Africa
African energy startups to benefit from SIMA’s $68,000,000 Energy Access Relief Fund
With a focus on ensuring adequate decentralisation of clean energy globally, Social Investment Managers and Advisors’ (SIMA) has made its $68,000,000 Energy Access ...
Africa
Kyiara launches trade platform for African SMEs
Kyiara Technologies has achieved a soft-launch of its trade receivables platform – KYIARA on 26 August 2021, in a bid to provide access ...
South Africa
SA: Zip acquires SA startup, Payflex; fuels its global expansion drive
Australian Stock Exchange (ASX)-listed Buy Now, Pay Later fintech, Zip, has acquired South African fintech startup, Payflex, with plans to expand across Africa. ...
Egypt
Egypt: Diggipacks invests in Egyptian delivery startup FwRun
DIGGIPACKS, a last-mile Saudi delivery and logistics service provider just acquired Egypt-based storage fulfillment provider FWRUN. The company also looks to expand its presence ...
Africa
Pan-African VC firm, LoftyInc Capital launches third fund at $10 million for tech startups in Africa
LoftyInc Capital, an early-stage African-focused technology fund, announced that it is launching its third fund — LoftyInc Afropreneurs Fund 3 — at $10 ...
Africa
Nigeria tops as Y Combinator S21 receives the highest number of African startups so far
It’s an interesting fact to reiterate that the number of African startups participating in Y Combinator’s 2021 summer batch has increased beyond the usual. Compared ...
Startup
Uganda: E-logistics startup Ridelink secures $150,000 in pre-seed funding
Ridelink, a Uganda e-logistics startup has raised $150,000 in pre-seed funding in a round jointly led by Ortus Africa Capital (an investment advisory firm), the Omidyar ...
Global
Y Combinator backs fintech startup Karbon Card
Fintech startup Karbon Card has raised an undisclosed amount in its growth capital led by Y-Combinator. The company has raised $3.5 million so ...
Nigeria
Nigerian B2B marketplace Sabi raises round of seed funding as it hits 150k merchant mark
Nigerian startup Sabi, a B2B marketplace serving Africa’s informal sector, has secured a seed funding round as it announces the milestone of over ...
Morroco
Morocco e-commerce startup Chari.ma acquires fintech Karny.ma
Moroccan e-commerce startup Chari.ma has acquired fintech Karny.ma so as to enable mobile money payments to customers. The deal runs close on the heels of  Chari.ma’s latest ...