StartUps
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News
Mauritian Startup Black Swan Wins the MEST Africa Challenge 2025
Black Swan, a Mauritius-based FinTech startup, has emerged as the winner of the MEST Africa Challenge (MAC) 2025. The announcement…
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TRENDING
The TechTrends Podcast | The State of Startup Funding in Africa in 2025 ft Andrew Fassnidge
Is Africa’s startup funding winter finally over? That’s the question we explored in a recent conversation with Andrew Fassnidge, Founder…
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News
Spiro Raises Record $100M to Accelerate Electric Mobility Across Africa
Spiro, the African electric two-wheel transportation company, has announced a landmark $100 million investment round, marking the largest-ever single investment…
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Startups
Three Kenyan Startups Among 20 Semi-Finalists in MEST Africa Challenge 2025
Three Kenyan startups, Logistify AI, Farmsky Ventures, and Investa Farm, have been named among the 20 semi-finalists in the MEST Africa…
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News
Madica Invests in Two New African AI Startups
Madica, a structured investment program for pre-seed African startups, has announced new investments in two artificial intelligence–powered ventures, Anavid and…
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Startups
Kenyan fintech Zanifu secures undisclosed investment from UAE-based Yango Group
Kenyan fintech platform Zanifu, which provides working capital to small and medium-sized enterprises (SMEs), has secured a new round of…
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News
Africa Deep Tech Challenge 2025 Concludes with Bold Innovations and Inspiring Winners
The Africa Deep Tech Challenge (ADTC) 2025 has officially concluded, spotlighting Africa’s brightest innovators solving for “Resource-Constrained Computing.” Launched on…
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News
Botswana Hosts First-Ever MIT Kuo Sharper Center Early-Stage Program Demo Day
The MIT Kuo Sharper Center, in partnership with the Government of Botswana, marked a historic milestone with the first-ever Demo…
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News
Egypt’s Renewable Feedstocks Startup Tagaddod Raises $26.3M in Series A Funding
Egyptian renewable energy startup Tagaddod has secured $26.3 million in Series A funding to accelerate its expansion across Africa, Asia,…
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News
Ido Sum Departs TLcom Capital After 14 Years
TLcom Capital, the Africa-focused venture capital firm, has confirmed that one of its Partners, Ido Sum, will be departing the firm following…
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Startups
UK-Kenya Tech Hub and ViKtoria Ventures Launch First Corporate VC Report in Kenya
Angel Leads Program, supported by the UK-Kenya Tech Hub and implemented by ViKtoria Ventures, has launched the Corporate Venture Capital…
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News
Britam Launches BetaLab Regional Startup Challenge 2025 for East Africa
Britam’s BetaLab has announced the launch of the Regional Startup Challenge 2025, a new initiative designed to identify and support…
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News
Six African Startups Win $400,000 in 2025 FINCA Ventures Prize Competition
Six African startups have secured a combined $400,000 in funding through the 2025 FINCA Ventures Prize Competition, an initiative that…
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News
How Nigerian Fintech Startup Cardtonic is Redefining Cross-Border Payments
When Nigerian entrepreneur Kayode “Kay” Faturoti set out to help his girlfriend order makeup from Sephora in 2018, he didn’t know he…
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Startups
African Angel Academy Launches 12th Cohort to Bridge Africa’s $194B Startup Funding Gap
The African Angel Academy (AAA), Africa’s leading angel investor training platform, has announced the launch of its 12th cohort as…
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News
TLcom Capital’s TAPSI Fund Hits 50% Deployment with $2M TurnStay Investment
TLcom Capital, the Africa-focused venture capital firm, has reached a major milestone in growing its early-stage portfolio through its dedicated…
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News
Visa Launches Cohort 5 of the Africa Fintech Accelerator Program
Visa, a global leader in digital payments, has officially opened applications for the fifth cohort of the Visa Africa Fintech…
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Startups
Tech Funding in Africa Contracts in H1 2025 Despite Early-Stage Growth
Tracxn has released its Africa Tech H1 2025 Funding Report, offering a detailed view of funding trends, sectoral performance, acquisitions,…
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Tech
Kenya’s Shamba Records, Apexloads Among Startups Picked for Google for Startups Accelerator
Google has selected 15 promising tech startups for its Google for Startups Accelerator: Africa Class 9 program. These innovative startups,…
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News
Kenya Innovation Outlook 2024 Urges Action on Startup Bill, Local Capital, and Data Gaps
81% of startup funding in Kenya originates from international sources, a finding that raises concerns about long-term sustainability and the…
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News
4DX Ventures Appoints Mimi Alemayehou and Kurankye Sekyi-Otu as Senior Advisors
4DX Ventures, a leading pan-African venture capital firm, has appointed Mimi Alemayehou and Kurankye Sekyi-Otu as Senior Advisors as it…
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Startups
The Africa Deep Tech Foundation Launches 2025 Challenge: Fueling Innovation in Constraint
The Africa Deep Tech Foundation has announced the launch of the Africa Deep Tech Challenge 2025. Announced today, the challenge…
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News
Bridge for Billions Launches Conecta Africa to Support Early-Stage Entrepreneurs in Africa
A new initiative aimed at transforming the way early-stage businesses are supported across Africa was officially launched in Nairobi on…
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News
Qualcomm Make in Africa 2025 Shortlisted Startups Announced
Qualcomm Incorporated has announced the shortlisted startups for Qualcomm Make in Africa 2025. Qualcomm Make in Africa is an equity-free…
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Startups
develoPPP Ventures Seeks Kenyan Startups Driving Social and Economic Change
Kenyan startups with innovative, impact-driven solutions are invited to apply for Cohort 9 of the develoPPP Ventures programme, which opened…
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News
The Rise of Female Tech Founders in Africa
In recent years, Africa has witnessed an encouraging surge in the number of female tech founders who are reshaping the…
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News
The Dark Side of Big Exits: What Africa’s Startup Ecosystem Should Focus On Instead
The recent acquisition of Paystack by Stripe has been hailed as a landmark achievement for Africa’s startup ecosystem. Much as…
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Startups
Kenyan Online Pharmacy MYDAWA Raises New Round of Funding
MYDAWA, the Kenyan digital health platform, has secured a new funding round to expand its services across East Africa. The…
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News
i3 Backs 7 African Pharmacy Startups with Up to $225K Support
Investing in Innovation Africa (i3), a pan-African initiative to support African healthtech startups, has announced its 3rd cohort of 7…
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News
Investment Firm C-One Ventures Acquires Nigerian Fintech, Bankly
Bankly, a Nigerian fintech company and licensed microfinance bank, has announced the full acquisition of its Nigerian operations by investment…
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News
Ghana-Based Energy Startup Kofa Raises $8.1m to Expand Across East and West Africa
Ghanaian energy tech company Kofa has raised $8.1 million in a pre-Series A round to expand its battery-swapping network across…
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Startups
African AI Startups Invited to Apply for 2025 Google Accelerator
Google has opened applications for the 2025 Google for Startups Accelerator Africa program, a three-month initiative designed to support early-stage…
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Startups
Fixo Solutions Unveils E-Hailing Platform for Fundis in Kenya
Fixo Solutions, a Kenyan tech company, has launched a mobile-based hailing platform for handymen (Fundis). Dubbed “Fixo!”, the company says…
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Startups
Yango Group Launches $20M Ventures Fund to Support African Startups
Global ride-hailing and tech conglomerate Yango Group has announced the launch of Yango Ventures, a $20 million corporate venture fund…
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News
Five Tech Startups Emerge as Winners at AfricArena Johannesburg 2025
Five African startups have been named winners at AfricArena Johannesburg 2025. AfricArena Johannesburg 2025 is a two-day Founder’s Summit that focuses…
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News
[Nigeria] Fintech startup Payhippo rebrands to Rivy, raises $4M in pre-series A funding
Rivy, an AI-powered lender for Africa’s renewable energy sector, has announced its rebrand from Payhippo and the successful closing of a…
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Startups
Safaricom Opens Applications for Spark Accelerator Program Phase 2
Nine startups who are part of the inaugural cohort of the Safaricom Spark Accelerator Program recently part in an investor…
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News
NFT Fundraising in Kenya: A Legal Loophole or the Future of Startup Capital?
In an unprecedented declaration, the Commissioner of the US Securities and Exchange Policy (SEC) – Hester Peirce – hinted that…
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News
How Wealth-Tech Startup Ndovu is Changing the Investment Landscape in Kenya
Ndovu, the Kenyan wealth tech startup is revolutionizing the investment landscape by making financial markets more accessible to a broader…
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News
Milken-Motsepe Prize in Fintech Three Finalists Announced
The Milken Institute and the Motsepe Foundation have announced the three teams advancing to the final round of the Milken-Motsepe…
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Startups
MANSA Raises $10M to Tackle Cross-Border Payments Liquidity Challenges
MANSA, a global fintech innovator in cross-border payments, has announced the successful close of its $10 million funding round. This…
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News
Africa Tech Summit Awards 2025 Winners Announced
Africa Tech Summit Awards announced the 2025 winners, recognising the leading entrepreneurs and ventures shaping the tech industry across the…
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TRENDING
![[Gerald Maithya] What we can learn from Africa’s small business success stories](https://techtrendske.co.ke/wp-content/uploads/2024/05/Gerald-Maithya-Image-1-390x220.jpg)
[Column] Gerald Maithya: Fostering a Thriving African Startup Ecosystem Through Collaboration
In recent years, Africa has emerged as a vibrant hub of innovation, driven by a new generation of entrepreneurs who…
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News
TechTrends Podcast | How USAID Ban is Shaking Up African Healthtech Startups
Welcome to The TechTrends Podcast, where we break down the biggest issues shaping Africa’s business and tech landscape. In today’s…
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Startups
Verto Launches $10k Global Business Award to Boost Startups
Verto, the global fintech specializing in cross-border payments, and banking solutions has launched the Verto Global Business Award to support…
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News
i3 Shifts Focus to Growth-Stage African Healthtechs for 3rd Cohort Following US Aid “Stop-work” Directive
Investing in Innovation Africa (i3) has made a pivotal change to its 3rd cohort selection to prioritise the immediate support…
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News
55 finalists announced for the inaugural Africa Tech Summit Awards 2025
The Africa Tech Summit Awards has announced the 2025 finalists, celebrating individuals and companies impacting the technology sector across the…
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News
Fintech firm NjiaPay secures $1M+ to simplify payments for African businesses
NjiaPay on Tuesday announced the closing of an oversubscribed $1 million+ pre-seed funding round. The round was led by HAVAÍC,…
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News
Gates Foundation to invests in i3’s African health-tech startups
Investing in Innovation Africa (i3), a pan-African initiative to support African health-tech startups to commercialise and scale their offerings is…
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News
Nigeria’s PBR Life Sciences Raises $1M to Advance AI-Driven Healthcare Analytics Across Africa
PBR Life Sciences, a leading big data aggregator in life sciences and healthcare, has raised $1M in pre-seed funding. The…
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News
Kenya’s Hydrobox Secures Sh 1.16bn To Scale Mini Grids
Kenyan energy startup, Hydrobox, has taken a big step in its vision to revolutionise rural electrification after securing $9 million…
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Startups
Katapult VC Highlights Innovation and Growth in Climate-Tech and Agri-Tech at Africarena Summit
Katapult VC, a venture capital firm focused on technology solutions for climate, food, and ocean sustainability recently hosted a VC…
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News
Techstars and WirelessCar Launch Mobility Innovation Program
Pre-seed investor Techstars, and WirelessCar, the provider of connected vehicle services, are collaborating to launch the Techstars & WirelessCar Connected…
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News
Qualcomm Marks Year 2 of Make in Africa, Awards Aurora Health
Qualcomm on Tuesday announced the successful completion of the second year of its Make in Africa Startup Mentorship Program, culminating…
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News
E-Mobility Startup Ox Delivers Secures $163m Contract to Meet Growing Demand in Rwanda
OX Delivers, the UK e-mobility start-up, has secured a $163m contract to create its first franchise partner in East Africa.…
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Startups
African Startups Urged to Adopt Climate-Resilient Business Models
Startups have now been urged to embrace climate-resilient business models in the African Tech Sector. This is according to the…
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Startups
Senegal’s eMobility Startup Solarbox Africa Secures $1m Pre-Seed Funding
Senegal’s eMobility solutions provider and energy startup Solarbox Africa on Thursday announced the closing of its $1m Pre-Seed round. The…
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Startups
Money Flows Into Africa’s Climate Tech Startups
African climate tech startups are pulling in more money than ever before, overtaking fintech as the continent’s hottest investment sector.…
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Startups
African startups pitching at the finals of the L59 Pitch competition revealed
Latitude59 Kenya’s Pitch Competition has announced the 10 startups selected to compete for an invitation to Latitude59 2025 in Tallinn,…
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News
Finalists for the Fifth Edition of The Future Is Female Mentorship Program Announced
Twenty African female-founded tech startups have been selected for the fifth edition of The Future is Female Mentorship Program. The…
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News
Wasoko and MaxAB Tap Cruise CTO to Lead AI Initiatives
Wasoko and MaxAB, Africa’s largest B2B network of informal retailers, has announced the appointment of Mo Elshenawy as an Independent…
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Startups
Oyster Agribusiness raises $2million in funding to expand operations in Ghana
Oyster Agribusiness, an agri-tech company focused on climate-smart agriculture, has secured $2 million in funding to expand its operations and…
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News
BasiGo Secures $42 Million In Funding
BasiGo, the Kenyan electric vehicle manufacturer has closed US$42 million in new funding led by Africa50, the pan-African infrastructure investor…
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Startups
3 Kenyan fintechs selected for Milken-Motsepe Prize in FinTech
Three Kenyan fintech startups have advanced to the Semifinalist Round of the Milken-Motsepe Prize in FinTech, each receiving $100,000 in…
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Startups
Yellow Card Closes $33M Series C Funding to Accelerate Growth
One of Africa’s largest and first licenced on/off ramp Stablecoin, Yellow Card, has announced the closing of its Series C…
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Startups
Biogas Tech Firm Sistema.bio Secures $15M for Global Expansion
Sistema.bio, a biodigester technology firm has secured US$15 million in financing to fuel its global growth. The funding was led…
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News
[INTERVIEW] Lami’s Jihan Abass on Digital Revolution for Insurance Agents
The insurtech sector in Africa is rapidly evolving, driven by technological advancements and a pressing need for accessible insurance solutions. …
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News
Standard Chartered Awards Sh8.75 Million to 7 Women-led Startups
Last week, Standard Chartered Kenya, in collaboration with Strathmore University’s @iBizAfrica awarded Sh 8.75 million to seven women-led startups in…
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Startups
Tech Veterans-Founded XA Network Expands to Africa
XA Network, a leading investment network founded by tech alumni in Southeast Asia has expanded into Africa with the launch…
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Interviews
[Interview] Watu Africa’s Erick Massawe Explores E-Mobility Financing Trust Shifts
Asset financing for e-mobility is steadily gaining momentum in Kenya and across Africa, driven by increasing demand for Electric Vehicles…
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Startups
Why Now Is a Good Time to Invest in Venture Capital in Africa
The African venture capital ecosystem has encountered significant headwinds in recent times. According to research firm Africa: The Big Deal,…
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News
Unpacking The State of Fintech in Africa
The fintech sector in Africa has recorded rapid growth over the recent years to emerge as one of the most…
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News
Nigerian investment firm Risevest completes acquisition of Kenya’s Hisa
Nigerian fintech startup Risevest (Rise) has acquired Hisa, a Kenyan mobile investment platform that allows anyone in Kenya to invest in U.S.…
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News
Estonian flagship startup event Latitude59 is coming back to Kenya
Latitude59, the largest startup and technology event in the Baltic States is coming back to Kenya. Latitude59 Kenya Edition 2024…
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Startups
Kenyan e-commerce startup Chpter raises $1.2 million
Chpter, a Kenyan AI-powered conversational commerce platform founded by Marketforce co-founders has secured $1.2 million in their Pre-Seed round. Founded…
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News
AfricArena Nairobi Summit 2024 to Boost Kenyan Startups’ Capital Raising
Nairobi’s tech ecosystem is vibrant, bustling with excitement. It’s alive with potential and promise. The upcoming AfricArena Nairobi Summit: Africa…
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Startups
Kenya’s SUKHIBA secures $1.5M seed extension to expand WhatsApp-based e-commerce in emerging markets
SUKHIBA, a Kenyan commerce and CRM platform has completed a $1.55 million seed extension round led by EQ2 Ventures. Other…
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Startups
Kenyan HR payroll startup WorkPay raises $5m investment to expand across Africa
Workpay, the Kenyan cloud-based HR, payroll and benefits platform has raised $5m in Series A funding. The funding round was…
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News
Will Tech VC Funding in Africa Rebound on Interest Rate Cuts?
VC firms and startups can look to imminent interest rate cuts to revive dealmaking but cuts alone may not bring…
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Startups
Payment startup Sendsprint acquires US-based Nobel Financial enhance remittance services to Africa
Fintech startup Sendsprint has announced the full acquisition of Nobel Financial, a US-based global remittance service provider. The acquisition will…
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News
Open Startup launches second cohort of Grow Program for African startups
Open Startup (OST) has opened applications for a new cohort of its renowned Investment Readiness Program, GROW, designed to empower advanced…
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Startups
TRANSFORM Accelerator Announces Ksh 81m Funding to Five Kenyan Startups
TRANSFORM, an impact accelerator led by Unilever, the British High Commission (BHC) Nairobi and EY today announced Ksh 81 million…
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Startups
List of startups joining cohort 8 of Google for Startups Accelerator Africa
Google has announced the 8th cohort of its Google for Startups Accelerator Africa program. This year’s cohort features ten innovative…
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Startups
Nigerian AI startup Intron Health raises $1.6M to strengthen its African languages speech recognition tool
Intron Health, a Nigerian tech startup that provides speech recognition for healthcare workers in Africa, has raised $1.6M in a…
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Startups
South African climate-tech startup Plentify closes oversubscribed round to accelerate growth
South African climate-tech startup Plentify has closed an oversubscribed funding round from top African and North American venture investors to…
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Startups
Applications for the fifth edition of The Future is Female Mentorship Program open
Allison+Partners has opened applications for the fifth edition of The Future is Female Mentorship Program. The initiative is the first…
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BUSINESS
TerraPay secures $95 million debt to financing to boost African remittances
African digital payments platform TerraPay has successfully closed a $95 million debt financing round. The financing was led by a…
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Startups
Solar startup d.light closes $176 million funding round
d.light, the African startup that offers solar power solutions for low-income households in East Africa has closed a new USD$176…
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Startups
Vodacom Tanzania Digital Accelerator 2024 Winners Announced
Three Tanzanians have been chosen as the Vodacom Digital Accelerator Program winners for 2024. The winners are AltituteX, Frank Mussa,…
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Startups
Kenyan Skincare firm Uncover closes oversubscribed $1.4m funding round
Uncover, Africa’s emerging beauty brand has successfully closed a $1.4m Seed II funding round. The round was led by EQ2…
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Startups
Innovate Africa Launches with $2.5M Angel Fund for Early-Stage Startups
Innovate Africa, an angel investment fund that supports early-stage startups has launched with an initial $2.5 million rollout. Co-founded by…
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News
Kenyan identity startup Peleza merges with YC-backed Prembly
Kenyan identity management startup Peleza has announced that it’s merging with US-based YC-backed company Prembly. Prembly is a provider of…
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Startups
CityBlue Hotels invests in agtech startup Farm to Feed
CityBlue Hotels has taken an equity position in the B2B platform Farm to Feed which sources imperfect surplus produce directly…
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Startups
List of startups selected to join Standard Chartered Women In Tech Ksh22m programme
Standard Chartered and @iBizAfrica- Strathmore University have announced the 15 startups selected to join their Women In Tech programme. This…
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News
BYD and Ampersand to collaborate on electric motorcycles in Africa
Electric motorbike development and deployment in Africa is set to get a significant boost after BYD, and Kigali-based EV energy…
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Startups
Microsoft launches Build with AI to ease use of AI for startup founders
Microsoft has announced new tools to help make building AI solutions easier. With Build with AI, held within the Microsoft…
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News
Two Kenyan startups selected for the Google for Startups Growth Academy: AI for Health Program
Google for Startups has announced 24 startups selected for the 2024 cohort of the Growth Academy: AI for Health program.…
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Startups
Nigerian fintech Fincra to launch EUR Virtual Account solutions
Fincra, the Nigerian fintech has announced plans to launch its latest Banking as a Service (BaaS) product, the EUR Virtual…
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Startups
Orca Fraud raises $550k to fight fraud in emerging markets
Orca, a South African startup that works with banks and fintechs in emerging markets to fight various types of fraud,…
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Startups
Obuntu Invites Africa-Focused Fund Managers to Apply for its Launchpad Program
The Obuntu Foundation has opened applications for its Launchpad program targeting Africa-focused fund managers to advance their investment approach, optimize…
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Startups
NBA Africa unveils accelerator program for early-stage startups, how to apply
NBA Africa on Friday announced the launch of a startup accelerator program targeting early-stage startups in the continent. Dubbed “Triple-Double:…
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