Zeepay Raises $3 Million in Equity to Facilitate its Growth
April 4, 2024
Zeepay has announced the completion of an equity investment by pan-African investment firms Africa50, Oikocredit, Injaro, Verdant Capital Hybrid Fund, and I&P. The funds will go towards expanding Zeepay’s operations in Africa and the Caribbean….
Kua Ventures and Startup Savanna Partner To Support East African SMEs
April 2, 2024
Kua Ventures has partnered with Startup Savanna to support the region’s SMEs. This collaboration allowed 10 entrepreneurs to pitch for a maximum of Ksh 15 million in funding for their businesses. Central to Kua Ventures’ approach to supporting…
South Africa's Parcel Shipping Platform, TUNL, Raises $1 Million in Pre-Seed Funding
December 16, 2023
TUNL has secured $1 million in pre-seed funding from Founders Factory Africa, Digital Africa Ventures, E4E Africa, and Jozi Angels. The funding will be used to accelerate the company’s growth in its beachhead market of…
Techstars Announces 12 new investments through ARM Labs
December 15, 2023
Techstars has announced its second cohort of 12 companies to participate in its pan-African accelerator program in partnership with Lagos-based innovation program, ARM Labs. Following a successful inaugural program, the ARM Labs Lagos Techstars Accelerator will build…
Mergers and Acquisitions: A survival toolkit for African startups
December 14, 2023
By Kaivan Sattar, CEO and founder, Asaak In June 2023, my company Asaak did something unusual for an African tech startup: we acquired another company on another continent. More specifically, we acquired the operations of…
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…
Kenya’s startup ecosystem is set for growth in 2023 and beyond
May 11, 2023
by Patrick Ndegwa, SEACOM Business Sales Lead for SEACOM East Africa Kenya is a hub for entrepreneurship and startup development in East Africa, with a growing ecosystem of innovative businesses and supportive infrastructure. According to…
Why startups must know their playing fields
November 25, 2016
The start-up scene in Africa is rapidly growing with so many start-ups coming up with great ideas that will change the continent. Most of the business ideas tend to be associated with our hobbies, passions,…