Egypt's leading fashion e-commerce, The Fashion Kingdom (TFK) has acquired OPIO, a direct-to-consumer (D2C) fashion brand. This deal will see both TFK and OPIO bring on board their
MENA's leading online marketplace, InstaShop has bought UAE-based B2B wholesale marketplace service, GroCart. However, the value of the acquisition was not disclosed.
The deal affirms Instashop's
Ethiopia’s tech startup ecosystem is growing rapidly and showing promise, making it an attractive destination for tech startups. The country has seen a significant increase in the number of
2022 has been a very good year for the African tech startups ecosystem, per data from Africa: The Big Deal shows that startups on the continent have set new funding
Nigeria’s eco-friendly delivery hub, Errand360, has partnered with Nigeria’s leading online mall, Jumia, to go an extra length to make swift delivery a reality.
Built to run short
Egyptian logistics startup Naqla has raised $10.5 million in a pre-series A funding round to expand into other sectors. The round was led by prime investors El Sewedy Capital
Four African startups have been selected to participate in the 10th fintech cohort of the Catalyst Fund, a global inclusive tech accelerator managed by BFA Capital.
The African startups in
Kenyan financial infrastructure startup Credrails will close a deal worth $2.5 million in a seed funding round to connect Africa to its API.
The seed funding round was led
The Nigerian-owned housing startup Whose Your Landlord (WYL) has raised $2.1 million in pre-seed funding, led by Black Operator Ventures (Black Ops Ventures).
WYL is a US-based multipurpose platform
Two Nigerian startups Moni and Topship, have now been confirmed as participants of the YCombinator Accelerator Program, Winter 2022 Batch. The program would run from January through March.
Participants receive
