Norrsken22 closes $205M fund for African startups as growth-stage investments surge
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Norrsken22, an Africa-focused Venture Capital firm, has successfully closed its funding round at $205 million, surpassing its initial target by $5 million….
Kenyan Startup -Sukhiba Connect - Raises $1.5 Million for WhatsApp-based E-commerce Expansion in Africa
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Sukhiba Connect, a Kenyan social commerce startup, has secured $1.5 million in a funding round to drive its expansion beyond Kenya’s borders….
Switzerland-Based Copresence Secures Over $6M In Seed Funding
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Zurich, Switzerland-based company Copresence has successfully secured over $6 million in Seed funding to further advance its efforts in the realm of…
Luzia, an AI-assistant company, raises $10m in Series A funding round
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In a move that’s poised to reshape how we interact with AI technology, Luzia, an AI assistant hailing from Madrid, Spain, recently…
Fintech firm - Kippa - to discontinue KippaPay in profitability shift
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Kippa, a Nigerian fintech startup, has announced that it is discontinuing its offline payment product, KippaPay. The company is also laying off…
Nigerian Logistics Startup - TruQ - Wins TC Startup Battlefield Competition
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TruQ, a Nigerian logistics startup, has won the TC Startup Battlefield competition. The startup, which operates by streamlining mid-mile logistics in Africa,…
Kenyan logistics startup - Sendy - faces administration amidst economic challenges
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Sendy, a prominent Kenyan logistics startup founded in 2014, has taken the path of administration to mitigate financial distress and devise a…
Nigerian-led Fintech Startup, Mainstack, Emerges Top 20 at TechCrunch Startup Battlefield
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In a remarkable achievement, US-based fintech startup Mainstack, which was co-founded by Ayobami Oyaleke, has secured a position in the top 20…
Moniepoint reports massive growth; hits $12 billion monthly transaction
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Nigerian fintech company, Moniepoint, has revealed that its monthly transactions now amount to an impressive $12 billion. This significant milestone comes as…