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…
OpenseedVC Closes a $10M Angel-Style Early Stage Fund
May 20, 2024
OpenseedVC, a new operator-led fund seeking to be first investors in seasoned operators starting their technology companies across Africa and Europe, has officially launched, announcing the first close of its $10M angel-style early stage fund…
Nigerian Startups Dominate the 2nd Cohort of Visa’s Africa Fintech Accelerator Program
May 20, 2024
Visa has announced the startups shortlisted to take part in the second cohort of its Africa Fintech Accelerator program. Visa says 20 startups have been shortlisted but has only shared 18 of them. Out of…
EV Company Spiro Secures $50 Million Debt Facility from Afreximbank to Expand in Africa
May 20, 2024
Spiro has announced the signing of a $50 million debt facility with he African Export-Import Bank (Afreximbank). The agreement was signed during the Africa CEO Forum in Kigali, Rwanda. The funds will be used to…
Financial Times Ranks Moniepoint as Fastest Growing Fintech for 2nd Consecutive Year
May 15, 2024
The Financial Times has ranked Moniepoint as Africa’s fastest-growing fintech. This is the second year Moniepoint has been ranked as the fastest-growing fintech and also Africa’s top four fastest-growing companies overall. The survey was compiled…
Senegalese Startup, Maad, Raises $3.2 Million to Expand its Tech & Logistics Platform Informal Retailers Across Francophone Africa
May 14, 2024
Maad, a Senegalese startup, has announced the close of a $3.2 million seed funding round consisting of both debt and equity. Maad is one of the fastest growing tech & logistics platform for informal retailers…
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…