The UCT GSB Solution Space has entered phase two of its annual E-Track Programme, a three-part venture acceleration and capacity-building programme for high-impact ventures. Run in partnership between UCT GSB Solution Space and ayoba, the programme starts with the Venture Launch course, and 10 ventures have now moved beyond that to join the 12-week Venture [...] Read more ›
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In April, 10 African tech startups took to the virtual stage for Y Combinator Winter ‘21 batch demo day, pitching to an audience of investors, press, alumni, and other interested parties. The Silicon Valley-based Y Combinator (YC), perhaps the world’s most famous accelerator, is increasingly selecting African tech startups to take part in its programme, [...] Read more ›
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South African prop-tech startup HouseME has closed down after failing to raise a funding round necessitated by the negative impact of the COVID-19 pandemic on its operations. Formed in 2015 and available to the public by the end of 2016, HouseME was a digital platform that connects prospective tenants to landlords with full automation of [...] Read more ›
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Nigerian home financing startup Bongalow has added it its seed round with capital from Africa-focused Japanese venture firm UNCOVERED FUND. Bongalow is a mobile-powered home financing marketplace that enables Africans at home and abroad shop for the best home loan to purchase their desired property. The startup’s mobile-powered home financing platform enables aspiring homeowners to [...] Read more ›
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At the height of the COVID-19 pandemic, economic activities shrank on a global scale. A drastic decrease in revenue generation caused many private companies to downsize or change business strategies. Africa and Asia were not exempt from this. Many startups were faced with fragile social infrastructure, a limitation of public support, and a fragmented supply [...] Read more ›
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It has been echoed and re-echoed in so many quarters that no one can tell the African story better than Africans themselves.  Lisa Nichols, motivational speaker and founder of Motivating the Masses, puts it more elaborately: “No one else can dance your dance. No one else can sing your song. No one else can [...] Read more ›
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The Japan International Cooperation Agency (JICA) has expanded its NINJA Accelerator programme to Nigeria in partnership with Ventures Platform, and selected eight startups to take part in the inaugural cohort. JICA, which coordinates official development assistance for the Japanese government in developing countries, initially launched in NINJA Accelerator in Ethiopia, and expanded it to Kenya earlier [...] Read more ›
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Ghanaian startup DOBIISON, a provider of virtual tours and immersive digital experiences for the real estate, construction and tourism industries, is planning on scaling across Africa this year. Founded in 2018, DOBIISON has built the largest collection of Ghanaian virtual reality (VR) content. Currently at the growth stage, it leverages 360º immersive, interactive content with [...] Read more ›
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South African fintech startup Ukheshe Technologies will expand its footprint into the Asia-Pacific region as it introduces innovative digital-first payment solutions via key partnerships in what is emerging as a lucrative growth market for the B2B payment technology specialist. Ukheshe has developed a technology platform that helps banks and telecoms provide SMMEs with affordable digital [...] Read more ›
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Twelve African fintech startups have been selected to take part in the third edition of CATAPULT: Inclusion Africa, which helps to scale companies focused on financial inclusion. CATAPULT: Inclusion Africa is a series of Fintech for Financial Inclusion development programmes produced by the LHoFT Foundation. The programme targets companies focused on financial inclusion in Africa, [...] Read more ›
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Five female-founded Kenyan startups have each been awarded KES1 million (US$9,000) in grant funding at the culmination of the Women in Tech incubation programme run by Standard Chartered Bank in partnership with @iBizAfrica-Strathmore University. The fourth cohort of the Women in Tech programme was launched virtually in October, attracting 111 applicants. Ten startups were chosen [...] Read more ›
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The internet offers a plethora of e-learning platforms of all shapes and sizes, but very few are specifically geared towards African content creators. Nigerian startup Kobocourse is looking to fill that gap. Formed last year, Kobocourse is a course-hosting platform built for the growing community of content creators and coaches across Africa, which founders Keno [...] Read more ›
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African private equity fund manager Ascent has announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at more than US$100 million, which will be used to invest in small and medium-sized enterprises in East Africa. Ascent said ARVF II significantly exceeded its initial target of US$80 million, with the final [...] Read more ›
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Kenyan public safety and data analytics startup Alatpres Technologies has launched a mobile solution that provides a reliable emergency notification and management solution for citizens, businesses and public safety agencies. Launched in 2020, Alatpres develops technologies that are designed to enhance public safety through empowering communities and various entities in ways that enable more collaboration [...] Read more ›
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Village Capital has announced the 23 early-stage startups selected to take part in Future of Work Africa 2021, an accelerator for startups that are working to help young people find jobs, build careers, and prepare for the future of work. Since 2009, Village Capital has supported more than 1,000 early-stage entrepreneurs through its investment readiness [...] Read more ›
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Four years into its first US$54 million fund, Algebra Ventures has invested in 21 startups, including Trella, elmenus, GoodsMart, and Halan, creating over 20,000 direct and indirect jobs. Its six most established companies are valued at over US$350 million. Disrupt Africa reported last month the firm had announced the launch of its US$90 million second [...] Read more ›
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Nigerian startup Kids Digital Library (KDL) has developed a simple mobile app that provides children with a smart way to learn with videos and books. The KDL app and site offers children between the ages of eight and 15 access to content for educative and creative learning, cutting out irrelevant adverts and allowing for better [...] Read more ›
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Applications have opened for the Uganda Green Enterprise Finance Accelerator (UGEFA), a four-year European Union (EU)-funded project supporting green enterprises with access to tailored loans and direct acceleration support. The UGEFA programme is open to enterprises looking to raise between US$10,000 to US$100,000 in financing, and will also provide successful applicants with targeted support to [...] Read more ›
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Egyptian logistics and last mile delivery company Bosta has raised a US$6.7 million Series A funding round to scale its operations and expand into the GCC. Founded in 2017 by Mohamed Ezzat and Ahmed Gaber, Bosta provides a full-stack delivery solution for e-commerce companies. Its product simplifies logistics, allowing its customers to have full control [...] Read more ›
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Egyptian startup Homzmart, the Middle East’s leading furniture and home goods marketplace platform, has closed a US$15 million Series A funding round to help it speed up its already impressive growth. Hard-launched in early 2020 by Mahmoud Ibrahim and Ibrahim Mohamed, Homzmart is a digital platform connecting home goods and furniture manufacturers and brands with [...] Read more ›
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Most popular sources
Business Insider
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25% 5 |
Tom's Hardware
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22% 17 |
The Verge
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16% 13 |
Gizmodo
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6% 16 |
Slashdot
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6% 0 |
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23.12.2025 09:49
Last update: 09:40 EDT.
News rating updated: 16:43.
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