Jumia Appoints Vinod Goel as Regional CEO East Africa
May 13, 2024
Jumia has announced the appointment of Vinod Goel to be its Regional CEO for East Africa. He will head operations in both Kenya and Uganda as direct CEO. He takes over the role from Charles…
2 Kenyan Non-profits Selected for Google’s First Generative AI Accelerator
May 7, 2024
Google has released the list of the participants in its first Generative AI (GenAI) Cohort. 21 non-profits have been selected with 2 of them based in Kenya. The organizations will have access to the $20…
BuuPass Acquires Quickbus to Expand Operations to Nigeria And South Africa
May 6, 2024
BuuPass has finalised the acquisition of Quickbus, a significant player in the bus ticketing service sector in Nigeria and South Africa. BuuPass is a B2B2C mobility marketplace that enables users to search, compare, and book…
Applications are now Open for the Google for Startup Accelerator Africa Program
May 6, 2024
Google has opened applications for the 8th cohort of the Google for Startups Accelerator Africa program.With this cohort, Google is specifically targeting startups that are harnessing the potential of artificial intelligence (AI) and machine learning…
Renda Closes a $1.9 Million Pre-Seed Funding Round
May 3, 2024
Renda, a Nigerian technology solution that simplifies order fulfillment and retail distribution for businesses in Africa, has announced the close of a its pre-seed round at $1.9m in equity and debt funding. The equity investment…
Saad Kassis Mohamed led WeCare Raises $350000 for Lab-Grown Diamonds
May 2, 2024
Saad Kassis Mohamed, leading WeCare, proudly announces a milestone achievement with the successful raise of $350,000 dedicated to accelerating innovation in the lab- grown diamond sector. This significant funding marks a pivotal moment in the…
Twiga Foods Appoints Charles Ballard as its new CEO
April 30, 2024
Twiga Foods has today announced the appointment of Charles Ballard as its new CEO. Charles was previously the CEO of Jumia Kenya, a position he has held for just one year. He has over 15…
Nigeria’s on-demand delivery service, Chowdeck, Secures $2.5 Million in Seed Funding
April 30, 2024
Chowdeck, a Nigerian on-demand delivery service has secured $2.5 million in seed funding from a number of investors. Founded in October 2021, Chowdeck currently has more than 3,000 riders and 500,000 users on its platform….
Ethiopia's Kubik Raises Additional $1.9 Million Seed Funding Extension
April 29, 2024
Kubik has announced the completion of $5.2 million seed funding round. The seed round makes Kubik the first Ethiopian company to raise a multi-million dollar investment in climate and sustainability solutions. Investors in the round include…