Startups

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

17 hours ago

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…

19 hours ago

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…

1 day ago

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…

1 day ago

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…

3 days ago

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.…

7 days ago

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…

7 days ago

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…

1 week ago

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…

1 week ago

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…

2 weeks ago

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…

2 weeks ago

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.…

2 weeks ago

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…

2 weeks ago

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,…

2 weeks ago

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…

3 weeks ago

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…

3 weeks ago

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…

3 weeks ago

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…

3 weeks ago

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…

3 weeks ago

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…

3 weeks ago

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…

4 weeks ago

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…

4 weeks ago

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…

July 7, 2022

Kenyan Court Freezes Flutterwave’s Bank Accounts Over Money Laundering Allegations

Nigerian unicorn fintech Flutterwave has lately been in the news for both good and bad reasons, but the unflattering reasons…

July 7, 2022

Autochek acquires CoinAfrique to accelerate its expansion across Francophone Africa

Autochek, the Nigerian automotive startup has accelerated its expansion to Francophone Africa after acquiring CoinAfrique for an undisclosed amount. CoinAfrique…

July 6, 2022

Flutterwave appoints ex-Goldman Sachs MD Gurbhej Dhillon as new CTO

Flutterwave has announced the appointment of former Goldman Sachs’ Managing Director, Gurbhej Dhillon as its Chief Technology Officer (CTO). As…

July 6, 2022

Nigeria’s open banking startup Mono launches in Kenya

Mono, a Nigerian fintech startup has announced that it is expanding its services to Kenya. Mono builds an open banking…

July 6, 2022

Three Kenyan Companies among 10 finalists of the Afri-Plastic Challenge

Three Kenyan companies developing varying solutions to address the plastic menace are among 10 finalists of the Afri–Plastics Challenge. Chemolex Limited,…

July 1, 2022

Kenyan edutainment startup Kakua has raised $6M in Series A funding

Kakua, an edutainment startup based in Kenya has raised $6M Series A funding. The funding was led by China’s Tencent…

July 1, 2022

Nigeria’s Moove has raised $20m debt funding from British International Investment

The British International Investment (BII) has extended $20 million in debt funding to Nigerian mobility startup Moove. The 4-year structured…

June 29, 2022

Kenyan fintech Kyanda takes its one-stop financial solutions to South Africa

Kyanda, a Kenyan fintech that facilitates payment of utilities and money transfers via an easy-to-use app has branched its operations…

June 29, 2022

Kenyan Online Accounting firm Odibooks Launches Management platform for SMEs.

Kenyan fintech startup Odibooks has launched a management and accounting platform that SMEs can use to automate their processes. Odibook…

June 27, 2022

Africa-focused VC firm TLcom Capital appoints Eloho Omame as Partner to attract more female-led tech startups

TLcom, the Africa-focused venture capital firm, has appointed Eloho Omame as a Partner. The appointment, the firm says is to bolster its…

June 27, 2022

Wimbart launches fourth edition of its mentorship programme for African tech startups

Wimbart, the London-based Public Relations agency specializing in Africa and emerging markets, has launched the fourth edition of its Office…

June 27, 2022

Fintech platform Nomanini launches app to connect FMCGs and financial service providers in Africa

Fintech platform Nomanini has today announced the launch of a new app that connects FMCGs and financial service providers to serve…

June 23, 2022

Nigeria’s Healthtracka Raises $1.5 million, Plans Entry to Kenya and Ghana

The convenience of getting health solutions from the comfort of your home is possibly one of the greatest achievements of…

June 23, 2022

Moringa School raises an undisclosed amount of funding from Leading Investor Proparco

Learning-accelerator Moringa School has raised an undisclosed amount of funding from Proparco to support its expansion outside Kenya. The funding…

June 22, 2022

Breaking: Kune Food is shutting down

Kenyan food-tech startup Kune Food is shutting down. Kune which officially began commercial operations with four meal hubs located in…

June 22, 2022

New App To Automatically Supervise Spending For Dependents Launched

Kenyan startup Empower Smart Limited has launched an automated Digital Escrow Supervised Payments app for Dependents. Dubbed “Super Pay” the…

June 21, 2022

Proparco joins forces with Digital Africa to provide financing solutions for African tech startups

As part of its 2022-2025 roadmap, Digital Africa, in partnership with Proparco, will support 200 African startups at different stages…

June 21, 2022

Kenyan construction logistics startup Jumba raises $1m pre-seed round

Jumba, a Kenyan construction supply chain startup that was launched in April this year has raised $1m in pre-seed funding.…

June 20, 2022

Kenyan insurtech firm mTek secures $3 million funding

On the heels of a recent $1.50 million (KSh 170 million) investment, Kenyan insurtech startup mTek has secured an additional …

June 15, 2022

EdTech Firm Snapplify Launches Teacha Marketplace for East Africa

South African edtech company Snapplify has launched Teacha!, a resourceful marketplace where teachers can buy and sell their teaching resources.…

June 15, 2022

Flutterwave Has Appointed Former American Express Executive as New CFO

Flutterwave has announced the appointment of Oneal Bhambani as its new Chief Financial Officer (CFO) Bhambani joins the Nigerian fintech…

June 13, 2022

AirDuka named overall winner of Kenya’s e-commerce startup of the year

AirDuka has been named the overall winner of the startup of the Year Award at the Kenya E-Commerce Summit and…

June 10, 2022

Nigerian fintech startup Indicina raises $3m seed funding for Africa expansion

Nigerian fintech startup Indicina has raised $3 million in seed funding round to accelerate its expansion into other African markets.…

June 10, 2022

Tunisian edtech startup GOMYCODE raises $8 Million Series A funding to expand across Africa

A Tunisian edtech startup GOMYCODE has raised one of the highest African funding this quarter of the year after clinching…

June 9, 2022

GreenHouse Capital announces 13 startups selected for the Microsoft Scale-up Accelerator

Thirteen startups from East and West Africa are set to benefit from a six-week accelerator program by GreenHouse Capital and…

June 9, 2022

Something isn’t right at Kune, the Kenyan food-tech startup

When Kune Food raised $1 Million in pre-seed funding in June 2021, it seemed to have a grand plan that…

June 8, 2022

Nigerian SeamlessHR Aims to Build HR Software for International Markets

A number of organizations have set camps in Africa to take advantage of the vast human resources. It’s not always…

June 8, 2022

South African startup Nooksy is connecting family members through a reading app

A South African startup named Nooksy is connecting family members living far away from each other through storytelling. Nooksy, which…

June 7, 2022

Kenyan government is considering creating a startup advisory board

The Kenyan government is considering creating a startup advisory board to support the continued acceleration of startups in the country.…

June 6, 2022

Ugandan fintech startup Eversend rebrands, announces new features

Eversend, a Ugandan fintech startup providing cross-border money transfers for Africans and Africans in the diaspora has rebranded. The startup…

June 5, 2022

Kenyan brewer African Originals seeks to raise $700k in new funding

African Originals, a Kenyan startup using local ingredients to make world-class beverages is seeking to raise $700,000 to scale its…

June 2, 2022

French government backed Digital Africa initiative aims to boost growth among tech entrepreneurs in Africa

The French government is playing a proactive role in weaning the rapidly-growing digital landscape in Africa through an initiative dubbed…

June 1, 2022

SWVL pauses daily operations in Nairobi

Swvl has announced that it is pausing its daily and city to city rides in Kenya. The mass transit and…

June 1, 2022

Kenyan e-health startup Maisha Meds hits 1000 active facilities, expands to Nigeria

Kenyan digital pharmacy network Maisha Meds has reached 1,000 active facilities, making it one of the largest digital pharmacy networks…

June 1, 2022

GoGettaz Agripreneur Prize is Awarding $50k to African agri-tech startups

The GoGettaz Agripreneur Prize is inviting African agri-tech startups to apply and stand a chance to win US$50,000 in cash…

June 1, 2022

B2B platform Sendy Supply, transforming trade for retailers

Supply chain inefficiencies in the retail sector continue to affect how traders do business. Logistics, storage and the ever-changing consumer…

May 30, 2022

South Africa’s edtech startup FoondaMate raises $2 million seed funding

South African edtech startup FoondaMate is helping high school students in emerging markets to access revision material through WhatsApp and…

May 27, 2022

Nigerian fintech startup Grey expands to Kenya to enable freelancers send and receive money from abroad

Over the last few years, there have been conversations around PayPal being unfriendly to its users, mainly freelancers in Africa.…

May 27, 2022

This Nigerian fintech is simplifying banking for immigrants

Nigerian fintech startup Vesti is changing the way immigrants access banking services around the world. The company launched by two…

May 26, 2022

Nigeria’s Jamit hopes to bring African podcasters together

Podcasting is a trend that’s rapidly gaining momentum in the world. Most of the developed markets have gladly accepted it…

May 26, 2022

AfriLabs Academy to facilitate capacity building among startups in Africa

As innovation hubs increase in number across Africa, the need for capacity building, benchmarking and other supportive initiatives prevail. It’s…

May 25, 2022

This SA agri-tech firm IQ is equipping farmers with digital tools to boost farming

When South African agri-tech startup IQ Logistica was formed in 2014, the focus was to be a service provider to…

May 23, 2022

CV VC Firm Launches Early-Stage Fund for African Blockchain Startups

Crypto Valley Venture Capital (CV VC) has today announced the launch of its African Blockchain Early-Stage Fund targeting blockchain startups…

May 20, 2022

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…

May 19, 2022

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…

May 19, 2022

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…

May 19, 2022

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…

May 19, 2022

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…

May 17, 2022

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…

May 17, 2022

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…

May 16, 2022

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…

May 16, 2022

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…

May 13, 2022

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…

May 13, 2022

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…

May 12, 2022

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. …

May 10, 2022

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…

May 9, 2022

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…

May 6, 2022

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,…

May 6, 2022

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.…

May 5, 2022

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…

May 5, 2022

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…

May 4, 2022

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…

May 2, 2022

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…

April 29, 2022

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…

April 29, 2022

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…

April 29, 2022

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…

April 28, 2022

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…

April 26, 2022

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…

April 22, 2022

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…

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