Eddie Ndichu and his brother Paul Ndichu were caught on camera reportedly assaulting women at  the Ole Sereni Hotel. Wapi Pay, a Kenyan startup that recently raised Ksh. 240 million...

ILLA, a Cairo-based FMCG logistics startup, has raised a seven-figure investment round to accelerate its market growth and extend its offering within the FMCG value chain. Watheeq Financial Services and...

Cairo-based contech startup Elmawkaa has raised a six-figure Seed round led by Flat6labs and joined by a group of Oqal angels from Saudi Arabia after joining 500 Startups' Misk second...

PaySika, a financial technology startup that develops mobile and web-based banking solutions for French-speaking African countries, has raised €300,000 ($348,000) in pre-seed funding from angel investors in the French, London,...

Alerzo, a Nigerian retail-tech startup, has acquired Shago Payments, a fintech company, in order to expand on its already impressive growth, which saw its annualised transaction volume exceed US$155 million...

Wicrypt, a Nigerian blockchain-based Wi-Fi sharing startup, has raised US$1.5 million in a strategic funding round to help it expand into new countries. Wicrypt is a decentralized mobile internet sharing...

Talabeyah, a Cairo-based startup that provides B2B e-commerce services for food and groceries, has raised a seven-figure pre-Seed round from strategic angel investors. By allowing small retailers in Egypt to...

Tala, an emerging markets digital lender that provides consumers and small business owners with loans ranging from $10 to $500, has secured $145 million in Series E funding. The investment...

Eden Life, Africa's first home services app for scheduling food, laundry, and cleaning services, has raised $1.4 million in a seed round led by LocalGlobe in the United Kingdom, with...

The Michael & Susan Dell Foundation has awarded DigsConnect, a South African student housing marketplace, a ZAR3 million (US$200,000) grant to help university students from low-income backgrounds find safe and...

Stellenbosch University (SU) and the University Technology Fund(UTF)  have invested R7 million ($473k) in BioCODE, a South African healthtech startup. The funds will be used to help the startup fund the development...

Sparkle, a Nigerian startup that provides financial, lifestyle, and business support services to Nigerians all over the world, has secured US$3.1 million in seed funding to help it invest in...

GBarena, a Cairo-based esports and tournaments platform, has raised six figures in its latest funding round. Key angel investors Ahmed Aboudoma, Kushal Shah, and the HIM Angels VC network led...

Gauteng-based edtech startup d6 Group has secured an undisclosed amount in investment funding from Knife Capital, Hlayisani Growth Fund Stellenbosch and NuState Ventures. Launched in 2010 with headquarters in both ...

Fawry (the “Company”, FWRY.CA on the Egyptian Exchange), Egypt’s leading provider of e- payments solutions and digital banking services, announced that it has finalised  an investment in alsoug.com, Sudan's largest online...

Mono, a Nigerian fintech startup that is building open banking infrastructure that allows digital businesses in Africa access to customer financial data and bank payments, has announced a US$15 million...

AB InBev, the world's largest beer company, has recently partnered with Hindsight Ventures to launch the Beer Garage Africa Innovation Challenge, which will provide startups with venture development and grant...

Google for Startups, through its US$3 million Black Founders Fund Africa, has awarded equity-free funding for fifty African tech startups. The fund enables early-stage black-founded startups on the continent, bridging...

Lamma, a Tunisian last-mile delivery startup, has secured an undisclosed investment from Orange Ventures to enable it expand internationally. Lamma, founded by Hamza Guesmi and Koussi Aymen last year, has...

Dr. Essam Abdelhadi, Ex-Abbott VP Middle East, Turkey, Africa, and Pakistan, has acquired a stake in Nawah Scientific and joined the advisory board. Nawah Scientific is Egypt's fastest-growing life science...

Google has opened applications for the third edition of its Startups Accelerator in Middle East and North Africa programme, which offers startups access to mentorship and support from Google experts....

MarketForce, a Kenyan B2B platform for retail distribution of consumer products and digital financial services, has chosen Nigeria as its first port of expansion following a $2 million Series A...

Payday, an African fintech startup, has secured $1 million in pre-seed funding to continue its efforts to make global payments more accessible to Africans. Payday has grown exponentially since its...

President Emmanuel Macron announced a renewed  financial commitment of € 130 million ($US$150 million) for the next three years, outlining Digital Africa's ambitious targets to support entrepreneurship and technological innovation on...

Ejara, a Cameroonian financial services platform, has secured $2 million in a seed round led by Coinshares Ventures and Anthemis Group to help Francophone Africa lead in crypto use and...

Seven African startups are among the eight selected to participate in the inaugural cohort of the  Last Mile Money Accelerator, a four-month program funded by the Bill and Melinda Gates Foundation...

Google's Africa Investment Fund plans to invest up to $50 million in African early and growth-stage startups, ramping up efforts to help more businesses on the continent. Google announced its...

Google announced today that it will invest $1 billion in Africa's digital transformation over the next five years. The investment will go towards enabling more Africans to have access to fast,...

Chari, a Moroccan B2B e-commerce and fintech startup, has raised a seed round of $5 million, valuing the company at US$70 million and positioning it for expansion across French-speaking Africa....