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KCB Foundation Partners with Adanian Labs to Train on Technology and Artificial Intelligence
Daily

KCB Foundation Partners with Adanian Labs to Train on Technology and Artificial Intelligence

KCB Foundation and the National Bank of Kenya (NBK) have partnered with Adanian Labs Limited to train its beneficiaries on technology and Artificial intelligence including cyber security. The beneficiaries will be selected from the foundation’s flagship 2Jiajiri program, as well as those who have cleared high school within its
Aug 3, 2023 2 min read
MTN – UGANDA UNVEILS 5G NETWORK: FIRST IN THE REGION
Daily

MTN – UGANDA UNVEILS 5G NETWORK: FIRST IN THE REGION

MTN-Uganda a subsidiary of MTN group unveiled the first 5G network in the East African region.  The Telecom giant which currently dominates the market with 17 million subscribers hopes the service will propel the country’s digital and financial inclusivity to greater heights. 5G also known as the 5th generation
Aug 3, 2023 2 min read
Goodwell Makes Undisclosed Investment In SOUK Farms To Revolutionize Agriculture In Rwanda
Daily

Goodwell Makes Undisclosed Investment In SOUK Farms To Revolutionize Agriculture In Rwanda

Goodwell Investments, an impact investing firm, has announced making an undisclosed investment in SOUK Farms, a prominent grower and exporter of fresh horticultural produce from Rwanda. This investment will help SOUK Farms expand its operations, establish resilient systems, and strengthen value chains that benefit local farmers and the surrounding community.
Aug 3, 2023 2 min read
Eversend Surpasses 500K Users Globally
Daily

Eversend Surpasses 500K Users Globally

Eversend, a Ugandan Fintech startup announced that as of July 26th, they had amassed 500,000 customers using their app. Through his Twitter account, co-founder Stone Atwine also added that they had raised $1.2M and had 1.5 million downloads so far.  The company founded by Atwine and co-founder
Aug 3, 2023 2 min read
Uber Partners Safaricom To Enable M-Pesa Payments For Riders In Kenya
Daily

Uber Partners Safaricom To Enable M-Pesa Payments For Riders In Kenya

Uber and Safaricom partnered to enable riders in Kenya to make payments through Safaricom's M-Pesa.
Aug 3, 2023 2 min read
African Tech Startups On A Slow Start In H2 2023: July Funding Dipped 44%
Members only
Features

African Tech Startups On A Slow Start In H2 2023: July Funding Dipped 44%

African VC funding dipped in July 2023 as 23 startups raised $132.2 million in 25 reported rounds, representing a 44% decline from July 2022, when startups secured $239.7 million.
Aug 2, 2023 3 min read
SolarAfrica And Starsight Energy Complete Historic Merger
Daily

SolarAfrica And Starsight Energy Complete Historic Merger

SolarAfrica Energy and Starsight Energy, two of Africa's leading renewable energy startups, have announced the completion of their historic business merger. This significant merger ushers in a new era, establishing the merged startups as the definitive pan-African clean energy platform. The merged group is poised to reshape the
Aug 2, 2023 3 min read
Nigerian Traction Raises $6M Seed Funding To Expand And Scale Its Merchant Solution Platform
Daily

Nigerian Traction Raises $6M Seed Funding To Expand And Scale Its Merchant Solution Platform

Traction, a Nigerian merchant solution platform, has reached an important step in its path to address the financial services difficulties faced by the country's micro, small, and medium-sized enterprises (MSMEs). The fintech startup is now better equipped to empower SMEs by providing them with access to a comprehensive
Aug 1, 2023 3 min read
Nigeria’s Remedial Health Raises $12M In A Series A Round To Revolutionize Pharmaceuticals
News Analysis

Nigeria’s Remedial Health Raises $12M In A Series A Round To Revolutionize Pharmaceuticals

Nigerian Remedial Health has raised $12 million in Series A equity and debt funding led by Fintech VC firm QED Investors to digitize pharmacies and revolutionize the pharmaceutical supply chain in Nigeria and beyond.
Aug 1, 2023 2 min read
Olu Akanmu Bows Out As OPay Nigeria's President and Co-CEO
Daily

Olu Akanmu Bows Out As OPay Nigeria's President and Co-CEO

Olu Akanmu has today stepped down as President and co-CEO of OPay Nigeria.
Jul 31, 2023 2 min read
Embattled Startup, Patricia Gets A Lifeline As Tradefada's CEO Makes Undisclosed Investment

Embattled Startup, Patricia Gets A Lifeline As Tradefada's CEO Makes Undisclosed Investment

Patricia has received an undisclosed investment from Oluwaseun Dania, the founder and CEO of Tradefada, one of Nigeria's prominent crypto exchanges.
Jul 31, 2023 2 min read
Electrifying Africa's Future: BasiGo Partner With AC Mobility In Rwanda's Green Revolution
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Features

Electrifying Africa's Future: BasiGo Partner With AC Mobility In Rwanda's Green Revolution

BasiGo, the Kenyan electric vehicle (EV) startup, has partnered with AC Mobility (Tap&Go) to introduce Electric Buses in Rwanda.
Jul 28, 2023 4 min read
Nigeria’s Terragon Raises $9M To Scale And Expand To Other African Markets
Daily

Nigeria’s Terragon Raises $9M To Scale And Expand To Other African Markets

Terragon, the innovative Nigerian cloud analytics and marketing platform, has raised $9 million in Orange Ventures-led Series B round to expand into other African markets and enhance its cloud-native capabilities. Other investors in the round include TLcom Capital which led its $5million investment round in 2018. LoftyInc, Sango Capital, VestedWorld,
Jul 28, 2023 2 min read
FarmWorks Receives $4.1M In Pre-Series A Round To Bolster Food Security In Kenya
Members only
Daily

FarmWorks Receives $4.1M In Pre-Series A Round To Bolster Food Security In Kenya

Jul 28, 2023 2 min read
​Google Partners with Verve to Offer Naira Payments on Play Store
Press Release

​Google Partners with Verve to Offer Naira Payments on Play Store

Google has announced partnering with Verve, Nigeria's largest domestic card scheme, to enable Naira payments on the Google Play Store. This strategic partnership aims to bolster the digital ecosystem in Nigeria and promote financial inclusion for millions of Nigerians. Through this collaboration, Nigerians can now use their Verve
Jul 27, 2023 2 min read
Materials Nexus raises £2m to accelerate the world’s change to net-zero materials
Press Release

Materials Nexus raises £2m to accelerate the world’s change to net-zero materials

Deep tech company Materials Nexus has raised £2 million to roll out its ground-breaking AI and quantum mechanics technology which fast-tracks the discovery and development of sustainable, cheaper, higher performing materials. The round was led by Ada Ventures, with further investment from High-Tech Gründerfonds, The University of Cambridge, National Security
Jul 27, 2023 3 min read
Changera Partners MoneyGram, Stellar to Revolutionize Cross-Border Payments
Daily

Changera Partners MoneyGram, Stellar to Revolutionize Cross-Border Payments

Changera, one of the fastest-growing cross-border payments startups, has partnered with global leader, MoneyGram and the open-source, Stellar network to enable cash-to-crypto deposits and withdrawals for customers worldwide. This strategic integration aims to democratize cross-border payment access for people and businesses across the continent, and the world at large, signaling
Jul 26, 2023 3 min read
Mastercard Partner With Alerzo To Transform Nigeria's SMEs With Digital Solutions
Daily

Mastercard Partner With Alerzo To Transform Nigeria's SMEs With Digital Solutions

Mastercard has partnered with Alerzo, Nigeria's leading B2B e-commerce startup, to address the challenges faced by SMEs in the Fast-Moving Consumer Goods (FMCG) sector.
Jul 26, 2023 2 min read
Nigeria’s Healthtech Startup, Clafiya Receives $610K Pre-Seed Funding For Expansion
Daily

Nigeria’s Healthtech Startup, Clafiya Receives $610K Pre-Seed Funding For Expansion

Nigerian healthtech startup, Clafiya has raised $610,000 in a pre-seed funding round for product development and team expansion.
Jul 25, 2023 2 min read
Rwanda's Kasha, Raises $21M Series B to Revolutionize Women's Health Access Across Africa

Rwanda's Kasha, Raises $21M Series B to Revolutionize Women's Health Access Across Africa

Rwandan e-commerce startup, Kasha has raised $21 million in a Knife Capital-led Series B funding round to revolutionize access to health products for women across Africa.
Jul 25, 2023 3 min read
Dear Founders, Mental Health Care is Important.
Members only
Mental Health

Dear Founders, Mental Health Care is Important.

As a startup founder, your mental health is of utmost importance. Starting and running a new business can be an incredibly challenging and demanding endeavor, both emotionally and psychologically. Here are some key points to consider
Jul 25, 2023 3 min read
SquadTrip Raises $1.3M in Funding, Led by Atento Capital, to Expand Services to 50,000 Travel Professionals
Press Release

SquadTrip Raises $1.3M in Funding, Led by Atento Capital, to Expand Services to 50,000 Travel Professionals

Tech startup achieves milestone as one of the few, Black-led travel brands to secure $1 million-plus investment deal Tulsa, Okla. – July 12, 2023 – SquadTrip, an automated payment solution for large and small group trips, announced today a $1.3M funding round led by Atento Capital. The investment will support the
Jul 22, 2023 2 min read
City of Cape Town Launches All-Inclusive Municipal App
Daily

City of Cape Town Launches All-Inclusive Municipal App

In response to the growing demand for its load-shedding app, the City of Cape Town has introduced an all-inclusive service-related municipal app. The new app, launched under the City of Cape Town banner, offers various features to residents, including access to the latest load-shedding schedule for their area, fault reporting,
Jul 21, 2023 2 min read
InDrive Implements Safety Pact and Empowers Power of Choice For Users
Daily

InDrive Implements Safety Pact and Empowers Power of Choice For Users

InDrive, an e-hailing service in Southern Africa, has introduced a Safety Pact on its web and mobile applications. The agreement involves three parties: passengers, drivers, and InDrive itself, and it aims to promote mutual respect and secure practices for all users on the platform. The company encourages passengers and drivers
Jul 21, 2023 1 min read
Patrice Motsepe's ARC Acquires Stake In GoSolr
Daily

Patrice Motsepe's ARC Acquires Stake In GoSolr

African Rainbow Capital (ARC), a Patrice Motsepe-controlled investment holding company, has acquired a minority shareholding in GoSolr, a residential solar energy company in South Africa.
Jul 21, 2023 2 min read
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