Global Beehive
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MFS Africa acquires Nigerian fintech startup Baxi
Baxi, one of Nigeria’s largest super-agent networks, has been bought by MFS Africa, a pan-African payments business, to facilitate the…
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$7.5 M Series A funding secured by Kenyan fintech Asante for pan-African expansion
Asante, a Kenyan fintech firm, has raised US $7.5 million in a Series A round to expand its credit offers…
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Latest Techstars Toronto accelerator selects 7 African startups
Seven African businesses have been chosen to participate in the newest Techstars Toronto accelerator, gaining access to mentoring, $120,000 in…
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$1.8 M raised by Nigerian e-commerce fulfilment startup Sendbox in seed funding round
Sendbox, a Nigerian e-commerce fulfilment firm, has secured US $1.8 million in initial investment to assist small-scale merchants to get…
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$1.4 M seed funding raised by Nigerian home concierge platform Eden Life
Eden Life, a Nigerian home services app for booking meals, laundry, and cleaning services, has secured a seed investment round…
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Applications for Beer Garage Africa Innovation Challenge opened by AB InBev
AB InBev, the world’s largest brewer, has teamed up with Hindsight Ventures to establish the Beer Garage Africa Innovation Challenge,…
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SA ed-tech startup d6 received undisclosed funding from local VCs
d6, a South African school administration and communication company, has secured an unknown amount of money from a consortium of…
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The French government committed an additional $150 M to African tech startups
As part of a revamped Digital Africa programme, French President Emmanuel Macron has pledged a fresh EUR 130 million (US…
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Tiger Global led $15 M raised by Nigerian fintech startup Mono in Series A funding round
Mono, a Nigerian fintech company that is creating an open banking infrastructure that allows digital businesses in Africa access to…
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Kenya-based Sendy invests in Kamtar to accelerate pan-African expansion plans
Sendy, a Kenyan logistics company, has finalised a strategic equity investment in Kamtar, an Ivory Coast-based competitor, to help the…
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