StartUps
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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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News
Kenya among African countries set to benefit from Microsoft’s Cloud Accelerator Programme
Microsoft has announced it is extending the reach of its Cloud Accelerator Programme to eight more countries including Kenya. The Cloud…
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Startups
Azuri Technologies raises $26M expand its solar energy distribution efforts to new African markets
Azuri Technologies has raised $26 million led by Japan’s Marubeni Corporation with additional participation from existing shareholders, including IP Group…
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News
Africa50 Innovation Challenge seeking solutions to help increase access to internet in Africa
Africa50 has launched the Africa50 Innovation Challenge to look for innovative solutions to help increase access to high-speed internet in…
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Startups
This startup wants to be Africa’s biggest fashion resale website and its launching in Nairobi
Rebivo, the startup that aim’s to be Africa’s biggest fashion resale website is launching in Nairobi. The startup through its…
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Startups
Cortex Group launches VC fund for AI-Only focused startups in Africa
African Artificial Intelligence (AI) Software and Solutions company Cortex Logic has launched a new fund for AI-focused startups. Known as…
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Startups
Delivery firm Glovo partners with Simbisa Brands for food deliveries in Nairobi
Global Delivery firm Glovo recently secured a $169M Series D funding round led by technology entrepreneur VC Lakestar, and Drake,…
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Startups
How to qualify and apply for Jack Ma’s US$10 Million Africa Netpreneur Prize Initiative
African startups seeking to clinch a share of $10 Million of The Africa Netpreneur Prize Initiative courtesy of the Jack…
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Startups
![[Podcast] What makes a startup African? - Jumia](https://techtrendske.co.ke/wp-content/uploads/2019/05/Jumia.jpg)
[Podcast] What makes a startup African?
In this episode of our Africa Startup Roundup podcast, Nick and Allan discuss the recent listing of Jumia New York…
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Startups
E-healthcare startup MYDAWA secures $3M funding from Africa HealthCare Master Fund
Kenya’s leading e-healthcare platform MYDAWA, has secured a $3M investment from Africa HealthCare Master Fund. This is the first round…
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Startups
Delivery app Glovo secures $169M funding
International delivery app Glovo has secured a $169M Series D funding round. The round was led by technology entrepreneur VC…
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Startups
Podcast startup PortableVoices opens its first recording studio in Nairobi
PortableVoices, a Kenyan audio production, and podcast startup has opened its first recording studio in Nairobi. The startup, which is…
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Startups
World Bank allocates US$200 Million to support SMEs in Egypt
The World Bank has approved the allocation of $200 million to support SMEs in Egypt. The fund will focus on…
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Startups
This South African-founded podcast startup has just been acquired by global podcasting company Acast
South African-founded podcast technology startup Pippa has been acquired by large global podcasting company Acast. Pippa provides people who create…
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News
[Podcast] Why Brands Should Pay Attention to Audio Content Marketing
In this latest episode of Africa Startup Roundup, we sat down with Allan, the founder of Portable Voices, a Kenyan audiobook…
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Startups
Seedstars is launching a $100M fund to invest in African tech startups
Seedstars has announced a new partnership with Paris-based First Growth Ventures to launch a $100 million fund to invest in…
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Startups
Mettā Nairobi kicks off its Clean Energy Accelerator Program
Mettā Nairobi in Partnership with What Design Can Do (WDCD), Social Enterprise NL and IKEA Foundation has announced the launch…
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Startups
Branch raises $170 million funding round, announces new partnership with Visa
Visa and Branch International, have announced a partnership that will see virtual Visa prepaid debit cards offered to over 2…
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Startups
Standard Chartered launches its first Africa eXellerator innovation hub in Kenya
Standard Chartered Bank today opened its Africa eXellerator innovation hub in Kenya to support and work with fintechs in the…
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Startups
Partech Africa Report: African tech startups raised US$1.163 billion in equity funding in 2018
African tech startups raised a total of US$1.163 billion in equity funding in 2018. This is according to the Partech…
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Startups
Jack Ma’s US$10 Million Africa Netpreneur Prize Initiative opens applications
African entrepreneurs can now apply for the Africa Netpreneur Prize Initiative (ANPI). The US$10 million Prize competition founded by the…
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Startups
Tanzanian Edtech startup Ubongo wins Next Billion Edtech Prize
Tanzanian EdTech startup Ubongo has won the ‘Next Billion’ Edtech Prize 2019. The startup was voted for by delegates at The…
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Startups
DEMO Africa is heading back in Morocco in partnership with APEBI
The Federation of Information Technology, Telecommunications and Offshoring (APEBI) and DEMO Africa have today announced a partnership that will see…
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Startups
Global Logistics Platform Kobo360 to Launch in Ghana and Kenya
Kobo360, the technology logistics platform, today announced that it will expand operations into Accra, Ghana and Nairobi, Kenya. The announcement…
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Startups
List of African Startups taking part in the third Google Launchpad Accelerator Africa programme
Google has announced the 12 African startups that will take part in its third class of its Launchpad Accelerator Africa…
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Startups
Ampion and Plutos Ventures launch new venture to invest in African startups
Africa-focused Ampion and Berlin-based Plutos Ventures Holding have announced the founding of Ampion Ventures to support African startups. The goal…
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Startups
Two African Startups – Kenya’s MumsVillage and Sierra Leone’s Mosabi make it to Gray Matters Capital Calibrator program
Two African startups, Kenya’s MumsVillage and Sierra Leone’s Mosabi have made it to the second cohort of Gray Matters Capital’s…
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Startups
Nigeria’s OneFi secures $5M Debt Facility from Nairobi-based Lendable
Nigeria’s fintech startup Finance Limited (OneFi) has today announced that it has secured a $5M debt facility for its consumer-facing…
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Startups
3 Kenyan Startups Selected To Pitch At The ‘Next Billion’ EdTech Prize In Dubai
Next Billion EdTech Prize was founded in 2018 by Indian billionaire Sunny Varkey’s Varkey Foundation, to recognize innovation in education…
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Startups
Regional partners for Jack Ma’s Africa Netpreneur Prize Initiative named
A few weeks after announcing that it will officially call for applications starting from the 27th of March 2019, Jack…
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Startups
Nigeria’s Fintech Startup TeamApt closes $5.5M Series A Round To Scale Into Additional Markets
TeamApt, a Nigerian startup that provides digital solutions and payment infrastructure for Africa, has closed on a $5.5M Series A…
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Startups
List of 50 tech startups selected for the second annual MEST Africa Challenge
MEST Africa has announced the 50 startups that have been selected to take part in the second annual MEST Africa…
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Startups
Applications for the Sanofi VivaTech challenge extended to February 22nd
Global pharmaceutical company Sanofi has announced the extension of the registration period for the call for proposals for this year’s…
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Startups
BRCK acquires local public WiFi provider Surf
Hardware and connectivity startup BRCK has announced that it has acquired local public WiFi provider Surf and parent company EveryLayer.…
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News
Jack Ma’s Africa Netpreneur Prize Initiative applications open in March 2019
The Africa Netpreneur Prize Initiative (ANPI) will officially call for applications starting from the 27th of March 2019. ANPI is…
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Startups
Startups: Why you should apply for the Sanofi VivaTech 2019 challenge
Viva Technology (Vivatech), an annual technology conference, dedicated to innovation and startups takes place in less than three months. The…
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Startups
South African AI Startup, Cortex Logic, Secures Investment To Grow Business Beyond Africa
South African based Artificial Intelligence Software & Solutions provider Cortex Logic has secured growth investment to expand it’s reach to…
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News
Startups: Here’s how to qualify and apply for the Sanofi VivaTech challenge
Pharmaceutical company Sanofi recently launched three challenges for African healthcare startups to find innovative solutions that can help improve access…
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Startups
Kalon Venture Partners leads a $1.5M round investment into SA startup Flow
South African venture capital firm Kalon Venture Partners has announced a lead investment of $1,465,400 in local proptech platform Flow, an…
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Startups
Sanofi VivaTech challenge calling on African startups to innovate health, here’s how to apply
Sanofi Kenya has launched three challenges for African startups in partnership with VivaTech. The challenges are for the startups to…
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Startups
MEST opens applications for its $50 MEST Africa startup Challenge
MEST Africa has opened applications for its second annual MEST Africa Challenge, a Pan-African pitch competition for tech scale-ups based…
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Startups
Branch raises Ksh 500M arranged by Centum-owned advisory firm, Barium Capital
All commercial paper issuances have been arranged by the Centum-owned advisory firm, Barium Capital. This latest investment will be used…
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Startups
Africa’s 50 most funded tech startups in 2018 raised a total of $618M, Digest Africa
Africa’s 50 most funded tech companies in 2018 raised a total of $618M. This is according to the Digest Africa…
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Startups
Five agritech startups win seed funding at Senegal Startup Accelerator
Five young Senegalese entrepreneurs have been selected to receive six months of business incubation and $2,000 seed-funding from the Senegal…
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Startups
M-KOPA raises new funding from Japan’s Sumitomo Corporation
M-KOPA has raised funding from Japanese multinational, Sumitomo Corporation to empower homes and small businesses. The deal was announced on December…
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Startups
South Africa’s insurtech startup Pineapple accepted into US Insurance accelerator
More than a year and a month after insurance tech startup Pineapple raised R5.2m from Lireas Holdings, the strategic investment…
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Startups
Uganda’s Ultra-affordable ultrasound startup M-SCAN wins TechCrunch Startup Battlefield Africa 2018
Uganda’s ultra-affordable ultrasound startup M-SCAN is the winner of TechCrunch Startup Battlefield Africa 2018. The startup was crowned as Sub-Saharan…
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News
Cellulant is building a single payments API for Africa’s fintech companies
Cellulant has announced plans to build an application programming interface (API) for Africa’s payments companies to solve payment problems in…
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Startups
12 South African startups selected for Knife Capital’s 4th Grindstone Accelerator
South African venture capital firm Knife Capital has announced the twelve African startups that will take part in its fourth…
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Startups
Standard Chartered’s ‘Women in Tech’ accelerator program has attracted over 180 women-led startups
Standard Chartered’s ‘Women in Tech’ accelerator program has attracted over 180 women-led startups. The startups will, however, be reduced to…
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Startups
Two Kenyan startups among Google’s Launchpad Accelerator Africa program graduates
Two Kenyan startups, Cloud9xp and PayGo Energy were among the second class of 11 startups who graduated yesterday from Google’s Launchpad Accelerator Africa…
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Startups
Johnson & Johnson has Launched a US$50,000 Africa Innovation Challenge 2.0
Johnson & Johnson has launched the Champions of Science Africa Innovation Challenge 2.0, a continent-wide competition calling on African innovators to…
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