Funding Report Briefs 2019
Kenyan Startups Raised a Record US$187.4M in 2019 Over 41 Disclosed Deals
Women Entrepreneur
This 20-Year-Old Kenyan Entrepreneur is Building an Organic Cosmetic Premium Brand While Pursuing a Law Degree
Funding
Africa Focussed Mini-Grid Provider PowerGen Secures Series B Investment Led by Shell New Energies
November 5, 2019PowerGen Renewable Energy, a leader in micro-utilities in Africa – managing mini-grids and providing customer support...
Mergers and Acquisitions
Nigerian Digital Payment Firm Interswitch Acquires HealthTech Company eClat
November 5, 2019Interswitch Limited, has announced the acquisition of eClat Healthcare Limited, a Nigeria-based health technology company that...
Funding Report Briefs 2019
The US$10M Club: African Startups That Have Raised More than US$10M in 2019
November 4, 2019Raising US$1 million for African startups is now becoming the norm rather than the exception. More...
Funding
Kenyan Startup Sendy Raises US$2M From Goodwell Investments, Reports US$1.5M in Revenue
October 29, 2019Sendy, an on-demand delivery platform in Kenya has raised US$2 million from Goodwell Investments. The money...
Funding
Twiga Foods Raises US$30M Funding Led By Goldman Sachs, Plans Pan-African Expansion
October 28, 2019Kenya’s B2B food distribution platform Twiga Foods has raised US$30 million from several investors led by Goldman...
Opinion
SoftBank’s Sum Investment on WeWork is ‘6 Times’ the Total African Startup Funding Since 2016
October 26, 2019Earlier this week, the founder of WeWork, an American company that provides shared workspaces for technology...
Funding
21-year old Congolese Entrepreneur Yannick Kimanuka Wins US$25,000 Anzisha Prize 2019
October 25, 2019Yannick Kimanuka, a 21-year old young entrepreneur from Congo has been awarded the 2019 Anzisha Prize...
Funding
In Brief: AZA, Formerly BitPesa Raises US$15M From Development Bank of Southern Africa (DBSA)
October 22, 2019AZA, an established provider of currency trading solutions, formerly known as BitPesa has secured US$15 million...
Compesation & Salary
The Average Pay For an African Startup CEO is US$30,000
October 22, 2019Timon Capital, a venture capital firm based in Nigeria and Briter Bridges a data-driven research firm...
Give It A Shot
African Startups Invited to Apply for the US$22,000 Prize AFD Digital Challenge
October 21, 2019African startups have been invited to apply for the French Agency for Development digital challenge on...
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...
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...
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
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...
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
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...
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
Must Read
