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Big Cabal Media, parent company of TechCabal and Zikoko, raises $2.3M seed funding

African startups raised between $4 billion to $5 billion in 2021, according to various reports. For years, tech...

Sokowatch rebrands to Wasoko as it raises $125M Series B from Tiger Global and Avenir

Informal retail is king in Africa, with hundreds of billions of dollars of consumer goods sold through its channels yearly....

How Spleet became a fintech solution for tenants and landlords in Africa

When Akintola Adesanmi started Spleet in 2018, the original plan was to help common Africans, starting with Nigerians, find houses...

Ghanaian fintech Dash raises $32.8M seed to build connected wallets for Africans

Global financial transactions are facilitated mainly by payment processors such as Visa or Mastercard. They are responsible for...

Nigeria’s Sudo Africa raises $3.7M pre-seed for its card-issuing API platform

Sudo Africa, a fintech that provides a card-issuing API for developers and businesses in Nigeria, has raised $3.7...

MTN buys 144 plots of digital land, becoming first African company to enter the Metaverse

Today, Africa’s largest telecom company, MTN bought 144 plots of digital land in the Africarare metaverse Ubuntuland for an undisclosed...

M-KOPA raises $75M as it clocks 2 million customers across four African markets

A 2019 World Bank report says 85% of Africans live on less than $5.50 per day. A large percentage of...

Jumia reports record orders and revenue but investors remain unconvinced 

Share sell-offs continued today in the wake of public companies’ earnings reports, proving especially significant amongst firms...

CrowdForce raises $3.6M to increase access to cash for underserved communities in Nigeria

Nigeria has an average of 4.8 bank branches and 19 ATMs per 100,000 adults, compared to the world average of 13...

African fintech Flutterwave triples valuation to over $3B after $250M Series D

African fintech Flutterwave has raised $250 million in a Series D round that tripled the company’s valuation to over $3...

Egypt’s e-commerce platform Wasla nabs $9 million from retail finance provider Contact

Contact Financial Holding, Egypt’s non-bank consumer finance provider, has invested $9 million in the country’s ecommerce super-app Wasla, setting...

MoneyHash gets $3M to build a super-API for payment operations in Africa, Mideast

Large merchants, particularly those that operate in more than one geography, have to support an array of payments...
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Egyptian B2B e-commerce platform Cartona raises $12M to scale and explore new verticals

Startups that solve the supply-chain and operational challenges of players in the fast-moving consumer goods (FMCG) industry —...

The Fashion Kingdom, an Egyptian fashion e-commerce startup, raises $2.6M in seed funding

Image Credits: The Fashion Kingdom The Fashion Kingdom (TFK), an Egyptian e-commerce marketplace for fashion, beauty and...

Nigeria’s Kwik launches e-commerce solution for African businesses

Kwik, a Nigerian startup known for its on-demand B2B logistics service, has entered the growing e-commerce market in Africa...

MAX partners with Yamaha to expand operations across the continent

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