South African VC firm Knife Capital has launched a second Section 12J Venture Capital Fund to allow new investors to participate in this alternative asset class. Launched in 2016, KNF Ventures took advantage of the Section 12J venture capital company (VCC) regime, where qualifying investors in approved Section 12J VCCs can deduct the full amount [...] Read more ›
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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 ›
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Global startup generator Antler has announced pre-seed investments in two startups created during its second programme in Nairobi, Kenya last year. Antler, a global early-stage venture capital (VC) firm, launched in Kenya in May 2019. Through its six-month programme, the firm brings together exceptional individuals from across the world and connects them with a top [...] Read more ›
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Innovex, a Uganda-based startup enabling pay as you go (PAYG) and remote monitoring for solar companies, has closed a seed funding round to help it scale its technology across Africa. Founded in 2016 by Douglas Baguma and David Tusubira, Innovex has developed “Remot”, a cloud-based Internet of Things (IoT) solution that transforms the distribution of [...] Read more ›
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South African startup Krowdbox has launched its platform that aims to simplify how SMEs access digital payments and grow their businesses online. Launched in November 2020, Krowdbox allows local SMEs to introduce, receive, manage and easily track online payments from customers, even if their business is offline. The goal is to simplify how SMEs access [...] Read more ›
2
Global startup generator Antler has announced pre-seed investments in two startups created during its second programme in Nairobi, Kenya last year. Antler, a global early-stage venture capital (VC) firm, launched in Kenya in May 2019. Through its six-month programme, the firm brings together exceptional individuals from across the world and connects them with a top [...] Read more ›
3
Kenyan startup Pula, an insurtech service that works to rerisk African smallholder farmers, has raised a US$6 million Series A funding round to scale up operations across its 13 markets on the continent and expand into Asia. Launched in 2015 by Rose Goslinga and Thomas Njeru, Pula designs and delivers innovative agricultural insurance and digital [...] Read more ›
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South African analytics startup Brandbook has launched Ibottit, a new app it describes as a “one-of-a-kind incentive tool” to help retailers secure customer loyalty. Founded by Bakuena Ntshasa and Rorisang Posholi in June 2016, Brandbook helps brands understand what shoppers are buying and why. The startup, which secured investment from venture capital and private equity [...] Read more ›
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Startups from more African countries than ever before secured funding in a record-breaking 2020 that saw a combined US$701 million raised across the continent, but the “big four” of Kenya, Nigeria, South Africa and Egypt still collect the lion’s share of the capital. That is according to the just-released African Tech Startups Funding Report 2020, [...] Read more ›
3
South Africa-based cryptocurrency exchange platform OVEX, which specialises in over-the-counter (OTC) trading, has announced a strategic investment from quantitative cryptocurrency trading firm Alameda Research, developer of the fifth largest crypto derivatives exchange in the world by trading volume – FTX. Founded in February of 2019, OVEX offers South Africa’s largest selection of digital asset markets, [...] Read more ›
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Nigerian startup 54gene has unveiled its new lab in Lagos State, capable of human whole genome sequencing and a variety of other scientific investigations. Launched in 2019, 54gene is a research, services and development company founded that utilises human genetic data from diverse African populations to improve the development, availability and efficacy of medical products [...] Read more ›
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South African startup Play Sense, which started life as an offline early childhood development (ECD) business, is now quickly scaling after pivoting into the ed-tech arena last year. Founded in 2016 by occupational therapists and early years experts Meg Faure and Lara Schoenfeld, Play Sense offers training for early childhood teachers and a learning programme [...] Read more ›
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Pandemic or no pandemic, Africa’s tech startup ecosystems are not to be removed from the growth path. While COVID-19 raged, African startups raised, with more startups raising more money from more investors than ever before in 2020. That is according to the just-released African Tech Startups Funding Report 2020, open-sourced and made available to all, [...] Read more ›
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Nigerian auto-tech startup Autochek has launched an office in Accra as it aims to increase its footprint in Ghana as part of its pan-African expansion plans. 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 [...] Read more ›
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Chari.ma, a B2B e-commerce app allowing traditional proximity store owners in Morocco to order products and have them delivered, will expand internationally this year after seeing strong growth in its launch market of Casablanca. Launched early last year, Chari.ma has already signed up 10,000 shops as customers, 50 per cent of the proximity stores in [...] Read more ›
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2020 was a record year for investment into the African tech startup ecosystem, with more startups raising more money, from more investors, than ever before. This is according to the sixth edition of the annual African Tech Startups Funding Report 2020 released by startup news and research portal Disrupt Africa, which is for the first time [...] Read more ›
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Two Tunisian tech startups have secured investment from the newly-launched Maxula Seed Fund, which aims to support innovative, early-stage Tunisian startups with high growth potential across a range of impactful sectors. Created by asset management company Maxula Gestion, the fund has raised capital from insurance company MAE and the Arab Tunisian Bank (ATB), and wants [...] Read more ›
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South African startup Legal Lens has launched in a bid to protect companies, state entities, and individuals from inflated legal fees, claiming to be able to reduce legal fees by as much as 60 per cent, or by an average of 10 per cent. Launched in November 2020 by Catherine-Jane Paulse and Yusha Davidson, both [...] Read more ›
1
2020 was a record year for investment into the African tech startup ecosystem, with more startups raising more money, from more investors, than ever before. This is according to the sixth edition of the annual African Tech Startups Funding Report 2020 released by startup news and research portal Disrupt Africa, which is for the first time [...] Read more ›
3
Egyptian e-health VRapeutic has joined the MakerLaunch programme at the University of Ottawa, moving it one step closer to expanding into the Canadian market. Launched in 2017 by Ahmad Al-Kabbany, VRapeutic uses virtual reality (VR) technology to help treat learning difficulties and developmental disorders. The startup designs 3D virtual environments that are especially tailored to [...] Read more ›
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Most popular sources
Business Insider
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27% 3 |
Tom's Hardware
|
14% 4 |
Gizmodo
|
8% 1 |
Vox
|
8% 6 |
Slashdot
|
5% 2 |
| View sources » | |
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24.12.2025 03:22
Last update: 03:15 EDT.
News rating updated: 10:12.
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