DECEMBER 9, 2022
Funding & AcquisitionsNewsStartups

Orcas Online Tutoring Startup Acquired by Baims: Strategic Move for MENA Ed-Tech Market

Explore the strategic acquisition of Orcas, an Egyptian online tutoring startup, by Baims, a Kuwaiti ed-tech company, aiming to revolutionize the MENA education market. Learn about their plans to offer personalized learning soluti...

Koree-Logo-Black
Funding & AcquisitionsStartups

Koree: Cameroonian Fintech Raising $200,000 Pre-Seed Round for Cash-Based Economy Solutions

Koree, a Cameroonian fintech, secures $200,000 in pre-seed funding to expand its digital wallet and cashback rewards platform, addressing challenges in cash-based economies. Discover how Koree aims to grow its merchant network, us...

iSchool
Funding & AcquisitionsStartups

iSchool Raises $4.5M Funding for MENA Expansion & Global Growth in Ed-Tech

Discover how Egyptian ed-tech startup iSchool secured $4.5 million in funding to expand across MENA, establish a global presence, and enhance its online coding platform.

ampersand
Funding & AcquisitionsStartups

Ampersand Secures $19.5 Million Funding for Electric Motorcycle Expansion in East Africa

Ampersand, a Kigali-based electric transport energy company, raises $19.5 million in funding to expand its fleet of cost-effective electric motorcycles across East Africa. The funding, led by Ecosystem Integrity Fund (EIF), suppor...

BlackRhinovr
InsightsStartups

BlackRhino VR Unveils MediAR: Empowering African Creators with AR Technology

Discover how BlackRhino VR's MediAR platform revolutionizes AR content creation, empowering African creators while tackling socio-economic challenges. Explore the user-friendly AR cloud editor, revenue-sharing model, and the drive...

ARM labs
NewsStartups

ARM Labs Lagos Techstars Accelerator Unveils 12 Innovative Startups for Second Edition

Discover the twelve diverse startups chosen for the ARM Labs Lagos Techstars Accelerator's second edition, leveraging technology and innovation to serve Africa's growing population. Gain insights into the funding, mentorship, and ...

GSMA launches
InsightsNewsStartups

GSMA Launches Humanitarian Innovation Fund in Partnership with FCDO to Address Global Challenges

Discover how the GSMA's Humanitarian Innovation Fund, in collaboration with FCDO, supports digital solutions for global humanitarian challenges. Grants up to GBP250,000 available. Apply by February 12, 2024.

maka
Funding & AcquisitionsStartups

Maka: Nigerian Fashion E-commerce Platform Secures $2.65M Funding for Enhanced Shopping Experience

Discover how Maka, a Nigerian fashion and beauty e-commerce platform, raised $2.65 million in pre-seed funding to revolutionize shopping experiences in Africa. Explore its user-generated content model and plans for growth.

amini
Funding & AcquisitionsStartups

Amini: Nairobi-Based Climate Tech Startup Secures $4 Million Funding for Environmental Data Solutions

Discover how Amini, a climate tech startup in Nairobi, raised $4 million led by Salesforce Ventures and Female Founders Fund. Learn about Amini's innovative approach to addressing Africa's environmental data gap and transforming g...

Sky.Garden
Startups

Sky.Garden To Survive If It Gets an Investor This Month

Startup and eCommerce site Sky.Garden is closing shop following a detailed story first published by TechCrunch.

Genomics
NewsStartups

Genomics Startup 54Gene Begins Shutdown After Securing $45 Million in Funding

Read about the closure of genomics startup 54Gene after securing $45 million in funding, its mission to bridge genomic gaps in Africa, CEO changes, legal challenges, and the potential impact on the health tech sector. Former CEO A...

Sendy
NewsStartups

Struggling Logistics Startup Sendy Enters Administration

Reports had circulated regarding the struggling logistics startup Sendy actively seeking a buyer, and now, it has been officially confirmed that the Kenyan-based startup has entered into administration.

Twiga Foods
NewsStartups

Twiga Foods Faces Liquidation Amidst Debt Dispute

Twiga Foods, a prominent player in the Kenyan agri-tech sector, finds itself on the brink of liquidation as Incentro Africa Limited pursues the recovery of a disputed debt totaling KES 39 million. The debt comprises charges for Go...

Haul247
Funding & AcquisitionsStartups

Nigeria’s Haul247 secures $3m seed funding to grow market share, expand across Africa

Haul247, a comprehensive logistics tech platform connecting businesses to haulage and warehousing services, has successfully raised $3 million in seed funding. The funding will be utilized to strengthen its market presence in Nige...

Venture for Africa
NewsStartups

Applications open for latest Venture for Africa bootcamp offering

Venture for Africa, a talent community and leading source for top tech startup hires on the continent, has opened applications for its second bootcamp offering.

Termii
Funding & AcquisitionsStartups

Termii Secures $3.65 Million Funding to Accelerate Francophone Africa Expansion

Termii, a Nigerian customer platform-as-a-service (CPaaS) startup, has successfully closed a funding round of $3.65 million to further enhance its expansion in Francophone Africa. The startup specializes in empowering African tech...

Mastercard
Startups

iHub Announces First Cohort of Mastercard Foundation EdTech Fellowship in Kenya

Nairobi-based incubator iHub has announced the 12 startups selected for the Kenyan leg of the first Mastercard Foundation EdTech Fellowship Programme, which offers selected companies access to funding and other types of support.

LemFi
NewsStartups

LemFi launches its diaspora remittance services in Kenya

LemFi, the cross-border payment solution that enables the diaspora community to send and receive money back home has formally launched its services in Kenya.

Proptech
NewsStartups

Apply for Proptech Accelerator Program ($300k)

Applications are now open for the Proptech Accelerator Program to transform and elevate your Proptech startup and discover its true potential.

iprocure
Startups

Kenyan agri-tech startup iProcure expands to Tanzania

Kenya’s iProcure, a leading data-driven agricultural input supply company, has announced its expansion into Tanzania through its partnership with the Farm to Market Alliance (FtMA).





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