News
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38Purple Elephant Ventures Secures $4.5M Seed Round, Setting Record as Kenya’s Largest Tourism-Tech Fundraise
Purple Elephant Ventures (PEV), a Nairobi-based venture studio, has raised $4.5 million in seed financing, marking one of the largest tourism-tech rounds in African history. This...
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224SunCulture and Turaco Launch “SunCulture Protect” to Build Smallholder Farmers’ Resilience Against Climate Change with Affordable Insurance
SunCulture, a leader in solar-powered irrigation solutions, proudly announces a strategic partnership with Turaco Microinsurance Company (T/A Turaco), the leading mass-market insurance...
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230New Duplo report calls for inflation-adjusted compensation and improved training support to retain talent in Nigeria’s finance sector
A new report from Duplo, a leading provider of technology solutions to optimize financial operations for businesses in Africa, has highlighted the need...
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178Ventures Platform ClimateTech White Paper Calls For Climate-resilient Business Models in the African Tech Sector
Ventures Platform, an early-stage venture capital fund investing in innovative startups across Africa has published its landmark climatetech whitepaper entitled, “Innovating for a...
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361Africa Tech Summit Nairobi and Raenest Partner to Propel African Tech Ventures to Global Heights in 2025
Africa Tech Summit Nairobi is delighted to announce that Raenest, a pioneering Nigerian fintech, has returned as the headline sponsor for the second...
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339TLP Advisory Marks 10 Years with New Report on Nigeria’s Startup Ecosystem
TLP Advisory, the venture law firm headquartered in Lagos, with offices in London and New York marks ten years of operation with...
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498Africhange Secures IMTO Licence to Streamline Remittance to Nigeria
Africhange, a leading cross-border remittance service provider, announced today that its Nigerian subsidiary, Currenzo, has secured the International Money Transfer Operator [IMTO] licence...
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44986% of African Tech Founders Report Impact on Wellbeing – Yet 81% Enjoy the Journey
Flourish Ventures, an early-stage venture capital firm with purpose, today published the first-ever, wide-scale survey of founder wellbeing in Africa, shining light...
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759Coins by Bamboo Launches to Empower Nigerians in Diaspora with Affordable Remittances
Bamboo, the investment platform enabling Africans to invest globally through real-time access to global markets, has announced the launch of its remittance app,...
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637Kenya’s Keep It Cool Wins 2024 Earthshot Prize for Groundbreaking Sustainability Solution
Keep It Cool, a Kenyan enterprise dedicated to sustainable innovation, has been named one of the five winners of the esteemed 2024...
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907Call for entries to the inaugural Africa Tech Summit Awards
Recognising Excellence and Innovation Across the Continent’s Tech Ecosystem Africa Tech Summit is proud to announce the launch of the inaugural Africa...
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2.4KTalk360 secures $1.4 million pre-Series A
Talk360, the international calling app that connects with reliable and affordable calls to any landline or mobile phone, has successfully raised $1.4...
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2.4KPaymob raises $22 million in Series B extension
Paymob, MENA’s leading financial services enabler, announces a $22 million Series B extension round – taking the Company’s total Series B funding...
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2.6KProparco Invests in Rubyx to Support African Microfinance Institutions and Startups
Proparco has granted a €400k loan to Rubyx through the Bridge by Digital Africa facility. This will enable the African start-up to...
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2.2KKenya-based SUKHIBA Secures $1.5M Seed Extension to Scale WhatsApp-Based E-Commerce
SUKHIBA, an innovative conversational commerce and CRM platform, announced today it has completed a $1.55 million seed extension round led by EQ2...
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4.1KWasoko & MaxAB Complete Landmark Merger
African B2B e-commerce pioneers Wasoko and MaxAB have completed the continent’s largest-ever tech merger following the signing of preliminary terms in Q4 2023. Conducted as an...
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1.8KWorkpay raises $5M Series A investment to expand HR and payroll platform across Africa
Workpay, the cloud-based HR, payroll and benefits platform for organisations with employees across Africa, today announces that it has raised $5m in...
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1.9KFCMB and FMO Seek Agricultural Solutions in Nigeria with Agritech Hackathon
First City Monument Bank (FCMB) and the Dutch Entrepreneurial Development Bank (FMO) are joining forces to ignite innovation in Nigeria’s agricultural sector...
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1.5KNew Duplo report predicts changing global trade patterns will enhance cross-border B2B payments in Africa
A new report from Duplo, the leading provider of payment, spend, and vendor management solutions for African businesses, is predicting that changing global...
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1.5KSendsprint Acquires Nobel Financial to Drive US Expansion and Remittance Services to Africa
Sendsprint, an international payment and remittance startup, has acquired Nobel Financial Inc., a US-based global remittance service provider, to drive the expansion of...
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1.1KStables Teams Up with Yellow Card to Bring Stablecoins to Africa
Stables, the pioneering Australian stablecoin payment startup, is set to make waves in the African market through a strategic collaboration with Yellow...
