StartUps
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Startups
South African fintech startup Ukheshe among finalist of Ecobank Fintech Challenge 2020
South Africa’s SMME digital banking platform provider, Ukheshe, is among the finalist in the Ecobank Group’s 2020 Ecobank Fintech Challenge. In its third…
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Startups
Here are the startup finalists of the 2020 Ecobank Fintech Challenge
Ecobank Group has announced the finalists of its 2020 Ecobank Fintech Challenge. The challenge, in its third edition, is designed…
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News
Jack Ma’s Africa Netpreneur Prize Initiative selects Top 50 Finalists of 2020 “Africa’s Business Heroes” Competition
Jack Ma Foundation’s Africa Netpreneur Prize Initiative has selected the top 50 finalists of 2020 “Africa’s Business Heroes” Competition. The…
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News
This New Online Course from Harvard Teaches Africans How to Build Scalable Businesses to Solve African Problems
Africa has complex and unique business opportunities. Harvard Business School professors are launching a new online course to teach entrepreneurs…
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Startups
Moroccan fintech startup OnePay raises $417k for its digital payments platform
Moroccan fintech startup OnePay has announced a $417,000 investment from Maroc Numeric Fund II. The startup which operates as a…
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Startups
Applications for the 2020 HiiL Innovating Justice Challenge Opened
The Hague Institute for Innovation of Law (HiiL) has opened submissions for its 2020 HiiL Innovating Justice Challenge in South Africa. HiiL…
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Startups
Wimbart launches second edition of its mentorship programme for African tech startups
Wimbart, the London-based Public Relations agency specializing in Africa and emerging markets, has launched the second edition of its Office…
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News
After going fully remote, Andela is now accepting engineer applications from across Africa
After announcing that it is going fully remote, Andela, the startup that helps tech companies build remote engineering says it…
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News
These Are The 6 Kenyan Startups Selected For Google’s Startups Accelerator Africa 2020
Google has announced that 20 African startups that have been selected for its new class of Google for Startups Accelerator…
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Startups
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…
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Startups
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…
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Startups
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…
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Startups
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…
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Startups
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…
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Startups
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…
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Startups
[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,…
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Startups
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…
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Startups
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…
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Startups
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…
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Startups
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…
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Startups
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…
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Startups
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…
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Startups
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…
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Startups
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…
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Startups
This Ghanaian Startup Has Launched A Check-in App And Symptom Tracker To Counter The Spread of Coronavirus
Ghanaian health startup Redbird (formerly Redbird Health Tech) has launched a Coronavirus Daily Check-in App and Symptom Tracker to counter the…
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Startups
This Kenyan Ed-tech startup wants to train teachers on digital content creation amidst Coronavirus concerns
The coronavirus outbreak has brought the world to a standstill. The virus, which started in China before spreading to different…
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News
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…
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Startups
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…
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News
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…
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Startups
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…
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News
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…
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Startups
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.…
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Startups
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…
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Startups
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…
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Startups
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…
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Startups
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,…
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Startups
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…
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Startups
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…
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Startups
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…
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News
[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…
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News
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…
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Startups
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…
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News
[Column] How fintechs are making Africa a leading global Innovation Hub
In a continent where over 60% of the adult population is unbanked and the financial sector is considerably underdeveloped, fintech…
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Startups
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…
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Startups
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)…
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Startups
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…
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Startups
Bolt has raises €50M in venture debt from the European Investment Bank to expand its services
The European Investment Bank (EIB) has signed a €50 million venture debt facility with ride-hailing app Bolt. The funding will…
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Startups
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…
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Startups
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…
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Startups
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…
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Startups
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…
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Startups
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…
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News
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…
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BUSINESS
Consumer benefits of using fintech for diaspora remittance
For most Kenyans living abroad, sending money back home can at times be a costly and a complicated ordeal. Traditionally,…
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Startups
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…
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Startups
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…
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Startups
Here are the winners of the 2019 edition of the Orange Social Venture Prize in Africa and the ME
Orange has unveiled the names of the three winners of its Orange Social Venture Prize in Africa and the Middle…
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News
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…
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News
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…
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News
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…
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Startups
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…
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Startups
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…
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Startups
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.…
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COLUMNS
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…
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Startups
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…
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Startups
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…
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Startups
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…
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Startups
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…
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Startups
IFC is investing $1M in Tunisia’s Flat6Labs Anava Seed Fund to boost the country’s startup ecosystem
The International Finance Corporation (IFC) has announced that it is investing $1 million in Tunisia’s Anava Seed Fund (ASF) to…
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Startups
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…
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Startups
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…
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Startups
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…
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Startups
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…
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Startups
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…
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CYBER SECURITY
Growth in Fintech drives growth in cyberattacks, Kaspersky
Africa’s Fintech sector is booming! According to reports, Africa’s Fintech ecosystem has surged 60% in the last two years and the…
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News
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…
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Startups
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…
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Startups
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…
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News
Shuttle-hailing firm SWVL set for KES 1.5b cash injection into Kenyan market
Cairo-based shuttle-hailing firm SWVL has announced plans to pump $15 million (KES 1.5 billion) into its Kenyan operations. With this…
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News
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…
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Startups
MEST Africa is investing $100,000 in each of these 11 startups from its 2019 graduating cohort
MEST Africa is investing US$1,1m in eleven early-stage startups from its 2019 graduating cohort. This is the largest single investment…
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Startups
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…
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News
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.…
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Startups
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…
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BUSINESS
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…
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New Appointments
Lori Systems announces new appointments to expand across Africa
Kenyan-based logistics startup Lori Systems has announced the appointment of Uche Ogboi as the company’s Chief Operating Officer and Efayomi…
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Startups
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…
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Startups
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.…
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Startups
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…
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Startups
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…
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Startups
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…
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News
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…
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News
Nigeria’s Venture Garden, Kenya’s Umati Capital & Tanzania’s Ubongo Kids mentioned in Mauritius Leaks tax avoidance claims in Africa
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…
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Startups
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…
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News
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…
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Startups
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…
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Startups
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…
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Startups
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.…
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Startups
[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…
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News
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…
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Startups
Fintech Startups can now apply and pitch at the Finnovation World Kenya Summit
The Finnovation World Kenya summit takes place in Nairobi on June 18. The event will bring together fitench players from…
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