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Startup tracker, Africa: The Big Deal’s figures show that since 2019, west African startups have hauled in $4.2 billion, representing 41% of the total funds logged in Africa in that period.

The World Bank has appointed Victoria Kwakwa, as the new World Bank Vice President for Eastern and Southern Africa, effective July 1st, 2022.

Apollo, a Kenyan agritech startup, has raised $40 million in a Series B funding round headed by Softbank Vision Fund 2 in an equity transaction.

Following a recent $1.50 million investment, Kenyan insurtech, mTek, has secured an additional investment commitment from African-focused fintech platform, Finclusion Group, to-date totaling $3 million – through both debt and equity.

When new technological innovations are used to solve the world’s most important problems, it is very fascinating to see how quickly and how much they can change the way things work in the world.

XENO Corporation, a Ugandan fintech startup, has raised $2 million in seed funding Led by Beyond Capital Ventures.

Egyptian fintech startup Lucky has secured final approval from the Central Bank of Egypt (CBE) to launch the “Lucky One” card for all its customers.

Kenyan insurtech startup mTek has secured US$3 million in funding from the Mauritius-based Finclusion Group to help it expand across the East Africa region.

While Africa’s health systems are still reeling from the effects of the COVID pandemic, the adoption of digital health services has been revved up in some countries. Telemedicine witnessed massive adoption during the pandemic no other service has been launched more by health tech startups.

Africa-focused venture capital firm TLcom Capital has appointed Eloho Omame as a partner six months after announcing the first close of TIDE Africa Fund II, its $150 million second fund (it expects to reach a second close later this year, according to its partners).

A new partnership between Yobante Express and MPost, two of Africa’s most innovative start-ups, enables door-to-door deliveries between locations across the continent at a fraction of the cost.

TechInAfrica – The Republic of Congo and The United Nations Economic Commission for Africa (ECA) inaugurated The African Research Center on Artificial Intelligence on Thursday (24/02).