Apollo Agriculture Secures $10 Million Investment for Agri-Tech Expansion in Kenya
January 29, 2024
Apollo Agriculture has announced a financial partnership with Swedfund and ImpactConnect. The injection of a combined $10 million in debt investment marks a pivotal moment for the agri-tech industry in Kenya and beyond, as Apollo…
Kenyan Start-up, Bena Care, Among the first Beneficiaries of Village Capital and Standard Chartered Bank's Initiative Empowering Women-Led Ventures
January 26, 2024
Village Capital has partnered with Standard Chartered Bank to launch a pioneering financing facility. The primary focus of this initiative is to invest in early-stage, impact-focused start-ups led by women founders, providing them with the…
Nigerian Edtech Startup, AltSchool Africa, Expands to kenya
January 24, 2024
AltSchool Africa, the Nigerian edtech startup founded in 2021, has announced its official entry to kenya. This will be its second country in East Africa after Rwanda. The startup provides a number of in-demand courses…
Shamba Pride Receives $3.7 Million Investment from AgriFI and Seedstars Africa Ventures
January 22, 2024
Kenyan based Agri SME, Shamba Pride, has announced an investment of $3.7 million from EDFI AgriFI (the EU Agriculture Financing Initiative) and Seedstars Africa Ventures. The investment is broken down to a $2 million long…
Egyptian Payments Company, Zeal, Secures $4M Funding
January 20, 2024
Egyptian payments company, Zeal, has successfully secured $4 million in funding through a round led by RAED Ventures and Cur8 Capital, alongside strategic angel investors. This funding marks a pivotal moment for the startup, as…
4 Kenyan Ventures Among the 10 Companies to Showcase their Solutions at the Africa Tech Summit Nairobi 2024
January 18, 2024
The Africa Tech Summit Nairobi is set to showcase Kenya’s tech ecosystem, featuring four Kenyan ventures that are set to captivate a diverse audience of industry experts, investors, and fellow innovators at the upcoming Africa…
Zandaux Launches B2B E-commerce Platform in Kenya
January 17, 2024
Zandaux, a B2B e-commerce platform that connects sellers and buyers across Africa, officially launched its operations in Kenya yesterday. The company has been operational in Kenya for about a year but the official launch was…
South Africa's Parcel Shipping Platform, TUNL, Raises $1 Million in Pre-Seed Funding
December 16, 2023
TUNL has secured $1 million in pre-seed funding from Founders Factory Africa, Digital Africa Ventures, E4E Africa, and Jozi Angels. The funding will be used to accelerate the company’s growth in its beachhead market of…
Techstars Announces 12 new investments through ARM Labs
December 15, 2023
Techstars has announced its second cohort of 12 companies to participate in its pan-African accelerator program in partnership with Lagos-based innovation program, ARM Labs. Following a successful inaugural program, the ARM Labs Lagos Techstars Accelerator will build…