South African fintech company Adumo has been acquired by counterpart Lesaka in a deal worth ZAR1.59 billion (US$85.9 million), subject…
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Nigerian digital identity solutions provider Seamfix has raised US$4.5 million in funding to scale its technology infrastructure, improve data flow…
Kenyan agri-tech startup iProcure has been placed under administration due to undisclosed debts being unpaid. Launched in 2013, iProcure has…
Nigeria’s Renda, a Nigerian technology solution that simplifies order fulfillment and retail distribution for businesses in Africa, has closed a…
Nigerian on-demand food delivery startup Chowdeck has secured US$2.5 million in seed funding to optimise its operations and support expansion…
Kenyan mobility startup BuuPass has acquired QuickBus in a bid to scale in Nigeria and South Africa. Founded in 2016,…
Kenyan agri-tech startup Farm to Feed, which has developed a B2B platform that connects surplus produce with new uses, has…
Ethiopia’s Kubik, which specialises in the transformation of hard-to-recycle plastic waste into affordable, low-carbon building materials, has raised a US$5.2…
Egyptian group-buying startup Waffarha has raised a seven-figure seed round to help it expand its technology stack, hire new talent,…
Madica, a structured investment programme designed for pre-seed stage startups in Africa, has announced its first set of investments in…