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…
Kenyan investment startup, Hisa, gets new CEO, following Eric Asuma's resignation
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One of the co-founders behind the investment startup – Hisa Inc. – Eric Asuma, has stepped down from his position as CEO….
Kenya's Workpay raises $2.7m to push expansion across Africa
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Workpay, a Kenyan HR payroll service provider, has raised $2.7 million in its Series A funding round. The YC-backed startup said it…
Edtech platform - Zeraki - raises $1.8m to push its expansion across East Africa
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Kenyan Edtech platform, Zeraki, has raised $1.8 million in its seed funding round. The startup, which promotes quality education in Africa by…
Mauritius-based Neo-bank - Finclusion Group - raises additional $2m to fully integrate business
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Finclusion Group, an African-focused credit-led neobank company, has raised an additional equity financing of $2 million. The company, which provide financial services…
Kenyan social commerce startup - Kapu - raises $8m in seed funding
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Kapu, a Kenyan social commerce startup, has raised $8 million in its seed funding round. The startup, which has been in stealth…
Nigerian foodtech startup - Orda - raises $3.4m to expand across Africa
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Orda, a foodtech startup based in Nigeria, has completed its seed funding round. The startup, which provides digital operating systems for restaurants,…
Kenyan logistics platform, Leta, raises $3m pre-seed funds
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Kenyan B2B supply chain and logistics platform, Leta, has raised $3 million in its pre-seed funding round. The startup announced that the…
Purple Elephant Ventures (PEV) raises $1 million; plans to build next-generation startups
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Purple Elephant Ventures, a Kenya-based startup that is focused on the travels and tourism industry, has raised $1 million in its pre-seed…