These 9 African startups made it into YC's Summer 21 Batch
YC has announced its Summer 21 batch of startups, of which 9 are African startups.
African startup
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Egyptian eCommerce startup, MaxAB, closes $40M Series A to fuel expansion
MaxAB, the largest Egyptian B2B e-commerce platform that serves food and grocery retailers, has secured $40M in a Series A round, led by RMBV, a prominent impact investor in North Africa.
Meet the 15 Startups that made it to 6th Google Startup Accelerator
The 15-list cohort brings the total number of startups that have being a part of Google's Startup Accelerator program to 82.
UK Nigeria TechHub announces the graduation of 10 startups from the iNOVO Accelerator Programme
The top 10 startups across EdTech, AgriTech and HealthTech also received an opportunity to validate their solutions with pilots and proof of concept engagements and use their newfound insights to rapidly pivot and scale
What to make of Silicon Valley's interest in African startups
Silicon valley has been showing increasing interest in the African startup ecosystem. They now provide funding, collaboration, incubation and partnerships for African startups. What are the drivers behind this and what does it mean for the ecosystem?
Why African startups may soon move to Estonia
Estonia is providing a favorable regulatory environment, financing and support system for startups to thrive. African founders may soon be moving to Estonia due to these favorable conditions.
New CBN regulations require fintechs to pay $5million into escrow account
Yesterday, the CBN introduced yet another set of sweeping new regulations for Fintech license holders. The most prominent change is a new Escrow account created for Fintechs to deposit certain stipulated sums of money.