WASOKO’S MERGER WITH MaxAB RESULTS IN JOB LOSSES AND LEGAL BATTLE

According to two former employees who spoke with TechCabal, Kenya-based e-commerce company Wasoko started a covert merger with Egypt's MaxAB, keeping their plans a...

NIGERIAN EDUTECH STARTUP, KLAS, GETS $1 MILLION FUND TO EXPAND INTO INDIA AND NORTH AMERICA

The Nigerian start-up, Klas, recently put together a whopping $1m pre-seeding funding, primarily headed by Increment Capital Inc., together with partners like Techstars and...

CALIFORNIA-BASED MINING STARTUP, KOBOLD, DISCOVERS COPPER IN ZAMBIA

With backing from IT titans Bill Gates and Jeff Bezos, the founder of Amazon, the California-based unicorn mining company, Kobold has claimed a significant...

AFRICA VISIONARY FUND AWARDS $225,000 TO HELPMUM, NIGERIAN HEALTH-TECH STARTUP

The Africa Visionary Fund has generously granted a $225,000 to HelpMum, a Nigerian health technology firm, significantly advancing its aim of using technology to...

UNDP LAUNCHES $1 BILLION INNOVATION FUND TO SUPPORT AFRICAN STARTUPS

The United Nations Development Programme (UNDP) introduces the timbuktoo Initiative, a $1 billion innovation fund dedicated to investing in African startups. This initiative stands...

STARTUP FUNDING: NIGERIA LOSES TOP SPOT TO KENYA

Nigeria lost the top position in terms of African startup funding to Kenya in 2023. Startups in the East African country attracted the largest...

NIGERIAN AI SPECIALIST LAUNCHES HEALTH-FOCUSED CHATBOT

Oludayo Ojerinde, a Nigerian artificial intelligence specialist, has launched a health-focused chatbot aimed at changing healthcare accessibility and solving healthcare issues in Nigeria. The...

TINGO’S CO-CEO STEPS DOWN AMIDST SEC FRAUD CHARGES

Odogwu 'Dozy' Mmobuosi, co-CEO of Tingo, an African-focused agritech startup listed on the US stock exchange, has temporarily stepped down following fraud charges filed...

KENYAN E-COMMERCE COMPANY, COPIA, SECURES $20 MILLION FUND, WELCOMES FORMER METASWITCH CEO TO ITS BOARD

Copia Global, an e-commerce and fintech platform in Kenya that serves middle and low-income consumers, has recently secured a substantial $20 million in a...

Latest articles