Launch of Tanzania Angel Investors Programme: Training 50 Investors to Propel Startup Growth
The program will train 50 tech startup enthusiasts in Tanzania to become angel investors, offering them knowledge, mentorship, and practical support to kickstart their investment journey.
Many Nigerian Gen Zs Don’t Appear Financially Ready for the Future they Desire, Piggyvest Report Reveals
Recent findings suggest that many Gen Zs in Nigeria are not taking the path that will lead to a future...
French Football Stars Kick In for African Creator Economy Startup StarNews in Pre-Series A Round
Right now, StarNews has 4 million active users and partner with 120 content creators. They provide funding and support to these creators, as well as creating local content.
South African Fintech Startup Stitch Secures $25m Series A Extension Round
Stitch processes over 50 million payments annually, and over $2 billion in value, for some of the largest businesses operating in South Africa, including MTN and Multichoice.
P1 Ventures Launches $50 million Fund to Support Early-stage Startups in Africa
P1 Ventures describes itself as “a high-conviction investor that intentionally focuses on a small number of exceptional African founders and companies building transformational software businesses with regional and global potential”.
Enza Capital to Support African Startups with $58 million and a Founder Partner Program
Launched in 2019, Enza Capital has been supporting tech companies across fintech, logistics, health, human capital, and climate verticals in Africa.
South African Fintech Revio Has Raised $5.2 million to Improve Its Services
Revio has raised $5.2 million in a seed round led by QED Investors. Making Revio QED's third investment in an African startup following its Moniepoint and Remedial Health investments. Everywhere VC, Speedinvest, Ralicap, and Partech also joined the round.
Risevest Acquires Chaka, Its Former Competitor
Risevest has acquired Chaka, a digital trading platform for an undisclosed amount. Risevest, formerly known as Cashestate is a fintech that allows Africans to make dollar-denominated real estate investments.
Flapmax Selects 12 African Startups for Its FAST Accelerator AI Program
FAST Accelerator’s cohort of 12 startups will progress to a 5-week comprehensive acceleration experience in Silicon Valley, California starting in October.
Bolt Launches €25,000 Accelerator Program for Its Nigerian Drivers
Bolt has introduced an Accelerator Program for drivers who believe they can turn Nigeria's mobility issues into a profitable venture. This program will be executed in collaboration with the Nest Innovation Park (The Nest).