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
Remedial Health has raised $4.4 million in its seed round as it seeks to expand its coverage of Nigeria.
Money laundering charges against RemX Capital Limited, Avalon Offshore Logistics Limited, and OIT Africa Limited have been dropped by Kenya’s Asset Recovery Agency.
While fintech startups dominated Nigeria’s representation in Y Combinator’s Summer 2022 batch, two food delivery companies made the cut. With impressive revenue figures a year after launching, we examine the prospects of food delivery startups in Nigeria.
The company, which claims to have merchants in all 774 Nigerian local governments, also plans to expand its team.
Immunisation prevents over four million deaths annually, but many children do not get vaccinated. HelpMum wants to change this with a grant from the Patrick J. McGovern Foundation.
With less than 30% of Nigerian cars insured, ETAP wants to make car insurance easier to get.
Zapper, a South African mobile payments company, has partnered with Stitch, a South African API fintech startup, to allow Zapper users to make instant electronic funds transfer (ETF) payments.
Five months after completing a pre-seed round, Nigerian fintech startup, Duplo, has received $4.3 million in its seed round to improve payment for businesses.
Kenya’s fintech startup, Pezesha, secures $11 million in pre-Series A to expand its embedded finance offering beyond its current markets. It has also expanded into Nigeria, Rwanda, and Francophone Africa.
Grey, a Nigerian fintech startup, raises $2 million in a seed round to expand into East Africa and to launch its business-focused product, Grey Business, in Nigeria and Kenya.
YC-backed fintech Anchor receives $1 million to enable businesses to offer banking services.
Despite the challenges facing eCommerce in Nigeria, Aderonke Ajose-Adeyemi, Co-founder and CEO of Losode, is adamant that her team has what it takes to build the infrastructure for trade in Africa.
On the back of a recent fundraising round, Egyptian BNPL startup, valU has acquired Paynas to extend its services to its customers.
Sabi, a Nigerian eCommerce startup, has launched in South Africa and plans to tap into the country’s $9 billion informal economy.
French-based and Africa-focused startup, Koolboks, has secured $2.5m in a seed round to expand across Nigeria and open offices in the Democratic Republic of the Congo and Ivory Coast.
Airbnb disrupted hotels, PieMe wants to do that for African restaurants. Here’s how the Ugandan-based startup wants to help you turn your kitchen into a profitable restaurant
Kenya’s B2B agritech startup, iProcure, has raised $10.2 million in Series B funding to expand to Tanzania and grow its presence in Kenya and Uganda, where it currently operates.
Pastel, a Nigerian bookkeeping and digital platform for merchants has raised a $5.5 million seed round to expand its product offerings.