Pastel
Fintech Funding Investment Startup Venture Capital

Nigeria’s Pastel Secures 5.5m Seed Funding Led by TLcom

Pastel, a Nigerian digital bookkeeping platform for traders, has raised a $5.5 million seed round led by pan-African venture capital

Acquisition Funding

Elloe Acquires Conversational Commerce Startup Flo by Saada 

Elloe, a U.S.-based conversational commerce startup, has acquired Flo by Saada nearly three months after raising more than $1 million

MEST Africa
Startup

APPLY: The MEST Africa Challenge

MEST Africa has officially announced the opening of applications for the 2022 MEST Africa Challenge. Pre-seed to seed stage technology

Oui Capital
Venture Capital

African VC Firm, Oui Capital Announces First Close of its $30M Second Fund

Oui Capital, an Africa-focused VC firm has completed the first closing of its $30 million second fund, Oui Capital Mentors

Ubenwa
Funding Startup Venture Capital

Ubenwa Receives $2.5m Backing to Help Parents Interprete Babies’ Cries

Ubenwa, a developer of diagnostic software for the rapid detection of medical anomalies in infant cry sounds, announced a $2.5

MTN
Partnership

MTN Partners With ETAP to Reward Nigerians For Good Driving

 MTN Nigeria has partnered with ETAP, a mobility technology company; to reward Nigerian drivers for maintaining good driving behaviour. Leveraging ETAP’s

Duplo
Business Payment Report

Report Reveals Preference for Ease of Use, Reliability and Speed as African Businesses Transition From Cash-based B2B Payments 

A new report that includes the surveyed opinions of more than 1,000 business owners from Kenya, Nigeria, South Africa and

Gokada
Partnership

Gokada, Octamile Launch Digital Insurance Products to Protect Riders, Merchants and Consumers

Gokada and Octamile announced their partnership to launch digital insurance covers across a range of insurance products from trusted underwriters

FirstCheck Africa
Venture Capital

FirstCheck Africa Adds $2M Commitment from TLcom to its $10M Debut Fund

TLcom Capital, an Africa-focused venture capital firm, has committed $2 million to FirstCheck Africa, and Oname Eloho, one of its

Kune Food
Marketplace Startup

Kenyan On-demand Food Marketplace, Kune Shuts Down

Kune Food, a Kenya on-demand food marketplace, has shut down after less than a year of operations. This was announced