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
Nigeria’s inflation rate in 2022 was 162% higher than the global average. In this article, we talked with experts to see how startups can cope with the rising costs of doing business in Nigeria.
The CBN Governor has launched AfriGo, Nigeria’s Domestic Card Scheme. Local payments may also be discontinued for VISA and Mastercard.
Studies have shown that Nigerian women face birth-related health issues during pregnancy, childbirth, and postpartum. However, Babymigo claims to be mitigating these issues while making motherhood easier.
Two months after announcing its UK expansion, Kuda has received a licence to operate a digital bank in Pakistan.
The proptech marketing platform plans to transform how real estate agencies, developers, and agents interact with their end users.
It will also use the funds to lucence new games and expand Pay1st, its embedded finance platform.
Kenyan fintech startup Kwara raises $3m seed extension to help credit unions digitise their operations
Nigerian fintech startup, TeamApt, has rebranded to Moniepoint as it plans product and market expansion. With more than $1 billion in disbursed loans, could it also be a unicorn?
COVID-19 posed several challenges while also encouraging African innovation; one such startup innovating is Airmed, a Nigerian healthtech startup. In this article, I discuss how Airmed brings consultation and medication delivery closer to patients.
A year after announcing its Series B round, artificial intelligence startup, InstaDeep, will be acquired by BioNTech for $683 million.
Despite rising inflation, users of Nigerian fintech startup, Bamboo, continued investing in stocks in 2022.
Nigerian fintech startup, CredPal, has launched a ride now, pay later service in collaboration with Bolt.
Currently available in 29 countries, Jetstream plans to use the funds to enter new markets.
Releaf, an agritech startup headquartered in Nigeria that builds technology to make it easier for FMCGs to access high-quality ingredients for their factories, has raised $3.3 million in a pre-Series A round.
Techstars Toronto announces the graduation of nine African companies from the winter 2022 cohort of its accelerator program. The companies represent a range of industries and will receive funding, mentorship, and access to a network of entrepreneurs. #techstars #startups
Egyptian procurement platform for hotels, restaurants and catering (HoReCa) businesses, Suplyd, has raised $1.6m in pre-seed funding to expand beyond Cairo and scale its technology
Shortly after a quiet round of staff dismissals, Moove, a mobility fintech company, has raised $30 million in its fifth funding round of 2022, bringing the total amount raised this year to $181.8 million. It says the funds will be used to expand its EV fleet in the MENA region.
Chipper Cash, an African cross-border payments company startup valued at slightly over $2 billion, has reportedly laid off many employees
Founded in 2017, Synatic offers a low-code/no-code solution for integrating internal and external data sources