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Vendease, a food procurement platform for African restaurants, nabs $30M led by Partech Africa and TLcom
When Vendease launched in January 2020, it wanted to so […]
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Nigeria’s YC-backed Remedial Health raises $4.4M seed funding
Early this year, Nigerian health-tech startup Remedial […]
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Kenya’s HotelOnline acquires hospitality software company HotelPlus
HotelOnline, a Kenya-based Yanolja-backed travel techno […]
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Nigerian blockchain payments startup Bitmama closes $2M pre-seed as it scales to new markets
Africa is the world’s third fastest-growing crypto mark […]
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Odyssey Energy Solutions continues quest to electrify developing economies with $5.4M seed
There’s been a lot of talk about remaking the electric […]
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Jumia, Zipline launch drone package delivery in Ghana
Jumia, the pan-African e-commerce company, has partnere […]
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African genomics startup 54gene lays off 95 as COVID testing business struggles
African genomics startup 54gene has laid off 95 employe […]
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Nigeria’s Grey raises $2M for cross-border payments play and regional expansion
The provision of virtual foreign bank accounts has beco […]
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Nigerian B2B e-commerce platform Omnibiz raises millions to gain and retain retail customers
Africa’s informal retailers supply most of the continen […]
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Google’s third bet from its Africa Investment Fund is in logistics company Lori Systems
Lori Systems, an African on-demand logistics and trucki […]
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Kenyan B2B e-commerce platform Marketforce cut about 9% of staff in reorganization strategy
Kenyan retail B2B and end-to-end distribution platform […]
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Jumia shares rise as the company’s e-commerce business revs up in Q2
African e-commerce giant Jumia reported its second-quar […]
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Bluechip, an African systems integrator with partners like Microsoft and Oracle, is expanding to Europe
It’s not often you hear about African tech companies ex […]
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Beacon Power Services raises $2.7M to improve electricity access for sub-Saharan African cities
Sub-Saharan Africa’s share of the global population wit […]
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Oui Capital, a pan-African early-stage VC firm, hits first close of its $30M second fund
Oui Capital, an Africa-focused VC firm based in Lagos a […]
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US-based fintech Umba buys majority stake in Kenya’s Daraja microfinance bank
Umba, a US-based digital bank with a focus on emerging […]
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Techstars CEO Maëlle Gavet outlines the accelerator’s newest program in Africa
In April, startup accelerator Techstars, in partnership […]
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SendSprint, by ex-Flutterwave executive, hits market with $5 flat fee for all international money transfers
SendSprint, a money transfer startup based in the UK bu […]