MEST Africa’s Graduating Tech Startups Raise USD 1.1 Mn In Funding From The Incubator

Pan-African incubator MEST Africa, has announced that it is investing in the 11 startups that are graduating from its 2019

Kenyan Recycler Mr. Green Africa Receives Unspecified Investment From DOB Equity And Global Innovation Fund

In 2005, it was estimated that leading supermarkets in Nairobi gave 1 million plastics bags to their customers, a number

With GoKada Down, Its High-Flying Competitor Strengthens Grip On The Market With New Bus-Hailing Platform

First, they came with promises of changing the face of Nigeria’s bike-hailing segment; a promise they seem well on course

Tech Publication Platform MENAbytes Gets Acquired By Cairo-based RiseUp

In what is one of the past few years’ disclosed media company acquisitions in Africa, Egypt’s RiseUp has taken full


A Nigerian Real Estate Company Has Just Parted With Serious Cash For 25% Stake In A Co-Funding Platform

LandWey, one of the most respected real estate companies in Nigeria — known for development projects in the commercial, retail

Household Enemies? GoKada Riders Still Working In Spite Of Company Shutdown

The Nigerian bike-hailing sector has had its fair share of ups and downs. The drama shows it is yet to

Johannesburg-based Fintech Startup uKheshe Justifies USD 6.5 Mn Valuation With USD 500 K Seed Raise

South African fintech startup uKheshe has raised USD 500 K in seed funding (more than ZAR 7.6 Mn) from FiTech

Savant Technology Incubator Invests Undisclosed Sum In S.A.’s Security Startup Jonga

South Africa’s security startup Jonga Systems has raised an unspecified amount of seed funding from the Savant Venture Fund, the

Egyptian Healthtech Startup Chefaa Raises Six-Figure Seed In 500 Startups-Led Round

Chefaa, a Cairo-based healthtech startup, has raised a six-figure USD funding from 500 Startups. The investment round also included a

GoKada CEO Fahim Saleh Didn’t Like His Own Bike Ride – And He Wants 12 Days To Change Things

Today is the beginning of Gokada’s temporary operation shutdown. Twitter is abuzz with apologies from the company and complaints from

Nigerian Trucking Logistics Startup Kobo360 Inks USD 30 Mn In Two Funding Deals

African e-logistics startup Kobo360 has announced the close of a USD 20 Mn Series A equity round led by Goldman

Billionaire Patrice Motsepe’s Investment Firm Buys 25 Percent Stake In S.A’s Capital Legacy

African Rainbow Capital acquired a 25 percent stake in South Africa’s estate planning company Capital Legacy, a business that specializes