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…
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…
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…
Lipa Later goes into administration.
Lipa Later, a leading Kenyan buy-now-pay-later (BNPL) fintech company, has been placed under administration as…
Mysten Labs Co-Founder Unveils $1.3M Fund to Empower Africa’s Next Generation of Software Engineers
Adeniyi Abiodun, co-founder of blockchain infrastructure firm Mysten Labs, and his wife, Gloria Abiodun, have…
Leta secures $5M seed funding to enhance AI-driven logistics.
Kenyan logistics startup Leta has raised $5 million in seed funding to make goods transportation…
Vendease transitions to a performance-driven compensation model
Nigerian food procurement startup Vendease is transitioning to a performance-based compensation model following the layoff…
Madica is expanding its reach into North Africa by investing $800,000 in four startups.
Madica, an early-stage investment firm focused on Africa, has injected $800,000 into four startups, reinforcing…
Ghana’s Affinity Africa Secures $8M to Fuel Expansion
Ghanaian digital bank Affinity Africa has secured $8 million in funding to scale its operations,…