Kenyan HR Tech startup - Workpay - secures $5m investment
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Workpay, a Kenyan cloud-based HR and payroll platform, has raised $5 million in its Series A funding round. The round was led…
Reliant AI Secures $11.3M In Seed Funding to Advance Gen AI-Powered Data Analytics
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Reliant AI, a data analytics software provider based in Montreal, Canada, and Berlin Germany was Founded by Karl Moritz Hermann, Marc Bellemare,…
Quizac shuts down operations after rejecting $250,000 investment
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Educational technology startup Quizac has announced its closure, just months after turning down a $250,000 investment offer. The company, founded in 2021,…
Google selects 10 African startups for its Accelerator program, spotlighting AI innovation
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Google has unveiled the 8th cohort of its prestigious Google for Startups Accelerator Africa program, selecting 10 innovative startups from across the…
Nigerian AI startup - Intron Health - secures $1.6m to revolutionize healthcare services
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Intron Health, a Nigerian healthtech startup, has raised $1.6 million in pre-seed funding to advance its innovative speech recognition technology tailored for…
D.light secures $176m to boost solar energy access in East Africa
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d.light, a global provider of affordable solar solutions, has announced a new $176 million securitization facility. This funding, backed by social impact-focused…
Tanzania's NALA secures $40m to revolutionize African fintech landscape
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NALA, the Tanzania-born remittance startup, has successfully closed a $40 million Series A funding round. Led by Acrew Capital, with participation from…
South African fraud prevention startup - Orca - raises $550K to tackle cybercrime surge
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As cyber threats escalate across the African continent, a Cape Town-based startup has raised fresh funding to equip financial institutions with advanced…
Paystack leads acquisition of struggling fintech startup, Brass
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Nigeria’s fintech company and payment giant, Paystack, has led an investment consortium to acquire the struggling startup, Brass, for an undisclosed sum….