Somalian incubator SIMAD iLab has undergone an upgrade and expanded its offering after making a serious impact on the local startup ecosystem in the five years since its launch. Founded in 1999, SIMAD University is a private university based in the Somali capital of Mogadishu. It offers a range of undergraduate courses, but five years [...] Read more ›
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South African startup Scale has launched what it claims to be Africa’s first fintech agency, built to help startups in the sector overcome the challenges many face in the early years of running a business. Between 2017 and 2023, the number of fintech startups active in Africa increased by 125.2 per cent, yet the rapidly [...] Read more ›
50
South African mobility startup WhereIsMyTransport has closed down after failing to secure the necessary funding to continue operating. Formed in 2016, WhereIsMyTransport is a big data platform for sustainable mobility in emerging markets, which connects and collects data and integrates this information on its open data platform. Its products are used by cities to coordinate [...] Read more ›
5
South African legal-tech startup Contract Understanding has launched operations, providing an artificial intelligence (AI)-powered software-as-a-service (SaaS) solution to transform how companies manage legal contracts. Launched earlier this month, Contract Understanding has developed an AI and machine learning powered platform that streamlines contract management which, up until now, has been a cumbersome, error-prone, and a time-consuming [...] Read more ›
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African agri-food startups can apply for the THRIVE Global Accelerator programme, designed specifically to support seed through Series A companies and prepare them for growth and scalability. The 12-week THRIVE Global Accelerator supports companies across the agri-food value chain, and places a strong emphasis on companies creating a sustainable future through innovation. A mix of [...] Read more ›
0
Describing itself as the “Square for Africa”, in reference to Twitter founder Jack Dorsey’s renowned payments platform, Ghanaian startup Blu Penguin provides an in-store PoS system for merchants so they can accept money from all channels on a single app. In Africa, over 85 per cent of commerce still happens in-stores between customers and attendants. [...] Read more ›
6
Infoprive, a leading cybersecurity company, proudly announces its rebranding as Cybervergent, a pioneering technology company dedicated to revolutionising the cybersecurity landscape in Africa. This strategic shift marks a significant milestone, showcasing its unwavering commitment to pioneering the future of the continent’s cybersecurity through innovation, automation, and all-encompassing scaled solutions. The Cybervergent brand was unveiled officially at [...] Read more ›
0
Egyptian ed-tech startup OBM Education has announced a six-figure funding round to enhance its footprint in Saudi Arabia. Founded in 2020 by Omar El-Barbary and Ezz El-Din Farag, OBM helps pre-university students choose their college majors and provides them with access to career advice and training programmes. The startup’s Taleb Super App has been a [...] Read more ›
2
African entrepreneurs have been named winners of 13th Orange Social Venture Prize in Africa and the Middle East (POESAM), securing various cash prizes. Launched in 2011, the award recognises innovative startup projects using information and communication technologies that have a positive impact on society in Africa and the Middle East. Most of the projects focus [...] Read more ›
0
AAIC Investment has announced new backing for its Africa Healthcare Fund 2 (AHF2), taking the total size of its two funds to US$87 million. Established in 2013 and headquartered in Singapore, AAIC Investment is the fund management arm of AAIC Holdings. It began supporting the activities of corporate venture capital (CVC) arms of Japanese corporations [...] Read more ›
6
Ghanaian startup Kofa, a forerunner in battery network solutions, has partnered TAILG Group, a leading electric vehicle brand from China, to launch the Jidi electric motorcycle, equipped with an innovative battery swap technology. Kofa aims to create an affordable and customer-driven electricity network powered by portable batteries and renewable energy. Its Kofa Swap & Go [...] Read more ›
2
Ten African startups have been selected to take part in the fourth edition of Startupbootcamp AfriTech’s ASIP Accelerator Programme, securing US$18,000 in funding and three months of mentorship, access to resources, and networking opportunities. Startupbootcamp AfriTech was launched in 2017 as the first multi corporate-backed pan-African startup accelerator. Disrupt Africa reported in March 2021 it [...] Read more ›
0
To the uninitiated, the world of venture capital is a mysterious one, with many assuming VC fund managers are just rich men and women looking to get even richer. That isn’t really the case, however, and in episode eight of Disrupt Africa’s “The month in VC” podcast series, powered by Katapult Africa, Hlayisani Capital and [...] Read more ›
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Among the first concerns for a newly established online store is choosing the right hosting provider. However, before diving into hosting options, it is crucial to address the foundation of your web presence – the domain name. Why is the Domain Name Important for a Business? A domain name is not merely an address; it [...] Read more ›
0
VALR, the largest South African crypto exchange by trading volume, and Visa, the world’s largest card network, have announced a strategic partnership for the issuance of Visa cards and delivery of other digital payment solutions. Established in 2018, VALR is a digital asset platform that allows customers to buy, sell, store and transfer Bitcoin and [...] Read more ›
1
MTN South Africa has launched Xlerator, an enterprise supplier development (ESD) programme through which it plans to increase its procurement spend by ZAR4 billion (US$209 million) over two years with 51 per cent black-owned SMMEs. The Xlerator programme plans to double the number of SMMEs on MTN’s supplier database and will uplift them through business [...] Read more ›
1
Ghanaian startup PAL is an e-money payment infrastructure and liquidity provider acting as an off-ramp for global enterprises and African businesses wanting to innovate cost-effectively within the Francophone Africa market. Founded in January 2020 by Dady Maël and Kader Saka, PAL allows African businesses to facilitate cross-border payments to bank accounts and mobile wallets within [...] Read more ›
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According to Disrupt Africa’s Tech Startups Funding report, the total funding raised by African founders in the first half of 2023 is down more than 50% compared to the same period in 2022. While the funding outlook looks grim in the short term, founders looking to raise should focus on building a strong network in [...] Read more ›
2
Egyptian ed-tech startup Crafty Workshop has secured US$400,000 in a seed funding round led by EdVentures, which it will use help expand its product offering and expand regionally. Founded in 2019 by Hadeer Shalaby and Amgad Moustafa, Crafty Workshop is an online learning platform that provides a wide range of creative courses and workshops spanning [...] Read more ›
0
Kenyan and Rwandan startups are invited to apply for the Smart Cities Innovation Programme (SCIP) aimed at quickly scaling solutions shaping the future of urban living in Africa. Run by Westerwelle Startup Haus Kigali in partnership with GIZ, Make IT in Africa, Nairobi Garage and Ambo Venture (Kenya), the SCIP is aimed at tech startups [...] Read more ›
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Most popular sources
Business Insider
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24% 8 |
The Verge
|
9% 2 |
Tech Wire Asia
|
8% 1 |
Tom's Hardware
|
8% 6 |
Eurogamer.net
|
6% 3 |
| View sources » | |
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27.11.2024 12:55
Last update: 12:51 EDT.
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