MEST Africa
Startup

Senegal’s Kwely Emerges As Winner of the 2022 MEST Africa Challenge

MEST Africa has announced Senegalese tech startup Kwely as the winner of the 2022 edition of the MEST Africa Challenge (MAC); a pan-African tech

OneOrder
Funding Investment Venture Capital

OneOrder raises $3 million Seed Round From Global Investors to Catalyse Growth

OneOrder, an Egyptian fintech-enabled restaurant management platform providing food supplies to hotels, restaurants and cafes, has closed a $3 million

MEST Africa
Startup

Meet 5 Startups Selected For MEST Africa Challenge Grand Finale

MEST Africa has announced the five startups that have been selected for the grand finale of the 2022 MEST Africa

Purple Elephant Ventures
Funding Investment Startup Venture Capital

Kenyan Tourism-focused Venture Studio, Purple Elephant Ventures Secures $1m Funding

Purple Elephant Ventures (PEV), the Kenyan tourism-focused venture studio, has closed a $1 million pre-seed to build the next generation of

Celo Foundation
Partnership

Unicorn Growth Capital and EchoVC Join the Celo Foundation’s Efforts To Strengthen Celo’s Africa Ecosystem

Unicorn Growth Capital, an Africa-focused venture fund investing at the intersection of traditional finance (TradFi) and decentralized finance (DeFi), and EchoVC,

Pezesha
Funding Investment Startup Venture Capital

Pezesha Secures $11m Pre-series A Funding to Grow its Embedded Finance Platform

Pezesha, a pan-African embedded finance fintech, has raised $11 million in pre-series A investment. The round was a mix of $6

MEST Africa
Startup

APPLY: The MEST Africa Challenge

MEST Africa has officially announced the opening of applications for the 2022 MEST Africa Challenge. Pre-seed to seed stage technology

SOUTH AFRICA’S SMARTWAGE APPOINTS THAMSANQA MOYO AS ITS NEW CTO
Africa Funding Startup

Cathay AfricInvest Innovation Fund Complete Final Close of €110M

AfricInvest, a leading multi-asset investment platform in Africa and global venture capital firm Cathay Innovation, have completed the final close

Twitter
Acquisition Business Social Media

Elon Musk Withdraws From $44B Deal to Purchase Twitter

Elon Musk, the founder of Tesla and SpaceX, has disclosed that he’s pulling out of a $44 billion deal to buy Twitter.

Flutterwave
Fintech Payment

Kenya High Court Freezes Millions Belonging to Flutterwave

A Kenyan High Court has frozen more than $59 million belonging to Flutterwave, the African payment firm. The money according