Bujeti, Nigerian Fintech Startup, Successfully Raises $2 Million in Seed Funding Round Led by Y Combinator (YC)
The secured funding is earmarked for accelerating Bujeti's growth, expanding market share, and diversifying its product offerings.
Startupbootcamp AfriTech Unveils OnAfrica Investor Syndicate to Boost Startup Support
The investment syndicate plans to provide selected startups with checks ranging from US$100,000 to US$400,000, covering funding, mentorship, and guidance from an experienced team of angel investors.
LyfPlus Brings Affordable Telemedicine to Tanzania Based on Personal Experiences
The startup charges between $5 and $16 for virtual consultations and takes a five percent commission on partner test facilities.
Bitmama Strengthens Cross-Border Payments with Acquisition of Payday
Bitmama's management assures that Payday's brand will continue with no immediate changes to fee structures or terms of service.
Fez Delivery Expands Last-Mile Delivery to UK with New Logistics Hub
This expansion aims to streamline delivery processes, boost efficiency, and offer faster and more dependable services.
Sky.Garden Resurfaces Strong: Bounces Back One Year After Lipa Later Acquisition
Kenyan e-commerce startup Sky.Garden is back in action one year after being acquired by Kenyan fintech Lipa Later. With a...
Kenya’s Startup Bill Poised to Pass Into Law by April 2024
The Startup Bill is designed to provide tax incentives, improve credit access, and create a supportive platform for startups, fostering the country's tech growth.
Nigeria Set to Revolutionise Passport Process with Automated Applications and E-Gates at Airports by 2024
Minister of Interior, Olubunmi Tunji-Ojo, shared that the automated passport application will be operational within a week.
EchoVC Unveils $2.5M Fund for African Cleantech Startups Ahead of COP28
The goal is to contribute to the growth and development of innovative solutions in these areas, recognizing the importance of supporting mission-driven founders with high-risk capital.
Regulatory Hurdles Force LemFi to Halt Operations in Ghana
The company is known for its strategic approach in acquiring licences and building partnerships with financial institutions for cross-border payments.