SA fintech raises funding to grow its SME Credit marketplace to bolster the SME...

LeBashe, which is 100% black owned and managed, has invested in RainFin, resulting into RainFin’s direct black ownership increasing to over 75% in a...

Blockchain technology disrupting Kenya’s small business sector

It has been a long while before Kenya warmed up to the blockchain, previously regarded with suspicion and relative hostility, with some even referring...

New digital platform launches to allow cross-border remittances into Nigeria, Ghana, Kenya, Serria-Leone

The global average cost of sending remittances was at 7.2 percent in 2017 Q3, significantly higher than the SDG target of 3 percent.  According to...

This Kenyan startup has raised $1.2 million to deliver solar energy to more homes...

SunFunder has set up a $1.2 million facility for Questworks, a Kenyan firm focused on delivering its strong pipeline of commercial and industrial (C&I)...

Fuzu launches in Uganda to shape the future of the country’s job market

Fuzu, Swahili for succeed, a career development, recruitment and learning solutions firm has launched its operations in Uganda.in collaboration with 25 launch partners including Microsoft,...

Why native African investors are shying from backing local tech startups and why this...

In May of 2000, The Economist in no subtle terms labeled Africa 'The Hopeless Continent'. Making up its mind that the continent was gone...

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 the investment will help scale...

Ghafla’s pan-African move paying off as it turns revenue positive in Ghana, Nigeria &...

Ghafla, Kenya's entertainment site has successfully expanded nto Uganda, Tanzania, South Africa, Ghana and Nigeria in a pan-African expansion move to become Africa's TMZ,...

Safaricom to launch Bonga, a WeChat clone to help take M-Pesa global and social

 WeChat is fueling a giant ecosystem in China. It has 902 million users daily, 806 million monthly users for WeChat Pay in 25 countries....

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 Ventures with a total of 128...

How Fuzu wants to become the go-to platform for emerging market talent

Fuzu is a Swahili verb meaning ‘to succeed’. Fuzu the company, is a Pan-African company that launched the Fuzu employment platform in 2015. It...

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. However, Innovation hubs in Africa...

A couple of lessons from a couple of failed African startups

Much as we would like to talk about the roses and daisies of the startup world, the funding rounds and bright futures, we still...

African entrepreneurs need to be obsessed with data & AI, says Cellulant’s R&D chief

2017 marked the launch of Jack Ma’s AliBaba Group eFounders initiative program, in partnership with United Nations Conference on Trade and Development (UNCTAD). This...

Why Kenya is tailing Nigeria as Africa’s Silicon Savannah

Over the past few years Kenya and Nigeria have risen through the ranks in the technology space, booting South Africa out of its previously...

This new Kenyan startup is taking on banks and mobile wallets

Kenya's PI Consulting Services has launched Bayes to allow users to make payments quickly and securely while analyzing your spending patterns and tracking them for...

Kenya’s Bitsoko wants to take cryptocurrencies mainstream

Over the past few weeks, cryptocurrencies, in particular, Bitcoin, has made headlines with its exponential growth, increasing its value by nearly $1000 overnight. This...

Jumia is simplifying its platform for vendors to hold-up Safaricom’s Masoko

No one likes competition due to the advantages and benefits that come with being in control of a particular area. It’s only natural –...

Struggling Rocket Internet’s Jumia Market Calls it a Day in Nigeria, Kenya & across...

UPDATED: Rocket Internet's online marketplace Jumia Market has called it a day and is no longer accepting new inventory in both Nigeria, Kenya and...

Why Kenya’s bribery reporting site IPaid a Bribe died just like that

Founded and operated by Wamani Trust, Kenya's ipaidabribe.or.ke was a bribery monitoring and reporting platform allowing people in Kenya from all walks of life...

What killed Nigeria’s dating site Linda & What you can learn from its untimely...

Launched by ex-Carmudi Nigeria employees, Linda.com.ng, was a dating site which expected to make it easy for singles in Nigeria to find and date...

Nation Media Group’s Nation Hela calls it a day after a miserable three-year run

Nation Media Group’s debit card, National Hela, has been abandoned after operating for nearly four years in space-without customers and merchants who cared about...

ionacloud and the mess conferences do to your unshipped product

ionacloud was never going to ship from day one, and everyone knew it but no one dared ask the team any real infrastructure questions...

Fashion startup Closet49 succumbs after a long-fought battle with cheap new imports

Closet49 was one time Kenya’s only online marketplace for trendy, fashionable, unique and eclectic items but seems to have succumbed to cheap new imports...

Inside the surrender & death of Kenya’s peer-to-peer learning platform Shakili.com

Despite having Dr. Bitange Ndemo, former PS; Ministry of Information & Communications as an advisor and mentor, Shakili.com,  a peer-to-peer learning platform that aimed...

How Kenyan social network Sembuse died before you even signed up

Long in the days of GPRS (2G and 3G) feature phones, ambitious Mbugua Njihia launched Sembuse.com, a Java-based messaging and content platform long before...

Looking at the Untimely Death of BookNow, Kenya’s Uber for Buses

BookNow, a bus booking platform was founded in September of 2013 and headquartered in Nairobi - Kenya, and was the first and only bus...

In loving memory of Cladlight, a Kenyan motorcycle smart jacket startup

Founded by Joseph Muchene, a Certified Public Accountant – Kenya, and Charles Muchene, an Electrical and Electronics Engineer,  Cladlight wanted to develop a smart...

Remembering SafariDesk, Kenya’s Travel Marketplace

Founded in December 2012 and launched in May 2013, SafariDesk was a travel marketplace and vacation booking platform connecting travelers to offers, discounts, and...

Accommodation booking site SleepOut goes to sleep and it might be for good

Launched in Kenya in May 2012, SleepOut.com was an accommodation booking site focused on Africa before Airbnb became known and commonplace on the continent. The...