- Gig workers in Côte d’Ivoire are now receiving lending solutions through an initiative currently exclusive to Yango’s partner drivers. Plans are in place to expand the service to consumers, food delivery agents, and merchants in the future. Ride-hailing app Yango has teamed up with COFINA , a…
- Explore strategies and insights for African startups looking to successfully expand across borders in a diverse and dynamic market landscape.
The post Ultimate Guide to Cross-Border Expansion for African Startups appeared first on Tech In Africa.
- Explore the stark differences between seed and Series A funding for African fintech startups, revealing key insights into investor expectations and market trends.
The post Seed vs. Series A: African Fintech Funding Compared appeared first on Tech In Africa.
- Nigerian mobility company Moove has finalized its acquisition of the Brazilian car rental startup Kovi in an all-share agreement, marking a significant step in its Latin American expansion. The startup officially entered the Mexican market in October 2024. “This acquisition not only enhances our…
- Explore how localization shapes market success in Africa by adapting to local languages, payment systems, and regulations.
The post How Localization Drives Market Fit in Africa appeared first on Tech In Africa.
- Africa’s entrepreneurial ecosystem secured $1.5 billion in equity in 2024. While this may seem like a significant achievement to the average person, experts have criticized the continent for falling short of its potential. Statistics reveal that Africa accounts for approximately five percent of…
- LagRide, a government-supported ride-hailing platform, is set to lead the adoption of electric vehicles in 2025, according to a source familiar with the development. The company intends to introduce electric cars provided by CIG Motors Co. Ltd., the Nigerian representative of Chinese state-owned…
- The new plant will greatly increase production from 1,000 units in 2024 and signal the company’s expansion into the three-wheeler market. Spiro, an electric mobility company active in seven African countries, is set to open its first EV assembly plant in Ogun State, Nigeria, by March 2025. This…
- According to a report by 6Wresearch, Africa’s cloud computing market is expected to reach around US$20 billion by 2025, with a projected compound annual growth rate (CAGR) of 16% through 2031. The growth is fueled by the digital transformation across sectors such as finance, healthcare, and…
- Swedfund, Sweden’s development finance institution, is committing more than $41 million (€40 million) to the Emerging Africa & Asia Infrastructure Fund (EAAIF), a venture under the Private Infrastructure Development Group (PIDG) and managed by the investment firm Ninety One. This investment…
- Egypt President Abdel Fattah El-Sisi unveiled the National Artificial Intelligence Strategy 2025–2030, reinforcing the country’s dedication to harnessing AI for economic growth, technological advancement, and improved quality of life. The strategy aspires to position Egypt as a premier AI hub…
- Oando, a prominent energy provider in Africa, has revealed intentions to incorporate artificial intelligence (AI) in its upcoming drilling operations to boost operational efficiency through advanced technology. Wale Tinubu, Oando’s Group CEO, highlighted that the integration of AI will allow the…
- The Gates Foundation-supported initiative, Investing in Innovation Africa(i3), alongside donors, pharmaceutical manufacturers, and African government entities, will allocate $1.6 million to fund 15 healthtech startups across Africa. The initiative will provide $50,000 equity-free grants to ten…
- South African fintech startup 6DOT50 has partnered with BTS and Serti Solutions to introduce cryptocurrency payments for vehicle purchases. This collaboration allows customers to buy both new and used cars at over 1,400 dealerships using eight different cryptocurrencies, including Bitcoin (BTC). In…
- Startups facilitating money transfers for Africans abroad are quickly growing their operations as remittances to sub-Saharan Africa reach unprecedented levels. Earlier this month, LemFi, a remittance company secured $53 million in funding from Silicon Valley investors after surpassing $1 billion in…
- African startups secured $2.2 billion in funding in 2024 through a combination of equity investments, debt, and grants. This accounts for 0.6% of the worldwide startup funding total of $275 billion. Although Africa experienced an 11% year-on-year decline in equity funding, it performed better than…
- KCB Bank Kenya, in collaboration with Mastercard, has launched the country’s first multi-currency prepaid card. This innovative solution is designed to streamline international transactions, enabling users to make seamless payments across multiple global destinations. Tailored to meet the diverse…
- Egypt’s Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has announced a $7.5 million investment across three regional venture capital funds, reaffirming its dedication to fostering entrepreneurship and supporting startups. This funding aligns with the Egyptian government’s broader…
- DisrupTech Ventures, a prominent Egyptian venture capital firm, has made a significant move into blockchain by leading a notable investment in Hamilton, a protocol that utilizes the Bitcoin network to tokenize real-world assets. The funding round also attracted participation from other key…
- Kapu, a Kenyan e-commerce startup focused on serving low-income consumers, has secured pre-Series A funding from BlackWood alongside its existing investors to expand its operations across Africa. The company’s mission is to lower the cost of living for mass-market consumers by providing essential…
- Moniepoint Inc., a prominent business payments and banking services platform in Nigeria, has received an investment from Visa, a global leader in digital payments. This partnership highlights Visa’s dedication to promoting financial inclusion, driving the evolution of digital payments, and…
- This new funding follows Naked’s achievement of raising $17 million in a Series B round in February 2023. South African insurtech firm Naked has raised $38 million (R700 million) in its Series B2 funding round, marking its largest capital raise to date and a notable achievement in a sector that has…
- Kenyan fintech firm Sevi , operating under the regulation of the Central Bank of Kenya , has secured fresh investment from Renew Capital . This funding advances Sevi’s goal of transforming stock financing for wholesalers and retailers with its groundbreaking “stock now, pay later” solution. Sevi’s…
- Egyptian fintech company MoneyHash has raised $5.2 million in a pre-Series A funding round, increasing its total capital raised to over $12 million since its inception in early 2021. This new investment comes after a $4.5 million seed round announced in February 2024. The funds will help drive the…
- Insight Terra, a prominent player in environmental risk management, has secured $5.7 million in an extended Series A funding round. The investment will support the expansion of its AI-powered platform, designed for monitoring greenhouse gas (GHG) emissions and managing geotechnical risks. The round…
- Explore how mobile health is revolutionizing telemedicine in Africa, enhancing access and overcoming healthcare challenges.
The post How Mobile Health Improves Telemedicine Access in Africa appeared first on Tech In Africa.
- Navigating trademark registration in Africa presents unique challenges, from high costs to fragmented systems, impacting business growth opportunities.
The post Trademark Registration in Africa: Key Challenges appeared first on Tech In Africa.
- Explore how women-led renewable energy startups in Africa are transforming lives through clean energy solutions and local entrepreneurship.
The post 10 Women-Led Renewable Energy Startups in Africa appeared first on Tech In Africa.
- Explore how IoT sensors enhance agricultural efficiency in Africa by improving crop yields, conserving resources, and providing real-time data.
The post How IoT Sensors Improve Crop Yields in Africa appeared first on Tech In Africa.
- Explore seven transformative mentorship programs empowering African startups with funding, training, and expert guidance to drive innovation and growth.
The post Top 7 Free Mentorship Programs for African Startups appeared first on Tech In Africa.
- Explore how big data is reshaping Africa's energy policies, enhancing access, optimizing systems, and overcoming infrastructure challenges.
The post Role of Big Data in African Energy Policy Research appeared first on Tech In Africa.
- Explore the booming MobilityTech sector in Africa, highlighting key funding trends and regional innovations shaping sustainable transportation.
The post Top 5 Regions for MobilityTech Funding in Africa appeared first on Tech In Africa.
- Explore the top startups in Morocco that are driving innovation and economic growth in fintech, mobility, renewable energy, and beyond.
The post Top 5 Startups to Watch in Morocco in 2025 appeared first on Tech In Africa.
- Explore Egypt's thriving startup ecosystem in 2025, highlighting top fintech innovations and their impact on financial inclusion and digital transformation.
The post Top 5 Startups to Watch in Egypt in 2025 appeared first on Tech In Africa.
- Explore the top startups in Kenya for 2025, driving innovation in fintech, education, and agritech while addressing key regional challenges.
The post Top 5 Startups to Watch in Kenya in 2025 appeared first on Tech In Africa.
- Moroccan startups wrapped up 2024 by securing $70 million, solidifying their standing as one of the most innovative and vibrant ecosystems in Africa. Ranking results East Africa West Africa North and southern Africa down The annual report ‘Africa: The Big Deal’ reveals that Moroccan startups have…
- Collaborating with prominent Ghanaian fintech company, Zeepay, BezoMoney is rolling out BezoSusu to users nationwide as part of the startup’s ambitious expansion strategy. Typically, the team of ten is focusing on digitizing an area that has been overlooked by some of the country’s leading fintech…
- The Association for the Promotion of Micro, Small, and Medium Enterprises (APME) is a private, non-profit entity dedicated to supporting the growth of MSMEs in Mozambique. Operating with legal status and full financial, administrative, and asset management independence, APME is officially…
- In a move aimed at advancing Africa’s digital evolution, Ethio Telecom has joined forces with the African Development Bank (AfDB) to enhance Ethiopia’s digital economy and expand internet connectivity throughout the continent. Acknowledging their mutual goals, H.E. Mr. Solomon Quaynor, Vice…
- Mastercard has launched its first office in Accra, Ghana, marking a significant expansion of its presence in West Africa. This move highlights the company’s dedication to supporting Ghana’s growing digital economy by providing tailored banking products and services for the local market. With Ghana’…
- The investment plays a crucial role in the development of Egypt’s largest onshore wind farm, a project anticipated to generate employment, boost energy self-sufficiency, and drive economic growth in the country. This initiative supports Africa’s overarching objectives to expand renewable energy…
- Selar, an eCommerce platform for digital creators, announced a payout of ₦9.8 billion in 2024, more than double the ₦4 billion disbursed in 2023. Founded in 2016 by Douglas Kendyson, the company has experienced remarkable growth, consistently doubling its creator payouts annually since 2022, thanks…
- The Central Bank of Nigeria (CBN) has introduced a new naira payment system designed to improve the payment processing time for Ministries, Departments, and Agencies (MDAs) by 70%. This new system, launched in conjunction with a digital document management tool called DocFlow, aims to simplify…
- The Kenyan government has required all social media platforms operating in the country to set up physical offices within its territory. This move is intended to improve accountability and address issues like disinformation, online abuse, and the incitement of violence. This action is a response to…
- Explore the top startups in Côte d'Ivoire that are reshaping industries and driving innovation in 2025, from fintech to waste management.
The post Top 5 Startups to Watch in Côte d’Ivoire in 2025 appeared first on Tech In Africa.
- Explore the top five South African startups in 2025, driving innovation in fintech, healthcare, agriculture, and renewable energy.
The post Top 5 Startups to Watch in South Africa in 2025 appeared first on Tech In Africa.
- Explore how global partnerships are pivotal in transforming Africa's energy landscape and addressing its renewable energy challenges.
The post Africa’s Energy Transition: Role of Global Partnerships appeared first on Tech In Africa.
- In a significant development, OpenAI has named Nigerian investment leader Adebayo Ogunlesi to its Board of Directors. Recognized as one of Africa’s most distinguished figures in global finance and infrastructure, Ogunlesi’s appointment marks a strategic shift for OpenAI, emphasizing a renewed focus…
- Explore Africa's renewable energy landscape, highlighting the innovative policies of Kenya, South Africa, and Nigeria towards a sustainable future.
The post Comparing Renewable Energy Policies in Africa appeared first on Tech In Africa.
- Women leaders in Africa are transforming digital skills training through empowerment, partnerships, and targeted programs, fostering economic growth.
The post How Women Leaders Shape Digital Skills Training in Africa appeared first on Tech In Africa.
