AFRICAN STARTUP, SEEKMAKE, TO EXPAND OPERATIONS GLOBALLY WITH $539k FUNDING

Lafayette Group, a private equity company based in Europe has led the capital investment round of $539,000 for SeekMake, a Tunisian construction tech startup....

NIGERIA RANK BELOW KENYA AND EGYPT IN VALUE OF STARTUP FUNDING IN FIRST HALF OF 2023

Kenya has now had more capital from investors in Africa in the 1st and 2nd quarters of this year. Kenya got $520 million from...

PATRICIA UNCERTAIN ABOUT TIMELINE FOR CUSTOMER ASSET RETRIEVAL

Patricia, Nigeria's prominent crypto trading app, is embroiled in controversy after unilaterally converting customers' cryptocurrency and cash holdings into a newly introduced asset called...

PIPEOPS EMERGES AS THE ONLY AFRICAN STARTUP AT TECHSTARS ACCELERATOR EVENT

A Nigerian Service web startup, PipeOps, has emerged as the only African startup to be part of the Techstars’ accelerator event in New Orleans,...

FOUNDERS FACTORY AFRICA SECURES $114 MILLION FUNDS, TO HELP MORE EARLY-STAGE STARTUPS

Founders Factory Africa has secured an additional $114 million in funding to expand its unique investment approach, which combines financial support and operational guidance...

MOOVE GETS $334 MILLION FUNDING

Moove has successfully received $76 million which would help Nigeria's mobility and logistics sector. Moove stated that it received $334 million in fundraising over...

EIA AND CCHUB PARTNERS TO SCALE UP AFRICAN STARTUPS

ENRICH in Africa (EiA), in partnership with Co-creation hub (CcHub), is introducing a pioneering initiative – the Africa to Europe scaling program. This innovative...

$500,000 FUNDING RAISED BY EGYPTIAN STARTUP, BUGUARD

Egyptian cybersecurity startup, Buguard, has raised about $500,000 in seed offerings to develop offensive security against dark web online attacks. The round was led...

NIGERIAN STARTUP POWERS AFRICAN SMEs

Shopazhub, an ingenious and growing online business boosting African SMEs to conduct business across nations in the continent was started by Ugoo Chukwunyelu who...

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