Africa Roundup: Goldman leads $30M Twiga raise, China grows tech influence, Jumia weathers lockup-expiry
Kenya’s Twiga Foods raised a total of $30 million in October from lenders and investors led by Goldman Sachs. This adds to the list of...
Category : kenya
How Britain dishonoured its African first world war dead | World news
Next week marks the centenary of the first Remembrance Sunday. But over the decades, hundreds of thousands of war dead who served Britain in the...
Naspers Foundry is open for South African startup pitches, CEO says
Naspers’ 1.4 billion rand (≈$100 million) VC fund to support South African startups — Naspers Foundry — is accepting pitches, after making its first investment...
Nigeria’s #StopRobbingUs campaign could spur tech advocacy group, CEOs say
Nigeria’s #StopRobbingUs campaign to curb police harassment of techies could grow into a formal lobbying group for the country’s tech sector, according to founders Bosun...
Nigeria’s CcHub acquires Kenya’s iHub to create mega Africa incubator
Two of Africa’s powerhouse tech incubators will join forces. Nigerian innovation center and seed-fund CcHub has acquired Nairobi based iHub — CcHub CEO Bosun Tijani...
Nigerian online-only bank startup Kuda raises $1.6M
Nigerian fintech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding. The Lagos and London-based company recently launched the...
DHL expands Africa eShop online retail app to 34 countries
DHL has expanded its DHL Africa eShop business to 13 additional markets, upping the presence of the global shipping company’s e-commerce platform to 34 African...
What is Andela, the Africa tech talent accelerator?
As someone who covers Africa’s tech scene, I’m frequently asked about Andela . That’s not surprising, given the venture gets more global press (arguably) than...
Tala’s $110 Million raise – late stage VC feels like a House of Cards
We live in a world where we often have to wonder what the balance between promise and performance is. It is especially critical to see...
African incubator MEST has a new MD and 11 fresh startup investments
Pan-African incubator MEST announced investments in 11 startups from its 2019 cohort that will each receive $100,000 in financing. The $1.1 million backing for a...
Y Combinator-backed Trella brings transparency to Egypt’s trucking and shipping industry
Y Combinator has become one of the key ways that startups from emerging markets get the attention of American investors. And arguably no clutch of...
Kenyan MP and baby ejected from parliament session | World news
Some Kenyan lawmakers are protesting against a decision by the temporary speaker of parliament’s lower house to eject their colleague who was holding her young...
Africa’s top mobile phone seller Transsion to list in Chinese IPO
Chinese mobile-phone and device maker Transsion will list in an IPO on Shanghai’s STAR Market, Transsion confirmed to TechCrunch. The company—which has a robust Africa...
Kenya’s Blockchain Task Force Advises Government to Consider Initial Coin Offerings
The blockchain and cryptocurrency task force established by the Kenyan government is requesting that the authorities enable the development of initial coin offerings (ICOs). According...
Kenya Prepares to Embrace Blockchain
On July 25, 2019, news broke of Kenyan Cabinet Secretary Joe Mucheru receiving a report from Bitange Ndemeo, which recommends blockchain technology to help tackle...