Global Beehive
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Ugandan fintech startup ChapChap secured funding from Nordic Impact Funds
ChapChap, a Ugandan fintech firm that generates trustworthy financial profiles for MSMEs, has received money from Nordic Impact Funds to…
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To support African startups, Cloud computing firm Oracle launched programme
Oracle, a cloud computing company, has announced a ZAR15 million (US $982,000) initiative targeted at assisting African businesses across a…
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CcHub’s Seedr programme selected 3 Namibian startups
CcHub, a Lagos-based hub, accelerator, and investor that has recently expanded throughout Africa, has chosen three Namibian businesses to participate…
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$40 M Series B funding secured by Nigeria’s Reliance Health
Reliance Health, a Nigerian e-health business, has closed a $40 million Series B fundraising round to help it grow into…
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$2 M seed funding secured by Kenyan e-health startup Afya Rekod
Afya Rekod, a Kenyan e-health business, has raised $2 million in a seed round to help it expand throughout Africa.…
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Carscan, a South African auto-tech company received $1.3 M follow-on funding
Carscan, a prominent AI and AR app engaged in the auto-insurance industry, has secured a ZAR20 million (US $1.3 million)…
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To expand to new African markets Bluewave acquired by Kenyan insurtech startup Lami
Lami, a Nairobi-based insurtech business, has acquired Bluewave, a fellow Nairobi-based insurtech startup, in order to accelerate growth and expand…
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To establish an alternative school for Africans, $1 M raised by Nigerian ed-tech startup AltSchool Africa
With its flexible educational curriculum, Nigerian ed-tech company AltSchool Africa has received a US $1 million pre-seed fundraising round to…
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$10 M debt funding facility secured by Nigerian mobility fintech startup Moove
Uber’s only car finance and vehicle supply partner in Sub-Saharan Africa, Nigerian mobility fintech startup Moove, has obtained US $10…
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Future Africa made 43 investments in 2021 to bring its AUM to $30 M
In 2021, Andela and Flutterwave co-founder Iyinoluwa Aboyeji founded the Future Africa fund, which invested $4.3 million in 43 startups,…
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