News

Itana (fka Talent City) raises $2M pre-seed to build Africa’s first digital free zone

Itana, formerly known as Talent City, has secured $2 million from LocalGlobe, Pronomos Capital, and Future Africa, to build what it describes as “Africa’s first digital free zone”.

Catalyst Fund announces first close of $40M cleantech fund for African startups

Catalyst Fund has closed the first round of its $40 million venture capital fund and accelerator. The fund will be invested into African cleantech startups.

Kotani Pay secures $2M pre-seed to drive offline cross-border crypto payments in Africa

Nairobi-based crypto-fintech startup, Kotani Pay has secured $2 million pre-seed in a funding led by P1 Ventures, to drive offline cross-border crypto payments in Africa.

₿trust acquires Qala, an African Bitcoin developer trainer

Jack Dorsey and Jay Z-funded ₿trust has acquired Qala, an African Bitcoin developer trainer in an undisclosed deal. Qala is co-founded by four Bitcoin experts including two ₿trust board members.

Okra Solar raises $12M to power mesh-grid electrification in Africa

Cleantech startup, Okra Solar has raised a $12 million Series A to enable mesh-grid electrification in Africa.

Uber launches electric bikes in Kenya, its first in Africa

As part of its efforts to be a zero-emission company by 2040, Uber has rolled out electric bikes in Kenya, its first in Africa.

Ugandan mobility fintech, Asaak acquires FlexClub, expands to Latin America

Asaak has acquired FlexClub Mexico, as part of its expansion into Latin America. The undisclosed acquisition does not include FlexClub South Africa.