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MARA raises $23M from Coinbase Ventures and FTX to build Africa’s portal to the crypto economy

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The use of cryptocurrency in sub-Saharan Africa, particularly among its young people, cannot be overstated. Data from blockchain...
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Identitypass, an identity verification API for Africa, raises $2.8M seed funding

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Mobile penetration in Africa is growing impressively at about 46% as more people come online for the very first time....
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Startups

Egypt’s Mylerz raises $9.6M for its e-commerce fulfillment service, eyes Africa-wide growth

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Mylerz, a Cairo-based e-commerce fulfillment startup, plans to enter three new markets in North Africa and expand across...
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Startups

Manara gets $3M to grow tech talent pool in the Middle East and North Africa

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Edtech startup Manara has raised $3 million in pre-seed funding for its cohort-based training ­­platform geared toward growing the tech-talent...
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Bboxx reportedly acquires Ghana’s PEG Africa for $200 million

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Bboxx, a London-headquartered cleantech startup that provides clean energy in Africa, has reportedly acquired PEG Africa, another cleantech...
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Startups

Zenda gets $9.4M to streamline school fee payment and management

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Zenda, a UAE-based startup looking to change how parents pay school bills, and the way educational institutions manage...
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Nigeria’s Etap gets $1.5M pre-seed to make buying car insurance easier

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Only 21% of the 12 million registered vehicles on Nigerian roads have genuine motor insurance, as the rest...
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Startups

Zambian card-issuing startup Union54 raises $12M led by Tiger Global

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Zambian card-issuing fintech Union54 has raised $12 million in a seed extension round led by Tiger Global. Other participating investors...
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alGROWithm is building Africa’s first growth talent accelerator

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alGROWithm, a Nigeria-based growth agency is building Africa’s first growth talent accelerator. The Growth Talent Accelerator Programme (GTAP)...
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Startups

Bitsika wants you to socialise while spending your money

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Companies around the world are building products where social engagement flows seamlessly with the product’s main functionality....
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Startups

OkHi gets $1.5M seed extension to scale its smart address verification service across Africa

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It can be challenging to prove or navigate addresses in Africa due to poor addressing infrastructure. And for some...
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Startups

Stax gets $2.2M for its app that lets Africans make transactions via automated USSD codes

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Stax, a startup that allows Africans to buy airtime, send and request money, and transfer funds between accounts...
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Egyptian B2B e-commerce platform Cartona raises $12M to scale and explore new verticals

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Startups that solve the supply-chain and operational challenges of players in the fast-moving consumer goods (FMCG) industry —...
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The Fashion Kingdom, an Egyptian fashion e-commerce startup, raises $2.6M in seed funding

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Image Credits: The Fashion Kingdom The Fashion Kingdom (TFK), an Egyptian e-commerce marketplace for fashion, beauty and...
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Nigeria’s Kwik launches e-commerce solution for African businesses

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Kwik, a Nigerian startup known for its on-demand B2B logistics service, has entered the growing e-commerce market in Africa...
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MAX partners with Yamaha to expand operations across the continent

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Following their recent milestone of 100 million kilometres, Max has announced a partnership with Yamaha’s Nigerian subsidiary,...
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