Startups

EXCLUSIVE

 Partech closes $263m Africa-focused fund

Partech Africa

EXCLUSIVE

Chari raises $1 million from Orange Ventures 

EXCLUSIVE

Nigerian healthtech startup, Remedial Health, is digitising the pharmaceutical supply chain and offering inventory financing to pharmacies   

Remedial Health co-founders

EXCLUSIVE

There were more biometric fraud attempts on BNPL platforms than crypto across Africa in 2022 

Several dollar notes and a handcuff, indication fraud

EXCLUSIVE

South African fintech startup, Lulalend, raises $35 million Series B to launch new products

EXCLUSIVE

Egypt gets its first unicorn as MNT-Halan announces a $400 million investment 

MNT-Halan founders, Mounir Nakhla and Ahmed Mohsen

EXCLUSIVE

Central Bank of Kenya approves 12 more digital lenders

Central Bank of Kenya. Source: Business Daily

EXCLUSIVE

Clane receives payment solution service licence from CBN

EXCLUSIVE

How Nigerian startups can handle rising inflation and operational costs in 2023

EXCLUSIVE

With Afrigo card, CBN wants to replace VISA and MasterCard in Nigeria

virtual cards

EXCLUSIVE

Nigerian healthtech platform, Babymigo, is making motherhood easier and reducing maternal and neonatal mortality

EXCLUSIVE

Kuda receives licence to operate a digital bank in Pakistan

Black hand holding a Kuda card raised high. The background shows Kuda logo and Kuda with a full stop

EXCLUSIVE

South African proptech startup, Flow, raises $4.5 million pre-Series A to expand into Europe

EXCLUSIVE

South African gaming startup, Carry1st, secures $27 million pre-Series B to develop and publish new games

Carry1st

EXCLUSIVE

Kenyan fintech startup Kwara raises $3m seed extension to help credit unions digitise their operations

Kwara-Cofounders-David-and-Cynthia-min

EXCLUSIVE

TeamApt is now Moniepoint! What’s next for the fintech startup?

Tosin and Felix Moniepoint

EXCLUSIVE

Nigerian healthtech startup, Airmed, brings consultations closer to you and expedites medication delivery within an hour

EXCLUSIVE

Tunisian startup, InstaDeep set to be acquired by BioNTech for $683 million

EXCLUSIVE

Gen X users are the second largest investor group on Bamboo 

fintech investment

EXCLUSIVE

CredPal users set to “ride now, pay later” as startup announces partnership with Bolt

Passengers Hitching a ride together on Hytch




















 Partech closes $263m Africa-focused fund

Partech closes $263m Africa-focused fund

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Chari raises $1 million from Orange Ventures 

Orange Ventures, the venture capital arm of Orange Group has invested $1 million into Moroccan eCommerce startup, Chari.

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Nigerian healthtech startup, Remedial Health, is digitising the pharmaceutical supply chain and offering inventory financing to pharmacies   

Remedial Health, founded by two experienced and successful businessmen, Samuel Okwuada and Victor Benjamin, raised $5.4 million in pre-seed and seed rounds in 2022. The company claims to digitise the pharmaceutical supply chain; this article shows how.

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There were more biometric fraud attempts on BNPL platforms than crypto across Africa in 2022 

There were more biometric fraud attempts on BNPL platforms than crypto across Africa in 2022

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South African fintech startup, Lulalend, raises $35 million Series B to launch new products

The company will use the funds to expand its loan book and invest in technology and talent to accelerate the launch of its new digital business banking proposition.

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Egypt gets its first unicorn as MNT-Halan announces a $400 million investment 

MNT-Halan has received a $400 million investment that makes it Egypt’s first unicorn.

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Central Bank of Kenya approves 12 more digital lenders

Kenya’s Central Bank has approved 12 extra digital lenders bringing the total number of approved lenders to 22.

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Clane receives payment solution service licence from CBN

Nigerian fintech startup, Clane has been granted a payment service solution licence by the Central Bank of Nigeria.

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How Nigerian startups can handle rising inflation and operational costs in 2023

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.

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With Afrigo card, CBN wants to replace VISA and MasterCard in Nigeria

The CBN Governor has launched AfriGo, Nigeria’s Domestic Card Scheme. Local payments may also be discontinued for VISA and Mastercard.

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Nigerian healthtech platform, Babymigo, is making motherhood easier and reducing maternal and neonatal mortality

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.

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Kuda receives licence to operate a digital bank in Pakistan

Two months after announcing its UK expansion, Kuda has received a licence to operate a digital bank in Pakistan.

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South African proptech startup, Flow, raises $4.5 million pre-Series A to expand into Europe

The proptech marketing platform plans to transform how real estate agencies, developers, and agents interact with their end users.

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South African gaming startup, Carry1st, secures $27 million pre-Series B to develop and publish new games

It will also use the funds to lucence new games and expand Pay1st, its embedded finance platform.

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Kenyan fintech startup Kwara raises $3m seed extension to help credit unions digitise their operations

Kenyan fintech startup Kwara raises $3m seed extension to help credit unions digitise their operations

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TeamApt is now Moniepoint! What’s next for the fintech startup?

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?

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Nigerian healthtech startup, Airmed, brings consultations closer to you and expedites medication delivery within an hour

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.

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Tunisian startup, InstaDeep set to be acquired by BioNTech for $683 million

A year after announcing its Series B round, artificial intelligence startup, InstaDeep, will be acquired by BioNTech for $683 million.

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Gen X users are the second largest investor group on Bamboo 

Despite rising inflation, users of Nigerian fintech startup, Bamboo, continued investing in stocks in 2022.

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CredPal users set to “ride now, pay later” as startup announces partnership with Bolt

Nigerian fintech startup, CredPal, has launched a ride now, pay later service in collaboration with Bolt.

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