Startups

Spotlighting emerging tech startups, innovative solutions, and the entrepreneurs behind them. Learn about the next big thing in the tech industry here.

TLcom secures $70M for its $150M Africa Tech Fund

TLcom has announced the first close worth $70 Million for its $150 million Africa-focused tech fund with second close expected…

Bolt now valued at €7.4 billion after €628 million investment round

Bolt says % it will use the funds to accelerate the expansion of their mobility and delivery products across Eastern…

MARAMOJA opens up API to Fintechs and Insurtechs in Kenya

The company says that Fintechs and Insurtechs now have an opportunity to connect to MARAMOJA's ecosystem via a single API

Afrikrea rebrands to ANKA after successful $6.2 million Pre-Series A Round

The e-commerce platform Afrikrea is now rebranding to “ANKA”, its all-in-one solution for selling anywhere and hipping globally

FSD Africa invests £3 Million in Kenya’s IMFact Quick Finance Company

FSD Africa Investments (FSDAi), the investing arm of FSD Africa, has announced a £3m investment into IMFact.

SweepSouth, home services startup, announces acquisition of Egyptian start-up, Filkhedma

The acquisition means that SweepSouth will be one of a few African start-ups operating in the continent’s four key tech…

Trove Finance Share Dealing App wins 2021 Ecobank Fintech Challenge

Trove Finance’s app enables African-based financial institutions and individuals to buy, sell and trade any publicly traded equity, bond or…

Wowzi, Kenya’s Influencer Marketing Startup, closes $2 Million Seed

Wowzi, an influencer marketing platform, has announced it has successfully closed a $2 million seed round that will see it…

Nigeria’s Startup Bill is set to Unlock Huge Digital Potential

The Bill will ensure regulatory support as Nigeria continues to attract hundreds of millions of dollars of international investment.

AfDB to invest $170 million in Nigerian Startups

The Board of Directors of the African Development Bank (AfDB) has approved a loan of $170 million to finance a…

Moove Mobility Fintech Expands to Kenya; Partners with Uber, Lori & Sendy

Moove provides asset-backed vehicle financing by embedding its alternative credit-scoring technology onto ride-hailing and e-logistics platforms.

CinetPay inks $2.4 million Seed from Flutterwave

CinetPay has announced a $2.4 million seed funding raised from 4DX Ventures and Flutterwave.

Nigeria’s Payroll and HR Company, Bento, is expanding to Ghana, Kenya & Rwanda

Bento, a Nigerian tech platform redefining payroll, human resource management, and employee benefits has announced its launch into three new…

Kwara & Workpay to offer HR & Payroll services to SACCOs

The companies say the partnership is a strategic initiative to drive digitisation of SACCOs by leveraging both Kwara’s and Workpay’s…

Gozem Super App closes $5 Million Series A

Launched in 2018, Gozem began as a single motorcycle-taxi ride-hailing service. It has since expanded to be a Super App…

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