Startup Updates

Kenya's Copia Lays Off 1,060 Employees Amid Financial Troubles

Kenyan e-commerce startup Copia Global has laid off 1,060 employees just two weeks after the company entered administration. This move comes on the heels of an internal memo revealing the B2C platform’s struggles with payroll.

by Joel Omulo

Kenya's Copia Lays Off 1,060 Employees Amid Financial Troubles

News Companies Startup Updates

Nigeria’s SmartParcel Introduces Innovative Franchise and Location Partnership Opportunities

SmartParcel, a cutting-edge logistics startup in Nigeria, has announced the launch of its SmartLocker Investor Franchise and Location Partnership programs. These initiatives aim to provide secure, convenient, and reliable delivery services.

by Joel Omulo

Nigeria’s SmartParcel Introduces Innovative Franchise and Location Partnership Opportunities

News Startup Updates Growing

SA Payment Orchestration Startup Revio Rebrands to Precium Following Global Expansion

South Africa's Revio, a leading payment orchestration platform, has rebranded to "Precium" to reflect its evolution from a local payment processor to a global payments platform. This change comes in the wake of significant growth and international recognition.

by Joel Omulo

News Startup Updates

Ghanaian Clean-Tech Startup Kofa Expands Battery Swapping System to Kenya and Togo

Kofa, a leading Ghanaian clean-tech startup, is making significant strides in the electric vehicle (EV) sector with its innovative battery swapping solutions. Currently rolling out an e-motorcycle in Ghana, Kofa plans to expand its battery swapping system to Kenya and Togo in the near future.

by Joel Omulo

Ghanaian Clean-Tech Startup Kofa Expands Battery Swapping System to Kenya and Togo

News Resources Startup Updates

Africa’s Largest AI Fest for Startups Comes to South Africa

On June 6, 2024, Johannesburg, South Africa, will host the continent’s largest African Startups AI Fest, an event organized by Microsoft. This hybrid event is designed to bring together technology startup founders, pioneers, partners, and customers.

by Joel Omulo

Africa’s Largest AI Fest for Startups Comes to South Africa

News Startup Updates

The Rise and Fall: Kenya based Data Analytics Startup Gro Intelligence

Kenya-based data analytics startup Gro Intelligence is shutting down, marking the end of a once-promising venture in the agricultural data industry. This decision follows months of turmoil and failed attempts to secure additional funding, despite emergency financing earlier this year.

by Joel Omulo

The Rise and Fall: Kenya based Data Analytics Startup Gro Intelligence

News Funding Startup Updates

Morroco's YoLa Fresh Secures $7 Million Pre-Series A Funding

Moroccan agritech startup YoLa Fresh has raised $7 million in a pre-Series A funding round. This milestone marks a significant step in the company's mission to revolutionize the fresh food supply chain in Africa.

by Joel Omulo

Morroco's YoLa Fresh Secures $7 Million Pre-Series A Funding

News Startup Updates Growing

GoBEBA to Expand E-commerce Services to Four More Kenyan Cities

Kenyan startup GoBEBA, an innovative player in Africa’s utilities supply chain, is set to expand its operations to four additional cities in Kenya over the next two years. This move comes as part of its broader strategy to cater to the continent's rapid urban growth.

by Joel Omulo

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