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Funding Tracker

VC funding in Nigeria plunges 92.1% in Q1 2023

Venture capital (VC) funding in the Nigerian tech startup ecosystem declined by 92.1% in Q1 2023 compared to the same period in 2022.

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Maureen Okojie, co-founder at SEND on tackling Africa’s logistics problems and life as a female founder

Meet Maureen Okojie, the co-founder of SEND, a digital freight forwarder and customs broker for Africa. She talks about tackling the continent's logistics challenges and embracing equity in the industry.

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Inside Flowmono’s effort to accelerate Africa’s remote work model

Flowmono is helping freelancers, small businesses and major corporations transition to remote work by creating e-signing and business process management tools.

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How Naspers deployed half of its $77M South Africa-focused fund in 5 years

In June 2019, Naspers Foundry, a ~$77 million South Africa-focused fund made its first investment into SweepSouth; it was a $2.1 million seed round.

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SafiriSalama.com is helping Kenyans to digitally plan and manage funerals

Kenyan funeraltech startup, SafiriSalama.com is pioneering the digitisation of the country's end-of-life industry which is estimated to be worth $450 million (KShs 56 billion) annually.

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Kobo360 joins Flutterwave, Wave in the list of top YC-backed startups in Africa

You can monetize your TikTok account through brand partnerships, live-streaming, creator fund, selling merchandise and affiliate marketing

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How to monitor the 2023 Nigeria election’s results online

Aside from INEC Election Viewing Portal, you can monitor Nigeria's 2023 elections online via Stears Elections, Civic Hive Election Results Portal, Dataphyte Elections Portal and UZABE by Connected Development.

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National IDs are important for KYC, but frequent downtimes hinder their reliability, reports Smile Identity

Smile Identity, a leading digital KYC provider in Africa, was founded in 2017 by Mark Straub (CEO) and William Bares. Leveraging anonymised data from nearly 50 million KYC checks, the company has put together its second report on the state of KYC in Africa.

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Inside VENCO’s efforts to enhance living experiences in African communities

Launched in 2022, VENCO is a Nigerian prop-tech that is enhancing the living experiences of communities in Africa through an all-in-one technology platform.

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Lessons from Aisha Owolabi on content marketing and getting the UK Global Talent Visa

How Aisha Owolabi, a Content Marketer, moved from Lagos to Mexico and got to the UK with the Global Talent Visa.

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TeamApt’s evolution from a tech provider to a startup doing over $14 billion TPV in a month

In this article, I examine TeamApt's evolution and draw parallels for how tech companies and startups typically operate.

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Backed by YC, Shekel Mobility is building a neobank and trading platform for car dealers in Africa

In Africa, small and medium-scale car dealers make up almost 82% of the car dealership market, and most of these dealers sell used cars at high prices due to inadequate financing.

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