Startups
Tamatem, MENA’s mobile games publisher raises $3.5M to expand globally
Tamatem, the Arab world's mobile games publisher, has raised a $3.5M Series A follow-on round to double down on the...
Nigeria’s Blockchain startup Bitfxt raises $15M for expansion
Nigeria's Blockchain startup Bitfxt which also runs Bitfxt cryptocurrency exchange platform has raised $15M in funding from a UK syndicate...
2020 Anzisha Prize Opens for Applications
The 2020 Anzisha Prize–Africa’s premier award and fellowship for Africa’s youngest entrepreneurs has called for applications is now open targeting...
Third Edition of the Africa4Future Aerospace Acceleration Programme Opens for Applications
The third edition of Africa4Future, a joint accelerator program between Airbus’ global aerospace accelerator, BizLab and Make-IT in Africa, has...
African startup founders raise USD 100,000 in Nairobi mentorship program
The first African cohort of innovators program started by Antler, an international startup generator firm held their demo in Nairobi,...
Digital healthcare platform Vezeeta raises $40M Series D round for expansion
Vezeeta, Middle East and Africa's digital healthcare platform has raised $40 Million in its Series D round led by Middle...
Nigeria’s Aella Credit raises $10m from Singapore’s HQ Financial Group (HQF) to serve the underbanked
Nigerian fintech start-up, Aella Credit has raised a $10m debt financing round, from HQ Financial Group (HQF), Singapore-based private company,...
This new African Angel Academy wants to accelerate angel investing in Africa
The African Angel Academy has been launched to help boost the trade for Angel Investors in Africa as their role...
Superfluid Labs, a Kenyan data analytics startup to receive $5,000 from ENGIE Challenge
Superfluid Labs, a Kenyan data analytics startup has been named winner of the ENGIE Challenge at Africa Tech Summit Kigali,...
3 Tips to Save Money Booking Your Next Hotel Room
According to Mike Heflin, a senior vice president of the hotels' division at Travel Leaders Group, it is not uncommon...
Daystar Power raises $4m from SunFunder for rapid buildout in Nigeria
Daystar Power, a commercial and industrial (C&I) solar developer, has raised $4 million from SundFunder to provide solar power and...
Farmcrowdy acquires Best Foods to enter the lucrative meat processing market in Nigeria
Farmcrowdy has acquired Best Foods (L&P), one of the largest meat processors in Lagos, Nigeria with the capacity to process 120...
Minderz SA Launches a Dedicated Social Media Community & Wellness App For Pets
Minderz South Africa has launched a pet care application that will provide a dedicated social media community for your pets....
TLcom Has Closed a $71M Deal For It’s Sub Saharan Africa Focused Tide Fund
TLcom, the Africa-focused Venture Capital firm has today secured an additional $31M for its TIDE Africa Fund. The deal brings...
Founders Factory Africa backs 5 startups in its 2020 Venture Scale programme
Founders Factory Africa has selected five new startups into its Venture Scale programme, backed by Standard Bank and Netcare. Founders...
Kenya’s Sendy raises $20 million to expand to West Africa
Kenya's Sendy raises $20 million backed by automotive company Toyota Tsusho to expand to West Africa. Sendy, which has been...
Google Launches Tangi a New Video Sharing App For DIY Tutorials
Google has introduced a new video-sharing application called Tangi. The app works similar to IGTV, TikTok and Byte which now...
Kenya’s Tanda raises undisclosed funds from SA-based HAVAÍC
HAVAIC has announced it invested into Nairobi based Dukapay Ltd (trading as Tanda) in advance of a syndicated seed round...
Knife Capital set to launch KNF Ventures Fund 2 to bolster startup investments
Knife Capital is launching KNF Ventures Fund 2 and working on ways to plug the Series-B funding gap that exists...
CiTi’s Women in Business programme Opens for Western Cape Women Entrepreneurs
CiTi's Women in Business programme, now in its third year has opened for Western Cape Women Entrepreneurs from February 2020....
Morocco’s real estate site Mubawab raises $7m for expansion
Mubawab, a real estate site in Morocco, created in 2010 has raised another $7 million in funding led by the EMPG Group...
Rensource raises $3m equity investments from Proparco, EU
Rensource has raised $3 million from Proparco, with the support of the European Union under the Africa Renewable Energy Scale-Up...
Grant Brooke, Co-Founder, Twiga Foods steps down from active management
Grant Brooke, Co-Founder, Twiga Foods has stepped down from active management of the firm he co-founded more than five years...
Nigeria’s VerifyMe secures Series A financing from Consonance Investment Managers
VerifyMe Nigeria, an ID verification and KYC technology company, recently secured a Series A financing for an undisclosed amount from...
Leila Janah, Founder & CEO of Samasource Passes On at 37
Samasource, a Nairobi and San Francisco-based AI training provider, has lost its founder and CEO Leila Janah, to a rare form...
Omidyar Network Spins Off Imaginable Futures, a $350 Investment Firm Focused on Learning
Omidyar Network has spun off Imaginable Futures, its global philanthropic firm focusing on unlocking human potential through learning. Imaginable Futures...
SA VC firm Kalon Venture Partners invests in cyber-security email protection and compliance business, Sendmarc
Sendmarc, a cyber-security email protection and compliance business, has received investment from South African venture capital firm Kalon Venture Partners....
Vuba Vuba launches in Kigali to fill the gap left by Jumia Food
Vuba Vuba Africa, a new online food ordering and delivery platform has launched in Rwanda to fill the gap left...
Why CanGo, on-demand ride-hailing platform formerly SafeMotos called it a day
CanGo, on-demand ride-hailing platform has called it a day, just seven months after it launched in Kinshasa. SafeMotos, an on-demand...
5 African credit scoring startups selected for ENGIE challenge at Africa Tech Summit Kigali
5 African startups with solutions in the credit scoring space have been selected to pitch for the chance to secure...