Tag: african startups

The US International Development Finance Corporation (DFC) has granted Ampersand, a Rwanda-based electric motorcycle startup, a $9 million financing facility ...

Stitch, a South African API fintech, has expanded into Nigeria and raised $6 million in a seed round

Stitch, a South African API fintech startup, has raised an additional US$6 million in its seed round, up from the ...

Facebook changed its name to Meta as part of a rebranding drive to emphasize virtual reality

Mark Zuckerberg, Facebook's founder, has announced that the firm will change its name to Meta, thus demoting the company's eponymous ...

Autochek has raised $13.1 million in funding to expand its auto lending platform across Africa

Autochek, an African automotive technology company that facilitates auto financing, has raised $13.1 million in early capital. The round was ...

ShipBlu, an Egyptian eCommerce fulfillment startup, has raised $2.4 million in seed funding

ShipBlu, an Egypt-based e-commerce startup backed by Y Combinator, has raised a $2.4 million seed round headed by Nama Ventures, ...

Airtel Africa and UNICEF are collaborating to expand digital learning opportunities for African children

Airtel Africa and UNICEF have announced a five-year pan-African partnership to assist accelerate the adoption of digital learning by connecting schools ...

Catalyst Fund invests in four Ghanaian digital commerce startups

The Catalyst Fund Inclusive Digital Commerce Accelerator welcomed OZÉ, Shopa, Swoove, and Tendo, four Ghanaian digital commerce startups, as the ...

Elon Musk has become the first person in history to have a net worth of more than $300 billion

According to the Bloomberg Billionaires Index, Musk was worth $302 billion. Thanks to a rise in Tesla stock, that's an ...

The Algerian Startup Financing Fund has launched a $7.2 million fund to invest in the country’s most innovative startups

At the National Conference of Startups "Algeria Disrupt 2020," the Algerian Startup Financing Fund was officially launched. The fund, which ...

Organon and Flat6Labs have launched a femtech Accelerator for female digital healthcare startups in the MENA region

The Femtech Accelerator Program, launched by Organon and Flat6Labs, aims to help female-founded digital health start-ups in the Middle East ...

Nigeria launches eNaira, Africa’s first digital currency, after postponing the initial October 1 debut date

10/25/2021