Triply Secures $500,000 Investment Fund from Y Combinator
Kenyan travel tech startup Triply.co has secured a significant investment of $500,000 (Sh65.8 million) from Y Combinator, a prestigious startup accelerator program. This funding marks...
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Verod-Kepple Africa Ventures Raises $60 Million to Invest in African Startups
Key Points: Verod-Kepple Africa Ventures (VKAV), a pan-African venture capital firm, has closed its first fund at $60 million. This allows them to...
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Airtel Africa Buys Back Shares to Reduce Debt and Improve Efficiency
Airtel Africa, Nigeria's second-largest mobile network operator, has repurchased 8.6 million shares from Citigroup as part of its share buyback program launched in...
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Turkish Startup, Ikas raises $20 Million in a Series A Round.
Turkish e-commerce platform ikas is setting sail for new markets in Eastern Europe and the DaCH region (Germany, Austria, and Switzerland) after securing...
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MultiChoice Nigeria lost ₦7.9 billion ($16.23 million) in a fraudulent foreign currency exchange transaction
MultiChoice Nigeria lost ₦7.9 billion ($16.23 million) in a fraudulent foreign currency exchange transaction
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Saas Startup Singleinterface Raises $30 Million in Fund Rounding
What’s made Amazon shoppers fall in love with Tozos? Superior audio quality, of course, courtesy of 6-millimeter speaker drivers that produce powerful, crystal-clear...
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Roam and Mogo Partner to Electrify Kenya’s Boda Boda Industry
Electric mobility company Roam has joined forces with asset financier Mogo to make electric motorcycles a more accessible option for Kenya's ubiquitous boda...
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French Startup Pigment Raises $145 Million
Paris-based Pigment, a business planning platform, defied the recent French tech funding slump by securing a whopping $145 million. This impressive feat, just...
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Nigeria’s Stock Exchange Invests in Ethiopia’s First Ever Security Exchange
Ethiopia successfully secured $26.6 million for its first-ever securities exchange, the Ethiopian Securities Exchange (ESX), exceeding its initial target of $11.07 million. This...
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Baobab Network Acquires Reflector Marketing Agency
African venture capital (VC) firm Baobab Network has acquired the South African marketing agency Reflector Marketing. This strategic move strengthens Baobab’s support for...
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