Africa
Fintech startup Grey expands into East Africa
Remittances company Grey, has announced its expansion into East Africa in partnership with payments firm Cellulant, as they move to address the difficulties of ...
Nigeria
Nigeria: FG approves tax reliefs, other incentives for Startups
The Federal Executive Council has approved a plan to incentivise and further harness Nigeria’s digital innovation and entrepreneurship ecosystem. This followed the presentation ...
Kenya
Kenyan retail-tech startup Bamba raises $3.2m seed round
Kenya’s Bamba, a mobile-first enterprise software for micro-merchants in Africa, has secured US$3.2m in seed funding to scale its app and build out ...
Egypt
Egypt: Egyptian startup Doxx raises $1.5M in seed round
The Egyptian start-Up Doxx raised $1.5 million in seed round, with expansions to close the cycle of patients’ needs, while continuing to be ...
Startup
Autochek acquires Morocco’s KIFAL Auto
Autochek, the automotive technology firm making car ownership more accessible and affordable across Africa, has announced the acquisition of KIFAL Auto, Morocco’s leading automotive ...
Kenya
Kenya: Kenya-based FlexPay Receives Undisclosed Amount of Funding From Cairo Angels
Kenyan fintech startup, FlexPay, has received an undisclosed amount of funding from early-stage startup investor, Cairo Angels Syndicate Fund (CASF). Online and offline ...
Startup
Uganda: Ugandan fintech startup Eversend plots growth in 2022 after reaching sustainability
Ugandan startup Eversend, a digital-only finance platform providing cross-border money transfers among other services, is entering its “growth and expansion phase” in 2022 ...
Startup
Topship Raises $2.5 Million, Plans African Expansion
Y Combinator-backed startup, Topship, has closed a $2.5 million seed funding round, with Flexport as lead investor. Topship makes the sending and receiving ...
Nigeria
Nigeria: Nigerian tech startups raise $678 million in funds between Jan-April 2022 – Report
Tech startups in Nigeria have raised a total of $678 million from investors in the last four months. This amount was raised in ...
Nigeria
Nigerian fintech startup Kwaba secures pre-seed funding round for African expansion
Nigerian fintech startup Kwaba, which helps low and middle income earners to split their annual rent into convenient monthly installments, has secured a ...