Autochek is spinning out Autochek Financial Services, a new lending fintech to provide a range of vehicle financing solutions for…
Latest in Startups
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Startups
Mumzworld, Middle East’s online baby shop expanding its operations in Dubai with new massive fulfilment centre
by James Musobaby James MusobaMumzworld, the largest online baby shop in the Middle East that will be expanding its operations in Dubai with a…
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Egypt-based startup Grinta, a fintech-enabled B2B tech platform digitising the pharmaceutical supply chain, raised $8 million Seed funding co-led by…
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Morocco-based edtech Smartprof, an online tutoring marketplace for school-aged students has secured a pre-Seed funding round of $110,000 from Plug and…
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Snapplify ,an edtech platform that specialises in enabling digital learning via the largest digital education marketplace in Africa has partnered with the pan-African publishing house Longhorn…
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UAE-based proptech Silkhaus, has raised a $7.8 million Seed round from Nuwa Capital, Nordstar, Global Founders Capital, Yuj Ventures, Whiteboard…
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StartupsVenture Capital
IFC launches $225 million platform to strengthen VC ecosystems in Africa, Middle East
World Bank-backed International Financial Corporation (IFC) has launched a $225 million platform to strengthen venture capital ecosystems in Africa, the…
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US-based and Mena-focused VC firm Modus, a Venture Platform operating in MENA comprising VC funds, Venture Builders, and a Corporate…
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Branch International, a San Francisco-based fintech with operations across Nigeria, Kenya, Tanzania, and India, has announced the appointment of Seun…
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Startups
Online marketplace Jiji announces Black Friday offers for buyers and sellers on their platform
Jiji Kenya, the online marketplace has announced Black Friday offers for both the buyers and sellers on their platform. Sellers…
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Startups
UAE -based fintech uqudo partners with numerous companies to enhance digital identity in Africa
uqudo , a digital identity company that makes customer onboarding safe, efficient and cost-effective has partnered with numerous entities in the African…
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Egypt-based fintech Blnk, a fintech startup that enables instant consumer credit in Egypt, has raised $23.7 million in equity and…
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Fawry, the Egyptian e-payments solutions provider, has announced today that its subsidiary Fawry Microfinance has launched the Tamweelak Fawry mobile app. Tamweelak…
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StartupsVenture Capital
Venture firm Village Capital launches new report promoting the financial inclusion of migrants
Village Capital, a venture capital firm that finds, trains, and invests in early-stage ventures solving major global problems in agriculture,…
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The Zenith Bank Pitching Competition has opened call for entrepreneurs in Nigeria with tech-enabled, scalable solutions designed to innovate businesses from different…
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BusinessStartups
Sendy secures investment from MOL PLUS to scale up Fulfillment services across Africa
Sendy, Africa’s Fulfillment and Logistics enabler has today secured undisclosed funding from MOL PLUS Co., Ltd, the Corporate Venture Capital…
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Startups
Electric two-wheeler starup MAUTO closes a $5 million transaction in the voluntary carbon offset market
MAUTO, the electric two-wheeler in Africa has announced the first closing of a $5 million transaction in the voluntary carbon…
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Algeria-based super app Yassir, a multi-sided marketplace offering on-demand services such as ride-hailing, food and grocery delivery, banking and more…
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Startups
Morocco-based fintech startup WafR raises $120,000 to expand its network of clients and FMCG brands
Morocco-based fintech startup WafR, has raised $120,000 from First Circle Capital, bringing the company’s post-funding valuation to over $10 million.…
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Egypt-based foodtech startup Brotinni, has raised a $600,000 Seed round led by Innlife investments. Founded by Dalia Abou Omar, Brotinni…
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BusinessStartups
Jumia appoints new Management Board and Acting CEO as Jeremy Hodara and Sacha Poignonnec step down
Jumia Technologies , African e-commerce platform has announced the appointment of a new Management Board and Acting CEO, as Jeremy Hodara and Sacha…
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Pyypl , the Middle East and Africa (MEA) focused financial services platform and Hub71 company has closed its target Series B…
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The global pandemic has transformed the tourism industry and two years later, Kenya is finally seeing recovery. According to Trading…
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EnergyStartups
Renewable energy company ZOLA Electric launches first-of-its-kind distributed mini-grid in Rwanda
ZOLA Electric, the Emerging Market energy technology company has announced the launch of the first-of-its-kind, distributed mini-grid. The groundbreaking mini-grid project,…
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UAE-based X-ERA for tech-services and logistics has acquired Egypt’s B2B marketplace SPEED, as part of its international expansion strategy. The…
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UAE-based car subscription platform invygo, has announced a $10 million Series A funding led by MEVP. The round also included…
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Morocco-based open finance startup Spotter has raised an undisclosed amount of funding from UM6P Ventures. The announcement was made through…
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YEGO Global has launched operations in Kenya through its subsidiary – YEGO Mobility Kenya Limited to provide customized taxi-hailing services…
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StartupsTransportation
NTSA Approves Four Companies To Operate As Transport Network Companies In Kenya
The National Transport and Safety Authority has approved Uber, Bolt, Little Cab, and Yego Mobility as the only Transport Network Companies licensed to…
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Ecobank Group has announced that Touch and Pay, a Nigeria-based fintech has won the 2022 edition of the Ecobank Fintech Challenge. The announcement was…