d.light Secures $176 Million to Expand Solar Access Across East Africa
July 17, 2024
d.light has closed a new securitization facility that will purchase $176 million of receivables in Kenya, Tanzania and Uganda. This financing is provided by social impact-focused asset management company African Frontier Capital. With this new facility,…
Kenyan Skincare Startup, Uncover, Closes a $1.4m Seed II Funding Round
July 15, 2024
Uncover has successfully closed a $1.4m Seed II funding round led by EQ2 Ventures and IgniteXL Ventures, with participation from Chui Ventures, Samata Capital and Altree Capital. As part of the round, Uncover also facilitated…
NALA Secures $40 Million in Series A Funding to Expand its B2B Payments platform
July 10, 2024
Tanzanian-born fintech, Nala, has announced that it has raised $40 million in a series A funding round led by Acrew Capital with the participation of DST Global, Norrsken22, and HOF Capital. Nala allows individuals in…
Ethiopia Launches the Inaugural National Ethiopian Startup Awards
July 5, 2024
As the host nation of the Global Startup Awards Africa, Ethiopia launched the inaugural national Ethiopian Startup Awards on 3rd June 2024 at the Entrepreneurship Development Institute (EDI). This follows the success of the Global Startup Awards Africa…
15 Kenyan Startups Selected to join Women in Tech Cohort 7 Programme
July 4, 2024
Standard Chartered and @iBizAfrica- Strathmore University have announced the latest inductees into their transformative ‘Women In Tech’ programme. This year’s Standard Chartered Women In Tech programme aims will bring together female entrepreneurs who are leveraging…
How pawaPass is Transforming User Verification in Africa: An Interview with Sylvia Brune
June 13, 2024
The digital identity and verification landscape is changing and pawaPass stands out as a key player pushing innovation. I had the opportunity to talk to Sylvia Brune, CEO of pawaPass, to discuss the company’s start,…
Nigerian Startups That Have Taken Part in Y Combinator
June 3, 2024
Y Combinator (YC) was founded in 2005 and is one of the top startup accelerators. It has invested in more than 5000 startups with a combined val;uation of $600 billion. We recently did a post…
d.light and Orange partner to open up access to off-grid solar energy in Africa
May 29, 2024
d.light has partnered with global telecom operator Orange to open up access to d.light’s range of low-cost solar products for customers in 11 African countries. d.light solar-powered products, including solar home systems, solar inverters, TVs,…
NBA Africa Launches Accelerator Focused On Early-Stage African Startups
May 25, 2024
NBA Africa today announced the launch of “Triple-Double: NBA Africa Startup Accelerator,” a startup accelerator based on the continent focused on early-stage African startup companies. Triple-Double: NBA Africa Startup Accelerator will support Africa’s tech ecosystem…