PalmPay Launches USSD Service for Users Without Internet Connectivity
September 16, 2024
Paymob Secures $22M Series B Extension, RaisingTotal Funding to $72M as It Expands Across MENA
September 13, 2024
Paymob has announced a $22 million Series B extension round – taking the Company’s total Series B funding to $72 million. The funding was led by EBRD Venture Capital with participation from Endeavor Catalyst.Existing investors…
FlapKap Closes a $34 Million Pre-Series A Funding Round
September 9, 2024
FlapKap has announced the close of a $34 million new debt and equity funding. FlapKap is an Abu Dhabi-based fintech that provides revenue-based and embedded financing solutions in the MENA region. FlapKap was launched to…
VC4A set to co-host the Africa Early Stage Investor Summit (#AESIS2024) at Africa Investor Week
September 2, 2024
VC4A has announced that it will co-host the Africa Early Stage Investor Summit (#AESIS2024) on November 28-29, 2024 in Cape Town. Now in its 11th year, the Summit remains Africa’s premier gathering for early stage investors…
Kenya's Conversational Commerce Platform, Chpter, Closes a $1.2 Million Pre-Seed Round
September 2, 2024
Chpter, the AI-powered conversational commerce platform that enables businesses to sell more on social platforms like WhatsApp and Instagram, announced today that it has secured $1.2 million in their Pre-Seed round. The round was led…
Latitude59 Kenya Edition 2024 Set for November 28th
August 29, 2024
Latitude59’s second satellite event in Nairobi is set to take place on November 28th. The first Latitude59 Kenya Edition was held in December last year attracting nearly 800 participants from Africa and around the world….
Wasoko and MaxAB Announce Completion of Merger Forming Africa's Largest B2B Platform
August 27, 2024
Wasoko and MaxAB have announced the completion of their merger following the signing of preliminary terms in Q4 2023. This merger was conducted as an all-stock transaction and the new entity is set to have…
d.light launches customer loyalty program for off-grid solar customers in Kenya
August 20, 2024
d.light has announced the launch of its new customer loyalty program – the first of its kind in the off-grid solar space. d.light officially launched the loyalty scheme, called “d.light Points Program”, in Kenya on…
Wimbart Calls for Participation in the 2024 Startup Performance Relations Survey
August 19, 2024
Wimbart is conducting the second edition of its pan-African research, ‘Startup Performance Reporting in Africa: Aligning Startup and Investor Expectations.’ The survey aims to understand the intricacies of investor relations within the African tech ecosystem and…
6 startups selected to be part of BetaLab’s 12-week pre-incubation program
August 13, 2024
BetaLab, Britam’s innovation hub, has announced the selection of 6 startups to be part of its 12-week pre-incubation program. These startups address challenges in real estate, savings, SME financing, and healthcare. Through the pre-incubation period,…