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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3746949 | Tags:





Kenyan insurtech startup Turaco acquires Ghana’s MicroEnsure
Published: 20-09-2023 | 12:57:00 | By: Pie Kamau
Turaco, the Kenyan insurtech startup, has acquired MicroEnsure Ghana from MIC Global.


Ghana bets on taxation of sugar-sweetened beverages to protect health sector
Published: 07-06-2023 | 10:15:00 | By: Bob Koigi
A new win for Ghana: 20% tax has been imposed on sugar-sweetened beverages (SSBs), including flavoured juice drinks, sweetened tea, sodas, and energy drinks.


GRASP fellowship invests in African women researchers
Published: 06-04-2023 | 12:15:00 | By: Bob Koigi
The Kenyan women, and others selected for the GRASP Fellowship, are set to participate in a series of interventions, including leadership and mentoring training, designed to enable them to become more effective policy practitioners


[Column] Darryl Pietersen: Improving innovation and technology for gender equality in Ghana
Published: 07-03-2023 | 13:10:00 | By: Pie Kamau
The digital revolution is fully underway, and the technology industry is reshaping our world. While it looks quite innovative and revolutionary from the outside, women remain a dramatically underrepresented group.


[Interview] Jennifer Feaster, Speaker, YouTube Creators Festival
Published: 23-11-2022 | 10:07:00 | By: Bob Koigi
Jennifer Feaster is a Managing Partner at Age Africa, an agency that combines data and creativity to develop performance driven YouTube channels, with unique content optimized for success.


Canadian B2B automotive trading startup TRADE X opens a trade route in Ghana
Published: 22-11-2022 | 11:11:00 | By: Pie Kamau
TRADE X, a B2B cross-border automotive trading platform with its headquarters in Ontario, Canada, announced it has opened a new trade route in Ghana, strengthening the company's presence in Africa.


GhanaWeb, Age Africa Agency sponsor YouTube Creators Festival in Ghana
Published: 17-11-2022 | 06:50:00 | By: Pie Kamau
Ghana’s leading online media platform, GhanaWeb, and Age Africa Agency, the foremost YouTube agency with a Multi-Channel Network (MCN) in Africa, are co-sponsoring the second edition of the YouTube Creators Festival.


Ghana women livestock owners boost animal health with vaccine project
Published: 28-10-2022 | 10:30:00 | By: Bob Koigi
The project has recruited two female vaccinators to vaccinate animals. These vaccinators are supported by 105 women ‘lead farmers’ or AHSPs, who aid in mobilizing other women and deliver vaccines to group members.


Ghanaian agritech startup Farmerline raises $1.5m from Dutch investor Oikocredit
Published: 27-09-2022 | 15:59:00 | By: Pie Kamau
Ghanaian agritech startup Farmerline announced the second close of a Pre-Series A investment raise with an additional $1.5 million investment from Dutch social impact investor Oikocredit.


Ghanaian fintech SecondSTAX raises $1.6m pre-seed funding to expand to other countries
Published: 27-09-2022 | 15:45:00 | By: Pie Kamau
Ghanaian fintech SecondSTAX (Secondary Securities Trading and Aggregation eXchange), announced it has raised $1.6 million in pre-seed funding from private investors and venture capital firms, including LoftyInc Capital and STEMeIn.


Ghanaian health tech startup mPharma acquires majority stake in Nigeria’s HealthPlus
Published: 19-09-2022 | 09:50:00 | By: Pie Kamau
Ghanaian health tech startup mPharma has acquired a majority stake in HealthPlus, a pioneer pharmacy chain in Nigeria.


Nigerian Lab testing startup HealthTracka raises $1.5m funding for expansion to Kenya and Ghana
Published: 27-06-2022 | 11:31:00 | By: Pie Kamau
Nigerian at-home lab testing startup HealthTracka has raised $1.5 million in funding to expand its operations into Kenya and Ghana. The pre-seed funding which was led by Ingressive Capital.


AfricArena partners with FMO to accelerate tech startups in Ghana, Morocco and Tanzania
Published: 15-06-2022 | 11:01:00 | By: Pie Kamau
AfricArena, the African series of tech events, announced a partnership with FMO Ventures Program, the Rise Open Innovation Challenge, which focuses on accelerating the growth of startups looking to improve the state of Africa.


MaC Venture Capital closes out $5.6m seed round of African startup AMP Global with $2m investment
Published: 30-05-2022 | 12:04:00 | By: Pie Kamau
MaC Venture Capital, an LA-based seed-stage VC that invests in visionary founders, closed out the $5.6 million Seed round of African startup AMP Global Technologies, with a healthy $2 million investment.


Shirley Somuah named partner at African private equity fund manager CardinalStone Capital
Published: 07-04-2022 | 16:02:00 | By: Pie Kamau
African private equity fund manager, CardinalStone Capital Advisers (CCA), has appointed Shirley Somuah as a Partner, as it strengthens its presence in Ghana with a new office opening in Accra in Q2.


Ghanaian fintech startup Dash closes $32.8m seed round to create a unified payments app for Africans
Published: 15-03-2022 | 10:04:00 | By: Pie Kamau
Dash, the unified and accessible payments app, announced it has raised $32.8 million in an oversubscribed seed round, one of the largest seed rounds for an African technology startup.


Achieving inclusive cocoa and palm oil commercialization in West Africa
Published: 11-02-2022 | 11:30:00 | By: Bob Koigi
Abugre also noted that questions remain with regards to the future of cocoa production given global price trends, climate change, farmers stepping into the sector, and income distribution effects at the local level.


Ghana health-tech startup mPharma secures $35 million funding for expansion
Published: 06-01-2022 | 12:34:15 | By: Bob Koigi
Ghanaian health tech startup mPharma has raised $35 million in a Series D round led by Citigroup Inc.


Crypto Valley Venture Capital initiates investment strategy to build blockchain accelerator for African startups
Published: 18-11-2021 | 10:32:00 | By: Pie Kamau
African blockchain disruptors and early-stage startups have joined CV Labs Global Incubation Program Batch 03. The African contingent of incubatees is reflective of Crypto Valley Venture Capital’s (CV VC) global investment strategy.


Four Ghanaian startups join the Catalyst Fund Inclusive Digital Commerce accelerator
Published: 02-11-2021 | 12:01:00 | By: Pie Kamau
Four startups from Ghana have joined The Catalyst Fund Inclusive Digital Commerce Accelerator, a programme that supports innovators building digital commerce solutions.


Nigerian mobility startup Plentywaka raises $1.2m seed funding, acquires Ghana’s Stabus
Published: 24-08-2021 | 14:49:00 | By: Pie Kamau
Nigerian mobility startup Plentywaka raised $1.2 million seed round, after successfully ending the Techstars Toronto Accelerator Program in July 2021. The startup also announced it has fully acquired Ghana’s mobility startup Stabus.


Ghanaian startup Plendify launches B2B e-Commerce marketplace
Published: 17-08-2021 | 12:29:00 | By: Pie Kamau
Ghanaian startup Plendify has launched a B2B e-Commerce marketplace to connect customers with small and large African wholesalers, manufacturers, exporters, and importers.


Tech startup Sport Source launches two-way marketplace to discover and book physical activity spaces
Published: 05-08-2021 | 13:24:15 | By: Pie Kamau
Sport Source, the tech startup that connects people with available facilities in their area to participate in the activities they love; basketball, tennis, swimming and more, announced its launch in the App Store.


Next-gen CX startup Dixa raises $105m Series C to transform customer service worldwide
Published: 30-07-2021 | 16:11:00 | By: Pie Kamau
Founded as a customer service solution that evolved into a customer engagement platform, European company Dixa announced a Series C funding round totaling $105 million.


Tech startup OneStream TV launches free streaming aggregator to battle streaming fatigue
Published: 30-07-2021 | 15:55:13 | By: Pie Kamau
Tech startup OneStream TV has launched a super streaming aggregator to allow consumers who are tired of paying for too many streaming services to use a single platform to discover thousands of free movies and tv shows.


PowerPublish recognized as top tech startup
Published: 30-07-2021 | 15:46:08 | By: Pie Kamau
PowerPublish, a virtual marketplace connecting brand marketers with journalists and writers, was recognized in annual list of top 10 tech startups.


Legaltech startup Hello Divorce raises $2m seed round to disrupt the broken divorce process
Published: 30-07-2021 | 15:33:00 | By: Pie Kamau
Hello Divorce, the legaltech platform for affordable, less-stressful divorces, announced a seed investment of $2 million led by disruptive tech investor CEAS.


Expert DOJO commits $5m to invest in female-founded African startups
Published: 30-07-2021 | 15:08:00 | By: Pie Kamau
Expert DOJO is committing $5 million fund to invest in early-stage African startups over the next 6-months. Expert DOJO will host the Africa-only cohort this September, marking the beginning of a long-term commitment.


Ampere to acquire technology startup OnSpecta to accelerate AI inference on cloud-native applications
Published: 29-07-2021 | 15:25:21 | By: Pie Kamau
Ampere Computing announced it has agreed to acquire AI technology startup OnSpecta, strengthening Ampere Altra performance with AI inference applications.


Payments startup Lithic raises $60m Series C as demand for card issuing platform surges
Published: 29-07-2021 | 15:10:00 | By: Pie Kamau
Lithic, the card issuing platform for developers, raised $60 million in Series C funding, bringing the company's total fundraising to $110 million.


HYPE GVA 2.0 NFTs startup MyLads seals €7.6m investment round
Published: 29-07-2021 | 14:55:00 | By: Pie Kamau
HYPE Sports Innovation, GVA 2.0 NFTs startup, MyLads, a player in Augmented Reality (AR) Sports Fan Engagement, has closed a €7.6 million Seed Investment Round led by Riva Technology and Entertainment (RTE).


Paxos adds Bank of America, Coinbase Ventures, Founders Fund & FTX to Series D funding round
Published: 29-07-2021 | 14:39:00 | By: Pie Kamau
Paxos, the first regulated blockchain infrastructure platform, announced it has added strategic investors including Bank of America, Coinbase Ventures, Founders Fund and FTX to its Series D round of funding.


Nigerian healthtech startup Field Intelligence expands into eleven new cities across East and West Africa
Published: 29-07-2021 | 14:26:00 | By: Pie Kamau
Nigerian healthtech startup Field Intelligence announced its expansion into Rivers, Edo, Kaduna, Kano, Enugu, Delta and Kwara States in Nigeria, and Eldoret, Mombasa, Kisumu and Naivasha in Kenya.


Connie Health startup secures additional $13m to scale its tech-enabled Medicare navigation platform
Published: 28-07-2021 | 15:41:00 | By: Pie Kamau
Connie Health, a tech-enabled consumer Medicare navigation platform helping Americans make more informed health and financial choices, announced a $13 million Series A round and begins operations in its second state, Texas.


Lithium-ion battery recycling and manufacturing startup Battery Resourcers appoints Kelly Kay to its Board of Directors
Published: 28-07-2021 | 15:20:00 | By: Pie Kamau
Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing startup announced the appointment of Kelly Kay to its Board of Directors.


Nobell Foods startup raises $75m Series B to introduce cheese made from plants
Published: 28-07-2021 | 15:08:00 | By: Pie Kamau
Nobell Foods startup announced it has raised $75 million to introduce delicious cheeses made from plant-derived dairy proteins, supporting its larger mission of creating a radically more humane and sustainable food system.


Healthtech VC firm Nina Capital announces five more investments, launches second fund set to reach €40m
Published: 28-07-2021 | 14:52:00 | By: Pie Kamau
Nina Capital, a specialized venture capital (VC) firm focused on health technology, announced its last five investments of its first fund and the launch of its second fund, Nina Capital Fund II FCRE.


South African payments startup Yoco raises $83m Series C funding to accelerate growth
Published: 28-07-2021 | 14:29:00 | By: Pie Kamau
South African payments startup Yoco has raised a Series C funding round of $83 million (R1.23 billion) to accelerate product development and reach more merchants in South Africa and beyond.


Virtual cycling startup Velocity secures $3.4m in seed round funding
Published: 27-07-2021 | 13:48:00 | By: Pie Kamau
Vision Quest Velocity LLC, an early-stage virtual cycling startup, announced it has raised $3.4 million in seed round funding, led by strategic financial partners.


UK-based legaltech startup Clara opens in Dubai following investment from DIFC FinTech Fund
Published: 27-07-2021 | 13:36:33 | By: Pie Kamau
Dubai International Financial Centre (DIFC), the global financial centre in the Middle East, Africa and South Asia (MEASA) region, announced it has invested in UK-based legaltech startup, Clara.


Investment firm NightDragon closes $750m growth fund as part of next-gen cybersecurity, safety, security and privacy platform
Published: 27-07-2021 | 13:16:00 | By: Pie Kamau
NightDragon announced the close of NightDragon Growth I, a new $750 million venture capital fund to invest in and advise late-stage and growth companies in the cybersecurity and privacy industry.


Pet startup Embark Veterinary raises $75m Series B funding to accelerate growth
Published: 27-07-2021 | 13:04:00 | By: Pie Kamau
Embark Veterinary, a global leader in dog genetics, announced $75 million in Series B funding, the biggest Series B for a pet startup to date.


Middle East startup Workfam joins disruptive tech portfolio of GELLIFY and Azimut
Published: 27-07-2021 | 12:20:00 | By: Pie Kamau
UAE based startup, Workfam, the employee engagement SaaS platform that supports organizations with their mission to create a happy, healthy, and highly engaged workforce, has joined the portfolio of GELLIFY.


Workflow startup Symbolic Frameworks launches from stealth to debut Protagonist, a visual and collaborative decision-making app
Published: 23-07-2021 | 16:47:00 | By: Pie Kamau
Symbolic Frameworks (Symbolic), a provider of workflow applications that help make idea generation, decision making, and prioritization more collaborative, faster and higher quality, is launching from stealth.


Hospitality tech startup Bbot raises $15m Series A to expand platform capabilities, improve support for restaurants
Published: 23-07-2021 | 15:57:00 | By: Pie Kamau
Bbot, a hospitality tech startup dedicated to simplifying and improving the ordering and payments process for restaurants, announced $15 million in Series A funding led by CRV.


MIT Undergrad startup Karleki launches after raising $450K venture capital
Published: 23-07-2021 | 15:41:00 | By: Pie Kamau
Karleki, an MIT undergrad startup has launched after raising $450K of venture capital from billionaire Eric Yuan, Cronos Ventures.


San Diego Angel Conference activates $1.7m in funding of innovative startups
Published: 23-07-2021 | 15:27:00 | By: Pie Kamau
San Diego Angel Conference (SDAC), has reached a significant milestone by collectively helping to raise $1.7 million for U.S. companies in the first six months of 2021.


Oxford Foundry partners with FMDQ Private Markets to accelerate Nigeria’s startup ecosystem
Published: 23-07-2021 | 15:13:00 | By: Pie Kamau
Oxford Foundry and FMDQ Private Markets have launched a global partnership to accelerate the growth of Nigeria’s startup ecosystem.


Canadian tech startup Edgehog secures $1.25m seed round to accelerate growth
Published: 22-07-2021 | 12:53:00 | By: Pie Kamau
Edgehog Advanced Technologies, developer of the world's best nanotextured, omni-directional, anti-reflective glass, announced the first closing of $1.25 million of its $2.5 million seed capital raise.


RAIsonance Inc. joins Microsoft for Startups program
Published: 22-07-2021 | 12:32:00 | By: Pie Kamau
RAIsonance Inc., a family of Artificial Intelligence/Machine Learning (AI/ML)-based technology companies headquartered in the Denver Tech Center, announced it has been named the newest member of Microsoft for Startups.


South Florida-based Ocean Azul Partners closes Fund II at over $40m
Published: 22-07-2021 | 12:18:00 | By: Pie Kamau
South Florida-based Ocean Azul Partners announced it has completed fundraising for its second fund with total commitments exceeding $40 million.


DLA Piper advises 4G Clinical in $230m growth equity investment from Goldman Sachs Asset Management
Published: 22-07-2021 | 12:03:00 | By: Pie Kamau
DLA Piper represented 4G Clinical, a cutting-edge randomization and trial supply management (RTSM) company serving the life sciences industry, in a growth equity investment of over $230 million from Goldman Sachs Asset Management.


Hong Kong-based insurtech startup YAS MicroInsurance features in TOP 10 of Plug and Play Insurtech Batch 5 startups
Published: 22-07-2021 | 11:55:14 | By: Pie Kamau
Hong Kong-based next-generation Insurtech startup YAS MicroInsurance, has been featured as one of the TOP 10 of the Insurtech Batch 5 in Plug and Play APAC, a well-known global startups accelerator and innovation platform.


BimaLab accelerator programme launches to support Insurtech startups in Kenya
Published: 22-07-2021 | 11:41:25 | By: Pie Kamau
FSD Africa, the Insurance Regulatory Authority (IRA) and Tellistic Technology Services have launched BimaLab, a KES 5.3 million accelerator programme designed to support insurance startups in Kenya.


Agritech startup Adaviv raises $2.3m seed round to scale its AI-driven plant intelligence platform for indoor farming
Published: 21-07-2021 | 13:32:00 | By: Pie Kamau
Adaviv, a cultivation technology company surfacing actionable insights for Controlled Environment Agriculture, announced the raise of $2.3 million in an oversubscribed Series Seed financing led by Delta Emerald Ventures.


TDK Ventures backs metal additive manufacturing startup, Fabric8Labs
Published: 21-07-2021 | 13:21:00 | By: Pie Kamau
TDK Corporation announced that subsidiary TDK Ventures Inc. will back Fabric8Labs, marking its second investment in the additive manufacturing space and first in metal printing.


BIND 4.0 opens sixth call for innovative tech startups around the world
Published: 21-07-2021 | 13:07:00 | By: Pie Kamau
The Open Innovation & Acceleration Program, BIND 4.0, has just launched its sixth edition open call to search for the most innovative technology startups around the world.


Music marketplace Breakr raises $4.2m seed round to meet the growing demand for creator monetization tools
Published: 21-07-2021 | 12:52:00 | By: Pie Kamau
Breakr, a fast growing music marketing platform announced it has raised $4.2 million in seed funding to meet the rapidly growing demand for creator monetization tools and digital music promotion solutions.


Tech startup Properly raises $35m Series B financing to transform real estate experience In Canada
Published: 21-07-2021 | 12:37:00 | By: Pie Kamau
Properly, the Canadian tech-enabled real estate brokerage, announced $35 million in Series B financing to fuel a national expansion across Canada's $400 billion real estate market.


South Korean AI startup Lunit secures investment from Guardant Health
Published: 20-07-2021 | 15:28:58 | By: Pie Kamau
Lunit, an AI startup in AI-powered cancer solutions, announced a strategic investment of $26 million from a precision oncology company, Guardant Health.


Zing Health startup joins ConnectureDRX platform to simplify path to Medicare enrollment
Published: 20-07-2021 | 15:11:00 | By: Pie Kamau
Zing Health has partnered with ConnectureDRX, a healthcare software company, to give insurance brokers and consumers a superior experience for choosing the Medicare Advantage plans that best fit each beneficiary's needs.


Venture-backed platform eMerge Americas closes investment round led by Florida Funders
Published: 20-07-2021 | 14:56:07 | By: Pie Kamau
eMerge Americas, a venture-backed platform focused on transforming Miami into the tech hub of the Americas, announced the closing of an investment round led by Florida Funders.


Renaissance Venture Capital closes $77.5 m fourth fund
Published: 20-07-2021 | 14:44:00 | By: Pie Kamau
Renaissance Venture Capital has closed its fourth fund with $77.5 million of new capital. Since it opened in 2008, Renaissance has raised over $280 million, making it the largest "fund of funds" of its kind in the United States.


Egyptian social e-Commerce startup Taager raises $6.4m seed round
Published: 20-07-2021 | 14:28:00 | By: Pie Kamau
Taager, an Egyptian social e-Commerce startup raised a $6.4 million seed funding round to help it scale its platform and expand across the Middle East.


OneScreen.ai startup closes $1m pre-seed round to fix the broken out-of-home (OOH) advertising industry
Published: 16-07-2021 | 15:22:00 | By: Pie Kamau
OneScreen.ai, a startup that is solving in out-of-home (OOH) advertising problem, closed $1 million in pre-seed funding.


Dragonboat closes $3m seed round to bring product portfolio management to outcome focused teams
Published: 16-07-2021 | 15:04:00 | By: Pie Kamau
Dragonboat, the Product Portfolio Management platform, announced a $3 million seed round by Act One Ventures, Roble Ventures and GingerBread Capital.


Israeli Start-Up Nation Central appoints Avi Hasson as new CEO
Published: 16-07-2021 | 14:45:52 | By: Pie Kamau
Start-Up Nation Central, the independent not-for-profit organization connecting global corporations, investors, and governments to the Israeli tech innovation ecosystem, announced the appointment of Avi Hasson as its next Chief Executive Officer.


LearnWorlds secures $32m in growth funding to help educators create and sell online courses
Published: 16-07-2021 | 14:32:00 | By: Pie Kamau
LearnWorlds, an all-in-one platform for creating and selling online courses, has secured a $32 million minority investment by global venture capital and private equity firm Insight Partners.


Wearable robotics startup Verve Motion raises $15m Series A funding
Published: 16-07-2021 | 14:16:00 | By: Pie Kamau
Wearable robotics startup Verve Motion has raised $15 million in Series A funding, led by Construct Capital as well as follow-on investments from existing investors, Founder Collective, Pillar VC, Safar Partners, OUP, and a number of angel investors.


Danish fintech startup HelloFlow raises $1.6m for its no-code KYC and client onboarding solution
Published: 15-07-2021 | 12:54:00 | By: Pie Kamau
HelloFlow, a Danish fintech startup, has closed a $1.6m Seed round led by a Danish VC PreSeed Ventures, and UK-based, Seedcamp.


Fintech startup Marco closes $82m seed round to supercharge growth
Published: 15-07-2021 | 12:41:00 | By: Pie Kamau
Marco, the first tech-enabled financing platform built for small and medium-sized exporters in the United States and Latin America, announced it has raised $82 million in seed funding.


unybrands startup raises $300m in growth capital to acquire and scale e-Commerce businesses
Published: 15-07-2021 | 12:30:00 | By: Pie Kamau
unybrands, an integrated platform for e-Commerce businesses looking to scale their operations on and off Amazon, announced the closing of up to $300 million in growth capital with Crayhill Capital Management.


Subscription social media startup Fanbase unveils 25 member Creator Advisory Board
Published: 15-07-2021 | 12:15:00 | By: Pie Kamau
Fanbase, the subscription-based social platform, unveiled its Creator Advisory Board members.


Nigerian fintech startup Lidya raises $8.3m pre-Series B funding round
Published: 15-07-2021 | 12:08:00 | By: Pie Kamau
Nigerian fintech and lending startup Lidya announced the completion of its $8.3 million pre-Series B funding round. Alitheia Capital led the investment through its uMunthu Fund with the participation of Bamboo Capital Partners.


Frisco-based startup Apty raises $7.5m Series A funding to grow its DAP software
Published: 14-07-2021 | 13:03:00 | By: Pie Kamau
Digital Adoption Platform (DAP) Apty secured $7.5 million in Series A funding. Apty develops DAP software catering to Enterprises with complex business processes, enabling them to maximize the adoption of software and processes.


Agritech startup GrowFlux selected to join Wells Fargo Innovation Incubator program
Published: 14-07-2021 | 12:48:00 | By: Pie Kamau
The Wells Fargo Innovation Incubator, a technology incubator and platform funded by the Wells Fargo Foundation, has selected GrowFlux and four other startups to participate in the program's ninth cohort.


IFC invests €15m in private equity fund Avallon MBO to support mid-cap businesses in Poland
Published: 14-07-2021 | 12:33:00 | By: Pie Kamau
Mid-cap enterprises in Poland will have increased access to growth equity, with an IFC investment aiming to help them tackle the impact of COVID-19 while creating jobs and accelerating growth.


Banque Misr partners with Microsoft to support fintech startups in Egypt
Published: 14-07-2021 | 12:11:00 | By: Pie Kamau
Banque Misr signed a Memorandum of Understanding (MoU), with Microsoft Egypt to launch the first open innovation program in the Egyptian market, enabling a spurt in fintech startup growth.


Kenyan startup Marketforce appoints Ore Omolaja as Country Manager, Head of Business for Nigeria
Published: 14-07-2021 | 12:06:00 | By: Pie Kamau
Marketforce, the Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa, announced the appointment of Ore Omolaja as the Nigeria Country Manager and Head of Business, effective 15th July 2021.


Kenyan startup MarketForce raises $2m pre-Series A to scale B2B retail marketplace, RejaReja
Published: 14-07-2021 | 12:00:00 | By: Pie Kamau
MarketForce, the Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa, announced a $2 million pre-Series A round, bringing total funding to-date to $2.5 million.


South African startup Omnisient raises $1.4m for global expansion
Published: 14-07-2021 | 11:53:00 | By: Pie Kamau
Omnisient, a secure data collaboration platform, has achieved its second raise this year totalling $1.4 million. The investments will be used to expand the Omnisient team, accelerate product development and drive international expansion.


Miami-based startup GathR Virtual Studios raises $2.7m to evolutionize hybrid working
Published: 12-07-2021 | 16:09:00 | By: Pie Kamau
Miami-based startup, GathR Virtual Studios completed a pre-seed round to fund its innovative take on the widely used two-dimensional home-office meeting "apps" made popular during the COVID-19 shutdown.


FDJ announces partnership with Plug and Play Brand & Retail France
Published: 12-07-2021 | 15:29:00 | By: Pie Kamau
FDJ announced the beginning of a partnership with Plug and Play, world's open innovation platform.


Absci acquires CerraCap Ventures portfolio company Totient
Published: 12-07-2021 | 15:22:48 | By: Pie Kamau
CerraCap Ventures, an early-stage Venture Fund, announced acquisition of its portfolio company Totient by Absci for an undisclosed amount. The transaction is the second exit from CerraCap's investment fund, CerraCap II LP.


Hypersonic tech startup Velontra names Retired Major General Craig Whelden as its Inaugural President
Published: 12-07-2021 | 15:10:54 | By: Pie Kamau
Retired Major General Craig Whelden has been named the Inaugural President of Velontra, a startup with the mind power to accelerate America's development of hypersonic technology.


IFC invests in Vantage Capital’s mezzanine fund to support fast-growing companies in Africa
Published: 12-07-2021 | 14:56:00 | By: Pie Kamau
IFC announced an investment in a new mezzanine fund managed by Vantage Capital, a mezzanine funding provider on the continent, which will provide capital to fast-growing companies in Africa.


Outsource Accelerator secures $1.5m fund for expansion through strategic asset acquisition
Published: 08-07-2021 | 14:23:00 | By: Pie Kamau
Outsource Accelerator announced a $1.5 million special purpose fund for the acquisition of online web assets. The web assets will add significant online traffic to the portfolio and enhance the outsourcing marketplace's growing influence.


TampaBay.Ventures leads investment into Y Combinator graduate Procoto
Published: 08-07-2021 | 14:05:00 | By: Pie Kamau
TampaBay.Ventures has led an investment into St. Petersburg, Florida-based Procoto, a procurement and spend analysis platform for businesses.


Customer experience startup Officium Labs launches WorkForward brand
Published: 08-07-2021 | 11:24:59 | By: Pie Kamau
Officium Labs, a unique customer experience startup, has launched a new suite of enhanced workforce management (WFM) tools under the brand "WorkForward."


Seven South African legal startups to pitch for €10,000 grant
Published: 08-07-2021 | 11:08:00 | By: Pie Kamau
The Hague Institute for Innovation of Law (HiiL) kicked off its annual global Innovating Justice Challenge in search of the region’s best justice-related social entrepreneurs in March this year.


IFC’s TechEmerge partners with logistics startup Kobo360 to pilot sustainable cooling innovations in Nigeria
Published: 08-07-2021 | 11:02:00 | By: Pie Kamau
Eleven global innovators have been selected to partner with 15 leading Nigerian companies to pilot cost-effective, climate-smart technologies to strengthen the country's temperature-controlled logistics supply chain.


Alchemy Home Products startup launches The AutoSpout prevent basement flooding after heavy rains
Published: 07-07-2021 | 12:56:32 | By: Pie Kamau
Alchemy Home Products, a Salt Lake City startup, has created a new product that will help prevent basement flooding after heavy rains, The AutoSpout.


Photo and video editing app Prequel launches venture studio program to nurture early stage tech startups
Published: 07-07-2021 | 12:40:04 | By: Pie Kamau
Prequel, the creative photo and video editing app, announced the launch of Prequel Venture Studio (PVS), a program that will nurture early stage tech startups in the fields of AI, computer vision, and AR-based visual art.


Yes Lender acquires fintech startup Edge Funder to create AI-powered funding portal for small businesses
Published: 07-07-2021 | 12:24:00 | By: Pie Kamau
Yes Lender announced it acquired Edge Funder, a fintech startup that is transforming entrepreneur's access to working capital through its direct-to-merchant funding portal.


South African fintech startup Ukheshe Technologies comes second in KPMG Global Tech Innovator competition
Published: 07-07-2021 | 11:58:00 | By: Pie Kamau
The KPMG Private Enterprise Global Tech Innovator Africa competition came to a close this week and saw South African fintech startup Ukheshe, take second place among 75 other worthy entrants across Africa.


Nigerian fintech startup TeamApt secures Series B funding
Published: 07-07-2021 | 11:53:33 | By: Pie Kamau
Nigerian fintech startup TeamApt has closed its Series B fundraising round, as it looks to expand its financial services beyond Nigeria.


[Ghana] Verdant Capital raises $7.9 million for challenger fintech, Zeepay
Published: 06-07-2021 | 14:04:38 | By: Bob Koigi
The debt and equity raise for challenger fintech, Zeepay, head-quartered in Ghana, follows a $20 million equity and debt capital raise for Tugende, an East African technology-enabled asset financing business.


AI-powered recruiting startup TopFunnel acquires Teamable to offer end-to-end sourcing platform
Published: 02-07-2021 | 13:30:00 | By: Pie Kamau
TopFunnel, the AI-powered recruiting startup that high-growth companies use to scale, announced the acquisition of Teamable to supercharge referral-based recruiting.


Codat startup raises $40m, expands its API infrastructure for SME data
Published: 02-07-2021 | 13:11:00 | By: Pie Kamau
Codat, the technology company that enables small businesses to seamlessly share business and financial data with financial and other service providers, secures $40 million from investors, following 3x annual growth and doubling of headcount.


Kameo startup launches vaccine passport for the entertainment production industry
Published: 02-07-2021 | 13:00:00 | By: Pie Kamau
Kameo, the provider of flexible mobile COVID-19 testing services for the entertainment production industry, announced the launch of its vaccine passport, an additional feature on its digital platform.


Ghanaian agribusiness startup Green Gold Farms raises $1.6 million to tackle food import challenge
Published: 02-07-2021 | 09:11:17 | By: Bob Koigi
Green Gold Farms is tackling the problems of poverty, lack of economic opportunity, and malnutrition and related illnesses in Northern Ghana through large-scale agricultural production.


[Startup Interview] Dennis van der Veen, CEO, Hamster Connect, Netherlands
Published: 01-07-2021 | 14:39:00 | By: Bob Koigi
Hamster is a global niche social media platform for start-ups, investors, and accelerators and offers smart tools to help users reach their goals.


Ghanaian fintech startup Zeepay raises $7.9m Series A funding to support its operations
Published: 01-07-2021 | 14:07:00 | By: Pie Kamau
Ghanaian Fintech startup Zeepay announced the completion of a $7.9 million Series A.0 funding. The funding is a hybrid of both equity and balance sheet funds to support its operations.


South African fintech startup Ukheshe Technologies announces boostXB joint venture with ForexPeople
Published: 01-07-2021 | 13:48:00 | By: Pie Kamau
South African fintech startup, Ukheshe Technologies has partnered with ForexPeople, one of the country’s names in forex with over 20 years of experience, to seamlessly facilitate cross-border payments from South Africa into Africa.


Catalyst Fund announces Circle of Corporate Innovators to accelerate startup-corporate partnerships
Published: 29-06-2021 | 13:23:16 | By: Pie Kamau
Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, today formally announced its Circle of Corporate Innovators, with its first members, Fidelity Bank, Ecobank, Sterling Bank, Access Bank and the VFD Group.


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.


Twenty-two startups join second cohort of UNICEF StartUp Lab in Ghana
Published: 20-04-2021 | 10:41:00 | By: Pie Kamau
UNICEF announced the launch of the 2021 cohort of the UNICEF StartUp Lab, a co-creation space and accelerator, that engages young startups in the development of innovative, open-source, market-driven products and solutions.


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.


[Interview] Esinam Yevu, Co-Founder, PayBox, Ghana
Published: 26-03-2021 | 12:52:09 | By: Bob Koigi
Esinam Yevu is Co-Founder and Communications Lead at Ghanaian fintech startup, PayBox


Boost Ghana and KudiGo selected for Catalyst Fund Inclusive Digital Commerce accelerator
Published: 15-03-2021 | 15:37:00 | By: Pie Kamau
The Catalyst Fund Inclusive Digital Commerce Accelerator announced the first cohort of digital commerce companies to be scaled, with the goal of improving the livelihoods of informal MSEs in Ghana.


Ghana’s healthcare startup mPharma to launch Haltons Pharmacies in Ethiopia
Published: 11-03-2021 | 10:58:00 | By: Pie Kamau
Ghanaian health tech startup mPharma, signed a franchise agreement with Belayab Pharmaceuticals to open Haltons Pharmacies in Ethiopia.


US job marketplace startup Ajuma Technologies set to launch in West Africa
Published: 05-01-2021 | 10:43:00 | By: Bob Koigi
American and Ghana tech startup Ajuma Technologies, Ltd. has announced their plans to launch in early 2021.


West Africa's Miro Forestry raises $48 funding close led by CDC to combat climate crisis
Published: 02-09-2020 | 15:01:00 | By: Pie Kamau
CDC Group, the UK’s publicly owned impact investor announced a further $12 million commitment to Miro Forestry, a sustainable forestry and timber business with plantations in Ghana and Sierra Leone.


[Startup Interview] Sam Bediako-Asante, Founder, Sambed Consult, Ghana
Published: 08-07-2020 | 14:20:00 | By: Bob Koigi
Sambed Consult in Ghana offers management consultancy services targeting MSMES with a view to helping them improve their management and organizational performance. Sam Bediako-Asante, the startup’s founder elaborates.


[Startup Interview] Wolf-Dietrich Fugger, Co-Founder, EWIA Green investments, Germany
Published: 11-06-2020 | 10:25:00 | By: Bob Koigi
EWIA Green investments is a renewable energy company based in Germany with an office in Ghana. Through Solar-as-a-Service model the company sells photovoltaic systems to commercial and industrial customers in form of leasing.


[Startup Interview] Emmanuel Addo, CEO, EADfix, Ghana
Published: 25-05-2020 | 13:15:00 | By: Bob Koigi
EADfix, a Ghana-based tech platform, connects customers with verified service providers across different industries as it seeks to meet the growing demand for convenience, reliability and speed.


[Startup Interview] Freeman Addico, CEO, Addicnet, Ghana
Published: 25-02-2020 | 12:47:00 | By: Bob Koigi
Pan-African cloud computing and ecommerce solutions provider Addicnet is redefining cloud computing landscape in the continent through its unique offerings. Addicnet is a Pan-African Cloud computing and ecommerce solutions provider aiding African companies


[Startup Interview] Peter Anowie, CEO, Kolics Company, Ghana
Published: 13-02-2020 | 12:44:00 | By: Bas Vlugt
Kolics Company Limited is a social enterprise that owns the Koliko Wear brand. It was established in Takoradi-Ghana in 2017. It provides customers with quality and affordable ladies and gents footwear. We produce shoes for all and deliver on our promise