DECEMBER 9, 2022
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).

grey
Startups

Nigerian fintech startup Grey picks Kenya as its East African hub

Launched in 2021 by Idorenyin Obong and Femi Aghedo, who wanted to help Nigerians easily exchange to local currency and access the foreign currencies in their accounts, Grey offers an international money transfer service that enab...

lipa later
NewsStartups

Lipa Later Named Fastest Growing Fintech In Africa

Buy now, pay later (BNPL) company Lipa Later Group is one of the fastest-growing financial technology (fintech) companies on the African continent, according to the Financial Times, a British business daily newspaper.

Techstars
InsightsStartups

9 African startups selected for latest edition of Techstars Toronto accelerator

Nine African startups have been selected to take part in the latest edition of the Techstars Toronto accelerator, securing access to mentorship, US$120,000 in funding and the opportunity to secure further investment at demo day.

Jobtech Alliance
Startups

Jobtech Alliance launches startup accelerator programmes to improve livelihoods in Africa

The Jobtech Alliance, an ecosystem-building initiative around inclusive jobtech in Africa steered by Mercy Corps and BFA Global, has launched two programmes – the Catalyst Jobtech Accelerator and the Jobtech Innovation Lab – d...

Kloud Commerce
NewsStartups

Kloud Commerce shuts down allegedly due to the founder’s mismanagement

Kloud commerce, a Nigerian startup, has shut down its operation after it was reported that the founder Olumide Olusanya had mismanaged and misused the company’s funds. Key

Zanifu
Funding & AcquisitionsStartups

Kenyan fintech startup Zanifu raises $1m seed round to help it scale

“We serve FMCG retailers, especially the ones that are too small to access traditional bank finance for their businesses. The only option to these MSMEs have been digital consumer loans, which are not always suitable for them. W...

Copia
Funding & AcquisitionsStartups

Kenyan e-commerce company Copia Global raises $50M to expand in Africa.

Copia focuses on customers in rural areas that struggle to access the same goods and services in terms of choice, price value and reliability that similar consumers in urban areas or of higher income levels can access.

Yournotify
Startups

Yournotify – Building Mailchimp for Africa

As digital transformation continues to grow across Africa, businesses need to be positioned for this growth and start building integrated marketing solutions that allows them to effectively manage their customer data, save time an...





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