Global
AWS launches new accelerator for start-ups in the EMEA region
The AWS Startup Loft Accelerator will expand to include start-ups from more countries in the EMEA region in 2022. Amazon Web Services (AWS) ...
Nigeria
Payhippo raises $3 million in seed funding to extend quick loans to SMEs
Nigeria’s lending startup Payhippo has raised $3 million in a seed round, funding the company plans to use in sourcing the talent needed to optimize ...
Kenya
Kenya electric mobility startup Opibus to scale offering with $7.5m raise
Opibus designs and manufactures electric vehicles locally, and has customers across 6 African countries Leading Swedish-Kenyan electric vehicle company Opibus has closed a $7.5 million ...
South Africa
SA: Ocean-minded African startups to pitch at the Ocean Innovation Africa 2021
African startups will have an opportunity to pitch their ocean-minded businesses to an international audience of corporate leaders and investors. From 5 – ...
Nigeria
E-Settlement acquires QuickCash for undisclosed amount
The deal will extend E-SL’s payment service offering, enabling the company attain its goal to expand its footprint across Africa Nigeria-based fintech group, ...
Africa
Chipper Cash doubles its valuation with extension round
Chipper Cash raises $150 million in a Series C extension round led by Sam Bankman-Fried’s cryptocurrency exchange platform FTX. Chipper Cash, an African ...
Nigeria
YC-backed Nigerian fintech Lemonade Finance raises $725k pre-seed funding round
The Y Combinator-backed Nigerian fintech startup Lemonade Finance has raised a US$725,000 pre-seed funding round to help it scale. A participant in Y Combinator’s ...
Kenya
Kenyan-based payroll startup, Workpay, expands to Nigeria
Workpay, a Nairobi-based YC graduate, is expanding its operations to Nigeria. The cloud-based workforce management startup will now offer Core HR, Payroll, and ...
Egypt
Egypt: ShipBlu bags $2.4M for its e-commerce and fulfilment service in Egypt
African e-commerce fulfilment startups backed by Y Combinator seem to be piquing investors’ interest this year for their niche e-commerce play. Summer batch ...
Egypt
Egypt B2B e-commerce startup Kuzlo closes pre-Seed round led by Nama Ventures
This B2B marketplace startup connects FMCG small retailers with wholesalers available in their area Kuzlo, a B2B marketplace based in Alexandria has raised ...