Nigerian startup FoodLocker, a farm produce and consumer goods aggregator for large buyers, is aiming to secure a sizeable slice of the US$300 billion Sub-Saharan African food market through its innovative and impactful platform. Launched in December 2017, FoodLocker forecasts foodstuff demand through deep machine learning, thus enabling large-scale buyers to efficiently procure fast-moving consumer [...] Read more ›
3
Research, advisory, data analytics and product innovation firm BFA Global has launched a new initiative, working alongside tech startups to improve the livelihoods and resilience of spaza shop owners in South Africa’s townships, following the COVID-19 crisis. Founded in 2006, BFA Global is a research, advisory, data analytics and product innovation firm focused on the [...] Read more ›
1
36 Africa-focused impact funds have been selected for ImpactAssets’ prestigious “IA 50 Impact Fund” list, which is made up of private debt and equity impact investing fund managers representing a broad range of geographies and impact areas of focus. ImpactAssets is a non-profit financial services firm that increases the flow of capital into investments delivering [...] Read more ›
1
Twenty-six solutions have been awarded grant funding after being named winners of the Africa Online Safety Fund, a US$1 million initiative that seeks innovative solutions to online safety challenges. Launched by South African social impact advisory firm Impact Amplifier, Google.org and the UK-based ISD in July of last year, the Africa Online Safety Fund aimed [...] Read more ›
1
Super apps – platforms that offer various services under one umbrella – are proliferating across various emerging markets, including Africa. In recent months, Russia’s Yandex announced its foray into the space, and India’s Tata wants to launch its own super app by early 2021. Other international examples include Gojek, Grab, Rappi, Meituan Dianping, and WeChat. [...] Read more ›
2
Nigerian startup ImaliPay, which leverages artificial intelligence (AI) and big data to offer tailored financial products that promote the inclusion of gig economy platforms and workers across Africa, has raised a round of pre-seed funding to scale more quickly. Co-founded early last year by Tatenda Furusa and Sanmi Akinmusire, ImaliPay offers both new and existing [...] Read more ›
2
VC firm Investisseurs & Partenaires (I&P) has partnered the Mastercard Foundation to support businesses in the education sector to recover from the impact of COVID-19. The partnership creates a US$10.5 million three-year programme that will accelerate 30 education entrepreneurs Ghana, Ivory Coast and Senegal by addressing key challenges related to access, quality, and relevance faced within the [...] Read more ›
1
Kenyan retail-tech startup Powered by People has raised US$1.5 million in seed funding to continue its growth in accelerating the revolution of boutique manufacturing. Powered by People is a mobile-first, distributed manufacturing system offering online tools, financing solutions, and a B2B marketplace to the small and mid-sized enterprises in the creative manufacturing and handmade sector. [...] Read more ›
3
Kenyan company Raise, an end-to-end fundraising platform, has raised US$25,000 funding from VC firm Microtraction to help it build out its platform and scale. Founded in 2018 by Marvin Coleby and Eugene Mutai, Raise launched its alpha in 2019 and went public in June of last year. A simple fundraising and equity management platform for [...] Read more ›
1
Egyptian investment platform Thndr has expanded its product offering after receiving a licence that allows it to facilitate users in trading in mutual funds. Launched last year after it took part in the Silicon Valley-based Y Combinator accelerator, Thndr initially offered users a commission-free, mobile first equities trading platform that makes it easy to invest [...] Read more ›
1
Applications have opened for the I’M IN Accelerator, which offers black female founders access to funding, mentorship and training. Launched in 2015, the I’M IN Accelerator runs an annual cohort for 10 months, backing early-stage black-owned technology startups to achieve sustainable rapid market growth by providing ZAR1.5 million (US$102,000) in pre-seed investment as well as [...] Read more ›
1
South African startup Lightbulb Education is providing tailored learning management systems to both B2B and B2C customers, and has its sights set on pan-African expansion. Founded by Allan Mushabe in 2015, Lightbulb Education offers its services through a Software as a Service (SaaS) model, offering customers access to customised, white labelled, managed and mobile learning [...] Read more ›
1
South African fintech startup Stitch has announced a US$4 million seed round with an impressive global investor line-up as it plans expansion into other regions of the continent. The Stitch API allows developers to connect apps to financial accounts within minutes, allowing their users to share their transaction histories and balances, confirm their identities, and [...] Read more ›
2
Cameroonian fintech startup Diool raised US$3.5 million in funding to scale operations. Diool started life as a mobile recharge project back in 2015, offering small merchants a way to sell prepaid recharges to their customers from a single app, but eventually pivoted into financial services aggregation after realising payment interchanges and financial services access was [...] Read more ›
0
Angolan crowdfunding startup Deya has secured its first round of pre-seed financing of more than US$50,000 to help it further develop its platform and start generating revenue. Founded in 2017, Deya is the first crowdfunding platform in Angola, or indeed any other Portuguese-speaking African country. The startup aims to boost access to finance for social [...] Read more ›
1
Four South African startups have graduated from the London chapter of Founder Institute, the world’s largest pre-seed startup accelerator. Over 475 people applied to the virtual Founder Institute programme, with 60 founders from London and South Africa eventually selected to take part. After an intense four months of aggressive business-building sprints and evaluation and feedback [...] Read more ›
1
Cameroonian fintech startup Diool raised US$3.5 million in funding to scale operations. Diool started life as a mobile recharge project back in 2015, offering small merchants a way to sell prepaid recharges to their customers from a single app, but eventually pivoted into financial services aggregation after realising payment interchanges and financial services access was [...] Read more ›
4
The Section 12J tax breaks for investors, which offered rebates to South Africans if they made investments through approved venture-capital companies, has been abolished. The scheme, so-called because it was part of Section 12J of the Income Tax Act, was introduced in 2008 to encourage investments in startups and SMEs, riskier investments that nonetheless could [...] Read more ›
5
The Lagos-based Co-Creation Hub (CcHub) innovation centre has announced the first round of investments made by the syndicate it launched late last year. Disrupt Africa reported in December CcHub had launched the CcHub Syndicate, an investment vehicle empowering investment firms and high net worth individuals (HNWIs) all over the world to co-invest alongside the hub [...] Read more ›
1
Nigerian ed-tech startup Gradely has unveiled a homegrown, virtual learning management system (LMS) for schools. Founded in 2019 by Boye Oshinaga, Femi Ibiwoye, Seyi Adelaju and Babatunde Caleb, Gradely uses artificial intelligence (AI) to help parents and schools intervene in real-time to plug student learning gaps. The startup, which has raised US$150,000 in pre-seed funding [...] Read more ›
1
Most popular sources
Business Insider
|
26% 3 |
Tom's Hardware
|
12% 6 |
Gizmodo
|
8% 1 |
Vox
|
7% 6 |
Android Authority
|
5% 0 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
23.12.2025 20:56
Last update: 20:50 EDT.
News rating updated: 03:50.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.