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 ...
South Africa
South Africa: 6DOT50, a fintech startup launches Digital Rands Money Vouchers
South African based fintech startup 6DOT50 has launched its Digital Rands Money Vouchers, an innovative solution that aims to transform crypto into a ...
Kenya
Three Kenyans aiming for a spot in the Top 10 Africa’s Business Heroes Prize
Three remarkeable Kenyan enterpreneurs have made it to the final Top 20 Africa’s Business Heroes (ABH) prize competition – a flagship philanthropic programme ...
Africa
Pan-African fintech startup, pawaPay, raises $9 million seed for expansion and talent recruitment
Africa-focused fintech company, pawaPay announced the raise of $9 million in seed financing to strengthen its mobile money payment solutions team, scale operations, ...
Nigeria
Fresh from funding and YC, Nigerian B2B marketplace Suplias aims to supercharge its growth
Nigerian startup Suplias, a B2B marketplace where mom and pop stores in Africa buy inventory from manufacturers using a mobile app, is targeting ...