Alegra is a Colombian-based accounting software for MSMEs being used in 25 countries. With the backing that comes from being part of the Endeavor network, Africa is its next target market.…
Building two YC-backed startups in five years: A discussion with Jesse Ghansah
Ghanaian entrepreneur, Jesse Ghansah co-founded media startup, OMG Digital in 2015. Five years later, he’s working on Swipe, a fintech startup. In this interview, he shares his journey starting …
Bus-booking platform, Plentywaka raises $300k pre-seed funding as it expands to Abuja
With over 40,000 customers in Lagos, Plentywaka is looking to acquire more by expanding to other states across Nigeria. It has raised $300k to achieve this while making capital city, Abuja, its first …
Serial entrepreneur, Dele Odufuye on Flobyt, Traffic Talk and silent acquisition of Tsaboin
In the Nigerian tech ecosystem, the name Dele Odufuye is synonymous with Tsaboin and Flobyt. Here, he tells us about the companies, their public-facing projects, and how the former was acquired earlie…
Nigeria’s Kiakiaprint takes print-on-demand business global with Canva partnership and South Africa expansion
In three years, Kiakiaprint has quietly grown to become one of Nigeria’s largest print-on-demand startups. It is going a step further by partnering with Canva and expanding globally, beginning with So…
How Apollo Agriculture is solving small-scale farmers’ credit problem in Kenya
Founded in 2016 by Benjamin Njenga, Eli Pollak, and Earl St Sauver, Apollo Agriculture uses technology to empower small-scale farmers to maximise their profits. Here’s how the $7.6m VC-backed Kenyan s…
Vodacom is planning to launch another fintech service in SA after its failed stint with M-Pesa
Four years after shutting down M-Pesa in South Africa, telco giant, Vodacom will be launching a suite of fintech services in the form of a super app. This will be done in partnership with China-based …
In a space with two heavyweights, Corpreneur hopes to make Nigerian millennials save more
Since launching last year, Oluwafemi Alofe and his team at Corpreneur have helped Nigerians save over $115,000. Here’s how the fintech startup hopes to thrive in a space dominated by the likes of Cowr…
Nigerians briefly abandoned remote work post-lockdown, but seem to have embraced it again
According to Google’s Community Mobility Reports, Nigerians actively went to work at their workplaces as soon as the lockdown was eased. But since late June, they seem to have reverted to working from…
Gokada CEO, Fahim Saleh, passes on
Gokada founder and CEO, Fahim Saleh has passed on. He will be remembered for his impact on the Lagos ride-hailing scene and the Nigerian tech ecosystem in general.…
An insight into how Tokyo-based VC, Samurai Incubate Africa, invests in African startups
Samurai Incubate Africa, Japanese early-stage VC firm, arrived on African shores in 2018. Since then, it has invested in 21 startups including Wallets Africa and more recently, Eden Life. Here’s how i…
TradeDepot raises $10m pre-Series B funding for expansion and new financial products
Nigerian B2B eCommerce startup has raised $10m in pre-Series B funding. This comes after its $3m Series A in 2018. The new funding will allow it expand to other African countries and also offer financ…
Akiddie wants to create the largest collection of African children’s stories
These days, African children read and know more about Western stories than indigenous ones: think Zeus and Sango. Akiddie, a Nigerian media startup, is working towards changing that narrative.…
Safaricom’s financials show how much stake it owns in the new M-Pesa venture
When Safaricom and Vodacom acquired M-Pesa from UK telecoms operator, Vodafone, details of their stakes and acquisition costs were still unclear. But we can tell from their financials.…
So far in 2020, African startups have raised about $500m but see a big Q2 slump
In the first half of 2020, African startups raised about $500m. Despite this figure being higher than that of Q1 2019, the total funding this year might be lower than its already alarming projections.…
An insight into how Ingressive Capital invests in African startups
Ingressive Capital has invested in 12 startups in Nigeria and Ghana. Following the completion of its $10m fund, founder and partner, Maya Horgan Famodu gives insight into how the venture fund invests.…
4 key metrics from Carbon’s financials in the past three years
Earlier this week, Nigerian fintech startup, Carbon, released its financials for the second year running. Here are four key metrics that signal the company’s growth since 2017.…
How South African startup, Voyc, is taking its AI-backed contact centre software beyond Africa
Founded in 2018, SA-based startup, Voyc helps African call centre operators, via its software, make informed decisions. With headquarters in the Netherlands, Voyc is rebranding and expanding to intern…
Pan-African payments gateway, MFS Africa acquires Beyonic in an undisclosed deal
One of Africa’s leading mobile money API providers, MFS Africa has acquired payments management startup, Beyonic, in an undisclosed deal. This deal will see them take cross-border payments aroun…
In conversation with Abdulrahman Jogbojogbo, product marketer at Paystack, on Wix integration and Paystack Commerce
With a number of fintech startups venturing into the eCommerce space, we try to understand why Paystack is doing so in this interview with Abdulrahman Jogbojogbo, a product marketer at the startup.…