10 African Ventures Selected to Showcase Solutions at Africa Tech Summit Nairobi 2025
January 16, 2025
The Africa Tech Summit Nairobi has announced the 10 African tech ventures that have been selected to showcase their solutions for potential funding and partnerships on February 12th and 13th at the Sarit Expo Centre…
Purple Elephant Ventures Raises $4.5M to Lead Tourism-Tech Innovation in Africa
January 16, 2025
Purple Elephant Ventures (PEV) has raised $4.5 million in seed financing, marking one of the largest tourism-tech rounds in African history. This landmark investment will accelerate PEV’s mission to transform the continent’s tourism industry into a global leader in regenerative…
Sistema.bio Secures $3.5M Investment from Novastar Ventures to Expand in Africa
January 16, 2025
Sistema.bio, a global leader in the delivery of biogas technology, financing, and services for family farmers worldwide, announces Novastar Ventures as its newest investor. Novastar has joined Sistema.bio’s recent internal financing round of USD 7.75 million with…
Techstars and Merce Anders Launch Startup Community Catalyst Africa Botswana
January 15, 2025
Techstars and Merce Anders Equity Group announced today the launch of Techstars Startup Community Catalyst Africa Botswana. Over the next two years, Techstars Startup Community Catalyst Africa Botswana will run a series of pre-accelerator and startup education…
Nigerian Fintech, LemFi, Raises $53 Million in Series B Funding
January 14, 2025
Nigerian fintech, LemFi, has raised $53 million in series B funding according to TechCrunch. This funding round was led by Left Lane Capital and saw the participation of Y Combinator. “We’ve kept our fraud rate extremely…
Applications Now Open for the 4th Edition of the Visa Africa Fintech Accelerator
January 7, 2025
Visa has officially opened applications for the 4th edition of the Visa Africa Fintech Accelerator. This is its biannual program that seeks to offer startups access to all the necessary tools, industry connections and mentorship…
PayMint Launches its First Prepaid Meeza Card in Collaboration with ADIB Egypt
January 6, 2025
PayMint, a leading financial technology company, has announced the approval from the Central Bank of Egypt to launch its first prepaid “Meeza” card in collaboration with Abu Dhabi Islamic Bank (ADIB) Egypt. This move is…
Village Capital Invests $150,000 in Two Women-Led Startups, Rhea and Regxta
January 6, 2025
Village Capital has announced the investment of $150,000 in two women-led startups, Rhea Soil Health Management (Rhea) and Regxta. This is facilitated through Standard Chartered’s Women in Tech Financing Facility that seeks to support alumni…
Uganda Ministry of Trade, Industry and Cooperatives Partners with Hindsight Ventures for NINJA Acceleration Program
January 2, 2025
The Uganda Ministry of Trade, Industry and Cooperatives has onboarded Hindsight Ventures as a program implementation partner under the support of JICA towards the NINJA Acceleration Program for growth-stage ventures from Uganda. The program is…