Startups
News updates on startups in Africa. Send tips to info@techtrendske.co.ke.
Kenya’s Zuri Health raises an undisclosed amount of funding from Moroccan VC UM6P Ventures
January 27, 2023
Kenya’s Zuri Health raises an undisclosed amount of funding from Moroccan VC UM6P Ventures
Zuri Health has raised an undisclosed amount of funding from Moroccan VC UM6P Ventures. The funds will be used to…
Kenyan startup iGas wants to revolutionalize the LPG industry through digitization
January 25, 2023
Kenyan startup iGas wants to revolutionalize the LPG industry through digitization
iGas, a Kenyan startup that was founded in 2021 is on a mission to turn around the LPG industry which…
BasiGo and AVA to assemble 1,000 electric buses in Kenya
January 24, 2023
BasiGo and AVA to assemble 1,000 electric buses in Kenya
BasiGo, the Kenyan-based electric manufacturer has partnered with the Associated Vehicle Assemblers Ltd (AVA) to assemble its buses in the…
Nigeria’s Commodities Exchange Firm AFEX Expands to Uganda
January 23, 2023
Nigeria’s Commodities Exchange Firm AFEX Expands to Uganda
After expanding its commodities exchange business in Kenya in June last year, Nigeria’s AFEX is now expanding to Uganda. Similar…
11 Startups Selected to Join Cohort 3 of ASIP Accelerator Program
January 23, 2023
11 Startups Selected to Join Cohort 3 of ASIP Accelerator Program
Eleven African startups have been selected to join the third cohort of the Africa Startup Initiative Program (ASIP). The accelerator…
South African Cleaning Tech Startup SweepSouth Exits Kenya
January 23, 2023
South African Cleaning Tech Startup SweepSouth Exits Kenya
SweepSouth, a South African cleaning startup that recorded quick growth through several funding rounds has informed its customers that it’s…
South Africa’s digital enabler Flow has raised $4.5 million to facilitate strategy growth
January 23, 2023
South Africa’s digital enabler Flow has raised $4.5 million to facilitate strategy growth
Flow, a South African company that helps businesses to gain online presence and leverage on digitization has raised $4.5 million…
South Africa’s gaming firm Carry1st raises $27M
January 19, 2023
South Africa’s gaming firm Carry1st raises $27M
The gaming market in Africa continues to grow as more creators, gamers and other stakeholders make significant investments in the…
New social-media platform African Stream seeks to change how African Stories are told
January 18, 2023
New social-media platform African Stream seeks to change how African Stories are told
African Stream, a newly created social-media platform with its headquarters in Nairobi, Kenya brands itself as a tool that seeks…
Two Kenyan firms among 10 African startups selected for $2m Catalyst Fund
January 17, 2023
Two Kenyan firms among 10 African startups selected for $2m Catalyst Fund
Pre-seed venture capital (VC) fund and accelerator Catalyst Fund has announced a US$2 million investment into 10 startups building solutions…
Kenya Fintech startup Kwara Raises $3M Seed Extension
January 16, 2023
Kenya Fintech startup Kwara Raises $3M Seed Extension
Kenyan fintech startup Kwara has raised a $3 million seed extension. The new investment was led by existing backers DOB Equity,…
Bolt is Pioneering Ride-Now Pay-Later Services in Nigeria
January 13, 2023
Bolt is Pioneering Ride-Now Pay-Later Services in Nigeria
Ride-hailing company Bolt has partnered with Nigerian fintech CredPal to introduce ride-now pay-later services to its customers. CredPal is a…
Kenyan fintech Kwara acquires software company IRNET from KUSCCO for an undisclosed sum
January 12, 2023
Kenyan fintech Kwara acquires software company IRNET from KUSCCO for an undisclosed sum
Kenyan fintech firm Kwara has acquired IRNET, a software company which is a subsidiary of the Kenya Union of Savings…
Women-led startups in Africa raised $203.2M in 2022
January 11, 2023
Women-led startups in Africa raised $203.2M in 2022
There has been a significant focus on funding for African-led startups across the globe. Across the continent, several venture capital…
[Ghana] Logistics startup Jetstream raises $13m for expansion
January 10, 2023
[Ghana] Logistics startup Jetstream raises $13m for expansion
Ghanaian e-logistics company Jetstream Africa has announced it raised $13 million in equity and debt pre-Series A financing. The debt…
Fintech is the most vibrant sector in the Kenyan startup landscape, report
January 10, 2023
Fintech is the most vibrant sector in the Kenyan startup landscape, report
A report released by pan-African publication and research firm Disrupt Africa has pointed out fintech as the most vibrant subsector…
Burning Heroes opens applications for its African Edition of Startup Awards
January 5, 2023
Burning Heroes opens applications for its African Edition of Startup Awards
Burning Heroes (BH) Founders Association has announced the launch of its Africa Edition of startup awards. BH says the contest…
Zuri Health’s new Continuous Care Program to offer support to persons with Chronic illnesses
December 22, 2022
Zuri Health’s new Continuous Care Program to offer support to persons with Chronic illnesses
Health-tech startup Zuri Health has launched its Continuous Care Program to offer support to persons with Chronic illnesses. The program…
Kenya’s Clean Energy Startup Mukuru Clean Stoves awarded $1.2 million Earthshot prize for 2022
December 21, 2022
Kenya’s Clean Energy Startup Mukuru Clean Stoves awarded $1.2 million Earthshot prize for 2022
Mukuru Clean Stoves, a clean energy startup providing alternative energy sources to low-income earners in Kenya’s informal settlements has been…
Tanzania’s fintech NALA has expanded to 19 European countries
December 21, 2022
Tanzania’s fintech NALA has expanded to 19 European countries
NALA, a Tanzanian fintech startup known for its remittance services to Africa has expanded to 19 more European countries. The…
Solar energy provider Sun King Raises $70M investment to expand throughout Africa and Asia
December 20, 2022
Solar energy provider Sun King Raises $70M investment to expand throughout Africa and Asia
Pan-African producer of solar energy Sun King has raised $70 million equity investment from LeapFrog Investments and other investors. Sun…
Wara Farm wins Moringa School’s Tech for Climate Action Hackathon
December 20, 2022
Wara Farm wins Moringa School’s Tech for Climate Action Hackathon
Wara Farm has been named the winner of the Technology for Climate Hackathon by Jacob’s Ladder Africa and Moringa School.…
VC fund Ventures Platform closes its pan-African and early-stage fund at $46M
December 15, 2022
VC fund Ventures Platform closes its pan-African and early-stage fund at $46M
Ventures Platform, a pan-African early-stage Venture Capital firm has today announced the final close of its intercontinental fund, at $46M. …
Nigeria’s online furniture store Taeillo raises $2.5 million for expansion
December 14, 2022
Nigeria’s online furniture store Taeillo raises $2.5 million for expansion
Nigerian online store Taeillo has announced a $2.5 million funding round from Aruwa Capital, a growth equity and early-stage investor.…
Africa’s Mobility Financing Startup Moove Raises $30 Million
December 14, 2022
Africa’s Mobility Financing Startup Moove Raises $30 Million
African mobility fintech startup Moove has raised $30 million just a few months after raising $18.4 million to scale its…
Kenyan Edtech company Zeraki Raises $1.8 Million in Seed Funding
December 13, 2022
Kenyan Edtech company Zeraki Raises $1.8 Million in Seed Funding
Kenyan Edtech company Zeraki has raised a $1.8 million seed funding round to enable product catalog growth and regional expansion.…
MEST Africa Opens Applications for its 2024 Training Program
December 13, 2022
MEST Africa Opens Applications for its 2024 Training Program
After announcing five African tech startups that made it to the grand finale of the 2022 Africa Challenge pitch competition,…
Nigeria’s ThriveAgric crowned winner of Visa Everywhere Initiative
December 9, 2022
Nigeria’s ThriveAgric crowned winner of Visa Everywhere Initiative
ThriveAgric, a Nigerian startup that champions technology to transform the payments landscape for smallholder farmers, was crowned winner of the…
African producer of kids content Ubongo receives $27.8 Million from Lego Foundation
December 8, 2022
African producer of kids content Ubongo receives $27.8 Million from Lego Foundation
Africa’s leading creator and producer of children’s educational media, Ubongo has received a $27.8 Million Dollar Award from Lego Foundation…
Nigerian fintech Chipper Cash is the latest company to conduct massive layoffs
December 7, 2022
Nigerian fintech Chipper Cash is the latest company to conduct massive layoffs
Nigerian cross-border payments startup Chipper Cash has laid off nearly 13% of its workforce, reports indicate. Many employees from various…
Local startups to showcase at the UK-Supported Kenya Innovation Week
December 6, 2022
Local startups to showcase at the UK-Supported Kenya Innovation Week
Kenya Innovation Week kicked off in Nairobi on Tuesday to showcase UK-funded programmes that are breaking ground with emerging technologies…
South African VC firm 4Di Capital announces the second close of a new $25 million seed fund
December 6, 2022
South African VC firm 4Di Capital announces the second close of a new $25 million seed fund
South African- based early-stage technology venture capital fund manager 4Di Capital has announced a close of a new US$25 million…
Egyptian supply chain solutions provider OneOrder has raised $3 million
December 6, 2022
Egyptian supply chain solutions provider OneOrder has raised $3 million
Egyptian supply chain solutions company OneOrder has raised $3 million in seed round funding led by Nclude, with participation from…
Leading Identity Verification Startup, Verified.Africa Launches in Kenya
December 6, 2022
Leading Identity Verification Startup, Verified.Africa Launches in Kenya
Verified.Africa, a leading provider of ID verification, document verification, and digital KYC compliance solutions, has launched in Kenya. With this…
Lipa Later acquires SkyGarden for an undisclosed sum
December 5, 2022
Lipa Later acquires SkyGarden for an undisclosed sum
SkyGarden, the e-commerce platform has been acquired by Buy Now Pay Later (BNPL) Lipa Later for an undisclosed sum. Lipa…
Ex-Jumia executives launch new e-commerce platform
December 5, 2022
Ex-Jumia executives launch new e-commerce platform
Former Jumia executives have teamed up to launch a new e-commerce company called “Kapu”. Launched on Monday, the new platform…
Asset Recovery Agency drops fraud charges against Nigerian fintech Kora
December 5, 2022
Asset Recovery Agency drops fraud charges against Nigerian fintech Kora
Kenya’s Asset Recovery Agency (ARA) has dropped fraud charges against Nigerian fintech Kora. The startup was in July accused of…
Lipa Later to acquire popular e-commerce Startup Sky.Garden
December 2, 2022
Lipa Later to acquire popular e-commerce Startup Sky.Garden
Buy Now Pay Later (BNLP) company Lipa Later is acquiring troubled Kenyan e-commerce startup Sky.Garden. This comes about three weeks…
Kenyan Smartphone Reseller Badili Has Raised $2.1 Million in Pre-Seed Funding
December 2, 2022
Kenyan Smartphone Reseller Badili Has Raised $2.1 Million in Pre-Seed Funding
Badili Africa, a company that allows customers to trade in their old phones for new ones at friendly prices has…
Nigerian food-tech Orda raises $3.4 million seed round to digitize African restaurants
November 30, 2022
Nigerian food-tech Orda raises $3.4 million seed round to digitize African restaurants
Nigerian food-tech platform Orda announced has raised a $3.4 million seed round to further digitize food businesses across the continent.…
Twiga Foods Launches Fulfillment Centre To Serve the East African Region
November 29, 2022
Twiga Foods Launches Fulfillment Centre To Serve the East African Region
Agri-tech startup Twiga Foods has launched a multi-million dollar distribution centre aimed at serving manufacturers, brand owners, and farmers across…
M-TIBA Partners With Sweden’s BYON8 to Expand Telehealth Services
November 29, 2022
M-TIBA Partners With Sweden’s BYON8 to Expand Telehealth Services
Kenyan health-tech platform M-TIBA has partnered with Sweden’s online doctors’ platform BYON8 to expand access to telehealth services for its…
Autochek has launched a vehicle financing subsidiary for customers across Africa
November 29, 2022
Autochek has launched a vehicle financing subsidiary for customers across Africa
Autochek, the automotive technology company that is simplifying car ownership across Africa, has announced the launch of Autochek Financial Services.…
Fintech startup Hisa unveils real-time online stocks trading platform
November 28, 2022
Fintech startup Hisa unveils real-time online stocks trading platform
Fintech startup Hisa has launched an application that allows Kenyans to invest in the stock market directly from their phones…
Kenyan Supply Chain and Logistics Startup Leta Secures $3M Funding
November 28, 2022
Kenyan Supply Chain and Logistics Startup Leta Secures $3M Funding
Kenyan supply chain and logistics startup Leta has secured a $3M pre-seed equity round led by 4Di Capital, Chandaria Capital,…
Tanzanian supply chain solutions startup Ramani has raised $32M in equity and debt
November 28, 2022
Tanzanian supply chain solutions startup Ramani has raised $32M in equity and debt
Tanzanian supply chain solutions provider Ramani has raised $32M in debt and equity in a Series A round that was…
Pan-African solar company Solarise Africa raises $33.4M
November 27, 2022
Pan-African solar company Solarise Africa raises $33.4M
Solarise Africa, a pan-African Energy-as-a-Service company that provides reliable and affordable energy solutions across Africa has raised $33.4M to expand…
Modus Africa sets aside $75M to support African AI and blockchain startups
November 21, 2022
Modus Africa sets aside $75M to support African AI and blockchain startups
African AI and blockchain startups are set to benefit from Modus Africa fund, an African –focused venture capital firm under…
Kenyan health-tech startup MYDAWA launches online platform to help in HIV prevention
November 21, 2022
Kenyan health-tech startup MYDAWA launches online platform to help in HIV prevention
Kenyan health-tech startup MYDAWA famous for its e-pharmacy platform has launched the first Kenyan online solution for HIV prevention. The…
Kenya’s agri-tech startup Stable Foods has raised $600k in funding
November 19, 2022
Kenya’s agri-tech startup Stable Foods has raised $600k in funding
Stable Foods, a Kenyan agri-tech startup offering a host of solutions to small-scale farmers has raised $600k in funding. The…
How the fall of FTX impacted Nigeria’s Web3 startup Nestcoin
November 17, 2022
How the fall of FTX impacted Nigeria’s Web3 startup Nestcoin
It’s now emerging that the collapse of American crypto platform FTX last week has had an impact on Nigeria’s Web3…
IFC has launched a $225 million VC subsidiary to fund early-stage African startups
November 17, 2022
IFC has launched a $225 million VC subsidiary to fund early-stage African startups
The International Finance Corporation (IFC) has launched a $225 million venture capital subsidiary to invest in early-stage startups across Africa,…
Kenya-based Electric Vehicle Manufacturer BasiGo has raised $6.6 million in funding
November 16, 2022
Kenya-based Electric Vehicle Manufacturer BasiGo has raised $6.6 million in funding
BasiGo, the Kenyan-based electric manufacturer working to bring EVs for public transportation has raised $6.6 million (Sh804.5 million ), in…
Nigerian Fintech Kuda Wants To Make Remittance From UK To Africa Cheaper
November 15, 2022
Nigerian Fintech Kuda Wants To Make Remittance From UK To Africa Cheaper
As remittances to Africa increase, several firms are finding ways to make it easier, cheaper and more convenient to send…
Sky.Garden will not fold up, it has found a new buyer
November 14, 2022
Sky.Garden will not fold up, it has found a new buyer
In September, news of the impending extinction of popular e-commerce website Sky.Garden caught the tech industry by surprise. When we…
Egyptian B2B marketplace SPEED acquired by UAE-based firm X-ERA
November 13, 2022
Egyptian B2B marketplace SPEED acquired by UAE-based firm X-ERA
UAE-based logistics services provider X-ERA has acquired Egypt’s B2B marketplace SPEED, as part of its international expansion strategy. SPEED connects suppliers…
Kenya’s GrowAgric and Aquarech among startups selected for Katapult Africa Accelerator Programme
November 13, 2022
Kenya’s GrowAgric and Aquarech among startups selected for Katapult Africa Accelerator Programme
Kenyan GrowAgric and Aquarech are among nine startups from across the continent that have been selected for the Katapult Africa…
Kenyan fintech Hisa among 9 African startups selected for the second batch of €7.5 million Startup Wise Guys fund
November 10, 2022
Kenyan fintech Hisa among 9 African startups selected for the second batch of €7.5 million Startup Wise Guys fund
Kenyan fintech Hisa is among the nine African startups selected for the €7.5 million Startup Wise Guys fund. Selected…
Sendy raises an undisclosed amount of funding from Japanese VC MOL PLUS
November 9, 2022
Sendy raises an undisclosed amount of funding from Japanese VC MOL PLUS
Kenyan Fulfillment and Logistics startup Sendy has announced that it has received funding from MOL PLUS the Corporate Venture Capital…
Algeria’s Yassir has raised $150 million in series B funding
November 8, 2022
Algeria’s Yassir has raised $150 million in series B funding
Yassir, an Algerian supper platform that offers ride-hailing, food and grocery delivery as well as financial services on a single…
Quona Capital to invest $332M in fintech startups from emerging markets focusing on financial inclusion
November 8, 2022
Quona Capital to invest $332M in fintech startups from emerging markets focusing on financial inclusion
Emerging markets venture capital firm Quona Capital today announced the final close of $332 million for its Fund III, significantly exceeding…
Nigeria’s Payhippo acquires Maritime Microfinance Bank to expand its customer offerings
November 5, 2022
Nigeria’s Payhippo acquires Maritime Microfinance Bank to expand its customer offerings
Payhippo, a fintech that offers credit facilities to SMEs in Nigeria has acquired Maritime Microfinance Bank (MFB). MFB is a…
MEST Africa Challenge 2022 top 5 finalists announced
November 1, 2022
MEST Africa Challenge 2022 top 5 finalists announced
MEST Africa has announced the five African tech startups that have made it to the grand finale of the 2022…
500 Global Launches its Pan-African Accelerator Manager Bootcamp in Kenya
November 1, 2022
500 Global Launches its Pan-African Accelerator Manager Bootcamp in Kenya
500 Global, a leading venture capital firm is launching its inaugural Bootcamp for Accelerator Managers (BAM) program in Kenya. The…
Flourish Ventures launches Madica, an Africa-focused program to invest in pre-seed stage startups
October 24, 2022
Flourish Ventures launches Madica, an Africa-focused program to invest in pre-seed stage startups
Flourish Ventures, a global fintech venture capital firm has launched Madica, an investment program for pre-seed stage technology startups in…
AI Content Creation Tool Jasper Has Raised $125M in a Series-A funding
October 20, 2022
AI Content Creation Tool Jasper Has Raised $125M in a Series-A funding
Jasper, a fast-growing AI creation tool based in Austin, Texas has raised $125 million in series-A funding round, making it…
15 Fintech startups selected for CATAPULT: Inclusion Africa 2022 program announced
October 20, 2022
15 Fintech startups selected for CATAPULT: Inclusion Africa 2022 program announced
LHoFT has announced the 15 fintech startups that have been selected to participate in the fifth edition of the CATAPULT: Inclusion…
President Buhari signs Nigeria Startup Bill into law
October 20, 2022
President Buhari signs Nigeria Startup Bill into law
As technology-led innovations take centre stage in Africa, countries are putting in place policies to support innovation and accelerate the…
Alibaba Kicks Off One-Month Netpreneur Training Program for Africa
October 20, 2022
Alibaba Kicks Off One-Month Netpreneur Training Program for Africa
Alibaba Global Initiatives (AGI), a professional training arm under Chinese tech giant Alibaba, has enrolled the second class of more…
Electric Vehicle Manufacturer Roam has launched its first mass transit bus in Nairobi
October 20, 2022
Electric Vehicle Manufacturer Roam has launched its first mass transit bus in Nairobi
Kenyan-Swedish electric vehicle manufacturer Roam has launched the first mass transit electric bus to ply various routes in Nairobi. The…
Auto Financing startup Moove raises £15 million financing to scale UK operations
October 19, 2022
Auto Financing startup Moove raises £15 million financing to scale UK operations
Moove, a mobility fintech startup providing auto financing for gig economy drivers has raised £15 million in financing to scale…
Nigerian data and intelligence firm Stears has raised $3.3 Million for expansion to East Africa
October 19, 2022
Nigerian data and intelligence firm Stears has raised $3.3 Million for expansion to East Africa
Nigerian data firm Stears has raised $3.3 million in a seed round in which Serena William’s VC firm Serena Ventures…
Wasoko dismisses reports that it has shut down its operations in Kenya
October 18, 2022
Wasoko dismisses reports that it has shut down its operations in Kenya
Kenyan-based B2B e-commerce startup Wasoko has dismissed reports that it has shut down its operations in the country. On Monday,…
Kenya’s home furniture startup MoKo has raised $6M to accelerate growth
October 14, 2022
Kenya’s home furniture startup MoKo has raised $6M to accelerate growth
MoKo has been around since 2014, a period in which the company has undergone a considerable metamorphosis. It was first…
EzyAgric and Pezesha launch Buy Now Pay Later services for Ugandan agro-dealers
October 14, 2022
EzyAgric and Pezesha launch Buy Now Pay Later services for Ugandan agro-dealers
Kenyan fintech Pezesha has partnered with EzyAgric to launch a buy-now-pay-later (BNPL) scheme for agro-dealers all over Uganda. EzyAgric has…
African tech startups have so far raised $2.7bn in funding this year, report
October 13, 2022
African tech startups have so far raised $2.7bn in funding this year, report
A report by pan-African tech publication Disrupt Africa has revealed that African tech startups raised $2.7bn in funding in the…
Nigeria’s heath-tech startup Lifestores Healthcare has raised $3M
October 13, 2022
Nigeria’s heath-tech startup Lifestores Healthcare has raised $3M
Nigerian health-tech startup Lifestores Healthcare has raised $3M for expansion across the country in a pre-Series A funding round. The…
Kenyans in the diaspora can now pay bills on M-PESA via NALA Money
October 13, 2022
Kenyans in the diaspora can now pay bills on M-PESA via NALA Money
Tanzanian fintech startup NALA which was launched in 2018 to enable Africans in the diaspora easily send money home has…
Logistics startup Sendy cuts down on its Supply Service
October 7, 2022
Logistics startup Sendy cuts down on its Supply Service
Kenyan logistics startup Sendy has restructured its operations, effectively winding down its Supply service. The startup says it will now…
All products purchased via Lipa Later will now be insured by insurtech firm Lami Technologies
October 6, 2022
All products purchased via Lipa Later will now be insured by insurtech firm Lami Technologies
Buy now, pay later (BNPL) company Lipa Later Group has partnered with Lami Technologies to offer its consumers affordable credit insurance…
HAVAÍC completes its third investment in Kenyan FinTech Tanda
October 5, 2022
HAVAÍC completes its third investment in Kenyan FinTech Tanda
Cape Town-headquartered venture capital (VC) firm HAVAÍC has completed its third investment in Kenyan FinTech Tanda. The investment from the…
Kenyan startup Kyosk Digital has launched in Uganda
October 5, 2022
Kenyan startup Kyosk Digital has launched in Uganda
Kyosk Digital Services aims to address some of the challenges that vendors of fast-moving consumer goods (FMCGs) go through in…
KCB Partners With EV Maker BasiGo Kenya to Finance Electric PSV Buses
October 4, 2022
KCB Partners With EV Maker BasiGo Kenya to Finance Electric PSV Buses
The Kenya Commercial Bank (KCB) and electric vehicles manufacturer BasiGo Ltd on Tuesday announced a partnership that will enable investors…
Ugandan Digital Lender Numida Has Raised $12.3 Million in Pre-Series A Round
October 3, 2022
Ugandan Digital Lender Numida Has Raised $12.3 Million in Pre-Series A Round
Ugandan fintech startup Numida has been in operation since 2017. The company has found its footing, offering customers loans ranging…
Popular E-commerce Startup Sky.Garden Faces Closure After Failing To Raise Funding
September 30, 2022
Popular E-commerce Startup Sky.Garden Faces Closure After Failing To Raise Funding
Word in the streets has it that one of Kenya’s most popular e-commerce marketplace Sky.Garden may be closing down after…
Nigeria’s restaurant management startup Vendease has raised $30 million to scale its food supply business
September 29, 2022
Nigeria’s restaurant management startup Vendease has raised $30 million to scale its food supply business
Nigerian startup Vendease which makes it easy for restaurants to access food supplies has raised $30 million in Series-A funding.…
Ghana’s Agritech Startup Farmerline has Raised $1.5 Million in Series A Funding
September 28, 2022
Ghana’s Agritech Startup Farmerline has Raised $1.5 Million in Series A Funding
After netting $13 million in April this year, Ghanaian agritech startup Farmerline has raised another $1.5 million in pre-series A…
Kenya’s Zuri Health and Damu Sasa to benefit from $7M fund from Bill Gates Foundation
September 28, 2022
Kenya’s Zuri Health and Damu Sasa to benefit from $7M fund from Bill Gates Foundation
Thirty companies from 14 African countries will benefit from a $7 million fund fronted by pan-African support organization Investing in…
Michael Joseph appointed board chair of insurtech startup Pula
September 21, 2022
Michael Joseph appointed board chair of insurtech startup Pula
Former Safaricom CEO Michael Joseph has been appointed as board chair of Kenya agricultural insurtech startup Pula. The startup was…
Nigeria’s health-tech startup Remedial Health raises $4.4 million in seed funding
September 20, 2022
Nigeria’s health-tech startup Remedial Health raises $4.4 million in seed funding
Remedial Health, a Nigerian healthtech startup has raised $4.4 million in seed funding to accelerate its expansion across the country.…
Healthtech Startup mPharma Acquires Majority Stake in Nigeria’s HealthPlus
September 16, 2022
Healthtech Startup mPharma Acquires Majority Stake in Nigeria’s HealthPlus
Ghanaian technology-driven health startup mPharma has acquired the majority stake in HealthPlus, the leading pharmacy chain in Nigeria. mPharma Chief…
Brazilian fintech unicorn EBANX sets shop in Africa
September 16, 2022
Brazilian fintech unicorn EBANX sets shop in Africa
Brazilian fintech unicorn EBANX is set to launch its operations in Africa as it seeks to expand its business outside…
Kenyan insurtech startup Turaco raises $10M Series A funding
September 15, 2022
Kenyan insurtech startup Turaco raises $10M Series A funding
Kenyan insurtech firm Turaco has closed a $10 million Series A equity round led by AfricInvest, via the Cathay Africinvest…
Nigerian fintech Kippa has raised $8.4 million seed round
September 14, 2022
Nigerian fintech Kippa has raised $8.4 million seed round
Nigerian fintech startup Kippa has raised $8.4 million in an oversubscribed seed round. This round of funding was led by…
Hack The Mara hackathon finalists announced
September 14, 2022
Hack The Mara hackathon finalists announced
In June this year, Pan-African technology company the Mara Group invited applicants to the “Hack the Mara” hackathon, a competition…
African startups raised $5 billion last year, just a tip of the global average
September 13, 2022
African startups raised $5 billion last year, just a tip of the global average
Across the African continent, 2021 was a good year for startups as funding hit a record high at about $5…
Kenya’s HotelOnline has acquired hospitality software provider HotelPlus
September 12, 2022
Kenya’s HotelOnline has acquired hospitality software provider HotelPlus
Kenyan-based technology travel company HotelOnline has acquired HotelPlus, a software provider specializing in the hospitality industry whose customers are spread…
Nigeria’s blockchain startup Bitmama has raised $2 million to scale across Africa
September 12, 2022
Nigeria’s blockchain startup Bitmama has raised $2 million to scale across Africa
Bitmama is a Nigerian blockchain company that aims to democratize the payment system across the continent. The startup has remote…
Nigerian fintech startup NowNow raises $13 million for expansion across Africa
September 8, 2022
Nigerian fintech startup NowNow raises $13 million for expansion across Africa
Nigerian fintech startup NowNow Digital Systems has raised $13M seed round for expansion across Africa. The company was founded in…
Three Kenyan founders selected for the Future is Female Mentorship Program
September 8, 2022
Three Kenyan founders selected for the Future is Female Mentorship Program
The Future is Female Mentorship Program is a PR and communications mentorship program dedicated exclusively to African female tech founders.…
Digital banking app for African immigrants Waya officially launched
September 8, 2022
Digital banking app for African immigrants Waya officially launched
Waya, a digital banking app that seeks to make it easier for African immigrants to send money back home is…
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