Tag: Startup News

NBA Africa Launches Triple-Double Startup Accelerator Program for Early-Stage African Businesses

Renda, a Nigerian logistics startup tackling order fulfilment challenges, has secured $1.9 million in pre-seed funding.

Kenyan agri-tech startup Farm to Feed has secured funding from Renew Capital, a pan-African investment firm, to help them scale their operations. The exact amount of funding was not disclosed.

Chowdeck, a fast-growing Nigerian on-demand delivery service, has secured $2.5 million in seed funding to fuel its expansion plans within the country.

Egyptian group-buying startup Waffarha has secured a seven-figure seed round to fuel its growth plans.

Kubik, an Ethiopian innovator in plastic upcycling for construction, has secured an additional $1.9 million in seed funding.

Madica, an African-focused investment program targeting early-stage startups, revealed its inaugural investments in three promising companies: Kola Market (Ghana), GoBEBA (Kenya), and NewForm Foods (South Africa).

South African tech education provider HyperionDev announced securing R95 million (approximately $5 million) in a new funding round. This latest investment brings the company’s total growth capital to R595 million ($31.1 million).

Bokra, an Egyptian fintech company, has successfully closed a pre-seed funding round of $4.6 million.