Amethis
News

The Catalyst Fund Invests $1.8 Million in 9 African Climate

The Catalyst Fund has today announced an investment of $1.8 million in 9 early-stage climate tech startups across Africa. This

Flourish Ventures
Venture Capital

Flourish Ventures Launches African Founder Well-Being Survey

Flourish Ventures, an early-stage global fintech venture capital firm, has announced the launch of a research effort titled The African Founder

Apollo Agriculture
AgricTech Agro-tech Funding Investment Venture Capital

Apollo Agriculture Secures $10m Funding From Swedfund and ImpactConnect  to Fuel Rapid Expansion and Impact

Apollo Agriculture, an African agri-fintech startup, has announced a significant financial partnership with Swedfund and ImpactConnect. The combined $10 million

Twiga Foods
Leadership

Peter Njonjo of Twiga Foods Quits Board After Resigning as CEO

Twiga Foods, founder and CEO Peter Njonjo has quit the firm’s board a month after he resigned as its chief

Wasoko 
Merger

Wasoko, MaxAB Announces Merger to Drive Transformation of Africa’s Informal Retail Sector

Wasoko and MaxAB, have signed preliminary merger terms to join together as a combined entity to drive the transformation of Africa’s informal

MEST Africa
Startup

Top 5 Startups Selected For $50K Equity Prize in 2023 MEST Africa Challenge

The MEST Africa Challenge (MAC), an African pitch competition for early-stage technology startups, has announced the top 5 Regional Winners

Jumia
Ecommerce

Jumia Shuts Down Jumia Food

Jumia, the African ecommerce platform, will shut down Jumia Food, its digital food delivery arm, at the end of December

Copia Global
Funding Investment Venture Capital

Copia Global Secures $20m Series C Funding

Copia Global, the Kenyan e-commerce and fintech firm, has announced that it has raised a $20 million Series C extension

tappi
Funding Investment SMEs Venture Capital

tappi Raises $1.5m to Digitize and Build Online Trust  for Africa’s SMEs 

tappi, an end-to-end digital commerce SaaS solution for SMEs, has raised $1.5M in an oversubscribed Pre-Seed round led by Mercy Corps

Amini
Climate Change Funding Investment

Amini closes $4m Seed Funding Round Led by Salesforce Ventures and Female Founders Fund

Amini, a Kenyan climate tech startup focused on solving Africa’s environmental data gap through artificial intelligence and satellite technology, has