Lagos based Insuretech startup, Curacel has raised $450,000 in a pre-seed funding round led by Atlantica Ventures and Consonance Capital with participation from Kepple Ventures and other African angel investors. The startup which was founded by Henry Mascot and John Dada in 2017 uses its AI-powered platform for claims

South African based multi-medical device development startup, Impulse Biomed, has secured an undisclosed amount in a venture capital investment towards developing its innovative medical device. The investment was made by South African based asset management firm, Futuregrowth. Known for making late-stage venture capital investments, this will be the first time

The Savvy Fellowship Program which caters for Aspiring and Early-Stage Entrepreneurs has announced the addition of 14 new languages to its virtual fellowship programme. The programme which was launched in August 2020 had about 90 languages at inception. The addition of 14 new languages today brings the total languages to

Nigerian based Fintech Start up, Bankly   – a platform digitizing cash for the unbanked has announced the close of a $2million seed round funding. The funding round was co-led by Vault, the holding company of VANSO, a fintech that was acquired by Interswitch in 2016; and the payment processing company Flutterwave.

Ghana based healthtech startup, Redbird has raised 1.5million in Seed Round of investment with Johnson and Johnson, Newtown Partners (via the Imperial Venture Fund) and Founders Africa participating in the round. This investment brings the total amount raised by the company to $2.5 million in seed funding. The

Afriex, a startup backed by Ycombinator has secured $1.2million in seed funding to expand its payment and remittance reach across Africa. The round was led by Pan African VC firm, Launch Africa. Other investors like Y-Combinator, SoftBank Opportunity Fund, Future Africa, Brightstone VC, Processus Capital, Uncommon Ventures, A$AP

Discovery Inc., a global leader in real-life entertainment and world history has announced their decision to renew its longstanding partnership with beIN Media Group across the Middle East and North Africa. This partnership which was signed in 2016 has provided fans with interesting content from HGTV, Food Network, Travel Channel,

Nigerian based communications as a service (CaaS) startup, Termii has just closed a $1.4 million seed round. The round was co-led by early stage VC firm Future Africa and Japanese but Africa-focused VC Kepple Africa Ventures. Other investors that participated in the round include Acuity Ventures, Aidi Ventures, Assembly

There are over 57million unbanked people in Nigeria and the battle to reach these people is fierce between banks and Fintech companies. One of the major contenders in this battle is Kuda bank which seeks to make banking more accessible, affordable and rewarding for every African. The bank which prides

Lagos based logistics, last mile delivery and transportation start-up has appointed Nikhil Goel as its new CEO. He was officially confirmed as CEO yesterday, after spending 8months leading the company after the tragic death of the founder and CEO Fahim Saleh in July 2020. In his new position, Goel will

A South African based security and medical response platform, AURA has announced its plan to expand its emergency and medical response operations to Nairobi and Mombasa, Kenya. The expansion to the East-African country is coming on the back of the partnership that has been secured with GardaWorld owned KK Security