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ParkUpp, a South African parking marketplace, has been acquired by real estate investment company Docklands Ventures. Founded in 2016, ParkUpp is
The International Finance Corporation (IFC) has invested in Knife Fund III, a new fund managed by Cape Town-based venture capital
Flapmax has partnered with Microsoft to help strengthen and scale Africa’s digital ecosystem with the launch of FAST, a startup accelerator. Entrepreneurs based
Carscan, the South African augmented reality app with an embedded visual recognition AI to track the visual condition of every
Kigali International Financial Centre (KIFC) has launched a $50 million Fintech-focused Africa Fund. Backed by MyGrowthFund Venture Partners, the fund
Lami, Kenya’s insurance technology company, has acquired Bluewave Insurance Agency, a Kenyan-based insurtech startup that leverages mobile technology to reach
Afya Rekod, a Kenyan based company, has raised $2 million in Seed funding, led by Mac Venture Capital. Other participants include Next Chymia,
OLX, a classified ecommerce platform, has been shut down in South Africa. Visitors to the platform’s website were greeted with
Amitruck, a Kenyan logistics startup, has raised $4 million in seed funding. The round was led by Better Tomorrow Ventures
AltSchool Africa, a Nigerian edtech that allow young Africans to learn highly sought after tech skills without hassle, has raised $1