Toyota Tsusho Corporation
Kenyan logistics startup Sendy cuts 10% of its workforce
Kenyan logistics startup Sendy has laid off 10% of its 300-strong workforce, or 30 employees, according to pan-African news publication TechCabal. This is the latest public layoff news from Africa ov
Nigeria’s Etap gets $1.5M pre-seed to make buying car insurance easier
Only 21% of the 12 million registered vehicles on Nigerian roads have genuine motor insurance, as the rest either have fake certificates (owners are mostly unaware) or are not covered at all. This rep
Naspers co-leads $14.5M extension round in mobility startup WhereIsMyTransport
Many people in emerging markets depend on informal public transport to move across cities. But while there are ride-hailing and bus-hailing applications in some of these cities, there’s a dire n
Japanese VC Samurai Incubate closes $18.6M fund for African startups
Samurai Incubate, a Tokyo-based venture capital firm, announced today it has closed its “Samurai Africa 2nd General Partnership” fund, totalling 2.026 billion yen (~$18.6 million). Accordi
Google, Toyota Tsusho invest in WhereIsMyTransport to map transport in emerging cities
In emerging markets, up to 80% of the population may have to rely on informally-run public transport to get around. Literally, privately-run buses and cars. But journey-planning apps that work well fo
Africa Roundup: Trump’s Nigeria ban, Paga’s acquisition and raises, Flutterwave’s $35M and Sendy’s $20M
The first month of the new year saw Africa enter the fray of U.S. politics. The Trump administration announced last week it would halt immigration from Nigeria — Africa’s most populous nation with