B2MC
Startup

30 Startups Selected For Bridge To MassChallenge Nigeria (B2MC)

Thirty Nigerian startups have been selected by the National Information Technology Development Agency (NITDA) for the MassChallenge Nigeria (B2MC Nigeria). The

SMEs

Kenyan Fintech IMFact Bags ≈$4m Funding From FSD Africa Investment to Boost Capital Supply to SMEs

IMFact, a Kenyan fintech startup, has secured a £3 million ($3.95m) investment from FSD Africa Investments (FSDAi), the investing arm

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

Ecobank Fintech Challenge
Fintech

Nigeria’s Trove Finance Wins 2021 Ecobank Fintech Challenge

Ecobank Group has named Trove Finance, a Nigerian stock investment startup, the winner of the fourth edition of the annual

Alitheia IDF
Private Equity Fund

Alitheia IDF Announces Final Close at $100m to Fund African Female-led Startups

Alitheia IDF (AIF), Africa’s first women-led and women-focused private equity fund, has announced the final close of the $100 million fund with

Moove
Mobility

Moove Launches in Kenya and Broadens Vehicle Financing to Bikes and Trucks

Moove, an African mobility fintech, has launched operations in Nairobi, its first city in East Africa and sixth on the

Wowzi
Funding Investment Venture Capital

Kenya’s Wowzi Bags $3.2m to Support African Creators

Wowzi, a Kenyan startup that connects brands with influencers to scale up their marketing, has raised $3.2 million funding from

Auochek
Mobility Partnership

Kia Partners With Autochek to Offer Flexible Car Loan to Customers

Kia Motors Nigeria has partnered with Autochek to enable people to buy any Kia car of their choice with low

Opibus
Electric Vehicle Partnership

Uber, Opibus Partner to Deploy 3,000 Electric Motorcycles in Africa

Opibus, the Kenyan-based electric vehicle manufacturer, and Uber have partnered to scale the use of electric motorcycles in Africa. This

Funding Investment

Nigeria’s SendChamp Secures $100k Angel Round

SendChamp, the messaging platform for businesses and developers in Africa, has announced that it has raised a $100,000 to bridge