Browsing: #startup

Zimi a South African electric vehicle (EV) charging startup has raised $320,000 (R6 million) in grant funding from the Energy…

Umba, a digital bank headquartered in Nairobi with operations in Kenya and Nigeria, has raised a $5 million debt facility…

Lipa Later, a leading Kenyan buy-now-pay-later (BNPL) fintech company, has been placed under administration as of March 24, 2025, after…

Adeniyi Abiodun, co-founder of blockchain infrastructure firm Mysten Labs, and his wife, Gloria Abiodun, have unveiled a $1.3 million endowment…

Kenyan logistics startup Leta has raised $5 million in seed funding to make goods transportation across Africa faster and more…

Nigerian food procurement startup Vendease is transitioning to a performance-based compensation model following the layoff of 44% of its workforce—approximately…

Madica, an early-stage investment firm focused on Africa, has injected $800,000 into four startups, reinforcing its commitment to backing high-potential…

Ghanaian digital bank Affinity Africa has secured $8 million in funding to scale its operations, proving that Ghana is carving…

Caribbean Venture Capital Fund (CVCF), a newly established VC fund backed by the Development Bank of Jamaica, has received approval…

A blockchain infrastructure company in Israel called StarkWare, that is valued at $8 billion, has introduced a $4 million fund…