Breaking News
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Magma raised $5 M Series A funding from Capria Ventures
Capria Ventures is leading a $5 million Series-A funding round for B2B industrial solutions provider Magma. Avinya Ventures, Sanjiv Rangrass,…
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EV charging startup IPEC raised $3 M from Gruhas
Nikhil Kamath and Abhijeet Pai’s Gruhas have invested $3 million in IPEC, an EV charging startup. According to a press…
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Nineth Africa Tech Summit London to be held in June
On June 6, the London Stock Exchange will host the ninth edition of Africa Tech Summit London, which will bring…
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To strengthen its enterprise payments infrastructure offering, Stitch raised $55 M Series B funding
In order to strengthen its online payments suite, enter the acquisition market, and deepen and expand its in-person payments offering,…
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Applications now accepted to pitch at EU’s BlueInvest Africa event
Applications are now being accepted from startups who would like to pitch at the European Union’s BlueInvest Africa event in…
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Kenyan venture firm Purple Elephant Ventures raised its Seed round to $5 M
Purple Elephant Ventures (PEV), a tourism-focused venture studio based in Nairobi, has added US $500,000 to its seed round, bringing…
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Seventh annual $160K GoGettaz Agripreneur Prize Competition invites applications
Applications are being accepted for the seventh annual US $160,000 GoGettaz Agripreneur Prize Competition, which is open to youth-led African…
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EUDR Compliance Delayed—Turning Challenges into Opportunities Through Supply Chain Transparency
Over the past 30 years, agriculture has driven 10% loss of global forest cover (European Commission, 2023), prompting regulatory measures…
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Kenya’s Umba raised $5 M debt funding to expand digital banking operations
A US $5 million debt facility has been obtained by Kenya’s Umba, a prominent pan-African digital bank, from Star Strong…
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West African payments gateway PayDunya acquired by SA’s Peach Payments
After expanding into Eswatini, Mauritius, and Kenya, digital payments gateway Peach Payments has agreed to buy Senegalese payment platform PayDunya,…
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