Startups
Spotlighting emerging tech startups, innovative solutions, and the entrepreneurs behind them. Learn about the next big thing in the tech industry here.
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America’s Everstrong Capital acquires majority stake in Kenya’s Cell Tower Company
SealTowers Limited, a licensed Kenyan Cell Tower Company, and Everstrong Capital announced on Thursday the signing of an agreement that…
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MyMovies.Africa launches seed round for $0.5 Million after Ninja Accelerator Program
MyMovies.Africa has over the last 12 weeks participated in the intensive NINJA Initiative Program to prepare it for investment.
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Kenya’s Health Data Platform Afya Rekod closes $2 Million Seed Round
Afya Rekod is a health data platform - under Adanian Labs - that allows both patients and health facilities to…
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Amitruck raises $4 Million Seed Funding to expand across East Africa
Amitruck was founded in 2019 to streamline the trucking business in Africa, which had, previously, been informal and fragmented.
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Zipline is expanding access to health care in Nigeria using drones
Zipline operates unmanned aircrafts that can fly 160 km round trips, in strong winds and rain, day or night, to…
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Moove receives $10 Million Financing from NBK Capital Partners
Moove provides vehicle financing for cars, bikes and lorries to entrepreneurs through its alternative credit scoring technology
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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…
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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…
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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
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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
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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.
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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…
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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…
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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…
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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.
