EdenCare, Rwanda’s digital health insurer, has received €250,000 from French development finance institution Proparco in a move aimed at accelerating access to affordable, tech-driven healthcare coverage across East Africa. The funding will support EdenCare’s expansion in Rwanda and Kenya, two marke
4G Capital has disbursed more than $1 billion in loans to entrepreneurs in Kenya and Uganda, underscoring rising demand for working capital among small businesses typically shut out of formal finance. The Nairobi-based fintech said it has served about 800,000 customers since its 2013 launch, issuing
Tunisian agritech startup RoboCare has secured a six-figure investment from venture capital firm 216 Capital, adding fresh momentum to a growing wave of African startups using artificial intelligence to tackle food production and climate challenges. The funding will support the company’s expansion a
EmergingTech Ventures Fund II, an early-stage venture capital fund dedicated to high-potential technology startups operating in Morocco, Tunisia, Senegal, and Ivory Coast, has secured a cornerstone investment from French development finance institution Proparco. Managed by EmTech Capital, an indepen
Dubai-based surplus food marketplace Peekabox has secured $1.5 million in an oversubscribed seed round, as it looks to scale operations in the United Arab Emirates and expand across the Gulf. The startup, founded in 2025 by brothers Hasan and Omair Sarwar, connects restaurants, cafés and grocery ret
Spiro, the African electric motorcycle and clean energy infrastructure company, has secured a $55 million investment from NewTrails Capital, a China-focused growth-stage fund with operations in Shanghai, Shenzhen, and Nigeria. The latest commitment brings Spiro’s current funding round to $270 millio
EdenCare, Rwanda’s digital health insurer, has received €250,000 from French development finance institution Proparco in a move aimed at accelerating access to affordable, tech-driven healthcare coverage across East Africa. The funding will support EdenCare’s expansion in Rwanda and Kenya, two marke
On Techpoint Digest, we talk about SA's Yoco expanding beyond payments with an AI deal, the CBN's data localisation rule, which raises fintech concerns, and Visa’s AI plan to shop with your card in SA.
In today's edition: Revolut wants to launch in South Africa || Spiro raises another $55 million || NCC tightens oversight || Mozambique is building a new cybersecurity strategy
In 10 years, LSETF has also disbursed over 15 billion naira in loans to more than 20,000 micro, small, and medium enterprises, and supported over 82,000 small businesses through capacity-building programmes.
South African startup stub has built an AI-native accounting platform “built for everyday entrepreneurs”, doing all the things a small business needs, wrapped in something simple and intelligent. Founded in 2023, stub offers easy-to-use tools for sending invoices, managing quotes, tracking payments,
On Techpoint Digest, we discuss Lesaka pushing back the closing date for the Bank Zero buyout, the CBN's data localisation rule, which raises fintech concerns, and Toyota going fully electric in Kenya.
Seacom has launched a new Nairobi-Kampala route, adding a high-capacity terrestrial connection between Kenya and Uganda as demand for digital services continues to grow across East Africa. The new network links Nairobi, Kisumu and Kampala while providing an upgraded pathway for traffic moving inland
