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Jumba, a Kenyan startup for procuring building supplies, receives $4.5 million in seed funding
Jumba, a Kenyan marketplace for construction materials, has completed a $4.5 million seed funding round. The seed funding comes a year...
Read moreRNR, a South African breakdown management startup, secures $555k in funding
RNR, a South African breakdown management startup, has raised US$555,000) to assist its growth and African expansion. RNR is a...
Read moreSmile Identity, a KYC startup with a focus on Africa, secures $20 million in Series B funding
Smile Identity, an Africa-focused firm, has secured a US$20 million Series B fundraising round to aid in its expansion throughout...
Read moreCuracel, an insurtech startup in Nigeria, secures $3 million in seed funding
Curacel, an AI-powered platform for claims processing and fraud management in Africa, was founded in Nigeria and has raised US$3...
Read moreNaked, a South African insurtech startup, secures $17 million in Series B funding
Naked, a South African insurance technology startup powered by artificial intelligence (AI), has raised US$17 million in Series B funding...
Read moreRwanda is the latest African nation to ban its banks from processing cryptocurrency transactions
The National Bank of Rwanda (NBR) has ordered all of the country's banks to cease "all crypto-related activity until a...
Read moreTerraa, a food tech startup based in Morocco, has raised $1.5 million in a pre-seed funding round
Terraa, based in Morocco and provides B2B tech-enabled food delivery, has successfully raised $1.5 million in pre-seed funding. FoodLabs, a...
Read moreSendmarc, a startup providing online security, secures $7 million in funding
Sendmarc, a leading provider of email and domain security based in South Africa, has secured a US$7 million Series A...
Read morePade HCM, a human resources (HR) tech startup based in Nigeria, has secured $500,000 in pre-seed funding
Pade HCM, a human resources technology business in Nigeria, has closed a US$500,000 pre-seed funding round to help it expand...
Read moreEthiopia plans to sell 45% of its state-owned telecom company Ethio-Telecom
The Ethiopian government has been planning to sell off 40% of its holdings in Ethio-Telecom, a state-owned telecom company, since...
Read moreMeta is launching a new paid subscription service that verifies Instagram and Facebook accounts
CEO Mark Zuckerberg stated on Instagram that Meta is launching Meta Verified, a new paid subscription service for verification. Instagram...
Read moreCcHUB is launching an ed-tech accelerator for African startups with $15 million in funding
Co-Creation Hub (CcHUB), the largest innovation hub in Africa, is creating a $15 million accelerator program that will be known...
Read moreThe Big 5
