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Nigerian Angel Investor Olumide Soyombo Co-Launches Fund to Bridge Funding Gap for African Startups
After years of investing on his own, Nigerian angel investor Olumide Soyombo is launching his own venture to support African-based startup companies.
- Categories
- Entrepreneurship, Investing, Technology
- Region
- Sub-Saharan Africa
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Nigeria’s Kuda Bank Raises $55 Million At $500 Million Valuation
Nigerian FinTech startup Kuda Bank notched $55 million in a Series B funding round at a $500 million valuation as the digital bank seeks to expand into other countries across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Kenya’s Wapi Pay Raises $2.2 Million Pre-Seed for Cross-Border Payments Between Africa and Asia
Wapi Pay will use the investments to engage regulators for licensing across Africa and for scale, product and geographical expansion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: The Emerging Market Grind: How ‘Doing More With Less’ Leads To More Resilient, Scalable Startups
Sebastián Vidal discusses why startups that want to become profitable and enduring, fast, should consider starting up in emerging markets.
- Categories
- Investing
- Region
- Global
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South Africa’s Khula Closes $1.3 Million Seed To Scale Its Software-for-Agriculture Platform
Inadequate financing, education and input distribution persist, but startups such as Khula are providing innovative solutions to these problems.
- Categories
- Agriculture, Education, Technology
- Region
- Sub-Saharan Africa
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Egyptian Social E-Commerce Startup Taager Closes $6.4 Million Seed Round
Egyptian social e-commerce startup Taager has raised a US$6.4 million seed funding round to help it scale its platform and expand across the Middle East.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, investing, scale, social impact, startups
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DFS Lab and the Stellar Development Foundation Launch a Blockchain Bootcamp for African Startups, Offering Prizes up to 20,000 USDC for Most Promising Solutions
DFS Lab in collaboration with the Stellar Development Foundation (SDF) has launched a call for applicants for a Blockchain Bootcamp, designed to give early to mid-stage startups in Africa an opportunity to build on Stellar, an open-source blockchain network for financial services and products.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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India’s GlobalBees Raises $150 Million to Build Thrasio-like House of Brands
GlobalBees acquires and partners with digitally native brands across categories such as beauty, personal care, home and kitchen, food and nutrition, with a revenue rate of $1 million to $20 million.
- Categories
- Entrepreneurship, Technology
- Region
- Asia Pacific
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