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 [...]Ayagigs Launches to Match Global Businesses with Africa’s Best Web3 Freelancers
Aya, the gig platform that enables global startups and Small-Medium Businesses (SMBs) to access the best vetted African skilled freelancers, has announced their public beta launch. The company acts as [...]VC Firm Microtraction Hits 1st Close of its $15 Million 2nd Fund
Microtraction, an early-stage venture capital firm that invests in African tech entrepreneurs at the pre-seed stage, has announced a $15 million first close of its second fund. Microtraction Community Limited [...]Kenya's iProcure Secures $10.2 Million in Series B Funding
Kenya's B2B agtech startup, iProcure has secured $10.2 million in Series B funding round. The latest round includes $1.2 million debt, and was led by Investisseurs Partenaires (IP), and [...]Cross Border Social Fintech Changera Relaunches with Virtual Accounts and Dollar Cards
Cross-border social fintech “Changera” has announced a relaunch of its product with new features including virtual domiciliary bank accounts and as well as an overhaul of its brand identity. The [...]Lori Systems Raises Undisclosed Series B Funding from Google
Lori Systems, an African on-demand logistics and trucking company digitizing haulage and providing shippers with solutions to manage their cargo and transporters, has raised an undisclosed amount in its Series [...]Travel Tech Startup Tripesa Closes Pre-Seed Round
B2B travel tech startup Tripesa has announced it has secured a pre seed round (undisclosed) to support the company’s go to market in Uganda and Kenya before expanding to the [...]
