StartUps
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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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WomenInTech
Shirley Somuah named Partner at Lagos based private equity fund manager CardinalStone Capital
Lagos-based private equity fund manager, CardinalStone Capital Advisers (CCA), has appointed Shirley Somuah as its new Partner. The appointment comes…
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Startups
Flutterwave CEO Embroiled in Bullying, Fraud Claims
A former employee of Nigerian-based payment solutions provider Flutterwave has levelled claims of bullying and fraud against company Founder and…
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Startups
Egyptian e-sport startup Eksab raises $3M to scale its fantasy football platform
Cairo-headquartered e-sport startup Eksab has raised $3M Seed funding round, bringing the company’s total investment to date to $3.7M. The…
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Startups
Nigerian logistics startup Kwik raises $2 million Series A Round to digitize informal African trade
Nigerian logistics startup Kwik has closed its $2 million Series A round led by XBTO Ventures, an investor focused on…
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News
Konza and Association of Startups sign MoU to support local startups
Konza Technopolis Development Authority (KoTDA) and the Association of Startups and SME Enablers in Kenya (ASSEK) have signed an MoU…
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Startups
Nigeria’s agri-tech startup ThriveAgric raises $56.4m debt funding to accelerate African expansion
Nigeria’s agri-tech startup ThriveAgric has raised $56.4M in debt funding from local commercial banks and institutional investors to grow its…
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Startups
10 African Fintech Startups Selected for CATAPULT: Inclusion Africa Special Dubai Edition
The LHoFT Foundation has announced the 10 African fintech startups that will take part in the special edition of CATAPULT:…
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News
Flutterwave CEO Joins Africa’s BNPL Firm Lipa Later’s Advisory Board
After raising $12 million funding from a consortium of investors to expand its operations across Africa, Africa’s leading Buy-Now-Pay-Later (BNPL)…
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Startups
Kenyan e-commerce startup Sokowatch raises $125M, rebrands to Wasoko
Kenyan based B2B e-commerce startup Sokowatch has raised a $125 million Series B equity round, the largest venture financing round ever…
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Startups
Luno launches investment arm to support fintech and crypto startups
Cryptocurrency exchange platform Luno, a subsidiary of Digital Currency Group (“DCG”), today announced the launch of Luno Expeditions, an early-stage…
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Startups
Bank of Ghana Suspends Fintech Operator Dash
The Bank of Ghana(BoG) has ordered Dash, one of the country’s leading fintech operators to immediately cease offering a number…
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Startups
15 African Startups Qualify for Google’s Accelerator Bootcamp
A total of 15 startups from seven African countries have been selected to participate in Google for Startups Accelerator Africa…
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News
Four Kenyan Startups among 12 Selected for Microsoft Accelerator Programme.
Microsoft in conjunction with Flapmax have announced the qualifying startups for their first accelerator programme that begins March 21, 2022.…
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Startups
Vehicle financing startup Moove secures $105 million for expansion
African fintech mobility startup Moove has raised $105 million in new Series A2 financing. This comes just seven months after…
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Startups
OkHi Aims to give the 4 billion people in Africa a Verifiable Digital Address
OkHi: In the developed world, it’s much easier for anyone to give you directions to their home or business location…
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INSURANCE
YC-backed Curacel unveils new platform to enable tech companies offer insurance
Curacel, a YC-backed African insurance infrastructure startup, has launched an embedded insurance product that will enable tech companies to offer…
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News
Standard Chartered Bank opens applications for its 5th cohort of its Women in Tech program
Standard Chartered Bank has opened applications for the 5th cohort of its Women in Tech incubator program. The program, which…
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Startups
BasiGo Flags off first Electric Buses in Kenya, Pilots with CitiHoppa and East Shuttle
Just a month after closing a $4.3 million seed funding round, Nairobi headquartered e-mobility startup BasiGo has today flagged off…
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Startups
26 startups selected to join African Tech Vision’s 2nd Mentorship Program for African Female Founders
African Tech Vision, a non-profit-organization supporting early-stage female tech founders, has announced 26 startups that will be joining its 2nd…
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Startups
Glovo launches pitch competition for tech startups in Kenya
On-demand delivery platform Glovo has launched a pitch competition targeting early-stage tech startups in Kenya that are delivering value to…
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Startups
Microsoft to support 10,000 African startups over the next five years
Microsoft has today announced new initiatives to support 10,000 African startups. The initiatives will be run under its recently established…
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Startups
M-KOPA raises $75M funding as it hits two million customer milestone
Connected asset financing platform M-KOPA, has raised $75M funding. The ”Growth Equity round” as the company describes it in a press…
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Startups
3 Kenyan startups selected for Catalyst Fund fintech accelerator
Three Kenyan startups are among the six selected to join the tenth cohort of the Catalyst Fund fintech accelerator. The…
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Startups
Kenyan food-tech startup Kune starts commercial operations in Nairobi, unveils new mobile app
Kenyan food-tech startup, Kune has officially begun commercial operations with four meal hubs located in strategic locations in Nairobi. The…
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Startups
Milken Institute and Motsepe Foundation Announce Milken-Motsepe Prize in AgriTech Finalists
The Milken Institute and the Motsepe Foundation today announced the 25 teams from across Africa receiving Finalist prizes for the Milken-Motsepe Prize in…
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Startups
Kenyan startup MarketForce raises $40M to scale its merchant inventory financing program
Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa Today, MarketForce has raised $40…
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Startups
[African Startup Review] Pie Kamau: Nigerian fintech Flutterwave is now Africa’s highest valued Unicorn
As the African fintech space continues to bloom, so does the funding. Flutterwave, the San Francisco-headquartered and Lagos-based company that…
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Startups
BitKE to host a webinar on startup funding in Africa, register to attend now
2021 was the biggest year, so far, in the history of funding for African startups which saw over $4.6 billion…
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Startups
SA Online home services platform SweepSouth launches its Connect service in Kenya
South Africa’s online home services platform, SweepSouth has launched SweepSouth Connect in Kenya. SweepSouth Connect is the service that connects…
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Startups
Sendy fulfillment service crosses 1,000 online sellers
Launched in November last year, Sendy fulfillment service is a digital-enabled platform that relieves online sellers of logistics difficulties while…
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Interviews
Remote Work – How Cavendish is managing product success at Analog Teams
Strategic thinking starts with asking the right questions. It is about understanding the current market, competition, and trends to define…
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Startups
Remedial Health raises $1 million pre-seed funding to digitize African pharmacies
Healthtech startup Remedial Health has raised $1 million in pre-seed funding to digitize neighbourhood pharmacies across Africa starting with Nigeria.…
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News
European Bank invests $10M in Egypt’s bus-hailing company Swvl
The European Bank for Reconstruction and Development (EBRD) has announced a $10 million investment in Egypt’s on-demand bus-hailing company Swvl.…
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Startups
Oracle commits $1M to support African tech startups
Oracle has announced support of $1 million for tech startups in Africa that will help accelerate their digital initiatives with the latest cloud technologies…
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Startups
Insurtech startup Casava secures $4m pre-seed funding to provide affordable insurance for millions of Nigerians
Nigeria’s digital insurance company Casava has secured US$4 million in pre-seed funding to provide affordable and accessible insurance products for…
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News
Docklands Ventures acquires South African prop-tech startup ParkUpp for an undisclosed amount
Real estate investment company Docklands Ventures has acquired South African prop-tech startup ParkUpp for an undisclosed amount. Founded in 2016, ParkUpp…
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Startups
Kenyan insurtech startup Lami acquires Bluewave Insurance Agency for an undisclosed amount
Kenyan insurtech startup Lami Technologies has acquired Bluewave Insurance Agency, another Kenyan-based insurtech startup for an undisclosed amount. Bluewave leverages mobile…
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Startups
Wealth-tech startup Ndovu launches in Kenya to provide users with easy access to global financial market
Wealth-tech startup Ndovu has today officially launched in Kenya. Founded by Radhika Bhachu, Ro Nyangeri, and Gianpaolo De Biase, Ndovu…
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Startups
African fintech mobility startup Moove raises $10 million financing from NBK Capital Partners
African fintech mobility startup Moove has closed a US$10 million financing facility from NBK Capital Partners. Moove is Uber’s exclusive…
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Startups
South African fintech startup CompariSure raises $980k pre-Series A funding for expansion
South African fintech startup CompariSure has raised $980,000 in pre-Series A funding round for expansion in the South African market.…
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Startups
Five Kenyan startups shine at JICA’s NINJA Accelerator second demo day
Shamba Pride, Saada Tech, Kijenzi, M-Paya Energy, and MyMovies.Africa are the five startups that shined during the second Demo Day of…
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Startups
African Focused VC Firm TLcom Secures First Close of $150mn Pan-African Tech Fund
TLcom, the Africa-focused venture capital firm has announced a first close of $70mn for its $150mn Africa focused tech fund…
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Startups
Tech startups key to Africa’s digital transformation but urgently need investment, report
The World Economic Forum’s latest report, “Attracting Investment and Accelerating Adoption for the Fourth Industrial Revolution in Africa” analyses the…
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Startups
Call for startups to Pitch Live at 2022 Africa Startup Summit in Nairobi
Africa Tech Summit has opened applications to the 2022 edition of Pitch Live at the fourth Africa Startup Summit. The…
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Startups
Canadian fintech startup Periculum launches in Nigeria to build credit assessment infrastructure for Africa
Canadian fintech startup and credit assessment company Periculum, has launched in Nigeria to tackle the challenge of domestic credit to…
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Startups
Sankore Pitch Competition is coming to Nairobi targeting blockchain startups
Nairobi-headquartered blockchain community Sankore is launching the Sankore Pitch Competition Tour (PCT) in Nairobi. The pitching competition is targeting startups…
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Interviews
[Interview] Mila Semeshkina, CEO & Founder, Lectera.com: Convenient and Fast Learning is What Customers Expect
Lectera.com has achieved great results since its launch in summer 2020: from generating a first annual revenue surpassing 5 million…
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News
Fourth edition of Africa Tech Summit Coming to Nairobi This February
One of Africa’s top tech events the Africa Tech Summit is coming to Nairobi. The event will take place on…
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Startups
Ivorian e-commerce startup Afrikrea raises $6.2M in pre-Series A, rebrands to “ANKA”
Afrikrea, an Ivorian e-commerce startup has raised $6.2M pre-Series A round led by Investisseurs & Partenaires. The startup has also…
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News
Kenyan fintech startup Alvin raises $740,000 pre-seed funding
Kenyan fintech startup Alvin has raised a $740,000 pre-seed funding round led by Nigerian venture capital firm, Ingressive Capital. Other…
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News
Nigeria’s CcHUB invested in over 11 high-growth African startups in 2021
Nigeria’s technology innovation centre Co-creation Hub (CcHUB) invested in over 11 tech startups in Africa in 2021 through its new…
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