Umba Secures $5M to Deepen Vehicle and SME Lending in Kenya
Nairobi-based neobank Umba has raised $5 million in debt funding to expand its secured lending...
Startup
Susan Olalere Kobo360’s Leadership Crisis: Can Obi Ozor’s Return Save the Startup?
For a company that once symbolized the promise of tech-driven logistics in Africa, Kobo360 has...
Vendease’s Restructuring Deepens as Layoffs Continue Amid Profitability Push
Vendease, the Y Combinator-backed food procurement startup, has implemented another round of layoffs, marking a...
Emmanuel Babalola, Former CEO of Bundle Africa Joins Fincra as Chief Commercial and Growth Officer
Fincra, a B2B payments startup, has appointed Emmanuel Babalola as its new Chief Commercial and...
Nigerian Fintech Startup Accrue Secures $1.58M Seed Funding for Cross-Border Payment Expansion in Africa
Accrue, a Nigerian fintech startup, has secured $1.58 million in seed funding, led by Lattice...
2024’s Most Funded African Startups and the Investors Powering Their Success
The African startup ecosystem has continued to evolve as a magnet for innovation, resilience, and...
BasiGo Secures $42 Million to Drive Electric Bus Expansion in East Africa
BasiGo, a company that’s reshaping public transport with electric bus solutions across sub-Saharan Africa, has...
Klas – Nigerian EdTech Secures $1M Funding for Global Expansion in Online Education
Nigerian edtech startup Klas has successfully secured $1 million in pre-seed funding in a round...
Christopher Ugbaja InspiraFarms Cooling Secures Million-Dollar Investment for Sustainable Cold Chain Solutions
InspiraFarms Cooling, the Kenyan pioneer in cooling solutions, has just secured a substantial $1.09 million...
Not Another Shutdown: Zazuu, Dash, and the Ominous Echo of African Tech’s Dismal 2023
The year 2023 has become, to players and investors in the African tech scene, an...