Startups

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

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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. …

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…

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…

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,…

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.…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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.…

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…

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…

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…

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:…

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)…

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…

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…

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. …

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…

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…

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.…

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”…

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…

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…

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…

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…

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…

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.…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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.…

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…

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…

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…

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.…

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…

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.…

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…

February 9, 2022