Netflix revealed on Monday that it is launching a free mobile plan for users in Kenya; a move the streaming giant believes will boost user growth and lead to the adoption of its paid service in the East African nation with over 20 million internet users. “If you’ve never

Cartona, an Egyptian B2B platform that connects retailers to manufacturers and wholesalers has announced the successful close of a $4.5 million Pre-Series A fundraise. The round was led by Dubai-based, international venture capital firm, Global Ventures. Other participants in the round include Kepple Africa Ventures, T5 Ventures, and a

54gene, a health technology company with operations in Nigeria and US, has secured $25 million in a Series B funding round by pan African venture capital firm Cathay AfricInvest Innovation Fund. Other participants in the round include Adjuvant Capital, KdT Ventures, Plexo Capital, Endeavor Capital, Ingressive Capital and others. This

Releaf, a Nigerian agritech startup that develops proprietary hardware and software solutions for African farmers and food factories has secured $4.2 million in seed funding. The total sum comes from a $2.7 million seed funding round and $1.5 million in grants. The funding round was led by

Egypt-based B2B e-commerce startup Capiter has raised a $33 Million Series A funding round to power its rapid expansion into digital financial services and additional markets. The investment was co-led by fintech-focused venture firm, Quona Capital and MSA Capital, an independent and interdisciplinary investment company. Other participating investors include Savola,

Egypt-based fintech and micro-loan solutions provider, Kashat has announced the close of a $1.75 million Bridge funding round to develop its platform and expand its operations. The Bridge round was led by the Pan-African fund Launch Africa, whose mandate is to back companies that tackle the most meaningful challenges

Nigerian digital commerce startup, OurPass has closed a $1 million pre-seed round to scale their one-click checkout platform across the country. The round was led by Tekedia Capital and angel investors from Fortune 500 companies. This round will enable OurPass to hire more talent and further develop its technology. Founded

Kenyan mobile money platform, M-Pesa has announced a milestone of 50 million active users across Africa. Making it the most popular mobile money platform in the continent, and Africa’s largest fintech company. This was revealed by the M-Pesa Africa managing director Sitoyo Lopokoiyit. In a statement to mark the