Swvl
Acquisition

Swvl Acquires Zeelo to Expand its Footprint to USA, UK & South Africa

Swvl, a provider of transformative tech-enabled mass transit solutions, has announced a definitive agreement to acquire Zeelo, the UK’s largest smart

SWVL ACQUIRES TURKISH B2B MOBILITY STARTUP VOLT LINES
Acquisition Mobility Transport

Swvl Expands into the Turkish Mobility Market with the Acquisition of Volt Lines

Egyptian mobility startup SWVL has acquired Turkey-based B2B mobility startup Volt Lines. The deal values the startup at over $40 million. As

Churpy
Fintech

Kenyan Fintech Startup Churpy Gets $1m Backing From Global Investors

Churpy, a Kenyan fintech startup, has secured a $1 million seed round led by Unicorn Growth Capital. Also participating were

Ecommerce Funding Investment Startup

Sokowatch Secures $125M Series B Round, Rebrands to Wasoko

Sokowatch, the African e-commerce company leveraging innovative technology to transform the informal retail supply chain, has closed a $125 million

Startup Wise Guys
Accelerator Funding

Startup Wise Guys Makes First Closing on Africa-dedicated Fund, Announces Picks for First Batch of New African Accelerator

Startup Wise Guys, Europe’s most experienced startup accelerator and one of its most active investment funds, has completed the first

Funding Investment

Kenya’s Cartnshop Closes $400k Investment

Cartnshop, a Kenyan company that helps African small businesses build up internet storefronts quickly and inexpensively, has raised a $400,000

Acquisition Insurtech

Lami Acquires Kenya’s Bluewave Insurance Agency to Expand Access to Insurance Across Africa

Lami, Kenya’s insurance technology company, has acquired Bluewave Insurance Agency, a Kenyan-based insurtech startup that leverages mobile technology to reach

Amitruck
Logistics

Kenyan Logistics Startup, Amitruck Raises $4m For East African Expansion

Amitruck, a Kenyan logistics startup, has raised $4 million in seed funding. The round was led by Better Tomorrow Ventures

Bamboo
Funding Investment Venture Capital

Nigerian Investment Startup, Bamboo Closes $15m Series A

Bamboo, a Nigerian stock investment marketplace, has closed a $15 million Series A round led by Tiger Global and Greycroft.

PAPS
Logistics

PAPS, a Senegalese Logistics Startup Secures $4.5m pre-Series A Round

PAPS, a Senegalese logistics startup, has raised a $4.5 million pre-Series A round to expand its tech-enabled logistics solution across