Daniel Abayomi

Kenyan agri-tech startup Twiga Foods raises $5m from France’s Mulliez family

Kenyan agri-tech startup Twiga Foods raises $5m from France’s Mulliez family

Kenyan agri-tech startup Twiga Foods has received a US$5 million secondary investment from France’s richest family, the Mulliez family, to support its growth. Founded in 2014, Twiga Foods is a business to business food distribution company that builds fair and reliable markets for agricultural producers and retailers through transparency, efficiency and technology. The startup is …

Kenyan agri-tech startup Twiga Foods raises $5m from France’s Mulliez family Read More »

Westcape: Ghanaian Startup Launches Pay-monthly E-commerce Marketplace | How Africa News

Westcape: Ghanaian Startup Launches Pay-monthly E-commerce Marketplace | How Africa News

Ghanaian startup Westcape has launched an e-commerce marketplace that enables merchants to sell their products on credit and empowers consumers to buy and pay in monthly instalments. The Westcape platform allows users to purchase a variety of goods, from household appliances and electronic gadgets to dresses and homes, and pay later, over a period of between one …

Westcape: Ghanaian Startup Launches Pay-monthly E-commerce Marketplace | How Africa News Read More »

Founders of Uganda’s DusuPay launch enterprise software startup MonkeyPesa

Founders of Uganda’s DusuPay launch enterprise software startup MonkeyPesa

Ntende Kenneth and John Kigony are already busy running Ugandan fintech startup DusuPay, which is going great guns, but they have diversified this year with the launch of a new startup – enterprise software provider MonkeyPesa. DusuPay, which provides infrastructure that allows global businesses to make and accept mobile payments across Africa, averages US$150,000 in …

Founders of Uganda’s DusuPay launch enterprise software startup MonkeyPesa Read More »

Rwandan platform-as-a-service startup ARED expands to Uganda

Rwandan platform-as-a-service startup ARED expands to Uganda

Rwanda-based platform-as-a-service startup ARED, known for its “Smart Business in a Box” solar-powered kiosks, has made Uganda its first international market. Launched in January 2013, ARED develops solar kiosks – known as Shiriki Hubs – that are run mostly by women and people with disabilities using a micro-franchise business model. These kiosks offer key services …

Rwandan platform-as-a-service startup ARED expands to Uganda Read More »

’Tropical Valley’? Startup update from Africa’s Indian Ocean region – VC4A

’Tropical Valley’? Startup update from Africa’s Indian Ocean region – VC4A

We often don’t hear about the Indian Ocean part of Africa except for its sunny beaches, enjoyable weather and relaxing lifestyle. It’s unlikely that you will think of the region as a vivid ecosystem supported by an active community of startups, funded by local VCs, trying to disrupt traditional businesses. However, this vision may change …

’Tropical Valley’? Startup update from Africa’s Indian Ocean region – VC4A Read More »

Report: In 2020, foreign investments dominated 71% of Nigeria’s startup funding – Techpoint Africa

Report: In 2020, foreign investments dominated 71% of Nigeria’s startup funding – Techpoint Africa

On record, foreign investments make up the larger part of Africa’s startup funding. As stated in the Techpoint Africa West Africa Decade Report, 81.3% of the total amount invested in West African startups that have raised at least $1 million in the past ten years came from outside the continent. Likewise, Techpoint Africa’s annual Nigerian …

Report: In 2020, foreign investments dominated 71% of Nigeria’s startup funding – Techpoint Africa Read More »

West African startup Gozem acquires Togolese food delivery service as it scales its “super app” offering

West African startup Gozem acquires Togolese food delivery service as it scales its “super app” offering

West African startup Gozem, which started out in the ride-hailing business but has been adding product lines as it transitions into a “super app”, has acquired Delivroum, Togo’s leading food delivery app. Launched in Togo in November of 2018 on the back of raising US$900,000 in funding, ride-hailing app Gozem swiftly expanded to Benin and …

West African startup Gozem acquires Togolese food delivery service as it scales its “super app” offering Read More »

Nigerian startup SeamlessHR raises new funding to scale its HR solutions

Nigerian startup SeamlessHR raises new funding to scale its HR solutions

Lagos-based HR and payroll tech startup SeamlessHR has closed a VC-led round of funding to unlock its next phase of growth.  Founded in 2018 and describing itself as “Workday for emerging markets”, SeamlessHR is building an enterprise-grade, cloud-based HR platform that helps medium to large-sized companies automate and optimise their entire HR process, from recruitment …

Nigerian startup SeamlessHR raises new funding to scale its HR solutions Read More »

Colombian-based accounting startup, Alegra expands to Africa, hopes to dominate market

Colombian-based accounting startup, Alegra expands to Africa, hopes to dominate market

Latin American accounting software startup, Alegra, is expanding to Africa, bringing its services to African SMEs. Founded in 2013 by Jorge Soto and Santiago Villegas, Alegra is a cloud-based invoicing, accounting, and administrative management software for micro, small and medium enterprises (MSMEs). In Latin America and Africa, MSMEs play vital roles in their respective economies …

Colombian-based accounting startup, Alegra expands to Africa, hopes to dominate market Read More »

Kenyan find-a-craftsman startup Fundis raises seed funding - Disrupt Africa

Kenyan find-a-craftsman startup Fundis raises seed funding – Disrupt Africa

By Tom Jackson on May 16, 2019 East Africa, News Kenyan startup Fundis, a P2P platform that connects users with vetted craftsmen, has raised a seed funding round from local VC firm Kuria Capital as it prepares to launch version two of its app. Fundis connects users with informal technicians and craftsmen, addressing a fragmented industry …

Kenyan find-a-craftsman startup Fundis raises seed funding – Disrupt Africa Read More »