Kenyan aquaculture startup - Victory Farms - raises $5 million to push its expansion across East African
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Victory Farms, an aquaculture startup based in Kenya, has completed its fundraising round, closing the round with $5 million. The startup, which…
Kenyan-based Bamba raises $3.2 million to further develop its infrastructure
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Kenyan-based mobile-first enterprise software startup, Bamba, has raised $3.2 million in its seed funding round. The company, which is currently in stealth…
Interswitch raises $110 million to expand its digital payment services
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Interswitch, an African fintech company has raised $110 million joint investment to push its digital payment services across Africa. The company said…
Former employee sues Meta in Kenya over exploitation and poor working conditions
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Facebook’s parents company, Meta, has been sued in Kenya. The lawsuit was filed by a former Facebook moderator, who alleged that the…
Fintech-focused VC firm - Rali_Cap launches $30 million fund
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Early stage venture capital firm that focuses on B2B, and fintech startup, Rali_Cap, has announced its $30 million fund. The VC firm,…
Shopify acquires Deliverr for $2.1 billion
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Shopify has announced its acquisition of San Francisco based e-commerce company, Deliverr. The acquisition, which costs $2.1 billion in both cash and…
Trade technology startup - Norebase - raises $1 million to upscale its services
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Nigerian-based trade technologies startup, Norebase, has announced the completion of its pre-seed funding round. The startup which is building a single platform…
Amazon is accepting applications for its AWS Impact Accelerator Program for minority founders
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Amazon Web Services (AWS) has announced the launch of its AWS Impact Accelerator Program. The program is designed to give up to…
Chinese company gets approval to run Robotaxi without a human behind the wheel
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China has been a major testing ground for autonomous vehicles. The country has had several startups push boundaries and break records with autonomous vehicles and Artificial Intelligence (AI) technology.