Nigeria
Nigerian Startup Regfyl Secures $1.1 Million to Simplify Business Compliance
Regfyl, a Nigerian startup that specializes in streamlining compliance processes for businesses, has raised $1.1 million in pre-seed funding. The funding round was ...
Startup
Global: Tekedia Capital Acquires Edtech Startup Quizac Shortly After Announced Shutdown
In an unexpected development, Quizac, an edtech startup that had recently announced its impending shutdown, has been acquired by the investment syndicate Tekedia ...
Egypt
Egypt Dominates MENA Startup Funding in July 2024
In July 2024, Egypt emerged as the frontrunner in startup funding within the MENA region, securing the largest investment inflows. The country’s vibrant ...
Nigeria
Nigerian Fintech Carbon Ends Debit Card Services Amid Strategic Shift
Carbon, a leading Nigerian fintech company, has announced the discontinuation of its debit card operations in Nigeria, marking a significant shift in its ...
Nigeria
Nigeria: NITDA Launches Startup Labelling Committee to Propel Nigerian Startups
The National Information Technology Development Agency (NITDA) has made a strategic move to advance the Nigeria Startup Act (NSA) by inaugurating the Startup ...
Nigeria
Nigerian Logistics Startup Renda Raises $1.9 Million in Pre-Seed Funding Round
Renda, a Nigerian logistics startup, has secured $1.9 million in a pre-seed funding round aimed at expanding its end-to-end fulfilment solutions throughout Africa. ...
Africa
Africa: Google Invites Applications for Startups AI Accelerator Africa
Google has initiated the application process for the 8th cohort of its esteemed Google for Startups Accelerator Africa program, with a notable emphasis ...
Africa
Africa: TLcom Capital Raises $154 Million to Bolster Investments in African Startups
TLcom Capital, a prominent early-stage African Venture Capital firm, has secured $154 million from investors to fuel its expansion into Egypt and amplify ...
Kenya
Kenyan Startup Triply Selected by Y Combinator, Secures $500K Investment
Triply, a Kenyan traveltech startup, has recently been chosen as the latest African participant in the renowned Y Combinator startup accelerator program. This ...
Nigeria
Nigerian Startups Spearhead Investment Surge in Africa During Q1 2024
According to a recent analysis by Africa: The Big Deal, Nigerian startups have taken the lead in securing investments across Africa, amassing $160 ...