Reliance Health
Funding Health Investment Venture Capital

Nigeria’s Reliance Health Raises $40M in Series B Led by General Atlantic

Reliance Health, an emerging markets-focused digital healthcare provider, has completed a $40M Series B funding round led by General Atlantic.

Kigali International Financial
Funding Venture Capital

KIFC Unveils $50m Fintech-focused Africa Fund

Kigali International Financial Centre (KIFC) has launched a $50 million Fintech-focused Africa Fund.   Backed by MyGrowthFund Venture Partners, the fund

Sports

Paystack CEO Shola Akinlade Launches Football Club

The co-founder and CEO of Paystack, Shola Akinlade has launched a football club tagged Sporting Lagos. This was announced in

Acquisition Insurtech

Lami Acquires Kenya’s Bluewave Insurance Agency to Expand Access to Insurance Across Africa

Lami, Kenya’s insurance technology company, has acquired Bluewave Insurance Agency, a Kenyan-based insurtech startup that leverages mobile technology to reach

Funding Health Investment Venture Capital

Kenya’s Afya Rekod Closes its Seed Round at $2m to Scale Across Africa

Afya Rekod, a Kenyan based company, has raised $2 million in Seed funding, led by Mac Venture Capital. Other participants include Next Chymia,

OLX
Ecommerce

Classified Ecommerce Platform OLX Closes Shop in South Africa

OLX, a classified ecommerce platform, has been shut down in South Africa. Visitors to the platform’s website were greeted with

Casava
Insurtech Venture Capital

Casava Closes $4m Pre-seed Funding to Provide Microinsurance For Nigerians

Casava, Nigeria’s first 100% digital insurance company, has secured $4 million in pre-seed funding to provide affordable and accessible insurance

MAX
CleanTech Electric Vehicle Mobility

The Rwanda Innovation Fund Invests in Nigeria’s MAX

The Rwanda Innovation Fund has announced its latest investment in Metro Africa Xpress Inc. (MAX), a vehicle subscription platform for

Cryptocurrency Technology

GIGL Adds Crypto Wallet to its Propriety Delivery App GIGGO

GIG Logistics, a West African provider of last-mile delivery solutions, has launched a version of its propriety delivery app ‘GIGGo’

YFS
Logistics

Egyptian On-demand Logistics Startup, YFS Closes $7m Series A

Yalla Fel Sekka (YFS), an Egyptian on-demand logistics provider, has raised a $7 million Series A round led by DisruptAD,