Egyptian Grocery Delivery Startup - GoodsMart - Completes US$3.6m Fundraise
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Cairo-based online grocery startup, GoodsMart has raised US$3.6 million in funding, led by Sawari Ventures. GoodsMart says the funds would be used…
Angel Investor, Olumide Soyombo, Unveils VC Firm with a Focus on Pre-seed and Seed Investment
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Angel investor and founder, Olumide Soyombo, has announced the launch of his Venture Capital (VC) firm – Voltron Capital. The Pan-African VC…
IFC Invests $25m To Help Strengthen the Broadband Structure In Africa
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IFC has announced that it is going to invest in a new fund by Convergence Partners in Africa which is focused on…
Saint-Gobain Partners AfricArena to Launch Innovation Challenge for Fintech Startups in Kenya, South Africa, and Egypt
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Saint-Gobain, in partnership with African tech ecosystem accelerator and deal-flow platform, AfricArena, has launched an Innovation Challenge. The challenge is targeted at…
Nigeria's Central Bank to Launch Digital Coin in October
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The Central Bank of Nigeria has announced, through the Director IT department, Rakiya Mohammed, that it will start the pilot phase of…
Kenyan Startup - Kibanda TopUp - Partners Carbon to Grant Restaurant Owners Access to Loan Facility
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Kenyan-based startup, Kibanda Topup, which aims to digitise the supply chain for micro, small and medium restaurants in Africa, has partnered African…
Nigerian Game Developer - Maliyo Games - Partners Google to Train Young Africans on Mobile Game Development
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Search engine giant, Google, is teaming up with Nigerian mobile game developer, Maliyo Games, to host #GameUp Bootcamp in Ghana, Kenya, and…
South Africa Insurtech Startup, Ctrl, Raises $2.3m Funding From Naspers
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Ctrl, a short term insurance startup, has raised $2.3m from Nasper Foundry. This new round of financing comes after South Africa-based short-term…