The King of Spacs’ Chamath Palihapitiya is Visiting Kenya, Ghana, Nigeria
Silicon Valley venture investor Chamath Palihapitiya, whose bets on blank check acquisition companies earned him the nickname of King of SPACs has announced he will be making his maiden visit to [...]
Autochek Officially Launches in Kenya
Autochek, the automotive technology company facilitating auto financing across Africa, has officially launched in Kenya as part of its pan-African expansion. With credit penetration in Kenya at 27.5% (significantly higher [...]
Asante Financial Services Group Raises $7.5 Million in Series A Funding
Kenya's Asante Financial Services Group, which is focused on supporting the growth of African businesses and individuals, has raised $7.5 million in its Series A round of funding. Investors who [...]E-commerce platform Alsoug secures $5 million in Sudan's first foreign tech investment
Alsoug, a digital marketplace in Sudan, has raised $5 million to build a national payments network enabling quick, easy and safe transactions for the citizens of Sudan. The fundraising round [...]Tala Raises KSh16.1 Billion in Series E Funding Round
Digital Lender, Tala has raised KSh16.1 billion in its series E funding round, bringing its total funding to more than KSh38.8 billion. Investors who took part in the funding round include [...]Nigeria's Flutterwave Seeks to Increase Valuation to $3 Billion
Nigeria's payments firm, Flutterwave, is in talks with investors, seeking for fresh funding that will triple its valuation to $3 billion or more. However, terms of the funding round haven’t [...]The rise of African tech unicorns
African unicorns have made big news in recent months, with four startups having recently reached a $1 billion valuation or more this year alone, taking the total up to seven. [...]Andela Raises $200 Million in Series E Funding Round
Software company, Andela has raised $200 million in its series E funding round, bringing its total valuation to $1.5 billion. After closing this Series E round, Andela has raised a [...]Sendy Lami Technologies Partner to Launch Per-Trip Insurance Policies
Lami Technologies, a Kenyan insurance technology (insurtech) company that aims to democratize insurance products and services for low-income Kenyans, has partnered with Sendy Limited, a tech-logistics company, to enable transporters [...]54gene Raises $25 Million in Series B Funding
Nigeria’s genomics research, services, and development startup, 54gene, has raised $25 million in its Series B round of funding. Investors who took part in the funding include Pan-African venture capital [...]Startup Employee Equity: 6 Things Every Founder Needs To Know
A startup is an organization designed to search for a scalable business model. That is, the original founders are taking a shot at creating something that can one day become [...]Nigeria’s Autochek Acquires Cheki Kenya and Uganda
Nigeria's Autochek, the automotive technology company facilitating auto financing across Africa, has acquired Cheki Kenya and Uganda from Ringier One Africa Media (ROAM). The move comes just one year after [...]
