Startup
Opibus Rebrands as Roam. Introduces African-made Electric Bus
Opibus, a Kenyan electric mobility startup focused on enhancing transportation across Africa, has rebranded, changing its name to Roam. Founded in 2017 out ...
Nigeria
Nigeria: Nigerian on-demand delivery startup ShapShap secures seed extension
Nigerian on-demand delivery startup ShapShap has secured a seed extension investment from V8 Capital Partners as it bids to expand its capabilities and ...
Startup
Bolt to Purchase Crypto Startup Wyre for $1.5B
Payments FinTech Bolt Financial is buying crypto startup Wyre Payments in a deal worth reportedly worth around $1.5 billion. “By joining forces, Bolt and Wyre will build ...
Africa
African startup ImaliPay raises USD 3 mln in seed funding
Pan-African fintech startup with a focus on gig economy ImaliPay has announced it received USD 3 million in a seed funding round, with the participation ...
South Africa
South Africa: South African Startup, SmartWage, raises $2 million in seed funding round
SmartWage, a South African innovative HR and communications technology startup, announced that it has raised $2 million in an oversubscribed seed funding round. ...
Nigeria
Nigeria: Nigerian lending app Sycamore closes seed round to expand operations
Nigerian peer-to-peer (P2P) lending startup Sycamore has closed an undisclosed seed funding round as it looks to expand its operations. Founded in 2019 ...
Egypt
Egypt: Egyptian fintech startup PayMint secures 7-figure seed round
Egyptian fintech startup PayMint has secured a seven-figure US dollar seed investment to support its expansion plans in its home market. Launched in ...
Nigeria
Nigeria: Nigerian ed-tech startup Klas raises $130k angel funding round
Nigerian ed-tech startup Klas, which allows anyone to set up an online school and deliver live classes, has raised a US$130,000 angel funding ...
Egypt
Egypt: Egyptian e-grocery marketplace ON Market raises $215k pre-seed funding
Egyptian e-grocery marketplace ON Market has raised US$215,000 in pre-seed funding to further expand its operations in Cairo, Alexandria, Tanta, Mansoura, and multiple ...
Kenya
Kenya: Kenyan social commerce startup Tushop raises $3m to scale community group-buying
Kenyan social commerce startup Tushop, which enables communities in Nairobi to buy groceries more cheaply with free delivery, has secured US$3 million in ...