StartupNews Africa
News on the companies, capital and people shaping African technology, in publication order.
Showing 181–186 of 186 articles
M&A
Peleza, the Kenyan identity management startup has merged with YC-backed Prembly. The outcome of this merger is a new business entity known as the Prembly Group. The move follows a long period of collaboration between the two partners during which they realized that a permanent merger would enable cost-saving and enhance revenue growth from joint
Funding
Connect Money Secures Funding For Northern African Expansion
Startups
Agricultural data analytics startup, Gro Intelligence has reportedly decided to shut down its operations in the United States of America. This comes on the heels of its difficulty of securing sufficient capital to stay in business. The company is also under investigation by the United States Securities and Exchange Commission (SEC) reportedly over fraud. AgFunderNews
Funding
Moroccan Agri-Tech Company Receives $7 Million Pre-series A For Transparent and Sustainable Food Supply YoLa Fresh, an innovative Moroccan agri-tech startup has taken giant strides towards accelerating its expansion in its home base. It has successfully raised up to $7 million in a pre-Series A funding round to fuel its expansion. This $7 million pre-Series
Funding
In a strategic partnership with ALX Africa, the Patoranking Foundation has launched its $500,000 (approx. NGN700 million) tech scholarship initiative which aims to provide 40 young tech-passionate Africans with access to a variety of technology programs in data analytics, cloud computing, and Salesforce administration. The foundation has invested over $1 million (approx. NGN1.4 billion) in
FinTech
One month after court order to recover $24 million, FinTech company, Flutterwave suffers another security breach
