Jumia Food to Cease Operations This Month Due to Low Sales
December 14, 2023
Jumia Food, the food delivery arm of the e-commerce giant Jumia, is set to cease operations this month. For years, Jumia Food has competed with companies such as Glovo, Uber Eats, and Bolt Food. These…
tappi Raises $1.5M in Pre-Seed Funding
December 9, 2023
tappi has raised $1.5M in an oversubscribed Pre-Seed round led by Mercy Corps Ventures and Chui Ventures. With participation from Digital Currency Group, SOSV, Resilience17, growX ventures, Orbit Startups and Reflect Ventures, the investment also saw contributions from angel investors and advisors from global tech…
Endeavor Kenya Unveils Scale-Up Program Empowering High-Growth Founders
November 27, 2023
Endeavor Kenya, a non-profit organization that supports high-impact entrepreneurs, has launched its inaugural cohort-based initiative for high-growth founders, the ScaleUp Program. The program will identify ten high-growth ventures based in East Africa and support them…
Women in Tech Program Grants USD 70,000 to 7 Women-Led Startups in Kenya
October 26, 2023
Standard Chartered Bank and @iBizAfrica have announced the 6th cohort of the Women in Tech Incubator program. Themed ‘Leveraging Technology for Impact,’ the ceremony witnessed the felicitation of seven outstanding women-led businesses, each receiving a…
Google Announces 11 African Startups for Inaugural Africa AI First Accelerator Program
October 5, 2023
Google has unveiled the first cohort for its ‘Google for Startups Accelerator: AI First’ program, marking a significant leap forward for African innovation. The 11 selected startups, chosen from a competitive field of groundbreaking projects,…
29 African Healthcare Startups Secure Funding and Support from Gates Foundation, MSD, and More
September 18, 2023
29 startups have been selected to receive funding and impact support from prominent organizations, including the Bill & Melinda Gates Foundation, MSD, Microsoft, and others. The second cohort of the Investing in Innovation Africa (i3)…
Two Kenyan Startups Selected for TechCrunch Disrupt Startup Battlefield 200
September 4, 2023
The TechCrunch Disrupt Startup Battlefield 200 is set to take place later this month in San Francisco. The event is scheduled for September 19 through to September 21 and will see two Kenyan startups showcase…
Madica Bolsters Africa's Tech Sector with Key Appointments
July 25, 2023
Madica has announced the strategic appointments of Rose Odengo and Brenda Wangari. The new appointments strengthen Madica’s commitment to diversity, inclusivity, and innovation in the tech sector across the continent. Odengo’s extensive wealth of experience and expertise will…
Africa Tech Summit London Announces 12 Promising Ventures for Investment Showcase at London Stock Exchange
May 24, 2023
Africa Tech Summit London has recently unveiled an exciting lineup of 12 African tech ventures that will present investment opportunities to investors, corporates, and industry experts at the prestigious London Stock Exchange on June 23rd….