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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
Members only
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
What You Should Know As Kuda Amasses Six Million Customers In Nigeria
Members only
News Analysis

What You Should Know As Kuda Amasses Six Million Customers In Nigeria

Kuda amasses over six million users in Nigeria since its launch barely four years ago.
Jul 21, 2023 4 min read
RightCard Receives CBN’s IMTO License For Seamless Operation In Nigeria
Members only
Press Release

RightCard Receives CBN’s IMTO License For Seamless Operation In Nigeria

RightCard Payment Services Limited, a subsidiary of Lemonade Technology Inc., is thrilled to announce the acquisition of its International Money Transfer Operator (IMTO) license from the Central Bank of Nigeria (CBN).
Jul 21, 2023 1 min read
Women Who Build Africa announces call for founders, partners to join the first annual WWBA Assembly
Press Release

Women Who Build Africa announces call for founders, partners to join the first annual WWBA Assembly

Women Who Build Africa (WWBA), a community created to convene and support women working in tech across Africa, today announced an open call for women founders, as well as investors and ecosystem partners, to express interest in joining the first annual WWBA Assembly, taking place in Nairobi, September 13th-14th. A
Jul 21, 2023 3 min read
Scalo Technologies Leads $3.5 million Investment For Polish Gaming Startup Hexacore
Funding

Scalo Technologies Leads $3.5 million Investment For Polish Gaming Startup Hexacore

Scalo Technologies has led a $3.5 million investment round for Hexacore, a Polish web3 mobile game publisher. Other investors that participated are Xsolla, Estoty and some angel investors. The funds will be used to grow the team, scale Hexacore's mobile games, and add new features including in-app
Jul 20, 2023 1 min read
Revisiting The Cost Of Internet Blackout As Ethiopia Lift 5 Months Social Media Ban
Members only
Features Featured

Revisiting The Cost Of Internet Blackout As Ethiopia Lift 5 Months Social Media Ban

The Ethiopian government finally bows to pressure and lifts its five-month social media ban, said to have cost the country over $140 million.
Jul 20, 2023 4 min read
The Rise of Techstars: Igniting the Global Startup Ecosystem
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Techstars Featured

The Rise of Techstars: Igniting the Global Startup Ecosystem

The impact of startups on economic growth and societal progress is undeniable in the constantly evolving landscape of technology and innovation. The impact of Techstars on the growth and development of startups, as well as its influence on the global entrepreneurial landscape,
Jul 19, 2023 4 min read
Nigeria Dominates Crypto Interest In Africa In H1 2023
Members only
News Analysis

Nigeria Dominates Crypto Interest In Africa In H1 2023

The African continent has seen remarkable growth in cryptocurrency adoption and usage in recent years, with Nigeria emerging as the undisputed leader
Jul 19, 2023 3 min read
UAE's Tenderd Receives Undisclosed Investment From Aramco's Wa'ed
Funding

UAE's Tenderd Receives Undisclosed Investment From Aramco's Wa'ed

UAE-based construction startup Tenderd has received an undisclosed funding round from Aramco's Wa’ed Ventures. The investment will help Tenderd to scale its operations and develop more sustainable technologies for manufacturers. Chief Executive of Tenderd, Arjun Mohan said, "With Wa’ed Ventures' investment, we will be
Jul 19, 2023 1 min read
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