Startup Updates

Somali's Hafide Selected for Prestigious Timbuktoo Africa Fintech Accelerator

Hafide Accounting's inclusion in the Timbuktoo Fintech Accelerator illustrates the high degree of entrepreneurship and technological expertise found in Somaliland and similar countries. These regions are rapidly becoming hotbeds of startup activity and digital transformation in Africa.

by Joel Omulo

Somali's Hafide Selected for Prestigious Timbuktoo Africa Fintech Accelerator

News Startup Updates Funding

Nigerian AI Startup, Intron Health, Raises $1.6 Million in Pre-Seed Funding

Intron Health, a pioneering Nigerian AI startup specializing in speech-to-text transcription tools for healthcare workers, has raised $1.6 million in a pre-seed funding round.

by Joel Omulo

Nigerian AI Startup, Intron Health, Raises $1.6 Million in Pre-Seed Funding

News Startup Updates

US Bank Mercury to Close Accounts of Nigerian Startups Amid Compliance Issues

Mercury Bank, a prominent US financial institution that caters to global startups, has announced plans to terminate the accounts of Nigerian startup founders. The closure, set for August 22, 2024, is part of a broader policy affecting numerous countries predominantly from Africa and the Middle East.

by Joel Omulo

US Bank Mercury to Close Accounts of Nigerian Startups Amid Compliance Issues

News Startup Updates Funding

Village Capital Backs African Agritech Startups Aquarech and Coamana

Aquarech and Coamana will receive $350,000 and $500,000, respectively, from Village Capital. This funding is crucial for the expansion and development of their groundbreaking solutions in the agricultural sector.

by Joel Omulo

Village Capital Backs African Agritech Startups Aquarech and Coamana

News Startup Updates Funding

South African Climate-Tech Startup Plentify Secures Major Funding Round

South African climate-tech startup Plentify has successfully closed an oversubscribed funding round, attracting significant investment from top venture investors in Africa and North America.

by Joel Omulo

South African Climate-Tech Startup Plentify Secures Major Funding Round

News Startup Updates Funding

MNT-Halan Secures $157.5 Million to Propel Expansion Beyond Egypt

This latest funding round aims to fuel MNT-Halan's expansion beyond Egypt, cementing its position as a pioneering fintech company in the region.

by Joel Omulo

MNT-Halan Secures $157.5 Million to Propel Expansion Beyond Egypt

News Companies Startup Updates

SA's RecoMed and Discovery Vitality Join Forces to Simplify Healthcare Bookings

South African e-health startup RecoMed has entered into a strategic partnership with Discovery Vitality, aiming to streamline the process of booking flu vaccines and Vitality Health Checks for members.

by Joel Omulo

SA's RecoMed and Discovery Vitality Join Forces to Simplify Healthcare Bookings

News Resources Startup Updates

Call for African Innovators: Global Startup Awards Africa 2024

The Global Startup Awards Africa (GSA Africa) 2024, Edition 11, is now accepting entries. This prestigious competition invites African innovators, startups, and ecosystem enablers dedicated to solving critical global challenges to participate.

by Joel Omulo

Call for African Innovators: Global Startup Awards Africa 2024

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