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Africa Tech News
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Africa Tech News
Closing the gap: Klarna’s founder’s African tech growth fund snaps $205M
Norrsken22, an Africa-focused tech growth fund, has successfully concluded its initial fund-raising effort, amassing an impressive $205 million…
Women-led Egyptian startup Almouneer raises $3.6M to treat diabetes and obesity
Almouneer, an Egyptian healthtech startup, has raised $3.6 million in seed funding. The round was led by Dubai-based…
Biggest funding rounds for crypto startups in summer 2023
Funding for crypto startups is becoming increasingly scarce, as venture capital investment in the industry has seen a…
Nigeria-based Remedial Health snaps $12M to provide financial services for neighbourhood pharmacies
Across Africa, 85% of retail medicine purchases happen at micro-enterprises, typically neighbourhood pharmacies and Proprietary Patent Medicine Vendors…
Zuvy comes out of stealth with $4.5M funding to amplify invoice financing across Nigeria
Zuvy, a Lagos-based startup that has been operating in stealth since 2021, has emerged with a much-needed solution…
Using AI to address Africa’s challenges: Amini Corp, founded by former NVIDIA exec, raises $2M funding
Despite Africa possessing 65% of the world’s uncultivated fertile land and 30% of its mineral resources, the continent’s…
Nigeria-based Nomba raises $30M to scale its payment solution to businesses across Africa
While there has been growth in digital payments across Africa, most businesses still have access to generic point-of-sale…
London VC backs $31M funding of South Africa fintech startup Peach Payments
Peach Payments, a South African payments infrastructure firm, has raised $31M in a Series A funding round led…
Web3 in Africa: Why now is the right time
Web3 is the only way for the African continent to develop. Here’s why. Let’s start by examining the…
