Renew Capital, an investment firm specialising in African ventures has funded the rapidly growing digital bank Affinity Ghana. One of Affinity’s main goals is to help 350 million African adults who do not have bank accounts. With a focus on individuals whom traditional banking systems have marginalised, their goal is to make banking services available […]

In a groundbreaking development that promises to reshape the digital healthcare landscape in Ghana, Rivia, a dynamic health tech startup, has made a strategic leap by acquiring Waffle, a well-established software-as-a-service (SaaS) provider.  The move is poised to revolutionise primary care clinics, empower small and medium-sized businesses (SMEs), and enhance patient experiences nationwide. The Unconventional […]

In a significant stride towards sustainable transportation, BasiGo, a Kenyan e-mobility startup, has garnered a substantial USD 3 million equity investment. This financial backing comes from the CFAO Group, a prominent entity in the African mobility and infrastructure sector, and is fully supported by Toyota Tsusho Corporation of Japan. The investment is a collaborative effort […]

In a bold expansion strategy, the Kenyan digital commerce startupTappi has set its sights on the burgeoning market of the Ivory Coast. This move is a business decision and a transformative step for the region’s micro, small, and medium-sized enterprises (MSMEs). Founded by visionaries Kenfield Griffith and Louis Majanja, Tappi has revolutionised how small businesses […]

Sprints, a visionary startup from Egypt, is making waves with its recent acquisition of a $3 million bridge round. This significant financial boost, spearheaded by Disruptech Ventures and supported by EdVentures and CFYE, marks a pivotal moment for Sprints as it sets its sights on expanding into ten new markets. Launched in 2020 by the […]

In the fertile lands of Nigeria, a green revolution is brewing, not with tractors and ploughs, but with innovative startups and savvy investors. As the nation grapples with the twin challenges of food inflation and a burgeoning population, the focus turns to agri-food tech startups as the harbingers of a new era in food production. […]

In an ambitious move to revolutionize its agricultural sector, Egypt has launched the AgriTech4Egypt Innovation Challenge.  This initiative seeks to attract scientists and entrepreneurs dedicated to creating agri-tech solutions that promise a more sustainable, efficient, and climate-resilient future for Egyptian agriculture. The AgriTech4Egypt Innovation Challenge is not just another competition; it’s a targeted effort to […]

Village Capital and Moody’s Foundation have unveiled an accelerator for investment readiness, Greentech 2024: The Future of Sustainability. Since 2012, Village Capital has operated in Africa through 14 accelerator programs, enabling early-stage companies to access social and financial capital that is crucial for maximising business and impact growth. Greentech 2024, an initiative by Village Capital […]

In the dynamic landscape of African entrepreneurship, a visionary startup is making waves. SAVA, born in Nigeria, has rapidly evolved from a growth service provider to a trailblazer in sales technology solutions, reshaping how businesses across the continent drive revenue. Initially, SAVA’s mission was to bolster African startups and enterprises through growth services. However, recognizing […]

In a bold move to invigorate the East African entrepreneurial landscape, Kua Ventures has joined forces with Startup Savanna, marking a new chapter in the support for Small and Medium-sized Enterprises (SMEs) in the region. This partnership heralds a fresh perspective on funding, expertise sharing, and sustainable growth for local businesses. The collaboration between the […]

The National Information Technology Development Agency (NITDA) has unveiled a golden opportunity for Nigeria’s youth to gain international exposure and training in the United States.  This recent announcement is a clarion call to the country’s young tech enthusiasts to step onto the global stage. Titilope Gbadamosi, the Special Assistant to President Bola Ahmed Tinubu on […]

200 startups from Morocco will be showcased at the forthcoming GITEX Africa Morocco event, where Moroccan entrepreneurs will undoubtedly compete for the spotlight. Under King Mohammed VI’s patronage, this event brings together tech giants and startup hopefuls to display cutting-edge innovations and forge innovative collaborations. The Morocco Ministry of Digital Transition and Administrative Reform and […]

In a remarkable shift in the startup investment landscape, 2023 marked the year when African investors took the lead in funding the continent’s burgeoning startup ecosystem. According to data from Africa: The Big Deal, local investors accounted for 35 percent of all investors in deals exceeding $100,000, surpassing their North American counterparts who previously dominated […]