The Startups Chronicle

The Startups Chronicle

Your go-to weekly guide to Africa’s startup ecosystem 🌍, trusted by 4,028+ founders, investors, and tech professionals. 🚀

I consent to receive newsletters via email. Terms of use and Privacy policy.

Connect

Featured Posts

The Startups ChronicleThe Startups Chronicle
📉 Big 5 Economies dominate with 85% of Africa's funding! 💰️

📉 Big 5 Economies dominate with 85% of Africa's funding! 💰️

Yellowcard licensed in SA | Amenli raises $2.3M | Andela 🤝 CNCF Deal | Shyft Power acquired by SteamCo

Gitonga Mwaura
Gitonga Mwaura
The Startups ChronicleThe Startups Chronicle
🤝 Partnership Szn 🤝

🤝 Partnership Szn 🤝

PalmPay 🤝 Jumia | Moove 🤝 Waymo | SunCulture 🤝 Turaco

Gitonga Mwaura
Gitonga Mwaura
The Startups ChronicleThe Startups Chronicle
💰️ Money Bags Season!💰️

💰️ Money Bags Season!💰️

Rabbit Mobility 💰️ EarthBond 💰️ Klasha 💰️ IHS Raise Funding

Gitonga Mwaura
Gitonga Mwaura
The Startups ChronicleThe Startups Chronicle
🦄 Unicorn Moniepoint🦄

🦄 Unicorn Moniepoint🦄

Introducing the newest Unicorn in town; Moniepoint 🦄 !!

Gitonga Mwaura
Gitonga Mwaura
The Startups ChronicleThe Startups Chronicle
Stress & Burnout Impact 86% of African Founders 😓

Stress & Burnout Impact 86% of African Founders 😓

Bamboo, Africhange get licenses | MTN raises $45M | Efreshli raises seed round

Gitonga Mwaura
Gitonga Mwaura
The Startups ChronicleThe Startups Chronicle
Back Like We Never Left! July 2024 Roundup! 🚀📅

Back Like We Never Left! July 2024 Roundup! 🚀📅

💼💰 Raises, Acquisitions and More Big Player Moves 🛑🔒

Gitonga Mwaura
Gitonga Mwaura

Archive

The Startups ChronicleThe Startups Chronicle
🔴 Nedbank acquires iKhokha for $94M

🔴 Nedbank acquires iKhokha for $94M

💰 Nedbank acquires iKhokha for $94M | 💳️ Street Wallet raises $350K | 🌍 Craydel enters Burundi and Tanzania |

Gitonga Mwaura
Gitonga Mwaura
The Startups ChronicleThe Startups Chronicle
🍯 HoneyCoin Hits $4.9M | 🛵 Chowdeck Scales with $9M Series A | Gozem’s $30M Bet 🚛

🍯 HoneyCoin Hits $4.9M | 🛵 Chowdeck Scales with $9M Series A | Gozem’s $30M Bet 🚛

Africa’s startups aren’t just raising capital — they’re building rails, owning distribution, and gunning for super app dominance.

Gitonga Mwaura
Gitonga Mwaura
The Startups ChronicleThe Startups Chronicle
$2M+ for Suplyd & Flood, and Chowdeck’s Ghana Surge 🚀

$2M+ for Suplyd & Flood, and Chowdeck’s Ghana Surge 🚀

💰️ Suplyd raises $2M pre-Series A | 💸 Flood raises $2.5M | 🛵 Chowdeck hits 1,000 daily orders in Ghana | 🏦 Peach Payments partners with MoneyBadger |

Gitonga Mwaura
Gitonga Mwaura
The Startups ChronicleThe Startups Chronicle
💰 Sun King's $156M record.

💰 Sun King's $156M record.

💰 Sun King closes a record $156M | Lipa Later’s $5M rescue bid 🪦 | 🎙️ Meta acquires voice AI startup PlayAI | Egypt’s Flend raises $3M |

Gitonga Mwaura
Gitonga Mwaura
The Startups ChronicleThe Startups Chronicle
🔴 54 Collective shut down!

🔴 54 Collective shut down!

👀 Copia’s founders are back | ⚖️ M-KOPA faces lawsuit | 💰 ORA raises $7.5M Series A | 🔴 54 Collective shut down |

Gitonga Mwaura
Gitonga Mwaura
The Startups ChronicleThe Startups Chronicle
Is Lipa Later Back?

Is Lipa Later Back?

💰️ Engage Capital bids $24.5M for Lipa Later | 💸 Village Capital launches $4M Fund | 🛣️ Leta expands to Ghana | 🏦 Stitch acquires Efficacy |

Gitonga Mwaura
Gitonga Mwaura
The Startups ChronicleThe Startups Chronicle
🪦 R.I.P. Okra

🪦 R.I.P. Okra

Okra shuts down 🪦 | Cerebrium raises $8.5M 💰 | 🌾 Complete Farmer raises $2.5M | 🚌BuuPass gets Yango Ventures |

Gitonga Mwaura
Gitonga Mwaura
The Startups ChronicleThe Startups Chronicle
Wave Secures $137M 💰💰

Wave Secures $137M 💰💰

Wave secures $137M in debt 💰 | 🍽 Chowdeck acquires Mira | Lesaka buys Bank Zero 🏦 | Liquify raises $1.5M 💰 | Sabi Lays off 20% | PaidHR raises $1.8M 💰 |

Gitonga Mwaura
Gitonga Mwaura
The Startups ChronicleThe Startups Chronicle
Wetility raises $27.8M ⚠️💰

Wetility raises $27.8M ⚠️💰

Wetility raises $27.8M 💰 | 🚚 Octane raises $5.2M | Chpter x Flutterwave Deal | 🚕 MyNextCar lands $10M |

Gitonga Mwaura
Gitonga Mwaura
The Startups ChronicleThe Startups Chronicle
On the Moove to Unicorn status

On the Moove to Unicorn status

Moove eyes $1B+ valuation | KERA raises $10M from IFC | Zero Carbon Charge raises $5.6M | Nile secures $11.3M |

Gitonga Mwaura
Gitonga Mwaura
The Startups ChronicleThe Startups Chronicle
Twiga halts Operations ⚠️

Twiga halts Operations ⚠️

Twiga halts Operations ⚠️ | 💳 PalmPay in talks to raise $100M Series B | Salpha Energy raises $1.3M 💰 | MoniePoint Enters Kenya |

Gitonga Mwaura
Gitonga Mwaura
The Startups ChronicleThe Startups Chronicle
Cutstruct raises $1.5 💰

Cutstruct raises $1.5 💰

Cutstruct raises $1.5M 💰 | COREangels unveils 10M Fund 💰 | Fincra gets SA payments license 💳 |

Gitonga Mwaura
Gitonga Mwaura
FirstBack
1234567
Next Last