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B2B e-commerce platform Chari is acquiring the credit line of Axa Assurance in Morocco for $22M

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Moroccan B2B e-commerce and retail startup Chari has acquired Axa Credit, the credit branch of Axa Assurance Maroc, for $22 million, the...
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Startups

Jambo raises $7.5M from Coinbase, Alameda Research to build ‘web3 super app’ of Africa 

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Jambo, a Congo-based startup building Africa’s web3 user acquisition portal through “learn, play, earn” and democratizing access...
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Startups

Earnipay raises $4M to help employees in Nigeria get faster access to their salaries

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Earnipay, a fintech that provides flexible and on-demand salary access to income-earners, has raised $4 million in seed...
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Startups

Morocco’s Freterium grabs $4M to scale its freight trucking software across MENA

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In Africa and the Middle East, most companies in the freight industry still use old-fashioned methods such as...
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Startups

YC-backed Remedial Health raises $1 million pre-seed to digitize pharmacies in Nigeria

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Remedial Health has secured $1 million in pre-seed funding to digitize pharmacies and stem the supply of fake and...
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Startups

Kenyan insurtech startup Lami enters Malawi, DRC after acquiring Bluewave, eyes rest of Africa

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Kenyan insurtech startup Lami Technologies has acquired Bluewave Insurance Agency for an undisclosed amount as it seeks to make insurance...
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Startups

Casava gets $4M pre-seed to make insurance affordable and accessible to Nigerians

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African countries are yet to catch up with social security and safety programs commonly used in the West, where the...
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Startups

Norrsken, VCs and 30 unicorn founders set up $200M fund to back growth-stage startups in Africa

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Niklas Adalberth’s Norrsken Foundation is in the news again barely two months after opening its Norrsken House in Kigali, Rwanda,...
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Startups

Egyptian social commerce startup Brimore raises $25M led by IFC and Endure Capital

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The Egyptian social e-commerce market will be worth over $14.8 billion by 2024. The opportunity in the market can be attributed to...
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Startups

Nigeria’s AltSchool raises $1M pre-seed to build an alternative school for Africans

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The demand for software engineers is expected to grow by 22% between 2020 and 2030, according to a report by the...
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Startups

Nestcoin raises $6.5m pre-seed to deepen crypto and Web3 adoption in Africa

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Globally, cryptocurrency industry funding has been growing increasingly fast in the past couple of years. Last year alone,...
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Startups

How Touch and Pay (TAP) got 1.5 million Lagosians to adopt cashless bus rides

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It was a busy Thursday afternoon in one of Nigeria’s busiest cities — Lagos. Three young men...
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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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