LoftyInc Capital Management, Nigerian VC firm made up to 65 African investments in 2021
LoftyInc Capital Management is a venture capital business with the goal of “creating an ecosystem of Africans investing in…
-
-
African startups are now leveraging debt financing to fuel growth with $700m raised in 2021
According to Partech’s report on venture capital funding in Africa, 37 African tech startups raised a total of $767 million…
-
Digital Africa is ready to assist African startups with $79m
Digital Africa, a French government-supported organization that helps African tech startups, has announced that it will provide 70 million euros…
-
MoneyHash, an Egyptian fintech startup, raises $3 million in pre-seed funding as it exits beta
MoneyHash, an Egyptian fintech startup that uses a universal API and a unified checkout experience to help businesses consolidate and…
-
Ndovu, a Kenyan wealth-tech startup, has launched following a pre-seed funding round
Ndovu, a Kenyan wealth-tech startup, has begun operations after securing a pre-seed funding round in October, with the goal of…
-
Nawy, Egyptian prop-tech startup secures $5m seed round
Nawy, an Egyptian prop-tech startup, has raised $5 million in seed funding to help it expand across the region. Nawy,…
-
Egyptian e-health startup Nawah Scientific raises funding Cairo Angels Syndicate Fund
Nawah Scientific, an Egyptian life sciences and biotech startup, has received funding from the Cairo Angels Syndicate Fund (CASF) as…
-
SendChamp, a Nigerian’s startup is helping businesses reach customers via different means
SendChamp, a Nigerian startup, provides communication APIs and customer relationship management tools to developers and businesses, allowing them to reach…
-
Around 50% of $2bn African tech fund raised in 2021 went to fintech startups
Africa’s fintech sector is a funding magnet, absorbing nearly half of the continent’s more than $2 billion raised by tech…
-
Afya Rekod, a Kenyan e-health startup, has raised a $2 million seed round
Afya Rekod, a Kenyan e-health startup, has closed a US$2 million seed round to help it scale across the continent….
-
Afrilearn, Nigerian Startup Offers Free Education Content to Primary and Secondary School Students
The education technology space has reached new heights with the release of the Afrilearn Mobile App, which is now freely…
-
Exploring the African tech funding landscape for the “big four” in 2021
2021 was the best year on record for African tech startup funding, with more startups raising more money from more…
-
Lami, tech insurance company acquires Kenya’s Bluewave, to expand in Africa
Lami, an insurance technology company, has announced the acquisition of Bluewave Insurance Agency, a Nairobi-based insurtech firm, for an undisclosed…
-
Coming of age – delving into a record-breaking year of African tech startup funding
Whatever way you look at it, whatever figures you believe, whatever methodologies you use, one thing is certain: 2021 was…
-
The African startup ecosystem is growing at an unprecedented rate
There has never been a more exciting time to be in the African startup scene. According to a recent BCG…
-
How African Tech Start-ups Can Leverage Predictive Analytics For Efficient Service Delivery
Many organizations are seeking ways to offer their products and services to customers in an efficient way in order to…
-
PAPS, Senegalese logistics startup raises $4.5m to expand across Francophone Africa
PAPS, a Senegalese startup, has acquired a pre-Series A fundraising round of US$4.5 million from local and international investors to…
-
Moroccan B2B e-commerce startup Chari secures bridge round valuing company at $100m
Chari, a Moroccan B2B e-commerce and fintech business, has raised a bridge round of funding valued at US$100 million. Chari,…
-
South African mobile gaming startup Carry1st secures $20m from a16z, Google
Carry1st, a South African mobile game firm, has secured a US$20 million Series A extension round led by Andreessen Horowitz,…
-
2 Nigerian startups joins the latest Y Combinator batch
Nigerian businesses Moni and Topship have been accepted into the famed Silicon Valley-based Y Combinator accelerator’s W22 batch. Between now…
-
Orda, Nigerian restaurant management startup Orda secures $1.1m pre-seed to expand across Africa
Orda, a Nigerian restaurant management business, has raised a pre-seed fundraising round of US$1.1 million in order to accelerate its…
-
12 African startups to look out for in 2022
Despite the world’s economic volatility, Africa’s tech entrepreneurs have pulled off another stellar year. If the year 2021 is any…
-
Lamma, a Tunisian rapid commerce startup, has launched in Morocco, marking the start of its African development
Lamma, a Tunisian business that creates short commerce apps for young, active Africans, is expanding internationally with a debut in…
-
Lumi, Nigerian startup is helping businesses reward their customers
How businesses promote to new clients is one of the ways that technology is continuously revolutionizing how we live. Businesses…
-
Nigerian fintech startup, Lemonade is poised to lead the African remittances space
Lemonade, a Nigerian fintech startup, is by no means unique in its ability to help Africans abroad send and receive…
-
Google Acquires Israeli Security Startup Siemplify for $500 million
Alphabet-owned Google announced the acquisition of Israeli cybersecurity startup Siemplify by its cloud division on Tuesday, as the US tech…
-
Tanzanian startup for image-sharing Windowshoppi aims to increase local commerce
Windowshoppi, a Tanzanian startup that allows users to post photos, add locations, and recommend products, is hoping to boost local…
-
Nigeria’s edtech startup,Teesas, has received $1.6 million in funding to expand across Africa and launch a tutor marketplace.
After seven years of producing electronic gadgets through his company, Imose Technologies, Osayi Izedonmwen took a break to pursue an…
-
Kenya’s Aircart has launched to assist users in selling digital products online
Aircart, a Kenyan startup, has launched an online platform that allows users to sell any digital product using smart links….
-
The Surefire Way to Introduce a Successful EdTech Startup in a Pandemic
The EdTech sector grew by 30-35 percent in 2020, and it is expected to grow by 20-25 percent by the…
