Perspectives on early stage venture capital in Africa August 11, 2021 Despite COVID, the deals are marching on! In 2020, tech startups in Africa raised over $1.5 billion in 400+ funding […] Read more
Omnibiz gets $3M to digitize Nigeria’s informal B2B supply chain August 10, 2021 Despite the prevalence of shopping malls and the emergence of VC-backed e-commerce companies like Jumia, informal retail in Africa is […] Read more
Chekkit Closes $500k Pre-seed Round August 10, 2021 Chekkit Closes $500k Pre-seed Round To Save More Lives and Secure The Pharmaceutical & FMCG Industries We are excited to […] Read more
Nigerian digital freight provider MVX lands $1.3M August 5, 2021 In Africa, chartering vessels and processing ocean freight can be challenging. The sector is largely inefficient and fragmented. Merchants also struggle to […] Read more
Kuda, the African challenger bank, raises $55M at a $500M valuation August 2, 2021 Kuda Bank, the London-based, Nigerian-operating startup that is taking on incumbents in the country with a mobile-first, personalised and often […] Read more
Ivorian fintech Julaya raises $2M to digitize business payments in Francophone Africa July 28, 2021 There are over 1 billion mobile money accounts globally. Africa leads the way in transaction value and volume thanks to M-Pesa, largely used in […] Read more
Can a motorcycle-hailing company create an African super app? July 21, 2021 (CNN Business)Super apps have taken off in Asia, with users able to book flights, reserve hotels, play games and more […] Read more
RxAll grabs $3.15M to scale its drug checking and counterfeiting tech across Africa July 20, 2021 Research says that counterfeit medication is the cause of 1 million deaths per year. One-tenth of this number comes from […] Read more
Kenya’s MarketForce raises $2M July 8, 2021 A 2016 study by global consultancy PwC states that an estimated 90% of sales in Africa’s major economies come through informal channels […] Read more
Kenyan foodtech startup Kune raises $1M pre-seed June 17, 2021 While there has been a wave of innovation in food tech worldwide, it’s still in early days for Africa. There are […] Read more