Latest News
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629Digital TransformationOnePort 365 secures $5 million Seed Funding to Digitize Freight Management in Africa
Nigerian digital freight forwarding company, OnePort 365, has raised $5 million in seed funding to drive the end-to-end digitization of freight management in...
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557Central African Republic
Central African Republic adopts Bitcoin as official currency
Though there has been significant push back and a varied approach to regulating cryptocurrencies and blockchain technology in many countries within Africa,...
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590Innovation
ETAP secures $1.5 million pre-seed to drive car insurance adoption in Africa
Nigerian insurtech startup, ETAP has secured $1.5 million in pre-seed funding to grow its team and drive the adoption of car insurance...
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902Digital Transformation
Silicon Valley setting sails for Kenya – Google is now hiring
Alphabet Inc’s Google has announced the first ever Africa Product Development Centre in Nairobi, positioning itself to effectively serve a growing base of...
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703Digital Transformation
Forest Interactive Partners with Orange to Power the Digital Voucher Economy
Forest Interactive, have announced a partnership with Orange, a leading telecommunication operator, with the aim of accelerating the digital economy forward to...
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640Innovation
Umba raises $15M in a Series A led by Costanoa Ventures and Lux Capital
Umba, a digital bank with a mission to bring a wide range of transparent and accessible financial products across Africa has raised...
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798Egypt
Egyptian infrastructure management platform Pylon raises $19 million seed round
Egypt-based infrastructure management platform Pylon, has raised $19 million in a Seed funding round comprising equity and debt, led by Endure Capital,...
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675Innovation
DiDi halts operations in South Africa
Exactly one year after setting up in South Africa, DiDi, a Chinese multinational ride-hailing company, has announced its departure. The company launched...
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597FinTech
ImaliPay raises $3M to offer financial services to underserved gig workers across Africa
ImaliPay, a Pan-African fintech start-up with a focus on empowering the gig economy through its one-stop-shop financial services platform has closed a...
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1.4KInnovation
Tushop Raises $3M to Scale Community Group-Buying in Kenya
Tushop, the Kenyan social-commerce platform that enables communities in Nairobi to buy groceries more cheaply with free delivery, has secured $3M in...
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878Egypt
Eksab Secures $3M Seed Round, Led by 4DX Ventures
Egypt’s number one integrated football gaming and content platform will scale across MENA and SSA Egyptian daily fantasy football platform, Eksab has...
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725Innovation
ThriveAgric raises $56.4m debt funding and accelerates pan-Africa expansion plans
ThriveAgric, a fast-growing technology-driven agricultural company, has raised $56.4M in debt funding from local commercial banks and institutional investors. The raise also...
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808Innovation
Luno Launches New Global VC Arm, Luno Expeditions
Luno, a wholly-owned subsidiary of Digital Currency Group (“DCG”), announces the launch of Luno Expeditions, a global, early-stage investment arm to support...
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828crypto
Crypto exchange FTX partners with AZA Finance to expand Web3 in Africa
FTX, a global digital currency exchange, today announced it is partnering with AZA Finance to expand the adoption of digital currencies and...
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835Funding
Sokowatch secures $125M Series B Round, launches in West Africa, and rebrands to Wasoko
Sokowatch, the African e-commerce company leveraging innovative technology to transform the informal retail supply chain, has today announced the close of a...
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793Innovation
YC-backed Curacel unveils Grow, enabling any technology company to seamlessly offer insurance
Curacel, the leading African insurance infrastructure startup, has launched Curacel Grow, an embedded insurance product that empowers technology companies to seamlessly offer...
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756FinTech
Moove raises $105m in Series A2 round to scale
Moove, the world’s first mobility fintech, which provides revenue-based financing to mobility entrepreneurs across Africa, has raised $105 million in an oversubscribed...
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1.4KInnovation
Microsoft announces new initiatives to support 10,000 African start-ups over next five years
Under the remit of its recently established Africa Transformation Office (ATO), Microsoft has announced new initiatives to accelerate the growth of 10,000...
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1.2KDigital Transformation
VerifyMe Unveils Nigeria’s 1st Digital ID and KYC Industry Report
A shift towards digital identities could add an estimated 7% in real GDP to the Nigerian economy by 2030. This was one...
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1.3KEast Africa
M-KOPA Secures $75M Growth Equity Round
M-KOPA, the fintech platform that provides connected financing and digital financial services to underbanked consumers across four markets in Africa, today announced...
