Techawkng

19/03/2024

Moove, the global that democratises access to vehicle ownership for mobility , has announced that it has raised $100 million in a Series B funding round, valuing the company at $750M. Uber invested in the round alongside Mubadala, who led Moove’s previous funding round in 2023.

Moove, the global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, has announced that it has raised

19/03/2024

Zone, the African infrastructure company, has raised $8.5 million in an oversubscribed seed funding round led by venture capital firms Flourish Ventures and TLcom Capital.

Zone, the African payment infrastructure company, has raised $8.5 million in an oversubscribed seed funding round led by venture capital firm

14/03/2024

Youverify, an AI-driven Anti-Money Laundering (AML) solutions provider, has raised $2.5 million from Elm, a Saudi Arabian digital innovation and solutions company, to simplify AML compliance for businesses and enhance AML risk intelligence across the globe.



https://www.techawkng.com/2024/03/14/youverify-secures-2-5-funding-to-strengthen-anti-money-laundering-compliance/

14/03/2024

The 2024 Irish Tech Challenge has announced the launch of the 2024 Tech Challenge. The launch will take place at Tshimologong Precinct in Braamfontein on the 15th of March 2024 at 10h00.

https://www.techawkng.com/2024/03/14/launch-of-the-2024-irish-tech-challenge-south-africa/

27/02/2024

According to new data released from StarNews Mobile, the African video streaming platform, content creators across Africa experienced a 300% surge in revenues during the 2023 Africa Cup of Nations ( ), reaffirming the massive surge in consumption of hyper-localized content from the continent.

According to new data released from StarNews Mobile, the African video streaming platform, content creators across Africa experienced a 300% surge in revenues during the 2023 Africa Cup of Nations (AFCON)

27/02/2024

MoneyHash, the payment orchestration platform in the Middle East and Africa (MEA), has raised $4.5 million in a seed funding round. The round was co-led by COTU Ventures and Sukna Ventures, with participation from RZM Investment, Dubai Future District Fund, VentureFriends, and a group of strategic investors and operators.

MoneyHash, the payment orchestration platform in the Middle East and Africa (MEA), has raised $4.5 million in a seed funding round. The round

15/12/2023

TUNL, a South African parcel platform, has secured $1 million in pre-seed funding from investors including Founders Factory Africa, Digital Africa Ventures, E4EAfrica, and Jozi Angels.

TUNL, a South African parcel shipping platform, has secured $1 million in pre-seed funding from investors including Founders Factory Africa

15/12/2023

Copia Global, the Kenyan and fintech firm, has announced that it has raised a $20 million Series C extension round. The latest investment came from Enza Capital, Goodwell Investments, the U.S. International Development Finance Corporation (DFC), DEG, Elea, Perivoli Foundation, and Sorenson Impact Foundation.

https://www.techawkng.com/2023/12/13/copia-global-secures-20m-series-c-funding/

15/12/2023

Jumia Group, the platform, will shut down Jumia Food, its digital food delivery arm, at the end of December 2023. Jumia Food will close its offices in seven countries including , , , , , , and .

Jumia, the African ecommerce platform, will shut down Jumia Food, its digital food delivery arm, at the end of December 2023. Jumia Food

15/12/2023

Techstars, an investor platform in Africa, has announced its second cohort of 12 companies to participate in its pan-African program in partnership with Lagos-based innovation program, ARM Labs.

ARM Labs Lagos Techstars Accelerator

Techstars, an investor platform in Africa, has announced its second cohort of 12 companies to participate in its pan-African accelerator

15/12/2023

MAKA, an African fashion and beauty platform, has closed a $2.65 million pre-seed investment led by 4DX Ventures and Janngo.africa.

Maka, an African fashion and beauty e-commerce platform, has closed a $2.65 million pre-seed investment led by 4DX Ventures and Janngo

07/12/2023

Bujeti (YC W23), the , has raised a $2 million seed round led by Y Combinator (YC).

The round was joined by other investors including Entrée Capital, Voltron Capital, UnpopularVC, Kima Ventures, Dropbox Co-founder Arash Ferdowsi, Alan Rutledge, Tristan Walker – Heirloom VC and Abdulhamid Hassan, CEO of Mono.

Founded in 2021 by Cossi Achille Arouko and Samy Chiba, Bujeti is a web and mobile app for issuing smart physical and virtual corporate cards

07/12/2023

Founded in 2021 by Nkiru Amadi-Emina and Ijeoma Akwiwu, Pivo is a financial hub allowing small & medium businesses across Africa access to all the financial services they need. It also offered banking services to small logistics and haulage businesses in Nigeria’s supply chain sector.

Founded in 2021 by Nkiru Amadi-Emina and Ijeoma Akwiwu, Pivo is a financial hub that allows small & medium businesses across Africa access

07/12/2023

mtor, the online auto parts marketplace, has raised a $2.8 million pre-seed round led by Algebra Ventures, with participation from the DFF (Dutch Founders Fund), Aditum Ventures, LoftyInc Capital Management, and several prominent local and global angel investors.

Mtor, the Egyptian online auto parts marketplace, has raised a $2.8 million pre-seed round led by Algebra Ventures, with participation from

05/12/2023

NoOnes, the financial communication super app connecting people of the Global South to the world’s financial systems, has announced its official launch.

NoOnes, the financial communication super app connecting people of the Global South to the world’s financial systems, has announced its

05/12/2023

Amini, a climate tech startup focused on solving Africa’s environmental data gap through artificial intelligence and satellite , has raised $4 million in a seed round.

Amini, a Kenyan climate tech startup focused on solving Africa’s environmental data gap through artificial intelligence and satellite tech

05/12/2023

Bitmama Inc., the blockchain payments platform, has announced the acquisition of Payday, a virtual card service provider. This comes 8 months after Payday’ raised a $3 million seed round led by Moniepoint Group

Bitmama Inc., the blockchain payments platform, has announced the acquisition of Payday, a virtual card service provider. This acquisition

30/11/2023

MEST Africa, a pan-African and training program, seed fund, and incubator, has selected 45 startups to advance to the regional finals of the 2023 MEST Africa Challenge (MAC).

MEST Africa, a pan-African software and entrepreneurship training program, seed fund, and incubator, has selected 45 technology startups

30/11/2023

EchoVC, a seed and early-stage technology venture capital firm, has announced the launch of its EchoVC Eco Pilot Fund I in partnership with Shell Foundation with co-funding through UK Aid from the UK Government.

EchoVC, a seed and early-stage technology venture capital firm, has announced the launch of its EchoVC Eco Pilot Fund I in partnership with

30/11/2023

GoMetro, a South African tech company that operates in the fleet management space, has announced the completion of a £9 million Series A funding round.

GoMetro, a South African tech company that operates in the fleet management space, has announced the completion of a £9 million Series A

31/08/2023

The Embassy of Ireland in South Africa, in partnership with Wits University’s Tshimologong Precinct, the Department of Science and Innovation (DSI), the Innovation Agency (TIA) and Dogpatch Labs Ireland has opened applications to local technopreneurs to enter the Irish Tech Challenge South Africa 2023.

The Embassy of Ireland in South Africa, in partnership with Wits University’s Tshimologong Digital Innovation Precinct, the Department of

31/08/2023

The Embassy of Ireland in South Africa, in partnership with Wits University’s Tshimologong Digital Innovation Precinct, the Department of Science and Innovation (DSI), the Technology Innovation Agency (TIA) and Dogpatch Labs Ireland has opened applications to local technopreneurs to enter the Irish Tech Challenge South Africa 2023.

The Embassy of Ireland in South Africa, in partnership with Wits University’s Tshimologong Digital Innovation Precinct, the Department of

31/08/2023

While it may seem noble to forge your own path, in the business world, statistics show that two heads are indeed better than one.

Natasha Archary, Vice President: Strategic Partnerships at Banking as a Service (BaaS) and embedded finance enabler, Ukheshe, says this

30/08/2023

SeekMake, a construction , has secured $539,000 to support global expansion plans. The came from Lafayette Group, a European private firm.

SeekMake, a Tunisian construction technology startup, has secured $539,000 to support global expansion plans. The funding came from Lafayette

30/08/2023

MEST Africa has launched the 5th edition of the MEST Africa Challenge (MAC) startup pitch competition. The Challenge is targeted at early-stage technology startups in , , , , or seeking to boost traction and growth.

MEST Africa has launched the 5th edition of the MEST Africa Challenge (MAC) startup pitch competition. The Challenge is targeted at early

19/08/2023

It is hard to imagine life without smartphones. These versatile devices have become an indispensable part of our daily routine, often replacing many of our traditional gadgets.

It is hard to imagine life without smartphones. These versatile devices have become an indispensable part of our daily routine, often

17/08/2023

Ukheshe, a Banking as a Service (BaaS) and embedded enabler, has partnered with Diamond Trust Bank (DTB) to provide an innovative BaaS platform in East Africa.

Ukheshe, a Banking as a Service (BaaS) and embedded finance enabler, has partnered with Diamond Trust Bank (DTB) to provide an innovative

14/08/2023

Founders Factory Africa has secured an additional $114 million in funding to scale its model to better serve founders across the African tech ecosystem.

The additional support from the Mastercard Foundation and & Johnson Impact Ventures, an impact fund within the Johnson & Johnson Foundation, follows on from previous investments into Founders Factory Africa by Standard Bank, Small Foundation and Netcare.

Founders Factory Africa has secured an additional $114 million in funding to scale its model to better serve founders across the African tech

14/08/2023

AFEX, the African commodities market player, hosted its fourth annual ag-hackathon, Code Cash Crop 4.0, aimed at harnessing the intersection of technology, finance, and agriculture to create a platform for young tech enthusiasts to develop viable solutions.

AFEX, the African commodities market player, hosted its fourth annual ag-hackathon, Code Cash Crop 4.0, aimed at harnessing the intersection