Future Africa
Interview

The Best Bet to Unicorn Status is to Build a Great Startup That Solves a Big Problem-Iyinoluwa Aboyeji

In this interview, co-founder of Flutterwave and Andela, and founder/CEO of Future Africa, Iyinoluwa Aboyeji, speaks to Temitayo Jaiyeola of

Fintech

15 Fintech Startups Selected For LHoFT’s Startup Acceleration Program

Building on the success of the previous editions of CATAPULT: Inclusion Africa since 2018, the Luxembourg House of Financial Technology

SweepSouth
Funding Investment Venture Capital

Online Home Services Platform SweepSouth Gets $11m Funding Led by Alitheia IDF

SweepSouth, an online home services platform with a presence across Africa, today announced that it has completed an $11m investment

Acquisition

ECC Acquires Majority Stake in Source Beauty for $5mln

Source Beauty, an Egyptian-based beauty platform, received a commitment of up to $5m from the Egyptian Company for Cosmetics (ECC)

African Women Impact Fund
Funding Investment

African Women Impact Fund Launches With $60m Commitment to Drive an Inclusive Investment Environment

The Economic Commission for Africa (ECA) and Standard Bank Group, with the support of the Arab Bank for Economic Development

Lami Technologies
Funding Insurtech Investment Venture Capital

Lami Technologies Raises US$3.7mn Seed Extension 

Lami Technologies, a Kenyan insurtech startup, has raised a US$ 3.7m seed extension to expand its insurtech product across Africa.

Venture Capital Women

ShEquity Recieves $1.2m Grant From USAID Trade Hub

ShEquity Partners, an investment firm that promotes women’s entrepreneurship in Africa, has received a $1.2 million co-investment grant from the

Accelerator Startup

Flapmax, Microsoft Announce Startups Selected for FAST Digital Transformation Program

Flapmax has announced the twelve companies selected for the first cohort of the FAST startup accelerator, created to help strengthen and

Tony Elumelu Foundation
Entrepreneurship Funding News

5000 African SMEs Join Tony Elumelu Foundation 2021 Entrepreneurship Programme

Each Tony Elumelu Foundation entrepreneur receives non-refundable US$5,000; 68% of beneficiaries are women entrepreneurs The Tony Elumelu Foundation (TEF) has

Grindstone Ventures
Venture Capital

Grindstone Ventures Launches $6.5m Venture Fund For SA Tech Startups

Grindstone Ventures has launched a $6.5 million venture fund dedicated to investing in innovative South African technology startups who have