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Disrupt Africa
Disrupt Africa · 12/03/2020 04:00 EDT

SA’s LocumBase raises expansion capital from local angel investors

South African startup LocumBase, an online platform that brings medical practices and locum practitioners together through a simplified locum booking process, has secured further funding in order to help it scale. LocumBase is an independent platform that connects locums with practices that need them most. Locums list of the platform, are verified, and can then [...] Read more

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Disrupt Africa
Disrupt Africa · 12/03/2020 03:00 EDT

SA access management startup LetMeIn banks $144k seed funding

South African tech startup LetMeIn has raised ZAR2.2 million (US$144,000) in seed funding to scale up and expand its visitor and access management platform.  A visitor management platform that has successfully rolled out across eight African countries with multinationals including Barloworld, Cerebos, Dairymaid and MultiChoice, LetMeIn started life in March as CoronaFighter, a chatbot and [...] Read more

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Disrupt Africa
Disrupt Africa · 12/03/2020 01:00 EDT

Nigeria’s CcHub launches syndicate to invest in early-stage African startups

The Lagos-based Co-Creation Hub (CcHub) innovation centre has 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 in the most innovative companies across Sub-Saharan Africa. CcHub already runs the Growth Capital Fund, but has been on the expansion trail [...] Read more

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Disrupt Africa
Disrupt Africa · 12/03/2020 00:58 EDT

Fintech accelerator opens to growth-stage startups keen to explore North Africa

The Entrepreneurship Academy of the SANAD Fund for MSME in partnership with IMPACT Lab and MEST has announced a six-month Financial Technology (Fintech) Accelerator programme for high-potential technology businesses looking to scale their business, create partnerships, and explore North African markets.  The core objective of the Pan-African Fintech Accelerator is to stimulate growth-stage startups operating [...] Read more

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Disrupt Africa
Disrupt Africa · 12/02/2020 18:34 EDT

DFS Lab Announces Open Applications for Fintech Hackathon Focused on the Mojaloop Software

DFS Lab, a digital commerce investor and accelerator that partners with early-stage startups in Sub-Saharan Africa, announced it will host a virtual hackathon from January 13 to 15. The hackathon, supported by the Gates Foundation, will offer participants an in-depth look at Mojaloop, an open-source software for financial services companies, government regulators, and others taking [...] Read more

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Disrupt Africa
Disrupt Africa · 12/02/2020 10:29 EDT

Remitano Launches Margin Trading feature to Increase User’s Potential Profit

With the steady rise of Bitcoin price in recent days, this is arguably one of the best periods for Bitcoin trading and other cryptocurrencies. However, not all willing investors have enough capital to invest in the crypto market and although sometimes it is good to start small, investors who start with small capital tend to [...] Read more

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Disrupt Africa
Disrupt Africa · 12/02/2020 05:01 EDT

Nigerian fintech startup CredPal raises $1.5m funding round

Nigerian consumer credit startup CredPal has raised a US$1.5million funding round as it launches its range of credit cards. Launched in 2017 by Fehintolu Olaogun and Olorunfemi Jegede, CredPal develops consumer credit infrastructure to ease consumer credit purchase and enable retail businesses to provide on-demand credit for consumers. The startup, a graduate from the Silicon [...] Read more

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Disrupt Africa
Disrupt Africa · 12/02/2020 03:00 EDT

SA’s myFanPark merges with Silicon Valley company to create leading global celebrity engagement platform

South African startup myFanPark has announced a merger with the Silicon Valley-based Starsona to form the leading global celebrity engagement platform, with a footprint across Africa, Europe, North America and the Indian subcontinent.  Launched in 2019, myFanPark allows users to request a personalised shout-out video from their favourite celebrity, such as birthday or celebration messages. [...] Read more

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Disrupt Africa
Disrupt Africa · 12/02/2020 02:00 EDT

10 Egyptian startups selected for Flat6Labs Cairo accelerator

Ten Egyptian startups have been selected to take part in the Flat6Labs Cairo accelerator, which provides companies with access to funding, mentorship and other benefits. Launched in 2011 as the first office of the Flat6Labs MENA regional startup accelerator, the Flat6Labs Cairo programme provides startups with cash funding of between EGP500,000 (US$31,000) and EGP750,000 (US$46,000) [...] Read more

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Disrupt Africa
Disrupt Africa · 12/02/2020 01:00 EDT

Sherpa Ventures launches founder-backed $1m pre-seed fund for African startups

VC firm Sherpa Ventures has announced the launch of its debut fund dedicated to investing in pre-seed tech startups in Africa, which is backed by several notable founders and angels and has already made its first investments. Founded by startup investment veteran Aaron Fu, ex-Uber Africa launcher Alastair Curtis and ex-IROKO executive Nikhil Patel, Sherpa [...] Read more

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Disrupt Africa
Disrupt Africa · 12/01/2020 04:00 EDT

SA startup Custos, VC firm HAVAÍC reach “amicable” resolution to end legal dispute over investment

South African startup Custos Media Technologies and VC firm HAVAÍC have reached an “amicable and confidential resolution” to a dispute regarding HAVAÍC’s investment in Custos, with Disrupt Africa understanding some form of investment has now been formalised.   Disrupt Africa reported earlier this year South African blockchain startup Custos, which combats digital piracy by embedding bitcoin [...] Read more

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Disrupt Africa
Disrupt Africa · 12/01/2020 02:00 EDT

Nigerian, Kenyan startups win $120k AfDB AgriPitch competition

Two startups from Nigeria and Kenya have been named winners of the African Development Bank’s $120,000 AgriPitch competition. Disrupt Africa reported last month on the selection of finalists for the AgriPitch competition, after the AfDB received more than 2,500 applications. The final round saw entrepreneurs pitch their agribusiness proposals online to a panel of experts [...] Read more

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Disrupt Africa
Disrupt Africa · 12/01/2020 01:00 EDT

SA insurtech startup OneSpark launches with “significant” funding raise

South African insurtech startup OneSpark, which says it is providing tech-based insurance products for the main market, has launched operations and secured a “significant” US dollar funding round to help it quickly scale. Launched last month, OneSpark is a tech-based, socially responsible insurer that claims to be offering world-first products that provide better protection for [...] Read more

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Disrupt Africa
Disrupt Africa · 11/30/2020 04:00 EDT

Africa-focused VC firm Acuity launches with data-driven approach

Africa-focused VC firm Acuity has launched operations, operating with a data-driven approach that enables smart investment decisions and supports investee company growth. Formally launched in January, Acuity has its roots in another fund, Singularity Investments. Launched by Lexi Novitske in 2014 to invest in early-stage technology companies across Sub-Saharan Africa, Singularity was backed by private [...] Read more

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Disrupt Africa
Disrupt Africa · 11/30/2020 03:00 EDT

Tanzanian e-health startup launches appointment-booking platform

Tanzanian e-health startup Medikea has launched a platform that allows patients to find and book appointments with doctors at their preferred clinics, for free. Launched in October, the Medikea app allows users to search for doctors by name, speciality, location or accepted insurance, and compare them by availability, rating and reviews. They can then book [...] Read more

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Disrupt Africa
Disrupt Africa · 11/30/2020 01:00 EDT

Kenyan trucking logistics marketplace Amitruck reports 300% revenue growth in 12 months

Kenya-based P2P trucking logistics marketplace Amitruck has seen revenues grow by 300 per cent in the last 12 months, with its app downloaded more than 10,000 times. 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 [...] Read more

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Disrupt Africa
Disrupt Africa · 11/29/2020 20:58 EDT

African startups can secure development funding through AfCFTA Vision Challenge

African tech startups have been invited to apply for the AfCFTA Vision Challenge, which offers them the opportunity to secure investment from development finance institutions while also putting them in prime position to benefit from the opportunities offered by the African Continental Free Trade Agreement. Ratified by 54 African nations, the AfCFTA creates a continent-wide [...] Read more

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Disrupt Africa
Disrupt Africa · 11/27/2020 04:00 EDT

Zambian startup WidEnergy raises new funding to scale its impact

Zambian startup WidEnergy, a woman-led for-profit social enterprise dedicated to female empowerment and the expansion of affordable energy access, has raised a new round of funding to help scale its impact. WidEnergy, the name of which is an acronym for “Women in Development,” reflecting the startup’s goal of engaging women as active participants in Africa’s [...] Read more

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Disrupt Africa
Disrupt Africa · 11/27/2020 02:00 EDT

UNICEF Innovation Fund seeks startups addressing digital risks to children

The UNICEF Innovation Fund is looking to invest in companies that are using machine learning, artificial intelligence (AI), blockchain or extended reality to address digital risks to children, with selected companies to receive equity-free funding of up to US$100,000. In partnership with the Global Partnership to End Violence Against Children and Giga, the UNICEF Innovation [...] Read more

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Disrupt Africa
Disrupt Africa · 11/27/2020 01:00 EDT

Future Africa fund backs 9 startups with $1m in Q3, takes portfolio size to 28

The Future Africa fund, launched earlier this year by Andela and Flutterwave co-founder Iyinoluwa Aboyeji, has announced it made nine investments totalling US$1 million in the third quarter of the year, taking its portfolio to 28 companies. Disrupt Africa reported in January Aboyeji had launched Future Africa alongside Olabinjo Adeniran and Adenike Sheriff, and in [...] Read more

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