Financial technology (Fintechs) is still the leader in Africa’s startup ecosystem in terms of funding and exit activities, a report by Disrupt Africa has established.… Read More »Fintechs Maintain Status as Africa’s Leading Investment Priority
Moove, a Nigerian mobility startup that provides finance for prominent e-taxi drivers in Africa, has secured $76 million in equity and debt to hit the… Read More »African Mobility Startup Moove Secures $76M to Reach $550M Valuation
On Wednesday, August 8 2023, Spotify announced that it was rolling out AI DJ, in Beta, to Premium users in Kenya. DJ is a personalized… Read More »Spotify AI DJ Launches in Kenya
Harvard Innovation Labs and Amazon Web Services (AWS) have picked 25 startups for the first-ever NextGen Accelerator program, 11 of which are from Africa. The… Read More »Harvard and AWS Pick 11 African Student-Led Startups for NextGen Accelerator Program
“We are thrilled to assist the over 160 million African diaspora members in their quest for a seamless and secure connection with home through speedy money transfers via the Send App,” Agboola stated.
Remedial Health, a Nigerian eHealth startup, on Tuesday, August 1, announced the closure of its Series A funding round comprising $8 million in equity and… Read More »Nigeria’s Remedial Health Secures $12M Funding to Boost Scale up Plans
Sasakazi, a UK-funded programme, helps to tackle barriers to decent employment among youth in Kenya including lack of skills and low labour demand. With unemployment… Read More »How UK-Funded Sasakazi Programme Offers Job Creation to Tech Talents in Kenya
The 7th Annual Africa Tech Summit, kicked off on Wednesday, June 22 in London with 12 African startups set to showcase at the event. The… Read More »Africa Tech Summit Kicks off in London as 12 Startups Showcase
Seedstars Capital and Swiss-based philanthropy Fondation Botnar have launched a fund named Seedstars Youth Wellbeing Ventures targeting people below the age of 30 years in… Read More »Seedstars, Fondation Botnar Announce $20M Fund Targeting African Startups
Funding for Africa’s start-ups in May hit $645 million, a report by The Big Deal– a startup-oriented database has established. According to the report, the… Read More »Start-ups Funding in Africa Bounces Back in May After Two Slow Months