Africa
Kenyan FinTech startup, Paylend raises $2 million
Paylend, a Kenyan FinTech startup focused on providing access to finance and digitizing MSMEs in Kenya have today announced that it has raised $2 million dollars seed investment from Next Chymia Consu...
Winners of AYuTe Africa Challenge announced
Nnaemeka Ikegwuonu, founder and CEO of ColdHubs, a Nigerian business that provides solar-powered, walk-in coolers for smallholder vegetable farmers and Jehiel Oliver, founder and CEO of Hello Tractor,...
African Private Equity and Venture Capital Association sets up a new training academy
To bolster economic and social growth in Africa, the African Private Equity and Venture Capital Association (AVCA) has announced the establishment of the AVCA Training Academy (“AVCA Academy”) to prov...
AfriTech now open for applications
Telecel Group has opened applications for the ASIP Accelerator Program, powered by Startupbootcamp AfriTech. The Program helps startups achieve 18-24 months of growth in just three months. Now, the ne...
Germany Africa Business Forum to invest in African energy startups
The Germany Africa Business Forum e.V. (“GABF”), whose goal is to strengthen investment ties between Germany and Africa, announced it has, in collaboration with private partners from the energy indust...
Kenyan solar startup SunCulture raises funds
Kenya startup success story, SunCulture added yet another chapter in its book as it closed an investment round with the EDF Group to raise money to expand its operations. EDF joins SunCulture’s existi...
Pawame got powered up by $2 million
Off-grid solar start-up, Pawame (pronounced “power me”) got charged up by $2 million as the company was able to raise funds from Gulf-based investors to expand its operations in Kenya and other Africa...
Pawame Selected as Finalist for SXSW Accelerator Pitch Event
Pawame, the UAE- and Kenya-based off-grid solar company focusing on Africa, has been selected as a finalist in the Payment and Fintech Technologies category for the 10th annual SXSW Accelerator Pitch ...
Mondo Ride Secure $2 Million in Seed Funding
Mondo Ride, Africa’s leading ride hailing mobile app platform, has closed a second financing round of $2 million, bringing the total seed investment to $5m.