Startups

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

Innovate Now Accelerator Program for Assistive Technology innovators announced

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…
Cairo Angels Injected Undisclosed Amount in Kenya’s FlexPay

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…
Healthtech startup Zuri Health raises $1.3-million to expand across Africa

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…
Kenyan fintech Bamba raises $3.2m seed funding to scale

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…
Kenyan Fintech Hisa Joins NVIDIA Inception Programme

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…
Nigeria’s Freight Forwarder Topship Raises $2.5M Seed Funding

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…
Kenyan B2B e-commerce startup TopUP Mama Has Raised $1.7 million Seed Funding

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…
VC firm Ventures Platform appoints Dr. Dotun Olowoporoku as New Venture Partner

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…
Twiga Foods announces new subsidiary focusing on modern and commercial farming

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…
Kenyan startup Abantu AI Aims To Makes Local Languages Translation Easy

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…
African Startups Raised $2billion in 2021, Report

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…
Nigeria’s Fidia has created a crowdfunding platform for African content creators

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. …
Egyptian Fintech Paymob raises $50M in Series B funding

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…
B2B eCommerce platform TradeDepot appoints Chidi Akubuiro as Managing Director for West Africa

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…
Kenyan startup Wowzi is connecting influencers with ad agencies

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,…
SA Remittance Fintech Mama Money Aims to offer Lowest Transfer Charges

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.…
Kenyan e-health startup Zuri Health launches Whatsapp Chatbot

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…
Nigerian Trade Tech Firm Norebase Raises $1M in Pre-Seed Round

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…
Power and Turaco partner to provide affordable insurance for gig workers across Africa

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…
Nigeria’s OnePort 365 secures $5 million Seed Funding to Digitize Freight Management in Africa

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…
Tanzania’s fintech NALA partners with Cellulant for diaspora remittance

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…
Glovo Kenya tech startup pitch competition winners announced

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…
Solar energy provider Sun King raises $260 million in latest funding round

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…
Nigeria’s home services subscription App Eden Life acquires Kenya’s Lynk

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…
CcHUB, Google unveil 9 Startups selected for the Fintech Incubation Programme in Rwanda

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…
BFA Global and FSD Africa launch a $3.3m fintech venture launcher for climate resilience in Africa

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…
Kenyan Electric Vehicle Maker Opibus Rebrands to ROAM

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…
Kenyan Mobile commerce startup Copia appoints former Amazon Executive to its Board

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…
Kenyan open finance infrastructure startup Credrails partners with Access Bank for future of finance in Africa

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…
Flutterwave CEO Embroiled in Bullying, Fraud Claims

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…
Andela expands its talent offering to include designers, product managers, and data analysts

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…
Egyptian e-sport startup Eksab raises $3M to scale its fantasy football platform

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…
Nigerian logistics startup Kwik raises $2 million Series A Round to digitize informal African trade

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…
Flutterwave goes live in Tanzania

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.…
Konza and Association of Startups sign MoU to support local startups

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…
Kenya looks to FinTech to supercharge financial inclusion, report

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…
Nigeria’s agri-tech startup ThriveAgric raises $56.4m debt funding to accelerate African expansion

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…
10 African Fintech Startups Selected for CATAPULT: Inclusion Africa Special Dubai Edition

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:…
Flutterwave CEO Joins Africa’s BNPL Firm Lipa Later’s Advisory Board

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)…
Kenyan e-commerce startup Sokowatch raises $125M, rebrands to Wasoko

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…
Luno launches investment arm to support fintech and crypto startups

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…
Kenyan fintech 4G Capital raises $18.5M from Lightrock

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. …
Bank of Ghana Suspends Fintech Operator Dash

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…
15 African Startups Qualify for Google’s Accelerator Bootcamp

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…
Four Kenyan Startups among 12 Selected for Microsoft Accelerator Programme.

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.…
Six finalists of the Africa No Filter Competition set to receive upto $30,000 funding

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”…
Vehicle financing startup Moove secures $105 million for expansion

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…
OkHi Aims to give the 4 billion people in Africa a Verifiable Digital Address

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…
YC-backed Curacel unveils new platform to enable tech companies offer insurance

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…
Standard Chartered Bank opens applications for its 5th cohort of its Women in Tech program

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…
BasiGo Flags off first Electric Buses in Kenya, Pilots with CitiHoppa and East Shuttle

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…
Dream VC opens applications for its VC Fellowship Program in Africa

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.…
26 startups selected to join African Tech Vision’s 2nd Mentorship Program for African Female Founders

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…
Glovo launches pitch competition for tech startups in Kenya

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…
Microsoft to support 10,000 African startups over the next five years

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…
Mozilla Common Voice announces $400K in grants for Kiswahili voice tech projects in East Africa

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…
South African fintechs Payflex and Merchant Capital launch cash advance solution for small retailers

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…
M-KOPA raises $75M funding as it hits two million customer milestone

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…
3 Kenyan startups selected for Catalyst Fund fintech accelerator

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…
Kenyan food-tech startup Kune starts commercial operations in Nairobi, unveils new mobile app

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…
B2B eCommerce platform TradeDepot acquires Accra-based Green Lion to accelerate expansion across Ghana

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…
Milken Institute and Motsepe Foundation Announce Milken-Motsepe Prize in AgriTech Finalists

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…
Kenyan startup MarketForce raises $40M to scale its merchant inventory financing program

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…
African fintech Flutterwave rebrands, introduces new products and services

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…
[African Startup Review] Pie Kamau: Nigerian fintech Flutterwave is now Africa’s highest valued Unicorn

[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…
BitKE to host a webinar on startup funding in Africa, register to attend now

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…
Moringa School expands to Ghana in new partnership with Impact Hub Accra

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…
African fintech Flutterwave valuation rises to over $3B after $250M Series D funding

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.…
SA Online home services platform SweepSouth launches its Connect service in Kenya

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…
Haskè Ventures announces a $150K investment in Senegalese retail-tech startup ProXalys

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…
Sendy fulfillment service crosses 1,000 online sellers

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…
Remedial Health raises $1 million pre-seed funding to digitize African pharmacies

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.…
DCA extends application deadline for Miss. Africa Seed-Fund Impact Program

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…
European Bank invests $10M in Egypt’s bus-hailing company Swvl

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.…
Oracle commits $1M to support African tech startups

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…
Egyptian digital investment startup Thndr raises $20m to democratize investing in the MENA region

Egyptian digital investment startup Thndr raises $20m to democratize investing in the MENA region

Thndr, the Egyptian digital investment platform has announced a new $20 million series A investment round. The funding was co-led…
Insurtech startup Casava secures $4m pre-seed funding to provide affordable insurance for millions of Nigerians

Insurtech startup Casava secures $4m pre-seed funding to provide affordable insurance for millions of Nigerians

Nigeria’s digital insurance company Casava has secured US$4 million in pre-seed funding to provide affordable and accessible insurance products for…
Kenyan insurtech startup Lami acquires Bluewave Insurance Agency for an undisclosed amount

Kenyan insurtech startup Lami acquires Bluewave Insurance Agency for an undisclosed amount

Kenyan insurtech startup Lami Technologies has acquired Bluewave Insurance Agency, another Kenyan-based insurtech startup for an undisclosed amount. Bluewave leverages mobile…
Kenyan logistics startup Amitruck raises $4M funding to expand across Africa

Kenyan logistics startup Amitruck raises $4M funding to expand across Africa

Kenya-based digital trucking logistics startup Amitruck has secured $4 million in seed funding to expand its operations across Africa. The…
Wealth-tech startup Ndovu launches in Kenya to provide users with easy access to global financial market

Wealth-tech startup Ndovu launches in Kenya to provide users with easy access to global financial market

Wealth-tech startup Ndovu has today officially launched in Kenya. Founded by Radhika Bhachu, Ro Nyangeri, and Gianpaolo De Biase, Ndovu…
African fintech mobility startup Moove raises $10 million financing from NBK Capital Partners

African fintech mobility startup Moove raises $10 million financing from NBK Capital Partners

African fintech mobility startup Moove has closed a US$10 million financing facility from NBK Capital Partners. Moove is Uber’s exclusive…
South African fintech startup CompariSure raises $980k pre-Series A funding for expansion

South African fintech startup CompariSure raises $980k pre-Series A funding for expansion

South African fintech startup CompariSure has raised $980,000 in pre-Series A funding round for expansion in the South African market.…
Five Kenyan startups shine at JICA’s NINJA Accelerator second demo day

Five Kenyan startups shine at JICA’s NINJA Accelerator second demo day

Shamba Pride, Saada Tech, Kijenzi, M-Paya Energy, and MyMovies.Africa are the five startups that shined during the second Demo Day of…
African Focused VC Firm TLcom Secures First Close of $150mn Pan-African Tech Fund

African Focused VC Firm TLcom Secures First Close of $150mn Pan-African Tech Fund

TLcom, the Africa-focused venture capital firm has announced a first close of $70mn for its $150mn Africa focused tech fund…
Tech startups key to Africa’s digital transformation but urgently need investment, report

Tech startups key to Africa’s digital transformation but urgently need investment, report

The World Economic Forum’s latest report, “Attracting Investment and Accelerating Adoption for the Fourth Industrial Revolution in Africa” analyses the…
Call for startups to Pitch Live at 2022 Africa Startup Summit in Nairobi

Call for startups to Pitch Live at 2022 Africa Startup Summit in Nairobi

Africa Tech Summit has opened applications to the 2022 edition of Pitch Live at the fourth Africa Startup Summit. The…
Kenyan Mobile commerce platform Copia raises $50 Million to ramp up African expansion

Kenyan Mobile commerce platform Copia raises $50 Million to ramp up African expansion

Kenyan-based mobile commerce platform Copia has raised $50 million in a Series C equity round led by Goodwell Investments. Copia…
Kenyan low-cost ISP Poa Internet raises $28 million funding

Kenyan low-cost ISP Poa Internet raises $28 million funding

Kenyan low-cost internet service provider Poa Internet has closed a $28 million round of funding led by Africa50. Poa Internet…
Kenyan fintech startup Zanifu raises $1M funding, eyes Ghana and Uganda expansion

Kenyan fintech startup Zanifu raises $1M funding, eyes Ghana and Uganda expansion

Kenyan fintech startup Zanifu has closed a $ 1 million seed round to scale its business and improve on its…
Canadian fintech startup Periculum launches in Nigeria to build credit assessment infrastructure for Africa

Canadian fintech startup Periculum launches in Nigeria to build credit assessment infrastructure for Africa

Canadian fintech startup and credit assessment company Periculum, has launched in Nigeria to tackle the challenge of domestic credit to…
Sankore Pitch Competition is coming to Nairobi targeting blockchain startups

Sankore Pitch Competition is coming to Nairobi targeting blockchain startups

Nairobi-headquartered blockchain community Sankore is launching the Sankore Pitch Competition Tour (PCT) in Nairobi.  The pitching competition is targeting startups…
Kenyan BNPL Startup Lipa Later Secures $12M funding to Expand Across Africa

Kenyan BNPL Startup Lipa Later Secures $12M funding to Expand Across Africa

Kenyan buy-now-pay-later (BNPL) startup Lipa Later has raised $12 million funding from a consortium of investors to expand its operations…
Bolt raises €628M, its largest funding ever, to boost growth

Bolt raises €628M, its largest funding ever, to boost growth

Ride-sharing and food courier service Bolt has raised €628 million at a valuation of €7.4 billion. The round is Bolt’s…
Ivorian e-commerce startup Afrikrea raises $6.2M in pre-Series A, rebrands to “ANKA”

Ivorian e-commerce startup Afrikrea raises $6.2M in pre-Series A, rebrands to “ANKA”

Afrikrea, an Ivorian e-commerce startup has raised $6.2M pre-Series A round led by Investisseurs & Partenaires. The startup has also…
Egyptian fintech startups called to apply for Orange Ventures seed challenge

Egyptian fintech startups called to apply for Orange Ventures seed challenge

Orange Ventures has opened applications for its Seed Challenge that will see the VC form award one fintech startup from…
Kenyan fintech startup Alvin raises $740,000 pre-seed funding

Kenyan fintech startup Alvin raises $740,000 pre-seed funding

Kenyan fintech startup Alvin has raised a $740,000 pre-seed funding round led by Nigerian venture capital firm, Ingressive Capital. Other…
Nigeria’s CcHUB invested in over 11 high-growth African startups in 2021

Nigeria’s CcHUB invested in over 11 high-growth African startups in 2021

Nigeria’s technology innovation centre Co-creation Hub (CcHUB) invested in over 11 tech startups in Africa in 2021 through its new…
Ghanaian health tech startup mPharma secures $35million Series D funding for expansion

Ghanaian health tech startup mPharma secures $35million Series D funding for expansion

Ghanaian health tech startup mPharma has raised $35 million in a Series D round led by Citigroup Inc. Other investors…
The Tony Elumelu Foundation opens applications for its $5000 2022 Entrepreneurship Programme

The Tony Elumelu Foundation opens applications for its $5000 2022 Entrepreneurship Programme

The Tony Elumelu Foundation (TEF) has opened applications for the 2022 TEF Entrepreneurship Programme. The programme is open to African…
SA Online home services platform, SweepSouth acquires Egyptian start-up, Filkhedma

SA Online home services platform, SweepSouth acquires Egyptian start-up, Filkhedma

South Africa’s online home services platform, SweepSouth has announced its acquisition of Egyptian startup, Filkhedma as it continues its African…
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