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Catalyst Fund Announces First Close of target $40M Fund to Accelerate African Climate Innovation

Catalyst Fund Announces First Close of target $40M Fund to Accelerate African Climate Innovation

Wasoko Expands to the Democratic Republic of Congo

Wasoko Expands to the Democratic Republic of Congo

Wasoko, Africa’s largest B2B e-commerce network has announced its expansion into the Democratic Republic of Congo (DRC) leveraging its existing e-commerce hub in neighbouring Rwanda. The announcement marks the startup’s second country expansion this year after launching its Zambia operations in May 2023, which forms the latest phase

Jack Dorsey’s Btrust's Acquisition Of Qala Signals A New Dawn For African Crypto Development

Jack Dorsey’s Btrust's Acquisition Of Qala Signals A New Dawn For African Crypto Development

Kenyan Crypto Payments Startup Kotani Secures $2M to Power Cross-Border Remittances In Africa

Kenyan Crypto Payments Startup Kotani Secures $2M to Power Cross-Border Remittances In Africa

Kotani Pay, a Kenya-based crypto payments startup has secured $2 million in a pre-seed funding round led by San Francisco-based P1 Ventures and other investors like DCG/Luno and Flori Ventures. The startup intends to address the challenges faced by underserved populations in Africa when it comes to cross-border remittances,

Google Appoints Nigerian Alex Okosi MD For Africa

Google Appoints Nigerian Alex Okosi MD For Africa

Google has announced the appointment of Nigerian-born Alex Okosi as its Managing Director for Africa.

Pesapeer Rebrands As Pesa To Redefine Its Core Identity

Pesapeer Rebrands As Pesa To Redefine Its Core Identity

Ghanaian Healthtech Startup, mPharma Lays Off 150 Employees To 'Right-Size' Its Workforce

Ghanaian Healthtech Startup, mPharma Lays Off 150 Employees To 'Right-Size' Its Workforce

Geothermal Powered Data Centre Unveiled in Kenya

Geothermal Powered Data Centre Unveiled in Kenya

Anchor Raises $2.4M Seed Round To Scale Banking-As-a-Service For African Businesses

Anchor Raises $2.4M Seed Round To Scale Banking-As-a-Service For African Businesses

Cameroonian Cashback App Koree Sets For Francophone Africa Expansion

Cameroonian Cashback App Koree Sets For Francophone Africa Expansion

Cameroonian cashback app Koree, founded in September 2022, is set to embark on an ambitious expansion journey across Francophone Africa. The expansion plans have been bolstered by a recent funding boost of $22,000 from the Cameroon Angels Network (CAN), further amplified by a 3X matching investment of $66,000

Ugandan Fintech Asaak Expands into Mexico By Acquiring FlexClub

Ugandan Fintech Asaak Expands into Mexico By Acquiring FlexClub

Asaak, a Ugandan fintech company, has expanded into Latin America by acquiring FlexClub, a Mexican startup. The acquisition, carried out for an undisclosed amount, will enable Asaak to expand its credit ecosystem and offer innovative financial solutions in the Latin American region. FlexClub provides car financing for Uber drivers and

Uber Launches Electric Bikes in Kenya, its first in Africa

Uber Launches Electric Bikes in Kenya, its first in Africa

Uber has announced the introduction of electric bikes also known as “boda bodas,” in Kenya’s capital, Nairobi. This marks a first for Uber in Africa and represents a significant milestone in sustainable mobility as part of the company's efforts to be a zero-emission company by 2040. The

Matta Raises $5M Seed Funding To Revolutionize The Nigerian Chemical Marketplace

Matta Raises $5M Seed Funding To Revolutionize The Nigerian Chemical Marketplace

Matta, a Nigerian-based ecommerce platform for chemicals and materials, has raised $5 million in a CRE Ventures-led seed round to fuel its mission of transforming Africa’s chemical supply chain. Other notable investors in the round include Ridgeline, Jangoo, FinTech Collective, and Tofino Capital, among others. The startup connects chemical

TCRA Partners with COSTECH To Boost Startups in Tanzania

TCRA Partners with COSTECH To Boost Startups in Tanzania

Drive Electric Expands LEAP Fund: Supports Seven New EV Startups In Africa and Latin America

Drive Electric Expands LEAP Fund: Supports Seven New EV Startups In Africa and Latin America

Black Ostrich Ventures Announces $20M Early-stage Fund For African Startups In Emerging Sectors

Black Ostrich Ventures Announces $20M Early-stage Fund For African Startups In Emerging Sectors

Sustainable Tech Innovation in Africa: Pioneering a Greener Future

Sustainable Tech Innovation in Africa: Pioneering a Greener Future

6 East African Startups Selected for TechCrunch's 2023 Startup Battlefield

6 East African Startups Selected for TechCrunch's 2023 Startup Battlefield

Kenya Tops Africa in Startup Funding in the First Half of 2023

Kenya Tops Africa in Startup Funding in the First Half of 2023

MEST Africa Opens Applications for its Startup Pitch Competition

MEST Africa Opens Applications for its Startup Pitch Competition

BNPL Firm Aspira Launches Solution to Finance Education

BNPL Firm Aspira Launches Solution to Finance Education

Kenya Selected As Launchpad for Regional Expansion by US Based Tech Firm

Kenya Selected As Launchpad for Regional Expansion by US Based Tech Firm

Hewlett Packard Announces New Partnership with Mitsumi

Hewlett Packard Announces New Partnership with Mitsumi

Bosun Tijani Hits The Ground Running, Secures $500M To Fund Digital Economy

Bosun Tijani Hits The Ground Running, Secures $500M To Fund Digital Economy

South African Ukheshe Partners Diamond Trust Bank To Roll Out BaaS In East Africa

South African Ukheshe Partners Diamond Trust Bank To Roll Out BaaS In East Africa