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.

Dive into Swvl's remarkable turnaround story as the NASDAQ-listed mobility startup posts its first full-year net profit in 2023, signaling a shift from previous struggles to profitability, amidst strategic financial restructuring and expansion plans.

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

Join us as we unveil the latest game-changer in African travel! BuuPass, the pioneering travel booking platform, has just made a groundbreaking move by acquiring QuickBus, its prominent competitor in Nigeria and South Africa. This strategic deal promises to revolutionize travel across the continent, offering travelers unparalleled convenience and access to a wide array of destinations. Don't miss out on this exciting journey with BuuPass! 🚀🌍

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.

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.

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! 🚀

Flourish Ventures' Madica program intensifies its investment efforts in Africa, targeting up to 30 startups by the end of its three-year program, with a focus on underrepresented founders and diverse sectors.

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 Egypt’s Beltone Venture Capital and Citadel Holdings' CI Venture Capital join forces to boost the growth of early-stage tech startups across the MENA region with a $30 million investment fund.

TLcom Capital, an African VC firm, concludes fundraising for its second fund, TIDE Africa Fund II, totaling $154 million, positioning itself as Africa’s largest investor across seed and Series A.

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. 🌍✨

Nigerian retail-tech startup OmniRetail propels forward in its mission to revolutionize Africa's commerce landscape with a significant investment from Goodwell Investments, marking the beginning of its Series A fundraising journey.

After a significant CEO departure, Cellulant, the African payments startup, reshuffles its leadership, focusing on profitability and operational excellence to navigate its growth across 13 African markets.

Addis Ababa dangles capital gains tax breaks to encourage investors amid capital flight from Africa's top venture capital markets.

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

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.

Dive into Rivia's strategic move as it acquires Waffle, a local SaaS company, to revolutionize digital healthcare in Ghana and beyond.

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. 🚀

Explore how Senegal's Kori Tech is transforming payment systems in Africa with KoriPass, linking e-wallets with physical payment accessories to streamline transactions and enhance user experience.

Discover why Thepeer, a promising African fintech startup facilitating inter-wallet operability, is shutting down after raising nearly $2.5 million in funding, shedding light on challenges faced in the competitive payment landscape.

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.