Total 8 Posts

FinTech growth in Africa

An underdeveloped financial system has created a vacuum, necessitating alternative methods to access essential financial instruments like payment services, money transfers, credit, loans, etc.

NopeaRide is Making Clean Mobility a Reality in Kenya

NopeaRide is a ride-hailing company that is unique and a first-mover because it runs 100% electric cars in Nairobi. That in itself is something good, but there is more to it.

Nigerian startup Moove Raises $23m in Series A Funding

Founded by British-born Nigerians Jide Odunsi and Ladi Delano, Moove announced that it raised $23 million in a Series A funding round. This brings the startup’s total funding raised to $68.2 million, including $28.2m in equity and $40.0m in debt.

Omnibiz, Nigerian B2B eCommerce platform raises $3m in seed funding

Omnibiz has raised a US$3 million seed funding round led by V&R Africa, Timon Capital, and Tangerine Insurance to fuel its growth and expand across Africa.

Insurtech startup Naked raises R160 million in Series A Funding

It's the largest investment yet made by Naspers, which is one of the largest technology investment companies in the world. With R1.4 billion ($96 million) in financial muscle.

Africa's first-ever online truck loans marketplace launched

Autochek has announced the launch of its online truck loans marketplace in Nigeria and Ghana. The startup says the newly announced truck loans online marketplace is the first-of-its-kind in Africa

Tidjane Dème and Cyril Collon on Partech Africa's investment ethos and what type of startups they will be investing in

On 18 January 2018, a new venture capital fund, Partech Africa, was launched to invest in early-stage Afrikan startups. Created by global VC firm, Partech Ventures, the Partech Africa fund will be looking to invest a minimum of approximately $600,000 and up to about $6 million per initial ticket.