News Dojah joins Y Combinator W22 cohort, embarks on pan-African expansion Dojah, a unified KYC and digital onboarding solution company will participate in the Y Combinator Winter 2022 (YC W22) cohort.
Spotlight How API fintech companies are powering Africa's consumer ecosystem An API is a set of functions that allows applications to access data and interact with external software components, operating systems, or microservices.
News Orda secures $1.1 million pre-seed to power digital operations at African restaurants Orda, a Lagos-based startup has raised a $1.1 million pre-seed fund to build an all-in-one cloud-based software for Africa's food business owners.
Spotlight 12 African early-stage startups to watch out for in 2022 Based on their stories, funding and user base, we curated a list of some of the most promising early-stage startups in Africa you should watch out for.
News Float secures $17 million to bolster digital lending in Africa Float, a Ghana-based fintech startup has raised $17 million to boost its cash management and digital lending platform for African small- and medium-sized businesses.
Newsletter BD Insider, Letter 96: Meet Africa's tech-stars In this letter, we covered African tech startups that pitched at Techstars Toronto's demo day, the new YC standard deal and digital banking.
News Twitter users in Nigeria will no longer need a VPN The Nigerian government has lifted the suspension of Twitter's operations in Nigeria after approval by President Muhammadu Buhari.
News SeamlessHR secures $10 million in Series A funding round SeamlessHR has raised $10 million in a Series A round led by TLcom Capital. It will use the funding to launch a new embedded finance product and add other product functionalities.
News What the new Y Combinator's $500,000 standard deal means Y Combinator has announced that in addition to the existing $125,000 investment which all accepted startups get, Y Combinator will invest an additional $375,000.
News Afrikea rebrands to ANKA, raises $6.2 million in pre-Series A round Afrikea has raised $6.2 million in a pre-Series A round. It's also rebranding to ANKA.
Newsletter BD Insider, Letter 95: Of taxes and regulations in Africa's tech ecosystem This letter covered Nigeria's plan to tax non-resident digital firms, Cameroon's 0.2% tax on mobile money transactions and Twitter's ban in Nigeria
News Bfree embarks on global expansion following $1.7 million in a pre-Series A round raise Bfree, a Lagos-based credit management fintech has raised $1.7 million in a pre-Series A round.
Spotlight These wealth management apps can save your finances in 2022 With these wealth management apps, you can take control of your spending habits by investing and saving your money to grow your network.
News mPharma to launch e-commerce platform for pharmaceuticals with $35 million funding Ghanaian health startup, mPharma has raised $35 million in a Series D round to embark on pan-African expansion and launch an e-commerce platform.
Newsletter BD Insider, Letter 94: What should happen in Africa's tech ecosystem in 2022 In the BD Insider, Letter 94, we shared some things we'd like to see happen in Africa's tech ecosystem in 2022
Spotlight How these six African founders scaled their startups In the Zero to Scale series this year, six founders shared how they were able to build and scale their startups; we compiled six lessons out of their experiences.
Newsletter BD Insider, Letter 93: A review of happenings in Africa's tech ecosystem 2021 is Africa's tech ecosystem's most exciting year yet, over $4.27 billion was jointly raised by startups. We look at the ups and downs of the year.
News Nigerian edtech, Teesas to improve its offering with its $1.6 million pre-seed funding round Nigerian-focused edtech startup, Teesas has raised $1.6 million in a pre-seed round, to provide e-learning materials in indigenous languages for young Nigerians.
News MTN's Ayoba has attained 10 million active users MTN-backed Africa’s Super App, Ayoba has attained over 10 million monthly active users.
Spotlight African tech startups jointly raised over $4.27 billion in 800+ deals in 2021 In 2021, tech startups operating across Africa have jointly raised over $4.27 billion in 800+ deals, this record quadruped the $1.1 billion that was pumped into the continent amidst the pandemic last year.
News Planet42 secures $30 million, to expand car inventory in South Africa and Mexico Planet42, a South Africa-based car subscription company has raised a $30 million equity round, to expand its car inventory in South Africa and Mexico.
News AdvoKC launches digital platform for Nigerians to track campaign promises AdvoKC, a youth-led civic-tech organization has launched a digital platform that allows citizens to hold its elected public officials in Nigeria accountable.
Newsletter BD Insider, Letter 92: Bitcoin Trust Fund, Alternatives to Bolt and Uber BD Inisder, Letter 92 covered Bitcoin Trust Fund, alternatives to Bolt and Uber in Nigeria, social media censorship in Africa
Opinion This report shows that African countries are the least tolerant of social media Africa has become the most censorship intensive region globally, responsible for nearly 53% of all cases in 2021.
News Ventures Platform to invest in early-stage startups with $40 million Pan-African Fund Ventures Platform, a pan-African VC firm has announced the first close of its new $40 million Pan-African, early-stage fund to invest in market-creating innovations.
