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
July 4, 2023
Here are the five startups pitching at the 2023 Visa Everywhere Initiative Kenya edition
Payments firm Visa has unveiled the five finalists shortlisted for the final round of the 2023 Visa Everywhere Initiative (VEI).…
Digital retail distributor Kyosk Digital acquires KwikBasket, expands into fresh produce market
July 4, 2023
Digital retail distributor Kyosk Digital acquires KwikBasket, expands into fresh produce market
Many farmers in Africa face numerous challenges due to fragmented and inefficient distribution chains for agricultural produce. Farmers often struggle…
MYDAWA raises $20m funding from Alta Semper Capital, acquires Uganda’s pharmacy chain Guardian Health
July 3, 2023
MYDAWA raises $20m funding from Alta Semper Capital, acquires Uganda’s pharmacy chain Guardian Health
MYDAWA, the Kenyan health-tech startup famous for its e-pharmacy platform has received a US $20 million capital injection from private…
Power Learn Project Alumni Startup, Payd, Wins Mozilla Africa Mradi Innovation Challenge Grant
June 29, 2023
Power Learn Project Alumni Startup, Payd, Wins Mozilla Africa Mradi Innovation Challenge Grant
Payd has been named among the winners of the prestigious Mozilla Africa Mradi Innovation Challenge, a competition sponsored by Mozilla…
Kenyan mobility startup Stima secures 100k euro investment from develoPPP Ventures
June 25, 2023
Kenyan mobility startup Stima secures 100k euro investment from develoPPP Ventures
Stima Mobility, the Kenyan startup providing green tech solutions for the moto-taxi sector (boda boda riders) has secured 100,000 euro in…
15 Women-led startups selected to join Cohort 6 of Standard Chartered’s Women in Tech program
June 23, 2023
15 Women-led startups selected to join Cohort 6 of Standard Chartered’s Women in Tech program
Standard Chartered Kenya in partnership with @iBizAfrica- Strathmore University has announced the fifteen women-led startups that will be joining the…
Renewable energy firm Africa REN secures €32M for its Walo Storage project in West Africa
June 23, 2023
Renewable energy firm Africa REN secures €32M for its Walo Storage project in West Africa
Africa REN, a leading renewables project developer in West Africa has received a €32M debt financing of its Walo Storage…
5 Kenyan startups among the 25 selected to receive $4M Google for Startups’ Black Founders Fund
June 21, 2023
5 Kenyan startups among the 25 selected to receive $4M Google for Startups’ Black Founders Fund
Five Kenyan startups are among the twenty-five from across Africa that have been selected for this year’s $ 4 Google…
$50k up for grabs in the 2023 edition of the Ecobank Fintech Challenge in Africa
June 21, 2023
$50k up for grabs in the 2023 edition of the Ecobank Fintech Challenge in Africa
Ecobank Group has opened applications for the 6th edition of its Ecobank Fintech Challenge. The application is open to fintech entrepreneurs from…
Visa launches its fintech accelerator program for startups in Africa
June 14, 2023
Visa launches its fintech accelerator program for startups in Africa
Visa on Wednesday announced the launch of the new Africa Fintech Accelerator program for African startups. The program seeks to…
Epson Makes Additional Investment in Space Robotics Development StartUp GITAI
June 13, 2023
Epson Makes Additional Investment in Space Robotics Development StartUp GITAI
Seiko Epson Corporation and its subsidiary Epson X Investment Corporation recently made an additional investment in GITAI Japan Inc., a…
Nigeria health-tech Helium Health raises $30m Series-B funding
June 9, 2023
Nigeria health-tech Helium Health raises $30m Series-B funding
Helium Health, the Lagos-based health tech firm Helium has raised $30 million in Series-B funding The funding round was led…
Ravin brings its AI-Based Visual Vehicle Inspection Tech to South Africa
June 8, 2023
Ravin brings its AI-Based Visual Vehicle Inspection Tech to South Africa
Ravin AI, an Israel and U.K.-based startup developing AI to autonomously inspect vehicles for damage has expanded to South Africa. …
Ampersand now has more than 1,000 electric motorcycles on Rwanda and Kenyan roads
June 8, 2023
Ampersand now has more than 1,000 electric motorcycles on Rwanda and Kenyan roads
Ampersand, the Kigali-based electric motorcycle startup now has more than 1,000 commercial-use electric motorcycles on the roads in Rwanda and Kenya. This…
LemFi launches its diaspora remittance services in Kenya
June 6, 2023
LemFi launches its diaspora remittance services in Kenya
LemFi, the cross-border payment solution that enables the diaspora community to send and receive money back home has formally launched…
Google Africa, C. Moore Media and Allison+Partners partner for the 4th edition of Female Mentorship Program
June 5, 2023
Google Africa, C. Moore Media and Allison+Partners partner for the 4th edition of Female Mentorship Program
C. Moore Media and Allison+Partners have opened applications for the fourth edition of The Future is Female Mentorship Program. The…
Regional winners of the Global Startup Awards Africa announced
June 2, 2023
Regional winners of the Global Startup Awards Africa announced
Seventy-one startups from across Africa have been named regional winners at this year’s Global Startup Awards (GSA) Africa – the largest, independent startup ecosystem competition…
Youverify Officially Brings its Full Cycle Compliance Solutions to Kenya
May 26, 2023
Youverify Officially Brings its Full Cycle Compliance Solutions to Kenya
Youverify, the regtech company building full-cycle global compliance products for businesses has officially entered the Kenyan market. The move is…
Maasai inventor named as a finalist for the Young Inventors Prize
May 23, 2023
Maasai inventor named as a finalist for the Young Inventors Prize
Kenya’s Richard Turere has been named among one of three finalists for the second edition of the Young Inventors Prize.…
Nigerian Edtech Startup uLesson Gets License To Launch Online University
May 22, 2023
Nigerian Edtech Startup uLesson Gets License To Launch Online University
Nigerian ed-tech, uLesson, has secured an online university license for Miva University, its new platform for tertiary education. Founded in…
African Climate Tech Startup Amini Raises $2 million
May 18, 2023
African Climate Tech Startup Amini Raises $2 million
Amini, an early-stage company focused on solving Africa’s environmental data gap through Artificial Intelligence and satellite technology, has raised $2M…
Nigerian Based Startup Figorr Raises $1.5M in Seed Funding
May 17, 2023
Nigerian Based Startup Figorr Raises $1.5M in Seed Funding
Nigerian-based cold-chain startup Figorr has secured $1.5 million in seed funding and has since rebranded from Grcd to Figorr. Its…
Egypt-based VC DisrupTech Raises $5 Million Investment From Proparco
May 16, 2023
Egypt-based VC DisrupTech Raises $5 Million Investment From Proparco
Proparco, a subsidiary of the AFD Group focusing on private sector development, has announced an investment in an early-stage venture…
M-KOPA raises $250M in debt, equity to scale its asset finance platform across Africa
May 15, 2023
M-KOPA raises $250M in debt, equity to scale its asset finance platform across Africa
Asset financing platform M-Kopa has raised $250m in new funding to expand its services across Sub-Saharan Africa. The funding includes…
Nigerian Startup Slashes Paperwork for Doctors Across Africa Using AI
May 12, 2023
Nigerian Startup Slashes Paperwork for Doctors Across Africa Using AI
As a medical doctor in Nigeria, Tobi Olatunji knows the stress of practicing in Africa’s busy hospitals. As a machine-learning…
B2B E-commerce startup Wasoko to invest over $1 million in Zambia
May 11, 2023
B2B E-commerce startup Wasoko to invest over $1 million in Zambia
Wasoko has revealed plans to invest over $1 million in Zambia. The B2B retail and e-commerce made this announcement even…
South African healthtech startup Guidepost unveils chatbot to help diabetic patients manage their condition
May 10, 2023
South African healthtech startup Guidepost unveils chatbot to help diabetic patients manage their condition
One in nine South Africans is affected by diabetes, which is also the number one killer of women and the…
Winners of the Mastercard Women SME Leaders Awards 2023 Announced
May 9, 2023
Winners of the Mastercard Women SME Leaders Awards 2023 Announced
Mastercard has announced the winners of its second edition of the Women SME Leaders Awards. The award celebrates the achievements…
10 startups selected for the inaugural Qualcomm Make in Africa Mentorship program
May 5, 2023
10 startups selected for the inaugural Qualcomm Make in Africa Mentorship program
Qualcomm has announced the 10 startups selected to participate in the inaugural Make in Africa startup mentorship program. The program…
Nigeria’s PSP Nomba raises $30 million Pre-Series B
May 2, 2023
Nigeria’s PSP Nomba raises $30 million Pre-Series B
Nigerian payment service provider Nomba has raised a $30 million Pre-Series B funding round to support the delivery of bespoke…
Kibo Africa to increase its manufacturing capacity to 50k bikes per year
April 28, 2023
Kibo Africa to increase its manufacturing capacity to 50k bikes per year
Kibo Africa has revealed plans to quintuple its motorcycle production annual capacity in the next three years. The Kenyan-based manufacturer…
Payday re-launches in Rwanda, partners with Starlink to enable internet access
April 26, 2023
Payday re-launches in Rwanda, partners with Starlink to enable internet access
Pan-African payments startup PayDay has re-launched in Rwanda and announced a partnership that will enable Startlink customers to purchase their…
42Markets raises $10 million from Convergence Partners
April 25, 2023
42Markets raises $10 million from Convergence Partners
42Markets Group, the financial and capital markets fintech investment group, has secured $10 million from Convergence Partners, to grow and…
Nigerian online training provider Blurpe launches talent linking tool
April 24, 2023
Nigerian online training provider Blurpe launches talent linking tool
Nigerian online training company Blurpe has launched a new product dubbed Talent Pool, aimed at linking marketing specialists in Africa…
African blockchain startups raised $474 million in 2022, Crypto Valley report says
April 24, 2023
African blockchain startups raised $474 million in 2022, Crypto Valley report says
The growth of the African crypto market has been remarkable in spite of the ongoing crunch the industry is experiencing…
Nigerian counterfeit tracking startup Chekkit has raised undisclosed amount of funding
April 21, 2023
Nigerian counterfeit tracking startup Chekkit has raised undisclosed amount of funding
Nigerian startup Chekkit has secured an undisclosed amount of funding to help it scale its blockchain-powered drug safety and tracking…
Tunisia’s gaming platform CoaChess raises $191k to revolutionalize chess gaming using AI
April 21, 2023
Tunisia’s gaming platform CoaChess raises $191k to revolutionalize chess gaming using AI
The gaming industry in Africa has been experiencing commendable growth, as more developers build innovative products that are gaining popularity.…
SA agritech startup FarmTrace raises funding to scale its solutions
April 20, 2023
SA agritech startup FarmTrace raises funding to scale its solutions
South African agri-tech startup FarmTrace has raised an undisclosed amount of funding from Secha Capital and Hassium Capital. The company…
Copia suspends its recently established Uganda operations
April 19, 2023
Copia suspends its recently established Uganda operations
A few months after opening new facilities in Uganda, Copia now says it’s suspending its operations in the country. The…
Nigeria’s Autochek Acquires Majority Stake in Egypt’s Car-Buying Platform AutoTager
April 19, 2023
Nigeria’s Autochek Acquires Majority Stake in Egypt’s Car-Buying Platform AutoTager
Nigerian automotive technology company Autochek has acquired a majority stake in AutoTager, an Egyptian automotive technology company that makes it…
Flutterwave selects Nairobi, Kenya as its regional headquarters for East Africa
April 18, 2023
Flutterwave selects Nairobi, Kenya as its regional headquarters for East Africa
Flutterwave, the African fintech firm is setting up its regional headquarter for East Africa in Nairobi Kenya. This announcement was…
Visa Everywhere Initiative 2023 applications open in Kenya
April 18, 2023
Visa Everywhere Initiative 2023 applications open in Kenya
Payments firm Visa has opened applications for the 2023 edition of the Visa Everywhere Initiative (VEI). The global open innovation…
Nigerian health-tech startup Healthlane is restructuring as it struggles to remain afloat
April 13, 2023
Nigerian health-tech startup Healthlane is restructuring as it struggles to remain afloat
Nigerian health-tech startup Healthlane has announced plans to change its business model, following months of operational struggles and little business.…
Kenyan agritech Victory Farms raises $35 million Series B funding
April 13, 2023
Kenyan agritech Victory Farms raises $35 million Series B funding
Victory Farms, a Kenya-based aquaculture startup operating around Lake Victoria has raised $35 million in Series B round. Previously the…
Mama Fua among seven startups awarded Ksh1 million each by Mozilla
April 12, 2023
Mama Fua among seven startups awarded Ksh1 million each by Mozilla
Seven startups from Uasin Gishu county have received Ksh. 1 million each from Mozilla and the Gladys Boss Foundation to…
DFC invests $25 million in Pan-African VC firm Novastar Ventures
April 10, 2023
DFC invests $25 million in Pan-African VC firm Novastar Ventures
The U.S International Development Finance Corporation (DFC) has invested $25 million in a new fund by Pan-African venture capital firm…
Tanzania’s CHIL Femtech Center launches telemedicine product for students across Africa
April 10, 2023
Tanzania’s CHIL Femtech Center launches telemedicine product for students across Africa
CHIL Femtech Center, an entity under the CHIL AI Lab Group, has launched a new technology to improve health care…
This African startup hopes to make delivery of small parcels cheaper
April 6, 2023
This African startup hopes to make delivery of small parcels cheaper
SkyCliQ, a startup hoping to democratize the small parcel delivery segment has launched its waitlist for community-based shopping and delivery.…
[Nigeria] Mobility Startup Shuttlers Has Raised $4M for Expansion
April 5, 2023
[Nigeria] Mobility Startup Shuttlers Has Raised $4M for Expansion
Nigerian shared mobility startup Shuttlers has raised $4 million in a new funding round to facilitate expansion. The startup was…
Connected Summit 2023: Government reiterates its commitment to support local startups
April 3, 2023
Connected Summit 2023: Government reiterates its commitment to support local startups
Prime Cabinet Secretary Musalia Mudavadi has reiterated the government’s commitment to promoting technology and innovation in the country by supporting…
Fintech startup PayDay raises $3 million in seed funding
March 30, 2023
Fintech startup PayDay raises $3 million in seed funding
PayDay, the pan-African fintech startup has raised $3 million in seed funding. The round was led by Moniepoint Inc, with…
Zuri Health Launches digital outpatient service for SMEs
March 29, 2023
Zuri Health Launches digital outpatient service for SMEs
Zuri Health, the Kenyan health-tech has launched a new digital outpatient service designed specifically for small and medium-sized enterprises (SMEs).…
Nigeria’s Autochek appoints US automotive industry veteran Robert Granados to its board
March 28, 2023
Nigeria’s Autochek appoints US automotive industry veteran Robert Granados to its board
Autochek, the Nigerian startup making car ownership more accessible and affordable across Africa has appointed US automotive industry leader and…
AWS opens applications for its inaugural FinTech Africa Accelerator : How to apply
March 27, 2023
AWS opens applications for its inaugural FinTech Africa Accelerator : How to apply
Amazon Web Services’ Startup Loft Accelerator has announced the inaugural launch of its AWS FinTech Africa Accelerator. The program is…
Fintech firm NALA receives PSP license from Bank of Tanzania
March 27, 2023
Fintech firm NALA receives PSP license from Bank of Tanzania
NALA, the fintech firm payments company born in Tanzania has been granted a Payment Service Provider (PSP) License to operate…
African Market Intelligence Startup Rwazi Raises $4 Million Seed Funding
March 24, 2023
African Market Intelligence Startup Rwazi Raises $4 Million Seed Funding
African market intelligence startup Rwazi has raised a $4 million seed funding round that was led by Bonfire Ventures and…
Kenyan e-commerce startup Zumi is shutting down
March 23, 2023
Kenyan e-commerce startup Zumi is shutting down
Zumi, a Kenyan B2B e-commerce marketplace connecting retailers of non-food products to suppliers is reportedly closing shop after failing to…
Dream VC Opens Applications for its 2023 Talent Accelerator Program in Africa
March 22, 2023
Dream VC Opens Applications for its 2023 Talent Accelerator Program in Africa
Dream VC, a Remote Venture Capital Upskilling Institute, has opened applications for its 2023 Accelerator Program for VCs in Africa. …
Kenyan insurtech startup Turaco and Airtel Money launch low-cost hospital cash insurance product
March 22, 2023
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
March 22, 2023
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
March 21, 2023
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
March 21, 2023
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
March 20, 2023
[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
March 20, 2023
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
March 17, 2023
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
March 17, 2023
[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
March 15, 2023
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
March 13, 2023
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
March 13, 2023
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
March 10, 2023
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
March 9, 2023
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
March 9, 2023
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
March 6, 2023
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
March 2, 2023
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
March 1, 2023
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
February 27, 2023
[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
February 27, 2023
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
February 23, 2023
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
February 22, 2023
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
February 22, 2023
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
February 21, 2023
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
February 20, 2023
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
February 18, 2023
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
February 16, 2023
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
February 15, 2023
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
February 15, 2023
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
February 13, 2023
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
February 13, 2023
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
February 13, 2023
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
February 9, 2023
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
February 9, 2023
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
February 8, 2023
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
February 8, 2023
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
February 7, 2023
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
February 6, 2023
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
February 5, 2023
[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
February 3, 2023
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
February 2, 2023
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
February 1, 2023
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
January 31, 2023
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
January 30, 2023
[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…
Want to be featured in our African startups section? Drop us an email info@techtrendske.co.ke