Startups

EXCLUSIVE

Kenya’s insurtech startup, Lami Technologies, raises an extra $3.7m seed round to expand its insurance product offerings

EXCLUSIVE

Youverify, an identity verification startup, closes an additional $1 million seed to verify 2 billion identities

EXCLUSIVE

Here’s how African businesses are changing how they communicate with customers

EXCLUSIVE

South African startup, Qwili, raises a $1.2 million seed round to improve its operations

EXCLUSIVE

Nigerian fintech startup, Azapay, wants to make cardless payments seamless

EXCLUSIVE

Liquid Technologies launches Africa’s first Cyber Security Fusion Centres in South Africa

Liquid Intelligent Technologies

EXCLUSIVE

Rentit is helping Nigerians save costs through rentals

The Rentit team.

EXCLUSIVE

Kenya’s SNDBX is helping African startups build for global markets

SNDBX CEO, Joram Mwinamo

EXCLUSIVE

Flutterwave’s messy web of controversies casts dark clouds on its future

Some members of the Flutterwave team

EXCLUSIVE

Nigerian startup, Raenest, wants to help Africans get hired and paid anywhere

Techie on the job

EXCLUSIVE

Why Kune failed in Kenya despite the global rise of cloud kitchens

Kune

EXCLUSIVE

Nigerian startup, Thepeer, raises $2.1 million to connect businesses

Thepeer team

EXCLUSIVE

Genteel is building a fashion technology giant from the slums of Kibera, Nairobi

EXCLUSIVE

“It’s tough but not undoable.” Ifeoluwa Dare-Johnson on Healthtracka’s $1.5m seed round

Healthtracka Co-founders (L-R) Victor Amusan and Ifeoluwa Dare-Johnson

EXCLUSIVE

Mpaya Energy is offering smart ways for Kenyans to manage utilities

EXCLUSIVE

Tibu Health is bringing world-class healthcare to Kenyan doorsteps

EXCLUSIVE

Nigeria’s ShopEX raises $635,000 to build the QVC of Africa

EXCLUSIVE

Dear healthtech startup, Jumia is coming for your bread!

Jumia e-commerce

EXCLUSIVE

Traction is building an ecosystem for Nigerian small businesses, starting with stopping fake credit alerts

Traction Founders

EXCLUSIVE

Canza Finance is a neobank enabling decentralised cross-border payments for Africans

A Somali man carries the money he earned from selling goats at Bakara Animal Market in Mogadishu, Somalia, on April 13. Once notorious for being both the site of Black Hawk Down, in which 18 American soldiers were killed in 1993, and later as an al-Shabaab stronghold, Bakara market is now slowly losing its past notoriety and becoming better known for its thriving economy. In the district's animal market, thousands of goats are now brought each morning, where they are sold on to later be slaughtered for their meat. AU UN IST PHOTO / TOBIN JONES.




















Kenya’s insurtech startup, Lami Technologies, raises an extra $3.7m seed round to expand its insurance product offerings

Lami Technologies, a Kenyan insurtech startup, has raised a $3.7 million seed round extension following a $1.8 million seed in May 2021. The funds will be used to expand the company’s product offerings.

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Youverify, an identity verification startup, closes an additional $1 million seed to verify 2 billion identities

In 2020, Youverify, a Lagos and San Francisco–based identity verification startup, raised a $1.5m seed round. Now, the company has announced an additional $1m seed round extension to verify 2 billion identities, among other things.

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Here’s how African businesses are changing how they communicate with customers

The traditional idea of business-to-customer communication has evolved, especially with the new crop of customer-facing products. Here’s what business owners should know to satisfy their clients.

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South African startup, Qwili, raises a $1.2 million seed round to improve its operations

Qwili, a South African startup that targets customers who are digitally excluded and unbanked via its app, has raised $1.2 million in a seed round to improve its operations.

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Nigerian fintech startup, Azapay, wants to make cardless payments seamless

Frustrated by the unreliability of card payments, Jacquelyne Madu built Azapay to enable cardless payments in Nigeria. With over 2,000 users, it plans to reach 100,000 by the end of 2022.

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Liquid Technologies launches Africa’s first Cyber Security Fusion Centres in South Africa

It’s not news that Africa is facing an increasing number of cyber threats. To combat that, Liquid Cyber Security, a Cassava Technologies company, has launched the first of its matrix of Cyber Security Fusion Centres.

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Rentit is helping Nigerians save costs through rentals

After seeing a bad projector almost derail a friend’s training program, Seun Abimbola, CEO of Rentit, set out to enable anyone to rent items they needed. Now present in four Nigerian states, he plans to scale it across Africa.

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Kenya’s SNDBX is helping African startups build for global markets

Kenya’s SNDBX is quietly disrupting the consulting space with the mission of pushing African startups to global dominance. It links entrepreneurs to over 33 experts in legal, human resources, accounting, and several other departments to help them grow and scale.

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Flutterwave’s messy web of controversies casts dark clouds on its future

Fresh from allegations of fraud and sexual harassment against its CEO, Nigerian fintech startup, Flutterwave is once again embroiled in money laundering charges in Kenya. How could this affect the company moving forward?

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Nigerian startup, Raenest, wants to help Africans get hired and paid anywhere

Although interest in African tech talents is growing, hiring them presents a considerable challenge. Raenest provides a solution that enables employers to hire seamlessly.

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Why Kune failed in Kenya despite the global rise of cloud kitchens

When Kune raised $1m to build a food startup, the story it sold caused some outrage. We decided to take a deep dive into the Cloud kitchen model and its prospects in Kenya 

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Nigerian startup, Thepeer, raises $2.1 million to connect businesses

Frustrated by their inability to move money across different fintechs, Chike Ononye and Michael Okoh built Thepeer. Today, it announces its $2.1 million seed round as it eyes expansion into other African countries.

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Genteel is building a fashion technology giant from the slums of Kibera, Nairobi

Meet Genteel, a fashion eCommerce startup using technology to create a classy African fashion experience from the slums of Nairobi

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“It’s tough but not undoable.” Ifeoluwa Dare-Johnson on Healthtracka’s $1.5m seed round

As Nigerian healthtech startup, @healthtracka closes a $1.5m seed round; Co-founder and CEO @ife_adeyemi shares the startup’s journey and what it takes to be a woman-Co-founder in the ecosystem.

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Mpaya Energy is offering smart ways for Kenyans to manage utilities

With rising inflation, the prices of basic essentials like power, water, and cooking gas are shooting up at an alarming rate. But Mpaya Energy’s smart solutions are providing an advantage for Kenyans to exploit

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Tibu Health is bringing world-class healthcare to Kenyan doorsteps

Getting affordable and stress-free healthcare is almost a luxury in Africa. With a strong logistics network, @TIBUHealth is bringing world-class healthcare to thousands of Kenyans’ doorsteps

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Nigeria’s ShopEX raises $635,000 to build the QVC of Africa

ShopEX, a Nigerian multi-channel retailer has raised a pre-seed round of $635,000 to drive its African expansion and increase its range of products.

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Dear healthtech startup, Jumia is coming for your bread!

Since listing on the New York Stock Exchange in 2019, Jumia has accelerated its plans for profitability by launching new products. In its latest move, it wants to offer healthcare to Africans. How would that play out?

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Traction is building an ecosystem for Nigerian small businesses, starting with stopping fake credit alerts

Fraudulent credit alerts can be bad for businesses, but @TractionApps is looking to solve that problem for you. We spoke to Co-founder Dolapo Adejuyigbe on how this works, among other things.

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Canza Finance is a neobank enabling decentralised cross-border payments for Africans

BDC operators in Nigeria facilitate financial transactions for individuals and businesses, but Canza Finance believes they can facilitate the adoption of cryptocurrencies.

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