Btrust, the non-profit organisation co-founded by Block CEO Jack Dorsey and rapper Jay-Z to support Bitcoin development in Africa and India, recently completed the acquisition… Read More »Btrust Acquires African Bitcoin Talent Organization Qala
Kotani Pay, a crypto payments startup headquartered in Nairobi, has successfully concluded a pre-seed funding round, securing an impressive $2 million. This funding round was… Read More »Kotani Pay Secures $2M for African Blockchain Remittance Solutions
Heifer International has appealed to key stakeholders within Africa’s agriculture sector to intensify their support for youth-led innovations, the adoption of technology, and the formation… Read More »Heifer International Banks on Innovation to Boost Africa’s Food Systems
Kentegra, a Kenyan-US biotech firm has secured $15 million funding in equity from Finnish financier, Finnfund in collaboration with USA’s International Development Finance Corporation (CDC).… Read More »Kenya’s Biotech Kentegra Raises $15M Equity Fund to Boost Pyrethrum Production
Google for Startups has announced a new accelerator program focused on artificial intelligence (AI) startups in Africa. The startup program, “Google for Startups: AI First”… Read More »Google for Startups Announces New AI-Focused Accelerator Program for African Firm
SeekMake, a Tunisia-based contech has raised $530,000 in the form of dividends from Lafayette Group which is a renowned equity firm in Europe. With the… Read More »Tunisian Contech Startup SeekMake Raises $530K for Global Expansion
Kenyan startups received $520 million in funding in the first half of 2023 to overtake Nigeria as the country with the highest startup funding in… Read More »Kenya Beats Nigeria in Value of Startup Funding in H1 2023
The 2023 Ecobank Fintech Challenge witnessed over 1,400 fintech startups from 64 countries in Africa and beyond going for top honours. This edition represents the… Read More »Ecobank Fintech Challenge Picks 8 Startups Out of 1,400 Applicants
LemFi, a Canada-based fintech that allows Africans in the diaspora to send money back home and vice versa, has raised $33 million in a Series… Read More »LemFi Raises $33 M Series A Funding, Eyes Global Expansion
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