Startup Updates

Charting New Horizons: TLcom Capital Closes $154M Fund to back Early-stage Startups in Africa

TLcom Capital, a prominent VC firm with a stronghold in Lagos and Nairobi has successfully concluded fundraising for its second fund, TIDE Africa Fund II, amassing a substantial sum of $154 million.

by Joel Omulo

Charting New Horizons: TLcom Capital Closes $154M Fund to back Early-stage Startups in Africa

News Startup Updates

Nigeria’s Theeper Set to Return $350,000 to Investors Amidst it Closure

The closure of Thepeer sheds light on the multifaceted challenges faced by African startups in the fintech sector. Amidst the closure, Thepeer's founders made a noteworthy decision: to return approximately $350,000 to investors.

by Joel Omulo

Nigeria’s Theeper Set to Return $350,000 to Investors Amidst it Closure

News Funding Startup Updates

Nigerian Retail-tech startup OmniRetail Initiates Series A Fundraising

Nigerian retail-tech startup OmniRetail has embarked on its Series A fundraising journey with a significant investment from Goodwell Investments, propelling its mission to revolutionize Africa's commerce value chain.

by Joel Omulo

Nigerian Retail-tech startup OmniRetail Initiates Series A Fundraising

News Startup Updates

From B2B E-commerce to Social Commerce: Kenyan Startup MarketForce Shuts down RejaReja

MarketForce, a prominent Kenyan startup backed by Y Combinator, has announced a strategic pivot, shuttering its B2B e-commerce arm, RejaReja, to redirect its focus towards social commerce. This bold move reflects the company's commitment to adaptability and innovation.

by Joel Omulo

From B2B E-commerce to Social Commerce: Kenyan Startup MarketForce Shuts down RejaReja

News Startup Updates

Empowering Ethiopian Agriculture Through Innovation: Startup Expo Showcases Potential

Ethiopia's agricultural sector is poised for a technological revolution as visionary entrepreneurs unveil groundbreaking solutions at the ongoing Startup Ethiopia exhibition. These innovative initiatives are set to elevate the quality and value of Ethiopian agricultural products.

by Joel Omulo

Empowering Ethiopian Agriculture Through Innovation: Startup Expo Showcases Potential

News Startup Updates

Fueling Educational Innovation in South Africa: Injini-Mastercard Foundation EdTech Fellowship

Injini, Africa's pioneering ed-tech accelerator, in collaboration with the Mastercard Foundation, has unveiled the second cohort of the Injini-Mastercard Foundation EdTech Fellowship. This esteemed fellowship program is set to empower twelve innovative South African startups.

by Joel Omulo

Fueling Educational Innovation in South Africa: Injini-Mastercard Foundation EdTech Fellowship

News Funding Startup Updates

Expanding Horizons: Pan-African Beauty Startup Zuri Secures Investment from Launch Africa Ventures

Zuri, a trailblazing Pan-African beauty startup, celebrates a significant milestone as it secures its first institutional tech investment from Launch Africa Ventures. This investment not only marks a pivotal moment in Zuri's journey but also signifies advancement in the African beauty industry.

by Joel Omulo

Expanding Horizons: Pan-African Beauty Startup Zuri Secures Investment from Launch Africa Ventures

News Startup Updates

Revolutionizing Pharmaceutical Operations: Nigerian Startup Remedial Health Unveils New App

The latest iteration of Remedial Health's app introduces several groundbreaking features. These include a digital point-of-sale (POS) terminal for seamless payment collection, virtual business accounts for efficient payment reception, and an in-built barcode scanner for recording product sales.

by Joel Omulo

Revolutionizing Pharmaceutical Operations: Nigerian Startup Remedial Health Unveils New App

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