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African insurtech startup, Curacel, raises $450k pre-seed to expand to 10 new African countries

Nigerian artificial intelligence insurtech startup, Curacel, has announced a $450,000 pre-seed raise led by Atlantic Ventures and Consonance, with participation from Kepple Apple...

African startups can now apply for Extreme Tech Challenge (XTC) 2021

Nigerian-founded early-stage VC firm, EchoVC, and Africa-focused venture capital company, Atlantica Ventures have partnered with a global innovation startup competition, Extreme Tech Challenge (XTC) to select...

Nigerian fintech of the unbanked Bankly raises $2M led by Vault

Nigeria remains a largely cash-dominated country. There are over 100 million adult Nigerians, of which more than half have little or no access to financial services. 

YC-backed Termii raises $1.4m seed round to expand to North Africa

Nigerian-founded Communication Platform as a Service (CPaaS) startup, Termii has raised $1.4m seed round from African early-stage VC firm, Future Africa and  Africa-focused Japanese...

Nigerian fintech startup, Cowrywise, raises $3m pre-series A funding led by Quona Capital

Nigerian wealth management startup, Cowrywise, has announced that it has raised $3 million pre-series A funding. The round was...

Kenyan healthtech startup, Ilara Health, raises $3.75m Series A led by TLcom Capital

Kenyan healthtech startup, Ilara Health, has raised $3.75 million in Series A investment to expand its diagnostic reach across Africa.

54Gene unveils human genome sequencing lab in Nigeria

Nigerian health tech startup 54Gene has announced the completion of a lab capable of carrying out whole genome sequencing of humans.

Nigerian fintech startup, CredPal raises $1.5m for credit cards launch and expansion

Nigerian consumer fintech startup, CredPal, has announced its raise of $1.5 million in a recent funding round. The investors that...

Ivorian startup, Afrikrea, is building the online infrastructure for African culture commerce

Growing up in Mali, Moulaye Taboure was passionate about art and fashion. His studies took him to France, where he noticed that the people...

Startup Funding: A beautiful game that must be played with caution

When the statistics are reviewed, the irrefutable conclusion is that relative to other African countries, Nigerian startups have been very successful in...

4 months post-launch, Autochek raises $3.4m pre-seed to disrupt Africa’s automotive industry

Nigerian automotive tech company, Autochek Africa, has completed its pre-seed round of $3.4 million. The round was co-led by Lagos,...

UK-Nigeria Tech Hub kick-starts Future Females Business School Programme to support 50 Nigerian female entrepreneurs to grow their tech-based businesses.

The UK Nigeria Tech Hub, in partnership with Future Females has launched its Future Females Business School Programme to support 50 Nigerian...
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A Nigerian fintech startup serving solar providers secures $2m funding

Infibranches Technologies Limited, a Nigerian startup that provides digital payment services to solar energy providers, on Monday said...

Netflix launches free mobile plan in Kenya market

“If you’ve never watched Netflix before — and many people in Kenya haven’t — this is a great...

Standard Bank to Launch Innovation Lab with Amazon Web Services in SA

Standard Bank and Amazon Web Services (AWS) have announced an expansion of their strategic relationship to drive...

Egypt’s e-commerce startup Capiter raises $33m to expand across MENA region

Capiter, a Cairo-based B2B e-commerce solution startup, has raised a $33 million Series A round to power its...