Startups
Sawari Ventures Launches $200M Fund to Boost Startups in Egypt, Kenya, and West Africa
Investors Venture Capital

Sawari Ventures Launches $200M Fund to Boost Startups in Egypt, Kenya, and West Africa

Egypt-based venture capital firm Sawari Ventures is gearing up to launch its second fund, Sawari Ventures II, in early 2025. With a target of raising $200 million, this fund aims to build on the success of the firm’s first fund and expand its reach into new sectors and regions, according to Launch Base Africa. The […]

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Kora and Pyvio Partner to Streamline B2B Payments in Africa
Business News Fintech

Kora and Pyvio Partner to Streamline B2B Payments in Africa

In a move set to revolutionise B2B payments across the African continent, Kora, a leading pan-African payment infrastructure, has announced a strategic partnership with Hong Kong-based fintech company Pyvio. The collaboration aims to simplify cross-border payment processes for Chinese e-commerce and media companies operating in Africa, allowing them to navigate the often complex regulatory frameworks […]

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Business Verge| Regfyl Raises $1.1 Million to Expand Team, Build New Compliance Product
Market Tech

Regfyl Raises $1.1 Million to Expand Team, Build New Compliance Product

Regfyl, a Nigerian startup specialising in fraud detection and digital identity verification, has secured $1.1 million in pre-seed funding. With this new capital, the company plans to expand its sales, engineering, and customer support teams, while also developing a new compliance product aimed at supply chain management. Founded by Tunde Ibidapo-Obe and Tomiwa Erinosho in […]

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TOP 7 WOMEN CHANGING THE FACE OF FINTECH IN AFRICA 
Business News Fintech

TOP 7 WOMEN CHANGING THE FACE OF FINTECH IN AFRICA 

Fintech in Africa is a rapidly growing sector, transforming the continent’s economic landscape by offering solutions that bridge gaps in traditional banking systems. With its unique ability to provide accessible financial services, fintech has fueled innovation in how Africans transact, save, and invest. It is not just reshaping banking, but also bringing financial inclusion to […]

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Nigerian Healthtech Startup, Field, Secures $11M to Revolutionise Maternal and Child Healthcare in Africa
Startups

Nigerian Healthtech Startup, Field, Secures $11M to Revolutionise Maternal and Child Healthcare in Africa

Field, a healthtech startup based in Nigeria, has raised $11 million from the Bill & Melinda Gates Foundation to confront one of Africa’s most pressing healthcare challenges: maternal and child mortality. With this funding, Field aims to deploy its route-to-market service to facilitate access to critical therapies across Nigeria and Kenya, focusing on maternal health, […]

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Startups Tech Technology

Garage: Hitting Profitability in Just 4 Months through Sheer Hard Work and Diligence

Starting a business in today’s competitive landscape is no small feat. But hitting profitability within four months of launching is even more remarkable. For The Garage, a tech-focused startup, this achievement was not by chance but the result of relentless dedication, hard work, and strategic thinking.  How It All Began: The Early Days of The […]

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Business Startups

Africa’s E-Commerce Sector to Reach New Heights: Chpter Secures $1.2 Million Pre-Seed Funding to Expand Across the Continent

Chpter, a Kenyan AI-powered social commerce platform, has secured $1.2 million in a pre-seed funding round to accelerate its growth across Africa. Founded in 2022 by Tesh Mbaabu, Mesongo Sibuti, Kuria Kevin, and Mark Kiarie—co-founders of the YC-backed startup Marketforce—Chpter aims to revolutionise how businesses engage with customers on social media platforms like WhatsApp and […]

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Fintech Startups

Kredete’s Game-Changing $2.25M Investment: Helping African Immigrants Build Credit and Manage Transfers.

Kredete, a groundbreaking financial software platform, has just secured $2.25 million in seed funding to bridge a major gap in financial services for African immigrants. This funding round, led by BFF and supported by investors like Techstars and the Tezos Foundation, underscores Kredete’s commitment to transforming how African immigrants manage their finances. Empowering Financial Futures […]

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Tech

How FirstCheck Africa is Igniting a Future of Genderless Opportunities and Boundless Innovation

It’s become well-known the struggles that entrepreneurs face, especially in initial phases of bootstrapping and trying to bring a service or product to the market. For so many, securing capital from investors is the grace that either keeps them afloat, or failing to do so, flatlines the business and all of its hope,  In this […]

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Startups

Ventures Platform names Damilola Teidi as Head of Platforms and Networks

Damilola Teidi has been appointed as the first-ever Head of Platform and Networks for African venture capital firm, Ventures Platform. Teidi, who before joining Ventures Platform was Director of Startup Support at Co-creation Hub, will now oversee the venture firm’s efforts to support its portfolio companies. She will lead a team focused on building and […]

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