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Egyptian Beauty Startup Glamera launches B2B Platform
Startup

Egyptian Beauty Startup Glamera launches B2B Platform

Egyptian beauty service booking platform Glamera has announced the launch of its B2B platform to helps customers with beauty salon management. Glamera was launched in 2019 to ease access to beautification services. Through the platform, users can book appointments with hundreds of contracted providers covering all beauty sections, including salons,
Sep 3, 2021 1 min read
Nigerian Agritech Startup Agricorp raises $17.5m Series A funding round
Startup

Nigerian Agritech Startup Agricorp raises $17.5m Series A funding round

Nigerian Agritech startup Agricorp, has announced it raised $17.5m in a Series A funding round to help it increase its production capacity to 7,000 metric tonnes. The round was led by Nigeria-based Vami with $11.5m in equity, while One Capital LLC and AFEX also supported the round.
Sep 3, 2021 1 min read
African Solar Energy Startups Can Benefit from Energy Access Relief Fund’s $68m Funding
Startup

African Solar Energy Startups Can Benefit from Energy Access Relief Fund’s $68m Funding

Social Investment Managers and Advisors’ (SIMA) Energy Access Relief Fund (EARF), that recently raised $68m in capital has revealed it will provide finance to almost 90 energy-related businesses in Sub-Saharan Africa and Asia in the form of short-term loans. The EARF was launched this year by a coalition of development
Sep 3, 2021 2 min read
MyFawry comes 1st in Forbes' Top Fintech Apps in the Middle East ranking
Startups

MyFawry comes 1st in Forbes' Top Fintech Apps in the Middle East ranking

Leading e-payment platform, MyFawry has been awarded as the top fintech app in the Middle East by Forbes Middle East. The report by Forbes also highlighted other leading mobile apps that would help customers make payments, transfer, borrow money as well as invest online. MyFawry already possesses these features and
Sep 2, 2021 2 min read
Moroccan E-commerce Propagator Lacaisse.ma Secures Funding to Scale Its Points Of Sale Solutions
Startup

Moroccan E-commerce Propagator Lacaisse.ma Secures Funding to Scale Its Points Of Sale Solutions

Digital e-commerce solutions propagator Lacaisse. ma has announced it raised an undisclosed amount from WitaMax to scale its services. Lacaisse. ma was founded in 2016 by Southbridge A&I and the Axxam Family Office and has since operated as a key player in the digitization of local shops through
Sep 2, 2021 1 min read
Nigerian e-Commerce Startup, Bumpa raises $200k pre-seed Funding
Startup

Nigerian e-Commerce Startup, Bumpa raises $200k pre-seed Funding

Nigerian e-Commerce startup, Bumpa has announced it raised $200k in a pre-seed funding round. Greencap Equity, HOAQ Club, Whogohost Venture Arm, Rizq Investment Group, Microtraction, DFS Labs, Aidi Ventures, Prosper Otemuyiwa, OO Nwoye, Perfect Makanju, and other angel investors all participated in the round. Bumpa was launched this year by
Sep 2, 2021 2 min read
Kenyan Insurtech Startup MotiSure launches API-powered Platform
Startup

Kenyan Insurtech Startup MotiSure launches API-powered Platform

Kenyan Insurtech startup MotiSure has announced the launch of its API-powered platform to provide personal accident cover for commuters and riders through embedding insurance in tickets and other points of sale within mobility. MotiSure was co-founded in 2021 by the trio of Joel Macharia, Jane Njau, and Thuita Wachira. The
Sep 1, 2021 2 min read
Zambian Healthtech startup Dawa Health Plans Regional Expansion
Startup

Zambian Healthtech startup Dawa Health Plans Regional Expansion

Zambian Healthtech startup Dawa Health, has announced it is planning expansion across Africa as it aims to empower more rural mothers in Africa through its digital health platform. Dawa Health was founded in 2018 and operated as a medical hardware startup, providing wearable devices to monitor geriatrics medical parameters to
Sep 1, 2021 1 min read
Ridelink partners Anzisha & others, secures $150k Pre-seed Funding
Startups

Ridelink partners Anzisha & others, secures $150k Pre-seed Funding

Uganda-based e-logistics startup, Ridelink, has partnered with Omidyar Network, African Leadership Academy’s Young Entrepreneurs Fund (Anzisha), and Ortus Africa Capital, while it raised pre-seed funding of US$150,000 to scale its operations. This latest pre-seed funding brings Ridelink’s total investment to US$250,000, having drawn private
Aug 31, 2021 1 min read
African social media startup, ear1 close $520,000 pre-seed round
Startups

African social media startup, ear1 close $520,000 pre-seed round

Ear1, an African social media startup that allows people to talk to influencers and professionals for a small amount, has announced the raise of a $520,000 pre-seed round. The round was led by Danny Oyekan of Dan Ventures, with Alkesh Thavrani of Stellar International and Prosper Otemuyiwa (CTO of
Aug 31, 2021 3 min read
LoftyInc Capital launches third fund at $10M to diversify its investment in African startups
Startups

LoftyInc Capital launches third fund at $10M to diversify its investment in African startups

Pan-African VC firm, LoftyInc Capital, has announced on Tuesday that it is launching its third fund — LoftyInc Afropreneurs Fund 3 — at $10 million for tech startups in Africa. The firm has seen the first close of $5.5 million. Some of the limited partners in the vehicle include FBNQuest Funds,
Aug 31, 2021 3 min read
Call for entries: Seedstars global Digital Democracy Challenge
Startups

Call for entries: Seedstars global Digital Democracy Challenge

Seedstars has announced for submission of entries into its global Digital Democracy Challenge, a hackathon that seeks to provide innovative solutions that strengthen and promote digital democracy. The program is looking for innovative and cost-effective solutions that can help citizens, activists, civil society actors, disenfranchised political actors engage in the
Aug 30, 2021 2 min read
Nigerian B2B Startup Sabi Raises seed fund as it hits 150k merchant mark
Startup

Nigerian B2B Startup Sabi Raises seed fund as it hits 150k merchant mark

Nigerian B2B e-Commerce startup Sabi, serving Africa’s informal sector, has announced it secured an undisclosed amount in a seed funding round. The startup also announced it has received over 150,000 small business users on its platform. CRE Ventures, Janngo Capital, Atlantica Ventures, and Waarde Capital all participated in
Aug 30, 2021 1 min read
Senegalese Mobility Startup, Kai Senegal, raises Seed Fund
Startup

Senegalese Mobility Startup, Kai Senegal, raises Seed Fund

Senegalese mobility startup Kai Senegal has announced it raised an undisclosed amount in a seed funding round. The round was led by Mobility 54, the corporate venture capital arm of Toyota Tsusho Corporation, to help it scale. Kai Senegal was founded in 2018, with the aim of connecting customers to
Aug 30, 2021 1 min read
Moroccan e-Commerce startup Chari.ma raises funding, Acquires Mobile Credit platform
Startup

Moroccan e-Commerce startup Chari.ma raises funding, Acquires Mobile Credit platform

Moroccan B2B e-commerce startup Chari.ma, has announced it closed a round of funding and the acquisition of mobile credit book application Karny.ma. The funding was secured from Plug and Play to scale its services, having also secured capital from the Orange Ventures seed challenge in 2020 Charo.ma
Aug 28, 2021 1 min read
Rwandan Health-tech Startup, Viebeg Technologies, Secures Pre-seed Funding
Startup

Rwandan Health-tech Startup, Viebeg Technologies, Secures Pre-seed Funding

Rwanda-based health-tech startup using an innovative data-driven procurement platform to offer high-quality medical supplies and equipment throughout Central and East Africa, Viebeg Technologies, has announced it raised an undisclosed amount in a pre-seed funding round. The pre-seed funding round was led by Beyond Capital Ventures. Eckenstein Geigy Stiftung and Eva
Aug 27, 2021 1 min read
Pan-African fintech startup, PawaPay, raises $9m seed for expansion
Startup

Pan-African fintech startup, PawaPay, raises $9m seed for expansion

African Fintech startup, PawaPay, has announced it secured $9m in a seed funding round. The round was co-led by MSA and UK-based investment fund 88mph, with participation from Vunani Capital, Kepple Ventures, and Nigerian-Ghanaian music star, Tosin Ajibade, otherwise known as Mr. Eazi’S Zagadat Capital. Pawapay was founded in
Aug 27, 2021 2 min read
After raising $200K, Nigerian fintech startup, Awabah, joins Techstars London accelerator
Startups

After raising $200K, Nigerian fintech startup, Awabah, joins Techstars London accelerator

Awabah, a Nigerian fintech startup that provides micro pension services for people in formal and informal employment, announced over the weekend that it has been accepted into the Techstars London accelerator program alongside nine other startups. This is coming after the digital pension startup raised $200K from early-stage angel investors,
Aug 26, 2021 1 min read
South African Cleantech Startup, SPS, Raises $40m in Funding
Startup

South African Cleantech Startup, SPS, Raises $40m in Funding

UK’s developer and investor in African electrical networks, Gridworks, and Fresh GX, a South African investment business, have announced an investment of $40 million in South Africa’s energy startup Sustainable Power Solutions (SPS). SPS was founded in 2010 by Axel Scholle, the startup partners with commercial and industrial
Aug 26, 2021 2 min read
South African E-health Startup, VitruvianMD secures $659k investment
Startups

South African E-health Startup, VitruvianMD secures $659k investment

VitruvianMD, a South African e-health startup, has raised a US$659,000 financing round to scale its technology and launch more pilots. The round was led by the Singapore-based Verge Healthtech Fund and several angel investors. VitruvianMD combines biomedical engineering and cutting-edge artificial intelligence (AI) to provide medical laboratories with
Aug 25, 2021 1 min read
Egyptian e-Commerce Startup MaxAB acquires Morocco’s WaystoCap after securing $15m extra funding
Startup

Egyptian e-Commerce Startup MaxAB acquires Morocco’s WaystoCap after securing $15m extra funding

Egyptian e-Commerce startup MaxAB has announced it acquired Moroccan B2B startup WaystoCap as it plots expansion into the Maghreb region. This announcement came after the startup secured an additional $15m to the $40m Series A round it secured last month. MaxAB was launched by Belal El-Megharbel and Mohamed Ben Halim,
Aug 25, 2021 2 min read
Andela Learning Community hits new Milestone, exceeds 100,000 Learners
Startups

Andela Learning Community hits new Milestone, exceeds 100,000 Learners

Andela, the global talent network that helps companies build remote engineering teams, has announced Tuesday, a new milestone for its developer learning community. Andela Learning Community (ALC) has now surpassed 100,000 learners. Launched in 2017, Andela’s Learning Community (ALC) works with the belief that brilliance is evenly distributed
Aug 25, 2021 2 min read
Quro Medical and Life Healthcare partner to provide hybrid healthcare delivery for Africans
Startups

Quro Medical and Life Healthcare partner to provide hybrid healthcare delivery for Africans

Quro Medical, a Johannesburg-based health tech startup that offers accessible and affordable healthcare for South Africans has secured undisclosed financing (PDF) from Life Healthcare (LHC), a leading international healthcare organization, and South Africa’s largest private hospital chain. This deal is coming after Quro Medical raised a $1.1 million
Aug 24, 2021 2 min read
African Mobility startup, Plentywaka raise a $1.2M seed financing, acquires Ghana’s Stabus
Startups

African Mobility startup, Plentywaka raise a $1.2M seed financing, acquires Ghana’s Stabus

Plentywaka, an African mobility startup with a presence in Lagos and Toronto has secured a $1.2 million seed round to scale its operations, after graduating from the Techstars accelerator program last month. The round was led by a Canada-based VC firm, The Xchange. SOSV and Shock Ventures also participated
Aug 24, 2021 2 min read
DR Congo Partners with Edtech Startup Schoolap to Digitize Its Entire School System
Startup

DR Congo Partners with Edtech Startup Schoolap to Digitize Its Entire School System

The government of DR Congo has announced a partnership with Schoolap to digitize the country’s entire education system. Schoolap was founded in 2017 by Pascal Kanik and Guy Jose Leta with the aim of digitization of education in the DRC. The platform has been able to provide students in
Aug 24, 2021 1 min read
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