Search Results for: startups
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News
Nigeria’s PSP Nomba raises $30 million Pre-Series B
Nigerian payment service provider Nomba has raised a $30 million Pre-Series B funding round to support the delivery of bespoke…
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News
Nigerian online training provider Blurpe launches talent linking tool
Nigerian online training company Blurpe has launched a new product dubbed Talent Pool, aimed at linking marketing specialists in Africa…
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News
Nigeria’s Autochek Acquires Majority Stake in Egypt’s Car-Buying Platform AutoTager
Nigerian automotive technology company Autochek has acquired a majority stake in AutoTager, an Egyptian automotive technology company that makes it…
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News
Visa Everywhere Initiative 2023 applications open in Kenya
Payments firm Visa has opened applications for the 2023 edition of the Visa Everywhere Initiative (VEI). The global open innovation…
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News
[Interview] Visa Kenya’s Eva Ngigi-Sarwari on fintech and Gen-Z spending
We are living at an exciting time where technology has made it easier for people to access funding, invest and…
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News
20th edition of East Africa Com tech event to be hosted in Nairobi
East Africa’s premier technology, telecommunication, media, and broadcasting event East Africa Com will return to Nairobi on 25-26 April after a…
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News
DFC invests $25 million in Pan-African VC firm Novastar Ventures
The U.S International Development Finance Corporation (DFC) has invested $25 million in a new fund by Pan-African venture capital firm…
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News
AWS opens applications for its inaugural FinTech Africa Accelerator : How to apply
Amazon Web Services’ Startup Loft Accelerator has announced the inaugural launch of its AWS FinTech Africa Accelerator. The program is…
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News
Dream VC Opens Applications for its 2023 Talent Accelerator Program in Africa
Dream VC, a Remote Venture Capital Upskilling Institute, has opened applications for its 2023 Accelerator Program for VCs in Africa. …
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News
Kenyan startup ecosystem has a significant competitive edge globally, report
A comprehensive, in-depth report funded by the UK government has given Kenya’s startup ecosystem a thumbs up, noting that it…
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News
Flutterwave Secures Two Additional Licenses to Operate in Rwanda
Nigerian remittance company Flutterwave has announced that it has received its Electronic Money Issuer and Remittance Licenses from the National…
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News
ARM Labs Lagos Techstars Accelerator Concludes Inaugural Program with Demo Day
Techstars, in partnership with Lagos-based innovation program ARM Labs, marked the completion of its inaugural ARM Labs Lagos Techstars Accelerator…
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News
Kenya Innovation Bridge Partners with Nakuru County to Showcase Innovations
The Kenya Innovation Bridge, a platform under the Kenya National Innovation Agency (KeNIA) has partnered with Nakuru County government to…
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News
African fintech Chipper Cash reportedly searching for a buyer
Nigerian remittance company Chipper Cash is reportedly considering a sale, according to a report by Bloomberg. The company, which is…
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News
13th edition of Orange Social Venture Prize in Africa launched
Orange has opened applications for the 13th edition of its Social Venture Prize in Africa and the Middle East (POESAM).…
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News
Google opens applications for 3rd cohort of Black Founders Fund 2023 for Africa
Google has opened applications for this year’s Black Founders Fund for Startups in Africa and Europe. Startups from Africa applying…
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News
Kenya’s Elizabeth Mwangi wins the $30k Aurora Tech Award 2023 for her ‘Mama Fua’ app
Elizabeth Mwangi, the founder of Gwiji, the Kenyan startup that economically empowers women from the slums of Nairobi is the…
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News
[Interview] Sophos’ Julie Davila on being a woman leader in the cybersecurity field
Cybersecurity has become one of the biggest global challenges facing businesses around the world. The industry is always shifting as…
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News
Flutterwave reportedly lost $4 million to hackers in early February
Nigerian fintech Flutterwave has reportedly lost $4 million to hackers who penetrated the company’s systems in early February. The money…
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News
SanKalp Africa Summit 2023 folds up as Visa and other partners promise more commitment
The SanKalp Africa Summit 2023 came to a close on Wednesday this week, after two days of reflections, evaluation, and…
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News
Empowering African SMEs: Cladfy’s innovative approach to accessing capital
Sub-Saharan Africa is currently home to 44 million micro, small, and medium-sized enterprises (SMEs). All of which serve as a…
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News
Kenya’s alphabloQ is helping more Africans secure their future through real estate investments
Following the impact of the Covid-19 pandemic, economic uncertainty heightened when global stocks and bonds lost more than $30 trillion…
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News
7 African tech podcasts you should be listening to right now
African tech podcasts: I am a heavy consumer of podcasts and one of my favourite things to do while working…
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News
[Interview] Peppa.io’s Bankole Alao on how they’re helping grow e-commerce business in Africa
Trust is a key component in the success of e-commerce business globally. Buyers first seek sellers who look and sound…
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News
Egyptian fintech MNT-Halan is Africa’s newest Unicorn after raising $400M
Egyptian fintech startup MNT-Halan has become Africa’s newest unicorn after raising $400 million in debt and equity funding, raising its…
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News
Tech Nation, a UK-Based non-profit tech talent acquisition firm is shutting down
For slightly over one decade, Tech Nation, a non-profit UK-based organization has been providing assistance to global tech talent, outsourcing…
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News
Women founders in Africa invited to apply for Google’s new accelerator program
Google on Tuesday announced a women accelerator program aimed at providing resources and opportunities for women founders in Africa. The…
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News
Heifer International’s $1.5M agritech challenge winners announced
Three African startups have been selected winners of the 2022 AYuTe Africa Challenge which supports agritech innovators and is organized…
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Startups
Kenya’s Zuri Health raises an undisclosed amount of funding from Moroccan VC UM6P Ventures
Zuri Health has raised an undisclosed amount of funding from Moroccan VC UM6P Ventures. The funds will be used to…
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CLOUD
Africa Data Centres breaks ground for new Sh2bn Sameer facility in Nairobi
Africa Data Centres has officially broken ground on an additional data centre facility in Nairobi. The new build will see…
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News
New social-media platform African Stream seeks to change how African Stories are told
African Stream, a newly created social-media platform with its headquarters in Nairobi, Kenya brands itself as a tool that seeks…
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News
LG unveils 2023 strategy anchored on its 2030 sustainability blueprint
LG Electronics has rolled out its 2023 blueprint aimed at creating innovation for a better life and ensuring a sustainable future…
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News
Fintech is the most vibrant sector in the Kenyan startup landscape, report
A report released by pan-African publication and research firm Disrupt Africa has pointed out fintech as the most vibrant subsector…
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News
Burning Heroes opens applications for its African Edition of Startup Awards
Burning Heroes (BH) Founders Association has announced the launch of its Africa Edition of startup awards. BH says the contest…
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Startups
VC fund Ventures Platform closes its pan-African and early-stage fund at $46M
Ventures Platform, a pan-African early-stage Venture Capital firm has today announced the final close of its intercontinental fund, at $46M. …
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News
MEST Africa Opens Applications for its 2024 Training Program
After announcing five African tech startups that made it to the grand finale of the 2022 Africa Challenge pitch competition,…
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Startups
Nigeria’s ThriveAgric crowned winner of Visa Everywhere Initiative
ThriveAgric, a Nigerian startup that champions technology to transform the payments landscape for smallholder farmers, was crowned winner of the…
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News
South African VC firm 4Di Capital announces the second close of a new $25 million seed fund
South African- based early-stage technology venture capital fund manager 4Di Capital has announced a close of a new US$25 million…
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News
Kenya’s agri-tech startup Stable Foods has raised $600k in funding
Stable Foods, a Kenyan agri-tech startup offering a host of solutions to small-scale farmers has raised $600k in funding. The…
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News
Kenya-based Electric Vehicle Manufacturer BasiGo has raised $6.6 million in funding
BasiGo, the Kenyan-based electric manufacturer working to bring EVs for public transportation has raised $6.6 million (Sh804.5 million ), in…
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News
Nigerian Fintech Kuda Wants To Make Remittance From UK To Africa Cheaper
As remittances to Africa increase, several firms are finding ways to make it easier, cheaper and more convenient to send…
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News
Sky.Garden will not fold up, it has found a new buyer
In September, news of the impending extinction of popular e-commerce website Sky.Garden caught the tech industry by surprise. When we…
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News
Algeria’s Yassir has raised $150 million in series B funding
Yassir, an Algerian supper platform that offers ride-hailing, food and grocery delivery as well as financial services on a single…
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News
Kenya, Nigeria and SA lead fintech growth in Africa, Mastercard report
A report by payment services company Mastercard has revealed that South Africa, Nigeria and Kenya are among the most vibrant…
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News
Amazon Web Services has set up its second-largest African office in Lagos, Nigeria
Amazon Web Services (AWS) has selected Lagos, Nigeria as the base for its second-largest office in Africa. The cloud service…
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News
MEST Africa Challenge 2022 top 5 finalists announced
MEST Africa has announced the five African tech startups that have made it to the grand finale of the 2022…
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News
500 Global Launches its Pan-African Accelerator Manager Bootcamp in Kenya
500 Global, a leading venture capital firm is launching its inaugural Bootcamp for Accelerator Managers (BAM) program in Kenya. The…
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News
Zoho says it has recorded 96% growth in Kenya in the past year
Zoho Corporation, the Indian technology company that creates integrated software for businesses has highlighted major milestones since launching into the…
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News
4 Kenyan podcasts to benefit from Spotify’s new $100K Africa Podcast Fund initiative
4 Kenyan podcasts are among the 13 selected to benefit from Spotify’s new Africa Podcast Fund initiative. The $100,000 fund…
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Startups
President Buhari signs Nigeria Startup Bill into law
As technology-led innovations take centre stage in Africa, countries are putting in place policies to support innovation and accelerate the…
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News
Alibaba Kicks Off One-Month Netpreneur Training Program for Africa
Alibaba Global Initiatives (AGI), a professional training arm under Chinese tech giant Alibaba, has enrolled the second class of more…
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News
Nigerian data and intelligence firm Stears has raised $3.3 Million for expansion to East Africa
Nigerian data firm Stears has raised $3.3 million in a seed round in which Serena William’s VC firm Serena Ventures…
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News
Wasoko dismisses reports that it has shut down its operations in Kenya
Kenyan-based B2B e-commerce startup Wasoko has dismissed reports that it has shut down its operations in the country. On Monday,…
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News
Logistics startup Sendy cuts down on its Supply Service
Kenyan logistics startup Sendy has restructured its operations, effectively winding down its Supply service. The startup says it will now…
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News
Popular E-commerce Startup Sky.Garden Faces Closure After Failing To Raise Funding
Word in the streets has it that one of Kenya’s most popular e-commerce marketplace Sky.Garden may be closing down after…
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News
Fallohide Africa: Re-writing Kenya’s Story through Virtual Reality
Kenya is putting its foot forward in the age of Immersive technologies, including AR (Augmented Reality) and VR (Virtual Reality).…
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News
Kenya’s Zuri Health and Damu Sasa to benefit from $7M fund from Bill Gates Foundation
Thirty companies from 14 African countries will benefit from a $7 million fund fronted by pan-African support organization Investing in…
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News
Balkissa Idé Siddo: The metaverse will open up new opportunities for Africa and the globe
The 77th session of the United Nations General Assembly (UNGA) was held this year as the world continues to see…
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News
TechPR Nigeria appoints Felicia Ochelle as new CEO, announces pan-African expansion
TechPR Nigeria, a Public Relations and Communications firm, has announced the appointment of Felicia Omari Ochelle as the new Chief Executive Officer…
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News
Hack The Mara hackathon finalists announced
In June this year, Pan-African technology company the Mara Group invited applicants to the “Hack the Mara” hackathon, a competition…
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News
Nigeria’s blockchain startup Bitmama has raised $2 million to scale across Africa
Bitmama is a Nigerian blockchain company that aims to democratize the payment system across the continent. The startup has remote…
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Interviews
[Interview] We’re consolidating African retailers’ business needs in one easy-to-use platform, MarketForce CEO
As the e-commerce marketplace expands, new players are stepping in to make it easy for merchants to source products and…
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News
Three Kenyan founders selected for the Future is Female Mentorship Program
The Future is Female Mentorship Program is a PR and communications mentorship program dedicated exclusively to African female tech founders.…
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News
Cab-hailing apps are coming to Senegal for the first time
In some African cities such as Nairobi, Kampala, Lagos, Cairo and Accra, Ghana, cab-hailing is a lifestyle that people have…
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News
Kunle Awosika takes up new role at Microsoft’s Africa Transformation Office
Microsoft has appointed Kunle Awosika to the position of Managing Director for the Africa Transformation Office (ATO). Kunle takes over…
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News
Google has pulled down more than 2,000 loan apps from Play Store in India
Google says that it pulled more than 2,000 personal loan apps from Play Store in India for what the company…
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News
STIMA brings electric motorcycles to Kenya in new partnership with India’s OneElectric
STIMA, a battery swapping technology company has partnered OneElectric, an Indian manufacturer of electric motorcycles to supply more than 3,000…
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News
Nigeria’s B2B e-commerce startup Omnibiz has raised $15 million to accelerate expansion
There is a growing number of startups across Africa that are helping to connect manufacturers with wholesalers and retailers. Nigeria’s…
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News
MTN has rolled out 5G trials in seven cities across Nigeria
MTN Nigeria has launched 5G network in 190 sites across seven cities in the country. This initial installation of the…
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News
Kenya’s Lori Systems has raised an undisclosed amount of funding from Google
Kenya e-logistics company Lori Systems which operates across East Africa has raised an undisclosed amount of Round B funding from…
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News
Kenya’s Blockchain Startup Crypsense Digital Joins Draper VeChain Web 3 Accelerator Program
Kenyan crypto startup Crypsense Digital Group has been selected to join the 12-week Draper VeChain Web 3 Accelerator Program. The…
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News
Applications for the 5th edition of Catapult: Inclusion Africa Programme open
The LHoFT Foundation has opened applications for the 5th edition of the CATAPULT: Inclusion Africa which will be delivered in Luxembourg.…
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Startups
Nigerian Startup Klasha Appoints Ayman Jawhar as New Chief Product Officer
Lagos and San Francisco-based Klasha has appointed Ayman Jawhar as its new Chief Product Officer. Ayman will be based in the United…
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News
Kenya power to start construction of charging hubs for electric vehicles
Kenya Power has announced plans to is to start the construction of electric charging centres for electric vehicles in the…
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Startups
Kenyan HR startup FaidiHR raises undisclosed amount of funding from SprintX
Kenyan startup Crew HR & Payroll has rebranded to FaidiHR after it received an undisclosed amount of funding from SprintX,…
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Startups
Kenyan insurtech Lami Technologies raises $3.7M to expand across Africa
Kenya-based insurtech startup Lami Technologies has raised a US$ 3.7m seed extension to expand its insurtech product across Africa. The…
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Interviews
[Interview] Efayomi Carr: Embedded finance and its impact on financial inclusion
Efayomi Carr is a Principal at Flourish Ventures, a Global Fintech Venture Firm investing in fintech startups across the globe,…
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Startups
Nigeria’s mobility startup Moove has expanded to India
Nigeria is home to some of the most innovative startups and many of them are disrupting their respective industries in…
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Startups
AfricInvest and Cathay Innovation Complete Final Close of €110M Pan-African Venture Fund
Africa’s multi-asset investment platform AfricInvest and global venture capital firm Cathay Innovation, have completed the final close of their joint Pan-African…
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News
Kenyan Startup Flare Among Winners Of The Inaugural Kofi Anan Innovation Prize
Three startups from Kenya, Nigeria and Zimbabwe have been named winners of the inaugural Kofi Annan Award for Innovation in…
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Blockchain
Multimedia University Students Benefit from Polygon and Impact+ Blockchain Training
Everyone with some interest in emerging technologies has by now heard of or interacted with blockchain, the technology used to…
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Interviews
[Interview] Lean data practices can help mitigate risks for Kenyan SMEs, says Mozilla’s Noémie Hailu
Three weeks ago, Mozilla unveiled a Lean Data Practices (LDP)course for SMEs and startups in Kenya to increase their awareness…
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News
CMM launches 3rd edition of its mentorship programme for African female tech founders
C. Moore Media, International Public Relations (CMM) has announced the launch of the third edition of The Future is Female Mentorship Programme.…
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Startups
Nigeria’s Moove has raised $20m debt funding from British International Investment
The British International Investment (BII) has extended $20 million in debt funding to Nigerian mobility startup Moove. The 4-year structured…
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News
Moringa School raises an undisclosed amount of funding from Leading Investor Proparco
Learning-accelerator Moringa School has raised an undisclosed amount of funding from Proparco to support its expansion outside Kenya. The funding…
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BUSINESS
Fintech Company WorldRemit Ranks Kenya Among its Top 3 Markets In Africa
WorldRemit, a global money transfer company with a presence in over 130 countries has placed Kenya among its top 3…
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News
Flutterwave Has Appointed Former American Express Executive as New CFO
Flutterwave has announced the appointment of Oneal Bhambani as its new Chief Financial Officer (CFO) Bhambani joins the Nigerian fintech…
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News
Nigerian fintech startup Indicina raises $3m seed funding for Africa expansion
Nigerian fintech startup Indicina has raised $3 million in seed funding round to accelerate its expansion into other African markets.…
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Startups
Tunisian edtech startup GOMYCODE raises $8 Million Series A funding to expand across Africa
A Tunisian edtech startup GOMYCODE has raised one of the highest African funding this quarter of the year after clinching…
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News
Africa’s digital economy to reach $712 billion by 2050, Endeavor Nigeria report
Africa’s technology ecosystem is set for a period of exponential growth, accelerated by strong market fundamentals and the impact of…
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News
Kenyan government is considering creating a startup advisory board
The Kenyan government is considering creating a startup advisory board to support the continued acceleration of startups in the country.…
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News
Nigerian EdTech startup Afrilearn joins the UNICEF Innovation Fund
Nigerian EdTech startup Afrilearn has emerged as the only Nigerian startup to join the latest cohort of the UNICEF Venture Fund. Afrilearn…
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News
World Bank and PFG To Provide $30 million for Fintechs in Emerging Markets
The World Bank, through its global development institution the International Finance Corporation(IFC) and US-Based fund manager Partners for Growth (PFG)…
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News
French government backed Digital Africa initiative aims to boost growth among tech entrepreneurs in Africa
The French government is playing a proactive role in weaning the rapidly-growing digital landscape in Africa through an initiative dubbed…
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News
Taxi hailing company Little Is going into the logistics business
Kenyan ride-hailing company Little is venturing into the logistics business, CEO Kamal Budhabhatti has announced. “We learned and mastered the…
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News
OPay and Mastercard partner to expand regional reach
OPay, a Nigerian fintech regarded as one of Africa’s most valuable fintech startups has entered into a strategic partnership with…
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News
Cairo Angels Injected Undisclosed Amount in Kenya’s FlexPay
Fintech startup FlexPay has raised an undisclosed amount of funding from Cairo Angels Syndicate Fund(CASF). The Kenyan firm operates an…
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News
Kenyan Fintech Hisa Joins NVIDIA Inception Programme
Hisa App, a Kenyan mobile investment platform that allows anyone in Kenya to invest in U.S. stocks and ETFs using…
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Startups
Nigeria’s Freight Forwarder Topship Raises $2.5M Seed Funding
Since tech-based startups started playing a key role by bridging gaps in the logistics sector in Africa, we’ve witnessed tremendous…
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Startups
VC firm Ventures Platform appoints Dr. Dotun Olowoporoku as New Venture Partner
Pan-African VC firm, Ventures Platform has appointed Dr. Dotun Olowoporoku as its new Venture Partner. The appointment comes less than…
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News
Google announces 30,000 Africa developer scholarships for 2022
At least 30,000 aspiring and professional developers from across Africa will benefit from the Android and Google Cloud training opportunities.…
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