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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 721902 | Tags:

Legatum Center launches inaugural Legatum Foundry Fellowship for entrepreneurs in Africa
Published: 11-05-2021 | 11:18:56 | By: Bob Koigi
At an inflection point in their entrepreneurial journeys, Fellows will learn from MIT faculty, connect with investors, and expand their network of peer innovators.


West Africa's Uhuru Investment Partners closes growth fund at $113m with capital support from CDC
Published: 05-05-2021 | 12:18:00 | By: Pie Kamau
Uhuru Investment Partners (Uhuru), a middle-market private equity firm based out of Lagos and Abidjan, announced the first close of Uhuru Growth Fund I (UGF) at $113 million, with capital support from CDC Group.


Accenture invests in Nigerian fintech startup Okra
Published: 27-04-2021 | 15:47:20 | By: Pie Kamau
Accenture announced an investment, through Accenture Ventures, in Nigeria-based fintech company Okra, an open finance data infrastructure startup serving the rapidly expanding African financial services market.


Nigerian last-mile delivery startup Kwik Delivery releases Prestashop plugin
Published: 20-04-2021 | 10:50:00 | By: Pie Kamau
After the release of its plugins for Shopify and Magento, Kwik Delivery has released its plugin for Prestashop.


Pan-African fintech platform Appzone secures $10m Series A funding
Published: 12-04-2021 | 13:12:00 | By: Pie Kamau
Appzone, the Pan-African fintech software provider building proprietary solutions for the continent’s banking and payments industries, announced the close of its $10 million Series A round.


Nigerian tech start-up Newwaves Ecosystems launches Africa’s first virtual meeting solution
Published: 02-04-2021 | 08:14:17 | By: Bob Koigi
Known as Konn3ct, the new App was developed by a young company, called Newwaves Ecosystems, led by former Chams Nigeria executive, Femi Williams.


Insurtech startup Curacel secures $450K pre-seed funding to drive insurance inclusion in Africa
Published: 30-03-2021 | 12:53:00 | By: Pie Kamau
Curacel, an AI-powered platform for claims processing and fraud management in Africa, raised a $450,000 pre-seed funding in a round led by Atlantica Ventures and Consonance.


[Nigeria] Kwik Delivery closes $1.7 million financing round to fund expansion
Published: 19-03-2021 | 15:44:32 | By: Bob Koigi
Nigerian last-mile delivery startup Kwik Delivery has announced that it has closed its pre-Series A financing round. The company successfully raised $ 1.7 million in equity from institutional and high net worth investors.


Nigerian fintech startup Team Apt launches internship program to support women in tech
Published: 18-03-2021 | 12:33:00 | By: Pie Kamau
Nigerian fintech startup Team Apt has launched an internship program to support women in Technology. The program will run for six months providing a platform for young women to grow their skills.


Kenyan startup Ajua, MTN Nigeria launch Customer Management mobile app for SMEs
Published: 15-03-2021 | 16:01:00 | By: Pie Kamau
Kenyan based startup Ajua has partnered with MTN Nigeria to launch EnGauge, a digital e-Commerce customer engagement management mobile app to support SMEs.


Nigerian startup Kwik Delivery officially launches its just-in-time delivery service in Abuja
Published: 15-03-2021 | 15:25:00 | By: Pie Kamau
Nigerian startup Kwik Delivery announced it officially made available its breakthrough, just-in time delivery service to businesses, government agencies and merchants in Abuja.


Nigerian fintech startup Flutterwave raises $170 million to develop complementary innovative products
Published: 11-03-2021 | 05:50:46 | By: Bob Koigi
Founded by entrepreneur Olugbenga Agboola in 2016, the company’s valuation is considered to be valued at more than $1 billion.


Nigerian startup Kwik Delivery expands its delivery service to 4-wheels vehicles
Published: 02-03-2021 | 15:28:39 | By: Pie Kamau
Kwik Delivery has announced today that it is expanding its app-based breakthrough delivery service to 4-wheels delivery vehicles.


Union Bank of Nigeria to support startups through UnionX Innovation Challenge
Published: 26-02-2021 | 15:09:00 | By: Pie Kamau
Union Bank, one of Nigeria’s foremost financial institutions, has unveiled the 2021 UnionX Innovation Challenge, as part of efforts to support young startups and boost innovation in the startup ecosystem.


Adjuvant Capital announces $300m venture fund to improve global public health
Published: 19-02-2021 | 12:32:00 | By: Pie Kamau
Adjuvant Capital announced an oversubscribed $300 million fund focused on accelerating the development of medical innovations for historically overlooked public health challenges.


Kenyan fintech startup Popote Payments raises funding from GreenHouse Capital
Published: 09-02-2021 | 08:19:10 | By: Pie Kamau
Kenyan fintech startup Popote Payments has raised an undisclosed amount of funding from Lagos-based fintech investment company GreenHouse Capital.


Echelon Capital to invest $1 million in early-stage tech startups in Nigeria
Published: 25-01-2021 | 13:29:00 | By: Pie Kamau
Echelon Capital has announced plans to inject $1 million in funding in Nigerian tech startups beginning February 2021.


[Startup Interview] Ted Martynov, Founder and CEO, CARMA, Nigeria
Published: 08-01-2021 | 09:26:00 | By: Bob Koigi
CARMA is an African-based startup offering proprietary decentralized technology allowing lenders to get more value by accessing data on a real-time basis. While non-lending organizations can also monetize their data which will increase their number of lenders.


54gene, Kobo360, myFanPark, Sokowatch among 12 startups to win AppsAfrica Awards 2020
Published: 16-12-2020 | 15:29:00 | By: Pie Kamau
54gene, Kobo360, myFanPark and Sokowatch have been named among the 12 winners of AppsAfrica Awards 2020. The awards celebrates the best startups in mobile and tech from across Africa.


[Startup Interview] James Adebisi, Founder, Xpora Academy, Nigeria
Published: 15-12-2020 | 09:41:00 | By: Bob Koigi
Xpora Academy is a Nigeria-based e-learning platform that equips the youth with in-demand digital skills relevant to the present and future of work.


InfraCredit secures $27m investment to unlock infrastructure finance in Nigeria
Published: 14-12-2020 | 16:56:00 | By: Pie Kamau
InfraCredit, a specialised local currency infrastructure credit guarantee institution, announced the completion of $27 million equity investment from InfraCo Africa.


Nigerian logistics startup Kobo360, IFC invite for innovative cooling solution projects in Nigeria
Published: 09-12-2020 | 08:58:00 | By: Pie Kamau
IFC, a member of the World Bank Group, in partnership with Kobo360, an African digital logistics platform, announced an open call for innovators from around the world to bring climate-smart, temperature-controlled logistics (TCL) cooling solutions to Nigeria.


Nigerian Fintech startup CredPal raises $1.5m funding round
Published: 07-12-2020 | 19:24:00 | By: Pie Kamau
Nigerian consumer credit startup CredPal raised a $1.5million funding round, as the startup prepares to launch its credit cards for consumers in Nigeria.


Nigerian mobility startup Plentywaka expands car-hailing service in Delta State
Published: 25-11-2020 | 15:52:20 | By: Pie Kamau
Nigerian mobility startup Plentywaka, announced the launch of a new car-hailing service, Wakacab in Asaba and Warri Delta State, borne out of the need to expand and improve on the limited transport links in southern Nigeria.


Kwik Delivery startup partners with Total on e-commerce fulfilment and delivery service in Nigeria
Published: 23-11-2020 | 07:44:26 | By: Pie Kamau
Nigerian e-commerce startup Kwik Delivery has partnered with Total Nigeria, to develop an e-commerce fulfilment and delivery service in Nigeria.


Africa-focused VC fund Outlierz Ventures invests in three Nigeria startups
Published: 16-11-2020 | 12:56:28 | By: Pie Kamau
Africa-focused Morocco-based B2B VC fund Outlierz Ventures has announced new investments into three Nigerian startups - Bamboo, Youverify and Healthlane.


Nigerian HR startup SeamlessHR raises seven-figure funding to expand across Africa
Published: 09-11-2020 | 09:30:00 | By: Pie Kamau
Nigeria’s HR startup SeamlessHR has closed a seven-figure deal as it seeks to expand across other African markets.


African startups more investible now than ever
Published: 09-11-2020 | 09:20:00 | By: Pie Kamau
Africa’s startups have never been more investible than now. There is a growing number of professional ‘super angels’ involved in record-breaking deals, and private equity investments have doubled since last year.


Nigerian CcHUB acquires Kenyan edTech startup eLimu
Published: 04-11-2020 | 08:46:00 | By: Pie Kamau
Kenya’s technology Incubation and Accelerator space iHub owned by Co-creation Hub (CcHUB) has announced the acquisition of edtech startup and digital educational content provider eLimu.


Nigerian rental financing startup Kwaba secures funding from Ingressive Capital for expansion
Published: 03-11-2020 | 15:42:27 | By: Pie Kamau
Ingressive Capital, a $10 million VC fund targeting early-stage startups across Sub-Saharan Africa, announced its investment in Nigerian rental financing startup Kwaba.


Stripe acquires Nigeria's fintech startup Paystack to accelerate online commerce across Africa
Published: 16-10-2020 | 08:58:00 | By: Pie Kamau
Stripe has entered into an agreement to acquire Paystack, a fintech startup based in Lagos, to make it easy for organizations of all sizes to collect payments from around the world, and help increase Africa’s online GDP.


Nigerian mobility startup MAX.ng partners with DLM Capital to transform transportation finance in Africa
Published: 01-10-2020 | 09:09:00 | By: Pie Kamau
Metro Africa Xpress, a mobility platform in Nigeria and West Africa, announced the successful issuance of a ₦400m 1-year fixed-rate notes under its newly structured ₦10bn/$22m Private Company Bond program.


Airsmat raises $100,000 investment to deepen AI application in agriculture
Published: 25-09-2020 | 09:33:19 | By: Bob Koigi
AirSmat, a Nigeria-based Pan-African Software company, has received a boost of $100,000 from Zetogon as pre-seeding investment to help the organization on the journey to deliver world-class service in Africa.


ARM launches API service for fintech startups in Nigeria
Published: 22-09-2020 | 09:33:00 | By: Pie Kamau
Nigeria's financial services provider ARM launched ARM Sandbox, a new and more efficient way for fintechs to scale their integration and customer acquisition plans.


Nigerian e-commerce startup Kwik Delivery releases WooCommerce plugin, enabling 2-hour deliveries for online merchants
Published: 15-09-2020 | 12:07:00 | By: Pie Kamau
Nigerian e-commerce startup Kwik Delivery released a WooCommerce plugin, enabling thousands of Nigerian online merchants to integrate seamlessly its delivery service to their WordPress online stores.


Digital Horizon invests in Nigerian health startup Healthlane
Published: 02-09-2020 | 09:55:45 | By: Pie Kamau
Digital Horizon venture fund has invested in Y Combinator alumnus Healthlane, the startup focusing on modern, online consultations for local and remote patients, alongside traditional face-to-face public health services across Africa.


Nigeria Climate Innovation Centre incubates 12 renewable energy startups
Published: 20-08-2020 | 15:51:09 | By: Bob Koigi
Twelve renewable energy start-ups have successfully completed a 16-week incubation program run by the NCIC and funded and supported by off-grid energy impact investment company All On.


Nigerian mobility startup Plentywaka raises $300,000 investment as it expands into Abuja
Published: 06-08-2020 | 15:19:00 | By: Pie Kamau
Nigerian mobility startup Plentywaka secured a pre-seed investment led by Emfato, Microtraction, and Niche Capital worth $300,000.


African startups win big at the 2020 SUN Pitch competition
Published: 30-07-2020 | 15:45:00 | By: Bob Koigi
The founder of Baby Grubz Nigeria, Oluwaseun Sangoleye, led Africa in winning this year’s 2020 SUN Pitch Competition.


AWIEF launches Enterprise Development for Women-Owned Ventures in Green Energy Startup Incubator
Published: 14-07-2020 | 08:36:00 | By: Pie Kamau
The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has launched “Enterprise Development for Women-Owned Ventures in Green Energy” and announces the call for applications for Startup Incubator in Malawi and Nigeria.


Catalyst Fund announces seventh cohort of inclusive fintech startups
Published: 09-07-2020 | 15:35:37 | By: Bob Koigi
Catalyst Fund, the global inclusive fintech accelerator, has announced that six new fintech startups, from Nigeria, South Africa, Mexico and India are joining its existing portfolio of 31 companies.


Nigeria's FCMB, Passion Incubator partner to launch FCMB Agritech Epic Pitch 2020
Published: 07-07-2020 | 16:27:00 | By: Pie Kamau
Nigeria's First City Monument Bank (FCMB) has partnered with Passion Incubator, a Lagos-based early-stage incubator and accelerator that has invested in some Agritech startups, to launch the virtual edition of the FCMB Agritech Epic Pitch 2020.


GreenTec Capital invests in Nigerian wholesale e-commerce startup Pricepally
Published: 07-07-2020 | 15:34:25 | By: Pie Kamau
GreenTec Capital Partners announced its investment in Pricepally, an innovative digital Nigerian wholesale platform allowing users to purchase food and other products either individually or as a part of a group.


Nigerian fintech startup Wallets Africa raises undisclosed amount for African expansion
Published: 01-07-2020 | 15:54:00 | By: Pie Kamau
Nigerian fintech startup Wallets Africa has raised an undisclosed amount of funding to expand its operations and continue its quest to become Africa’s foremost borderless digital payments platform.


[Startup Interview] Ibrahim Abdullahi, CEO, NBE Consults, Nigeria
Published: 30-06-2020 | 13:17:00 | By: Bob Koigi
In Africa, the use of GIS and Remote Sensing as a tool for problem solving is still in its early stages especially for location based services.Nigeria-based NBE Consults is working to change this narrative.


[Startup Interview] Timi Oke, Founder, AgroEknor International, Nigeria
Published: 10-06-2020 | 10:53:00 | By: Bob Koigi
Timi Oke is the founder of AgroEknor International Limited in Nigeria that trades and exports processed agricultural products `agricultural products to clients in 9 different countries globally.


[Startup Interview] Yassir Ali, CEO, Hasania Foods, Nigeria
Published: 04-06-2020 | 17:05:00 | By: Bob Koigi
Hasania Foods Ltd, a startup in Nigeria is assisting farmers by adding value to a variety of agriculture products and introducing new ways of packaging foods. Yassir Ali the founder and CEO of the startup explains the model, the challenges and the plans to expand to West Africa.


Nigeria agriculture startup Tomato Jos secures €3.9 million financing to bolster growth
Published: 22-05-2020 | 15:14:43 | By: Bob Koigi
Tomato Jos, an agro-processing company focused on the local production of high-quality tomato paste for the African market, has completed a €3.9 million Series A round.


Nigeria fintech startup Carbon launches new social banking service
Published: 21-05-2020 | 11:04:00 | By: Bob Koigi
Carbon in an effort to improve the experience of its customers, has launched Carbon Express - A keyboard extension that allows customers to access Carbon services from within whatever app they are using.


Nigeria's Helium Health startup secures $10 million Series A financing round for market expansion
Published: 14-05-2020 | 14:21:00 | By: Pie Kamau
Lagos-based healthcare startup Helium Health has completed a $10 million Series-A funding round. Global Ventures and Africa Healthcare Masterfund (AAIC) co-led the investment round.


[Startup Interview] Bridget Bello, CEO, Debmark Allied Farms, Nigeria
Published: 07-05-2020 | 13:10:18 | By: Bob Koigi
Debmark Allied Farms, a Nigerian agriculture and manufacturing startup runs innovative solutions meant to curb food wastage that continues to take a toll on household incomes and national economy.


[Startup Interview] Richard Juwah, CEO, Richee Media, Nigeria
Published: 05-05-2020 | 08:20:00 | By: Pie Kamau
Richard Juwah is the CEO of Richee Media, a full service Social Media agency based in Nigeria with both local and international clientele.


[Startup Interview] Mathias Pwol, CEO, Trillaman Studio, Nigeria   
Published: 24-03-2020 | 12:21:00 | By: Bob Koigi
Mathias Pwol is the CEO and producer of Trillaman Studio, an entertainment and media startup based in Lagos Nigeria. It offers music production, radio jingles, adverts, documentary, movie sound productions services with a mission of supporting talents across Africa.


[Startup Interview] Adeniyi Atiba, Director, Dr.3pleA Company, Nigeria
Published: 04-03-2020 | 12:49:00 | By: Bob Koigi
Dr.3pleA Company is a tech startup domiciled in Nigeria that offers a host of services among them HR Management consulting, e-learning and provision of information on investment in real estate


[Startup Interview] Goodnews Chibuke, CEO, Dochase, Nigeria
Published: 04-03-2020 | 12:04:00 | By: Pie Kamau
Dochase is a Nigerian data startup that assists businesses understand their markets, clientele with a view to boosting their sales and customer numbers. Goodnews Chibuke the CEO talked to Africa Business Communities about the startup’s business model.


[Startup Interview] Babatunde Akin-Moses, CEO, Sycamore, Nigeria
Published: 26-02-2020 | 22:26:00 | By: Pie Kamau
Babatunde Akin-Moses is the CEO of Sycamore a Nigerian company offering peer to peer lending while connecting lenders to borrowers.


[Startup Interview] Boluwa Olojo, Marketing Officer, Go Ads Africa, Nigeria
Published: 18-07-2019 | 11:40:00 | By: Bob Koigi
Go Ads Africa is an advertising technology company that brings efficiency and granular pricing to the advertising scene. It relies on a hybrid Ad network that serves both digital and traditional media.


[Startup Interview] Fahim Saleh, Founder, Gokada, Nigeria
Published: 06-06-2019 | 11:37:00 | By: Bob Koigi
Fahim Saleh founded the Lagos-based transport service app, Gokada, in February 2018. He now holds the position of co-CEO alongside Ayodeji Adewunmi. Gokada has since become an accepted and often-used means of efficient transport in the populous city.