StartUps
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News
12 Kenyan Startups Selected for the 2022 Google Black Founders Fund
Tech giant Google has announced 60 qualifiers for the Google for Startups Black Founders Fund (BFF) for African startups. The…
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News
Power Learn Project aims to train 1 million developers in Africa by 2027
Various observers have pointed to the imminent shortage of qualified ICT practitioners as the uptake of technology across the world…
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Startups
Nigeria’s BoomKit Has Built a Platform to Manage African Artists
African artists face the challenge of a fragmented market that is sometimes seen as the biggest impediment to success. Without…
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Startups
Kenyan B2B E-commerce Startup Wasoko Opens an Innovation Hub in Zanzibar
Innovation plays an ever-increasing role in growing Africa’s emerging technology ecosystem. In fact, A study by Briter Bridges and AfriLabs…
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Startups
Kenya’s Fintech Pezesha Has Raised $11 Million to Expand Across Africa
Pezesha, a Kenyan fintech that has built a platform where small and medium enterprises can access funding has raised $11…
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Startups
Kenyan startups raised $820 million in VC funding in the first half of 2022
Kenya has secured an enviable position among the most competitive innovation and investment destinations in Africa. The country’s attractiveness has…
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News
STIMA brings electric motorcycles to Kenya in new partnership with India’s OneElectric
STIMA, a battery swapping technology company has partnered OneElectric, an Indian manufacturer of electric motorcycles to supply more than 3,000…
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News
Nigeria’s B2B e-commerce startup Omnibiz has raised $15 million to accelerate expansion
There is a growing number of startups across Africa that are helping to connect manufacturers with wholesalers and retailers. Nigeria’s…
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News
Ecobank Opens Applications for its 2022 Fintech Challenge for African Startups
Ecobank Group has launched the fifth edition of the Ecobank Fintech Challenge targeting African fintech startups. Selected startups stand a…
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News
Kenya’s AfyaRekod Partners with Medi-Science to Decentralize Access to Patient Data
Medi-Science International and Kenya’s healthcare startup AfyaRekod have announced a partnership aimed at transforming healthcare delivery through improved access to…
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News
Flutterwave’s New Chief People and Culture Officer Mansi Babyloni Empowers Young Africans with Tech Skills
Nigerian fintech company, Flutterwave, has appointed Mansi Babyloni as the new Chief People and Culture Officer. This was contained in…
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Startups
Koolboks Closes $2.5M Seed Round to Scale Solar Refrigeration Across Africa
Koolboks, the sustainable cooling company providing accessible cold storage solutions to businesses across Africa, has closed a $2.5M Seed funding…
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News
Kenya’s Lori Systems has raised an undisclosed amount of funding from Google
Kenya e-logistics company Lori Systems which operates across East Africa has raised an undisclosed amount of Round B funding from…
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News
Kenya’s Blockchain Startup Crypsense Digital Joins Draper VeChain Web 3 Accelerator Program
Kenyan crypto startup Crypsense Digital Group has been selected to join the 12-week Draper VeChain Web 3 Accelerator Program. The…
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News
Applications for the 5th edition of Catapult: Inclusion Africa Programme open
The LHoFT Foundation has opened applications for the 5th edition of the CATAPULT: Inclusion Africa which will be delivered in Luxembourg.…
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Startups
This Nigerian health-tech startup is giving maternal healthcare in Africa a new face
The subject of maternal healthcare has been at the centre of global conversations at every turn. Several approaches offering a…
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Startups
VC Firm HAVAÍC announces $500K investment in FinAccess to grow across Africa
Cape Town-headquartered venture capital (VC) firm HAVAÍC has announced a $500,000 investment in FinAccess. The investment has been allocated from…
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News
Kenyan Mobile commerce startup Copia Unveils Manufacturing Unit for Sugar and Rice Production
Copia Global, a Kenyan-based mobile commerce platform has unveiled a new manufacturing unit to enhance its output of affordable sugar…
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Startups
20 startups from the Middle East and Africa announced winners of Migration Enterpreneurship Prize 2022
The Migration Entrepreneurship Prize 2022 has announced the 20 startups from the Middle East and Africa selected for its second cohort.…
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Startups
Kenyan HR startup FaidiHR raises undisclosed amount of funding from SprintX
Kenyan startup Crew HR & Payroll has rebranded to FaidiHR after it received an undisclosed amount of funding from SprintX,…
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Startups
Kenyan insurtech Lami Technologies raises $3.7M to expand across Africa
Kenya-based insurtech startup Lami Technologies has raised a US$ 3.7m seed extension to expand its insurtech product across Africa. The…
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Interviews
[Interview] Efayomi Carr: Embedded finance and its impact on financial inclusion
Efayomi Carr is a Principal at Flourish Ventures, a Global Fintech Venture Firm investing in fintech startups across the globe,…
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Startups
Nigeria’s mobility startup Moove has expanded to India
Nigeria is home to some of the most innovative startups and many of them are disrupting their respective industries in…
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Startups
Africa Tech Challenge by AVIC International is back after a long break
Chinese construction company AVIC International has announced the return of the Africa Tech Challenge after a two-year hiatus prompted by…
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Startups
Seedstars announces $30 million fund to invest in 100 startups in emerging markets
Seedstars has announced plans to invest in 100 more startups through its second emerging market seed-stage fund, called Seedstars International…
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News
Tanzania’s fintech NALA enters Kenya, inks diaspora remittance deal with Equity Bank
Tanzania-based fintech startup NALA has partnered with Equity Bank Kenya for diaspora remittance. This partnership will allow Kenyans living in…
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Startups
AfricInvest and Cathay Innovation Complete Final Close of €110M Pan-African Venture Fund
Africa’s multi-asset investment platform AfricInvest and global venture capital firm Cathay Innovation, have completed the final close of their joint Pan-African…
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News
Fintechs are set to transform cross-border payments in Africa, says Ukheshe Technologies
For centuries people have crossed borders to live, work, and trade. While cross-border payment systems are crucial for financial inclusion…
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News
Kenyan Startup Flare Among Winners Of The Inaugural Kofi Anan Innovation Prize
Three startups from Kenya, Nigeria and Zimbabwe have been named winners of the inaugural Kofi Annan Award for Innovation in…
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Startups
Kenya’s AfyaRekod Launches Blockchain Platform To Track Patients History
Kenya-based health tech startup AfyaRekod has built a blockchain-based platform that makes it easy for medical professionals to retrieve the…
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News
Kenya’s digital insurer mTek hits 65k registered users since launching in 2020
The level of insurance penetration in Kenya is way below the global average. According to a 2020 report by the…
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Startups
Celo Announces New Web3 Fund for African Startups Adopting Crypto Strategies
Celo has launched a new programme to support African startups across payments, remittances, virtual assets, savings, and related financial services.…
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News
PATRICK NDEGWA: Is 2022 the year for African startups?
Africa is the place to be if you want to discover and support new ideas. According to a Substack newsletter…
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News
Mdundo signs music distribution partnership with Universal Music Group
Kenyan-based music streaming platform Mdundo has been making incredible moves that have contributed to its rapid growth. As we reported…
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News
Kenyan logistics startup Duhqa has raised $2m seed funding for regional expansion
Kenyan B2B logistics startup Duhqa has raised $2 million in seed funding to accelerate its expansion plan. Duhqa was founded…
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Startups
Autochek acquires CoinAfrique to accelerate its expansion across Francophone Africa
Autochek, the Nigerian automotive startup has accelerated its expansion to Francophone Africa after acquiring CoinAfrique for an undisclosed amount. CoinAfrique…
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News
Flutterwave appoints ex-Goldman Sachs MD Gurbhej Dhillon as new CTO
Flutterwave has announced the appointment of former Goldman Sachs’ Managing Director, Gurbhej Dhillon as its Chief Technology Officer (CTO). As…
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Startups
Nigeria’s open banking startup Mono launches in Kenya
Mono, a Nigerian fintech startup has announced that it is expanding its services to Kenya. Mono builds an open banking…
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Startups
Three Kenyan Companies among 10 finalists of the Afri-Plastic Challenge
Three Kenyan companies developing varying solutions to address the plastic menace are among 10 finalists of the Afri–Plastics Challenge. Chemolex Limited,…
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News
Kenyan edutainment startup Kakua has raised $6M in Series A funding
Kakua, an edutainment startup based in Kenya has raised $6M Series A funding. The funding was led by China’s Tencent…
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Startups
Nigeria’s Moove has raised $20m debt funding from British International Investment
The British International Investment (BII) has extended $20 million in debt funding to Nigerian mobility startup Moove. The 4-year structured…
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News
Kenyan fintech Kyanda takes its one-stop financial solutions to South Africa
Kyanda, a Kenyan fintech that facilitates payment of utilities and money transfers via an easy-to-use app has branched its operations…
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Startups
Africa-focused VC firm TLcom Capital appoints Eloho Omame as Partner to attract more female-led tech startups
TLcom, the Africa-focused venture capital firm, has appointed Eloho Omame as a Partner. The appointment, the firm says is to bolster its…
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Startups
Wimbart launches fourth edition of its mentorship programme for African tech startups
Wimbart, the London-based Public Relations agency specializing in Africa and emerging markets, has launched the fourth edition of its Office…
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News
Fintech platform Nomanini launches app to connect FMCGs and financial service providers in Africa
Fintech platform Nomanini has today announced the launch of a new app that connects FMCGs and financial service providers to serve…
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Startups
Nigeria’s Healthtracka Raises $1.5 million, Plans Entry to Kenya and Ghana
The convenience of getting health solutions from the comfort of your home is possibly one of the greatest achievements of…
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News
Moringa School raises an undisclosed amount of funding from Leading Investor Proparco
Learning-accelerator Moringa School has raised an undisclosed amount of funding from Proparco to support its expansion outside Kenya. The funding…
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Startups
Breaking: Kune Food is shutting down
Kenyan food-tech startup Kune Food is shutting down. Kune which officially began commercial operations with four meal hubs located in…
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Startups
New App To Automatically Supervise Spending For Dependents Launched
Kenyan startup Empower Smart Limited has launched an automated Digital Escrow Supervised Payments app for Dependents. Dubbed “Super Pay” the…
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Startups
Proparco joins forces with Digital Africa to provide financing solutions for African tech startups
As part of its 2022-2025 roadmap, Digital Africa, in partnership with Proparco, will support 200 African startups at different stages…
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News
Nigerian fintech firm VeendHQ secures $330k pre-seed investment
Nigerian fintech firm VeendHQ has secured $330k pre-seed funding to expand its operations. Magic Fund, The Oak Capital, Future Africa, Berrywood…
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News
Pezesha Africa partners with Autochek to provide Asset Financing to local SMEs
Automotive technology company Autochek has partnered with Pezesha Africa to enable SMEs in Kenya to access asset financing. Pezesha offers…
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Startups
Kenyan construction logistics startup Jumba raises $1m pre-seed round
Jumba, a Kenyan construction supply chain startup that was launched in April this year has raised $1m in pre-seed funding.…
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News
Kenyan insurtech firm mTek secures $3 million funding
On the heels of a recent $1.50 million (KSh 170 million) investment, Kenyan insurtech startup mTek has secured an additional …
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News
Why you need a fulfillment service for your online business
Running an online business demands a lot. First, you have to find the right niche. This involves a lot of…
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News
Mozilla launches course on data privacy and protection for SMEs and Startups in Kenya
Mozilla has today unveiled a course for SMEs and startups in Kenya to increase their awareness and capabilities on the…
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News
EdTech Firm Snapplify Launches Teacha Marketplace for East Africa
South African edtech company Snapplify has launched Teacha!, a resourceful marketplace where teachers can buy and sell their teaching resources.…
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News
AirDuka named overall winner of Kenya’s e-commerce startup of the year
AirDuka has been named the overall winner of the startup of the Year Award at the Kenya E-Commerce Summit and…
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News
Nigerian fintech startup Indicina raises $3m seed funding for Africa expansion
Nigerian fintech startup Indicina has raised $3 million in seed funding round to accelerate its expansion into other African markets.…
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News
GreenHouse Capital announces 13 startups selected for the Microsoft Scale-up Accelerator
Thirteen startups from East and West Africa are set to benefit from a six-week accelerator program by GreenHouse Capital and…
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News
Africa’s digital economy to reach $712 billion by 2050, Endeavor Nigeria report
Africa’s technology ecosystem is set for a period of exponential growth, accelerated by strong market fundamentals and the impact of…
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News
Something isn’t right at Kune, the Kenyan food-tech startup
When Kune Food raised $1 Million in pre-seed funding in June 2021, it seemed to have a grand plan that…
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News
Nigerian SeamlessHR Aims to Build HR Software for International Markets
A number of organizations have set camps in Africa to take advantage of the vast human resources. It’s not always…
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News
South African startup Nooksy is connecting family members through a reading app
A South African startup named Nooksy is connecting family members living far away from each other through storytelling. Nooksy, which…
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News
Kenyan government is considering creating a startup advisory board
The Kenyan government is considering creating a startup advisory board to support the continued acceleration of startups in the country.…
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News
Ugandan fintech startup Eversend rebrands, announces new features
Eversend, a Ugandan fintech startup providing cross-border money transfers for Africans and Africans in the diaspora has rebranded. The startup…
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News
Sendy partners with Google to empower MSMEs in Kenya and Nigeria.
Sendy has entered into a new partnership with Google to empower small and medium businesses in Kenya, South Africa and…
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News
Nigerian EdTech startup Afrilearn joins the UNICEF Innovation Fund
Nigerian EdTech startup Afrilearn has emerged as the only Nigerian startup to join the latest cohort of the UNICEF Venture Fund. Afrilearn…
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News
French government backed Digital Africa initiative aims to boost growth among tech entrepreneurs in Africa
The French government is playing a proactive role in weaning the rapidly-growing digital landscape in Africa through an initiative dubbed…
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Startups
Kenyan e-health startup Maisha Meds hits 1000 active facilities, expands to Nigeria
Kenyan digital pharmacy network Maisha Meds has reached 1,000 active facilities, making it one of the largest digital pharmacy networks…
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News
GoGettaz Agripreneur Prize is Awarding $50k to African agri-tech startups
The GoGettaz Agripreneur Prize is inviting African agri-tech startups to apply and stand a chance to win US$50,000 in cash…
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News
Swvl to lay off a third of its workforce
Swvl, the mass transit and shared mobility provider is cutting off its workforce by a third. According to Chief Financial Officer…
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Startups
Nigerian fintech startup Grey expands to Kenya to enable freelancers send and receive money from abroad
Over the last few years, there have been conversations around PayPal being unfriendly to its users, mainly freelancers in Africa.…
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News
Nigeria’s Jamit hopes to bring African podcasters together
Podcasting is a trend that’s rapidly gaining momentum in the world. Most of the developed markets have gladly accepted it…
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News
AfriLabs Academy to facilitate capacity building among startups in Africa
As innovation hubs increase in number across Africa, the need for capacity building, benchmarking and other supportive initiatives prevail. It’s…
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News
This SA agri-tech firm IQ is equipping farmers with digital tools to boost farming
When South African agri-tech startup IQ Logistica was formed in 2014, the focus was to be a service provider to…
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News
CV VC Firm Launches Early-Stage Fund for African Blockchain Startups
Crypto Valley Venture Capital (CV VC) has today announced the launch of its African Blockchain Early-Stage Fund targeting blockchain startups…
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News
OPay and Mastercard partner to expand regional reach
OPay, a Nigerian fintech regarded as one of Africa’s most valuable fintech startups has entered into a strategic partnership with…
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News
Healthtech startup Zuri Health raises $1.3-million to expand across Africa
Kenyan healthtech startup Zuri Health has raised $1.3-million in funding to expand across Africa. The startup which offers mobile-based healthcare…
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News
Kenyan fintech Bamba raises $3.2m seed funding to scale
Kenyan fintech startup Bamba has secured $3.2m in seed funding to scale its app and build out its team. Venture capital…
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News
Kenyan Fintech Hisa Joins NVIDIA Inception Programme
Hisa App, a Kenyan mobile investment platform that allows anyone in Kenya to invest in U.S. stocks and ETFs using…
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Startups
Kenyan B2B e-commerce startup TopUP Mama Has Raised $1.7 million Seed Funding
TopUp Mama a Kenyan startup that makes it easy for eateries to access supplies, banking services and management tools has…
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Startups
VC firm Ventures Platform appoints Dr. Dotun Olowoporoku as New Venture Partner
Pan-African VC firm, Ventures Platform has appointed Dr. Dotun Olowoporoku as its new Venture Partner. The appointment comes less than…
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Startups
Twiga Foods announces new subsidiary focusing on modern and commercial farming
Kenyan B2B E-Commerce startup Twiga Foods today launched a new subsidiary that is focused on modern and commercial farming. Known…
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Startups
African Startups Raised $2billion in 2021, Report
The African Tech Startups Funding Report (2021) demonstrates a continued interest by investors in promising African startups. According to the…
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Startups
Nigeria’s Fidia has created a crowdfunding platform for African content creators
For any content creator, getting their work seen and appreciated by the public is the first important step to success. …
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News
US VC firm Activant Capital opens new office in Cape Town
US-based Growth equity firm Activant Capital has announced that it is expanding its research and due diligence capabilities with a…
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Startups
Egyptian Fintech Paymob raises $50M in Series B funding
The continued attention on African fintech startups is attracting unprecedented attention and investments from high-ranking venture capitalists. The latest such…
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Startups
B2B eCommerce platform TradeDepot appoints Chidi Akubuiro as Managing Director for West Africa
TradeDepot, a B2B eCommerce and embedded finance platform in Africa, has appointed former Coca Cola HBC and Hayat Kimya Nigeria…
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Startups
Kenyan startup Wowzi is connecting influencers with ad agencies
The modern advertising space is nothing like we knew ten years ago. Well, not really, but a lot has changed,…
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Startups
SA Remittance Fintech Mama Money Aims to offer Lowest Transfer Charges
Fintech startups in Africa are doing a spectacular job at revolutionizing remittances, accessibility, saving, and the whole culture surrounding finances.…
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Startups
Kenyan e-health startup Zuri Health launches Whatsapp Chatbot
Kenyan health tech startup Zuri Health has launched a WhatsApp chatbot for its users in Kenya. Known as Vera, Zuri says…
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Startups
Nigerian Trade Tech Firm Norebase Raises $1M in Pre-Seed Round
Norebase, a Nigeria-based trade technology firm announced on Wednesday that it has secured $1M pre-seed funding round. The funding round…
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Startups
Power and Turaco partner to provide affordable insurance for gig workers across Africa
Fintech startup Power Financial Wellness has joined forces with insurtech firm Turaco to offer affordable health insurance products to its…
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Startups
Nigeria’s OnePort 365 secures $5 million Seed Funding to Digitize Freight Management in Africa
Nigeria’s digital freight forwarding company OnePort 365 has raised $5 million in seed funding to drive the end-to-end digitisation of…
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News
Glovo Kenya tech startup pitch competition winners announced
On-demand delivery platform Glovo has announced the winners of its tech startup pitch competition in Kenya. Glovo in partnership with…
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Startups
Nigeria’s home services subscription App Eden Life acquires Kenya’s Lynk
Nigeria’s home concierge services scheduling platform Eden Life has acquired Lynk, the former technology company connecting informal workers to job…
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Startups
Kenyan Electric Vehicle Maker Opibus Rebrands to ROAM
Kenya’s leading electric vehicle (EV) maker Opibus has changed its name to ROAM. The company was among the earliest entrants…
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Startups
Kenyan Mobile commerce startup Copia appoints former Amazon Executive to its Board
Copia Global, a Kenyan-based mobile commerce platform has appointed of former Amazon executive Jason Murray to its Board. Jason brings…
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News
Microsoft Launches Accelerator Program For East and West African Startups
In March 2022, Microsoft outlined plans to support 10,000 startups across Africa through a myriad of initiatives. These initiatives incorporate…
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Startups
Kenyan open finance infrastructure startup Credrails partners with Access Bank for future of finance in Africa
Access Bank has partnered with Kenyan women-led open finance infrastructure startup Credrails to develop open finance rails that will dramatically…
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