Startups & Ideas
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Copia Suspends African Expansion to Focus on Kenya Only
Copia has decided to halt its expansion efforts in Africa and shift its attention to its Kenyan operations
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Opportunik launching Africa Fund in May, Unlocking Global Investments
Opportunik Global Fund, launching May 2023, offers African investors access to diversified assets and global investment opportunities.
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Uasin Gichu Startups Awarded Funding Through Mozilla’s Mashinani Tech Innovation Challenge
Tech start-ups in Uasin Gichu awarded KES 1 million by Mozilla Mashinani initiative for further training and guidance on their tech ideas
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Fonbnk and Tanda’s airtime trading platform to benefit East African agents
Fonbnk partners with Tanda to launch airtime trading marketplace and drive adoption of DeFi solutions in East Africa.
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Oxfam Novib, Goodwell Investments Launch Pepea Fund to Address SME Financing Gap in East Africa
Pepea aims to assist early-stage growth companies in East Africa by filling the gap between available finance and high-impact potential SMEs
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Payday receives $3M seed funding to empower Africa’s future workforce.
Payday raised $3m seed funding to expand operations in the UK and Canada, improve product development, and grow talent.
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Standard Chartered launches 6th Cohort for Women in Tech program
The 6th cohort of the Women in Tech program will see 15 applicants participate in a 12-week incubation program
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Factor[e] Ventures Launches Delta40 to Increase Incomes and Boost African Startups Innovation
Delta40 benefits from the support of Factor[e] Ventures and leverages the momentum of a record year for African tech startups.
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Applications now open for 2023 Dream VC Fellowship Program
Applications for the 2023 Dream VC Fellowship program are now open. This year, Dream VC will run two programs:
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11 Startups shortlisted for MultiChoice Accelerator Programme
The 11 start-ups shortlisted to present their business plans to a panel of investors for this year’s MultiChoice Accelerator Programme are:
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Norfund invests $14 Million in Hela Apparel’s East Africa Unit
The proceeds from Norfund investment will also be utilized to strengthen Hela's strategic supply chain partnerships in East Africa
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Kenyan Startup among 11 selected for $750,000 Africa Startup Initiative Program
The Africa Startup Initiative Program (ASIP) has selected participants for its 3rd cohort. The program is powered by Startupbootcamp AfriTech
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Kwara acquires KUSCCO’s IRNET Software Company
Kwara has announced it is fully acquiring IRNET Coop Kenya Ltd, which is a software company that's a subsidiary of KUSCCO LTD
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Norsad Capital, TLG Capital launch $400 Million African Credit Platform
Norsad Capital and TLG Capital announced the beginning of a partnership to cement the market leading private credit platform
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Pan-African VC firm Ventures Platform closes fund at oversubscribed $46M
Ventures Platform has announced the final close of its early-stage and intercontinental fund, at $46M which Is above its targeted 40M