Kenyan fintech, Zanifu receives $1m, targets Ghana, Uganda expansion
The investment will enable Zanifu to upgrade its platform and extend its stock-financing to reach more micro, small and medium enterprises (MSMEs)
Tech | Business | Economy
Tech | Business | Economy
StartUPs
Frain Technologies raises $473K in pre-seed funding to build Webhooks Infrastructure
The round will enable Frain Technologies to take its flagship product, Convoy, to maturity both locally and globally
Kenya’s Poa Internet secures $28,000,000 to boost internet connectivity across Africa
Now with a total funding amount of $36,000,000, Poa Internet plans to deepen its reach across Kenya and then expand into other countries in Africa
Talent sourcing company, Analog, expands focus to develop own products
Analog supports Series B and C companies through talent sourcing needed for aggressive scaling and efficient product development
Finclusion Group closes $20,000,000 in debt and equity pre-Series A financing
Finclusion seeks to strengthen its financial inclusion drive within market segments that have traditionally been underserved across the African continent, with a current focus on southern and eastern Africa
Nigerian shipping startup, Topship, accepted to Ycombinator 2022 batch
Topship, a Nigerian shipping company, officially announced today that it has been accepted to YCombinator‘s Winter 2022 Batch. The company
Orda raises $1.1m pre-seed to build software for African chefs, caterers and restaurants
Following 18 months of building and iterating, Orda has announced the completion of its $1.1 million pre-seed raise. The round
Nestlé, Nomanini, Standard Bank partner to solve stock needs of Africa’s underbanked informal retail traders
The partnership brings about a digital finance solution that enables retailers to sufficiently stock up their shops
Ghana’s Float raises $17,000,000 seed to accelerate credit offerings for SMEs
Float plans to expand into Kenya and South Africa, improve its cash management platform and launch new credit products tailored to specific business verticals and industries
Top 10 AgriTech Startups to Watch in 2022
Agritech startups working to ensure access to capital, maintenance and all needed to ensure agricultural processes thrive include, but not limited to, Releaf, Farmcrowdy, Vendease, Zowasel, Voriancorelli, Skudu, Khula, Agrocenta, Apollo Agriculture and Complete Farmer
Canadian fintech, Periculum, officially launches in Nigeria
… Periculum set to build credit assessment infrastructure for Africa; appoints Damilola Aluede as MD
Visa launches affordable point of scale solution for SMEs
Visa Acceptance Cloud enables any POS or connected device to seamlessly accept payments and incorporate a range of added services, including buy-now-pay-later, fraud management, rapid seller onboarding, and advanced data analytics
Kenya’s Lipa Later expands into new markets with $12,000,000 pre-Series A round
The startup’s expansion into new markets includes countries such as Tanzania, Ghana and Nigeria, as well as strengthening its presence in existing markets including Kenya, Uganda and Rwanda
Twentyten Daily celebrates first anniversary as innovative data journalism platform
TwentyTen Daily is celebrating its first anniversary, a milestone marked by many exciting moments with its own fair share of