OkHi secures $1.5 million seed extension to address Africa’s smart address verification issues

OkHi has raised $1.5 million seed extension to address smart address verification issues in Africa.

VALR secures a $50 million Series B fund to expand across Africa

South African crypto exchange VALR has raised a $50 million Series B fund in an equity funding round by Pantera Capital.

Voyance gets $500,000 pre-seed, launches two flagship products Manhattan DB and Sigma

The $500,000 pre-seed round was led by Beta.Ventures, an early-stage investment firm supporting leading tech entrepreneurs and tech-enabled startups in Nigeria.

Earnipay raises $4 million seed funding to provide on-demand salary to employees in Africa

Earnipay uses its technology to offer employees the opportunity to access their earned salaries into their accounts flexibly, in real-time and interest-free.

YC-backed CrowdForce secures $3.6 million to strengthen agency banking in Nigeria

CrowdForce has raised $3.6m pre-series-A to increase access to cash for rural communities in Nigeria.

Orda secures $1.1 million pre-seed to power digital operations at African restaurants

Orda, a Lagos-based startup has raised a $1.1 million pre-seed fund to build an all-in-one cloud-based software for Africa's food business owners.

Chekkit closes $500k pre-seed funding round to accelerate clampdown on counterfeit products

Nigerian anti-counterfeit startup, Chekkit closes $500,000 pre-seed round with participation from local and foreign investors.

Esusu rent closes $10 million Series A with investment from Serena Williams

Esusu, which was co-founded by Nigerian, Abbey Wemimo, has now raised over $14 million in venture funding since its launch.

Thrive Agric pauses crowdfunding, doubles down on building tech to support agriculture.

Thrive Agric completed its repayment to retail investors (crowdfunders) in April 2021, after COVID-19 induced delays. Now, they will double down on technology to build the largest network of farmers across Africa.

Spotify’s expansion and the short history of music distribution in Nigeria

Spotify is expanding to Nigeria. This piece shines a light on the history of music distribution and the advent of streaming platforms in Nigeria.

Vantage Capital invests $28.0 million in Cliniques Internationales du Maroc Group (CIM) Holding

Vantage’s funding will enable the founding family to part-finance the extension of the existing clinic in Marrakech and the opening of new clinics in Tangier and Casablanca

Anzisha Prize announces 20 finalists for Very Young African Entrepreneurs 2020

Anzisha Prize announced the finalists of its Very Young African Entrepreneurs annual competition on Thursday, September 17, 2020.