Kenya-based Influencer Marketing Platform, AIfluence closes $1m in Seed Funding
Kenya-based Influencer Marketing Platform, AIfluence Inc, has closed $1 million in Seed funding round led by Dubai-based EQ2 Ventures, and joined by Antler East Africa, Nigerian VC OUI Capital, ArabyAds [...]
Kenya’s MarketForce Raises $2 Million in Pre-Series A Funding
Kenya's B2B retail end-to-end distribution platform, MarketForce, has raised $2 million in its pre-Series A funding round. This brings the startup's funding to a total of $2.5 million, including its [...]Paytm Announces Plans for $2.2 Billion IPO
Paytm, India's digital payments startup is readying a $2.2. billion Initial Public Offering (IPO), and is just awaiting shareholders' approval during a July 12 meeting. If successful, this will be [...]Egypt's MaxAB Raises $40 Million in Series A Funding
Egypt's B2B food and grocery delivery startup, MaxAB, has raised $40 million in its Series A funding round, bringing the company's total investment to date to $46.2 million. Investors who [...]Drone Delivery Startup, Zipline Raises $250 Million in New Funding
Drone delivery startup, Zipline, has raised $250 million in new funding, raising its valuation to $2.75 billion. Investors who took part in this round of funding include Baillie Gifford, Temasek [...]Google Rolls Out $6 Million Programme to Support African Startups
Google has rolled out three programmes worth $6 million, seeking to support women and young entrepreneurs and innovators in at least thirteen African countries. In the first programme, the firm [...]Kenya's Agri-tech Startup Secures KSh108 Million Loan from ABC Fund
Apollo Agriculture, a Nairobi based start-up that helps small scale farmers to increase their yields and earn higher income has secured a $1 million (KSh108 million) loan from ABC fund [...]
Egypt’s Trella Raises $42 Million in Series A Funding
Egypt's Trella has raised $42 million in a Series A funding round comprised of equity and debt. The round includes $12 million as debt financing and $30 million in equity [...]Ed Partners Africa Raises $1.9 Million for Expansion
Nairobi-based affordable private schools financing company, Ed Partners Africa, has raised $1.9 million for expansion and enabling the unserved affordable private schools market access to credit. Investors who took part [...]Uganda Unveils its First Regulatory Sandbox
Ugandan financial regulator is working to boost Fintech innovation in the country. On Tuesday, the Bank of Uganda (BoU) officially unveiled a regulatory sandbox to help Fintechs develop new products [...]Sky. Garden, Kenyan E-Commerce Startup Raises US$ 4 Million
Sky. Garden, a Kenyan e-commerce startup, has closed a US$4 million round of Series A funding to accelerate its growth. This platform, launched some four years ago, enables informal dealers, [...]
Bilha Ndirangu Resigns As Africa's Talking CEO
After a successful 7-year tenure, Bilha Ndirangu will be stepping down as Africa’s Talking CEO to pursue other interests on the continent. Bilha will continue to serve on the board [...]
