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Sudan, a country battered by war and instability, has been struggling to find stability. However, despite the chaos, there are pockets of safety where startups are still thriving. Savannah Innovation …
Bringing Innovation Back to Sudan Read More
Digital lending platforms have become an easy and swift alternative source of credit for microenterprises and individuals overlooked by traditional banking institutions. These platforms have turned into a lifeline for …
Impact investors FMO and BlueOrchard back Ghana’s digital lender Fido in $30M Series B round Read More
Startups globally have faced challenges over the last couple of years when trying to exit, due to factors like a frozen IPO market and reduced attractiveness to buyers. In addition, …
From InstaDeep to Paystack: Here are Africa’s biggest startup exits and how much they raised Read More
Dubai-based early-stage venture capital firm COTU Ventures is announcing that it has raised $54 million for its inaugural fund to support startups in the Middle East from pre-seed to seed …
COTU Ventures launches $54M fund for pre-seed and seed startups in MENA Read More
Last week, pan-African e-commerce platform Jumia said it was discontinuing its food delivery service, Jumia Food. According to the company, its food delivery business didn’t align with the current operational …
Jumia quit food delivery because of deep-pocketed ‘aggressive’ rivals, CEO says Read More
Pan-African e-commerce platform Jumia has disclosed its intention to discontinue its food delivery service, Jumia Food. The company said its food delivery business is not aligned with the current operational …
Jumia discontinues food delivery across seven markets, shifts focus to expanding physical goods business Read More
Maka, an African fashion and beauty e-commerce platform, has raised a $2.65 million pre-seed round led by Pan-African venture capital firms 4DX Ventures and Janngo Capital. Other investors include Palm …
Social commerce platform Maka raises $2.65M to simplify buying fashion and beauty products in Africa Read More