MEST Africa
Startup

Senegal’s Kwely Emerges As Winner of the 2022 MEST Africa Challenge

MEST Africa has announced Senegalese tech startup Kwely as the winner of the 2022 edition of the MEST Africa Challenge (MAC); a pan-African tech

Ukheshe
Fintech Funding Investment Payment Venture Capital

Ukheshe International Attracts Investment From DPI and Fireball Capital to Fuel International Expansion

Ukheshe International, the UK-headquartered division of leading digital-first, Banking as a Service (“BAAS”) enabler Ukheshe Group, today announced the conclusion

Kapu
Business Funding Startup Venture Capital

Kapu, a Kenyan Social Commerce Startup Secures $8m Funding

Kapu, a social commerce startup, has raised $8 million in seed funding to help reduce the burden of buying food

SIDEUP
Ecommerce Funding Investment

Egypt’s SIDEUP Closes $1.2m Seed to Scale its eCommerce Services

SIDEUP, the Egyptian startup for e-commerce services, has raised a $1.2 million seed round. Global and regional investors in early-stage

Aruwa Capital
Venture Capital

Aruwa Capital Management Achieves Final Close on Fund I

Aruwa Capital Management, a Lagos-based female-founded and led early-stage growth equity and gender lens investment fund, has announced the successful

SafeBoda
Startup

Ugandan Bike-hailing Startup, SafeBoda Quits Nigeria

SafeBoda, the Ugandan bike-hailing startup, has shut down operations in Nigeria to focus on “bringing the company to profitability by

Badili
Funding Venture Capital

Kenyan Smartphone ReCommerce Platform, Badili Secures $2.1m Pre-seed Funding

Badili, a Kenyan smartphone re-commerce startup, has raised $2.1 million in pre-seed funding to scale its operations within Africa. The

Zone
Startup

Appzone Rebrands to Zone, a Blockchain Payment Infrastructure Company

Appzone, an African Fintech Software Provider, has rebranded to “Zone”, a regulated blockchain Payment Infrastructure company. Zone will now enable

Amethis
Funding Investment Startup Venture Capital

4Di Capital Announces Second Close of New $25m Seed Fund

4Di Capital, the South African early-stage venture capital firm, has announced the second closing of its new $25m seed fund

Seedstars
Venture Capital

Seedstars Launches Platform to Develop Emerging and Diverse VC Managers

Seedstars has launched Seedstars Capital, its investment platform for emerging venture capital (VC) fund managers with the support of xMultiplied, a