Kenya Startup Ecosystem Platform Launches to Drive Data-Driven Growth and Global Connections
December 2, 2024
During Kenya Innovation Week, Dealroom.co, in partnership with GrowthAfrica and Systemic Innovation, launched the Kenya Startup Ecosystem Platform—a transformative, open-access database designed to drive data-driven insights and foster international connections for Kenya’s dynamic, startup and growth…
Raenest Returns as Headline Sponsor for Africa Tech Summit Nairobi 2025
November 28, 2024
Africa Tech Summit Nairobi has announced that Raenest will be the headline sponsor for the second consecutive year in 2025. The seventh edition of Africa Tech Summit Nairobi, powered by Raenest, will take place on February 12th…
Sylndr Secures EGP 370 Million Financing Facility to Transform Egypt's Used Car Market
November 28, 2024
EFG Hermes has announced that its investment banking division had completed an advisory for an EGP 370 million working capital facility for Sylndr, Egypt’s leading online used cars player. The innovative structure of this transaction…
ariika Secures $3 Million Series A Extension to Drive Regional Growth
November 26, 2024
ariika has announced the successful conclusion of its Series A extension equity round of $3 million, led by Beltone Venture Capital, a subsidiary of Beltone Financial Holding and UAE-based investment group Citadel International Holdings. This…
Applications Open for the 2025 Mastercard Foundation EdTech Fellowship
November 25, 2024
Injini, in partnership with the Mastercard Foundation, has announced the opening of applications for the 2025 Mastercard Foundation EdTech Fellowship, which supports South Africa-based start-ups aiming to improve education through innovation. The Fellowship offers participating…
Egypt’s Qara Secures $2.6M Funding to Expand Into Saudi Arabia
November 25, 2024
Qara has announced the successful completion of its $2.6 million funding round, led by strategic investors. This funding will drive the company’s expansion into the Kingdom of Saudi Arabia (KSA), supported by the National Technology…
Peach Cars Opens a Third Location in Lang'ata
November 21, 2024
Peach Cars has announced the opening newest branch in Lang’ata. This third location marks an exciting step forward for the company, building on the brand’s commitment to transforming the used car market with transparent, customer-focused…
Egyptian Insurtech, Amenli, Raises $2.3 Million in Seed Funding Round
November 20, 2024
Amenli has closed a new funding round of $2.3 million aimed at accelerating its growth and enhancing its service offerings. The investment was led by the European Bank for Reconstruction and Development Venture Capital arm…
Flourish Ventures Releases Survey on African Founders' Wellbeing and Mental Health
November 13, 2024
Flourish Ventures has published the first-ever, wide-scale survey of founder wellbeing in Africa, shining light on the experiences of early-stage entrepreneurs across the continent. Titled ‘Passion and Perseverance: Voices from the African Founder Journey,’ the research…