The Meltwater Entrepreneurial School of Technology (MEST) has opened applications for its next one-year, fully-sponsored entrepreneurial training programme in Accra, Ghana. Launched in 2008, MEST is a pan-African training programme, seed fund and incubator for technology entrepreneurs in Africa, providing critical skills training in software development, business and communications. Applications are open until April 29, [...] Read more ›
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Egypt-based food ordering and restaurant aggregator platform Koinz has raised a US$4.8 million seed funding round to grow its team and expand across the Middle East. Founded in 2018 by Hussein Momtaz, Ahmed Said and Abdullah Al Khalidi, Koinz helps restaurants make smarter business decisions and increase revenue using a data-driven approach. The platform allows [...] Read more ›
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South African startup Iyeza Health has been named winner of the eighth edition of the Sankalp Africa Summit Awards. Sankalp Forum, an initiative of Intellecap, hosted the virtual Sankalp Africa Summit last week, bringing together ecosystem stakeholders to share insights on a variety of developmental topics. Each year, the summit recognises and rewards high impact [...] Read more ›
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South African fintech startup Adumo has raised ZAR225 million (US$15 million) from IFC, a member of the World Bank Group, and the IFC Financial Institutions Growth Fund to expand access to electronic payment solutions, especially for underserved small and medium-sized businesses. Adumo is South Africa’s largest independent payments processor, offering a range of smart payment [...] Read more ›
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Nigerian payments startup Flutterwave has closed a US$170 million Series C funding round, the largest amount ever secured by an African tech startup and one that gives it “unicorn” status with a value of over US$1 billion. Launched in 2016, Flutterwave builds modern payments technology and infrastructure for Africa to enable people and businesses to [...] Read more ›
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Emilian Popa started as an entrepreneur, building Groupon South Africa in 2010, before working with Rocket Internet in Asia, India, Russia, South Africa and Nigeria, and building further ventures in South Africa with Naspers’ funding. He then followed a tried and tested path, becoming an investor himself, working for VC firm DiGAME for four years [...] Read more ›
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Nuru, a developer of hybrid solar off-grids based in the Democratic Republic of Congo (DRC), has raised EUR1 million (US$1.2 million) in funding to scale into more provinces of the country. Founded in 2015 as Kivu Green Energy, Nuru develops and operates urban hybrid solar mini grids in the province of North Kivu in eastern [...] Read more ›
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Zimbabwean freelancing platform AfriBlocks has been selected to take part in the Techstars Seattle accelerator, securing access to mentorship, networks and US$120,000 in funding. Founded in 2020, AfriBlocks is a pan-African freelancing marketplace that connects users with remote working opportunities and manages the process of applying for, getting, and getting paid for work end-to-end. It [...] Read more ›
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Emilian Popa started as an entrepreneur, building Groupon South Africa in 2010, before working with Rocket Internet in Asia, India, Russia, South Africa and Nigeria, and building further ventures in South Africa with Naspers’ funding. He then followed a tried and tested path, becoming an investor himself, working for VC firm DiGAME for four years [...] Read more ›
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Abidjan-based digital transportation startup Moja Ride has secured an undisclosed amount of funding from Toyota Tsusho Corporation as it looks to build out its platform. Moja Ride provides a reservation and cashless payment system spanning multiple transport services, currently including over 1,200 taxis and buses. The startup’s story began back in November 2015, when founder [...] Read more ›
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Ten Nigerian startups have been selected to take part in the iNOVO accelerator, which offers training and mentorship to disruptive solutions to challenges arising from the COVID-19 pandemic. Disrupt Africa reported last month the UK-Nigeria Tech Hub had partnered Ventures Platform and Startupbootcamp AfriTech to launch the iNOVO accelerator, which is targeting innovative ed-tech, agri-tech [...] Read more ›
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Kenya-based B2B and B2B2C insurance-as-a-service platform and API Lami has digitised the entire insurance value chain end-to-end, and is busy expanding its customer base. The Lami platform and API handles things like KYC, pricing, underwriting and claims processing all in one place, and can be used to create, distribute and embed any type of insurance [...] Read more ›
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Nigerian startup Crowdyvest, until now a crowdfunding platform part of the same group of companies as agri-tech company Farmcrowdy, has secured new investment, prompting it to spin out as an independent entity and pivot its model. Launched in 2019, Crowdyvest was created to provide all-in-one financial solutions for individuals and businesses to achieve short or [...] Read more ›
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The Yunus Environment Hub (YEH) has opened applications for its GrowUp Incubator, which aims to support green social businesses working on innovative solutions for sustainable waste management in Kenya, Ethiopia, Rwanda, Tanzania, Uganda and Burundi. Co-founded and led by Nobel Peace Prize Laureate Prof Muhammad Yunus, YEH supports and develops social business solutions addressing environmental issues in a [...] Read more ›
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Kenyan ed-tech startup Kidato has been accepted into the Silicon Valley-based accelerator Y Combinator, banking US$125,000 funding and further support. 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 either public schools with student-teacher [...] Read more ›
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Nigerian startups Autochek and Okra have partnered in order to offer users of the former access to digital car loans facilitated by the latter. Autochek aims to build digital solutions that will enhance and enable a seamless and safe automotive commerce experience across Africa, starting with Nigeria and Ghana. It plans to use technology to [...] Read more ›
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The French-African Foundation has relaunched and expanded is Young Leaders programme for 2021, after the suspension of the 2020 recruitment campaign due to the COVID-19 crisis, and applications are now open. Established in February 2019, the French-African Foundation aims to identify, bring together and promote the most promising talents on the French and African economic, [...] Read more ›
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Morocco-based real estate portal Mubawab has received a US$10 million cash injection to accelerate its expansion in the Maghreb region and develop its technology. Founded in 2011 by current chief executive officer (CEO) Kevin Gormand, Mubawab allows sellers and landlords to advertise their properties in Morocco and Tunisia, and has two million visits to its [...] Read more ›
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South Africa-based, Africa-focused venture capital (VC) firm HAVAÍC has announced the launch of its newest fund, which has now achieved its second close. HAVAÍC is an investment and advisory firm that specialises in investing and supporting early-stage, high-growth post-revenue African businesses driven by technology with global prospects. As a complementary offering, it provides corporate advisory [...] Read more ›
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The European Commission has granted EU1.9 million (US$2.3 million) to DIGILOGIC, a new project that sees European and African innovation hubs collaborate to enable innovators, startups and SMEs to jointly develop smart logistics solutions in close cooperation with industries and investors. The three-year DIDGILOGIC project aims to boost cooperation and long-term, sustainable partnerships between European [...] Read more ›
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23.12.2025 19:05
Last update: 19:00 EDT.
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