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LATEST ARTICLES
Startups
Ayoken raises $1.4M to grow its NFT marketplace for creatives
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May 31, 2022
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Ayoken, an NFT marketplace for creatives, has raised $1.4 million pre-seed funding to enable users grow their revenue...
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Betastore gets $2.5M to solve stockouts, financing challenges for informal retailers in West and Central Africa
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May 31, 2022
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About 80% of household retail in sub-Saharan Africa is delivered through informal channels, which perennially face several challenges like stockouts,...
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Crown Flour Mill’s economic contribution gets presidential recognition
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May 18, 2022
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Crown Flour Mill Limited (CFM), the wheat milling subsidiary of Olam International, an agribusiness firm, has won Nigeria’s National...
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Government-directed internet shutdowns in Africa threaten digital penetration and inclusive growth
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May 17, 2022
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Africa’s leaders say they want high standards of living, educated citizens, and a quality of life underpinned by science,...
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Safaricom declares $2.42 billion revenue, plans to launch commercial operations in Ethiopia this year
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May 17, 2022
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Safaricom, the largest telecommunications provider in Kenya, is set to launch commercial operations in Ethiopia later this year....
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CarePoint, a technology-driven healthcare startup, has raised $10 million bridge round to accelerate its growth across Africa, as it seeks to make healthcare accessible...
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May 17, 2022
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CarePoint, a technology-driven healthcare startup, has raised $10 million bridge round to accelerate its...
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Startups
Nigeria’s Topship raises $2.5M from Flexport and YC to help merchants with international shipping
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May 17, 2022
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African merchants encounter many challenges when it comes to international shipping, ranging from logistics and customs to...
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News
Twiga starts commercial farming, looking to guarantee quality, sustain supply
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May 17, 2022
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Twiga, a B2B e-commerce food distribution platform, has today announced the launch of its new subsidiary, Twiga Fresh,...
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Startups
MARA raises $23M from Coinbase Ventures and FTX to build Africa’s portal to the crypto economy
Mayor
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May 12, 2022
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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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Startups
Identitypass, an identity verification API for Africa, raises $2.8M seed funding
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May 12, 2022
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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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Egyptian B2B e-commerce platform Cartona raises $12M to scale and explore new verticals
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July 26, 2022
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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
Startups
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July 26, 2022
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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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July 26, 2022
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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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July 26, 2022
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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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