Global Beehive
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$520k Pre-seed funding raised by Nigerian fintech startup Trade Lenda
Trade Lenda, a Nigerian FinTech firm that provides access to finance for micro, small, and informal merchants’ business requirements, has…
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$100k investment pool available for female entrepreneurs in Africa’s energy sector
The OPEN fund will consider applications from female founders in the African energy industry for investment of up to $100,000.…
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$4.5 M Pre-Series A funding raised by SA food e-commerce startup Yebo Fresh
Yebo Fresh, a South African e-commerce business that delivers fresh goods and meals to townships, has secured a ZAR78 million…
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To recognize new pan-African strategy, Cape Innovation and Technology Initiative renamed itself to UVU Africa
The Cape Innovation and Technology (CiTi), which ranks alongside its Bandwidth Barn as Africa’s oldest technology incubator, has changed its…
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Sixth edition of AFD Digital Challenge opens applications
The sixth AFD Digital Challenge, which is focused on the cultural and creative industries, is now accepting applications. The Agence…
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$27 M secured by SA gaming startup Carry1st for product expansion
Carry1st, a South African mobile gaming business, has secured US $27 million in investment to further grow Pay1st, its monetisation-as-a-service…
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Third ASIP Accelerator powered by Startupbootcamp AfriTech selected 11 startups
In the third iteration of the Africa Startup Initiative Program (ASIP) accelerator, 11 businesses have been chosen by Startupbootcamp AfriTech…
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OpenAI to see $10 B investment from Microsoft
Over the coming few years, Microsoft intends to invest “billions” in OpenAI, the company that created ChatGPT. Bloomberg reported that…
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Music streaming platform Spotify to cut jobs this week: Reports
According to those familiar with the situation, the world’s largest music streaming service Spotify may begin laying off employees this…
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O-Farms programme selected ten Kenyan agri-circularity startups
For the second iteration of the O-Farms accelerator programme, ten agri-circularity entrepreneurs from Kenya have been chosen. Two peer-selected businesses…
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