• AfCFTA Caravan Prize 2021 Winners Announced

    The AfCFTA Secretariat and its partners on the 4D, ProPer, and Caravan Initiatives, AfroChampions and the Arab Bank for Economic Development (BADEA), have announced the winners of the AfCFTA Caravan Prize. Five winners have been announced out of the 10 finalists. The 20 finalists and semi-finalists were tasked with conceiving...
  • Nigeria’s Lemonade Finance Secures $725k pre-seed Funding Round.

    Nigerian fintech startup, Lemonade Finance, has raised $725K in pre-seed funding for a project aimed at improving access to financial services for African diaspora investors. Nigerian fintech startup Lemonade Finance has secured a US$725,000 pre-seed funding round. The round was led by Y Combinator and other investors Ventures Platform,...
  • Kenyan-based payroll startup, Workpay, expands to Nigeria.

    Workpay, a Nairobi-based YC graduate, is expanding operations to Nigeria to offer Core HR, Payroll, and employee record services. Workpay, which was founded in 2019, enables SMEs to conveniently manage and pay their employees from anywhere in Africa. People may log time, perform a locally compliant payroll, and pay...
  • TaskMate Launches In Kenya To Provide Locals With Money-Making Opportunities.

    TaskMate, a crowdsourcing app that lets people use smartphones to do tasks and get paid, has been launched in Kenya by Google. Google has just launched TaskMate, a crowdsourcing app that lets people use smartphones to do tasks and get paid, in Kenya after a year-long experiment in the East African country....
  • Sierra Leone’s Fintech EziPaySL names Vickie Remoe as Brand Ambassador.

    Vickie Remoe has been named as the brand ambassador of EziPaySL, a money transfer app that makes it easier for Sierra Leoneans in the Diaspora to send money home. Vickie Remoe, a TV host, writer, and podcaster, has been named a brand ambassador for EziPaySL, a money transfer service...
  • Nigeria’s Plentywaka Raises $1.2 million and acquires Ghana’s Stabus.

    Nigerian mobility startup, Plentywaka has raised $1.2 million in seed funding after successfully completing the Techstars Toronto Accelerator Program in July 2021. Stabus, a Ghanaian mobility startup, was also fully acquired by the startup. Isidore Kpotufe founded PlentyWaka in 2019 as a bus-hailing solution that allows commuters to book...
  • Eleven African Startups Selected for 2021 Y Combinator Summer Batch

    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...
  • Nigeria’s Green Africa Airways Commences Operation After Receiving AOC

    Nigeria’s Green Africa Airways led by Founder & CEO Babawande Afolabi to commence operations after receiving its Air Operator Certificate (AOC) from the Nigerian Civil Aviation Authority (NCAA). On August 9th, Green Africa Airways finally received its Air Operator Certificate (AOC) from the Nigerian Civil Aviation Authority (NCAA). The...
  • Moove Raises $23 Million in Series A Funding to Democratize Vehicle Ownership in Africa

    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,...