Startup

Egyptian seasoned tech entrepreneur Ahmed Sabbah is the founder of mobility platform Swvl Holdings Corp., which recently made history by becoming the first company from Africa to list on Nasdaq through a special purpose acquisition company (SPAC). However, Sabbah’s foray into entrepreneurship didn’t begin there; it began with the opening…

Jihan Abass, a 27-year-old Kenyan entrepreneur, is upending the insurance industry in East Africa with her insurtech platform, Lami Technologies.   Abass is an entrepreneur with a background in finance who has an MBA from the University of Oxford and a degree in finance from the CASS Business School in London. …

Britam Holdings has partnered with mTek, a Kenyan insurance technology company based in Nairobi and owned by businesswoman Bente Krogmann, to provide mobile-enabled business protection against fire and theft to small businesses in Kenya. The collaboration between mTek and Britam Holdings, a renowned insurance firm run by wealthy businessmen Peter…

With a population of 211.4 million people and ailing road networks, the motorcycle-hailing business in Nigeria seemed to have a lot of potential. However, the trend of shutdowns of motorcycle-hailing businesses in the country suggests otherwise.  In 2020, there was a rise in the number of motorcycle-hailing businesses in Nigeria,…

The Nigerian digitized restaurant platform, Orda, has secured $3.4 million in a seed round co-led by Quona Capital and FinTech Collective, a New York-based fintech company. With the $1.1 million in pre-seed funding the company received in early 2022, it has received a total of $4.5 million. The company, launched…

Tanzania. Ramani, the African software company building a cloud network of micro-distribution centres for Africa’s $1 Trillion consumer-packaged goods supply chain, has today announced the close of its $32million series A round of equity & debt. The round was led by renowned global technology investors Flexcap Ventures and revered founder/CEO…

Four Nigerian innovators have made the shortlist for the Africa Prize for their technical solutions to the problems facing the continent. The Royal Academy of Engineering revealed this information in a statement. The four Nigerian innovators plus 12 others from 10 different African nations will vie for the £25,000 Africa…

Kenyan B2B supply chain and logistics startup, Leta has recently been backed by $3 million pre-seed funding to help in their expansion process.  While expanding operations in its current five regions, the SaaS provider, which was founded last year to optimise fleet management, is searching for expansion prospects in West…

The Global System for Mobile Communications Association (GSMA) Innovation Fund has announced the eight African startups that would be the recipients of this year’s grant.  The plan is to foster Climate Resilience and Adaptation, which aims to speed up the testing, adoption, and scalability of digital innovations that enable the…

Kuda, a fintech startup operating in Nigeria but based in London, is set to expand to the U.K by providing a remittance product to Nigerians living abroad.  This is a  move that Kuda describe as a major global expansion drive as it stalls its previous plans to expand to Ghana…