The past two years have been an interesting one for the African messaging App, Ayoba as it has witnessed impressive growth in its user base, clocking 5.5 million users
Two months after passing out from the Y Combinator Winter Batch, Flextock, an Egyptian tech-enabled logistics startup has raised pre-seed funding of $3.25 million.
This marks the largest pre-seed
Africa’s first video commerce platform, Rabawa, has announced that it has raised $163,000 in a round led by Aptive Capital, a USA VC firm that is focused on
Carry1st, an African-focused mobile game publishing platform has raised $6M in Series A funding to tap into Africa’s billion-dollar gaming market.
The round, which has brought total funding raised
In October 2020 when Gozem despite the economic uncertainties caused by the COVID-19 pandemic acquired another Togolese startup called Delivroum which specializes in food deliveries, it was only the start
Kenya-based Insurtech startup Lami has announced it raised $1.8million in seed funding round led by Accion Venture Lab with participation from AAIC, Consonance, P1 Ventures, Acuity Ventures, The Continent
GIZ Egypt has launched a €100 million ($120 million) funding programme called “VC University”.
This programme which targets first-time venture capital (VC) funds is a partnership between GIZ and the
Uhuru Investment Partners, a leading middle-market private equity firm based out of Lagos and Abidjan, has announced the first close of Uhuru Growth Fund I (UGF) at US$113 million,
Ugandan Fintech startup Ensibuuko announced that it raised $1million fund in a funding round led by global impact investor FCA Investments to help accelerate its product service delivery across Africa.
SHAREit has been once ranked as the No.2 fastest-growing media publisher in Africa in AppsFlyer’s latest Performance Index, a tool that ranks the performance of mobile media sources.
Kaspersky has announced a partnership with DataGroupIT (DGIT) to grow its cyber-security business in Nigeria and Ghana.
“DataGroupIT is a value-add growth Distribution Company that is focused on African startups’
The Nigerian government through the Federal Ministry of Communications and Digital Economy has today announced a joint project between the Government and Microsoft to develop high-speed internet infrastructure across the