Latest News
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839Digital TransformationPersistent Energy raises $10 Million Equity Round to grow climate venture building in Africa
Persistent Energy Capital LLC, Africa’s Climate Venture Builder, announced that it has raised USD 10M in equity in its Series C round. ...
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746Digital TransformationMTN teams up with ETAP to reward Nigerians for good driving
MTN Nigeria, Africa’s leading technology company, has teamed up with ETAP, a mobility technology company that creates solutions and incentives to improve...
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983Digital TransformationIFC Invests in Mobile Money Firm Wave to Boost Access to Digital Financial Services in West Africa
To spur financial inclusion and support economic growth in Senegal and Côte d’Ivoire, global development institution, IFC has announced an investment in...
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878InnovationAutochek acquires CoinAfrique to accelerate expansion across Francophone Africa
Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has announced the acquisition of CoinAfrique, the leading...
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2.0KFundingKenyan Startup, Duhqa, Closes $2 Million Seed round
Founded in 2021 Duhqa is a B2B retail tech platform that empowers informal African merchants to digitally source and pay for inventory,...
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879InnovationMore “women in tech” doesn’t necessarily mean more female developers
Having more women in tech doesn’t necessarily mean more female engineers and developers, but rather getting more young women tech-ready, to see...
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1.1KFinTechNigerian Fintech, Moove, secures $20 million credit from British International Investment
British International Investment (BII), the UK government’s Development Finance Institution (DFI), formerly known as CDC Group, has announced a $20 million, 4-year...
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998E-CommerceNomanini launches StockNow, a digital retailer solution
Nomanini, a fast-growing fintech platform in Africa, has announced the launch of a new supply chain finance solution called StockNow that connects...
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1.1KE-CommercePocketApp (formerly Abeg App) Secures AIP for Mobile Money Operator License in Nigeria
The Central Bank of Nigeria has granted an Approval In Principle to Abeg Technologies Limited, a product of Piggytech Global Limited, as a Mobile Money...
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1.1KInnovationAfrican healthtech start-ups prompt launch of $7 million innovator support program
Healthcare consulting firm Salient Advisory has launched its latest market intelligence report highlighting promising African healthtech start-ups in supply chain. Spurred by...
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1.2KFundingKenyan Digital Insurance firm, mTek, raises $3million
Following a recent $1.50 million investment, Kenyan insurtech, mTek, has secured an additional investment commitment from African-focused fintech platform, Finclusion Group, to-date...
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1.1KInnovationCellulant Partners With 5 Water Utility Companies in Zambia
Pan-African Payments technology company, Cellulant, has announced a digital payment partnership with five leading Zambian water utility companies; Nkana Water, Kafubu Water,...
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1.1KCryptocurrency AfricaLUNO: WHO IS BUYING CRYPTO IN AFRICA?
The average African crypto buyer is most likely to be male, spends about $20 USD on the first purchase and holds onto...
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1.2KFundingJumba Raises $1Mil Pre-Seed Round to Build Construction Tech in Africa
Jumba, a construction tech startup whose vision is to rationalize the construction supply chain in Africa, has raised a $1 million pre-seed...
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919FinTechMFS AFRICA ANNOUNCES THE EXTENSION OF ITS SERIES C TO US$200 MILLION
MFS Africa, a digital payments network, has announced that it has secured an additional US$100 million in equity and debt funding led...
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1.4KFundingVirridy closes a $5.5 million Series A Funding led by Accord Capital
Virridy, dedicated to improving the management of environmental resources through technology, has announced a $5.5 million Series A funding to accelerate the...
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862Ed TechGOMYCODE raises $8 million Series A round
Tunisian ed-tech startup GOMYCODE recently closed an $8 million Series A round led by AfricInvest, through the Cathay AfricInvest Innovation Fund (CAIF),...
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672FundingWafR closes $1.075 million seed round
WafR, an application that allows retail brands to broadcast smart promotions to grocers to increase their market share on the traditional channel,...
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1.3KInnovationEndeavor Nigeria says Africa’s technology ecosystem is poised for exponential growth
A new report from Endeavor Nigeria, the leading community of high-impact entrepreneurs in Nigeria, has stated that Africa’s technology ecosystem is set...
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2.4KInnovationNorrsken Impact Accelerator selects 9 African Startups
Founded in 2016, Norrsken aims to help entrepreneurs solve the world’s greatest challenges. Its ecosystem consists of Norrsken House, a co-working space...
