The biggest online marketplace for student housing, Student.com, has announced an expansion in its shareholding in the South African digital housing startup, DigsConnect.com. The announcement follows an undisclosed
It’s similar to sprinting when using an accelerator. It is a quick, all-encompassing, and demanding learning process designed to hasten the growth of innovative, emerging businesses by compressing years’
Jumba’s $4.5 million seed funding round represents a significant milestone for the Kenyan-based construction technology startup. The funding will enable Jumba to scale its operations in Kenya to
Since the dawn of human civilization, cities have been the epicenters of economic, social, and cultural activity. The emergence of advanced technologies from the fourth industrial revolution has made its
Guardrisk, an affiliate of Momentum Metropolitan and an insurance provider, is looking to invest $2.7m (R50 million) in insurtech companies over the next 12 months via its Launchpad initiative.
The e-commerce Sector is growing rapidly in Kenya, with user penetration exceeding the regional average and revenues expected to grow at a 16.4% annual rate by 2025. E-commerce generated
Fluidcoins, a Nigerian crypto payment gateway startup, has been acquired for an undisclosed sum by Blockfinex, a Dubai-based, Barbados- and Seychelles-registered crypto exchange company. Meanwhile, the Fluidcoins founding team will
Smile Identity, a startup that provides identity verification and KYC compliance for African faces and identities, has raised $20 million in a Series B funding round for further expansion and
Clean technology (Cleantech) is a catch-all phrase that refers to a variety of procedures, goods, and services with the objective of minimizing waste by utilizing non-renewable resources. The use of
FoodLabs, a European early-stage VC investor and venture studio for food, sustainability, and health, led the $1.5M Preseed fundraising round for Terraa, a food delivery platform with headquarters in
The African fintech sector has been the dominant force in the continent’s tech startup space for years. It has grown rapidly, transforming the financial landscape and increasing access to
Naked Insurance, an AI-driven Insurtech company, has secured $17 million (roughly R290 million) in series B funding. The funding round was organized by International Finance Corporation (IFC). This round also
