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...

DIGITAL COMMERCE SAAS STARTUP, TAPPI, SECURES $1.5 MILLION IN PRE-SEED FUNDING ROUND

tappi, an end-to-end digital commerce SaaS solution tailored for small and medium-sized businesses (SMEs), has successfully raised $1.5 million. The funding was led by...

NIGERIAN SME LENDER LIDYA STOPS EUROPEAN OPERATIONS

To concentrate on expanding its new credit assessment and loan recovery solution for the Nigerian market, Lidya, the SME lending company started by one...

KENYAN FINTECH STARTUP, LIPA LATER, INJECTS $1.6 MILLION TO REVIVE SKY.GARDEN E-COMMERCE PLATFORM

Lipa Later, a prominent Kenyan fintech startup, has successfully relaunched Sky.Garden, following its acquisition a year ago. With a reported investment of $1.6 million,...

KENYA SET TO ENACT STARTUP LAW BY APRIL 2024

After a meticulous two-year formulation process, Kenya is on the verge of finalizing groundbreaking pro-startup legislation. During the Kenya Innovation Week, President Williams Ruto...

ECHOVC LAUNCHES $2.5 MILLION CLEANTECH FUND IN PARTNERSHIP WITH SHELL FOUNDATION AND UK AID

EchoVC, a leading Pan-African early-stage venture capital firm, has unveiled a $2.5 million fund to invest in cleantech startups across Africa. The newly introduced...

TWIGA FOODS SECURES ADDITIONAL FUNDING AMIDST BUSINESS REFINANCING

Twiga Foods, a platform facilitating connections between Kenyan farmers and food vendors, has successfully obtained undisclosed funding as part of a strategic business refinancing...

FEZ DELIVERY LAUNCHES UK-NIGERIA SHIPPING SERVICE TO BOOST CROSS-BORDER DELIVERY

Fez Delivery, a Nigerian last-mile delivery startup, has announced the launch of its UK-Nigeria shipping service, a major step in the company’s growth. The...

CHIMONEY EXPANDS FINTECH REACH WITH ACQUISITION OF SCRIM APP

Nigerian fintech startup, Chimoney, has successfully acquired Scrim App, a cutting-edge social payment platform catering to Gen Z, allowing users to effortlessly send payments...

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