Kenyan e-logistics startup Lori Systems among 100 new Tech Pioneers Awarded by World Economic...
Kenyan e-Logistics Lori Systems has selected among hundreds of candidates as one of the World Economic Forum’s Technology Pioneers.
The World Economic Forum’s Technology Pioneers...
VC4A Calling On African Startups To Apply For 2020 ‘Venture Showcase Series A’ program
VC4A is calling on African startups looking to raise between $500K and $10M to apply for the 2020 ‘Venture Showcase Series A’ program.
In proud...
Kenyan e-health startup MamaPrime among winners of Sanofi VivaTech 2020 Global Challenge
Kenyan e-health startup MamaPrime is among the 5 winners of the VivaTech 2020 Global Challenge.
This follows an online final challenge organized by Sanofi following...
This Kenyan organization is installing hand hygiene devices in commercial and public spaces in...
Tippy Tap Kenya, a Nairobi-based community-based organization dedicated to creating awareness and solutions to barriers of accessing WASH (Water, Sanitation & Hygiene) launched its...
Naspers invests $5.5 million in South African agri-tech startup, Aerobotics
Early stage business funding initiative Naspers Foundry has announced a $5.5 million investment in South African agritech startup Aerobotics.
Aerobotics is a subscription-based artificial intelligence...
Orange Launches Seed Challenge For Startups in Africa and The Middle East
Orange Ventures has launched the MEA Seed Challenge targeting startups in Africa and the Middle East.
The challenge is looking for startups with high growth...
South African Fintech Startup, Ukheshe, Launches service to Assist With COVID-19 Infection Alerts
South African fintech startup Ukheshe, has launched a Track and Trace service using its existing payment ecosystem to assist consumers manage any possible risk...
TeleAfya Mobile app wants to connect patients with local doctors for medical assistance
A new mobile application that seeks to connect patients with doctors for medical assistance has been launched in Nairobi. Known as TeleAfya, the app,...
[Zambia] BongoHive FinTech Challenge Applications Opened
Zambian Innovation hub BongoHive has announced that it has opened applications for its annual BongoHive FinTech Challenge.
Through this challenge, BongoHive, in partnership with Financial...
Bolt raises Ksh.11 Billion in funding from Naya Capital to Boost its Growth Strategy
Bolt (Formerly Taxify) has raised a Ksh. 11 billion investment round bringing its total capital raised to date to more than Ksh. 35 billion...
Villgro Kenya awards $150,000 to 12 EA startups fighting COVID-19
Nairobi-based healthcare incubator and investor Villgro Kenya has awarded $150,000 in grant to 12 East African startups helping in the fight against COVID-19. The startups have...
This Kenyan Gaming startup has launched a video conferencing system for Africa
Kenya’s Gaming tech start-up, Usiku Games has today launched Gumzo, the first Made-in-Africa video conferencing system. The launch comes at a time when the...
Zuru, the ‘’AirBnB for cars’’ has launched in Nairobi
Zuru, a new car-sharing platform that lets you rent your car to strangers has launched in Nairobi.
Through its vehicle-sharing app, car owners will...
South Africa’s fintech startup Ukheshe selected for Mastercard Start Path program
South African fintech startup Ukheshe, has been selected to join the 2020 Mastercard Start Path program.
Mastercard Start Path is an exclusive startup engagement program...
Here Are The 22 African Startups Selected For The Wimbart Mentorship Programme
London-based PR agency Wimbart has announced the final list of 22 African startups that will take part in the first edition of the Wimbart...
Kenya’s Logistic Platform Amitruck Secures Funding From GreenTec Capital
Kenya’s mobile and web-based trucking logistics startup Amitruck has received a new investment from GreenTec Capital. With this new undisclosed investment, GreenTec will work...
Two African tech startups accepted into Founders Factory Accelerator Programme
Two African technology startups have been selected and accepted into the Founders Factory Africa Accelerator programme. (FFA)
The two startups are Truzo, a South African based...
Andela Launches Online Code Challenge For Engineers
Andela has launched a competitive online code challenge for software engineers. The competition named “Crack the Code” is open only to engineers physically in...
London-based PR Agency Wimbart launches mentorship programme for African tech startups
London-based PR agency Wimbart has launched a webinar and mentorship programme to equip African tech startups with the PR tools required to achieve their...
This Ghanaian Startup Has Launched A Check-in App And Symptom Tracker To Counter The...
Ghanaian health startup Redbird (formerly Redbird Health Tech) has launched a Coronavirus Daily Check-in App and Symptom Tracker to counter the spread of the virus...
This Kenyan Ed-tech startup wants to train teachers on digital content creation amidst Coronavirus...
The coronavirus outbreak has brought the world to a standstill. The virus, which started in China before spreading to different countries has so far...
Tanzania’s Menstrual Hygiene Management Enterprise – WomenChoice Industries Secures $200k Funding from Gray Matters
US-based impact investor Gray Matters Capital has today announced $200,000 funding in Tanzania based WomenChoice Industries. WomenChoice Industries is a manufacturer and distributor of...
Kaspersky is calling on tech startups to apply for its Open Innovation Program
Kaspersky Innovation Hub (IHub) is calling on tech startups from across Africa and the rest of the world to apply for the second round...
Microsoft launches initiative to support social enterprise startups
Microsoft has today announced the launch of the Global Social Entrepreneurship programme to support startups in 140 countries around the world. The programme was...
12 African ed-tech startups to receive funding from Mastercard Foundation
The Mastercard Foundation Centre for Innovative Teaching and Learning in Information, Communications, and Technology (ICT) has announced the first 12 African EdTech startups for its first...
Santam Insurance invests in South Africa’s Insurtech startup JaSure
South Africa’s on-demand insurance technology (Insurtech) startup JaSure has raised funding from the country’s leading short-term insurer Santam.
Details about the funding amount of funding...
Ecobank Opens Applications For Its 2020 Fintech Challenge
Ecobank Group is calling on African startups and developers to apply for its 3rd edition of the Ecobank Fintech Challenge.
The fintech challenge gives the...
Kenyan fintech startup Wapi Pay raises capital to scale across Africa
Singapore and Kenyan based Fintech startup ‘Wapi Pay’ has raised seed capital through the accelerator Future Hub making it its first Fintech Investment in...
Egyptian E-health startup Vezeeta raises $40m Series D funding round led Gulf Capital
Egyptian e-health startup Vezeeta has raised a US$40 million Series D funding led by UAE-based Gulf Capital, alongside further investment from existing Riyadh-based investor...
Nigerian fintech startup Aella raises $10m financing round
Nigerian fintech startup Aella has raised a $10m debt financing round from Singapore-based HQ Financial Group (HQF). This debt financing round is Aella’s second...
Egyptian food delivery startup Elmenus raises $8m series B funding
Egyptian food delivery startup elmenus has raised $8 million Series B funding round. The round was co-led by Global Ventures, a UAE-based VC fund...
Africa-focused VC Firm TLcom Secures $31M For Its TIDE Africa Fund, Closes At $71M
TLcom, the Africa-focused Venture Capital firm has secured an additional $31M for its TIDE Africa Fund. This new funding now brings the VC's its...
Five African credit scoring startups selected for ENGIE challenge at the Africa Tech Summit
French multinational energy utility company ENGIE has announced the five credit scoring startups that will pitch on the Africa Startup Summit at the Africa Tech Summit...
On-demand delivery platform Sendy raises $20 million round
Kenyan on-demand delivery platform Sendy has raised a $20 million Series B led by Atlantica Ventures. The funding was also backed by Toyota Tsusho Corporation,...
[Column] There’s not enough women-led tech startups – and it’s costing us all
Africa’s technology startup scene is vibrant – and growing fast. There are currently over 640 active technology hubs across the continent, and according to...
Google launches its first Developers Space for African startups and developers in Nigeria
Google has launched its first Google Developers Space for African developers, entrepreneurs and startups in Lagos, Nigeria.
Google CEO Sundar Pichai made a commitment to...
African tech startups raised $491M funding in 2019, Disrupt Africa report
2019 was the best year yet for investment into the African tech startups, with 311 companies banking a combined US$491.6 million. This is according...
CDC Group to invest £2 billion in African businesses over the next two years
CDC Group is to commit a further £2bn into African businesses over the next two years, as it looks to double the size of...
Women-Led Janngo Announces EUR 60 Million Fund To Support African Tech Startups
Janngo has announced a Euro 60 million fund to support African tech startups accelerating progress towards the Sustainable Development Goals (SDGs) in the continent.
The women-led...
Online Travel Agency Timbu Launches New Fund To Invest In Kenyan Travel Startups
Timbu, a Mauritian based online travel agency has launched an investment arm to fund and invest in Kenyan travel and hospitality startups.
Timbu will invest...
Here Are The Five Zambian Startups Selected For FinTech4U Accelerator Programme
Five Zambia-based fintech startups have been selected to join the FinTech4U Accelerator Programme in January 2020. The five were selected out of the 35...
Bolt has raises €50M in venture debt from the European Investment Bank to expand...
The European Investment Bank (EIB) has signed a €50 million venture debt facility with ride-hailing app Bolt. The funding will go towards supporting the...
Applications for the 4th edition of Digital Lab Africa’s acceleration programme opened
Digital Lab Africa (DLA) has opened applications for its fourth edition of the DLA acceleration programme (DLA#4). Creatives and cultural entrepreneurs from across Sub-Saharan...
African Guarantee Fund receives $33M financing to support African SMEs
Africa’s leading Guarantee Institution, African Guarantee Fund (AGF) has received an additional USD 33M financing from German lender KfW Development Bank. The financing is...
Nigerian Fintech Startup Trove Secures An Undisclosed Amount Of Funding From ARM
Nigerian micro-investing fintech startup Trove has secured an undisclosed amount of funding from asset management firm, ARM.
This is the first announced funding round of...
4G Capital Raises $4million Funding For Onward Lending To MSMEs in Kenya And Uganda
4G Capital has announced the completion of its second round of fundraising. The investment was secured by a $2m debt facility from Ceniarth LLC,...
Kenya’s Agritech Startup Farmshine Raises US$ 250,000 Funding
Nairobi based agritech start-up Farmshine has raised a USD 250,000 funding from US-based impact investor Gray Matters Capital’s gender lens sector-agnostic portfolio – GMC...
Kenyan Media Production Firm Portable Voices Signs Partnership Deal with Afripods
Kenyan based media production and podcast start-up Portable Voices has announced a partnership deal with Afripods, an African focused platform for podcasters with head...
Nigeria’s edtech startup uLesson raises $3.1 million seed round led by TLcom Capital
uLesson, Sim Shagaya’s edtech startup from Nigeria that aims to address infrastructure and learning gaps in Africa has raised $3.1mn Seed Round led by...
Africa’s startup ecosystem on the brink of massive growth
The growing number of startups securing major financial commitments, sets the stage for an entirely new era of growth in the African venture capital...
VC4A has launched a dedicated online training program for Africa’s Business Angels
Venture Capital for Africa (VC4A) has launched a dedicated online training program for Africa’s Business Angels - ‘Mentor-Driven Capital
Over the past two years, VC4A ...
Visa is investing $200 Million in Nigeria’s fintech firm Interswitch
Visa is investing $200 million for a 20% stake in Nigeria's digital payments company Interswitch. This minority equity stake acquisition by Visa now makes...
Here are the winners of the 2019 edition of the Orange Social Venture Prize...
Orange has unveiled the names of the three winners of its Orange Social Venture Prize in Africa and the Middle East. The winners were...
Bolt launches €10 environmental impact fund with maiden transaction in East Africa
Bolt (Formerly Taxify) has launched a dedicated environmental impact fund with seed capital of €10 million aimed at initiatives which deliver global social and...
Agritech startup WeFarm secures $13 Million funding to scale its Smallholder Agricultural Ecosystem
London-based farmer-to-farmer digital network WeFarm has raised $13 million in a Series A round of funding. The round was led by Silicon Valley venture...
Interswitch acquires Nigeria’s healthcare tech startup e-Clat
Nigeria’s leading e-payments company Interswitch has acquired a majority stake in healthcare technology startup e-Clat.
The deal was completed on September 30, 2019, and it...
On-demand deliveries startup Sendy raises $2m from Goodwell Investments
Nairobi based on-demand delivery platform Sendy has received a $2 million investment from Dutch impact investor Goodwell Investments.
According to a statement posted on Goodwell’s...
South Africa’s fintech startup uKheshe wins 2019 Global Fintech Hackcelerator Programme
South Africa’s QR cash card and microtransaction platform, uKheshe, has won the 2019 Global Fintech Hackcelerator Southern Africa competition. Launched by the South African Reserve...
Kenya’s agri-tech startup Twiga Foods secures $30M to digitize food distribution
Kenyan food distribution startup, Twiga Foods has raised $23.75 million in a Series B equity round led by Goldman Sachs. The round also saw...
How to Launch your Startup in a College
Your college years are the best time to launch a startup because it ensures you have feet to stand on once you graduate. The...
Boehringer Ingelheim launches Venture4Change idea competition for university students in Kenya
Leading pharmaceutical company Boehringer Ingelheim has launched a Making More Health Venture4Change idea competition for university students in Kenya. Boehringer Ingelheim has partnered with...
U.K announces a Ksh.1.3 billion fund to support Kenyan fintech startups
The United Kingdom has announced a Ksh. 1.3 billion fund to support fintech startups in Kenya. This announcement was made by The Lord Mayor...
VentureBuilder officially launches to support off-grid solar startups in Africa
VentureBuilder, which is focused on scaling African-owned and managed off-grid solar enterprises, has officially been launched. VentureBuilder has been launched with support from the...
List of tech startups shortlisted for the AppsAfrica Innovation Awards
The final shortlist for the 5th AppsAfrica Innovation Awards have been announced. The annual Awards attracted over 400 submissions from 52 countries, with solutions launched in African...
IFC is investing $1M in Tunisia’s Flat6Labs Anava Seed Fund to boost the country’s...
The International Finance Corporation (IFC) has announced that it is investing $1 million in Tunisia’s Anava Seed Fund (ASF) to boost the country's Startup...
Glovo expands to Mombasa in continued market expansion push
Spanish delivery firm Glovo has launched its service in Kenya’s second city, Mombasa. The move will now see residents of Mombasa experience on-demand deliveries on...
Kenya’s e-Logistics startup Lori Systems expands to Nigeria
After 10-months of piloting, Kenya's logistics startup Lori Systems has officially launched in Nigeria. The startup has been doing the pilot in Nigeria with...
CredoLab, a Singapore-based credit scoring startup has launched in Kenya
Singapore-based fintech startup CredoLab has launched in Kenya. The firm had in July this year announced its plans to expand its operations to Sub-Saharan...
Nigeria’s CcHUB has acquired Kenya’s iHub for an undisclosed fee
Nigeria’s technology innovation centre Co-creation Hub (CcHUB), has acquired Kenya's iHub for an undisclosed fee. The deal will see iHub's team become part of...
Facebook London Accelerator opens to African startups for the first time
Facebook is inviting applications for the third edition of its Facebook London Accelerator programme, which is open for the first time to startups from...
Kenya’s Tiny Totos wins MIT Inclusive Innovation Challenge Africa finale
Kenyan-based startup, Tiny Totos, has been named among the winners of the MIT Inclusive Innovation Challenge (IIC) Africa finale. Tiny Totos was selected in...
Startup Insight: Develop your innovative idea into a viable business
Kenya is among the African countries with a vibrant startup ecosystem. According to VCA4 this is due to a number of factors including a...
Vodacom Tanzania and Smart Lab launch new $150k accelerator program for tech startups
Vodacom Tanzania and Smart Lab have launched a new accelerator program to support arly-stage and growth-stage technology startups. The “Vodacom Digital Accelerator,” program will run...
Applications for Standard Chartered Bank’s Women In Tech Accelerator 3rd Cohort Open
Standard Chartered Bank Kenya has opened applications for its Women In Tech Incubator third cohort. The application which will close on 31st November is...
Three Kenyan firms among top 12 finalists in the MIT Inclusive Innovation Challenge
Three Kenyan organisations are are among the 12 finalists, shortlisted for the Regional Finale of the MIT Inclusive Innovation Challenge (IIC).
The shortlisted Kenyan firms...
TechTribe Accelerator to offer training to hundreds of SADC startups
The TechTribe Accelerator (TTA), a brand-new online training platform wants to offer online training to thousands of African entrepreneurs across SADC members countries.
The TechTribe...
ENGIE acquires off-grid solar solutions provider Mobisol an undisclosed amount
French multinational electric utility company ENGIE has acquired Mobisol, a pioneer of off-grid solar solutions to expand its decentralized energy offering in Africa.
The two...
Logistics startup Kobo360 launches operations in Kenya
African e-Logistics startup Kobo360 has officially launched its operations in Nairobi, Kenya. The startup had announced plans to expand into Kenya back in March...
MEST Africa is investing $100,000 in each of these 11 startups from its 2019...
MEST Africa is investing US$1,1m in eleven early-stage startups from its 2019 graduating cohort. This is the largest single investment MEST has made in...
Ten African tech startups taking part in the CcHUB’s PitchdriveAsia Tour
Ten selected African startups utilising hardware and deep technology tools in their businesses are taking part in the second edition of CcHUB PitchdriveAsia Tech...
SA fintech startup uKheshe raises seed funding from FiTech Ventures and Ocean on 76.
South Africa's fintech startup uKheshe has raised its first seed investment round 10 months after launching its financial inclusion platform. The startup has raised...
Bosch calling on African startups to apply for its smart mobility pitch competition
German multinational engineering and technology company Bosch is inviting African startups to compete in its smart mobility startup competition. Headquartered in Gerlingen, Bosch says...
Global Impact Summit inviting tech startups to pitch and be part of Pangea Accelerator’s...
The Global Impact Summit (GIS) is calling on Kenyan tech startups to pitch their ideas for an opportunity to be part of Pangea Accelerator...
Three fintech startups admitted to Kenya’s Regulatory Sandbox
Three Kenyan fintech startups have been admitted to the Kenyan Capital Markets Regulatory Sandbox. The startups are Pezesha Africa, a micro-lending marketplace and Innova...
India Based B2B payments platform PayMate raises $25 million to expand to Africa
India based PayMate, a B2B payments platform has raised $25 million in a new series D round from Visa to expand to Africa, Eastern...
Branch International raises another KSh.500M from Centum-owned, Barium Capital
Mobile lender Branch International has announced its fourth commercial paper issuance from Centum-owned advisory firm, Barium Capital, raising Ksh500 million. Branch has also announced...
GABF launches new fund to invest in German-African energy startups
The Germany Africa Business Forum (GABF) has announced a multi-million Euro funding commitment to invest in German energy startups that focus on Africa. GABF,...
Kenyan Agri-Tech Startup Taimba Secures $100K Funding from Gray Matters Capital’s coLABS
Nairobi based B2B Agri-Tech startup Taimba has secured $100K in funding from US-based impact investor Gray Matters Capital's gender lens portfolio GMC coLABS. Taimba...
African female-led tech startups can now apply for the GreenHouse Lab Accelerator 2019 program
The GreenHouse Lab Accelerator has opened applications for early-stage female-led African tech startups.
The Lagos-based accelerator program is run by GreenHouse Capital in collaboration with...
CredoLab, Singapore-based credit scoring startup is expanding to Sub-Saharan Africa
Singapore-based fintech startup CredoLab is expanding its operations to Sub-Saharan Africa. The firm is expanding into the region’s fintech market with the addition of...
Nigeria’s Venture Garden, Kenya’s Umati Capital & Tanzania’s Ubongo Kids mentioned in Mauritius Leaks...
Nigeria’s Venture Garden, Kenya’s Umati Capital and Tanzania’s Ubongo Kids have been listed among firms extracting profits and avoiding tax in Africa according to a new report by ICJ dubbed Mauritius Leaks.
Mauritius...
Egypt’s fintech startup XPay raises $250,000 in pre-seed funding
Egyptian fintech startup XPay has secured $250,000 in pre-seed funding from two angel investors. XPay is part of the cohort currently participating in Startupbootcamp...
OPay raises $50 million to expand to other African markets
Nigeria-focused mobile payments company OPay which is incubated by Opera has raised $50 million in total funding to strengthen its position in Nigeria and...
FasterCapital seeking to fund startups in Kenya
On the 11th July 2019; more than 20 African countries brought into effect what is going to be the largest Free Trade Area in...
After Kenya, online ride-hailing service inDriver has now launched in Uganda
inDriver, an international online ride-hailing service has launched in Uganda. Uganda becomes its fourth African market after launching in Kenya, Tanzania and South Africa.
Founded in...
Facebook, MainOne, to grace Nigeria’s #StartupSouth5 conference
Social media giant, Facebook, and West Africa’s largest cable data provider, MainOne is among the top tech companies that will grace the #StartupSouth Startup/Entrepreneurship...
MYDAWA receives LegitScript Certification
MYDAWA has become the first online pharmacy in Africa and part of the top 4% globally to earn the LegitScript certification that verifies internet...
Google’s Third Launchpad Accelerator Africa Class Graduate in Lagos
12 African startups that that were taking part in Google's Launchpad Accelerator Africa programme have graduated in Lagos.
This third class, which started on 1...
MIT D-Lab Scale-Ups Fellowship Program to provide $120,00 to Six East African Startup Entrepreneurs
Six East African startup entrepreneurs from Kenya, Tanzania, and Uganda will receive $20,00 each from MIT D-Lab Scale-Ups Fellowships program. The one-year MIT D-Lab Scale-Ups fellowship program...
[Column] How to catch the attention of your future investor
What would you do if you were given free money for your business? Grants give the beneficiaries peace of mind to be able to...
Google News Initiative Innovation Challenge applications open in Africa
A few months after expanding Google News Initiative (GNI) Innovation Challenge to Africa, Google has now announced that accepting application submissions from news organisations in the...
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Ngao Credit: How SMEs can benefit from Our Jijenge loan product
The coronavirus pandemic is hitting the global economy hard. While it is hard to exactly tell the extent the damage the virus will have...
24Bit Podcast Episode 23: Are Kenyans Ready for Cashless Matatu Payments?
In this latest episode of our 24Bit podcast, Emmanuel Chenze, Nick Kanali and Dickson Otieno discuss the new upcoming requirement by the NTSA to...
EDITOR'S PICK
Microsoft’s new skills initiative to bring digital skills to 25 million...
Microsoft has announced a new global skills initiative aimed at bringing more digital skills to 25 million people worldwide by the end of the...
