Startups

EXCLUSIVE

Nigerian insurtech startup Curacel has raised a $3 million seed to expand into North Africa

EXCLUSIVE

Treepz launches in Kenya on the back of a $1.2 million investment 

Treepz Kenya launch

EXCLUSIVE

Kenyan fintech startup, Power, secures $3 million in seed funding to enter other African markets

EXCLUSIVE

Cleantech startup, Qotto, raises $8 million Series A to expand to Ivory Coast

EXCLUSIVE

Kenya’s BuuPass has raised $1.3m pre-seed to digitise pen and paper public transport ticketing system in East Africa

BuuPass' co-founders

EXCLUSIVE

Egyptian healthtech startup, Yodawy, raises $16 million Series B round

EXCLUSIVE

South African startup, Sendmarc, closes $7 million Series A to expand its team

EXCLUSIVE

Saudi Arabia-based HR tech platform, Palm.hr, raises $5 million to expand to Egypt

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




















Nigerian insurtech startup Curacel has raised a $3 million seed to expand into North Africa

Founded in 2019 by Henry Mascot and John Dada, Curacel has raised a $3 million seed to expand into North Africa

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Treepz launches in Kenya on the back of a $1.2 million investment 

Nigerian mobility startup, Treepz, has announced its launch in Kenya and an additional $1.2 million investment.

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Kenyan fintech startup, Power, secures $3 million in seed funding to enter other African markets

Launched in 2020 by Brian Dempsey and Chandra Singh, the company plans to continue partnering with Southern African banks to offer new services while scaling in Kenya.

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Cleantech startup, Qotto, raises $8 million Series A to expand to Ivory Coast

Founded in 2016, the company will also use the funds to scale its operations in Benin and Burkina Faso.

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Kenya’s BuuPass has raised $1.3m pre-seed to digitise pen and paper public transport ticketing system in East Africa

Kenya’s BuuPass raises $1.3 million pre-seed to digitise Kenya’s public transport sector for operators and their customers.

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Egyptian healthtech startup, Yodawy, raises $16 million Series B round

Egyptian healthtech startup, Yodawy, has raised $16 million in a Series B round to power its Middle East and Africa expansion plans.

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South African startup, Sendmarc, closes $7 million Series A to expand its team

The company, launched in 2020, hopes its commitment to email and domain security will play a critical role in protecting companies and users from the harmful effects of email impersonation across Africa, the United States, Europe, and Latin America.

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Saudi Arabia-based HR tech platform, Palm.hr, raises $5 million to expand to Egypt

Founded by Richard Schrems (CEO), Christoph Czichna (COO) and Dragan Nikolic (CPO) in 2019, the HR tech platform will also use the funds to expand to the UAE.

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 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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