Indicina Raises $3million in a Seed Round
Indicina, which is focused on developing API-driven credit infrastructure for Africa, raised $3 million in a Seed round to help…
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Rentoza, South African Rentals Marketplace Secures $1.3m Funding From Mineworkers Investment Company
Rentoza, a South African subscription-based online electronics and appliance retailer, has raised ZAR20 million (US$1.3 million) in capital from Khulisani…
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ShopEX Raises $635,000, as it Aims to be the QVC of Africa
LAGOS, 1 June 2022 — ShopEX, a multi-channel retail business based in Nigeria and exclusive distributors of some of the world’s most…
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Kendi Ntwiga, Former Microsoft Kenya Country Director Joins Meta as the Global Head of Misrepresentation
Kendi Ntwiga has been named Global Head of Misrepresentation of Meta owners of Facebook, Instagram, and WhatsApp after her departure…
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Saudi Arabia’s HyperPay Secures $36.7 Million for Expansion
HyperPay, a fintech business based in Saudi Arabia, has raised $36.7 million in a fundraising round led by Mastercard, with…
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Instagram Extends Reels Bandwidth to 90 Seconds
Instagram, which is owned by Meta, is having difficulties sleeping, so it’s borrowing a page from TikTok and increasing the…
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South African Fintech Startup, LifeCheq Raises $2.5 Million From Naspers Foundry
Through its early-stage tech investment company Naspers Foundry, Naspers has led a $2.5 million investment in LifeCheq, a fintech platform…
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KAM Partners With Kenya Development Corporation to Facilitate SME Recovery
The Kenya Development Corporation (KDC) has teamed up with the Kenya Association of Manufacturers (KAM) to help the manufacturing sector’s…
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List of Africa’s Most Common Passwords
The cost of cybercrime on Africa’s gross domestic product (GDP) is estimated to be $4.1 billion by 2021, according to…
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Nigerian Femtech Startup, Babymigo is Reducing the Rate of Maternal Deaths Across Africa
Kemi is a co-founder of Babymigo, a Nigerian femtech firm created in 2017 with the goal of increasing access to…
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Vantage Health Technologies Partners With Institute of Human Virology Nigeria to Build AI-powered Patient Retention Solution
Vantage Health Technologies and the Institute of Human Virology Nigeria (IHVN) have joined to build an AI-enabled Patient Retention Solution,…
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Appetito Acquires Lamma to Open Office in Tunisia, Morocco, and West Africa
Appetito, an on-demand grocery retail company based in Cairo that delivers food to customers from a small network of dark…
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International Calling App, Talk360 Secures $4 Million in Funding
Talk360, an international calling app that allows users to make dependable and economical calls to any landline or mobile phone…
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Grubtech, UAE Foodtech Startup Launches Operation in Egypt
Following successful operations in 17 locations throughout the world, Grubtech, a leading tech and cloud kitchens management solutions company located…
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CashBox Announces KidsBox, a new Savings App for Kids and Teens
The Upbeat centre in Admiralty Way, Lekki, Lagos, was packed with children on Saturday, May 28. It wasn’t simply because…
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How Digital Africa Keeps Empowering African Entrepreneurs With Bridge Funding and Impact Programs
Digital Africa is a mission-driven effort funded by the French government with the goal of assisting African tech entrepreneurs and…
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AIMS Collaborates With Google To Pursue Joint Research Interests In Africa
The African Institute of Mathematical Sciences in Ghana has signed a Masters Sponsored Research Agreement (MSRA) with Google Research, with…
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WhatsApp is Working on a Button to Enable You Edit Sent Messages
You’ll be able to edit text messages you’ve already sent in the near future. On the Meta-owned messaging network Whatsapp,…
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Apply for the $50k GoGettaz Agripreneur Prize
The GoGettaz Agripreneur Prize is now accepting applications from African agri-tech firms. The prize aims to uncover Africa’s finest young…
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Kenyan Digital Pharmacy Network, Maisha Meds Records 1,000 Active Facilities, Opens Office in Nigeria
Maisha Meds, a Kenyan-based digital pharmacy network that offers pharmacies, drug stores, and clinics business management software and reimbursement programs,…
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SA e-Commerce Startup, Shopstar Secures Third Funding Round to Facilitate Expansion
Shopstar, a local e-commerce platform, has received third-round funding from Launch Africa Ventures, indicating the start of the company’s next…
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AfricInvest Announces Final Close of African Midcap-Focused Fund at Over $400m
AfricInvest, a prominent investment platform engaging in private equity, venture capital, private credit, and listed equities, has announced the final…
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CASF Invests in Fintech Startup, Finclusion Group
Finclusion Group, a sub-Saharan African fintech platform, has received an undisclosed investment from the Cairo Angels Syndicate Fund (CASF). CASF’s…
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M Auto, e-Mobility Startup Secures Funding to Expand its Electric Motorcycle Fleet and Factory in Togo, Benin
M Auto, a’mobility as a service’ startup, has raised an undisclosed amount of money from Africa Transformation and Industrialisation Fund…
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ShEquity Receives a $1.2 Million Grant From USAID Trade Hub
The USAID Trade Hub has co-invested $1.2 million in ShEquity to invest in and support over 100 high-potential women-owned or…
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Nigeria-Based Startup, Betastore Raises $2.5 Million for Expansion
Betastore, a Nigerian business, has received $2.5 million in pre-series funding. By the end of the year, the company hopes…
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Kenyan Small Businesses Experience 47% Increase in Cyber Attacks
When a small business owner is juggling production economics, financial reporting, and marketing, cybersecurity might seem complicated and, at times,…
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Google to Discontinue YouTube Go in August
YouTube Go will be decommissioned in August. A message on Google’s help page officially confirmed the move. Users of YouTube…
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Ayoken Secures $1.4M to Scale its NFT Marketplace for Creatives
Ayoken, a non-traditional marketplace for creatives, has raised $1.4 million in pre-seed capital to help users diversify their revenue streams…
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Facebook to Pull the Plug on Podcast Platform in Less Than a Year of Its Launch
Social media giant Facebook has planned to shut down its podcast platform less than a year after its launch. According…
