Startups & Ideas
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Kenya’s Innovation Agency partners with Association of Startups to develop a National Innovation System
KeNIA and ASSEK have entered into an agreement to develop and streamline a dynamic national innovation system
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BluePeak Private Capital invests in ieng
BluePeak is pumping money into ieng, a pan-African provider of engineering, construction, maintenance solutions to the African telecom sector.
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Kenyan Fintech Credrails partners with Access Bank to foster finance in Africa
Credrails infrastructure connects banks, mobile money, and offline data into a single API to power the next generation of fintech solutions.
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Tushop, a Kenyan community-commerce platform, has raised $3 million Pre-seed funding
Tushop approaches commerce differently by working with community leaders to know what different households need and then buying in groups.
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Kenya’s Twiga Foods part of TIME’s 100 Most Influential Companies in 2022
Twiga Foods listed alongside Shein, TikTok and Opibus as the Top 100 Most Influential Companies worldwide on TIME's 2022 List.
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An Egyptian Fantasy Football platform just raised $3 Million in Seed Funding
Eksab, a Cairo-headquartered daily fantasy football platform, has secured $3 million seed funding. The round was led by 4DX Ventures
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SWVL is partnering with Moove to introduce Electric Buses
SWVL and Moove have entered a partnership that will see the introduction of electric buses across the North African, Pakistani and Middle East Regions
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Konza working with Association of Startups to Enhance Innovation
Konza together with ASSEK have signed a Memorandum of Understanding (MoU) to enhance innovation and support startups in Kenya.
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Nigeria’s ThriveAgric raises $56.4 Million Debt Funding to expand to new markets
ThriveAgric has announced it has raised $56.4 Million in debt funding from local commercial banks and institutional investors.
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TechCabal and Zikoko Parent Company raises $2.3 Million Seed to expand reach
The parent company behind TechCabal and Zikoko has raised $2.3 million Seed Series led by MaC venture capital
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Sokowatch closes $125 Million Series B, Rebrands to “Wasoko”
The company says with its rapidly growing pan-African operations, it is rebranding to "WASOKO" a Swahili word for "People of the Market"
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Moove raises $105 Million in Oversubscibed Series A2, to scale globally
A few weeks after announcing $10 Million from NBK Capital, Moove has announced it has raised $105 Million in an oversubscribed Series A2
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4 Kenyan Startups selected for FAST Accelerator Program by Microsoft and Flapmax
Twelve companies have been selected for the FAST Accelerator Microsoft program with 4 of them being Kenyan Startups
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BasiGo launches Electric Buses in Nairobi promising 250km range
BasiGo has launched electric buses for public use in Nairobi partnering with Citi Hoppa and East Shuttle for the pilot phase.
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Fonbnk raises $3.5 million Seed to serve the underbanked across Africa, Latin America & Asia
Fonbnk allows anyone that uses prepaid mobile SIM cards can easily obtain cryptocurrency assets by exchanging their airtime credits.