Rwandan startup Viebeg, which provides high-quality medical supplies and equipment throughout Central and East Africa through an innovative data-driven procurement platform, has raised a pre-seed round funding to help it scale. Founded in 2018 by chief executive officer (CEO) Tobias Reiter and chief commercial officer (CCO) Alex Musyoka, Viebeg has built a data-driven logistics platform [...] Read more ›
1
Arab Bank has launched its fintech-focused corporate accelerator programme “AB Accelerator” in Egypt, following its successful rollout in Jordan in 2018.  The launch of this programme in Egypt comes as part of the bank’s strategic efforts to foster and support innovation in the fintech sector towards offering responsive and agile banking solutions in line with [...] Read more ›
3
Startup-focused news and research company Disrupt Africa has announced it is to once again make its flagship annual funding report free to all in an open-sourcing initiative made possible through a partnership with Africa-focused VC firms Novastar Ventures, Quona Capital, 4Di Capital and Future Africa. Every January since 2016, Disrupt Africa has released the African [...] Read more ›
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Ride-hailing service Kai Senegal has raised a round of seed funding from Mobility 54, the corporate venture capital arm of Toyota Tsusho Corporation, to help it scale. Founded in 2018, Kai Senegal is a technology-driven ride-hailing platform that connects customers to drivers via its app, as well as listing various commercial motor vehicles for sale. [...] Read more ›
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Nigerian startup Sabi, a B2B marketplace serving Africa’s informal sector, has secured a seed funding round as it announces the milestone of over 150,000 small business users on its platform. In stealth mode since last year, Sabi is optimising Africa’s informal trade sector by bringing merchants and resellers into its network with curated business tools [...] Read more ›
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South African prop-tech startup Flow is reporting impressive growth figures as it prepares to take on board further investment to supercharge its development. Founded by Daniel Levy and Gil Sperling, Flow goes straight to the source of the largest social platforms in the world – Facebook, Instagram and LinkedIn – to match people with property. [...] Read more ›
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Today, more than ever, Africa is increasingly faced with a food security crisis. With an increasing population projected to more than double by 2050, demand for food is expected to double over the same period. At the heart of it all we have the smallholder farmers who are responsible for about 80% of crop production [...] Read more ›
318
Chari.ma, a B2B e-commerce app allowing traditional proximity store owners in Morocco to order products and have them delivered, has closed a round of funding and announced the acquisition of mobile credit book application Karny.ma. Founded last year by husband and wife team Ismael and Sophia Belkhayat, Chari.ma works with more than 50 per cent [...] Read more ›
203
Nigerian startup ComiBlock has launched a goal-based investing crypto robo-advisor, giving anyone with a smartphone access to planning tools, advice, curated and thematic crypto-portfolios. Launched in February, ComiBlock uses technology to help its users become better crypto investors. “We measure progress by helping our users achieve specific life goals, rather than generating the highest possible [...] Read more ›
3
Egyptian ed-tech startup EYouth, which provides online interactive educational programmes for individuals aged between 18 and 35, is targeting international growth after seeing more than 750,000 people complete its courses so far. Founded in 2016 and taken online in 2018, EYouth designs and builds its own online training courses aimed at helping young people develop [...] Read more ›
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Japan International Cooperation Agency (JICA), in partnership with Ventures Platform Foundation, has announced the Next Innovation with Japan (NINJA) Accelerator Programme Demo Day details. The eight startups selected for the programme’s first cohort will present their ideas to investors and ecosystem stakeholders on August 27th, 2021, during the virtual demo day. NINJA, JICA’s flagship startup [...] Read more ›
1
Nigerian fintech startup Awabah raised US$200,000 in angel funding in July, which it has followed up by banking another US$120,000 after joining the Techstars London accelerator programme. Launched last year by Tunji Andrews, Tina Ajishebiyawo, and Gboyega Olatunde, Awabah is a digital platform providing pension access to Africa’s self-employed. The startup is dedicated to making [...] Read more ›
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South African startup Fanfire has launched to help sports franchises engage with their fans using non-fungible tokens (NFTs). An NFT is a unit of data stored on the blockchain that certifies a digital asset to be unique and non-interchangeable, and can be used to represent items such as photos, videos, audio, and other types of [...] Read more ›
3
Nigerian startup Suplias, a B2B marketplace where mom and pop stores in Africa buy inventory from manufacturers using a mobile app, is targeting even quicker growth and international expansion after raising funding and taking part in the Silicon Valley-based Y Combinator accelerator. Founded last year by Sefa Ikyaator, Michael Adesanya and Stephen Igwue, Suplias saves [...] Read more ›
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Egyptian retail-tech startup MaxAB has acquired Moroccan counterpart WaystoCap as it plots expansion into the Maghreb region after adding US$15 million to the US$40 million Series A round it secured last month. Founded in 2018 by Egyptian and Libyan entrepreneurs Belal El-Megharbel and Mohamed Ben Halim, MaxAB is a B2B e-commerce platform that connects food [...] Read more ›
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Nigerian shared mobility startup Plentywaka, which provides hassle-free shared rides on-demand, has secured US$1.2 million in seed funding and announced the acquisition of Ghanaian startup stabus. Launched in 2019 by Onyeka Akumah, Johnny Ena, John Shaibu and Afolabi Oluseyi, the Lagos-based Plentywaka is a bus-hailing solution that allows commuters to book and pay for trips [...] Read more ›
0
South Africa’s Karri Payments and Kenya’s Kwara are among 11 fintech startups from around the world selected to join the Mastercard Start Path global network to scale innovation. Mastercard’s six-month Start Path programme is a springboard to help the best and brightest startups maximise their opportunity for success, by learning from Mastercard experts and exploring [...] Read more ›
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Nigerian shared mobility startup Plentywaka, which provides hassle-free shared rides on-demand, has secured US$1.2 million in seed funding and announced the acquisition of Ghanaian startup stabus. Launched in 2019 by Onyeka Akumah, Johnny Ena, John Shaibu and Afolabi Oluseyi, the Lagos-based Plentywaka is a bus-hailing solution that allows commuters to book and pay for trips [...] Read more ›
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Egyptian startup Odiggo, a digital marketplace for automotive spare parts, has closed a US$2.2 million funding round to help it continue to expand into new markets. Founded in 2018 by Ahmed Omar and Ahmed Nasser, Odiggo links customers with vendors in order to purchase car parts and accessories. It ensures users get the correct, best [...] Read more ›
3
Kenyan retail-tech startup had added an additional US$100,000 in funding from the Harambeans Prosperity Fund to the US$2 million pre-Series A round it announced last month. Co-founded in 2018 by Tesh Mbaabu and Mesongo Sibuti, MarketForce enables consumer brands to optimise how they deliver essential goods and services to retailers and consumers by bridging the [...] Read more ›
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22.12.2025 23:02
Last update: 22:55 EDT.
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