Discover how Nigerian logistics startup Renda secures $1.9 million in pre-seed funding to expand its reach into Kenya and other Nigerian cities, catering to the growing demand for efficient last-mile delivery and warehousing solutions in Africa's booming e-commerce sector.

Barely a fortnight after TLcom’s huge US$154 million fund II closure, unicorn-backed Norrsken22 announces plans to ramp up its investments in African fintech.

Discover how Productive Use of Renewable Energy (PURE) technologies, including solar irrigation and cold chain solutions, are gaining investor interest despite a downturn in global off-grid solar sector funding.

Discover how Chowdeck, backed by Y Combinator, aims to dominate Nigeria's booming food delivery market with its innovative approach and rapid expansion plans.

Discover how Kubik, an Ethiopian startup, is transforming plastic waste into durable building materials while securing fresh funding for its innovative approach.

Can Mauritius replicate its financial services success in the tech industry? Discover how the island nation is fostering innovation and overcoming challenges to become Africa's next tech hub.

NBA Africa's Triple Double accelerator offers a game-changing opportunity for African tech startups to receive mentorship, funding, and collaboration prospects with industry giants. With a focus on innovation in event management, ticketing, AI, and digital marketing, the program aims to shape the future of sports tech on the continent. Joining forces with NBA Africa and BAL, chosen startups have the chance to pitch their groundbreaking ideas and secure vital support for their ventures.

Discover how Egyptian startup Bokra aims to revolutionise wealth management in the MENA region with its innovative platform offering goal-based investment and saving products through asset-backed securities! 🚀

Egyptian startup bluworks raises $1 million in pre-seed funding to revolutionize blue-collar HR-tech solutions, aiming to streamline processes and reduce turnover rates.

Discover how The Folklore is revolutionizing global market access for fashion brands from emerging markets with its innovative B2B marketplace. Backed by a recent $3.4 million seed funding, the startup is poised to empower diverse brands with essential resources for growth and expansion. Join The Folklore's mission to bridge the gap between emerging market creators and global retailers in the fashion industry. 🌍✨

Pula, the Kenyan insurtech, scales up its mission to provide crucial agricultural insurance to millions of smallholder farmers across emerging markets, backed by a hefty $20 million in Series B funding. 🚀

Despite a dip in overall funding levels, the continent is witnessing a marked increase in the number of ventures securing $1 million or more.

Discover how Verod-Kepple Africa Ventures' $60 million inaugural fund, fueled by Japanese and Nigerian investors, aims to bolster growth-stage startups across Africa, bridging the gap in available capital for Series A and B companies.

In Q1 2024, African startups faced a significant 51.36% drop in funding compared to the previous year, totaling at least $369 million across 64 deals. Despite the decline, sectors like mobility and cleantech showed promising growth, while M&A activity and startup closures reshaped the landscape.

Discover how Roam and Mogo's partnership is driving the adoption of electric motorcycles in Kenya, revolutionizing the transportation landscape and boosting boda boda riders' earnings by 30%. 🏍️⚡ Don't miss out on the electrifying journey towards a greener and more sustainable future in East Africa! 🌱✨

Baobab Network, on its mission to empower African startups, acquires Reflector Marketing to bolster portfolio companies’ marketing strategies, signaling a shift towards comprehensive support beyond funding. 💼💡

Breaking news! Y Combinator, the renowned startup accelerator, has chosen Kenyan fintech Triply for its highly anticipated winter 2024 batch. Joining the elite ranks of African startups in the program, Triply aims to revolutionize payment solutions for small travel businesses in Africa, promising a game-changing approach to streamline operations and boost efficiency. 🚀

Learn how South African startup RNR is revolutionizing breakdown management with its innovative on-demand platform, attracting significant investment to fuel its expansion in Southern Africa. 🚛🌍

Joining the ranks of African entrepreneurs turned investors, Sim Shagaya launches The Honey Badger Fund (HBF), a new venture aimed at backing exceptional startups in Africa. With a focus on providing not just funding but also valuable experience, Shagaya's initiative marks another step forward in Africa's burgeoning startup ecosystem.

Satgana, a climate-tech venture capital firm, has successfully closed its first fund at €8 million ($8.6 million), targeting up to 30 early-stage startups in Africa and Europe. Led by founder Romain Diaz, the firm secured commitments from notable investors, including Maurice Lévy of Publicis Groupe and Thibaud Hug de Larauze, co-founder of Back Market. Despite challenges in fundraising, Satgana plans to focus on investing in climate change mitigation and resilience-building startups, particularly in mobility, food and agriculture, energy, industry, and the circular economy sectors.

Egyptian startup Sprints is on a mission to redefine education with its AI-powered platform, securing a $3 million bridge round to scale its innovative approach. With over 2.5 million learning hours delivered and partnerships with 300 tech employers globally, Sprints aims to empower learners and bridge the tech talent gap.

Wasoko, a prominent B2B e-commerce giant in Africa, experiences a significant valuation markdown, signaling shifts in the industry's landscape and investor sentiment. Despite challenges, the company remains optimistic amid a planned merger and ongoing efforts to consolidate its position in the market.

Tunisia-born AI startup, ClusterLab, based in the UAE, secures $600,000 in pre-seed funding to advance its innovative AI and NLP technologies, including its acclaimed Arabic audiobook summarisation app, Reedz.

Discover the secrets behind Oui Capital's success in fostering African startups' growth, from early-stage investments to nurturing budding entrepreneurs.

Discover how Farm to Feed, an innovative agri-tech startup, is tackling food loss and creating a data platform to enhance farming outcomes in Kenya, revolutionizing the agricultural sector while combating climate change. 🌍💡