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IROKO co-founder Bastian Gotter raises $3.2M seed for new venture, Bamba

In 2010, Bastian Gotter invested up to $200,000 into IROKOtv, an African video-on-demand company Jason Njoku, his friend and co-founder, launched in...

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CarePoint raises $10M to spread healthcare tech across Africa

CarePoint (formerly known as Africa Health Holdings) is setting up telemedicine centers and building “micro-tech-enabled-clinics” targeting the...

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Nigeria’s Topship raises $2.5M from Flexport and YC to help merchants with international shipping

African merchants encounter many challenges when it comes to international shipping ranging from logistics and customs to hidden and excessive...

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Twiga starts commercial farming, looking to guarantee quality, sustain supply

Twiga said it has begun producing horticultural produce on its 650-hectare (1,606 acres) land, with an estimated output of 150,000 tons of fresh...

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How close are we to understanding what’s going on?

The end of iPod, a time to reflect on technology trends, and #justdownturnthings.

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Daily Crunch: Key Twitter executives depart following Elon Musk ownership deal

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

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TopUp Mama looking to solve sourcing challenges for restaurants

Stock-outs, unpredictable prices of farm produce and a lack of working capital are among the challenges that plague small restaurants and food...

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Interswitch receives $110M investment from LeapFrog and Tana Africa Capital

African payments company Interswitch has secured a $110 million joint investment from LeapFrog Investments and Tana Africa Capital to scale its...

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MARA raises $23M from Coinbase Ventures and FTX to build Africa’s portal to the crypto economy

The use of cryptocurrency in sub-Saharan Africa, particularly among its young people, cannot be overstated. Data from blockchain intelligence firm...

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Identitypass, an identity verification API for Africa, raises $2.8M seed funding

Identitypass plans to expand its existing infrastructure, roll out new verticals around compliance, security and data collection, and push into new...

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Egypt’s Mylerz raises $9.6M for its e-commerce fulfillment service, eyes Africa-wide growth

Samer Gharaibeh, an ex-Aramex executive who left the international logistics firm after 23 years, founded Mylerz in 2019 to tap the growing...

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Meta sued in Kenya over claims of exploitation and union busting

A suit was earlier today filed against American social-media giant Meta and Sama, its main subcontractor for content moderation in Africa, over...

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Daily Crunch: PayPal Ventures leads $50M Series B for Egyptian fintech Paymob

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Uber seeks to resolve dispute with Kenyan drivers out of court

Uber said it was “improper” for its partners to seek legal redress without going through the already-established dispute-resolution mechanisms.

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Manara gets $3M to grow tech talent pool in the Middle East and North Africa

Manara trains software engineers for fee, recoups investment after they are employed.

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Egyptian fintech Paymob raises $50M led by PayPal Ventures and Kora Capital

Egyptian fintech Paymob, which enables merchants to accept digital payments online and in-store, announced today it has raised $50 million in Series...

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Rali_cap gets backing from global VCs and launches $30M fintech fund for emerging markets

Rali_cap, an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. Last month, the firm, formerly...

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“Desist from facilitating trade in crypto assets” Uganda warns banks, fintechs

BoU says it has not licensed any payment operator or provider to sell or facilitate trade using crypto.

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Daily Crunch: European startup studio eFounders unveils its next-generation CRM tool

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Norebase raises $1M to allow companies start, scale, and operate in any African country

Norebase allows founders and businesses to start and scale across a number of African countries.

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Pangea to unlock diaspora inflows as funding source for African startups

Pangea is unlocking diaspora remittance inflows as a source of funding for startups in Africa.

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After ultracharged growth, battery maker EcoFlow comes for the glampers

In recent years, episodes of extreme climate crises and power outrages have driven doomsday preppers to plan for off-the-grid survival scenarios. The...

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Mass transit group Swvl confirms estimated $100M acquisition of UK start-up Zeelo

Mass transit group Swvl has confirmed to TechCrunch its deal to buy UK start-up Zeelo, estimated to be a $100 million acquisition, according to...

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Daily Crunch: US dangles reward up to $10M for info on 6 elite Russian military hackers

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Sun King raises $260M to widen clean energy access in Africa, Asia

Sun King has sold its products in over 40 countries including Kenya, Zambia, Uganda, Tanzania and Nigeria.

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Meta disputes allegations of poor work conditions at its contractor’s hub in Kenya

A few weeks ago, a law firm threatened to sue American social-media giant Meta and its main subcontractor for content moderation in Africa, Sama,...

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Ghanaian agtech Farmerline to use new funding to strengthen its infrastructure, help farmers create wealth

Ghanaian-based Agtech Farmerline has raised $12.9 million in equity-debt pre-Series A round to help farmers access quality supplies.

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Daily Crunch: Twitter board OKs Musk’s $44B buyout, describes sale as ‘best path forward’

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