13 Deals across the continent over the last week ⬇️ 28 investors & ~$62m disclosed across stages. 💰 Vendease (YC W21) (Nigeria) raised a…
One scene for observing a rising buzz in the restaurant business in Lagos is at Ikota, a few miles into the relatively…
YC-backed fintech Numida raises $12.3M led by Serena Ventures to extend loans to MSMEs beyond Uganda
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Micro, small and medium-sized enterprises (MSMEs) across Africa make up the bulk — over 90% — of businesses in the continent but…
Women-led start-ups with sustainable energy solutions in Ghana, Malawi, Morocco, and South Africa are invited to apply for funding of up to…
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…
Nigerian online marketplace, Vendease, has raised a $30 million Series A round to support its continental expansion. The Series A funding includes…
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…
Kenya: Nairobi-based accelerator The Baobab Network invests $200,000 in four African start-ups
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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,…
Ivory Coast: Ivorian e-commerce startup ANKA, formerly Afrikrea, raises $6.2M pre-Series A
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A study by McKinsey & Company on general e-commerce activities in Africa says consumer spending will reach over $2 trillion in the next three…
