Nigeria: Palmpay Launches in Nigeria On $40m Round Led By China's Transsion

Africa focused payment startup PalmPay has launched in Nigeria after raising a $40 million seed-round led by Chinese mobile-phone maker Transsion. 

Nigeria: Chaka Opens Up Global Investing to Africa's Most Populous Nation

Fintech startup Chaka aims to open up online investingd to Africa's most populous nation, Nigeria. Read more »

Africa: African Logistics Startup Lori Systems Raises Series a Led By Chinese Investors

African on-demand trucking logistics company Lori Systems has raised a Series A round led by Chinese investors Hillhouse Capital and Crystal Stream Capital. Read more »

Nigeria: Solar-Based ISP Startup Tizeti Launches 4G LTE Network in Nigeria

Nigerian internet service provider Tizeti has launched its first 4G LTE network. Read more »

Senegal: Senegal's Nima Codes to Launch Address App in 15 African Countries

Senegalese startup NIMA Codes - a digital mapping service for locations without formal addresses - has upgraded its app and plans to go live in 15 African countries in 2020. Read more »

Africa: Bosun Tijani Talks Strategy As CEO of Africa's New Largest Tech Hub

With CcHub's acquisition of iHub in September, Nigerian Bosun Tijani is at the helm of (arguably) the largest tech network in Africa. Read more »

Africa: Kenya's Twiga Foods Eyes West Africa After U.S.$30 Million Raise Led By Goldman

Kenya's Twiga Foods has raised a total of $30 million from lenders and investors led by Goldman Sachs. Read more »

Africa: Revisiting Jumia's Jforce Scandal and Citron's Short-Sell Claims

In advance of Jumia's November financial reporting, it's worth revisiting the company's second-quarter results, the downside of which included some negative news beyond losses. Read more »

South Africa: Naspers Foundry Is Open for South African Startup Pitches, CEO Says

Naspers' 1.4 billion rand (≈$100 million) VC fund to support South African startups - Naspers Foundry - is accepting pitches, after making its first investment in online… Read more »

Kenya: Kenyan Telco Safaricom's Alpha Incubator Faces Uncertain Future

Safaricom's Nairobi based Alpha innovation incubator may have an uncertain future, according to sources. Read more »

Nigeria: Nigeria's #StopRobbingUs Campaign Could Spur Tech Advocacy Group, CEOs Say

Nigeria's #StopRobbingUs campaign to curb police harassment of techies could grow into a formal lobbying group for the country's tech sector, according to founders Bosun Tijani and… Read more »

Africa: The Station - a New Self-Driving Car Startup, Inside Tesla's V10 Software, Lilium's Big Round

If you haven't heard, TechCrunch has officially launched a weekly newsletter dedicated to all the ways people and goods move from Point A to Point B -- today and in the future --… Read more »

Nigeria: Sahara Reporters Founder Sowore Remains Detained in Nigeria

The founder of African investigative digital media site Sahara Reporters Omoyele Sowore remains detained in Nigeria on charges including treason, his wife Opeyemi Sowore Told… Read more »

Africa: Africa E-Tailer Jumia's Shares Fall 4 Percent Day After IPO Lockup Expiration

Shares of Africa-focused e-commerce company Jumia dropped 4% the day after the lockup period expired for its April IPO on the New York Stock Exchange. Read more »

Africa: Africa's Top Mobile Phone Seller Transsion Lists in Chinese IPO

Chinese mobile-phone and device maker Transsion has listed in an IPO on Shanghai's STAR Market, a Transsion spokesperson confirmed to TechCrunch. Read more »

Africa: Nigeria's CChub Acquires Kenya's Ihub to Create Mega Africa Incubator

Two of Africa's powerhouse tech incubators will join forces. Nigerian innovation center and seed-fund CcHub has acquired Nairobi based iHub -- CcHub CEO Bosun Tijani confirmed to… Read more »

Africa: Manufacturing App Platform Tulip Raises a U.S.$39.5 Million Series B

Back in 2017, Tulip raised a $13 million Series A, with help from NEA, Pitango Venture Capital and a handful of investors who were already on board for its seed round. Now the… Read more »

Africa: Hear About Investing in African Tech At Disrupt Sf With Marieme Diop, Wale Ayeni and Sheel Mohnot

If you're a VC or founder in London, Bangalore or San Francisco, you'll likely interact with some part of Africa's tech landscape for the first time -- or more -- in the near… Read more »

Africa: Andela Cuts 400 Staff As It Confirms U.S.$50 Million in Revenue

Africa focused tech talent accelerator Andela will cut 400 junior engineers across Kenya, Uganda, and Nigeria, CEO Jeremy Johnson told TechCrunch. Read more »

Nigeria: Nigerian Online-Only Bank Startup Kuda Raises $1.6m

Nigerian fintech startup Kuda -- a digital-only retail bank -- has raised $1.6 million in pre-seed funding. Read more »

Nigeria: SF-Based African Fintech Startup Chipper Cash Expands to Nigeria

The African no-fee, cross-border payment startup Chipper Cash has expanded to Nigeria. Read more »

Africa: Accion Venture Lab Launches U.S.$23 Million Inclusive Fintech Startup Fund

Accion Venture Lab--the seed-stage investment arm of non-profit Accion--has raised $23 million for a new inclusive fintech startup fund. Read more »

Africa: Africa Roundup - Goldman Backs Kobo360, Rwanda Commits to Evs, Interswitch IPO Update

Nigerian freight logistics startup Kobo360 raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. Read more »

Nigeria: Update On Nigerian Fintech Firm Interswitch and Its Speculative IPO

Nigerian fintech firm Interswitch has been circulating in business news around a possible IPO on the London Stock Exchange. Read more »

Rwanda: Rwanda to Phase Out Gas Motorcycle-Taxis for E-Motos

The government of Rwanda will soon issue national policy-guidelines to eliminate gas motorcycles in its taxi sector in favor of e-motos. Read more »