Swvl
Funding Investment Ride-hailing

Egypt’s Swvl Gets $10m From European Bank

Swvl, the Egyptian on-demand bus-hailing firm, has secured a $10m investment from The European Bank of Reconstruction and Development (EBRD)

Ecommerce Funding Retail

ProXalys Secures $150k Pre-seed From Haskè Ventures

ProXalys, a Senegalese B2B eCommerce company, has secured a $150,000 pre-seed funding from Haskè Ventures, the venture builder for Francophone

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

Acquisition Mobility Ride-hailing

Nigerian Mobility Startup, Transtura Acquires WazoMoney

Transtura, a Nigerian ride-hailing startup, has acquired WazoMoney, a fintech startup that provides simplified payment solutions. The acquisition will enable

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

Instadeep
Artificial Intelligence Funding Investment Technology Venture Capital

Tunisia’s InstaDeep Raises $100M to Scale Decision-Making AI Products

InstaDeep, a leader in advanced AI decision-making systems for solving real-world problems, has raised $100 million Series B round led

PayedIn
Fintech

PayedIn Launches Simple And Secure ePayment Solution in Nigeria

PayedIn Technology, a fintech company empowering the offline to online transitioning for organisations, businesses, and entrepreneurs, has launched a simple to use

ThinkBikes
CleanTech

ThinkBikes Nigeria is Launching Locally Produced Electric Tricycles

Tolulope Olukokun, the founder and CEO of ThinkElectric Africa, recently quit his job at the Polytechnic in Ibadan in Nigeria to

Machine Learning
Africa News Technology

Machine Learning Can Solve Some of Africa’s Biggest Challenges

From better healthcare access to improved food security, machine learning could tackle a wide range of challenges in developing countries.

MAX
Funding Investment Mobility Venture Capital

Nigeria’s MAX Secures $31m Series B Led by Lightrock

Metro Africa Xpress (MAX), a Nigerian mobility tech startup, has raised a $31 million Series B funding to expand across