Startups
In nearly a decade, hundreds of entrepreneurs have emerged with innovative startups across the African continent. We provide insights on their experiences and highlight the activities of investors who fund them.
Top stories
After watching his mother struggle to access financing for a solar asset, ex-Amazon employee, Ifeanyi Ukwuoma built Powerfull to de-risk lending in the solar financing space.
In this exclusive interview with Techpoint Africa, Olumide Olusanya, supported by testimonies from two other sources familiar with the situation, shares his perspective on KloudCommerce’s demise, as he pursues legal action
CBN backs Swap, Flutterwave’s answer to Nigeria’s FX problems. It was launched in partnership with Wema Bank and Kadavra, a digital bureau de change platform.
Nestcoin gets $1.9m strategic funding to strengthen its balance sheet after tough 2022
From VConnet to KeyaHelp, many have tried and failed to disrupt Nigeria’s home service market, but, Fast Forward has backed Clickafix as its aims to fill the gap with a ₦24,000 yearly subscriptions.
Itana (formerly Talent City) has raised a $2 million pre-seed to help the startup raise Nigeria’s ease-of-doing-business index, spur foreign direct investment (FDI), and increase employment.
Kotani Pay, a Kenyan fintech startup, has raised $2 million in pre-seed funding to expand into Rwanda, Senegal, the Ivory Coast, Tanzania, and Nigeria.
After years of torturous Lagos traffic, Philip Ogunaike built Parkwell to help people locate and book the best parking spots in African cities. Here’s how it works.
Anchor, a Nigerian fintech startup, has announced a $2.4 million seed investment after emerging from stealth in 2022 with $1 million in pre-seed funding. The money will go towards expanding the company’s product line.
Tunisian contech startup, SeekMake, gets $539K from Lafayette Group to fuel international expansion. This is Lafayette’s first investment in a Tunisian or foreign startup.
As Flutterwave reaffirms its IPO plans, we address concerns regarding the company’s seriousness and CEO Gbenga Agboola’s billionaire status in the event of a successful public offering.
LemFi, founded by former OPay employees, has raised a $33 million Series A round to drive its expansion and product development.
NALA’s users in the UK and EU can now send money to Nigerians via the app. The Tanzanian startup states it is working on obtaining the necessary licence to allow users in Nigeria to send money out of the country.
The Competition Authority of Kenya has cleared Moniepoint to acquire Kenyan fintech, Kopo Kopo.
Uche Ukonu went from craving small chops on a Saturday morning to building a startup that has made ₦100 million selling small chops online, with zero funding. Here’s how he did it.
Zanifu has secured $11.2 million in debt-equity funding in a pre-Series A round to scale its operations in Kenya and expand its solutions to distributors.
With more than 10 partnerships secured, Jumia could soon launch buy now, pay later services in Egypt.
Kenyan eCommerce startup, MarketForce, is raising $1 million on crowdfunding platform, Capitalize.
Payments giant, Mastercard, buys Into MTN’s future, secures stake in $5.2 billion fintech division.
After bagging a degree in agricultural engineering from the University of Nigeria, Alex Onyia decided to become a software developer. Today, his edtech startup operates in three continents with plans for expansion.