Kofa Raises $8.1 Million in Pre-Series A Funding
April 30, 2025
Kofa, the tech energy company and end-to-end ecosystem enabler, has announced the close of an $8.1 million pre-Series A funding round. The investment, comprising $3.25 million in equity, $4.315 million in debt, and $590,000 in…
Standard Chartered Launches Cohort 8 of Women in Tech Programme
April 29, 2025
At the launch event for Cohort 8 of the Women in Tech programmme, a collaboration between Standard Chartered Bank and iBizAfrica at Strathmore University, there was no shortage of inspiration. Held earlier today at Standard…
Kijani’s Green Procurement Model Earns Silver Recognition in Cape Town
April 29, 2025
Kijani Supplies, a sustainable logistics and supply chain tech company, has been awarded a Silver Badge in the “Local Sourcing” category at the WTM Africa Responsible Tourism Awards 2025, held in Cape Town. This award…
Nigeria’s OmniRetail Raises $20 Million Series A to Scale B2B Operations
April 28, 2025
OmniRetail, the Nigerian B2B commerce platform, has raised $20 million in a Series A equity round. This round was led by Norwegian development finance institution Norfund and Timon Capital with the participation of Ventures Platform,…
DPI Launches New Venture Capital Arm to Back Africa’s Early-Stage Tech Startups
April 22, 2025
Development Partners International (DPI) is announcing the launch of DPI Venture Capital which will target investments in early stage, growth-orientated technology businesses across Africa. DPI has identified a unique opportunity to support early-stage companies and…
Moniepoint Launches MonieWorld, Expands to UK with Remittance Service to Nigeria
April 22, 2025
Nigerian fintech, Moniepoint, has officially launched MonieWorld, a new remittance platform designed to serve the Nigerian diaspora in the United Kingdom. This is the company’s first foray outside Africa. MonieWorld has been developed by Moniepoint…
Visa Invests in Konnect and PayTic Following Africa Accelerator Demo Day
April 22, 2025
Visa has announced investments in two fintechs that took part in the Visa Africa Fintech Accelerator program. Visa’s investments include Konnect, a Tunisian fintech that enables seamless, accessible, and instant payments by provisioning links that…
Google Opens Applications for 2025 Startups Accelerator Africa Program
April 17, 2025
Google is now accepting applications for the 2025 Google for Startups Accelerator program. This is a three-month program designed to support early-stage startups that are using Artificial Intelligence (AI) to address Africa’s pressing challenges. The…
Stanbic and GIZ Launch Program to Empower 300 Women-Led Green Enterprises in Kenya
April 15, 2025
Stanbic Kenya Foundation in collaboration with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), has opened applications for the Women Employment for the Green Transformation (WE4D) program — an initiative set to empower 300 women-led small green-sector enterprises…