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Startup
217 posts
Kenya’s Beauty Startup Uncover Skincare Secures $1 Million In Seed Funding To Scale Its Operations And Expand To Nigeria
Catherine Lee (Left), Jade Oyateru (Middle) and Sneha Mehta (Right) Thanks to a growing young and beauty-conscious population,…
Ugandan Ride-hailing Startup Safeboda Exits The Nigerian Market
A Safeboda driver pictured with his passenger Ugandan ride-hailing company Safeboda has announced its exit from the Nigerian…
Kenya-based Badili Secures Pre-Seed Funding Of $2.1 Million
Kenya is one of Africa’s fastest-growing mobile phone markets, making it a hot spot for businesses looking to…
Kenya’s First EV Taxi Service NopeaRide Shuts Down
NopeaRide, Kenya’s first fully electric taxi service is leaving the market after its parent company EkoRent OY failed…
Nigerian Female-led Fintech Pivo Secures $2 Million In Seed Funding
Pivo, a Nigerian female-led startup that provides freight carriers with a bank account, debit card, and digital invoicing…
Djamo, A Consumer Finance App, Raises $14 Million In Funding To Fuel Francophone Africa Expansion
Consumer finance app Djamo has secured $14 million in what is the largest-ever equity round in Ivory Coast.…
Nigeria’s Paystack Receives PSP License From Kenya’s Apex Bank
The Central Bank of Kenya (CBK) has awarded Stripe’s acquisition and subsidiary business, Paystack with a payment service…
Online Brokerage Platform Baraka Secures $20 Million In A Round Led By Valar Ventures
Baraka, a commission-free investment platform based in the Middle East, has secured $20 million in a Series A…
Modus Africa, An AI And Blockchain-focused $75 Million Fund Has Been Launched In Africa
Modus, a New York-based venture platform has launched a venture capital fund for startups in the AI and…
The IFC Wants To Back Early-stage Startups In Africa, Asia, And The Middle East With A Newly-launched $225 Million Platform
The International Finance Corporation (IFC) announced today that it has launched a $225 million platform targeted at backing…
