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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3886040 | Tags:





IFC invests $10.5 million in new 4DX Ventures Fund to support tech startups in Africa
Published: 19-04-2024 | 17:15:53 | By: Bob Koigi
Africa is among the regions least served by venture capital, receiving just 2% of global venture deal volume in the third quarter of 2023.


Orange launches Social Venture Prize in Africa and the Middle East to encourage entrepreneurship
Published: 19-04-2024 | 17:05:11 | By: Bob Koigi
Since 2011, the OSVP prize has been rewarding innovative start-up projects that use and develop new technologies to make a positive impact in Africa and the Middle East


[Column] Kevin Ng'ang'a: E-commerce can create a borderless and efficient market for Africa
Published: 08-04-2024 | 11:00:00 | By: Bob Koigi
One area that has the potential to create a borderless and efficient market as envisioned by AfCFTA is Africa’s e-commerce space which Statista estimated hit the $40 billion-mark last year.








Conference discusses the role of nature-based solutions in healing the planet
Published: 12-03-2024 | 12:30:00 | By: Bob Koigi
The Global EverGreening Alliance in partnership with the Government of Zambia, AFR100, and AUDA-NEPAD has convened a global conference bringing together global thought leaders and action-takers to deliberate and come up with actionable strategies to tap into the potential of nature to address challenges.
































[Free Webinar] Accelerating FX Success: Expansion Strategies for Marketing Agencies in Eastern, Western Africa
Published: 19-12-2023 | 14:47:17 | By: Bob Koigi
This event is tailored for marketing executives and CFOs looking to gain actionable insights into international expansion, building a global clientele and establishing strong online presence.




Christine Namara joins Flat6Labs as partner for Africa Seed Fund
Published: 06-12-2023 | 10:30:00 | By: Bob Koigi
In a strategic move to strengthen its existing footprint in the vibrant African startup ecosystem, Flat6Labs, the seed venture capital firm in the MENA (Middle East and North Africa) region, has appointed Christine Namara as Partner for its Africa Seed Fund.


Global mobility firm inDrive launches venture targeting startups
Published: 05-12-2023 | 10:35:00 | By: Bob Koigi
inDrive, a global mobility and urban services platform, has announced the launch of a new venture and M&A arm aiming to invest up to $100 million in promising startups.










Samsung invests in Skipify to accelerate its next-gen digital wallet
Published: 24-10-2023 | 10:01:00 | By: Pie Kamau
Fintech company, Skipify, has announced a strategic investment from Samsung Next.


Kuramo Capital to invest $150m in women-led startups in Africa
Published: 16-10-2023 | 13:59:00 | By: Pie Kamau
Kuramo Capital Management has announced plans to invest $150m in female-led enterprises.


Mobility startup Treepz launches insurance program for car rentals in Africa
Published: 13-10-2023 | 15:32:01 | By: Pie Kamau
Treepz is introducing an insurance program for car rentals in Africa.


Sony launches Sony Innovation Fund Africa
Published: 12-10-2023 | 11:50:00 | By: Pie Kamau
Sony has launched ''Sony Innovation Fund: Africa" to support the growth of the entertainment businesses in Africa.


BFA Global, FSD Africa and IUCN launch Africa Blue Wave to support tech startups
Published: 05-10-2023 | 13:16:00 | By: Pie Kamau
BFA Global, FSD Africa, and IUCN have launched the Africa Blue Wave.


South African payments startup Revio raises $5.2 seed round to grow coverage across Africa
Published: 28-09-2023 | 15:55:00 | By: Pie Kamau
Revio has announced a seed investment round of $5.2m.


Google for Startups Growth Academy: AI for Health unveils the 2023 cohort
Published: 26-09-2023 | 10:54:00 | By: Pie Kamau
The Google for Startups Growth Academy: AI for Health has unveiled its 2023 cohort.


IFC invests in e-Commerce platform ANKA to support Africa’s creative Artisans
Published: 25-09-2023 | 17:29:00 | By: Pie Kamau
IFC has invested $3.4m equity investment in African e-Commerce platform ANKA.


[Column] Sandi de Souza: Why top-performing companies use AI to boost procurement
Published: 22-09-2023 | 14:57:00 | By: Pie Kamau
Leading organisations are augmenting their source-to-pay processes with AI


Flapmax announces 12 African startups selected for FAST Accelerator program
Published: 21-09-2023 | 13:42:00 | By: Pie Kamau
Flapmax announced the twelve companies selected for FAST Accelerator program.


50 African women to benefit from fellowship on agri food policies
Published: 15-09-2023 | 13:15:00 | By: Bob Koigi
The two-year career development program aims to grow a pool of confident and capable mid-career African women to lead policy changes to improve African smallholders’ livelihoods, particularly women.


Catalyst Fund marks its first close to back climate tech startups in Africa
Published: 12-09-2023 | 12:14:00 | By: Pie Kamau
The Catalyst Fund has reached the first close of its targeted $40m fund.


Investor-founder disconnect poses major threat to African tech funding
Published: 11-09-2023 | 11:39:00 | By: Pie Kamau
African tech investors will not invest follow-on funding in a startup failing to provide regular reporting updates.


[Column] Marcel Bruyns: AI is getting smarter and critical infrastructure is set to benefit
Published: 05-09-2023 | 16:00:00 | By: Pie Kamau
AI has emerged as a defining trend in today's business arena.


[Column] Dong Won Lee: Tech innovations should enrich the total customer experience
Published: 05-09-2023 | 15:20:00 | By: Pie Kamau
New technologies are now ingrained in our lives.


One Campaign urges African leaders to elevate policy changes to tackle climate change
Published: 04-09-2023 | 12:00:00 | By: Bob Koigi
The One Campaign is urging all leaders to use this pivotal moment to unite around a shared pan-African agenda – one that brings justice and prosperity.


African fintech startup Lipa Later gets greenlight for public fundraising in US
Published: 01-09-2023 | 12:45:00 | By: Bob Koigi
Lipa Later Group is  a global trailblazing innovator recognized as one of Africa's Fastest-Growing Fintech Companies by the Financial Times that continues to reshape the finance, payments, and e-commerce landscape in Africa.


French clinical-stage biotech Abivax secures €75m for product development
Published: 31-08-2023 | 15:13:00 | By: Pie Kamau
Claret European Growth Capital has participated in investing €75m into Abivax.


South Korean Naver-backed AI startup Crowdworks to go public
Published: 31-08-2023 | 14:44:00 | By: Pie Kamau
Crowdworks will be listed on the Korean KOSDAQ market via SPAC merger.


Rho closes deal with Capital to bolster support for tech startups
Published: 31-08-2023 | 10:10:00 | By: Pie Kamau
Rho has completed a transaction to have Capital, the founder-friendly fundraising and banking platform, join Rho.


Travel tech firm Branchspace receives £5m to enhance airline retail digitisation
Published: 31-08-2023 | 09:43:00 | By: Pie Kamau
Gresham House Ventures has completed a £5m investment into Branchspace


Inside the mind of an expert: Fintech AI predictions for 2023, Plug and Play
Published: 29-08-2023 | 12:43:00 | By: Pie Kamau
AI has revolutionized fintech by enabling innovative solutions.


Geek Ventures launches First Fund to support immigrant tech founders
Published: 29-08-2023 | 12:11:00 | By: Pie Kamau
Geek Ventures announced the close of Geek Ventures Fund I, LP.


[Column] Richard Shaw: AI-ready cloud - How hyperscalers empower businesses to thrive in the digital age
Published: 29-08-2023 | 11:46:00 | By: Pie Kamau
Cloud computing has undergone evolution.


MEST Africa Challenge Startup Pitch Competition applications open
Published: 29-08-2023 | 11:37:00 | By: Pie Kamau
MEST Africa has opened applications for its 2023 Challenge Startup Pitch Competition for African startups. 


Finnish startup Videobot secures €2m to revolutionize online customer experiences
Published: 29-08-2023 | 11:12:00 | By: Pie Kamau
Videobot, a Finnish SaaS startup, has raised €2 million in seed funding.


Fintech firm LemFi raises $33m to transform financial services for immigrants everywhere
Published: 28-08-2023 | 13:06:00 | By: Pie Kamau
LemFi (formerly Lemonade Finance), has raised $33 million Series A round.


Munich-based Aily Labs raises €19m Series A round to accelerate growth
Published: 28-08-2023 | 12:26:00 | By: Pie Kamau
Aily Labs has raised €19 million in a Series A round


Mendoza Ventures launches Mendoza Impact to close the diverse founder funding gap
Published: 28-08-2023 | 12:14:00 | By: Pie Kamau
Mendoza Ventures has launched a new non-profit, Mendoza Impact.


Meet Kuushy: Sit your way to better health
Published: 28-08-2023 | 11:56:00 | By: Pie Kamau
Poor posture can lead to a whole range of problems – from neck and back pains to even heartburn and constipation.


ZENCE OBJECT secures $2.5m to commercialise sustainable materials from tea residuals
Published: 28-08-2023 | 11:33:00 | By: Pie Kamau
ZENCE OBJECT has secured $2.5m from the AEF Greater Bay Area Fund (AEF GBA).


Irys Insurtech closes $3.5m seed round to take on legacy competitors
Published: 25-08-2023 | 11:27:00 | By: Pie Kamau
Irys Insurtech has closed a seed funding round of $3.5 million.


Industry veterans launch cybersecurity startup Vigiles
Published: 25-08-2023 | 10:57:00 | By: Pie Kamau
Former Trustwave executives have launched a cybersecurity startup, Vigiles.


Human-like AI Meeranda is now a part of Microsoft for Startups Founders Hub
Published: 25-08-2023 | 10:43:00 | By: Pie Kamau
Meeranda announced its acceptance into the Microsoft for Startups program.


Rivery joins AWS ISV Accelerate and AWS Global Startup Program
Published: 25-08-2023 | 10:33:43 | By: Pie Kamau
Rivery announced acceptance into the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program.


Holland Capital fuels conversational commerce advancements, invests in Conversation24
Published: 24-08-2023 | 16:02:00 | By: Pie Kamau
Holland Capital has announced an investment in Conversation24.


APERIO closes $9m Series A1 round to accelerate growth
Published: 24-08-2023 | 15:51:00 | By: Pie Kamau
APERIO, a category leader in operational data quality, announced it has closed $9 million in Series A1 funding.


Nigeria's Treepz among startups selected for 2023 VC4A Venture Showcase Africa
Published: 24-08-2023 | 15:35:00 | By: Pie Kamau
Treepz hes been selected to participate in VC4A Venture Showcase Africa. 


Google launches AI First accelerator program for African startups
Published: 24-08-2023 | 15:17:00 | By: Pie Kamau
Google has announced the launch of a new accelerator program to support AI startups in Africa. 


Nodal Power raises $13m to build renewable energy power plants at landfills
Published: 24-08-2023 | 15:03:00 | By: Pie Kamau
Nodal Power has raised a $13m to mitigate methane emissions at landfills.


Kamupak and &Repeat join forces to build a Nordic market in circular packaging systems
Published: 23-08-2023 | 13:18:00 | By: Pie Kamau
Finnish Kamupak is merging with Swedish competitor, impact tech startup &Repeat.


Left Lane Capital appoints Chris Taylor as Chief Growth Officer
Published: 23-08-2023 | 13:00:00 | By: Pie Kamau
Left Lane Capital has appointed Chris Taylor as the Chief Growth Officer.


Blue Hour Ventures launches with Fund I spin out
Published: 23-08-2023 | 12:40:00 | By: Pie Kamau
Blue Hour Ventures, an early stage venture capital firm, has announced the firm's launch.


Swedish fintech Klarna records growth in key European markets
Published: 23-08-2023 | 12:14:49 | By: Pie Kamau
Klarna, the global payments network and shopping assistant, announced strong growth across Europe.


SaaS startup Tenant Inc. closes third seed funding round with $25 million
Published: 23-08-2023 | 11:57:00 | By: Pie Kamau
Tenant Inc. has closed its third seed funding round with $25 million.


B2B marketplace startup Ghost raises $30m to help brands and retailers move surplus inventory
Published: 22-08-2023 | 13:12:00 | By: Pie Kamau
B2B marketplace startup Ghost has raised $30m Series B funding.


Glasgow food tech startup ENOUGH raises €40m growth fund to scale mycoprotein production
Published: 22-08-2023 | 12:35:00 | By: Pie Kamau
Glasgow-based food tech startup ENOUGH has raised €40m in growth funding.


BBT.live extends seed funding to $8.4m for secured connectivity as a service
Published: 22-08-2023 | 11:53:00 | By: Pie Kamau
BBT.live has extended its seed funding round to $8.4 million.


Startup Elecate acquires Synergy International to elevate the hospitality and rental software industry
Published: 22-08-2023 | 11:35:00 | By: Pie Kamau
Elecate has acquired Synergy International.


BingX invests in AI and Web3 startup Moonbox to accelerate growth
Published: 22-08-2023 | 11:20:00 | By: Pie Kamau
BingX has invested in Moonbox, a pioneering AI and Web3 startup.


Frankfurt-based compliance startup Qualifyze raises $12m to accelerate healthcare supply chain
Published: 21-08-2023 | 15:04:00 | By: Pie Kamau
Frankfurt-based startup Qualifyze announced a $12m funding round.


[Column] Ololade Odunsi: Global tech job cuts - what African techies can do to thrive
Published: 21-08-2023 | 14:20:00 | By: Pie Kamau
There have been nearly 160,000 Layoffs among US tech companies.


[Column] Mukesh Bector: How Augmented Reality is transforming print technology
Published: 21-08-2023 | 13:32:00 | By: Pie Kamau
The journey of print technology has been nothing short of remarkable.


D'Amelio Brands announces $5m investment into the Food & Beverage space
Published: 21-08-2023 | 13:21:00 | By: Pie Kamau
D'Amelio Brands announced a $5m investment from Fifth Growth Fund (FGF).


Delaware startup Duravo debuts world's toughest lightweight luggage
Published: 21-08-2023 | 12:57:00 | By: Pie Kamau
Duravo announced the launch of the toughest, yet lightest carry-on suitcase in its class.


Visana Health raises $10.1m seed round to bring comprehensive virtual healthcare to women
Published: 18-08-2023 | 15:19:00 | By: Pie Kamau
 Visana Health announced the close of $10.1 million in seed funding.


Climate tech incubator Greentown Labs appoints Kevin Knobloch as CEO
Published: 18-08-2023 | 14:19:00 | By: Pie Kamau
Greentown Labs has appointed Kevin Knobloch as the organization's next CEO.


Berlin-based startup Mercanis raises $10m to boost savings for procurement teams
Published: 18-08-2023 | 13:40:00 | By: Pie Kamau
Berlin-based startup Mercanis announced the completion of $10m seed funding.


On-demand logistics and delivery startup Picup opens driver training centres in South Africa
Published: 18-08-2023 | 13:20:00 | By: Pie Kamau
Picup has launched its Driver Training Centres in Cape Town.


Cyber security startup ProjectDiscovery raises $25m, launches Cloud Platform
Published: 18-08-2023 | 13:10:00 | By: Pie Kamau
ProjectDiscovery announced it has raised $25m Series A financing round.


Toothio raises $4m to revolutionize dental staffing
Published: 17-08-2023 | 15:12:00 | By: Pie Kamau
Toothio, the on-demand dental staffing platform announced a $4m seed round.


Apica acquires data fabric startup LOGIQ.AI, raises $10m to modernize data management
Published: 17-08-2023 | 14:48:00 | By: Pie Kamau
Apica announced its agreement to acquire data fabric startup LOGIQ.AI.


Heat battery maker Rondo Energy secures $60m to speed industrial decarbonization
Published: 17-08-2023 | 14:22:00 | By: Pie Kamau
Rondo Energy has raised $60 million in new financing.


Marqo secures $5.2m to bring continuous-learning vector search to businesses
Published: 17-08-2023 | 14:03:00 | By: Pie Kamau
Marqo, the startup enabling AI-powered search, has closed $5.2m seed investment.


Medicare startup MyPlanAdvocate acquires Eversurance to grow the health insurance market
Published: 17-08-2023 | 13:02:00 | By: Pie Kamau
MyPlanAdvocate (MPA), has announced the acquisition of Eversurance.


From catwalks to urban planning: Milan's sustainable city transformation, Plug and Play
Published: 16-08-2023 | 11:26:00 | By: Pie Kamau
Milan is a city known for its vibrant fashion and cultural scene.


Oslo-based AI startup Deckmatch secures €1m funding to accelerate growth
Published: 16-08-2023 | 11:09:00 | By: Pie Kamau
Oslo-based AI startup Deckmatch has successfully raised €1m funding round.


Biocanic closes $600k seed round to accelerate growth of its health intelligence platform
Published: 16-08-2023 | 10:42:00 | By: Pie Kamau
San Diego software platform Biocanic has closed $600k seed round.


Altos Radar raises $3.5m to accelerate development of 4D imaging radars
Published: 16-08-2023 | 10:28:00 | By: Pie Kamau
Automotive radar startup, Altos Radar, has raised $3.5m seed round funding.


UK foodtech startup Clean Food Group raises £2.3m funding to scale operations in advance of Series A
Published: 16-08-2023 | 10:15:00 | By: Pie Kamau
Clean Food Group has announced a further £2.3m funding.


Swedish SaaS startup CodeScene raises €7.5m financing round to accelerate growth
Published: 15-08-2023 | 11:19:00 | By: Pie Kamau
Swedish SaaS startup CodeScene has successfully raised €7.5m financing round.


Berlin-based insurtech startup SureIn closes €4m designed for Europe's SMBs
Published: 15-08-2023 | 11:00:00 | By: Pie Kamau
Berlin-based insurtech startup SureIn has closed a €4 million Seed round.


Tech Square Ventures leads investment in cartonization platform, Paccurate
Published: 15-08-2023 | 10:43:00 | By: Pie Kamau
Paccurate announced the closing of $3.5m round led by Tech Square Ventures.


UK foodtech startup Clean Food Group partners with LATAM food technology specialist, Alianza Team
Published: 15-08-2023 | 10:24:00 | By: Pie Kamau
Clean Food Group has announced a strategic collaboration with Alianza Team.


Generative AI has become an emerging risk for enterprises, Gartner survey
Published: 14-08-2023 | 15:33:00 | By: Pie Kamau
The availability of generative AI became a top concern for enterprise risk executives.


Berlin-based startup NeXtWind secures $750m to build sustainable energy market in Germany
Published: 14-08-2023 | 15:11:00 | By: Pie Kamau
NeXtWind has completed $750m second financing round.


Beond closes $17m seed round to establish world's first premium leisure airline
Published: 14-08-2023 | 14:50:00 | By: Pie Kamau
Beond announced the successful completion of over $17m seed round.


Proptech AI startup Zenerate partners with SoLa Impact to automate affordable housing developments
Published: 14-08-2023 | 14:12:00 | By: Pie Kamau
Zenerate has partnered with SoLa Impact.


AI chat startup Chai announces $205m valuation
Published: 14-08-2023 | 13:58:00 | By: Pie Kamau
Chai, the AI chat entertainment platform, has announced a $205 million valuation.


AI data startup Virtualitics closes $37m Series C funding round
Published: 10-08-2023 | 18:09:00 | By: Pie Kamau
Virtualitics, announced that it has raised $37 million in a Series C financing.


Binance Labs invests in decentralized Rollups-as–a-Service (RaaS) provider AltLayer
Published: 10-08-2023 | 16:48:00 | By: Pie Kamau
Binance Labs has announced a strategic investment in AltLayer.


Treehouse secures $10m to bring EV chargers into homes
Published: 10-08-2023 | 16:35:00 | By: Pie Kamau
Treehouse, an electrification company that delivers turnkey installations for home EV charging, announced $10m in funding.


Nature Coatings secures $2.45m funding to accelerate growth
Published: 10-08-2023 | 16:19:00 | By: Pie Kamau
Nature Coatings announced the successful completion of an oversubscribed $2.45 million seed funding round.


Nigerian mobility fintech Moove secures $76m funding for global expansion
Published: 10-08-2023 | 15:46:00 | By: Pie Kamau
Nigerian mobility fintech Moove, has secured $76 million in new funding.


6 industries that chemical recycling is poised to disrupt, Plug and Play
Published: 09-08-2023 | 13:19:00 | By: Pie Kamau
Chemical recycling is a process in which waste materials are broken down into their original chemical compounds.


sewts raises €7m to shape the future of robotics, automation in the textile industry
Published: 09-08-2023 | 12:55:00 | By: Pie Kamau
Munich-based deep tech startup sewts has closed €7m Series A financing round.


Venture-backed platform eMerge Americas appoints Melissa Medina as new CEO
Published: 09-08-2023 | 12:29:00 | By: Pie Kamau
eMerge Americas, announced that Melissa Medina will step into the CEO role.


AI startup FeatureByte unveils self-service feature platform
Published: 09-08-2023 | 12:02:00 | By: Pie Kamau
 FeatureByte announced the release of the FeatureByte self-service feature platform.


Preamble joins NVIDIA Inception to boost AI safety and risk mitigation for enterprises
Published: 09-08-2023 | 11:25:00 | By: Pie Kamau
Preamble announced it has joined NVIDIA Inception.


Cultivated meat startup Meatable raises $35m to accelerate commercial launch of its pork products
Published: 08-08-2023 | 12:42:00 | By: Pie Kamau
Meatable has raised $35m in new funding.


Closing the capital gap on impact investment in Africa, report
Published: 08-08-2023 | 11:35:00 | By: Pie Kamau
African fund managers face unique obstacles that impede their access to capital for social impact.


Copenhagen startup Bactolife raises €30m Series A financing to accelerate growth
Published: 08-08-2023 | 11:15:00 | By: Pie Kamau
Bactolife announced it has successfully raised €>30 million.


Haus raises $17m Series A funding to build the future of growth intelligence
Published: 08-08-2023 | 10:44:00 | By: Pie Kamau
Haus has announced $17 million in Series A funding led by Insight Partners.


Persist AI raises $4m seed financing to accelerate drug formulation
Published: 08-08-2023 | 10:11:00 | By: Pie Kamau
Persist AI announced the close of an oversubscribed $4 million financing round.


Fintech startup Okoora fuels Paysend's Israeli market entry
Published: 07-08-2023 | 15:10:00 | By: Pie Kamau
Okoora, the Swiss-Israeli fintech startup has partnered with Paysend.


Functional Finance raises $8m to expand operational efficiency for the insurance industry
Published: 07-08-2023 | 14:45:00 | By: Pie Kamau
Insurtech startup Functional Finance secures $8m in seed capital.


O'Shaughnessy Ventures launches Grants program
Published: 07-08-2023 | 14:29:00 | By: Pie Kamau
O'Shaughnessy Ventures has announced the launch of the O'Shaughnessy Grants program.


IVIX closes $12.5m Series A funding round to accelerate growth, combat financial crimes
Published: 07-08-2023 | 14:09:00 | By: Pie Kamau
IVIX, announced the closing of a $12.5m Series A funding round


OKX Ventures invests $1m funding round in Hong Kong-based AI and Web3 startup Moonbox
Published: 07-08-2023 | 13:57:00 | By: Pie Kamau
OKX Ventures has announced a $1m investment in Moonbox.


Supportwave raises $2.2m seed funding to accelerate the Future of IT support services
Published: 03-08-2023 | 15:42:00 | By: Pie Kamau
Supportwave has announced the successful closure of its seed funding round.


bp ventures invests £4m in UK-based fleet optimization software provider Dynamon
Published: 03-08-2023 | 15:20:00 | By: Pie Kamau
bp ventures has made a £4 million investment in Dynamon.


SynBio startup Enzymit announces breakthrough in cell-free hyaluronic acid production
Published: 03-08-2023 | 14:03:00 | By: Pie Kamau
Enzymit announced its success in synthetically producing hyaluronic acid (HA).


AI-enabled stealth startup Stackless Data raises $14m seed round to accelerate growth
Published: 03-08-2023 | 13:49:00 | By: Pie Kamau
Stackless Data has raised a seed round at a pre-money valuation of $14 million.


South Korean able-tech startup Kangsters selected for acceleration program by Praxis Labs
Published: 03-08-2023 | 12:03:00 | By: Pie Kamau
Kangsters has been selected to participate in Praxis redemptive acceleration program.


British Business Investments commits €27m to Bootstrap Europe II
Published: 02-08-2023 | 15:22:00 | By: Pie Kamau
British Business Investments has committed €27 million to Bootstrap Europe II.


FAST Accelerator launches 2nd Cohort of AI program for African startups
Published: 02-08-2023 | 15:06:47 | By: Pie Kamau
Flapmax has launched the second FAST Accelerator program.


Kenyan healthtech startup Zuri Health secures additional investment from Marula Square
Published: 02-08-2023 | 14:47:00 | By: Pie Kamau
Zuri Health has secured additional investment from Marula Square.


SnoFox launches from stealth mode with $4.5m in seed funding
Published: 02-08-2023 | 12:19:00 | By: Pie Kamau
SnoFox announced its $4.5 million seed round led by Voyager Ventures.


Hubly Surgical raises $3m oversubscribed funding following FDA clearance
Published: 01-08-2023 | 14:32:00 | By: Pie Kamau
Hubly Surgical has successfully closed its Series seed funding round.


Upskilling startup AlmaBetter partners with Woolf to deliver accredited degrees to online learners
Published: 01-08-2023 | 13:41:00 | By: Pie Kamau
AlmaBetter has partnered with Woolf.


Nigeria's Remedial Health raises $12m to deliver financial services for neighborhood pharmacies
Published: 01-08-2023 | 13:17:00 | By: Pie Kamau
Remedial Health has secured $12m in an equity and debt funding round.


Aachen-based deeptech startup Elevear secures seed financing for audio technology market entry
Published: 01-08-2023 | 12:47:00 | By: Pie Kamau
deeptech startup Elevear has secured seed investment.


London innovation scale-up Wazoku brings innovation to the enterprise with full Teams integration
Published: 01-08-2023 | 12:14:00 | By: Pie Kamau
Wazoku has announced a full integration with collaboration platform Microsoft Teams.


[Column] Hani Raad: Dedication, innovation, and education - the recipe for Africa’s digital prosperity
Published: 31-07-2023 | 12:32:00 | By: Pie Kamau
Africa has come a long way in terms of digital innovation and adoption.


[Column] Nchaupe Khaole: Unlocking South Africa's technology investment potential
Published: 25-07-2023 | 10:06:00 | By: Pie Kamau
Technology enabled businesses and the solutions they develop represent growth.


Visa opens applications for its Africa Fintech Accelerator Program
Published: 21-07-2023 | 15:16:00 | By: Pie Kamau
Visa has opened applications for startups to participate in the first cohort of the Visa Africa Fintech Accelerator program.


[Column] Patrick Evans: Boosting cybersecurity with robust digital risk assessment tools
Published: 17-07-2023 | 11:30:00 | By: Pie Kamau
Cybersecurity be boosted by building a strong cyber risk profile.


Startupbootcamp AfriTech opens cohort 4 of its ASIP accelerator program
Published: 17-07-2023 | 10:24:00 | By: Pie Kamau
Startupbootcamp AfriTech has opened applications its ASIP accelerator program.


[Column] Ronald Magondo: How cloud-native approaches are redefining business
Published: 14-07-2023 | 15:33:00 | By: Pie Kamau
Cloud-native approaches are rapidly redefining the business landscape.


[Column] Theo van Zyl: Connectivity on the go, why not all mobile internet services are the same
Published: 14-07-2023 | 15:26:00 | By: Pie Kamau
More consumers are taking a closer look at their connectivity requirements.


[Column] Rami Osman: 5G as a catalyst for economic opportunities, innovation in Sub-Saharan Africa
Published: 10-07-2023 | 12:03:00 | By: Pie Kamau
Sub-Saharan Africa is at the forefront of innovations.


Kenyan agritech startup Kyosk acquires KwikBasket, expands into fresh produce market
Published: 10-07-2023 | 11:09:00 | By: Pie Kamau
Kenyan agritech startup Kyosk, is expanding into the African fresh produce market.


Ayoba, Adanian Labs launch accelerator programme in Nigeria
Published: 10-07-2023 | 10:56:00 | By: Pie Kamau
Ayoba has partnered with Adanian Labs to launch an SME accelerator program in Nigeria.


[Column] Paul Selibas: Embedded finance in the age of e-Commerce
Published: 06-07-2023 | 14:57:00 | By: Pie Kamau
The African online e-Commerce market has grown rapidly in recent years.


Seedstars launches FIWAM program to boost financial inclusion for women migrants
Published: 06-07-2023 | 14:42:00 | By: Pie Kamau
Seedstars has launched a program to promote financial inclusion for women.


Empowering Africa's socio-economic landscape through innovative solutions, Plug and Play
Published: 04-07-2023 | 14:16:00 | By: Pie Kamau
Innovation is critical in shaping the future of Africa’s growth.


[Column] Zafir Junaid: Bridging the AI skills gap in Africa
Published: 04-07-2023 | 13:57:00 | By: Pie Kamau
As we navigate the contours of the 4IR, powered by AI, it is becoming increasingly evident that Africa has a critical role to play.


Kenyan fashion e-Commerce startup ShopZetu raises pre-seed funding to fuel growth of its marketplace
Published: 29-06-2023 | 14:25:00 | By: Pie Kamau
Kenyan fashion e-Commerce startup ShopZetu has raised $1m pre-seed funding.


Seedstars, Fondation Botnar launch youth Wellbeing Ventures with $20m investment in Africa
Published: 27-06-2023 | 17:36:00 | By: Pie Kamau
Seedstars Capital and Fondation Botnar have invested $20m for early-stage startups.


Haul247 secures $3m seed funding to drive innovation in Africa’s logistics industry
Published: 16-06-2023 | 15:07:00 | By: Pie Kamau
Haul247 has raised $3 million in a seed funding round.


Orange partners with Digital Africa to strengthen the growth of African startups
Published: 16-06-2023 | 14:12:00 | By: Pie Kamau
Orange has partnered with Digital Africa, to promote and strengthen African startups.


[Column] Patrick Ndegwa: Journey to the centre of the cloud; why Kenya should store data locally
Published: 12-06-2023 | 15:16:00 | By: Pie Kamau
Kenyan businesses are migrating to the cloud en masse.


Africa among top 3 regions prone to mobile financial scam, report
Published: 12-06-2023 | 14:58:00 | By: Pie Kamau
Throughout 2022 and the first quarter of 2023, 14% of installs of potentially unwanted mobile financial apps on Android phones were made.


[Interview] Renate Swanepoel, COO, INC. Networking
Published: 07-06-2023 | 15:43:00 | By: Pie Kamau
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker.


[Column] Nixon Gecheo: Agtech, a pivotal force driving climate change action in agriculture
Published: 05-06-2023 | 16:02:00 | By: Pie Kamau
The agricultural sector is a significant contributor to greenhouse gas emissions.


AWS selects 25 African startups for its Fintech in Africa accelerator
Published: 05-06-2023 | 15:45:00 | By: Pie Kamau
25 African fintech startups have been selected for the inaugural AWS FinTech Africa Accelerator cohort.


[Column] Somesh Adukia: Paper versus digital; the future of work
Published: 01-06-2023 | 11:12:00 | By: Pie Kamau
Digitization is revolutionizing the way businesses operate across the globe.


[Column] Mukesh Bector: A simple place to start if you’re lagging on digital transformation
Published: 30-05-2023 | 08:59:00 | By: Pie Kamau
Digital transformation: we’ve all heard the phrase a thousand times.


[Column] Joanne Mwangi – Yelbert: Entice more women in tech to bridge skills gap and bolster growth
Published: 29-05-2023 | 13:50:00 | By: Pie Kamau
Incredible improvements in tech are rapidly reshaping our world.


[Column] Darryl Pietersen: Africa’s digital dividend: The role of technology in remittances
Published: 25-05-2023 | 13:22:00 | By: Pie Kamau
The growth of Africa’s digital economy has resulted in many positive changes.


Climate tech startup Amini raises $2m to solve environmental data scarcity for Africa
Published: 18-05-2023 | 14:51:00 | By: Pie Kamau
Amini, Corp. has raised $2 million in pre-seed funding in an oversubscribed round.


Nigerian cold-chain startup Gricd rebrands as Figorr, secures $1.5m seed funding to support data-driven insurance for perishable goods in Africa
Published: 17-05-2023 | 11:27:00 | By: Pie Kamau
Gricd, a technology company that develops Internet of Things-powered solutions to support the last-mile delivery of perishable goods, has secured $1.5m seed funding.


The Futurelist launches to connect Africa's tech startups to global investors
Published: 16-05-2023 | 11:37:00 | By: Pie Kamau
African Leadership International (ALI), has obtained the rights to the 'Global Finder' platform for tech startups from Israel-based Start-Up Nation Central (SNC).


Nigerian payments startup Nomba raises $30m pre-Series B funding round
Published: 04-05-2023 | 13:05:00 | By: Pie Kamau
Nigerian payment service provider Nomba has raised a $30 million pre-Series B funding round to support the delivery of bespoke payment solutions for African businesses.


[Column] Oluwatobi Amusan: Financial inclusion in Africa with embedded trade finance
Published: 03-05-2023 | 10:03:00 | By: Pie Kamau
There can be no talk of financial inclusion in Africa without trade finance. Trade promotes economic growth, reduces poverty, fosters economic and cultural links between regions and countries, and facilitates capital movement.


Africa’s mezzanine debt fund manager Vantage Capital exits Dynamic Bedding
Published: 03-05-2023 | 09:12:00 | By: Pie Kamau
Vantage Capital, Africa’s mezzanine debt fund manager, announced it has fully exited its investment in Dynamic Bedding, a South African specialist bed manufacturer and retailer.


Fintech startup Pyypl rolls out social, micro-investment platform for African entrepreneurs and micro-SMEs
Published: 03-05-2023 | 08:52:00 | By: Pie Kamau
Fintech startup Pyypl has announced the commercial rollout of its social, micro-investment platform for self-employed entrepreneurs and micro-SMEs in Africa.


African blockchain startups raised $474m in 2022, report
Published: 02-05-2023 | 11:29:00 | By: Pie Kamau
The growth of the African crypto market has been remarkable in spite of the ongoing crunch the industry is experiencing globally.


Pan-African payments startup PayDay re-launches in Rwanda, partners with Starlink to enable internet access
Published: 02-05-2023 | 10:56:00 | By: Pie Kamau
Pan-African payments startup PayDay has re-launched in Rwanda and announced a partnership that will enable Startlink customers to purchase their subscription services through the platform.


Artificial intelligence: Africa takes up the subject
Published: 19-04-2023 | 13:55:00 | By: Pie Kamau
As AI systems like ChatGPT begin to disrupt our daily lives, the global race for innovation is accelerating. The biggest advances are taking place in the United States, China and Europe.


French-African Fund 2 completes final close at over €50 million
Published: 19-04-2023 | 13:45:00 | By: Pie Kamau
AfricInvest announced a final close of the French African Fund II (FFA II), the successor fund to the French African Fund (FFA), having raised over €50 million of subscriptions.


[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Published: 18-04-2023 | 16:31:00 | By: Pie Kamau
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups.


[Column] Alp Tilev: Why the transition to e-mobility in Africa must be expedited
Published: 18-04-2023 | 16:18:00 | By: Pie Kamau
Historically, Asia has been the birthplace of motorcycles. China, India, Indonesia, and Vietnam are the world's four largest motorcycle markets. The continent is home to roughly 58% of all motorcycles in the world.


[Column] Gur Geva: Biometric attacks on the rise: the trends financial institutions need to be aware of in 2023
Published: 04-04-2023 | 14:14:00 | By: Pie Kamau
In the past year there has been a 149% increase in threat actors using emulators to attack mobile platforms. There has also been a 295% increase in novel face swaps.


Nigerian fintech firm Zone adopts ThetaRay AI Solution to screen payments
Published: 04-04-2023 | 14:00:00 | By: Pie Kamau
Zone (formerly Appzone) and ThetaRay announced they will collaborate to implement ThetaRay’s cloud-based SONAR solution to monitor and screen Zone’s transactions in Nigeria for illicit activities and sanctions violations.


Nigerian fintech startup Moni unveils new community-powered digital loans for African SMEs
Published: 04-04-2023 | 13:49:00 | By: Pie Kamau
Nigerian fintech startup Moni has launched a new range of business loans targeting SMEs in Africa.


Forces shaping the retail landscape in 2023, ESW
Published: 28-03-2023 | 16:03:00 | By: Pie Kamau
Brands and merchants are constantly adapting to the ever-changing forces that shape the retail landscape


Applications for inaugural AWS FinTech Africa Accelerator now open
Published: 27-03-2023 | 12:47:00 | By: Pie Kamau
Amazon Web Services’ Startup Loft Accelerator announced the inaugural launch of its AWS FinTech Africa Accelerator.


African market intelligence startup Rwazi raises $4m funding to accelerate growth
Published: 27-03-2023 | 12:23:00 | By: Pie Kamau
African market intelligence startup Rwazi has raised a $4 million seed funding round led by Bonfire Ventures and saw participation from Newfund Capital and Alumni Ventures.


[Column] Thabiso Foto: Fintech is a path to democratised financial services
Published: 24-03-2023 | 12:45:00 | By: Pie Kamau
Fintech has played a significant role in democratizing access to financial services across Africa in the past decade.


[Column] Jon Tullett: Cloud economics for enterprises
Published: 23-03-2023 | 12:42:00 | By: Pie Kamau
When looking at cloud economics for enterprises, it is important to determine whether the cloud spend within the organisation is optimal today and will continue to be so tomorrow.


Dream VC opens applications for its 2023 talent accelerator program in Africa
Published: 23-03-2023 | 12:22:31 | By: Pie Kamau
Dream VC, a Remote Venture Capital Upskilling Institute, has opened applications for its 2023 Accelerator Program for VCs in Africa.


[Column] Mukesh Bector: The ingredients of tech innovation
Published: 20-03-2023 | 14:09:00 | By: Pie Kamau
Time only moves in one direction, and with it, we must keep evolving. Technology has become central to our development as a species and is likely to remain so.


[Column] Takalane Khashane: Building a digital, sustainable bank for the future
Published: 20-03-2023 | 14:00:00 | By: Pie Kamau
Banking, like many other sectors, has responded to rapid change and evolving customer needs by developing a digital strategy. 


[Column] Gur Geva: How biometrics can fuel inclusive growth in Nigeria’s ICT sector
Published: 20-03-2023 | 13:32:00 | By: Pie Kamau
Nigeria is at an inflection point where it needs to adopt enabling technologies at scale to support high growth in the telecommunications and digital sectors.


African fintech Flutterwave secures two additional licenses in Rwanda
Published: 15-03-2023 | 11:40:00 | By: Pie Kamau
Flutterwave, Africa's payments technology company, has announced that it has received its Electronic Money Issuer and Remittance Licenses from the National Bank of Rwanda.


African Media Agency, Africa Fintech Summit partner to promote fintech innovation in Africa
Published: 15-03-2023 | 11:28:00 | By: Pie Kamau
African Media Agency (AMA) and Africa Fintech Summit (AFTS), have announced a strategic partnership aimed at increasing awareness about the fintech industry's innovation in Africa and promoting the upcoming summit throughout the continent.


[Column] Imane Charioui: Addressing the gender gap in the technology sector
Published: 14-03-2023 | 10:37:00 | By: Pie Kamau
Today, innovations in the financial services sector are increasingly recognized for their acceleration of access to science, technology and innovation for all.


African startups compete for £4.1 million funding to tackle pollution
Published: 14-03-2023 | 09:00:00 | By: Bob Koigi
Kenyan and Nigerian startups have dominated the cohort of finalists for the Afri-Plastics Challenge that is seeking solutions to  plastic waste and reducing pollution that makes its way into the marine environment.


[Interview] Julie Davila, VP Global Field CTO Operations, Sophos
Published: 13-03-2023 | 12:44:00 | By: Pie Kamau
Cybersecurity has become one of the biggest global challenges facing businesses around the world. The industry is always shifting as new technological innovations emerge and modify firms’ security practices drawing in a more diverse group of professionals, including women.


Microsoft adds 13 new African languages on its translation service
Published: 13-03-2023 | 12:09:00 | By: Pie Kamau
Microsoft has added 13 new African languages to its Microsoft Azure Cognitive Services Translator, allowing text and documents to be translated to and from these languages across the entire Microsoft ecosystem of products and services.


Applications open for Google's 3rd cohort of Black Founders Fund 2023
Published: 13-03-2023 | 11:57:00 | By: Pie Kamau
Google has opened applications for this year’s Black Founders Fund for Startups in Africa and Europe. Startups from Africa applying for the fund must be headquartered in the continent or having a legal presence on the continent.


[Column] Luigi Marinus: Benefits of diversification during market volatility
Published: 13-03-2023 | 11:46:00 | By: Pie Kamau
Recently volatility has increased in markets as sensitivity to news flow, particularly with regard to global inflation, has increased.


EMURGO Africa and Kepple Africa ventures establish joint venture to further web3 strategic partnership
Published: 09-03-2023 | 12:35:00 | By: Pie Kamau
EMURGO Africa and Kepple Africa Ventures have announced the establishment of a business joint venture EMURGO Kepple Ventures to further accelerate its strategic partnership investing in African Web3 businesses.


[Column] Valerie Traore: Advocacy trends in Africa that are shaping the future
Published: 08-03-2023 | 12:25:00 | By: Pie Kamau
There is a strong reclaiming of the people’s voice in advocacy and creating change, and I am encouraged about the trends that are emerging.


How DeFi is disrupting traditional banking and financial services
Published: 08-03-2023 | 10:53:00 | By: Pie Kamau
The traditional banking and financial services industry has long been the cornerstone of the global economy. It has provided access to capital, enabled trade, and facilitated financial transactions for centuries.


[Column] Shabir Ahmed: Practical approach, clear business case needed for sustainability success
Published: 07-03-2023 | 13:22:00 | By: Pie Kamau
A growing wealth of evidence shows that sustainability has become a mainstream business and societal issue. Leading companies are embracing sustainability not only to reduce harmful practices but also to accelerate business transformation.


[Column] Darryl Pietersen: Improving innovation and technology for gender equality in Ghana
Published: 07-03-2023 | 13:10:00 | By: Pie Kamau
The digital revolution is fully underway, and the technology industry is reshaping our world. While it looks quite innovative and revolutionary from the outside, women remain a dramatically underrepresented group.


[Column] Marilyn Moodley: Conquering the biggest cloud adoption challenges with an effective strategy
Published: 06-03-2023 | 12:42:00 | By: Pie Kamau
As CIOs turn to the cloud to help streamline performance across key areas of operations, knowing exactly how to conquer the biggest cloud adoption challenges is more important than ever before.


[Column] David Meintjes: Unified communication and collaboration trends for 2023
Published: 03-03-2023 | 12:11:00 | By: Pie Kamau
As businesses continue evolving to meet changing customer behaviour, the uptake and investment in cloud unified communications platforms and tools will continue to soar.


[Column] Mark Wilson: The ERP and technology trends that will shape 2023
Published: 02-03-2023 | 10:31:00 | By: Pie Kamau
Following a year of disruption caused by Russia’s invasion of Ukraine, supply chain disruptions and record-breaking inflation, we look to the year ahead and what 2023 might have in store for manufacturers and distributors. 


Villgro Africa invests over $2m in African healthcare startups
Published: 02-03-2023 | 10:18:00 | By: Pie Kamau
Villgro Africa has invested over $1.36 million in 36 Kenyan healthcare startups over the last 7 years with plans to launch a Biotech Innovation Hub as part of its regional expansion. 


[Column] Pierre Havenga: The data center revolution in Africa - deploying technology for tomorrow
Published: 01-03-2023 | 16:54:37 | By: Pie Kamau
Africa is rapidly emerging as a major player in the global data center market, with a number of countries investing heavily in the development of data centers.


[Column] Kevin Halkerd: Why humans should lead your business cybersecurity strategy
Published: 01-03-2023 | 16:12:00 | By: Pie Kamau
Most successful cyber breaches have one thing in common: People. Your company can be protected from every tech angle, with the latest security updates and most advanced threat detection.


[Column] Cathy Smith: With change the only constant, leaders will need to be adaptive in 2023
Published: 28-02-2023 | 13:44:00 | By: Pie Kamau
The last few years have revealed the futility of making predictions about what lies ahead. In our uncertain times, the only guarantee is that the world will keep changing, with change coming at an ever-accelerating rate.


Renewable energy startup PAM Africa launches first ever net zero villages in Nigeria
Published: 28-02-2023 | 13:28:39 | By: Pie Kamau
PAM Africa, a Nigerian renewable energy startup has launched Net-Zero Villages (NZVs) consisting of a community that is designed with a whole system thinking approach to offset more greenhouse gases (GHG) than it produces.


[Column] Dumisani Moyo: Navigating the winds of change in a digital-first world
Published: 24-02-2023 | 15:37:00 | By: Pie Kamau
Business leaders are facing an increasingly disruptive business environment, driven by supply chain constraints, critical skills shortages, hyperinflation, slowing economic growth, and persistent energy challenges, to name a few.


[Column] Chester Wisniewski: Artificial Intelligence now a match for natural ignorance
Published: 24-02-2023 | 15:32:00 | By: Pie Kamau
End-user security training has traditionally been an important aspect of cybersecurity efforts, as it aims to educate and empower employees to identify and prevent potential threats. 


AfricaGoGreen Fund secures $47m to support tech-focused green projects in Africa
Published: 23-02-2023 | 13:30:00 | By: Pie Kamau
The AfricaGoGreen Fund (AGGF) has raised $47 million in combined investments from top financial organizations, including the IFC, AfDB, the Nordic Development Fund (NDF), and the Sustainable Energy Fund for Africa (SEFA).


Bolt announces plans to expand services in Africa with €500m investment
Published: 21-02-2023 | 10:27:00 | By: Pie Kamau
Bolt has announced plans to invest €500 million to enhance its operations across Africa over the next two years.


CcHUB launches $15m accelerator for edtech startups in Kenya and Nigeria
Published: 21-02-2023 | 10:16:00 | By: Pie Kamau
Co-Creation Hub (CcHUB), touted as Africa’s largest innovation and incubation hub, announced it is launching a $15 million accelerator program for targeting edtech startups.


SC Ventures partners with Yabx to expand access to financial services in Africa
Published: 20-02-2023 | 14:30:00 | By: Pie Kamau
SC Ventures announced it has entered into a Memorandum of Understanding (MoU) with Yabx , a company incubated by Comviva and part of the Mahindra Group, to address a deep need for responsible consumer finance in Africa.


Identity verification platform Smile Identity raises $20m funding for Pan-African expansion
Published: 16-02-2023 | 11:56:00 | By: Pie Kamau
Smile Identity, Africa's Know Your Customer (KYC) onboarding and identity verification platform, announced the successful completion of its Series B funding round, raising $20 million.


[Interview] Seyi J. Matanmi, Founder, Hosteet, Nigeria
Published: 13-02-2023 | 11:21:00 | By: Pie Kamau
Seyi J. Matanmi is a technology product developer and entrepreneur. Educated in software development, research and analytics, he currently leads the cloud services outfit, Hosteet, operating out of Lagos, Nigeria.


Nigerian fintech Flutterwave expands into North Africa with new Egypt payments licenses
Published: 10-02-2023 | 08:48:00 | By: Pie Kamau
Flutterwave, Africa's payments technology company, has announced that it has received its Payment Services Provider and Payments Facilitator licenses in Egypt.


Partech Africa II reaches first close at €245m, above target fund size
Published: 08-02-2023 | 11:02:00 | By: Pie Kamau
Partech, the global technology investment firm, announced the first closing of Partech Africa II at €245 million, already above the target fund size.


Seven African startups to receive $385k to develop solutions for the blue economy
Published: 08-02-2023 | 10:42:00 | By: Pie Kamau
Climate resilience venture launcher Triggering Exponential Climate Action (TECA), has announced the selection of seven African startups to each receive $55,000 in funding to advance their solutions for the blue economy across the continent.


12 African startups selected for Techstars Accelerator program in Lagos, Nigeria
Published: 02-02-2023 | 12:49:00 | By: Pie Kamau
ARM Labs Lagos Techstars Accelerator, a Lagos-based program to build early-stage African fintech and proptech startups has announced its inaugural class. The cohort is made up of ten Nigerian and two Kenyan startups, with 50% female CEOs. 


Google opens new accelerator program for women founders in Africa
Published: 02-02-2023 | 12:22:00 | By: Pie Kamau
Google has announced an accelerator program aimed at providing resources and opportunities for women founders in Africa.


Spotcovery, serving as a bridge between African Americans and Africans, launches optimization tool on site
Published: 01-02-2023 | 14:22:00 | By: Pie Kamau
Spotcovery, the innovative media platform that connects descendants of the African continent while promoting culture, creativity, entrepreneurship and economic growth, has launched the Slickstream optimization tool.


Adenia Partners announces $300m first close for fund V
Published: 31-01-2023 | 10:33:00 | By: Pie Kamau
Adenia Partners , a private markets investment firm committed to responsible investing and a sustainable Africa, has announced the first close of its fifth flagship fund, Adenia Capital (V) L.P. with $300 million commitments from investors.


Kenyan healthtech startup Zuri Health raises funding to expand across Africa
Published: 31-01-2023 | 10:25:00 | By: Pie Kamau
Kenyan healthtech startup Zuri Health announced it has raised an undisclosed amount of funding from Moroccan VC UM6P Ventures. The funds will be used to support Zuri’s growth and expansion across Africa.


Catalyst Fund invests $2m in 10 startups to improve resilience to climate change in Africa
Published: 27-01-2023 | 11:05:00 | By: Pie Kamau
Pre-seed venture capital (VC) fund and accelerator Catalyst Fund, announced a $2 million investment in 10 startups developing solutions to improve the resilience of communities most vulnerable to climate change in Africa.


Sustainable mobility startup eWAKA receives 500K CHF loan to accelerate growth
Published: 27-01-2023 | 10:54:00 | By: Pie Kamau
eWAKA, one of Africa’s most promising sustainable mobility startups, has received strategic support from the State Secretariat for Economic Affairs (SECO) Start-up Fund of the Swiss Confederation.


African tech ecosystem raised $6.5 billion in 2022, report
Published: 25-01-2023 | 12:40:00 | By: Pie Kamau
Partech Africa, the VC fund dedicated to technology startups in Africa, has issued its annual report on Africa Tech Venture Capital, which reveals that despite the global VC downturn, the African tech ecosystem grew faster than all other markets globally. 


11 African startups selected for Cohort 3 of ASIP Accelerator Program
Published: 24-01-2023 | 13:26:00 | By: Pie Kamau
Eleven African startups have been selected to join the third cohort of the Africa Startup Initiative Program (ASIP). The accelerator program is powered by Startupbootcamp AfriTech together with its founding partner and leading telecom giant, Telecel Group.


[Column] Mikhail Marchenko: Major fintech trends that will affect online businesses in 2023
Published: 20-01-2023 | 09:25:00 | By: Pie Kamau
Digitalization and technological achievements, which have been observed in the African region for the past decade, have sped up the inevitable processes in fintech, changing its landscape completely.


African mobile game publisher Carry1st raises $27m funding round to accelerate growth
Published: 20-01-2023 | 09:16:00 | By: Pie Kamau
African mobile game publisher Carry1st, has raised $27 million in a funding round led by BITKRAFT Ventures, featuring participation from Andreessen Horowitz (a16z), TTV Capital, Alumni Ventures, Lateral Capital, Kepple Ventures, and Konvoy.


African startups land deals at European tech events
Published: 20-01-2023 | 09:02:00 | By: Pie Kamau
Seven African tech companies wooed investors, networked and showcased their products at two of the world’s biggest tech gatherings in Europe.


Nigerian fintech firm TeamApt reaches annualized payments volume of $170 billion, rebrands to Moniepoint
Published: 16-01-2023 | 12:07:00 | By: Pie Kamau
TeamApt Incorporated, the business banking platform in Nigeria, has adopted the name of its flagship product - Moniepoint, a testament to its success as the all-in-one digital banking solution for businesses.


Nigerian agritech startup Releaf secures $3.3m pre-Series A funding, unveils new technologies to drive profitability for consumer goods manufacturers
Published: 09-01-2023 | 10:21:00 | By: Pie Kamau
Releaf, a Nigerian agritech startup, has raised $3.3 million in an oversubscribed pre-Series A funding round.


Plesion Capital invests $500,000 funding in Ugandan fintech platform Xeno
Published: 09-01-2023 | 10:03:00 | By: Pie Kamau
Plesion Capital announced its formation as a social impact venture capital firm focused on partnering with mission-based entrepreneurs and companies to combat poverty around the world.


The Carbon Blockchain expands footprint in Africa with acquisition of Minerva Green
Published: 04-01-2023 | 15:13:00 | By: Pie Kamau
The Carbon Blockchain (TCB), a carbon finance and technology services company that produces high-integrity carbon credits has announced the acquisition of Minerva Green.


Kenya to host sixth edition of continental agriculture expo
Published: 04-01-2023 | 09:30:00 | By: Bob Koigi
Kenya will host the 6th edition of Africa Agri Expo in February 2023 , endorsed by Ministry of Agriculture and Livestock Development aimed at bringing the entire agricultural value chain under one roof.


Fintech enabler Ukheshe secures Series A funding to accelerate international expansion
Published: 22-12-2022 | 10:10:00 | By: Pie Kamau
Ukheshe International, the UK-headquartered division of digital-first, Banking as a Service (BaaS) enabler Ukheshe, announced the conclusion of an investment agreement that will help accelerate its international expansion.


Visa announces grant to help African women fund managers grow their businesses
Published: 16-12-2022 | 13:00:00 | By: Pie Kamau
Visa has announced a grant towards the African Women Impact Fund (AWIF), a collaboration between Standard Bank and the United Nations Economic Commission for Africa (UNECA).


Senegalese startup Kwely launches made in Africa online store
Published: 16-12-2022 | 12:38:00 | By: Pie Kamau
Kwely, a Senegalese-based startup has launched a B2B e-marketplace to provide African producers and manufacturers with a global window to sell their products at scale.


VC fund Ventures Platform closes its pan-African and early-stage fund at $46m
Published: 16-12-2022 | 12:30:00 | By: Pie Kamau
Ventures Platform, a pan-African early-stage Venture Capital firm, announced the final close of its intercontinental fund, at $46 million. 


[Column] Thabiso Foto: Can Africa's startup sector keep up its record funding run amidst global turmoil?
Published: 14-12-2022 | 09:07:00 | By: Pie Kamau
Startups have become vital engines of change that can have an outsized impact on an economy. They are crucial in fueling innovation and enhancing economic and digital competitiveness.


African tech startup SeamlessHR picks Nairobi as its East African Hub
Published: 14-12-2022 | 08:46:00 | By: Pie Kamau
Nigeria’s tech startup SeamlessHR has launched its offices in the Kenyan market, choosing Nairobi as its East African Hub.


First investment of Mastercard Foundation Africa Growth Fund goes to Aruwa Capital Management
Published: 09-12-2022 | 13:05:00 | By: Pie Kamau
The first investment of the Mastercard Foundation Africa Growth Fund has gone to Aruwa Capital Management, a gender-lens $20 million fund dedicated to Nigeria's SMEs, managed by a first-time woman-led fund manager.


Identity verification startup Verified.Africa launches in Kenya
Published: 09-12-2022 | 12:59:00 | By: Pie Kamau
Verified.Africa, the pioneer of ID verification, document verification and digital KYC compliance solutions, announced it has launched in Kenya.


VENCO secures $670K pre-seed funding to deliver digital solutions for residential and commercial properties in Africa
Published: 05-12-2022 | 10:55:00 | By: Pie Kamau
VENCO, a technology company that provides solutions to enhance living experiences in residential and commercial communities in Africa, has secured $670K pre-seed funding round.


Canadian B2B automotive trading startup TRADE X opens new trading facilities in Kenya
Published: 02-12-2022 | 11:56:00 | By: Pie Kamau
TRADE X, a B2B cross-border automotive trading platform based in Ontario, Canada, announced it has opened a new Kenyan trading corridor, which includes both a shared bonded warehouse in Mombasa and an office in Nairobi.


Nigerian foodtech Orda raises $3.4m seed round to digitize African restaurants
Published: 01-12-2022 | 09:48:00 | By: Pie Kamau
Nigerian foodtech platform Orda announced has raised a $3.4 million seed round to further digitize food businesses across the continent.


AWARD selects 50 African women for fellowship on improving policy in the agri-food systems
Published: 30-11-2022 | 14:00:00 | By: Bob Koigi
Inspired by the flagship AWARD Fellowship Model, the Gender Responsive Agriculture Systems Policy (GRASP) Fellowship, aims to grow a pool of confident and capable African women to lead policy changes to improve African smallholders’ livelihoods.


[Interview] Jennifer Feaster, Speaker, YouTube Creators Festival
Published: 23-11-2022 | 10:07:00 | By: Bob Koigi
Jennifer Feaster is a Managing Partner at Age Africa, an agency that combines data and creativity to develop performance driven YouTube channels, with unique content optimized for success.


Canadian B2B automotive trading startup TRADE X opens a trade route in Ghana
Published: 22-11-2022 | 11:11:00 | By: Pie Kamau
TRADE X, a B2B cross-border automotive trading platform with its headquarters in Ontario, Canada, announced it has opened a new trade route in Ghana, strengthening the company's presence in Africa.


Kenyan agritech startup Stable Foods raises $600k funding to grow its climate smart smallholder platform
Published: 22-11-2022 | 10:33:00 | By: Pie Kamau
Stable Foods, a Kenyan agritech startup offering a host of solutions to small-scale farmers, has raised $600k funding round, to build out its climate smart smallholder food production platform.


Modus expands to Sub-Saharan Africa with launch of $75m Africa-focused fund
Published: 22-11-2022 | 10:11:00 | By: Pie Kamau
Modus, a Venture Platform operating in MENA comprising VC funds, Venture Builders, and a Corporate Innovation arm, has announced the launch of Modus Africa – a $75 million SDG-focused VC fund that will invest in Africa’s boldest startups.


IBM announces five members selected for its Sustainability Accelerator programme
Published: 22-11-2022 | 10:04:00 | By: Pie Kamau
IBM has announced five global non-profits as new members of the Sustainability Accelerator programme. The programme is a global pro bono social impact program which seeks to help marginalized communities.


GhanaWeb, Age Africa Agency sponsor YouTube Creators Festival in Ghana
Published: 17-11-2022 | 06:50:00 | By: Pie Kamau
Ghana’s leading online media platform, GhanaWeb, and Age Africa Agency, the foremost YouTube agency with a Multi-Channel Network (MCN) in Africa, are co-sponsoring the second edition of the YouTube Creators Festival.


Demand for seamless, convenient way of shopping increase growth of e-Commerce in Africa
Published: 16-11-2022 | 10:14:00 | By: Pie Kamau
The electronic commerce (e-Commerce) transaction of goods and services between business-to-consumer (B2C), business-to-business (B2B), consumer-to-consumer, and consumer-to-business, has become rampant in this digital age.


Digital solutions startup Bantoo joins the Smart Africa Alliance
Published: 11-11-2022 | 06:26:00 | By: Pie Kamau
The Smart Africa Alliance announced it has welcomed digital solutions platform Bantoo to the alliance, to advance technological developments in the continent.


Startup Wise Guys selects the second batch of participants for Africa-dedicated fund
Published: 10-11-2022 | 13:45:00 | By: Pie Kamau
Startup Wise Guys (SWG), Europe’s startup accelerator and one of its most active investment funds, has selected the second batch of participants for its €7.5 million fund for African startup investment. 


Climate tech VC firm Satgana announces first closing of its fund with €30m target size
Published: 10-11-2022 | 13:38:00 | By: Pie Kamau
Climate tech venture capital firm Satgana announced the first closing of a target €30 million VC fund to back the next generation of purpose-driven entrepreneurs building the Future of Earth.


Stellantis invests in Africar Group to create Auto24, African used vehicle startup
Published: 08-11-2022 | 14:35:00 | By: Pie Kamau
Africar Group and Stellantis have announced the launch of Auto24 activities in Abidjan, Ivory Coast.


Jobtech Alliance launches startup accelerator programs to improve livelihoods in Africa
Published: 07-11-2022 | 10:09:31 | By: Pie Kamau
The Jobtech Alliance, an ecosystem-building initiative around inclusive jobtech in Africa has launched two programs; the Catalyst Jobtech Accelerator and the Jobtech Innovation Lab.


Kenya, Nigeria and South Africa lead fintech growth in Africa, Mastercard
Published: 04-11-2022 | 10:16:00 | By: Pie Kamau
A report by payment services company Mastercard has revealed that South Africa, Nigeria and Kenya are among the most vibrant fintech markets in the continent.


Africa to take a common stand at COP 27
Published: 02-11-2022 | 10:15:00 | By: Bob Koigi
Aware of the lack of coordination between policymakers, scientists and negotiators to provide such evidence, the heads of states under the African Union decided in 2009 following COP15 that Africa should have one voice and negotiate as a block


Fintech emerging as Africa’s most vibrant sector, study
Published: 28-10-2022 | 13:42:00 | By: Pie Kamau
Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent, found a Mastercard study on the state of fintech in African markets.


Tanzanian fintech startup NALA enables Google Pay payments from the US and UK into Africa
Published: 28-10-2022 | 13:22:00 | By: Pie Kamau
NALA, a Tanzanian fintech startup facilitating remittances from the African diaspora in the UK and US, has integrated Google Pay into its suite of payment options for users.


South African digital identity startup iiDENTIFii raises $15m growth capital to fuel expansion across Africa
Published: 27-10-2022 | 12:33:00 | By: Pie Kamau
Cape Town-based digital identity startup iiDENTIFii announced it has raised $15 million in growth capital to fuel its expansion across Africa.


Nigerian social commerce startup Bumpa raises $4m seed funding to build the future of commerce for African sellers
Published: 25-10-2022 | 14:07:00 | By: Pie Kamau
Nigerian social commerce startup Bumpa announced it has raised $4 million seed round led by Base10 Partners, the largest black-led fund in the world, with participation from Plug & Play Ventures.


Flourish Ventures launches Africa-focused pre-seed investment platform, Madica
Published: 24-10-2022 | 14:24:00 | By: Pie Kamau
Flourish Ventures, a global venture capital firm investing in mission-driven fintech entrepreneurs, announced the launch of affiliate Madica, a structured investment program for pre-seed stage technology companies in Africa.


President Buhari signs Nigeria Startup Bill into law
Published: 21-10-2022 | 09:59:00 | By: Pie Kamau
Nigeria has become the latest country to pass a Startup Bill, giving a more formal approach to how the startup ecosystem is governed.


LHoFT announces15 fintech startups selected for CATAPULT: Inclusion Africa 2022 program
Published: 21-10-2022 | 09:26:00 | By: Pie Kamau
LHoFT has announced the 15 fintech startups that have been selected to participate in the fifth edition of the CATAPULT: Inclusion Africa program. 


36 African tech startups selected for MEST Africa Challenge 2022
Published: 14-10-2022 | 12:09:00 | By: Pie Kamau
MEST Africa has announced the 36 technology startups from 5 African countries that have been selected for the regional pitch competition stage of the 2022 MEST Africa Challenge. 


Nigerian data and intelligence startup Stears raises $3.3m to solve Africa’s data dearth
Published: 14-10-2022 | 12:00:00 | By: Pie Kamau
Nigerian data and intelligence company, Stears has raised $3.3 million to enhance its data collection and analytics capabilities, acquire talent and expand into East and Southern Africa.


Vendease secures $30m to transform procurement and business operations for restaurants across Africa
Published: 26-09-2022 | 14:13:00 | By: Pie Kamau
Vendease, a Y Combinator-backed digital platform that allows restaurants in Africa to buy supplies, access financial services and power their business operations, has raised $30 million funding round.


Nigerian fintech startup Kippa launches business registration platform to support SMEs
Published: 22-09-2022 | 10:50:00 | By: Pie Kamau
Nigerian fintech startup Kippa has launched Kippa Start, a business registration platform to enable Nigerian MSMEs scale through their businesses.


Decentralized renewables are pointing entrepreneurs to sustainable jobs, report
Published: 21-09-2022 | 14:15:00 | By: Bob Koigi
The industry’s most comprehensive emerging markets employment census shows increased demand for DRE solutions is creating hundreds of thousands of formal and informal jobs.


Nigerian blockchain payments startup Bitmama closes $2m pre-seed round to scale growth
Published: 20-09-2022 | 15:28:00 | By: Pie Kamau
Nigerian blockchain payments startup Bitmama announced a pre-seed extension of $1.65 million, adding to the $350,000 it received last October, thus closing the round at $2 million led by Unicorn Growth Capital and Launch Africa.


Unicorn Growth Capital, EchoVC join Celo Foundation to support Web3 projects across Africa
Published: 20-09-2022 | 15:23:00 | By: Pie Kamau
Unicorn Growth Capital and EchoVC have joined the Celo Foundation to support growth of Web3 projects across Africa through newly dedicated Celo ecosystem investment funds.


Ghanaian health tech startup mPharma acquires majority stake in Nigeria’s HealthPlus
Published: 19-09-2022 | 09:50:00 | By: Pie Kamau
Ghanaian health tech startup mPharma has acquired a majority stake in HealthPlus, a pioneer pharmacy chain in Nigeria.


African fintech startup Flutterwave launches eNaira payments for businesses in Nigeria
Published: 16-09-2022 | 11:06:57 | By: Pie Kamau
Flutterwave, Africa's payments technology company announced its merchants can now process payments in eNaira, the Nigerian digital currency issued and distributed by the Central Bank of Nigeria.


Kenyan insurtech startup Turaco secures $10m funding to drive insurance adoption
Published: 16-09-2022 | 09:58:00 | By: Pie Kamau
Turaco, the insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest, via the Cathay Africinvest Innovation Fund.


Nigerian fintech startup Kippa raises $8.4m seed round to accelerate growth
Published: 16-09-2022 | 09:27:00 | By: Pie Kamau
Nigerian fintech startup Kippa has raised $8.4 million in an oversubscribed seed round led by Goodwater Capital, TEN13 VC, Rocketship VC, Saison Capital, Crestone VC, VentureSouq, Horizon Partners, and Vibe Capital.


[Startup Interview] Tesh Mbaabu, CEO, MarketForce, Kenya
Published: 12-09-2022 | 16:47:00 | By: Pie Kamau
Tesh Mbaabu is a serial entrepreneur who lives to blend commerce and technology. He is the Co-founder and CEO of Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa today, MarketForce.


Africa's gender equal tech VC fund Janngo Capital reaches first close of its €60m fund
Published: 12-09-2022 | 16:38:00 | By: Pie Kamau
Janngo Capital Startup Fund (JCSF) has announced its first close at €34 million in capital commitments, to invest 50% of its proceeds in companies founded, co-founded, or benefiting women.


Google announces 60 African startups selected for its second Black Founders Fund
Published: 09-09-2022 | 11:39:00 | By: Pie Kamau
Google has announced 60 qualifiers for its Google for Startups Black Founders Fund (BFF) for African startups.


Nigerian fintech startup NowNow raises $13m seed round to expand across Africa
Published: 09-09-2022 | 11:31:00 | By: Pie Kamau
Nigerian fintech startup NowNow Digital Systems has raised  $13 million in its seed round for expansion across Africa.


African fintech startup Flutterwave secures switching and processing license from Central Bank of Nigeria
Published: 05-09-2022 | 14:11:00 | By: Pie Kamau
Flutterwave, Africa's payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN), widely regarded as CBN's most valuable payments processing license.


Nigerian mobility fintech Moove joins forces with Uber UK to bring electric vehicles to London
Published: 01-09-2022 | 14:42:44 | By: Pie Kamau
Nigerian fintech moblity startup Moove has announced its launch in London as part of its global expansion through a new partnership with Uber. 


Kenyan fintech startup Pezesha raises $11m to expand across Africa
Published: 01-09-2022 | 14:36:00 | By: Pie Kamau
Pezesha, a Kenyan fintech that has built a platform where small and medium enterprises can access funding, has raised $11 million in a pre-series A equity and debt funding.


FMO partners with SBC AfriTech to support next generation of early-stage African tech startups
Published: 30-08-2022 | 13:28:00 | By: Pie Kamau
FMO has partnered with a pan-African tech accelerator, Startupbootcamp (SBC) AfriTech, for the third installment of the Africa Startup Initiative Accelerator Program which is designed to scout skill and scale early-stage tech startups in Africa.


Nigerian fintech startup Grey raises $2m to simplify cross-border payments across Africa
Published: 29-08-2022 | 15:08:00 | By: Pie Kamau
Nigerian fintech startup Grey has raised $2 million in seed funding to simplify cross-border payments across Africa. The seed funding round included participation from Y Combinator, Soma Capital, Heirloom Fund and other high-profile investors.


UK-based Medi-science International partners with Kenyan healthtech startup Afya Rekod to enhance healthcare delivery
Published: 19-08-2022 | 11:49:00 | By: Pie Kamau
UK-based Medi-science International and Kenyan healthtech startup Afya Rekod have announced a strategic collaboration to transform healthcare delivery through improved access to personal health data.