Bem Sonnen

Nigerian Agritech startup, Winich Farms secures $3 million in pre-series A funding

Since the company’s launch in 2020, Winich Farms has built an ecosystem of more than 150,000 users including farmers.

Userguest, Morroco’s hospitality-focused startup secures $2.4 million to fuel expansion

Userguest has recently secured $2.4 million in funding to drive its expansion and fuel its product innovation across Africa

Ghanaian clean-tech startup, Kofa raises $5 million funding via SPV

Kofa Technologies has recently announced a $5 million fund raise via SPV to expand its battery swapping network with more stations in Ghana

August marks lowest funding month of 2024, African startups report

In contrast to July's unsurpassed funding reports, August showed disappointment, as startup funding in the African sector hit an all-time low.

NITDA’s NCLAIR launch ₦100 million initiative backed by Google to support local AI startups in Nigeria

The National Centre for Artificial Intelligence and Robotics (NCAIR) has announced the launch of an AI fund initiative to support startups with resources to scale AI-driven solutions within Nigeria.

Nigeria’s Risevest acquires Kenyan counterpart, Hisa

Nigerian fintech Risevest has recently aquired Hisa, a kenyan investment startup enabling them to tap into Kenyas digital investment Market

Prembly Co-founder, Niyi Adegboye, on issues on digital security and KYC compliance within Africa’s private sector

In an interview with Niyi Adegboye, Prembly's co-founder and COO, he gave insights on how KYC verification policies affect businesses within the African private sector and how businesses can position themselves to solve some of these issues.

7 AI Research Assistants you can use in 2024

AI simplifies research and data gathering. Below are 7 top AI tools that can make your research tasks easier.

Bolt halts inter-country requests between Nigeria and South Africa due to ride-hailing war

Bolt has restricted the inter-country request feature for its customers in Nigeria and South Africa due to the recent ride-hailing battle between both countries

Ride-hailing war escalates as South African and Nigerian ride-hailing drivers receive prank orders

Nigeria and South African riders on platforms like Uber and Bolt are intentionally cancelling rides after drivers have arrived at pickup locations leading to a waste of resources.

Kenya drivers battle ride-hailing apps over fare rates

Kenyan drivers have begun to hike their fares and will continue to charge such rates if their fare prices are not reviewed and increased by ride-hailing platforms.

Uganda UTel secures $225 million investmet from Dubai-based investor RCC

UTel is set to receive a $225 million investment fund from Rowad Capital Commercial LLC.