Heirs Holdings Launches a Subsidiary empower Africa’s digital transformation
March 25, 2024
Heirs Holdings has announced the launch of its new subsidiary, Heirs Technologies Limited, with an ambition to empower Africa’s digital transformation through innovative and locally tailored solutions. Heirs Technologies aims to provide value added services that…
Egypt's InCurA Raises an Undisclosed Amount in a pre-Seed Round
March 25, 2024
Egypt’s healthtech startup, InCurA, has raised an undisclosed amount in a pre-seed round led by regional investors including Tiye Angels, Kaust Innovation Ventures (KIV), UI Investments, Pharos Holding, and AUC Angels. The startup was founded…
Moove Secures $100 Million in Funding at a valuation of $750m
March 21, 2024
Nigeria’s vehicle financing platform, Moove, has secured $100 million in a Series B funding round. This funding round was led by Uber with the participation of Mubadala, The Latest Ventures, AfricInvest, Palm Drive Capital, Triatlum…
tappi Expands into Côte d’Ivoire in Partnership with MTN
March 20, 2024
tappi, the end-to-end digital commerce SaaS solution tailored for Africa’s micro, small and medium-sized businesses (MSMEs), has announced its expansion into Côte d’Ivoire. Building on its rapidly growing operations in Kenya and Nigeria, tappi’s latest country…
mTek Raises $1.25 Million in Funding to Power Its Expansion in Kenya and Across the Region
March 18, 2024
Summary mTek, the digital online insurance platform, has secured $1.25 million (over Ksh 168 million) in funding to power its expansion in Kenya and across East Africa. This undisclosed funding round was led by Verod-Kepple…
Morocco's ORA Secures $1.5 Million in Seed Funding
March 15, 2024
ORA Technologies has successfully secured $1.5 million in Seed funding from Moroccan entrepreneurs, demonstrating their strong belief in the company’s growth and impact potential. The ORA Maroc Super App, with its impressive 300,000+ downloads, aims…
Village Capital Announces Call for African Startups with a Focus on Greentech
March 15, 2024
Summary Village Capital and Moody’s Foundation have announced the launch of Greetech2024: The Future of Sustainability, an investment-readiness accelerator. This accelerator is meant to advance innovative and sustainable solutions that actively contribute to building resilience…
Flapmax Unveils Women in Artificial Intelligence (AI) Fellowship on Generative Artificial Intelligence (AI)
March 14, 2024
Flapmax has announced the launch of its Women in AI (WAI) Generative AI Fellowship program as part of its FAI Institute initiative. The program aims to empower women in the field of artificial intelligence (AI)…
South Africa's Planet42 Raises Over $16 Million from Standard Bank
March 12, 2024
Summary Standard Bank has announced the investment of R300 million (over $16 million) into South Africa’s car subscription company, Planet42. The investment is broken down into two with R50 million in equity and a R250…