Moko Home Raises $6.5M in Series B Funding Round
MoKo Home + Living, a Kenya-based home furniture manufacturer and omnichannel retailer, has raised $6.5 million during a Series B debt-equity funding round, co-led by U.S.-based investment fund Talanton and [...]
Pezesha EzyAgric Partner to Offer Buy Now Pay Later Services in Uganda
Agritech company, EzyAgric has partnered with Pezesha (a digital financial marketplace platform for SMEs) to offer a new product that brings Buy Now Pay Later services to agro-inputs merchants in Uganda. The [...]
NALA Money Launches New Feature to Enable Kenyans in Diaspora Pay Bills via MPESA
NALA, a fintech startup that powers quick remittances from the UK and US to Africa, has launched a new feature that allows Kenyans in the diaspora to pay local bills [...]Pan African Data Startup Stears closes $3.3 million seed Round
Stears, a pan-African financial data and intelligence company, has announced the close of a $3.3 Million seed round which was led by MaC Venture Capital with participation from Serena Ventures, Melo 7 Tech [...]Nine Kenyan Startups Selected for FoundersBoost Fall 2022 Program
FoundersBoost, the global startup pre-accelerator, has announced the nine Kenyan startups that will be joining this year's fall program. The FoundersBoost program runs for 6 weeks and is highly mentor-driven. [...]Ghana's Farmerline Raises $1.5 Million in 2nd Close of Pre-Series A Funding
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. The investment is part [...]Ghana's mPharma Acquires Majority Stake in Nigeria's HealthPlus
Ghana’s healthcare startup, mPharma has acquired the majority stake in HealthPlus, the leading pharmacy chain in Nigeria. While firm plans to continue to keep and strengthen HealthPlus as Nigeria’s leading [...]Kenyan Insurtech Turaco Secures $10M Series A Round Fundraise
Kenyan insurtech Turaco has announced the close of a $10 million Series A equity round led by AfricInvest, via the Cathay Africinvest Innovation Fund, and existing investor, Novastar Ventures with [...]British International Investment to Invest $100 Million in Egyptian Startups
The UK government’s development finance institution (DFI) British International Investment (BII), formerly known as CDC Group, has announced its plan to invest $100 million in Egyptian startups over its current [...]12 Kenyan Startups Make it for 2nd Cohort of Google for Startups Black Founders Fund for Africa
Google has announced that 60 eligible black-founded startups across Africa have been selected for the second cohort of Google for Startups Black Founders Fund for Africa. The startups joining the program [...]Increase Customer Satisfaction In Your Online Shop
A study found that successful businesses regularly assess customer satisfaction in excess of 85% of cases. Thanks to technology, particularly the internet, it is now much simpler for businesses to [...]Kenyan founded Fintech Pezesha Targets New Markets After Raising $11m in Pre-Series A Round
Kenyan founded Pan-African embedded finance Fintech Pezesha has raised a pre-series A funding round of $11 Million in a mix of $6 million equity and $5 million debt. The round [...]
