Startups

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

Here are the five startups pitching at the 2023 Visa Everywhere Initiative Kenya edition

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

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

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

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

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

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

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

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

$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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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…
Winners of the Mastercard Women SME Leaders Awards 2023 Announced

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 

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

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

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

[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

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

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

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

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

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

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

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

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

Dream VC Opens Applications for its 2023 Talent Accelerator Program in Africa

Dream VC, a Remote Venture Capital Upskilling Institute, has opened applications for its 2023 Accelerator Program for VCs in Africa. …
Kenyan insurtech startup Turaco and Airtel Money launch low-cost hospital cash insurance product

Kenyan insurtech startup Turaco and Airtel Money launch low-cost hospital cash insurance product

Turaco, the Kenyan insurtech startup has partnered with Airtel Mobile and Prudential Assurance to launch a low-cost hospital cash insurance…
Factor[e] Ventures launches new venture studio for African startups

Factor[e] Ventures launches new venture studio for African startups

Factor[e] Ventures has launched a new venture studio targeting tech startups in Africa. Known as Delta40, the studio aims to…
Kenyan startup ecosystem has a significant competitive edge globally, report

Kenyan startup ecosystem has a significant competitive edge globally, report

A comprehensive, in-depth report funded by the UK government has given Kenya’s startup ecosystem a thumbs up, noting that it…
Flutterwave Secures Two Additional Licenses to Operate in Rwanda

Flutterwave Secures Two Additional Licenses to Operate in Rwanda

Nigerian remittance company Flutterwave has announced that it has received its Electronic Money Issuer and Remittance Licenses from the National…
[Nigeria] Fintech startup OnePipe raises $4.8m to reach more SMEs

[Nigeria] Fintech startup OnePipe raises $4.8m to reach more SMEs

Nigerian fintech startup, OnePipe, has secured $4.8 million in debt funding from TLG Capital to drive the company’s inventory finance…
Microsoft ADC launches Season 4 of university students’ coding competition

Microsoft ADC launches Season 4 of university students’ coding competition

University students from across Kenya and some parts of Africa can now apply to participate in season 4 of the…
ARM Labs Lagos Techstars Accelerator Concludes Inaugural Program with Demo Day

ARM Labs Lagos Techstars Accelerator Concludes Inaugural Program with Demo Day

Techstars, in partnership with Lagos-based innovation program ARM Labs, marked the completion of its inaugural ARM Labs Lagos Techstars Accelerator…
[Nigeria] Government launches a $672 million fund to support tech startups

[Nigeria] Government launches a $672 million fund to support tech startups

Nigeria has set aside a $672 million fund to support young investors in the tech and creative industries, The introduction…
African fintech Chipper Cash reportedly searching for a buyer

African fintech Chipper Cash reportedly searching for a buyer

Nigerian remittance company Chipper Cash is reportedly considering a sale, according to a report by  Bloomberg. The company, which is…
Startups Invited to Apply for iHub and Mastercard EdTech Accelerator Program 

Startups Invited to Apply for iHub and Mastercard EdTech Accelerator Program 

iHub  Kenya has announced a partnership with Mastercard Foundation, aimed at empowering Edtech startups in Africa through an Accelerator Program.…
13th edition of Orange Social Venture Prize in Africa launched

13th edition of Orange Social Venture Prize in Africa launched

Orange has opened applications for the 13th edition of its Social Venture Prize in Africa and the Middle East (POESAM).…
Google opens applications for 3rd cohort of Black Founders Fund 2023 for Africa

Google opens applications for 3rd cohort of Black Founders Fund 2023 for Africa

Google has opened applications for this year’s Black Founders Fund for Startups in Africa and Europe. Startups from Africa applying…
Andela acquires technical skills assessment platform Qualified for an undisclosed sum

Andela acquires technical skills assessment platform Qualified for an undisclosed sum

Andela, the Tech talent company has announced that it has acquired Qualified, a technical skills assessment platform for an undisclosed…
Kenya’s Elizabeth Mwangi wins the $30k Aurora Tech Award 2023 for her ‘Mama Fua’ app

Kenya’s Elizabeth Mwangi wins the $30k Aurora Tech Award 2023 for her ‘Mama Fua’ app

Elizabeth Mwangi, the founder of Gwiji, the Kenyan startup that economically empowers women from the slums of Nairobi is the…
Flutterwave reportedly lost $4 million to hackers in early February

Flutterwave reportedly lost $4 million to hackers in early February

Nigerian fintech Flutterwave has reportedly lost $4 million to hackers who penetrated the company’s systems in early February. The money…
Empowering African SMEs: Cladfy’s innovative approach to accessing capital

Empowering African SMEs: Cladfy’s innovative approach to accessing capital

Sub-Saharan Africa is currently home to 44 million micro, small, and medium-sized enterprises (SMEs). All of which serve as a…
Kenya’s alphabloQ is helping more Africans secure their future through real estate investments

Kenya’s alphabloQ is helping more Africans secure their future through real estate investments

Following the impact of the Covid-19 pandemic, economic uncertainty heightened when global stocks and bonds lost more than $30 trillion…
[South Africa] HealthTech startup Envisionit raises $1.65M to expand medical its imaging services

[South Africa] HealthTech startup Envisionit raises $1.65M to expand medical its imaging services

Envisionit Deep AI, a South African health-tech startup that uses AI to bridge the gap in diagnostic imaging, has raised $1.65m…
Electric vehicle Roam partners with Europe’s Hitachi for transport electrification

Electric vehicle Roam partners with Europe’s Hitachi for transport electrification

Kenyan-based electric vehicle manufacturer Roam has signed a partnership with Hitachi Europe Ltd to make electric transport accessible in Africa.…
SA car-ownership financing startup Planet42 raises $100 million to scale its business  

SA car-ownership financing startup Planet42 raises $100 million to scale its business  

South African Car Subscription Startup Planet42 has raised $100 million in combined equity and debt funding. Launched in 2017, Planet42…
Kenyan HR payroll startup WorkPay raises $2.7M funding to scale across Africa

Kenyan HR payroll startup WorkPay raises $2.7M funding to scale across Africa

WorkPay, a Kenyan HR management startup launched in 2019 has raised $2.7M to scale its operations across Africa. The full-stack…
AfricaGoGreen Fund closes $47 million to support tech-focused green projects in Africa

AfricaGoGreen Fund closes $47 million to support tech-focused green projects in Africa

The AfricaGoGreen Fund (AGGF) has raised $47 million in combined investments from top financial organizations, including the International Finance Corporation…
Kenyan construction tech startup Jumba has raised $4.5M seed funding

Kenyan construction tech startup Jumba has raised $4.5M seed funding

Jumba, Kenya’s construction startup has raised $4.5M in a seed funding round. The startup facilitates retailers of construction materials to…
CcHUB to launch $15 million accelerator for the ed-tech startups in Kenya and Nigeria

CcHUB to launch $15 million accelerator for the ed-tech startups in Kenya and Nigeria

Co-Creation Hub (CcHUB), touted as Africa’s largest innovation and incubation hub, has announced it is launching a $15 million accelerator…
Chipper Cash reportedly lays off more than 100 employees

Chipper Cash reportedly lays off more than 100 employees

After laying off 13% of its workforce in December last year, cross-border payments startup Chipper Cash is reportedly sending more…
South Africa’s AI-based insurtech startup Naked raises $17 million Series B round

South Africa’s AI-based insurtech startup Naked raises $17 million Series B round

There have been significant efforts to increase insurance uptake across Africa, where reports show a very low market penetration for…
Kenyan fintech Power raises $3 million in seed funding

Kenyan fintech Power raises $3 million in seed funding

Power Financial Wellness, a Kenyan fintech startup that seeks to advance the financial well-being of its customers has secured a…
Nigerian mobility startup Treepz launches its operations in Kenya

Nigerian mobility startup Treepz launches its operations in Kenya

Treepz, a Nigerian-based mobility startup that offers diverse car-renting options for its customers has announced its entry into the Kenyan…
Kenya’s BuuPass raises $1.3m to digitise transport ticketing in East Africa

Kenya’s BuuPass raises $1.3m to digitise transport ticketing in East Africa

BuuPass, a digital bus ticketing company founded in 2016, has raised $1.3m in pre-seed round to expand its transport solutions…
Flutterwave obtains license to operate in Egypt

Flutterwave obtains license to operate in Egypt

Flutterwave, the Nigerian fintech company has obtained licenses to operate in Egypt as a payment service provider. This allows the…
Saudi Arabia-based HR tech platform, Palm.hr raises $5 million to expand across MENA

Saudi Arabia-based HR tech platform, Palm.hr raises $5 million to expand across MENA

Palm.hr, a Saudi Arabian HR firm that automates payroll, tracks leaves and absences and monitors employee performance has secured $5…
Egyptian fintech MNT-Halan is Africa’s newest Unicorn after raising $400M

Egyptian fintech MNT-Halan is Africa’s newest Unicorn after raising $400M

Egyptian fintech startup MNT-Halan has become Africa’s newest unicorn after raising $400 million in debt and equity funding, raising its…
Tech Nation, a UK-Based non-profit tech talent acquisition firm is shutting down

Tech Nation, a UK-Based non-profit tech talent acquisition firm is shutting down

For slightly over one decade, Tech Nation, a non-profit UK-based organization has been providing assistance to global tech talent, outsourcing…
India’s Food supply chain startup WayCool Foods is expanding its tech arm CENSA to Africa

India’s Food supply chain startup WayCool Foods is expanding its tech arm CENSA to Africa

WayCool Foods, India’s leading food and agri-tech platform is expanding its tech arm CENSA into the African market.  The strategic…
Africa’s mobility startup eWaka has secured a $540k loan from SECO

Africa’s mobility startup eWaka has secured a $540k loan from SECO

Kenyan mobility solutions provider eWaka has secured a $540,000 loan from the State Secretariat for Economic Affairs (SECO) of the…
Nigerian fintech startup Trade Lenda has raised $520k in pre-seed round

Nigerian fintech startup Trade Lenda has raised $520k in pre-seed round

Trade Lenda, a Nigerian fintech startup that helps micro, small, and informal retailers with access to financing for their business…
South African grocery delivery startup Yebo Fresh raises 4.5 million in pre-Series A 

South African grocery delivery startup Yebo Fresh raises 4.5 million in pre-Series A 

Yebo Fresh, a South African grocery delivery startup has raised $4.5m in a pre-series A equity funding round. The pre-series…
[Kenya] Government drops fraud charges against Nigerian fintech Flutterwave

[Kenya] Government drops fraud charges against Nigerian fintech Flutterwave

The Kenyan government has dropped charges of financial impropriety against Flutterwave Inc. This is according to a new report by…
South African digital lender Lulalend has bagged $35M Series B funding

South African digital lender Lulalend has bagged $35M Series B funding

Lulalend, a South African digital lender offering funding options for businesses has raised $35M in Series B funding. The round…
Two Kenyan startups among 12 selected for ARM Labs Techstars Accelerator

Two Kenyan startups among 12 selected for ARM Labs Techstars Accelerator

Two Kenyan startups, Cladfy and alphabloQ have been selected to join the inaugural class of ARM Labs  Techstars Accelerator, a…
Women founders in Africa invited to apply for Google’s new accelerator program

Women founders in Africa invited to apply for Google’s new accelerator program

Google on Tuesday announced a women accelerator program aimed at providing resources and opportunities for women founders in Africa. The…
SWVL cancels its $40 million acquisition deal of Turkey’s Volt Lines

SWVL cancels its $40 million acquisition deal of Turkey’s Volt Lines

Egyptian transport company SWVL has had a mix of good and bad fortunes in different markets. It has attempted to…
[Interview] Sendy’s Don Okoth on shaping the future of logistics and fulfillment in Africa

[Interview] Sendy’s Don Okoth on shaping the future of logistics and fulfillment in Africa

The logistics and fulfillment sector in Africa continues to thrive, driven by innovative technology that boosts efficiency and propels business…
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