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Eleven African startups have been selected for 2021 ‘s Y Combinator’s Summer Batch, with Nigeria leading the pack with four startups. An American seed funding accelerator, Y Combinator which invests $125k in selected startups in exchange for 7% equity every two years, has announced eleven African startups for the 2021...
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Ghana’s Yemaachi Biotechnology which focuses on immuno-genomics, bioinformatics, and artificial intelligence selected for Y Combinator’s 2021 Summer Cohorts. American seed funding accelerator, Y Combinator which invests $125k in selected startups in exchange for 7% equity every two years, has selected Ghana’s Yemaachi Biotechnology for their 2021 Summer Batch of...
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African mobility fintech startup, Moove to provide revenue-based vehicle financing, empowering individuals across Africa to own their own vehicle. Moove, an African mobility fintech, today announced that it has raised $23 million in Series A funding. The round was led by Speedinvest and Left Lane Capital, with participation from DCM,...
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Ghana’s Jetstream lands $3M to build the digital infrastructure for Africa’s trade corridors Ghanaian logistics startup Jetstream, a platform that enables African businesses to see and control their own cross-border supply chains, has closed a funding round of US$3 million to expand its operations. Local and international investors participated in the...
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The Global Startup Ecosystem Index 2021 Report by StartupLink indicates Lagos has overtaken Nairobi to become Africa’s top startup city. Lagos, the commercial capital of Nigeria has overtaken Nairobi, Kenya to become Africa’s top startup ecosystem. This is according to the Global Startup Ecosystem Index 2021 which was released...
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Bhala is the first intelligent African Language Keyboard and Stickers app designed for Africans and African Languages. A mobile virtual keyboard, Bhala that uses machine learning and state of the art deep learning models to improve the experience of writing in African languages has been launched. Launched in January,...
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UNICEF is excited to welcome this new cohort of 22 startups from across Ghana to the UNICEF StartUp Lab for 2021. UNICEF has announced the launch of the 2021 cohort of the UNICEF StartUp Lab – a co-creation space and incubator, that engages young startups in the development of...
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Appzone, the Pan-African fintech software announced the close of its $10mn Series A round from V8 Capital, Lateral Invest Partners & others. Led by CardinalStone Capital Advisers with participation from V8 Capital, Lateral Investment Partners, Constant Capital, and Itanna Capital Ventures, the new round will bolster investment in Appzone’s...
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BezoMoney, an Accra-based fintech startup, has secured US$200,000 in a seed funding round led by Goodsoil VC, a venture capital firm based in London. According to the fintech, the funding will be used to acquire the Payment and Financial Technology Service Providers (PFTSP) license in Ghana, build and deploy...