Nigeria
Nigeria: Funding Challenges Hit Nigerian Startups as Investors Exercise Caution
The Nigerian startup ecosystem faced a rollercoaster of challenges and successes in 2023, with funding becoming a critical factor influencing their trajectory. Investors, ...
Nigeria
Nigeria: MAKA, Nigerian Social Commerce Platform, Secures $2.65 Million in Pre-Seed Funding
Nigerian social commerce startup, MAKA, specializing in creating an engaging and seamless fashion discovery and purchase experience, has successfully raised $2.65 million in ...
Kenya
Kenyan Startup tappi Raises $1.5 Million Pre-Seed Funding, Expands Digital Commerce Solution for SMEs
In a remarkable development, Kenyan startup tappi has secured $1.5 million in pre-seed funding, just six months after receiving $180K from SOSV’s Orbit ...
Global
Global: Klarytee Secures £700,000 Funding for Advanced Encryption Tools
London-based cybersecurity startup Klarytee has successfully raised £700,000 in pre-seed funding for its innovative encryption tools designed to safeguard sensitive data for businesses. ...
Nigeria
Nigeria: Fez Expands Last Mile Delivery Services with New UK Logistics Hub
Nigerian last-mile delivery startup, Fez Delivery, has recently launched its UK-Nigeria Shipping service, marking a significant milestone in the company’s expansion. This move ...
Global
Global: Lynx Secures $18 Million in Series A Funding for AI-Powered Fraud Prevention Technology
Madrid-based Lynx has successfully raised $18 million in Series A funding for its AI-driven fraud detection and prevention technology. The funding round was ...
Africa
pawaPass Partners with Mchezo to Facilitate $2 Million Share Distribution to betPawa Customers
Kigali, Rwanda. Thursday, 9th November, 2023. pawaPass, a regtech platform providing user verification and compliance solutions for African businesses, has forged a landmark partnership ...
Africa
Africa: Google Announces First Cohort of African Startups for AI First Accelerator Program
Google has revealed the inaugural cohort for its ‘Google for Startups Accelerator: AI First’ program, featuring 11 innovative startups chosen from a pool ...
South Africa
South Africa: Stitch Secures Additional $25 Million in Series A Funding, Bringing Total to $46 Million
Stitch, the South African API fintech startup, has successfully raised an additional $25 million in funding, expanding its Series A funding to a ...
Nigeria
Nigerian Government Aims to Boost Startup Fundraising to $5 Billion by 2027
The Nigerian federal government has unveiled an ambitious plan to significantly increase funding for tech startups in the country, targeting $5 billion in ...
