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…

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…

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…

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…

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….

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…

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…

Digital banking fintech startup Kwara has partnered with Workpay to offer Savings and Credit Co-operative Societies (SACCOs) in Kenya with human resource management and payroll processing solutions. The partnership will enable SACCOs to automate…

Asilimia, a startup that is building the digital infrastructure to connect African MSMEs to the formal financial economy, has raised $2 million to grow its team, deliver new services and…

She is an engineer by passion, not by training. Wangechi Kamau, CEO Classic Steel Engineering is not your typical company founder and owner… She is Layed back and at the…

ImaliPay, the Nigerian startup which leverages artificial intelligence (AI) and big data to offer tailored financial products, has partnered with pan-African payments company Cellulant for its payments infrastructure and solutions…

Opibus, Sub-Saharan Africa’s leading electric vehicle manufacturer, announced today that it has raised $7.5 mil in funding led by Silicon Valley fund At One Ventures, further supported by Factor[e] Ventures…

Kenyan education-based trivia startup mSwali has raised a pre-seed funding round of an undisclosed amount, to enable it to expand its mSwali Quiz MVP from USSD app to a web…

Autochek, the automotive technology company facilitating auto financing across Africa, has today secured $13.1mn in seed funding. Co-led by follow-on investors, TLcom Capital and 4DX Ventures, the round also included…

With support from the EU, MARKUP Kenya is excited to announce a partnership with podcast producing company SemaBOX to create and produce a podcast series called Mazao Talks.  The first season…

Eden Life, Africa’s first home services app for scheduling food, laundry and cleaning services, has completed a $1.4m Seed round, led by UK-based LocalGlobe, along with participation from Samurai Incubate,…

LG Electronics (LG) recently launched Mission for the Future, a global competition for startups to unlock innovative technologies and business ideas into the future. This inaugural competition is hosted by the company’s…

Bolt Food has expanded its operations into new areas within Nairobi to bring quality and reliable food delivery services closer to customers. Bolt Food will now be available in Windsor,…

African payments company pawaPay, has secured a $9m Seed raise. The round was led by UK-based investment fund 88mph, with participation from Vunani Capital,  Kepple Ventures, MSA and Zagadat Capital….

Sendy Ltd, an on-demand delivery company, has initiated a plan to provide small businesses and individual consumers with low-cost logistical solutions. Small companies and individuals who place their first order…

Sendy Ltd is piloting its first electric vehicle fleets to help address clean transportation in Nairobi.The Kenyan company has partnered with electric vehicle provider ARC Ride to deploy 3-wheeler (3W)…

Startups are about to explore a world of possibilities in the paints and coatings industry – Paint the Future’s second global startup challenge launched May 18. Led by AkzoNobel (AKZA;…

With digital banking providing consumers with more efficient ways to access banking records and complete financial transactions outside of local branches, Kenyan agency banking startup Tanda is also working hard…

Kenyan agency banking startup Tanda is expanding its operations regionally after closing a funding round in February 2021. This expansion drive comes after Tanda secured backing in February 2021 from…

With funding from the European Union and UK’s ForeignCommonwealth Development Office, the Kenya Private Sector (KEPSA) today launched an Ecommerce Booster Program targeting at least 2000 Micro, Small and Medium…

Bolt, the leading on-demand mobility platform in Africa, has raised Ksh. 19.8 billion funding from D1 Capital Partners meant to bolster safety and security measures on its platform. The funds will…

2020 was a record year for investment into the African tech startup ecosystem, with more startups raising more money, from more investors, than ever before. This is according to the…

Coca-Cola Africa has always been lauded for its excellent distribution strategy, somewhere in a rural village where even a government road infrastructure has not penetrated, you will see Soda Baridi…

Recently someone wondered why Kenyans prefer foreign to local solutions. He mentioned that boda boda delivery service provider, Glovo, that has been doing so well in Nairobi as example. Probably…

Payroll Mistakes every SMe must avoid, Written by Gerhard Hartman, Regional Sales Director Mid-Market: Africa and Middle East at Sage Payroll management sounds simple, but it is surprisingly easy for…