Nigerian fintech - Risevest - expands into Kenya with Hisa acquisition
1 Mins read
Nigerian investment platform, Risevest, has acquired Kenyan startup, Hisa. The deal, which was approved by Kenya’s Capital Markets Authority, makes it Risevest’s…
African tech giants - Wasoko and MaxAB - complete landmark merger
1 Mins read
Wasoko, a Kenyan-based e-commerce company, and Egypt’s MaxAB have finally sealed their much-anticipated merger. This merger, which was first announced in December…
Struggling Quizac gets a second chance with Tekedia acquisition
1 Mins read
In a surprising turn of events, Quizac, the edtech startup which we recently reported to be shutting down, has been given a…
Kenyan HR Tech startup - Workpay - secures $5m investment
1 Mins read
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
1 Mins read
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
1 Mins read
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
2 Mins read
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
1 Mins read
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
1 Mins read
d.light, a global provider of affordable solar solutions, has announced a new $176 million securitization facility. This funding, backed by social impact-focused…