News Pula raises $6 million to scale agricultural insurance for farmers across Africa Pula, an African InsureTech service provider startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a $6 million Series A fundraise.
News Echelon Capital to invest $1 million in early-stage startups, calls for applications. Echelon Capital is looking to invest millions of dollars in African tech and non-tech startups, beginning with a $1 million rolling fund.
News Autochek expands into Ghana by opening Accra office Autochek, the Nigerian Automotive start-up aims to increase footprint in Ghana as it enhances the buying and selling experience across Africa
Spotlight Selar: From Tony Elumelu's TEF $10,000 grant to ₦100 million in revenue At the heart of it, Selar is an e-commerce store builder that allows creators to sell digital products and services like; e-books, music, courses, and training, etc., across borders.
News Taxmingo launches to make tax filing easy for small businesses Taxmingo hopes to leverage its cloud-based tax management solution to help SMEs meet tax obligations and allow the SME operators to focus their energies on growing their businesses.
Spotlight Exclusive: How WeMove grew 7x in the middle of the Covid-19 pandemic As 2019 drew to an end, the WeMove team sat for what would be a crucial meeting. Business had been unimpressive as the company had failed to meet its target.
News Sherpa launch $1M Basecamp Fund to support pre-seed African startups Aaron Fu, ex-iROKO CCO Nikhil Patel and ex-Uber launcher in Niger and Kenya Alastair Curtis have launched a $1 million Basecamp Fund to support pre-seed African startups.
News Apply for the AfCFTA Vision Challenge to receive funding from DFIs and banks African entrepreneurs can apply for the African Continental Free Trade Agreement (AfCFTA) Vision Challenge and stand a chance to receive investment from top development finance institutions (DFIs) and banks.
News Is SafeBoda exit from Kenya a telltale sign for bike-hailing startups in Africa? SafeBoda has paused operations in Nairobi, Kenya, effective from November 27, 2020. But is COVID-19 solely responsible for Safeboda pausing operations in Kenya as the company claims? What does SafeBoda's operational moratorium mean for bike-hailing startups in Africa?
News Foodlocker, Baby Grubz & Releaf receive $70,000 from AfDB's AgriPitch competition Foodlocker, Releaf, and Baby Grubz have emerged winners and runner-up, respectively, from the African Development Bank's (AfDB) AgriPitch competition, receiving a total of $70,000.
Opinion Seven early-stage startup investors in Nigeria you should know These individuals are on a mission to actively support the next generation of African innovators and every entrepreneur in Africa should know them.
Spotlight WiiCreate is shaping the onboarding culture for African startups WiiCreate has launched Merch Box, a branded merchandise solution that would help to improve the onboarding culture of African startups.
News Future Africa invests $1 million in 9 African startups Venture firm Future Africa has announced its investments in 9 startups in the 3rd quarter of 2020. The fund invested $1million across these startups.
News Grant Master wins the best pitch at the Global Investment Summit 2020 Nigerian startup, Grant Master, won the award for best pitch at the recently held Global Investment Summit (GIS) that concluded the GSE digital accelerator program.
News All you need to know about Paystack, the biggest Nigerian startup acquisition Here is all you need to know about Paystack, the biggest Nigerian startup acquisition and Stripe's biggest acquisition yet. The deal is reportedly worth over $200 million (₦76.6 billion).
News Fundall, a digital banking platform raises $150,000 in pre-seed funding Led by Black Knight Capital, a pre-seed stage investor, Fundall has raised $150,000 to deepen its footprints and challenge existing digital banks.
Spotlight Abeg App: putting the fun in functional Abeg.app is a fintech app made by young Nigerians that makes sending and receiving money fun.
News Vantage Capital invests $28.0 million in Cliniques Internationales du Maroc Group (CIM) Holding Vantage’s funding will enable the founding family to part-finance the extension of the existing clinic in Marrakech and the opening of new clinics in Tangier and Casablanca
African startup Startup Watch: Four Nigerian Startups to watch from Q3 2020 For Q3 2020, we are taking a look at four startups that are doing wonderfully well in their little corner of the country:
News Founder and CEO of 54gene selected as Endeavor entrepreneur Dr. Abasi Ene-Obong joins the leading global entrepreneur support organisation.
News Anzisha Prize announces 20 finalists for Very Young African Entrepreneurs 2020 Anzisha Prize announced the finalists of its Very Young African Entrepreneurs annual competition on Thursday, September 17, 2020. The annual competition is the brainchild of the African Leadership Academy and Mastercard Foundation. This
News Plentywaka Marks One Year Anniversary with over 190,000 journeys Plentywaka, the innovative tech-driven start-up revolutionizing transport in Nigeria, has marked its first year in operation with over 190,000+ completed trips by more than 40,000 riders. Since launching in September 2019,
News 80% of Nigerian startups have less than six months of cash left says Endeavor, Stears Endeavor, in collaboration with Stears Data, revealed this startling piece of information in a recently released whitepaper titled “Protecting Nigeria’s Entrepreneurial Future.”
FCMB ColdHubs emerges winner of the FCMB Agritech EPIC Pitch 2020 Nigerian Startup—ColdHubs—won the grand prize of N1 million ($2600) in the hotly contested FCMB Agritech EPIC Pitch.
FCMB FCMB decides finalist in 2020 Agritech EPIC pitch The month long competition finally comes to a close on the 28th of August, with six finalists vying for the top prize of ₦1 million.
