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Kenyan insurtech startup Turaco acquires Ghana’s MicroEnsure
Turaco, the Kenyan insurtech startup, has acquired MicroEnsure Ghana from MIC Global.
Vesalius Biocapital announces first close of fourth fund raising €95m
Vesalius Biocapital announced the first close of its fourth fund, Vesalius Biocapital IV, securing over €95m.
Kenyan fashion e-Commerce startup ShopZetu raises pre-seed funding to fuel growth of its marketplace
Kenyan fashion e-Commerce startup ShopZetu has raised $1m pre-seed funding.
Brex taps Jason Mok to support the next generation of founders
Brex announced that Jason Mok has joined the team to support commitment to serving startups and their founders.
IP Fabric announces $25m Series B funding to accelerate adoption of network assurance
IP Fabric announced it has closed $25 million Series B funding round.
Swiss medtech startup Berlin Heals completes financing round for its ongoing CE- study
Berlin Heals has developed a breakthrough method for therapy of heart failure.
Belgian startup NineID raises $2.6m to bridge the digital and physical worlds of corporate security
Belgian startup NineID announced raising $1.2m, closing its $2.6m seed round.
Kenyan startup MESH grows to reach 150,000 young entrepreneurs
Kenyan startup MESH, announced it has reached 150,000 members.
Nigerian healthtech startup Helium Health raises $30m Series B funding
Helium Health announced it has raised $30 million in Series B funding.
AdvisorCheck raises $1.8m to transform the way people vet and monitor financial advisors
AdvisorCheck has announced its $1.8 million seed round of funding.
1Fort raises $2m to automate and simplify cyber insurance for businesses
1Fort has completed a successful $2 million pre-seed round financing.
Italy’s Planckian closes €2.7m pre-seed round to develop quantum batteries
Planckian has raised over €2.7 million in pre-seed funding round led by Eureka! Venture.
NBA superstar Chris Paul joins plant-based startup Wicked Kitchen as investor
10-time NBA All-Star Chris Paul has joined the Wicked team as an investor.
Federato raises $25m Series B funding to continue catalyzing insurance's "AI moment"
Federato has raised $25 million in Series B funding led by Caffeinated Capital.
Kenyan mobility startup Stima secures €100k investment
Stima Mobility has secured €100,000 investment from DEG Impulse.
Seedstars, Fondation Botnar launch youth Wellbeing Ventures with $20m investment in Africa
Seedstars Capital and Fondation Botnar have invested $20m for early-stage startups.
The role of crypto-friendly banks in facilitating financial inclusion, Plug and Play
Financial inclusion is a key aspect of economic growth and development.
Molten Ventures leads €5m round in Oliva to expand workplace mental health support
Molten Ventures has led a €5 million round in Oliva.
Focused Energy startup raises $82m funding to advance laser-based nuclear fusion
Focused Energy raised $11m in Series A funding, bringing its total funding to $82m.
AI-enabled startup AvoMD raises $5m to combat clinician burnout
AvoMD announced it has closed $5 million in seed funding led by early-stage venture fund AlleyCorp.
SEI appoints Sneha Shah as Head of New Business Ventures
SEI has announced the appointment of Sneha Shah as an Executive Vice President and Head of New Business Ventures.
Stellantis Ventures seeds innovation with investments into sustainable mobility
Stellantis Ventures has been formed to support 'Dare Forward 2030' strategic plan.
Haul247 secures $3m seed funding to drive innovation in Africa’s logistics industry
Haul247 has raised $3 million in a seed funding round.
Germany joins Europe Startup Nation Alliance (ESNA)
Germany Trade & Invest (GTAI), Europe's largest economy, has joined Europe Startup Nation Alliance (ESNA).
Orange partners with Digital Africa to strengthen the growth of African startups
Orange has partnered with Digital Africa, to promote and strengthen African startups.
Decentralized identity startup Intuition raises $4m funding round
Decentralized infrastructure provider Intuition has raised $4 million in a seed round fundraise.
Chatbots with fraud detection software are revolutionizing underwriting, Plug and Play
Chatbots are dramatically reshaping the insurance industry.
Manganum attracts second round of seed investment from Mitgo
Manganum has received has two rounds of investment from global IT company Mitgo.
Hexagon calls for startups to apply for its third Sixth Sense cohort
Hexagon's Manufacturing Intelligence division has announced a call for startups to apply for its third Sixth Sense cohort.
Foodtech startup PartnerSlate raises $4m from to accelerate growth
PartnerSlate has raised $4 million round led by Supply Change Capital.
German autonomous, electric trucking startup FERNRIDE raises $31m Series A funding
FERNRIDE has secured $31m Series A funding.
UK renewable energy startup tem. raises £2.5m to transform the broken energy market
tem., the UK-based renewable energy startup, has secured £2.5m funding round.
Financial IT launches Fintech Pathfinder, showcasing the most promising fintech startups
Financial IT announced the launch of its highly anticipated Fintech Pathfinder.
AI-driven pet biometrics startup Petnow launches in France
Petnow, the provider of advanced pet identification solutions, announced the expansion of its groundbreaking app to the French market.
Montfort Ventures opens inaugural branch in San Diego, California
Montfort Ventures, a boutique startup fundraising advisory firm, announced the opening of its inaugural branch in San Diego.
Customer success platform ZapScale secures $2.5m seed funding to accelerate growth
ZapScale announced it has successfully raised $2.5 million in seed funding.
Volvo Group Venture Capital invests in Trucksters to manage innovative relay trucking in Europe
Volvo Group Venture Capital has invested in Madrid based startup, Trucksters.
SAP selects YOOBIC for an exclusive startup program
YOOBIC, the all-in-one Frontline Employee Experience Platform, announced it has been selected by SAP.
Mental health startup Anise raises $1.2m pre-seed to expand culturally-responsive care
Anise Health, a digital mental health company, completed $1.2m pre-seed round.
[Column] Patrick Ndegwa: Journey to the centre of the cloud; why Kenya should store data locally
Kenyan businesses are migrating to the cloud en masse.
Africa among top 3 regions prone to mobile financial scam, report
Throughout 2022 and the first quarter of 2023, 14% of installs of potentially unwanted mobile financial apps on Android phones were made.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo.
Cambridge-based biotech startup Uncommon raises $30m
Biotech startup Uncommon has raised $30m to pave way for scalable cultivated meat utilising RNA technologies.
Karoo Health raises $3.4m in oversubscribed seed round
Karoo Health announced the closing of an oversubscribed seed round of $3.4 million.
Fintech firm LemFi expands diaspora remittance services to Kenya
LemFi announced it has formally launched its diaspora remittance services in Kenya.
SK networks invests $2m in AI farming Dutch startup Source.ag
SK networks announced it will invest $2m Series A funding round of $27 million for Source.ag.
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker.
Web3 and the rise of the digital asset investor, Plug and Play
Web3 is a more decentralized system for sharing data and managing digital assets.
Reseda Group invests $2m in five fintech startups
Reseda Group announced it is investing more than $2 million to support five emerging fintech companies.
GGV Capital launches NextGen Fellowship 2023 program
GGV Capital announced NextGen Fellowship 2023 program to promote diversity, inclusion in the tech Industry.
Aena launches the second call of its startup acceleration program
Aena has launched Aena Ventures, an open innovation program for accelerating startups.
Ghana bets on taxation of sugar-sweetened beverages to protect health sector
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.
WEMIX, Hub71 partner to grow global blockchain startup ecosystem
WEMIX and Hub71 have partnered to accelerate growth of their Web3 for startups.
[Column] Nixon Gecheo: Agtech, a pivotal force driving climate change action in agriculture
The agricultural sector is a significant contributor to greenhouse gas emissions.
AWS selects 25 African startups for its Fintech in Africa accelerator
25 African fintech startups have been selected for the inaugural AWS FinTech Africa Accelerator cohort.
Woflow acquires European startup XtremeAI to expand reach bolster AI capabilities
Woflow, the data infrastructure company, announced the acquisition of XtremeAI
Travel experience marketplace GetYourGuide secures $194m to accelerate global expansion
GetYourGuide announced the closing of $194 million in equity and credit financing.
Swiss lender Teylor secures €275m to support SMEs through its credit platform
Swiss fintech Teylor has secured €275m funding from Barclays and other investors.
Lawyer.com launches Million Dollar AI Challenge to expand legal access
Lawyer.com is ramping up a worldwide search to discover the next groundbreaking innovation in Legal AI.
[Column] Somesh Adukia: Paper versus digital; the future of work
Digitization is revolutionizing the way businesses operate across the globe.
Plug and Play, Suncor partner to accelerate sustainable energy, digital transformation
Plug and Play has announced a new relationship with Suncor.
GRASP fellowship invests in African women researchers
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Ghanaian startup Plendify has launched a B2B e-Commerce marketplace to connect customers with small and large African wholesalers, manufacturers, exporters, and importers.
[Ghana] Verdant Capital raises $7.9 million for challenger fintech, Zeepay
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.
Ghanaian agribusiness startup Green Gold Farms raises $1.6 million to tackle food import challenge
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.
Ghanaian fintech startup Zeepay raises $7.9m Series A funding to support its operations
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.
Catalyst Fund announces Circle of Corporate Innovators to accelerate startup-corporate partnerships
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here