South African fintech startup Troygold, which enables gold owners to digitise physical gold and use it for day-to-day transactions via a mobile app and gold-backed Mastercard, already has over 5,00 users across its two markets – South Africa and Singapore. Founded in 2018 by brothers Bastiat and Dane Viljoen, Troygold digitises gold bullion and Krugerrands [...] Read more ›
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South African startup Ctrl, a digital short-term insurance marketplace connecting consumers, brokers and insurers on a single platform, has become the sixth startup to raise funding from Naspers Foundry, securing ZAR34 million (US$2.335 million) to help it scale. Launched in May 2017, Ctrl enables traditional insurance brokers to digitalise and optimise their businesses, and provides [...] Read more ›
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The son of a Ghanaian father and a Slovakian mother, Mike Mompi lived in each country briefly in his adolescent years before spending most of his youth and studies in California. Yet he always seemed destined for an international lifestyle. “I have lived and worked across four continents, partially driven by my insatiable curiosity for [...] Read more ›
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Cairo-based e-health and teleconsultations platform Estshara has raised a US$500,000 seed funding round to expand its user base by providing extra offerings and customer care activities. Founded in 2018 by Amin El-Hemaily and Ahmed Mahmoud, Estshara provides health consultations and telepharmacy services to over two million users, and has facilitated more than 200,000 consultations to [...] Read more ›
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Raya Customer Experience (RCX), a subsidiary of Raya Holding, has launched its corporate accelerator programme in Cairo, which aims to invest in and work with early-stage startups that offer tech-enabled solutions to address challenges facing the customer care field across all sectors. The Raya FutureTECHm programme, which will run in partnership with venture builder and [...] Read more ›
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The son of a Ghanaian father and a Slovakian mother, Mike Mompi lived in each country briefly in his adolescent years before spending most of his youth and studies in California. Yet he always seemed destined for an international lifestyle. “I have lived and worked across four continents, partially driven by my insatiable curiosity for [...] Read more ›
0
Egypt and Saudi Arabia-based edutainment platform Jeel has received US$1.2 million in seed funding to accelerate its growth, launch more features and expand its team. Founded in 2019 by Ahmed Sobaih, Jeel provides children with educational content including songs, games and videos under parental supervision. Jeel App serves children aged between three and nine years [...] Read more ›
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Universities of Canada in Egypt (UofCanada) and Ryerson University’s the DMZ have launched a new incubator programme aimed at supporting scalable startups and igniting a new wave of innovation in Cairo. The DMZ Cairo sector-agnostic incubator will support the growth of high-potential tech startups based in Egypt’s capital, offering fully-furnished workspaces, one-on-one guidance from dedicated [...] Read more ›
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Nigerian startup Seerbit is a payment processing platform that enables fast, seamless, inclusive and secure payments to local and global companies active on the continent. Think Stripe, but Africa-optimised. The startup has its roots as far back as 2011, when founder Omoniyi Kolade founded Centric Gateway – a pan-African fintech company that provides customised payment [...] Read more ›
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DFS Lab in collaboration with the Stellar Development Foundation (SDF) has launched a call for applicants for a Blockchain Bootcamp, designed to give early to mid-stage startups in Africa an opportunity to build on Stellar, an open-source blockchain network for financial services and products. The bootcamp is a virtual three-day design sprint allowing participating companies [...] Read more ›
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Nigerian fintech startup Chaka has raised a US$1.5 million pre-seed funding round as it aims to expand its footprint to Ghana and other West African markets. Chaka is a platform that provides tech services, marketing, customer service and operations to brokers on behalf of their customers. It provides unrestricted access to more than 4,000 stocks [...] Read more ›
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The South Africa-based VC firm Vantage Capital has launched its fourth mezzanine fund, which will provide mid-sized African businesses with flexible capital that will enhance job creation and facilitate much-needed economic opportunities and growth. Founded in 2001, Vantage Capital is Africa’s largest mezzanine fund manager with offices in Johannesburg and Cape Town. The business has [...] Read more ›
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Johannesburg-based online marketplace for home services Kandua has raised a “significant” pre-Series A funding round to help it expand its product offering and grow further. Founded in 2014 by Arjun Khoosal and Sayo Folawiyo, Kandua helps anyone who needs work done in their home – from small fixes to major renovations – to find a [...] Read more ›
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Customer experience (CX) is not something you’ll hear often in Venture Capital circles – whether in Nigeria or around the world. The nature of the VC business model fosters a perception of VCs being at the top of the food chain, write Titilayo Oladimeji and Oluwatoyin Ashipa. You may ask why VCs should care about [...] Read more ›
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South African employee wellness platform Strove has closed a ZAR4 million (US$277,000) seed funding round to help it on its road to expansion to the United Kingdom (UK). Founded in 2020 by Chris Bruchhausen in partnership with venture builder The Delta, Strove is an activity-based mobile rewards application that empowers organisations to inspire their employees [...] Read more ›
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Egyptian digital healthcare platform Vezeeta has rolled out a B2B SaaS solution that enables healthcare entities, both small and large, to enhance their patients’ healthcare experiences through a digital-first approach. Launched in 2015 in Cairo, Vezeeta allows millions of patients across multiple countries in the Middle East and Africa to search, book and review the [...] Read more ›
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EGBank and Cairo Angels have opened applications for the latest edition of the MINT Incubator, which helps startups grow and become investment-ready. Cairo Angels – which invests in and supports startups across the Middle East and Africa – and EGBank partnered to launch the three-month equity-free MINT Incubator in 2018, and there have been several [...] Read more ›
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South African startup Contro, an online prescription and delivery service for sexual health and confidence products such as birth control and erectile dysfunction treatment, has begun life with a bang, so to speak, clocking up over 100 users and banking pre-seed funding. Launched in May, Contro allows individuals to obtain a repeat prescription for either [...] Read more ›
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Customer experience (CX) is not something you’ll hear often in Venture Capital circles – whether in Nigeria or around the world. The nature of the VC business model fosters a perception of VCs being at the top of the food chain. You may ask why VCs should care about customers? Who even is a VC’s [...] Read more ›
0
South African fintech startup Akiba Digital, which is lowering the barriers to entry to enable small businesses to unlock financing through their lending partners, has raised over US$1.1 million in pre-seed funding to help it grow its market share. Founded in 2017, Akiba Digital enables lenders to better extend capital to small businesses and individuals, [...] Read more ›
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23.12.2025 02:50
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