Six ocean-minded entrepreneurs have been selected for the second edition of the OceanHub Africa accelerator programme. Disrupt Africa reported in October 2019 on the launch of OceanHub Africa, an African-based ecosystem enabler and startup accelerator supported by Wesgro, the French Embassy, Dassault Systèmes and the V&A Waterfront. Founded by Stéphanie Canac and Alexis Grosskopf, OceanHub [...] Read more ›
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When Nigerian fintech startup Kuda, which aspires to be Africa’s first fully-fledged digital bank, announced its US$25 million Series A round in March, many were surprised that it came so quickly after its seed round, which was only announced in November of last year. Launched in 2016 as lending platform Kudimoney, Kuda rebranded in June [...] Read more ›
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Impact investment firm Goodwell Investments has launched a new EUR50 million (US$60 million) fund that will channel capital from private investors, family offices and foundations to fast-growing, scalable small and medium-sized companies. The latest Goodwell Investments fund – Goodwell V – is a new multi-sector private equity fund focused on inclusive growth and sustainable development [...] Read more ›
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Tunisia-based B2B expenses management solution Expensya has raised a US$20 million funding round to scale its R&D and fuel international expansion. Founded in 2014 by Karim Jouini and Jihed Othmani, Expensya offers a software-as-a-solution (SaaS) platform that helps businesses of all sizes manage their expenses. So far, it has serviced over 5,000 companies in approximately [...] Read more ›
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Google has opened applications for the sixth class of the Google for Startups Accelerator Africa, which aims to support African tech startups through their crucial growth phases. The Google for Startups Accelerator is a three-month online programme that includes three intensive virtual training bootcamps, mentorship, and Google product support. Applications are open until May 14 [...] Read more ›
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Nigeria’s Flutterwave and Kenya’s Gro Intelligence have been named on TIME’s 2021 list of the 100 Most Influential Companies in the world. The annual list, which features leading firms from around the world, is divided into five categories – Pioneers, Leaders, Innovators, Disruptors and Titans. Nigerian fintech company Flutterwave is listed in the “Pioneers” section, [...] Read more ›
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South African legal-tech startups Legal Lens and BriefCo have secured funding from local VC firm Imvelo Ventures in a cash for future equity agreement to help them scale. Founded and owned by Catherine Paulse, Yusha Davidson and two silent co-founders, Legal Lens and BriefCo were originally two separate companies but have now been pulled together [...] Read more ›
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South African startup BiB has launched what it says is Africa’s first audio library app, hosting exclusive content from the continent.  Available on App Store and Google Play, BiB facilitates the production of African storytelling by acclaimed voice artists. In addition to BiB produced theatre pieces, children’s theatre and series, over 60 titles from the [...] Read more ›
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Three Ghanaian startups will receive equity-free grant funding and support from MEST and the Mastercard Foundation after being named top performers from the beta 2020 cohort of the MEST Express accelerator programme. MEST Express is one of three new programmes, alongside Pre-MEST and MEST Scale, that MEST is currently running in partnership with the Mastercard [...] Read more ›
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Egyptian startup Odiggo, a digital marketplace for automotive spare parts, clocked up one million users over the course of 2020 and is set for international growth after raising funding. Founded in 2018, Odiggo links customers with vendors in order to purchase car parts and accessories. It ensures users get the correct, best quality car parts [...] Read more ›
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Botswanan insurtech startup AlphaDirect has raised a US$600,000 pre-Series A bridge funding round to help it expand into Zambia and South Africa. Founded in 2014 by Arun Iyer, AlphaDirect offers “value-for-money” business and personal insurance products directly to customers. The startup has been growing fast, making US$4.8 million in revenues in the last financial year, [...] Read more ›
12
Bopinc and Village Capital have launched O-Farms, a circular agribusiness accelerator to support entrepreneurs developing innovative solutions for circular agriculture in the region. With support from IKEA Foundation, Bopinc and Village Capital will identify and support startups with solutions for circular agribusiness, so they can make a profit from food products that would otherwise be [...] Read more ›
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Kenyan startup WayaWaya, an artificial intelligence (AI) and machine learning platform that enables borderless banking and payments across apps and social media platforms, has been acquired by another Kenyan company, Ajua, for an undisclosed sum. WayaWaya, a recipient of funding from MEST Africa in 2019, is the company behind Janja, which helps companies automate sales [...] Read more ›
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Egyptian mobile lending app Kashat has secured a funding round from Cairo Angels as it looks to expand its product suite and scale operations. Founded by Sumair Farooqui and Karim Nour and launched last year, Kashat is the first nano lending mobile application in Egypt, offering short-term loans of between EGP200 (US$13) and EGP1,500 (US$95) [...] Read more ›
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Applications have opened for the Smart Cities Innovation Programme (SCIP), aimed at accelerating 30 African tech startups in the fields of mobility, housing and fintech to shape the “African cities of tomorrow”. The SCIP is a joint project of the Special Initiative on Training and Job Creation and “Make-IT in Africa“, which are both implemented [...] Read more ›
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South African fintech startup Paymenow has developed a financial wellness and inclusion platform that allows employees responsible early access to already-earned wages through a mobile app, and uses gamification to promote responsible financial behaviour and encourage saving. The Stellenbosch-based Paymenow was formed in 2019 and went live with its first customer a week before lockdown [...] Read more ›
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Five founders from three startups based in Egypt and Kenya have been accepted into the global Endeavor network, gaining access to various support services to help their companies scale. The Endeavor initiative works to catalyse long-term economic growth by selecting, mentoring, and accelerating the best high-impact entrepreneurs worldwide, and has accepted a host of African [...] Read more ›
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Ghanaian startup Jumeni has launched a platform which allows individuals and businesses to access waste collection and recycling services via USSD, web or mobile app. Originally launched in 2019 to build software for the field service management (FSM) industry, Jumeni has since pivoted into the waste management space, and has launched an on-demand waste collection [...] Read more ›
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We don’t get many of them, so when an African startup gets acquired there is a good reason to celebrate. Especially so in the case of South Africa’s Parcelninja, which put in the hard miles prior to being acquired by the JSE-listed logistics company Imperial in February. Founded in 2013 by Justin Drennan, Ryan Drennan, [...] Read more ›
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Kenyan ed-tech startup Kidato has raised a seed round of US$1.4 million which will be used to finance the company’s growth and further product development. Founded last year, Kidato is an online school for K-12 students that provides a high-quality, affordable education to the growing middle class in Africa, where parents must often choose between [...] Read more ›
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12.03.2026 02:28
Last update: 02:15 EDT.
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