Seiko Epson Corporation and its subsidiary Epson X Investment Corporation recently made an additional investment in GITAI Japan Inc., a…
Nigeria health-tech Helium Health raises $30m Series-B funding
June 9, 2023
Nigeria health-tech Helium Health raises $30m Series-B funding
Helium Health, the Lagos-based health tech firm Helium has raised $30 million in Series-B funding The funding round was led…
Ravin brings its AI-Based Visual Vehicle Inspection Tech to South Africa
June 8, 2023
Ravin brings its AI-Based Visual Vehicle Inspection Tech to South Africa
Ravin AI, an Israel and U.K.-based startup developing AI to autonomously inspect vehicles for damage has expanded to South Africa. …
Ampersand now has more than 1,000 electric motorcycles on Rwanda and Kenyan roads
June 8, 2023
Ampersand now has more than 1,000 electric motorcycles on Rwanda and Kenyan roads
Ampersand, the Kigali-based electric motorcycle startup now has more than 1,000 commercial-use electric motorcycles on the roads in Rwanda and Kenya. This…
LemFi launches its diaspora remittance services in Kenya
June 6, 2023
LemFi launches its diaspora remittance services in Kenya
LemFi, the cross-border payment solution that enables the diaspora community to send and receive money back home has formally launched…
Google Africa, C. Moore Media and Allison+Partners partner for the 4th edition of Female Mentorship Program
June 5, 2023
Google Africa, C. Moore Media and Allison+Partners partner for the 4th edition of Female Mentorship Program
C. Moore Media and Allison+Partners have opened applications for the fourth edition of The Future is Female Mentorship Program. The…
Regional winners of the Global Startup Awards Africa announced
June 2, 2023
Regional winners of the Global Startup Awards Africa announced
Seventy-one startups from across Africa have been named regional winners at this year’s Global Startup Awards (GSA) Africa – the largest, independent startup ecosystem competition…
Youverify Officially Brings its Full Cycle Compliance Solutions to Kenya
May 26, 2023
Youverify Officially Brings its Full Cycle Compliance Solutions to Kenya
Youverify, the regtech company building full-cycle global compliance products for businesses has officially entered the Kenyan market. The move is…
Maasai inventor named as a finalist for the Young Inventors Prize
May 23, 2023
Maasai inventor named as a finalist for the Young Inventors Prize
Kenya’s Richard Turere has been named among one of three finalists for the second edition of the Young Inventors Prize.…
Nigerian Edtech Startup uLesson Gets License To Launch Online University
May 22, 2023
Nigerian Edtech Startup uLesson Gets License To Launch Online University
Nigerian ed-tech, uLesson, has secured an online university license for Miva University, its new platform for tertiary education. Founded in…
African Climate Tech Startup Amini Raises $2 million
May 18, 2023
African Climate Tech Startup Amini Raises $2 million
Amini, an early-stage company focused on solving Africa’s environmental data gap through Artificial Intelligence and satellite technology, has raised $2M…
Nigerian Based Startup Figorr Raises $1.5M in Seed Funding
May 17, 2023
Nigerian Based Startup Figorr Raises $1.5M in Seed Funding
Nigerian-based cold-chain startup Figorr has secured $1.5 million in seed funding and has since rebranded from Grcd to Figorr. Its…
Egypt-based VC DisrupTech Raises $5 Million Investment From Proparco
May 16, 2023
Egypt-based VC DisrupTech Raises $5 Million Investment From Proparco
Proparco, a subsidiary of the AFD Group focusing on private sector development, has announced an investment in an early-stage venture…
M-KOPA raises $250M in debt, equity to scale its asset finance platform across Africa
May 15, 2023
M-KOPA raises $250M in debt, equity to scale its asset finance platform across Africa
Asset financing platform M-Kopa has raised $250m in new funding to expand its services across Sub-Saharan Africa. The funding includes…
Nigerian Startup Slashes Paperwork for Doctors Across Africa Using AI
May 12, 2023
Nigerian Startup Slashes Paperwork for Doctors Across Africa Using AI
As a medical doctor in Nigeria, Tobi Olatunji knows the stress of practicing in Africa’s busy hospitals. As a machine-learning…
B2B E-commerce startup Wasoko to invest over $1 million in Zambia
May 11, 2023
B2B E-commerce startup Wasoko to invest over $1 million in Zambia
Wasoko has revealed plans to invest over $1 million in Zambia. The B2B retail and e-commerce made this announcement even…
South African healthtech startup Guidepost unveils chatbot to help diabetic patients manage their condition
May 10, 2023
South African healthtech startup Guidepost unveils chatbot to help diabetic patients manage their condition
One in nine South Africans is affected by diabetes, which is also the number one killer of women and the…
Winners of the Mastercard Women SME Leaders Awards 2023 Announced
May 9, 2023
Winners of the Mastercard Women SME Leaders Awards 2023 Announced
Mastercard has announced the winners of its second edition of the Women SME Leaders Awards. The award celebrates the achievements…
10 startups selected for the inaugural Qualcomm Make in Africa Mentorship program
May 5, 2023
10 startups selected for the inaugural Qualcomm Make in Africa Mentorship program
Qualcomm has announced the 10 startups selected to participate in the inaugural Make in Africa startup mentorship program. The program…
Nigeria’s PSP Nomba raises $30 million Pre-Series B
May 2, 2023
Nigeria’s PSP Nomba raises $30 million Pre-Series B
Nigerian payment service provider Nomba has raised a $30 million Pre-Series B funding round to support the delivery of bespoke…
Kibo Africa to increase its manufacturing capacity to 50k bikes per year
April 28, 2023
Kibo Africa to increase its manufacturing capacity to 50k bikes per year
Kibo Africa has revealed plans to quintuple its motorcycle production annual capacity in the next three years. The Kenyan-based manufacturer…
Payday re-launches in Rwanda, partners with Starlink to enable internet access
April 26, 2023
Payday re-launches in Rwanda, partners with Starlink to enable internet access
Pan-African payments startup PayDay has re-launched in Rwanda and announced a partnership that will enable Startlink customers to purchase their…
42Markets raises $10 million from Convergence Partners
April 25, 2023
42Markets raises $10 million from Convergence Partners
42Markets Group, the financial and capital markets fintech investment group, has secured $10 million from Convergence Partners, to grow and…
Nigerian online training provider Blurpe launches talent linking tool
April 24, 2023
Nigerian online training provider Blurpe launches talent linking tool
Nigerian online training company Blurpe has launched a new product dubbed Talent Pool, aimed at linking marketing specialists in Africa…
African blockchain startups raised $474 million in 2022, Crypto Valley report says
April 24, 2023
African blockchain startups raised $474 million in 2022, Crypto Valley report says
The growth of the African crypto market has been remarkable in spite of the ongoing crunch the industry is experiencing…
Nigerian counterfeit tracking startup Chekkit has raised undisclosed amount of funding
April 21, 2023
Nigerian counterfeit tracking startup Chekkit has raised undisclosed amount of funding
Nigerian startup Chekkit has secured an undisclosed amount of funding to help it scale its blockchain-powered drug safety and tracking…
Tunisia’s gaming platform CoaChess raises $191k to revolutionalize chess gaming using AI
April 21, 2023
Tunisia’s gaming platform CoaChess raises $191k to revolutionalize chess gaming using AI
The gaming industry in Africa has been experiencing commendable growth, as more developers build innovative products that are gaining popularity.…
SA agritech startup FarmTrace raises funding to scale its solutions
April 20, 2023
SA agritech startup FarmTrace raises funding to scale its solutions
South African agri-tech startup FarmTrace has raised an undisclosed amount of funding from Secha Capital and Hassium Capital. The company…
Copia suspends its recently established Uganda operations
April 19, 2023
Copia suspends its recently established Uganda operations
A few months after opening new facilities in Uganda, Copia now says it’s suspending its operations in the country. The…
Nigeria’s Autochek Acquires Majority Stake in Egypt’s Car-Buying Platform AutoTager
April 19, 2023
Nigeria’s Autochek Acquires Majority Stake in Egypt’s Car-Buying Platform AutoTager
Nigerian automotive technology company Autochek has acquired a majority stake in AutoTager, an Egyptian automotive technology company that makes it…
Flutterwave selects Nairobi, Kenya as its regional headquarters for East Africa
April 18, 2023
Flutterwave selects Nairobi, Kenya as its regional headquarters for East Africa
Flutterwave, the African fintech firm is setting up its regional headquarter for East Africa in Nairobi Kenya. This announcement was…
Visa Everywhere Initiative 2023 applications open in Kenya
April 18, 2023
Visa Everywhere Initiative 2023 applications open in Kenya
Payments firm Visa has opened applications for the 2023 edition of the Visa Everywhere Initiative (VEI). The global open innovation…
Nigerian health-tech startup Healthlane is restructuring as it struggles to remain afloat
April 13, 2023
Nigerian health-tech startup Healthlane is restructuring as it struggles to remain afloat
Nigerian health-tech startup Healthlane has announced plans to change its business model, following months of operational struggles and little business.…
Kenyan agritech Victory Farms raises $35 million Series B funding
April 13, 2023
Kenyan agritech Victory Farms raises $35 million Series B funding
Victory Farms, a Kenya-based aquaculture startup operating around Lake Victoria has raised $35 million in Series B round. Previously the…
Mama Fua among seven startups awarded Ksh1 million each by Mozilla
April 12, 2023
Mama Fua among seven startups awarded Ksh1 million each by Mozilla
Seven startups from Uasin Gishu county have received Ksh. 1 million each from Mozilla and the Gladys Boss Foundation to…
DFC invests $25 million in Pan-African VC firm Novastar Ventures
April 10, 2023
DFC invests $25 million in Pan-African VC firm Novastar Ventures
The U.S International Development Finance Corporation (DFC) has invested $25 million in a new fund by Pan-African venture capital firm…
Tanzania’s CHIL Femtech Center launches telemedicine product for students across Africa
April 10, 2023
Tanzania’s CHIL Femtech Center launches telemedicine product for students across Africa
CHIL Femtech Center, an entity under the CHIL AI Lab Group, has launched a new technology to improve health care…
This African startup hopes to make delivery of small parcels cheaper
April 6, 2023
This African startup hopes to make delivery of small parcels cheaper
SkyCliQ, a startup hoping to democratize the small parcel delivery segment has launched its waitlist for community-based shopping and delivery.…
[Nigeria] Mobility Startup Shuttlers Has Raised $4M for Expansion
April 5, 2023
[Nigeria] Mobility Startup Shuttlers Has Raised $4M for Expansion
Nigerian shared mobility startup Shuttlers has raised $4 million in a new funding round to facilitate expansion. The startup was…
Connected Summit 2023: Government reiterates its commitment to support local startups
April 3, 2023
Connected Summit 2023: Government reiterates its commitment to support local startups
Prime Cabinet Secretary Musalia Mudavadi has reiterated the government’s commitment to promoting technology and innovation in the country by supporting…
Fintech startup PayDay raises $3 million in seed funding
March 30, 2023
Fintech startup PayDay raises $3 million in seed funding
PayDay, the pan-African fintech startup has raised $3 million in seed funding. The round was led by Moniepoint Inc, with…
Zuri Health Launches digital outpatient service for SMEs
March 29, 2023
Zuri Health Launches digital outpatient service for SMEs
Zuri Health, the Kenyan health-tech has launched a new digital outpatient service designed specifically for small and medium-sized enterprises (SMEs).…
Nigeria’s Autochek appoints US automotive industry veteran Robert Granados to its board
March 28, 2023
Nigeria’s Autochek appoints US automotive industry veteran Robert Granados to its board
Autochek, the Nigerian startup making car ownership more accessible and affordable across Africa has appointed US automotive industry leader and…
AWS opens applications for its inaugural FinTech Africa Accelerator : How to apply
March 27, 2023
AWS opens applications for its inaugural FinTech Africa Accelerator : How to apply
Amazon Web Services’ Startup Loft Accelerator has announced the inaugural launch of its AWS FinTech Africa Accelerator. The program is…
Fintech firm NALA receives PSP license from Bank of Tanzania
March 27, 2023
Fintech firm NALA receives PSP license from Bank of Tanzania
NALA, the fintech firm payments company born in Tanzania has been granted a Payment Service Provider (PSP) License to operate…
African Market Intelligence Startup Rwazi Raises $4 Million Seed Funding
March 24, 2023
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
March 23, 2023
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
March 22, 2023
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. …
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