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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…
November 3, 2023
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…
November 1, 2023
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…
September 13, 2023
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…
August 1, 2023
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…
July 3, 2023
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…
May 18, 2023
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…
May 2, 2023
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…
April 6, 2023
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…
March 29, 2023