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 [...]Kenya's Marketforce Slashes 9% of its Workforce
Kenya’s B2B retail end-to-end distribution platform, MarketForce has slashed its workforce by 9%, as a part of a reorganization strategy in Kenya, one of its five markets which include Nigeria, [...]Kenya's FinAccess Raises $500,000 in Pre-Series A Funding
Kenya's FinAccess, which digitises Savings and Credit Cooperative Organisations (SACCOs) and farming cooperatives in the East Africa region, has raised $500,000 in its pre-series A funding round. Investors who took [...]Kenya's FaidiHR Raises Undisclosed Amount, Eyes Entry into Uganda, Tanzania DRC
Kenyan HR startup FaidiHR has raised n undisclosed amount of funding from SprintX, a US-based Venture Capitalist (VC) for early-stage startups. The startup has thus also rebranded from Crew HR [...]VC Firm Oui Capital Hits 1st Close of its $30 Million 2nd Fund
Africa-focused venture capital firm, Oui Capital has announced the launch of its second fund, Oui Capital Mentors Fund II, looking to build on the success of its debut investment vehicle [...]Insurtech startup Lami Raises $3.7m Seed Extension
Nairobi headquartered insurance technology startup Lami Technologies has secured a US$ 3.7 Million seed extension to expand across Africa. The company said the funding was led by early-stage venture firm Harlem [...]Recap: Nairobi Startup Week 2022
The Nairobi Startup Week, is a week-long celebration of all things entrepreneurship, training sessions, and panels to adapt to the new normal. The Nairobi Startup week is an initiative of [...]
