Rwanda

Vaya Africa, a ride-hail mobility venture founded by Zimbabwean mogul Strive Masiyiwa, has launched an electric taxi service and charging network in Zimbabwe with plans to expand across the continent.…

Vaya Africa launches electric ride-hail taxi network

Drones are being deployed in the fight to curb COVID-19 in the U.S. Novant Health and California-based UAV delivery startup Zipline have launched distribution of personal protective gear and medical…

Zipline begins US medical delivery with drone program honed in Africa

Nigerian startup Helium Health sits in a good position during a difficult period, according to its co-founder. The Lagos based healthtech venture is in the black, has batted away acquisition…

Nigeria’s Helium Health raises $10M Series A for Africa expansion

Africa-focused tech talent accelerator Andela has let go 135 employees, CEO Jeremy Johnson confirmed to TechCrunch. Senior staff at the company — with offices in New York and four African…

Andela CEO confirms staff cuts as layoffs hit African tech

Pan-African e-commerce company Jumia got into the black (by a small amount) on its gross profit vs. fulfillment expenses, expanded financial services and still posted losses. The online sales company,…

Africa e-tailer Jumia reports first full-year results post NYSE IPO

Kenya based B2B e-commerce startup Sokowatch has raised $14 million in Series A funding toward its mission of revamping supply-chain markets for Africa’s informal retailers. From Nairobi, the company has…

Sokowatch raises $14M to digitize Africa’s informal B2B supply-chain

San Francisco and Lagos-based fintech startup Flutterwave has raised a $35 million Series B round and announced a partnership with Worldpay FIS for payments in Africa. With the funding, Flutterwave will invest…

African fintech firm Flutterwave raises $35M, partners with Worldpay

2019 brought more global attention to Africa’s tech scene than perhaps any previous year. A high-profile IPO, visits by both Jacks (Ma and Dorsey) and big Chinese startup investment energized…

2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital

African cross-border fintech startup Chipper Cash has raised a $6 million seed round led by Deciens Capital. The San Francisco-based company offers mobile-based, no fee, P2P payment services in six…

Payment startup Chipper Cash raises $6M for Southern Africa expansion

Two of Africa’s powerhouse tech incubators will join forces. Nigerian innovation center and seed-fund CcHub has acquired Nairobi based iHub, CcHub CEO Bosun Tijani confirmed to TechCrunch. The purchase amount…

Nigeria’s CcHub acquires Kenya’s iHub to create mega Africa incubator

New research by the Oxford Internet Institute has found that social media manipulation is getting worse, with rising numbers of governments and political parties making cynical use of social media…

Voter manipulation on social media now a global problem, report finds

Africa-focused tech talent accelerator Andela will cut 400 junior engineers across Kenya, Uganda and Nigeria, CEO Jeremy Johnson told TechCrunch. The layoffs come as the startup released first-time earnings figures…

Africa-focused Andela cuts 400 staff as it confirms $50M in revenue

Nigerian freight logistics startup Kobo360 raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. The company — with an Uber-like app…

Africa Roundup: Goldman backs Kobo360, Rwanda commits to EVs, Interswitch IPO update

As someone who covers Africa’s tech scene, I’m frequently asked about Andela. That’s not surprising, given the venture gets more global press (arguably) than any startup in Africa. I’ve found…

What is Andela, the Africa tech talent accelerator?

The government of Rwanda will soon issue national policy guidelines to eliminate gas motorcycles in its taxi sector in favor of e-motos. The country’s president, Paul Kagame, previewed the plan…

Rwanda to phase out gas motorcycle taxis for e-motos

In July, French television company Canal+ acquired the ROK film studio from VOD company IROKOtv. Canal+ would not disclose the acquisition price, but confirmed there was a cash component of the…

Africa Roundup: Canal+ acquires ROK, Flutterwave and Alipay partner, OPay raises $50M

Nairobi-based internet hardware and service startup BRCK and Egyptian ride-hail venture Swvl are partnering to bring Wi-Fi and online entertainment to on-demand bus service in Kenya. BRCK will install its…

Startups BRCK and Swvl partner on free Wi-Fi for Kenyan ride-hail buses

When it comes to VC, vehicles, and startups, Africa’s ride-hail markets are becoming a multi-wheeled and global affair. The big players such as Uber and Bolt are competing in Kampala…

Africa’s ride-hail markets are hot spots for startups and VC

On Wednesday the World Health Organization declared the ongoing — and now year-old — Ebola outbreak a global health emergency.

Ebola and the ongoing global health emergency that no one is noticing

Competition in Africa’s two-wheel ride-hail market is accelerating. Nigerian motorcycle transit startup MAX.ng was the latest startup to add funding, raising a $7 million funding round in June with participation…

Africa Roundup: Yamaha backs MAX, Founders Factory and Norrsken support startups, inside Ethiopia’s tech scene

Nigerian motorcycle transit startup MAX.ng has raised a $7 million funding round led by Novastar Ventures, with participation from Japanese manufacturer Yamaha. Based in Lagos, the company’s app-based platform coordinates…

MAX.ng raises $7M round backed by Yamaha and pilots EVs in Nigeria

Startups in East Africa have a new source for investment and mentorship. Sweden’s Norrsken Foundation — a co-working space and investment fund based in Stockholm — opened its tech fund…

Norrsken opens East Africa startup fund and hub in Kigali

Jumia held its first post-IPO earnings call and weathered a short-sell assault in May, with Wall Street showing confidence in the Pan-African e-commerce company. On the numbers, key takeaways were…

Africa Roundup: Jumia’s post-IPO earnings, Gokada’s $5.3M raise, Facebook’s fake-news purge, Joe Montana’s fintech investment

Jumia may be the first startup you’ve heard of from Africa. But the e-commerce venture that recently listed on the NYSE is definitely not the first or last word in…

Diving deep into Africa’s blossoming tech scene

The African no-fee, cross-border payment startup Chipper Cash has raised a $2.4 million seed round led by Deciens Capital. The payments company also persuaded 500 Startups and Liquid 2 Ventures…

Chipper Cash convinces Joe Montana to invest in African fintech

The biggest news in a month of weighty African headlines was Jumia listing on the New York Stock Exchange. After filing SEC IPO docs in March, the Pan-African e-commerce company’s…

Africa Roundup: Jumia’s IPO, DHL launches Africa e-Shop, Cathay’s $168M VC fund, ConnectMed acquired

Zipline, the San Francisco-based UAV manufacturer and logistics services provider, has launched a program in Ghana today for drone delivery of medical supplies. Working with the Ghanaian government, Zipline will…

Drone delivery startup Zipline launches UAV medical program in Ghana

DHL is launching an e-commerce app called DHL Africa eShop for global retailers to sell goods to Africa’s consumers markets. The platform goes live today and brings more than 200…

DHL launches Africa eShop app for global retailers to sell into Africa

Kenyan communications hardware company BRCK acquired the assets of Nairobi-based internet provider Surf and its U.S. parent EveryLayer in a purchase deal of an undisclosed amount in February. Based in Nairobi, Surf…

Africa Roundup: Kenya’s BRCK acquires EveryLayer, Nigeria’s TeamApt eyes global expansion

Kenyan communications hardware company BRCK has acquired the assets of Nairobi-based internet provider Surf and its U.S. parent EveryLayer in a deal of an undisclosed amount.

BRCK acquires ISPs EveryLayer and Surf to boost Africa’s public Wi-Fi