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

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Kenyan ﬁntech Kwara acquires software company IRNET from KUSCCO for an undisclosed sum

By Nixon KanaliJanuary 12, 2023
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January 11, 2023
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Women-led startups in Africa raised $203.2M in 2022
January 10, 2023
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[Ghana] Logistics startup Jetstream raises $13m for expansion
January 10, 2023
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Fintech is the most vibrant sector in the Kenyan startup landscape, report
January 5, 2023
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Burning Heroes opens applications for its African Edition of Startup Awards
December 22, 2022
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Zuri Health’s new Continuous Care Program to offer support to persons with Chronic illnesses
December 21, 2022
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Kenya’s Clean Energy Startup Mukuru Clean Stoves awarded $1.2 million Earthshot prize for 2022
December 21, 2022
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Tanzania’s fintech NALA has expanded to 19 European countries
December 20, 2022
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Solar energy provider Sun King Raises $70M investment to expand throughout Africa and Asia
December 20, 2022
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Wara Farm wins Moringa School’s Tech for Climate Action Hackathon
December 15, 2022
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VC fund Ventures Platform closes its pan-African and early-stage fund at $46M
December 14, 2022
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Nigeria’s online furniture store Taeillo raises $2.5 million for expansion
December 14, 2022
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Africa’s Mobility Financing Startup Moove Raises $30 Million
December 13, 2022
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Kenyan Edtech company Zeraki Raises $1.8 Million in Seed Funding
December 13, 2022
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MEST Africa Opens Applications for its 2024 Training Program
December 9, 2022
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Nigeria’s ThriveAgric crowned winner of Visa Everywhere Initiative
December 8, 2022
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African producer of kids content Ubongo receives $27.8 Million from Lego Foundation
December 7, 2022
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Nigerian fintech Chipper Cash is the latest company to conduct massive layoffs
December 6, 2022
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Local startups to showcase at the UK-Supported Kenya Innovation Week
December 6, 2022
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South African VC firm 4Di Capital announces the second close of a new $25 million seed fund
December 6, 2022
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Egyptian supply chain solutions provider OneOrder has raised $3 million
December 6, 2022
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Leading Identity Verification Startup, Verified.Africa Launches in Kenya
December 5, 2022
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Lipa Later acquires SkyGarden for an undisclosed sum
December 5, 2022
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Ex-Jumia executives launch new e-commerce platform
December 5, 2022
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Asset Recovery Agency drops fraud charges against Nigerian fintech Kora
December 2, 2022
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Lipa Later to acquire popular e-commerce Startup Sky.Garden
December 2, 2022
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Kenyan Smartphone Reseller Badili Has Raised $2.1 Million in Pre-Seed Funding
November 30, 2022
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Nigerian food-tech Orda raises $3.4 million seed round to digitize African restaurants
November 29, 2022
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Twiga Foods Launches Fulfillment Centre To Serve the East African Region
November 29, 2022
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M-TIBA Partners With Sweden’s BYON8 to Expand Telehealth Services
November 29, 2022
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Autochek has launched a vehicle financing subsidiary for customers across Africa
November 28, 2022
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Fintech startup Hisa unveils real-time online stocks trading platform
November 28, 2022
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Kenyan Supply Chain and Logistics Startup Leta Secures $3M Funding
November 28, 2022
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Tanzanian supply chain solutions startup Ramani has raised $32M in equity and debt
November 27, 2022
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Pan-African solar company Solarise Africa raises $33.4M
November 21, 2022
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Modus Africa sets aside $75M to support African AI and blockchain startups
November 21, 2022
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Kenyan health-tech startup MYDAWA launches online platform to help in HIV prevention
November 19, 2022
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Kenya’s agri-tech startup Stable Foods has raised $600k in funding
November 17, 2022
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How the fall of FTX impacted Nigeria’s Web3 startup Nestcoin
November 17, 2022
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IFC has launched a $225 million VC subsidiary to fund early-stage African startups
November 16, 2022
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Kenya-based Electric Vehicle Manufacturer BasiGo has raised $6.6 million in funding
November 15, 2022
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Nigerian Fintech Kuda Wants To Make Remittance From UK To Africa Cheaper
November 14, 2022
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Sky.Garden will not fold up, it has found a new buyer
November 13, 2022
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Egyptian B2B marketplace SPEED acquired by UAE-based firm X-ERA
November 13, 2022
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Kenya’s GrowAgric and Aquarech among startups selected for Katapult Africa Accelerator Programme
November 10, 2022
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Kenyan fintech Hisa among 9 African startups selected for the second batch of €7.5 million Startup Wise Guys fund
November 9, 2022
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Sendy raises an undisclosed amount of funding from Japanese VC MOL PLUS
November 8, 2022
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Algeria’s Yassir has raised $150 million in series B funding
November 8, 2022
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Quona Capital to invest $332M in fintech startups from emerging markets focusing on financial inclusion
November 5, 2022
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Nigeria’s Payhippo acquires Maritime Microfinance Bank to expand its customer offerings
November 1, 2022
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MEST Africa Challenge 2022 top 5 finalists announced
November 1, 2022
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500 Global Launches its Pan-African Accelerator Manager Bootcamp in Kenya
October 24, 2022
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Flourish Ventures launches Madica, an Africa-focused program to invest in pre-seed stage startups
October 20, 2022
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AI Content Creation Tool Jasper Has Raised $125M in a Series-A funding
October 20, 2022
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15 Fintech startups selected for CATAPULT: Inclusion Africa 2022 program announced
October 20, 2022
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President Buhari signs Nigeria Startup Bill into law
October 20, 2022
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Alibaba Kicks Off One-Month Netpreneur Training Program for Africa
October 20, 2022
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Electric Vehicle Manufacturer Roam has launched its first mass transit bus in Nairobi
October 19, 2022
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Auto Financing startup Moove raises £15 million financing to scale UK operations
October 19, 2022
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Nigerian data and intelligence firm Stears has raised $3.3 Million for expansion to East Africa
October 18, 2022
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Wasoko dismisses reports that it has shut down its operations in Kenya
October 14, 2022
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Kenya’s home furniture startup MoKo has raised $6M to accelerate growth
October 14, 2022
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EzyAgric and Pezesha launch Buy Now Pay Later services for Ugandan agro-dealers
October 13, 2022
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African tech startups have so far raised $2.7bn in funding this year, report
October 13, 2022
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Nigeria’s heath-tech startup Lifestores Healthcare has raised $3M
October 13, 2022
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Kenyans in the diaspora can now pay bills on M-PESA via NALA Money
October 7, 2022
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Logistics startup Sendy cuts down on its Supply Service
October 6, 2022
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All products purchased via Lipa Later will now be insured by insurtech firm Lami Technologies
October 5, 2022
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HAVAÍC completes its third investment in Kenyan FinTech Tanda
October 5, 2022
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Kenyan startup Kyosk Digital has launched in Uganda
October 4, 2022
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KCB Partners With EV Maker BasiGo Kenya to Finance Electric PSV Buses
October 3, 2022
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Ugandan Digital Lender Numida Has Raised $12.3 Million in Pre-Series A Round
September 30, 2022
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Popular E-commerce Startup Sky.Garden Faces Closure After Failing To Raise Funding
September 29, 2022
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Nigeria’s restaurant management startup Vendease has raised $30 million to scale its food supply business
September 28, 2022
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Ghana’s Agritech Startup Farmerline has Raised $1.5 Million in Series A Funding
September 28, 2022
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Kenya’s Zuri Health and Damu Sasa to benefit from $7M fund from Bill Gates Foundation
September 21, 2022
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Michael Joseph appointed board chair of insurtech startup Pula
September 20, 2022
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Nigeria’s health-tech startup Remedial Health raises $4.4 million in seed funding
September 16, 2022
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Healthtech Startup mPharma Acquires Majority Stake in Nigeria’s HealthPlus
September 16, 2022
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Brazilian fintech unicorn EBANX sets shop in Africa
September 15, 2022
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Kenyan insurtech startup Turaco raises $10M Series A funding
September 14, 2022
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Nigerian fintech Kippa has raised $8.4 million seed round
September 14, 2022
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Hack The Mara hackathon finalists announced
September 13, 2022
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African startups raised $5 billion last year, just a tip of the global average
September 12, 2022
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Kenya’s HotelOnline has acquired hospitality software provider HotelPlus
September 12, 2022
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Nigeria’s blockchain startup Bitmama has raised $2 million to scale across Africa
September 8, 2022
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Nigerian fintech startup NowNow raises $13 million for expansion across Africa
September 8, 2022
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Three Kenyan founders selected for the Future is Female Mentorship Program
September 8, 2022
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Digital banking app for African immigrants Waya officially launched
September 7, 2022
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12 Kenyan Startups Selected for the 2022 Google Black Founders Fund
August 31, 2022
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Nigeria’s BoomKit Has Built a Platform to Manage African Artists
August 30, 2022
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Kenyan Court Freezes Another Sh400.6 Million Belonging to Flutterwave
August 30, 2022
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Kenyan B2B E-commerce Startup Wasoko Opens an Innovation Hub in Zanzibar
August 30, 2022
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Kenya’s Fintech Pezesha Has Raised $11 Million to Expand Across Africa
August 29, 2022
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Nigerian fintech Grey raises $2M to simplify cross-border payments across Africa
August 29, 2022
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Kenyan startups raised $820 million in VC funding in the first half of 2022
August 26, 2022
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STIMA brings electric motorcycles to Kenya in new partnership with India’s OneElectric
August 26, 2022
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Twitter is integrating podcasts to its platform
August 25, 2022
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Nigeria’s B2B e-commerce startup Omnibiz has raised $15 million to accelerate expansion
August 25, 2022
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Ecobank Opens Applications for its 2022 Fintech Challenge for African Startups
August 24, 2022
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Kenya’s AfyaRekod Partners with Medi-Science to Decentralize Access to Patient Data

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