Tag: african startups

Jumba, a Kenyan marketplace for construction materials, has completed a $4.5 million seed funding round. The seed funding comes a year ...

RNR, 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 ...

Smile 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 ...

Curacel, 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 ...

Naked, 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 ...

Rwanda 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 ...

Terraa, 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 ...

Sendmarc, 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 ...

Pade 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 ...

Ethiopia 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 ...

Meta is launching a new paid subscription service that verifies Instagram and Facebook accounts