Startups

M-KOPA turns its first-ever profit as revenue surges 66% to $416m

After over a decade of investment and expansion across Africa, M-KOPA has finally turned a profit. The Nairobi-based asset-financing startup…

1 day ago

This Nigerian startup wants your DNA to rewrite global medicine

Africa makes up less than 3% of global genome sequencing, a laboratory procedure to determine the entire genetic makeup of…

2 days ago

7 African startups transforming learning, labour, lifestyles, and local trade

7 African startups reinventing healthcare, employee management, e-commerce, and education Startups On Our Radar spotlights African startups solving African challenges…

5 days ago

Mali’s OKO raises fresh capital to protect Africa’s farmers from climate shocks

OKO, a Malian climate and agritech startup that provides climate insurance for African farmers, has raised an undisclosed funding round…

6 days ago

Neibar, the app fostering gifting of pre-owned items in African communities

In many parts of Africa, where hand-me-downs and second-hand markets dominate the cyclic ownership of goods, people still discard items…

6 days ago

Koolboks wants to be more than a freezer: Day 1-1000 of Koolboks

For most people in Sub-Saharan Africa, electricity is unstable at best, nonexistent at worst. This leads to a variety of…

1 week ago

7 African startups powering credit, crypto, creators, and capital

Startups On Our Radar spotlights African startups solving African challenges with innovation. In our previous edition , we featured 7…

1 week ago

Nearly one million Nigerian retail shops are invisible to big brands; Lengo wants to fix that

In crowded Lagos neighbourhoods, small shops stocked with soft drinks, instant noodles, and toiletries are where most Nigerians shop. But…

2 weeks ago

Clarrio.ai is betting that your data can predict your next health crisis before it strikes

Reliable health data remains scarce in many African countries, leaving doctors to make treatment decisions with only fragments of the…

2 weeks ago

Google taps Nigeria’s Infinity Health Africa for first AI for GovTech accelerator

Infinity Health Africa, a Nigerian regulatory technology and market access company, has been selected for the inaugural Google for Startups…

2 weeks ago

Kenya’s Ilara Health cuts staff as funding crunch forces restructuring

Ilara Health, a Kenya-based healthtech company that helps primary care clinics deliver better healthcare, is restructuring its operations and laying…

2 weeks ago

Banking on phone loans, Kenya’s Watu targets $340 million revenue in 2025

Watu, a Kenyan buy-now-pay-later startup, is targeting revenues of KES 44 billion ($340 million) in 2025 as it pivots towards…

2 weeks ago

Why Fincra is teaming up with Reap to speed up Africa–Asia transactions

Fincra, a payments infrastructure provider for businesses in and beyond Africa, has partnered with Reap, a global stablecoin-enabled infrastructure provider,…

2 weeks ago

7 African startups reimagining fintech, freight, and forex trading

Startups On Our Radar spotlights African startups solving African challenges with innovation. In our previous edition , we featured 5…

3 weeks ago

AgoraVisa believes not enough African top talent is immigrating

Each year, the U.S. issues approximately 140,000 employment-based immigrant visas, mostly for professionals and entrepreneurs who can build companies, advance…

3 weeks ago

Correction: 5 startups rethinking money, mobility, music, and more

Startups On Our Radar spotlights African startups solving African challenges with innovation. In our previous edition , we featured 7…

3 weeks ago

5 startups rethinking money, mobility, music, and more

Startups On Our Radar spotlights African startups solving African challenges with innovation. In our previous edition , we featured 7…

4 weeks ago

Alami Capital’s LaunchPad targets funding gap for African women-led startups

Alami Capital, an investment firm that connects entrepreneurs with capital and delivers projects, has unveiled The LaunchPad, a venture-building platform…

4 weeks ago

SefRel Shop’s mission to make it a thing of pride to ‘buy Nigerian’

In 2024, Nigerians imported ₦60.59 trillion (~$40 billion) worth of goods according to the National Bureau of Statistics (NBS). Manufactured…

4 weeks ago

Zimbabwean ChatCash enters the ‘conversational commerce’ chat

In Harare’s informal markets, business happens in social media chatboxes. A grocery vendor takes orders over WhatsApp, a carpenter closes…

1 month ago