Funding Report Briefs 2019
The US$10M Club: African Startups That Have Raised More than US$10M in 2019
Funding
Egyptian B2B Marketplace MaxAB Closes Landmark US$6.2 Million Seed Round
September 26, 2019MaxAB, an Egyptian B2B e-commerce marketplace that connects informal food and grocery retailers with suppliers via...
Give It A Shot
Facebook Invites African Startups to Apply for its London Accelerator Programme
September 25, 2019Facebook is inviting applications for the third edition of its London accelerator programme, which is open for...
Africa's Latest
AWARD, Agropolis Inaugurates First cohort of One Planet Fellowship, a US$19.2M Initiative for Agri-Scientists in Africa, Europe
September 25, 2019AWARD, Agropolis Inaugurates First cohort of One Planet Fellowship, a US$19.2M Initiative for Agri-Scientists in Africa,...
Funding
In Brief: Algerian Ride-hailing Startup TemTem Secures US$4M in Series A Round
September 25, 2019TemTem, a ride-hailing Startup based in Algeria has raised US$4 million in a Series A round....
Expansion
Nigerian AgriTech Farmcrowdy Launches New Investment Platform Crowdyvest
September 25, 2019Nigerian Agritech Farmcrowdy has launched an investment platform called Crowdyvest. The platform follows the consolidation of Farmcrowdy’s...
Economy
Kenya to Build US$147M Solar Utility Plant
September 24, 2019The European Investment Bank and FMO, the Dutch entrepreneurial development bank, have agreed to finance the...
Africa's Latest
Andela, Backed by Over US$181M in VC Lays Off Over 400 Staff Across Africa
September 17, 2019Tech talent startup, Andela has announced plans to lay off over 400 staff across Kenya, Uganda, and...
Funding
In Brief: Paris-based Startup FairMoney Raises US$11.05M to Spur its Digital Bank Platform in Nigeria
September 16, 2019FairMoney, a FinTech startup based in Paris and operates in Nigeria, raises US$11.05 million from Flourish...
Give It A Shot
Women Tech-prenuers in Kenya Invited to Apply For US$10,000 Standard Chartered Bank Incubator
September 16, 2019Standard Chartered Bank and Strathmore University’s iBizAfrica, have partnered to create the Standard Chartered Women in...
Funding
Omidyar’s Luminate Invests US$1M in Kenya Media Lab to Support Press Independence.
September 13, 2019Luminate, a global philanthropic organization which is part of the Omidyar Group, will invest US$1m in...
Africa's Latest
MoSound Founder, Kevin Mulei Launches Kenya’s Hot New Hit Radio Station
March 12, 2018Kevin Mulei, the Founder of M0Sound, an event planning, production, and management company based in Kenya...
Inspired
11 Kenyan Women Entrepreneurs Making Inspiring Waves across Africa
June 8, 2019With the growth of the Kenyan entrepreneurial ecosystem, so has been the rise of female-owned businesses...
Innovation
The 10 Hottest Kenyan Startups to Watch in 2018
December 11, 2017Founder360° Magazine spoke to some of founders and players in the startup ecosystem in identifying the...
Starting Up
11 Best Coworking Spaces in Nairobi Entrepreneurs Can Work From
October 25, 2018A coworking space provides flexible payments options with no need for signing any kind of leases...
Starting Up
3 Reasons Why the Car Wash Business in Kenya is Thriving
May 1, 2019As many people in Kenya are venturing into entrepreneurship, the one business that has caught the...
Leadership
10 Books Every Aspiring African Entrepreneur Should Read in 2018
October 21, 2018In today’s world, the ability to create time and learn constantly is one attribute successful entrepreneurs...
Innovation
7 Agri-Tech Startups Disrupting Small-scale Farming in Kenya
May 23, 2018Kenya is home to approximately 50 million people with the population expected to reach more than...
Innovation
This Entrepreneur Left His Bank Job and Built One of the Most Successful Fintech Products in Africa
January 19, 2018When Kariuki Gathitu finished his “O” levels exams, his aspiration was to study in the United...
Startups
These are the 9 Top Most Funded Startups in Kenya
March 26, 2018According to a report by Wee Tracker on African Startup Funding 2017, Kenya was ranked second...
Innovation
11 Innovative Kenyan Startups to Watch in 2019
January 19, 2019Every start of the year we seek to highlight some of the trailblazing startups making disruption...
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Funding
Egyptian B2B Marketplace MaxAB Closes Landmark US$6.2 Million Seed Round
September 26, 2019MaxAB, an Egyptian B2B e-commerce marketplace that connects informal food and grocery retailers with suppliers via...
Money
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