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

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

Sep 4, 2023 2 min read
​Cameroonian Cashback App Koree Sets For Francophone Africa Expansion
Daily

​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
Sep 1, 2023 2 min read
Ugandan Fintech Asaak Expands into Mexico By Acquiring FlexClub
Daily

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
Sep 1, 2023 1 min read
Uber Launches Electric Bikes in Kenya, its first in Africa
Press Release

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
Sep 1, 2023 2 min read
Matta Raises $5M Seed Funding To Revolutionize The Nigerian Chemical Marketplace
Daily

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
Aug 31, 2023 1 min read
TCRA Partners with COSTECH To Boost Startups in Tanzania
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Daily

TCRA Partners with COSTECH To Boost Startups in Tanzania

Aug 31, 2023 1 min read
Drive Electric Expands LEAP Fund: Supports Seven New EV Startups In Africa and Latin America
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News Analysis

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

Aug 31, 2023 2 min read
Black Ostrich Ventures Announces $20M Early-stage Fund For African Startups In Emerging Sectors
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Daily

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

Aug 31, 2023 2 min read
Sustainable Tech Innovation in Africa: Pioneering a Greener Future
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Features

Sustainable Tech Innovation in Africa: Pioneering a Greener Future

Aug 30, 2023 3 min read
6 East African Startups Selected for TechCrunch's 2023 Startup Battlefield
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Daily

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

Aug 30, 2023 2 min read
Kenya Tops Africa in Startup Funding in the First Half of 2023
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Daily

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

Aug 29, 2023 2 min read
MEST Africa Opens Applications for its Startup Pitch Competition
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MEST Africa

MEST Africa Opens Applications for its Startup Pitch Competition

Aug 29, 2023 1 min read
BNPL Firm Aspira Launches Solution to Finance Education
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Daily

BNPL Firm Aspira Launches Solution to Finance Education

Aug 29, 2023 1 min read
Kenya Selected As Launchpad for Regional Expansion by US Based Tech Firm
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Daily

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

Aug 28, 2023 1 min read
Hewlett Packard Announces New Partnership with Mitsumi
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Press Release

Hewlett Packard Announces New Partnership with Mitsumi

Aug 28, 2023 1 min read
​Bosun Tijani Hits The Ground Running, Secures $500M To Fund Digital Economy
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​Bosun Tijani Hits The Ground Running, Secures $500M To Fund Digital Economy

Aug 28, 2023 2 min read
South African Ukheshe Partners Diamond Trust Bank To Roll Out BaaS In East Africa
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Daily

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

Aug 25, 2023 2 min read
LemFi Raises $33M Series A Round To Revolutionize Financial Services For Immigrants
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LemFi Raises $33M Series A Round To Revolutionize Financial Services For Immigrants

Aug 25, 2023 2 min read
SA-Born VC Firm, HAVAÍC Makes A 2nd Investment In RapidDeploy In Less Than A Year
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Daily

SA-Born VC Firm, HAVAÍC Makes A 2nd Investment In RapidDeploy In Less Than A Year

Aug 24, 2023 2 min read
INGOT Brokers Partners with Hisa to Open up Global Markets to Kenyan Traders
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Daily

INGOT Brokers Partners with Hisa to Open up Global Markets to Kenyan Traders

Aug 24, 2023 1 min read
Kenyan Fintech Cellulant Lays off 20% of its workforce
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Kenya

Kenyan Fintech Cellulant Lays off 20% of its workforce

Aug 24, 2023 1 min read
Glovo Launches “Glovo Ads” In Kenya
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Daily

Glovo Launches “Glovo Ads” In Kenya

Aug 24, 2023 2 min read
TikTok to Set Up Continental Office in Nairobi
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Daily

TikTok to Set Up Continental Office in Nairobi

Aug 24, 2023 1 min read
Nigeria's HelpMum Selected for 'Chat for Impact' Health Accelerator
Daily

Nigeria's HelpMum Selected for 'Chat for Impact' Health Accelerator

Nigerian healthtech startup HelpMum has been selected as one of the ten startups to participate in the 2023 Chat for Impact Health Accelerator.
Aug 24, 2023 2 min read
Nala Launches Cross-Border Payments from Europe and the UK to Nigeria
Daily

Nala Launches Cross-Border Payments from Europe and the UK to Nigeria

Nala has set its sights on revolutionizing cross-border payments, as it recently announced the inclusion of Nigeria as a key remittance destination. This strategic expansion holds immense significance for Nala, a company that initially established its roots in East Africa and is now ambitiously reaching across the entire continent. Nigeria,
Aug 23, 2023 2 min read
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