In order to democratize access to the African venture capital arena, the Africa Chamber of Digital Commerce (ACOFDC) and Dream VC have announced their strategic ecosystem partnership. The goal of
Botswana’s Aeronautical Solutions has created the nation’s first unmanned aerial vehicle (UAV) for use in anti-poaching drills as well as for security and surveillance needs. The drone project,
Eagle Towers, the portfolio division of Infra Impact Investment Managers, a South African infrastructure investment company, has secured over $5million (ZAR 100 million) loan facility that will be utilized to
The Wahala Continues
Expectedly, this year began in similar fashion as Q4 2022. The inability of the global economy to handle financial and social inefficiencies has created a devastating wahala
Yellow Card, a Pan-African cryptocurrency exchange founded by Chris Maurice and Justin Poiroux, has become the largest centralized exchange in Africa, having facilitated $1.75 billion in transactions since its
Blessmi, a Nigerian tech-for-good startup, and innovative fundraising platform designed to help individuals and organizations raise funds for good causes and personal needs has announced a significant milestone of $217
Tkyr, a Saudi digital platform for food delivery, raised a US$ 4 million fund in a Pre-Series A round led by a Saudi food company, Food Square.
Other investors participating
Innovators in the green technology sector in Africa are urged to submit applications for the Green Innovation Hubs (GiH) incubation initiative. The program is intended to provide innovative enterprises with
Agriculture is the mainstay of the Kenyan economy, accounting for more than 20 percent of the GDP and employing over 40 percent of the total population according to a report
Stitch, a payments infrastructure firm based in South Africa, has increased the scope of its services to offer end-to-end payment services (PSP). A system for orchestrating and reconciling payments called
The Turkey-based ride-hailing startup, Volt Lines has closed its carve-out round, with a 30 percent oversubscription, after separating from SWVL in January.
The round will help Volt Lines to achieve
In the last year, tech startup shutdowns have become a recurring phenomenon in Kenya’s tech startup ecosystem, with Zumi, a B2B e-commerce startup, announcing this week that it has
