Twiga Kicks Off Asset-Light Pivot with Strategic Acquisition of Kenyan Distributors
After years of building a vertically integrated supply chain from farms to delivery trucks. Kenyan…
Nigerian Startup Allawee Aims to Rekindle Fintechs’ Trust in Card-Based Payments
For years, Nigerian fintechs have had a complicated relationship with cards. Early on, many leaned…
CWG Targets East Africa and Middle East Expansion Following Record 2024 Profits
Lagos-based tech giant CWG Plc is eyeing fresh frontiers in East Africa and the Middle…
Platos Health Secures $1.4 Million Pre-Seed Funding to Launch Preventive Health Device in Nigeria
Platos Health, a Lagos-based health-tech startup revolutionizing home-based preventive care, has secured $1.4 million in…
GetEquity has achieved profitability following a strategic pivot towards local debt investments
After pivoting to debt investments and making strategic layoffs, GetEquity, the Nigerian startup enabling retail…
BoxCommerce Expands to the UAE, Aiming to Power the E-Commerce Dreams of Local SMEs
BoxCommerce, a fast-growing e-commerce platform, has officially launched in the United Arab Emirates (UAE), eyeing…
South African Fintech Startup Stitch Raises $55 Million to Expand Payments Infrastructure Across Africa
Stitch, a South Africa-based payments infrastructure startup founded in 2021, has successfully raised $55 million…
South African Startup Zimi Raises $320,000 to Explore Using EVs as Mobile Power Stations
Zimi a South African electric vehicle (EV) charging startup has raised $320,000 (R6 million) in…
Equinix Commits $140 Million to Boost Internet Access in Southern Nigeria
Equinix, the global data center giant that acquired Nigeria’s MainOne, is investing $140 million over…
Umba, a digital bank focused on emerging markets, has raised $5 million in fresh funding to scale its operations in Kenya
Umba, a digital bank headquartered in Nairobi with operations in Kenya and Nigeria, has raised…
The leading African innovative tech and business news provider, empowering growth, inspiring innovation, and spotlighting opportunities across the continent.
