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…
A Look into Africa's Startup Funding Landscape with Efayomi Carr From Flourish Ventures
March 12, 2024
The African startup funding scene is quite dynamic. In a conversation with Efayomi Carr, Principal at Flourish Ventures, I wanted to understand the state of funding in Africa and what we can expect this year. Flourish…
Kenyan Startup, Shamba Records, Among the 8 Selected for CV Labs Accelerator
March 6, 2024
Summary Shamba Records, a Kenyan AgTech startup, has been selected to be part of CV Labs Acceleration Batch_06. The startups selected operate across traditional industries and web3 infrastructure. They intend to impact global challenges across…
Applications for HiiL Justice Accelerator Programme 2024 are Now Open
March 4, 2024
Summary HiiL’s Justice Accelerator Programme 2024 calls innovative minds in Africa to apply to be part of the programme. This year’s theme, “Tech the Justice Gap,” underscores the potential of technology in creating accessible, affordable,…
LogRhythm Expands Partnership with e-finance to Accelerate Cybersecurity Innovation in Egypt
February 28, 2024
Summary LogRhythm has expanded its partnership with e-finance, a subsidiary of e-finance Investment Group to deliver secure digital transformation in Egypt. The strategic expansion of the partnership sees the integration of LogRhythm into e-finance’s cloud computing…