Egyptian fintech startup Telda has raised a US$5 million pre-seed funding round, led by Sequoia Capital, as it looks to build on a strong first month of operations. Founded in April by Ahmed Sabbah, Swvl’s co-founder and former CTO, and Youssef Sholqamy, ex-senior engineer in Uber’s infrastructure team, Telda offers digital banking services that cater [...] Read more ›
3
South African startup SpaceMatch has launched an online portal that allows landlords with available space to list their properties for prospective tenants to view and secure for rental. SpaceMatch allows owners of retail, exhibition or popup space to list their sites for free, while space users register on the site and apply to rent spaces [...] Read more ›
8
A new GSMA Innovation Fund is looking for startups in Africa, South Asia or Southeast Asia leveraging digital technology to deliver urban services with socio-economic, commercial and environmental impact. The GSMA Innovation Fund for Digital Urban Services is the latest such fund run by the GSMA, after other focused offerings in 2020, 2019 and 2018. [...] Read more ›
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Egyptian fintech startup Telda has raised a US$5 million pre-seed funding round, led by Sequoia Capital, as it looks to build on a strong first month of operations. Founded in April by Ahmed Sabbah, Swvl’s co-founder and former CTO, and Youssef Sholqamy, ex-senior engineer in Uber’s infrastructure team, Telda offers digital banking services that cater [...] Read more ›
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Nigerian startup BFREE, which focuses on improving consumers’ financial health through a tech-enabled, credit management solution, has raised a US$800,000 seed funding round to help it scale. The Lagos-based BFREE was founded last year by Chukwudi Enyi, Moses Nmor and Julian Flosbach, and already manages more than 300,000 customers for the majority of leading lenders [...] Read more ›
14
Rwanda’s Munyax Eco and Zambia’s WidEnergy have secured investment from female-focused fund Opens-LCEF, an impact investor that provides catalytic capital to early-stage social enterprises in emerging markets. Open-LCEF has a portfolio of 17 investments across 11 countries, seven of which operate in East Africa, and has established the Restart East Africa initiative to address the [...] Read more ›
15
Early-stage African tech startups have been invited to apply for support from Bayer Foundation, which helps impact startups validate their solutions. Every year, Bayer Foundation partners the Ingolstadt School of Management in the Social Impact Startup Academy (SISTAC) to help entrepreneurs from Sub-Saharan Africa validate and prove their solutions, with the goal of helping these [...] Read more ›
33
South African startup Enlabeler is reporting serious growth over the last couple of years, operating in the valuable “data labelling” niche. Founded in 2019, Enlabeler is a data labelling service provider and offers end-to-end solutions for the classification, cleaning-up and labelling of datasets. “Our platform turns raw, unlabelled data into high-quality training data. Our team [...] Read more ›
9
Four South African startups have secured an additional ZAR500,000 (US$35,000) in funding as well as further support after moving into the second phase of the AlphaCode Incubate programme’s demo day. Disrupt Africa reported in February 10 South African fintech startups have been selected for the three-month AlphaCode Incubate programme, which provides funding, guidance, co-working space [...] Read more ›
9
Kenyan startup Mazi Mobility has launched its electric motorcycle fleet with backing from global venture builder Satgana. Mazi Mobility is using motorcycles, locally known as “bodas”, to accelerate the transition to efficient, affordable and clean transport in Nairobi. Its flagship motorcycle, the Magnus 3000 (M3K), is a better alternative to petrol-driven bodas, while the startup [...] Read more ›
6
The Norway-based accelerator Katapult has launched a new climate-focused vertical with the intention of supporting founders with innovative solutions addressing climate challenges. Katapult Climate is powered by Lundin Foundation, and will accelerate the growth of climate tech startups by providing training, technical expertise, access to networks, and investments of between US$150,000 and US$400,000. The 12-week [...] Read more ›
14
Nigerian startup CDcare has developed an online marketplace that lets users buy appliances and pay in monthly or weekly instalments at zero interest. CDcare combines savings and loans features in its marketplace, allowing users to automate the payment of a monthly or weekly amount towards buying an appliance. When up to half of the cost [...] Read more ›
6
Tunisian ed-tech startup GoMyCode has launched operations in Algeria, Morocco, Nigeria, Ivory Coast and Egypt, as well as Bahrain and France, as it expands in the wake of a funding round secured last year. Founded in 2017, GoMyCode started life as a coding school but now offers different types of training programmes for technology and [...] Read more ›
14
African agri-tech startups are invited to apply for the GoGettaz Agripreneur Prize, which aims to find Africa’s brightest young agri-food entrepreneurs and will award US$50,000 in cash to each of two winners. The GoGettaz Agripreneur Prize, won last year by startups from Tanzania and Rwanda, is searching for agribusinesses that bring technology, innovation and passion [...] Read more ›
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We have not even reached the halfway point of 2021, but already it seems nailed on that the year will break all sorts of funding records – with the surge in investments led by the Nigerian fintech space. The landmark acquisition of Paystack by Stripe back in October seems to have set an unstoppable train [...] Read more ›
12
Nigerian startup Classes.ng has launched its free and open marketplace for classes, where tutorial centres, freelance tutors, schools, universities, training institutions and online institutions can list courses and programmes that are instantly available for registrations and enquiries. Launched in September 2020, Classes.ng aims to provide a listing platform for “classes” of all kinds, driving more [...] Read more ›
12
The Ghana-based Startup Cafe Africa has launched an accelerator programme to help startups from across Africa disrupt their markets. Supported by iSpace, HatuaTech, Tribe Capital, GhLondoners network, InvestPro and HatuaOnPoint, Startup Cafe Africa aims to equip successful applicants with the skills, resources and support needed to grow and scale these companies in emerging African markets. [...] Read more ›
15
Ugandan startup eebo has developed a video platform to help creators of movies, music or educational content to get discovered and monetise. The eebo story began in May 2019, when Austrian Agnes Aistleitner arrived in Uganda and was “perplexed” about the high cost of internet in the region, and knew instantly she had stumbled upon [...] Read more ›
20
Egyptian VC firm Algebra Ventures is planning on making its first investments in East and West Africa once it raises its second fund, which has a target size of US$90 million. Disrupt Africa reported last month Algebra Ventures had announced the launch of its US$90 million second fund, which is targeting a first closing in [...] Read more ›
9
African startups in the fintech, e-health, logistics, agriculture, renewable energy and digital solutions spaces have been invited to apply to the new Scale-Up programme run by Pangea accelerator, which offers access to funding, coaching and partnerships. The new Scale-Up programme from Pangea is looking for agile, flexible, and hungry entrepreneurs with tech solutions and existing [...] Read more ›
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Most popular sources
Business Insider
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29% 6 |
The Verge
|
20% 16 |
Tom's Hardware
|
9% 18 |
Gizmodo
|
8% 5 |
Slashdot
|
7% 2 |
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23.12.2025 11:45
Last update: 11:40 EDT.
News rating updated: 18:41.
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