Africa tech summit STARTUPS

14 start-ups announced to Pitch Live at Africa Tech Summit 

Africa Tech Summit has announced the final shortlist of ventures who will Pitch Live on stage to investors, corporate and media at the Africa Tech Summit in Nairobi from 15th…


Digital Insurance Platform mTek Partners with and Fin to Provide Coverage to Kenyan Informal Retailers

 Digital insurance platform mTek has partnered with digital informal retail aggregator and Fin, a focused fintech platform to provide insurance covers to over 100,000 Kenyan dukas. Despite employing over 80…

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Telecel Group and Startupbootcamp AfriTech Select Participants for Africa Startup Initiative Program Accelerator – ASIP

Startupbootcamp AfriTech, a leading tech accelerator in Africa, has joined forces with telecommunications giant Telecel Group to select the participants of the highly coveted Africa Startup Initiative Program (ASIP) Accelerator….

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pitch live STARTUPS

Final Call for Startups to Apply to Pitch Live at Africa Tech Summit Nairobi 2023

The final deadline for tech startups across Africa to apply for the fifth edition of Pitch Live at Africa Tech Summit Nairobi  is coming quickly with applications closing, Friday 20th of January. Ten…

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Kenya Fintech startup Kwara Raises $3M Seed Extension

Kwara raises $3 million seed extension and signs an agreement to acquire a subsidiary of the Kenyan Union Of Savings and Credit Cooperatives (Kuscco). Thirteen months ago, Kwara raised $4…

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Climate Action Hackathon encourages Youth in Kenya to innovate

Jacob’s Ladder Africa and Moringa School recently held a Technology for Climate Hackathon, challenging young people to come up with innovative tech-based solutions to address the impact of climate change…

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disrupt africa STARTUPS

Disrupt Africa to launch deep-dive research publication on the Kenyan startup ecosystem

Startup-focused news and research company Disrupt Africa will next month release its Kenyan Startup Ecosystem Report 2022, providing readers with a deep dive into the country’s tech startup landscape. Since…

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idea hive STARTUPS

Idea Hive makes its inaugural launch into the East African market

Idea Hive an innovative performance marketing agency has made its inaugural launch into the East African market in a bid to provide data-driven technology to create unique, insightful brand strategies…

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Sendy receives investment from MOL PLUS to scale up Fulfillment services across Africa

Africa’s Fulfillment and Logistics enabler Sendy has today announced funding from MOL PLUS Co., Ltd. which is the Corporate Venture Capital of Mitsui O.S.K. Lines, Ltd. (MOL). MOL PLUS has…

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mest africa STARTUPS

MEST Africa Challenge announces the top 5 finalists going into the final stage of the competition

MEST Africa has announced Sproutly (Nigeria), Kweli (Senegal), Swoove (Ghana), Hisa (Kenya) and Desert Green Africa (South Africa) as the start-ups who have made it into the grand finale of…

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mest africa STARTUPS

MEST Africa Challenge 2022 Shortlists 36 technology start-ups from 5 African Countries

MEST Africa has announced a shortlist of 36 qualified technology start-ups from 5 African countries who will be going into the regional pitch competition stage of the 2022 MEST Africa…

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Multi-award-winning biometrics player iiDENTIFii raises record USD 15m 

iiDENTIFii, the innovative biometrics tech firm, has raised US$15 million growth capital. The round was led by African investment company Arise whose cornerstone investors include Rabobank Partnerships, Norfund, NorFinance and…

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Investing in Innovation STARTUPS

Investing in Innovation (i3) announces its first cohort of 30 African startups

Investing in Innovation (i3), a pan-African support initiative for African health supply chain start-ups, has announced its first cohort of 30 companies. Funded by the Bill & Melinda Gates Foundation…

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AfricInvest STARTUPS

AfricInvest and Cathay Innovation Complete Final Close of €110M Pan-African Venture Fund

AfricInvest, a leading multi-asset investment platform in Africa and global venture capital firm Cathay Innovation, have completed the final close of their joint Pan-African Venture fund, Cathay AfricInvest Innovation Fund…

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A Look At The Top 10 Women-Led Startups 2022

This year’s top 10 teams were selected from a pool of over 350 start-ups that had applied for the program. This program, which is in its 5th cohort has attracted…

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mTek secures $3 million investment for digital insurance penetration

On the heels of a recent $1.50 million (KSh 170 million) investment which helped to unlock for Kenyan citizens greater, real-time access to health insurance, plus other general insurance products,…

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Bamba Raises $3.2M Seed Round 

Bamba, mobile-first enterprise software for micro-merchants in Africa, has secured $3.2m in seed funding to scale its app and build out its team. Venture capital firm 468 Capital led the…

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african startup STARTUPS

Why African startup founders becoming investors is “fantastic” for the ecosystem

African startup founders becoming investors in their counterparts even while they are still building their own businesses is “fantastic” for the continent’s startup ecosystem, and demonstrates the growing maturity of…

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Andela Launches New Platform to Power the Future of Customized Work

Andela, the global marketplace for remote technical talent, has announced the launch of its new platform designed to create a more direct, personalized, and successful hiring experience for both talent…

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zalego academy STARTUPS

Zalego Academy Joins the Amazon Web Services (AWS) Training Partner Program

Zalego Academy, a subsidiary of StepWise Inc. that focuses on ICT training and enhancing the employability of youth and people from underserved communities, announced today that it is working with Amazon…

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Nigeria’s ThriveAgric raises $56.4m debt funding to accelerate African expansion plans

Nigerian startup that leverages technology to empower smallholder farmers across Africa by linking them to finance, data-driven best practices, and access to local & global markets for their commodities has…

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M-KOPA Customer and Agent STARTUPS

M-KOPA Secures $75M Growth Equity Round

M-KOPA, the fintech platform that provides connected financing and digital financial services to underbanked consumers across four markets in Africa, announced its $75M Growth Equity round. The round was led…

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Ndovu – The online partner for stock investment that’s been long overdue

Most Kenyans do not know how to go about investments, particularly investments in the stock markets. The stock market so far has been presented as a market for the elite…

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Flutterwave STARTUPS

Flutterwave Closes USD $250m in Series D Funding

Flutterwave Closes USD $250m in Series D Funding, Valuation Rises to Over USD $3bnFlutterwave attracts an all-star line-up of leading new investors. The company announced that it has raised USD…

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BasiGo Secures $4.3 Million from Novastar Ventures and other Silicon Valley Investors

BasiGo, an electric vehicle technology and financing company bringing electric bus services to sub-Saharan Africa, has announced a $4.3 million Seed funding round, led by Novastar Ventures with participation from…

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visa everywhere STARTUPS

Visa Everywhere Initiative 2022 invites fintech and payment startups to showcase their solutions on a global stage

The Visa Everywhere Initiative (VEI), a globally open innovation program is inviting fintech and payment startups to showcase their innovative products and solutions, with finalists gaining firsthand exposure to key fintech…

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NBK Capital Partners Mezzanine Fund provides US$ 10 million financing to Moove, an African mobility fintech

NBK Capital Partners Mezzanine Fund II (the “Fund”) announced today that it closed a US$ 10 million financing facility with Uber’s exclusive vehicle supply partner in Africa, the mobility fintech…

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After securing $1 million in Seed funding, Zanifu now eyes Uganda and Ghana markets

Zanifu has announced plans to upgrade its platform and grow the number of micro, small and medium enterprises (MSMEs) it extends stock-financing to after securing $1 million in Seed funding….

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poa! Internet receives $28M from a financing round led by Africa50

When Africa50 launched its innovation challenge calling for solutions to improve last-mile connectivity to increase access to reliable and affordable internet in Africa, it received 673 proposals. Kenya’s poa! Internet…

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Ugandan asset financing startup, Asaak, secures $30 million to support region’s taxi operators

Ugandan asset financing startup, Asaak, has secured $30 million in pre-Series A equity and debt funding that saw the participation of new and existing investors among others, Resolute Ventures, Social…

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