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.

Homzmart
Funding Investment Startup Venture Capital

Homzmart Secures $23m in Pre-series B Round Investment

Homzmart, an Egyptian furniture online marketplace, has raised $23 million in pre-series funding to expand its services. Saudi Technology Ventures

Umba
Acquisition Banking Funding

Digital Bank Umba Acquires Majority Stake in Daraja Microfinance Bank

Umba, a Nigerian digital bank, has acquired a majority stake in Daraja, a Kenyan microfinance bank, for an undisclosed amount.

Qwili
Funding Investment Startup Venture Capital

South Africa’s Qwili Secures $1.2m Seed Funding to Scale its Service Offerings

Qwili, a startup that provides a hybrid sales product to micro and small merchants in South Africa, has closed a

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

Moove
Partnership

Moove Partners With Uber to Launch Mega Fleet For Ride-hailing in India

Moove, the mobility fintech and Uber’s largest vehicle supply partner in EMEA, has announced its launch in India as a

Cartona
Ecommerce Funding Investment Venture Capital

Egyptian B2B Ecommerce Platform, Cartona Secures $12m Funding Led by Silicon Badia

Cartona, an Egyptian B2B eCommerce platform, has secured a $12 million Series A investment led by Silicon Badia, together with

Bizao
Fintech Funding Investment Venture Capital

Cote d’Ivoire Fintech Startup Bizao, Secures $8.1m to Support Expansion Across Africa

Bizao, a fintech startup based in Cote d’Ivoire, has announced $8.1 million series A funding to accelerate its geographical footprint

Netflix
Report Video Streaming

Netflix Loses Nearly 1 Million Subscribers

Netflix, the global streaming giant, in its latest report has disclosed that it lost 970,000 subscribers in the second quarter of

Bloom
Fintech Funding Investment Venture Capital

YC-backed Sudanese Fintech Startup, Bloom Secures $6.5m Seed Round

Bloom, a Sudanese fintech startup, has raised a $6.5 million seed round from investors including Visa, Y Combinator, Global Founders