PEG Africa, a leading distributed energy company, passed US$1 million of sales from hundreds of pump installations in 2020. PEG Africa is a leader in deploying and financing solar products to rural and peri-urban households and SMEs in West Africa. It focuses on providing embedded finance for useful and productive assets, such as solar home [...] Read more ›
0
Kenyan solar irrigation startup SunCulture has received a US$11 million debt funding round to expand its operations across Sub-Saharan Africa. Founded in 2013, SunCulture offers solutions tailored to smallholder farmers, combining technology with pay-as-you-go (PAYG) financing and value-add services. Claiming to be the first company to commercialise solar-powered irrigation in Africa, SunCulture currently reaches customers [...] Read more ›
1
South African money transfer startup Mama Money, which allows users to send money to more than 50 countries from their phone, saw growth of over 500 per cent in volumes during 2020, and now has more than one million users. Founded in 2013 by Mathieu Coquillon and Raphael Grojnowski, Mama Money aimed to drastically reduce [...] Read more ›
3
The UAE-based Aldar Properties has launched its corporate innovation programme, Aldar Scale Up, which will work with global prop-tech startups to provide them with growth opportunities. Aldar has partnered with startAD, the Abu Dhabi-based global accelerator at NYU Abu Dhabi, and Tamkeen to launch the virtual market access programme, which will provide selected startups with [...] Read more ›
1
Kenyan startup LipaLater, a tech-driven consumer credit platform, launched in Rwanda towards the end of last year and shall be expanding into Nigeria and Uganda in 2021 after securing investment. Formed in 2016, LipaLater leverages data analytics to provide consumers with access to convenient and affordable credit. “In simpler words, we seek to promote affordable [...] Read more ›
2
Ghanaian startup Stars From All Nations (SFAN) has raised a US$250,000 pre-seed funding round as it prepares to launch its career accelerator platform ReadyForWork. Founded in 2016 by Tom-Chris Emewulu, SFAN is an education company that aims to unlock the potential of African youth through events and an immersive career accelerator called ReadyForWork, which is [...] Read more ›
2
South African security and medical response startup AURA has launched what it claims is the world’s first WhatsApp security chatbot in partnership with Tracker, one of the country’s most trusted names in stolen vehicle recovery. AURA has developed a cloud-based security and safety platform that provides on-demand, geographically-variable security responses from an aggregated collection of [...] Read more ›
1
Applications have opened for this year’s edition of the Anzisha Prize, which offers young African entrepreneurs a chance to win a shared prize of US$100 000 and join a fellowship programme. The Anzisha Prize, a partnership between African Leadership Academy and Mastercard Foundation, is now in its 11th year of supporting Africa’s youngest entrepreneurs. The [...] Read more ›
1
The Tokyo-headquartered UNCOVERED FUND has launched with a targeted size of US$15 million, and confirmed its first five investments in African tech startups. Launched in June of last year, UNCOVERED FUND is a venture capital fund targeting early and seed stage startups in Africa. The fund is scheduled to close at the end of June [...] Read more ›
4
Disrupt Podcast offers listeners a fortnightly wrap-up of all the developments in the African tech startup ecosystem, interviews with key players, and audio pitches from innovative companies. Increasing access to information and analysis of the African startup scene is at the heart of Disrupt Africa’s mission, and its content offering is now broader with the [...] Read more ›
1
Kenyan trucking logistics marketplace Amitruck has raised an undisclosed pre-seed funding round to expand its growing client base in East Africa. Launched in 2019, Amitruck is a trucking logistics marketplace that seeks to bring trust, transparency and efficiency to transport. The startup’s platform connects transporters directly with cargo owners via its web or mobile application, [...] Read more ›
3
Ugandan energy startup gnuGrid has raised a US$250,000 funding round as it works to scale its solution to more customers at home and into additional African markets. Launched in 2019 by David Opio and James Dailey, gnuGrid has built Solar Sentra, which aims to streamline and automate the highly fragmented solar industry in Uganda and [...] Read more ›
19
South African home loans marketplace MortgageMarket has raised ZAR10 million (US$687,000) in funding to expand across the country. Founded in 2019, MortgageMarket is a customer-centric online platform that harnesses technology and customer service to allow users to compare home loan offers from South Africa’s top six banks within 48 hours. It is now embarking on [...] Read more ›
0
The UCT GSB Solution Space has opened applications for the E-Track accelerator programme, designed to help founders validate concepts, develop their products, and scale their ventures. The Solution Space, at the University of Cape Town Graduate School of Business (UCT GSB), is an ecosystem for early-stage startups as well as a research and development platform [...] Read more ›
1
South African home loans marketplace MortgageMarket has raised ZAR10 million (US$687,000) in funding to expand across the country. Founded in 2019, MortgageMarket is a customer-centric online platform that harnesses technology and customer service to allow users to compare home loan offers from South Africa’s top six banks within 48 hours. It is now embarking on [...] Read more ›
1
South African startup hearX Group, which is striving to increase access to hearing healthcare through smart digital solutions, has completed a US$8.3 million Series A fundraise as it bids to expand its reach in the United States (US). Founded out of the University of Pretoria, hearX Group started trading in 2016 with the purpose of [...] Read more ›
1
“As I went to bed this evening after yet another long day of working with our portfolio companies, I thought I’d share some high-level thoughts and reflections on what it takes to be a truly good VC with your portfolio companies,” writes Zacharian George, chief investment officer of Startupbootcamp AfriTech. As the saying goes: “Anyone [...] Read more ›
0
Kenyan fintech startup Finplus Group has announced its software has now processed over US$503 million in combined transaction value in less than four years of operations. Founded in 2017 by Kageni Wilson and Bernard Banta, Finplus provides fully-managed software to help financial services providers operate efficiently and scale cost-effectively in any market. The recent launch [...] Read more ›
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Nigerian ed-tech startup Edustripe has developed school management software that helps learning institutions digitalise various aspects of their operations, and is already in use in dozens of schools and by hundreds of parents. Founded in March 2019 by Tolu Odueke and Babajide Esho, Edustripe has developed a platform that helps schools and parents manage educational [...] Read more ›
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The SAB Foundation has awarded ZAR12.6 million (US$860,000) in funding to 17 of South Africa’s most promising social innovators at its tenth annual Social Innovation and Disability Empowerment Awards. The Social Innovation Awards are aimed at innovators, entrepreneurs and institutions with prototypes or early-stage businesses that solve a social problem through a sustainable business model. [...] Read more ›
0
Most popular sources
Business Insider
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25% 2 |
Tom's Hardware
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13% 5 |
Gizmodo
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7% 1 |
Vox
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7% 6 |
Slashdot
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6% 2 |
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23.12.2025 22:53
Last update: 22:45 EDT.
News rating updated: 05:40.
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