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Startup and Funding

fintechStartup and Funding

Fintech with Start OA: Building a Fintech start-up in Africa – 5 things to consider

September 30, 2022
5 Mins read
Startup and Funding

Africa Fundraising Roundup

September 30, 2022
1 Mins read
13 Deals across the continent over the last week ⬇️ 28 investors & ~$62m disclosed across stages. 💰 Vendease (YC W21) (Nigeria) raised a…
Startup and Funding

Two of Africa’s biggest tech investors are backing a startup in the restaurant business

September 30, 2022
2 Mins read
One scene for observing a rising buzz in the restaurant business in Lagos is at Ikota, a few miles into the relatively…
Startup and FundingUganda

YC-backed fintech Numida raises $12.3M led by Serena Ventures to extend loans to MSMEs beyond Uganda

September 29, 2022
3 Mins read
Micro, small and medium-sized enterprises (MSMEs) across Africa make up the bulk — over 90% — of businesses in the continent but…
Startup and Funding

Sustainable energy start-ups can apply for $68k each

September 29, 2022
1 Mins read
Women-led start-ups with sustainable energy solutions in Ghana, Malawi, Morocco, and South Africa are invited to apply for funding of up to…
NigeriaStartup and Funding

Linking Nigerian farmers with buyers: Start-up taps into ‘massive opportunity’

September 29, 2022
6 Mins read
Nigeria’s weakening local currency and a shortage of US dollars in the country, have prompted many food processors and other users of agricultural raw materials to…
NigeriaStartup and Funding

Nigerian online marketplace, Vendease, closes a $30 million Series A round to expand its services to more restaurants

September 27, 2022
1 Mins read
Nigerian online marketplace, Vendease, has raised a $30 million Series A round to support its continental expansion. The Series A funding includes…
NigeriaStartup and Funding

Nigeria: Vendease, a food procurement platform for African restaurants, nabs $30M led by Partech Africa and TLcom

September 27, 2022
4 Mins read
When Vendease launched in January 2020, it wanted to solve the challenges and inefficiencies in Nigeria’s highly fragmented food sector using a marketplace model…
KenyaStartup and Funding

Kenya: Nairobi-based accelerator The Baobab Network invests $200,000 in four African start-ups

September 27, 2022
1 Mins read
The Baobab Network (TBN), a Nairobi-based accelerator that invests in early-stage tech companies across Africa, has announced its latest cohort of four startups,…
Côte d’IvoireStartup and Funding

Ivory Coast: Ivorian e-commerce startup ANKA, formerly Afrikrea, raises $6.2M pre-Series A

September 27, 2022
4 Mins read
A study by McKinsey & Company on general e-commerce activities in Africa says consumer spending will reach over $2 trillion in the next three…
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