FoondaMate raises $2million to democratise learning and close global education inequality gaps with its AI-powered study chatbot
May 26, 2022
FoondaMate – the chat-based, AI-powered study buddy – has raised a $2million Seed round, led by LocalGlobe. Emerge Education, Odunayo Eweniyi via FirstCheckAfrica, Iyin Aboyeji via Future Africa, and LoftyInc also participated in the round, alongside angels…
Hisa App Joins NVIDIA Inception programme
May 19, 2022
Hisa, the mobile investment platform, has today announced its selection to join NVIDIA Inception, a programme designed to nurture startups revolutionizing industries with advancements in artificial intelligence (AI) and data science. NVIDIA Inception, which includes…
ROAM Jobs Rebrands to Become The African Talent Company
May 10, 2022
ROAM Jobs has today officially announced its rebranding to become The African Talent Company. You may have not heard about ROAM jobs but you definitely have heard about some of the brands in its portfolio…
Standard Chartered Bank Partners With iBizAfrica for the 5th cohort of the Women in Tech incubator program
March 10, 2022
Standard Chartered Bank in partnership with @iBizAfrica-Strathmore University has today launched the 5th cohort of the Women in Tech incubator program. The program, which is an initiative of Standard Chartered in partnership with Strathmore University’s @iBizAfrica Incubation Centre, aims at championing for more…
Microsoft’s Founders Hub to Launch in Africa seeking to support 10,000 African start-ups in five years
March 3, 2022
Under the remit of its recently established Africa Transformation Office (ATO), Microsoft has announced new initiatives to accelerate the growth of 10,000 African start-ups and fast-track investment in Africa’s start-up ecosystem over the next five…
M-KOPA announces a $75M Growth Equity Round
March 1, 2022
M-KOPA has today announced its $75M Growth Equity round*. The round was led by Generation Investment Management and Broadscale Group, with participation from new investors including LocalGlobe’s Latitude Fund and HEPCO Capital Management. M-KOPA’s existing…
Flutterwave valued at Over $3 billion in Latest round of venture funding
February 16, 2022
Flutterwave is now the highest valued African start-up after the latest round of funding. This Series D funding raised $250 million taking the company’s valuation to over $3 billion. The company says this latest round…
BasiGo Secures Over Ksh 450 Million in Seed Funding To Help Set up local assembly of electric buses in Kenya
February 9, 2022
The future is definitely electric, and this will be the case for all vehicles including the public transport sector. One company that is trying to achieve this is BasiGo. They refer to themselves as an…
Moove secures $10m financing From NBK Capital Partners
February 3, 2022
NBK Capital Partners Mezzanine Fund II has announced that it closed a $10 million financing facility with Uber’s exclusive vehicle supply partner in Africa, the mobility fintech, Moove. The innovative asset-backed venture debt marks the…