Nigerian startup Renda is providing access to the end-to-end fulfillment infrastructure that enables e-commerce businesses and major brands to easily grow, scale and expand across Africa. Launched in January 2021 by co-founders Ope Onaboye and Bimbo Onaboye, Renda allows businesses to access on-demand flexible storage across Africa, track and manage their inventory across all locations, [...] Read more ›
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Nigerian payments startup Wallets Africa has launched Spring, a multi-currency wallet it says will “redefine” the way users manage their finances by providing effortless cashbacks and seamless Ether transactions. Founded in 2018, Wallets Africa allows people and companies to send and receive money, and make payments, using their phone numbers. A Y Combinator-alumni, and backed [...] Read more ›
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OceanHub Africa has concluded its fourth cohort with a bootcamp for the six startups that participated in the eight-month accelerator programme. OceanHub Africa aims to support and nurture environmentally conscious, profit-driven businesses that aim to combat global warming, overexploitation, and pollution of the ocean. Its accelerator programme, which has just concluded its fourth edition, connects [...] Read more ›
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There are very few active investors on the African continent, who can claim they were there on day dot, attempting to raise funds for startups before there was any global interest. But Maya Horgan Famodu is one of them. The founder of Ingressive Capital, one of Africa’s most active early-stage investors, Horgan Famodu is now [...] Read more ›
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Kenya’s Data Integrated, a financial technology and mobility solutions company, has received official approval from the Central Bank of Kenya to operate as a Payment Service Provider (PSP). Founded in 2012 and based in Nairobi, Data Integrated has developed and implemented a comprehensive Mobility as a Service (MaaS) platform with technology-based solutions for each key [...] Read more ›
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Nigerian embedded insurance startup Curacel has announced what it says is a “game-changing partnership” with ALAT by Wema, Nigeria’s foremost fully digital bank, to offer car, device, and health insurance to ALAT users. Curacel is a leading embedded insurance company that leverages technology to provide seamless insurance solutions to partners and customers, while ALAT by [...] Read more ›
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African tech startups, once they’ve reached a certain stage, should not underestimate the importance of an effective public relations (PR) function, be it to help sustain the good times or help aid recovery in the bad times. This was one of the key takeaways from “Talking the talk – why African tech startups need effective [...] Read more ›
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Nigeria’s SecondSTAX, a tech company that is building solutions to enhance intra-Africa capital and investment flows, has announced a partnership with the Nigerian Exchange Limited (NGX) that will enable institutional investors from across Africa to directly invest into Nigeria’s capital markets. Founded in 2020 by Eugene Tawiah and Duke Lartey, SecondSTAX aims to enhance investment [...] Read more ›
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Co-Creation Hub (CcHub) has announced the six Nigerian student-led startups for the Uninnovators’ Startups-in-Residence programme, designed to inspire innovations in selected tertiary institutions in Africa. Disrupt Africa reported in July CcHub had launched a new co-funded initiative to support innovation within African universities, in partnership with the Make-IT in Africa project implemented by Deutsche Gesellschaft [...] Read more ›
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Nigeria is the country with the largest energy access deficit in the world, but local startup Lihon Energy is aiming to address this by rolling out solar-powered micro-grid provision for commercial and industrial clients. Launched in January, Lihon Energy makes use of a variety of technologies to deliver reliable, stable, safe and affordable power supply [...] Read more ›
3
Nigerian mobility startup Treepz has partnered insurtech Octamile to launch Treepz Care, an insurance programme that revolutionises travel and mobility by offering comprehensive coverage and peace of mind to Treepz’s community of guests and hosts. Founded in 2019 and known as Plentywaka until its September 2021 rebrand, Treepz operates a digital platform allowing passengers to [...] Read more ›
6
Egyptian startup Rology, an AI-assisted teleradiology platform, has received 510(k) clearance (K231385) from the US Food and Drug Administration (FDA) for its teleradiology platform as a class II medical image management and processing system (radiological). Founded by Amr Abodraiaa, Moaaz Hossam, Mahmoud Eldefrawy and Bassam Khallaf in October 2017, Rology has built a cloud-based platform [...] Read more ›
0
Nigerian crypto startup Coinazer has already clocked 5,000 customers, facilitated over US$3.8 million worth of transactions, and expanded to Brazil, with further expansion planned. Founded in April 2022 by CEO Achigonye JohnPaul, alongside Egbuonu Ikenna, Malachi Chidera and Nnaji Joshua, Coinazer is on a mission to empower individuals and businesses by providing them with secure, [...] Read more ›
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Tribal Credit, a pioneering financial platform empowering SMEs in emerging markets to grow and compete globally, is thrilled to announce an increased and renewed debt facility of $150 million USD with Partners for Growth (PFG). Renewed through 2025, this upsized facility is not only a testament to Tribal’s remarkable credit performance but also an accelerator [...] Read more ›
0
Cape Town-based digital identity startup iiDENTIFii has partnered Zambian bank Zanaco to roll out its identity solution to Zambian consumers and citizens. iiDENTIFii has developed advanced face authentication technology that safely authenticates users via their cell phones or PCs within seconds. The startup operates across several industry verticals and is used by the largest pan-African [...] Read more ›
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Fifteen Egyptian tech startups have been selected for the first batch of the 500 Global in Egypt Scale Up Programme, which aims to assist founders in scaling their businesses. Run by 500 Global, one of the world’s most active venture capital firms, in partnership with the Egyptian Information Technology Industry Development Agency (ITIDA), the initiative [...] Read more ›
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Sony Group has established a US$10 million innovation fund to invest in African entertainment startups. Since 2016, Sony has run a variety of funds, including the Sony Innovation Fund (2016), the Innovation Growth Fund (2019), and the Sony Innovation Fund: Environment (2020). Its latest initiative, the Sony Innovation Fund: Africa, aims to support the growth [...] Read more ›
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Women have always been underrepresented in the venture capital space worldwide. Some of the earliest research from the US (2018) found that only nine per cent of VC decision makers were women. In Africa, new data by Disrupt Africa shows some more promising trends – 39.6 per cent of VCs actively investing on the continent [...] Read more ›
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Nigerian insurtech startup Haba has raised US$75,000 in a pre-seed funding round as it seeks to expand its capabilities and redefine the insurance landscape in the West African country. Co-founded in 2022 by Constance Oshafi, Stephen Onwe, and Paul Showemimo, Haba has developed a comprehensive suite of services designed to cater to the diverse needs [...] Read more ›
2
Nigerian agri-tech company ThriveAgric has partnered Heifer International to launch the AYuTe Project, which aims to empower 125,000 smallholder farmers with access to financial inclusion. Founded in 2017 and fully operational since 2018, ThriveAgric empowers farmers in Nigeria to sell their products to FMCGs and food processors, leveraging its proprietary technology to access finance as [...] Read more ›
2
Most popular sources
Business Insider | 26% 6 |
Tech Wire Asia | 9% 0 |
The Verge | 8% 1 |
Eurogamer.net | 7% 4 |
Tom's Hardware | 6% 3 |
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27.11.2024 13:31
Last update: 13:25 EDT.
News rating updated: 20:20.
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