BasiGO
Electric Vehicle Mobility

Electric Vehicle Startup BasiGo Bags $4.3m Seed Funding

BasiGo, a Kenyan Electric Vehicle startup, has raised $4.3 million in seed funding to provide clean-energy mass transit vehicles in

SOKNA
Funding Investment Venture Capital

Egypt’s SOKNA Bags $1m Funding

SOKNA, an Egyptian company that provides comprehensive funeral services, has raised a $1 million round of funding. The list of

Funding Health Investment Venture Capital

Kenya’s Afya Rekod Closes its Seed Round at $2m to Scale Across Africa

Afya Rekod, a Kenyan based company, has raised $2 million in Seed funding, led by Mac Venture Capital. Other participants include Next Chymia,

OLX
Ecommerce

Classified Ecommerce Platform OLX Closes Shop in South Africa

OLX, a classified ecommerce platform, has been shut down in South Africa. Visitors to the platform’s website were greeted with

MAX
CleanTech Electric Vehicle Mobility

The Rwanda Innovation Fund Invests in Nigeria’s MAX

The Rwanda Innovation Fund has announced its latest investment in Metro Africa Xpress Inc. (MAX), a vehicle subscription platform for

Nestcoin
Cryptocurrency Funding Venture Capital

Nestcoin Closes $6.45m in Pre-seed Funding to Accelerate Crypto and Web3 Adoption in Frontier Markets

Nestcoin, a company building, operating, and investing in web3 applications, has raised $6.45 million in pre-seed funding. This new investment

Norrsken22
Venture Capital

Backed by 30 Unicorn Founders, Norrsken22 Holds First Close of $200m Fund For African Startups

The Norrsken Foundation has launched Norrsken22 Africa Tech Growth Fund, which has held its first close at $110 million. The

Cryptocurrency
Cryptocurrency Fraud

Crypto Crime Drops Against Rising Global Illicit Financial Transactions

Reported fraud across the financial services industry in Africa has spiked however, Eva Crouwel, head of financial crime at Luno,

Talent City
Technology

Iyin Aboyeji’s Talent City To Develop Revolutionary Tech Community in Lagos

Talent City, co-founded by Iyinoluwa Aboyeji and Luqman Edu, has announced plans to develop a revolutionary tech community at Alaro

Funding Investment Startup Venture Capital

Tanzanian Cross-border Fintech, NALA Gets $10M Seed Funding

NALA, a Tanzanian cross-border payments company, has raised a $10 million seed round led by Amplo. It recently pivoted from