Annie Njanja

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South African startup Talk360’s seed funding hits $7M after new backing

Months after the initial close of its seed round, Talk360, a South African Voice over Internet Protocol (VoIP) startup, has raised an additional $3 million, bringing the total investment raised in the

Sky.Garden, Kenya’s Amazon-style marketplace, faces closure after funding fell through

The future of Kenya-based Sky.Garden — an Amazon-style marketplace for third-party merchants to sell electronics, home goods and more — is in the balance after the startup failed to clos

YC-backed fintech Numida raises $12.3M led by Serena Ventures to extend loans to MSMEs beyond Uganda

Micro, small and medium-sized enterprises (MSMEs) across Africa make up the bulk — over 90% — of businesses in the continent but are still marginalized in accessing credit from formal inst

Ghanaian agtech Farmerline raises $1.5M from Dutch investor Oikocredit

Ghanaian agtech Farmerline has secured $1.5 million equity funding from Dutch impact investor Oikocredit in its second close of the pre-Series A round. The new funding brings the total amount raised i

Kenyan startup Ponea gaining momentum in driving access to medical services

Serial Kenyan tech entrepreneur Mike Macharia has spent the last two decades helping enterprises like East Africa’s biggest telco Safaricom to create infrastructure that bolsters their growth. His f

Nigeria’s YC-backed Remedial Health raises $4.4M seed funding

Early this year, Nigerian health tech startup Remedial Health announced plans to scale within the West African country, digitizing pharmacies and bringing efficiency in the pharmaceutical supply chain

Kenya’s insurtech Turaco maintains 1 billion user target as it raises $10M funding

Insurance penetration in Africa is currently below 3% largely attributable to the slow adoption of innovation in the sector. Many underwriters rely on traditional systems involving agents and lots of

MVP Match, a tech-talent marketplace, raises $5M from Stage 2 Capital

Tech-talent marketplace MVP Match has raised €5 million ($5 million) seed funding from Stage 2 Capital to double down its strategy for pairing companies with talent from across the globe. The German

Kenya’s HotelOnline acquires hospitality software company HotelPlus

HotelOnline, a Kenya-based Yanolja-backed travel technology scale-up that fashions itself as an e-commerce and digital marketing enabler in the hospitality industry, has acquired HotelPlus, a software

Uber wants court to nullify Kenya’s new ride-hailing law that caps service fee at 18%

Uber has appealed to Kenya’s apex court to annul the new digital taxi-hailing regulations claiming that some aspects are unconstitutional, discriminatory, discouraging to foreign investments and inf

Userpilot, a product-led growth platform for SaaS companies, raises $4.6M

Userpilot, a product-led growth platform for SaaS companies, has raised $4.6 million in a seed funding round led by Silicon Badia, with participation from ScOp Ventures and 500 Global. The startup’s

Seedstars Africa Ventures appoints new partner to back more founders in the continent

Seedstars Africa Ventures, the pan-African early-stage fund for startups, has appointed Bruce Nsereko-Lule as its new general partner, to help it deploy more capital and provide the much-needed techni

Jumia, Zipline launch drone package delivery in Ghana

Jumia, the pan-African e-commerce company, has partnered with Zipline to launch on-demand drone delivery in Ghana, with plans to expand the service to Nigeria and Côte d’Ivoire in the near future.

Kenyan fintech Pezesha raises $11M backed by Women’s World Banking, Cardano parent IOG

Access to finance remains a key growth constraint for small businesses, with data showing a $330 billion financing deficit for the small enterprises that make up 90% of Africa’s businesses. This is

New rules for digital lenders in Kenya aim to weed out bad actors while bolstering sector growth

Digital lenders in Kenya will be under the watch of the Central Bank of Kenya under the new Digital Credit Providers regulations.

Google Wallet enters South Africa to tap digital payments growth

Google Wallet is now available in South Africa, the first market for this product in Africa, to make it easy for users to save and easily and securely access their payment cards, loyalty cards and boa

YC-backed Zywa, a neobank for Gen Z, raises $3M to expand across MENA

Dubai-based Zywa, a neobank for Gen Z, plans to fuel its growth in the United Arabs Emirates (UAE), and to kick-start its expansion to Saudi Arabia and Egypt after raising $3 million seed funding at o

Kenyan agtech iProcure raises $10.2M to grow its input supply network

The shortage of agricultural inputs like fertilizer, unpredictable prices and the proliferation of substandard products into markets are some of the biggest challenges for Kenya’s agricultural secto

Ex-Novastar partner Niraj Varia takes on new challenge as CEO of Kenyan agtech iProcure

Niraj Varia spent the last eight years at Novastar Ventures, a global VC with hubs in Nairobi, Lagos and London, having joined it at inception and rising through the ranks to become partner. Under his

VCs set sights on African countries beyond the ‘Big Four’

Outside the Big Four, investments ballooned to $1.4 billion, up 382% year on year, according to Partech's 2021 report.
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