LULA
Acquisition

LULA Acquires Zeelo’s South African Subsidiary

LULA, a ride-sharing platform for workers, has acquired the South African subsidiary of US-based staff bus-sharing startup Zeelo for an

Kimani
Innovation

Esther Kimani Wins 2024 Africa Prize for Engineering Innovation

Esther Kimani has been named the 2024 Africa Prize for Engineering Innovation winner by the Royal Academy of Engineering at

Timbuktoo
Fintech

Timbuktoo Launches Pan-African Fintech Hub in Lagos

The United Nations Development Programme (UNDP) and the Timbuktoo Africa Innovation Foundation, have launched the Fintech Timbuktoo Hub in Lagos,

Innovate Africa
Venture Capital

Innovate Africa Launches with $2.5M Angel Fund for Early-Stage Africa-Focused Startups

Innovate Africa, an angel investment fund that supports early-stage founders, taking startups from conception to product and financing innovative ventures,

NALA
Funding Investment Payment

NALA Secures $40 to Strengthen Remittance Payments in Africa

NALA, a Tanzania remittance startup, has secured $40 million in Series A funding to support its global expansion and enhance

Bamboo
Fintech Product Launch

Bamboo Expands Operations to South Africa

Bamboo, a Nigerian online share trading startup, has commenced operations in South Africa to enable citizens of the Southern African

Amethis
Funding

EIB Global Invests €25m in Amethis Fund III to Promote Sustainable Growth of African Businesses

The European Investment Bank’s EIB Global arm has invested €25 million in Amethis Fund III, a pan-African fund providing private equity growth

LAfricaMobile
Funding

LAfricaMobile Raises $4.6m to Lead Cloud Communication in French-speaking Africa

 LAfricaMobile, a cloud communication and mobile marketing platform, has announced that it has raised $4.6 million.  This new investment will allow LAfricaMobile to consolidate

Visa
Accelerator Startup

Visa Names African Fintech Startups For the 2nd Cohort of its Accelerator Program

Visa, a global digital payments firm, has announced the startups shortlisted from across Africa to participate in the second cohort

Cybersecurity
Cyber security

Ensuring Food Security in South Africa Via Enhanced Cybersecurity for Farmers

Technology has improved productivity, efficiency, and communication in every industry across the globe, and agriculture is no exception. Once considered