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

SOKNA
Funding Investment Venture Capital

Egypt’s SOKNA Bags $1m Funding

SOKNA, an Egyptian company that provides comprehensive funeral services, has raised a $1 million round of funding. The list of

Createch
Accelerator

Apply: CCHub’s Createch Accelerator 1.0.

The Creative Economy Practice at CcHUB has launched a call for applications for Createch Accelerator 1.0. The Accelerator programme is for

Reliance Health
Funding Health Investment Venture Capital

Nigeria’s Reliance Health Raises $40M in Series B Led by General Atlantic

Reliance Health, an emerging markets-focused digital healthcare provider, has completed a $40M Series B funding round led by General Atlantic.

Kigali International Financial
Funding Venture Capital

KIFC Unveils $50m Fintech-focused Africa Fund

Kigali International Financial Centre (KIFC) has launched a $50 million Fintech-focused Africa Fund.   Backed by MyGrowthFund Venture Partners, the fund

Sports

Paystack CEO Shola Akinlade Launches Football Club

The co-founder and CEO of Paystack, Shola Akinlade has launched a football club tagged Sporting Lagos. This was announced in

Acquisition Insurtech

Lami Acquires Kenya’s Bluewave Insurance Agency to Expand Access to Insurance Across Africa

Lami, Kenya’s insurance technology company, has acquired Bluewave Insurance Agency, a Kenyan-based insurtech startup that leverages mobile technology to reach

OLX
Ecommerce

Classified Ecommerce Platform OLX Closes Shop in South Africa

OLX, a classified ecommerce platform, has been shut down in South Africa. Visitors to the platform’s website were greeted with

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

Cryptocurrency Technology

GIGL Adds Crypto Wallet to its Propriety Delivery App GIGGO

GIG Logistics, a West African provider of last-mile delivery solutions, has launched a version of its propriety delivery app ‘GIGGo’