Pangea launches KSh 300 Million fund for Kenyan Start-Ups
Pangea, a Norwegian based accelerator program and an investment platform that matches African start-ups with investors, has rolled out a scale-up program that provides funding of up to KSh 300 [...]
Kenyan Fintech Startup AZA Finance Raises $20 Million in Funding
Kenya-based fintech startup, AZA Finance, has raised $20 million in funding over the last 18 months. Furthermore, the firm has now expanded into South Africa with the acquisition of cross-border [...]
Kenyan Insurtech startup Lami Technologies closes $1.8 million seed funding
Lami Technologies, a Kenyan insurance technology (insurtech) company that aims to democratize insurance products and services for low-income Kenyans, announced today it has raised $1.8 million in seed funding. The [...]
Kenyan Gro Intelligence is on TIME's 2021 List of World's Top 100 firms
Kenyan Gro Intelligence, a data analytics company, has made it to TIME's 2021 list of the 100 Most Influential Companies in the world. Gro Intelligence is listed under Innovators alongside [...]Kenyan Edtech Startup Kidato raises US$1.4Million Seed for Online Classes
Kidato, an Online class for K-12 students in Africa, has announced that it has closed its US$1.4 Million seed investment. This effort has been backed by Y Combinator, a significant [...]Japanese VC, Samurai Incubate, Launches $18.6 Million Fund for African Startups
Japanese Venture Capital, Samurai Incubate, has launched an $18.6 million fund for African startups, dubbed the Samurai Africa 2nd General Partnership fund. According to the firm, the fund was oversubscribed [...]How Portugal Offers a Promising Start-Up Ecosystem
The 2020 Scaleup Portugal Report has published details about the top 25 startups in Portugal between 2015 and 2020. According to the report, around 65% of the total investors are [...]Uganda’s Numida Raises $2.3 Million in Seed Funding
Ugandan fintech startup targeting semi-formal micro and small businesses, Numida, has raised $2.3 million in seed funding. Investors who took part in the funding include Pan-African payments company MFS Africa, [...]Angaza Awards Top Finalists; Pooja Bhatt, 32
We recently released the list of the Top 10 Finalists of the Inaugral Angaza Awards which seeks to recognize the women shaping and steering the financial services industry. Number 10; [...]Glovo Secures €450M in Series F funding
Delivery app Glovo has announced that it has raised €450M in its Series F funding round led by New York-based investment managers Lugard Road Capital and the Luxor Capital Group. [...]Uganda’s Tugende Raises $3.6 Million in Series A Funding
Ugandan Tugende, a technology-enabled asset finance company, has raised $3.6 million equity financing in its Series A round of funding. Investors who took part in the round include San Francisco [...]Bolt Launches Food Delivery Service Bolt Food in Nairobi
After earlier launching the service in South Africa and Ghana, ridesharing app bolt has launched a food delivery service in Nairobi named Bolt Food. The launch in Kenya comes after [...]
