This remittance firm has raised $20m Series C to simplify sending money to Ivory Coast, Kenya & Nigeria
In a move to its users the freedom to send money whenever they want and how they want, this remittance …
Editors
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Adeniyi Ogunfowoke -
Anto G World
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Arpita Arya
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Ashok Shah, CEO, Apollo Group
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Brian Baraka
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Brian Wafula
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Caroline Vutagwa
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Charity Mbaka
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Christie Uzebu
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Contributor
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Daniel Anuoluwapelumi Moses
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Dennis Mathu
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Dinah Kanana
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Emmanuel Temidayo
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Eric Vateta
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Feritter Atieno
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Fredrick Gitaka
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Ifeanyi Abraham
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Infinite Potentials Consulting
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James Kanja
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Joe Goga
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Joshua Mutua
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Karani Nyamu
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Kinyanjui Njonde
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Lena Juma
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Milcah Lukhanyu
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Okii Eli
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Olanrewaju Sodiq
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Paul Adepoju
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Rawlings Otini
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Sam Gichuru
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Sam Wakoba
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Selipha Kihagi
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Shiko Gathoni
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Staff Writer
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Stella Kabura
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Stella Kabura
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Susan Mwenesi
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Sylvia Makario
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TechMoran
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Thandisizwe Mgudlwa
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Tiffany Vlaanderen
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Val Lukhanyu
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Vanessa Kamau
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Vanessa Wacera
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Ventureburn
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Victor Amadala
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Victoria Mukami
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Victoria Njirithia
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Vince Matinde
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Vivianne Musumba
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Yemi Johnson
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Yesir Ads
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Zainab Ismail
This Cryptocurrency Wallet Has Raised More Than $0.5m in Seed Funding to Help Users Transact via SMS
This emerging markets focused cryptocurrency has raised seed funding to help bring cryptocurrency transactions to millions of users in Africa …
With $35,000 in seed funding, this new talent platform will connect Africans to jobs quickly
TalentsinAfrica.com has launched to connect Africans to new opportunities taking on Ringier One Africa Media's Jobberman and the rest with …
Car classifieds marketplace raises six-digit round, goes enterprise & launches in 10 new African markets
Africar Group has raised an undisclosed 6 digits US dollars amount in 2018, from international investors for expansion in Africa, and …
How Sky.Garden is enabling & disrupting eCommerce in Kenya
Sky.Garden is a SaaS mobile commerce platform built for retailers in Africa that allows retailers to sell inventory with ease …
Kings Biofuels receives $50,000 investment from KCIC
Kenya Climate Innovation Center pumped KES 5 million into Kenyan based ecofriendly briquette manufacturerKings Biofuels, as early-stage financing. The company …
Why native African investors are shying from backing local tech startups and why this should change
In May of 2000, The Economist in no subtle terms labeled Africa 'The Hopeless Continent'. Making up its mind that …
Taxify raises $175m investment led by Daimler, joins the unicorn club
Taxify, a leading European ride-hailing company with operations in Kenya, Uganda and Nigeria, has completed an investment round of $175 …
Kenya’s Biasharabot, Onesha & Tozzaplus raise funding from Pangea, a Norway-based accelerator
Pangea accelerator has invested in 3 Kenyan startups, from their cohort of over 40 startups (from Egypt, Kenya and Nigeria) and …
Kenya’s Pawame crowdfunds $543k debt financing
Pawame, young Kenyan off-grid solar energy startup, has raised $543,000 in debt finance via Sweden-based crowdfunding company TRINE. This sum …
Frontier Car Group raises $89m from Naspers to expand in Nigeria & across Africa
The Frontier Car Group, which operates Cars45 in Nigeria has raised $89m from Naspers to expand its second-hand car auction …
Naspers Ventures leads $50m Series C round for home care company Honor
Naspers Ventures has led a $50m Series C round for home care company Honor, a comprehensive home care company for older …
Cellulant to scale Agrikore, it’s mobile blockchain-based platform to more farmers
After raising $47.5m from the Rise Fund, a global impact investing fund managed by growth equity platform TPG Growth, Cellulant, says …
Cellulant Raises $47.5 Million Series C From The Rise Fund to Expand its Digital Payments Across Africa
Cellulant, a digital payments provider that reaches 40 million people across 11 African countries has sold a $47.5m stake to …
Oikocredit invests € 1 million in Rwanda’s Inyenyeri to reach 150,000 households with clean energy
Social impact investor Oikocredit has made a € 1 million convertible loan to Inyenyeri, a fuel-utility company providing clean and …
Nigeria’s TradeDepot Secures $3 Million Series A Led by Partech to Digitize FMCG Distribution to Informal Retailers in Africa
TradeDepot, the innovative SaaS platform for FMCG distribution in Africa has raised $3 million in funding from Partech’s recently launched …
Kenya’s Africa’s Talking Raises $8.6m Series A Investment From IFC Venture Capital to Expand Across Africa
Africa’s Talking, a Kenyan based communication-platform-as-a-service (“cPAAS”) API startup, has raised $8.6 million Series A equity investment from IFC, a member …
Kenya’s Mobius Motors raises a $5 million debt financing to set up a manufacturing facility in Nairobi
Kenya's Mobius Motors has received a $5 million loan from The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development …
Cape Town-based SkillUp Tutors raises undisclosed Series A round from Knife Capital to scale the business internationally
Cape Town-based SkillUp Tutors, an online tutor marketplace has received a Series A funding round from Cape Town-based Knife Capital to accelerate …
Kenya’s m-survey raises $3.5 million from TLCom Capital to launch in South Africa
mSurvey, a startup that helps firms to gather customer feedback via the mobile phone has raised $3.5 million from TLCom …
Asoko Insight Secures $3.6 Million in Series A Funding Round for Pan-African Expansion
Asoko Insight, a London-headquartered provider of corporate intelligence with research bases in Accra, Lagos, Nairobi, Addis Ababa and Abidjan has …
Nigeria’s Terragon raises $5m funding from TLcom Capital to bolster its marketing tech
Terragon, a Nigerian mobile marketing firm has raised a $5 million funding from TLcom Capital to build its mobile ad technology …
Branch raises $70 million in series B from IFC, Andreessen Horowitz & CreditEase to launch savings & payments segments
Branch has raised $70 million in series B led by CreditEase, a Beijing-based leading FinTech conglomerate recently joined a group of prestigious …
Doubts about the ‘Africa Rising’ narrative as expatriate-founders take over Kenya’s startup ecosystem
African tech startups raised $560 million in VC funding in 2017, a 53% YoY Growth according to a report by Partech …
Africell raises $116.5m to fund its 4G roll-out & expand across sub-Saharan Africa
Africell Holdings has signed a new $116.5m syndicated loan for the expansion of its mobile network operations across sub-Saharan Africa. According …
Kenya’s Pawame raises over $2 million to expand its operations in Africa
Pawame, Kenya and UAE based off-grid solar start-up has raised $2 million from Gulf-based investors to electrify 150 million households …
African tech startups raised $560 million in VC funding in 2017
African tech startups raised $560 million in VC funding in 2017, a 53% YoY Growth as African entrepreneurs leverage tech …
Innovation hubs in Africa are overrated
There are over 300 tech hubs in Africa, with 50% of them concentrated in South Africa, Kenya, Nigeria, Egypt and Morocco. …
Entrepreneurs! Hurry, TEEP 2018 applications are closing in a few days
Hey there, are you an entrepreneur and need equity fee funding for your business or idea? Then you need to …
Sierra Leone’s Easy Solar raises undisclosed funding from Acumen Fund & Gaia Impact Fund
Sierra Leone's Azimuth trading as Easy Solar, a pay-as-you-go solar distribution company has raised funding from Acumen’s Pioneer Energy Investment Initiative, an effort …