Nigerian automotive technology company Autochek has raised a US$3.4 million pre-seed funding round to help it grow its operations and develop its platform. 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 technology to transform [...] Read more ›
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Egyptian startup Wuilt, a SaaS Arabic website builder where users can create their own professional websites in five minutes, has raised a US$535,000 seed round to help it launch an e-commerce platform and expand to Saudi Arabia. Co-founded by Ahmed Rostom, Mohamed Hegazy and Mahmoud Metwaly last year, Wuilt is a website-building platform that enables [...] Read more ›
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Motorcycle-hailing startup SafeBoda is pulling out of Kenya, in a move it is blaming on the impact COVID-19 has had on its business. Initially launched in Kampala, SafeBoda connects passengers with motorcycle taxi drivers, while also offering additional financial services. The startup expanded to Kenya in 2018, and has since raised a Series B funding [...] Read more ›
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Nigerian talent outsourcing and incubator company TalentQL, which only launched this month, has raised a US$300,000 pre-seed funding round led by Zedcrest Capital. Founded by Adewale Yusuf, Opeyemi Awoyemi and Akintunde Sultan, also co-founders of Techpoint Africa, Jobberman and DevCareer, TalentQL hires, develops and manages remote talent for global companies. The startup launched this month [...] Read more ›
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17 African startups have been selected for the Space-Tech Challenge 2020, which aims to develop the most promising new innovators, entrepreneurs and early-stage businesses in the space-tech sector across Africa. Space-Tech applications use earth observation to gather information about the physical, chemical and biological systems of the planet via remote-sensing technologies. Such tech has seen [...] Read more ›
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Six African tech startups have banked funding from Orange Ventures Africa and Middle East after the investment firm announced the results of its MEA Seed Challenge, along with the inauguration of its new seed investment activity to finance 100 startups by 2025. Launched in June, the Orange Ventures MEA Seed Challenge called for applications from [...] Read more ›
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Whether you believe Jumia was “Africa’s first unicorn”, or Interswitch, or neither of them, what is undeniable is that it has always been assumed that sectors like e-commerce and fintech would be most likely to produce such companies. The relatively unpopulated and undeveloped African human resources (HR) technology space? Not so much. Yet Dr Emmanuel [...] Read more ›
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The Lagos-based VC firm Pacer Ventures has partnered with Founder Institute to launch a US$3 million fund for early-stage African startups that are solving some of the most critical problems on the continent. Pacer Ventures, which has already begun to support early-stage founders by participating in seed rounds, has a strategic relationship with the Founder [...] Read more ›
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Three African investment firms have been selected to take part in the Capria Edge Plus programme, built to advance fund managers across eight areas of fund management and capacity building. Capria’s Edge Plus programme is a fund manager advancement service delivered through the Capria Edge platform and backed by Capria’s senior partners. The programme will [...] Read more ›
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Egyptian startup 3elagi, which allows users to order health and beauty products from their nearest pharmacy via mobile app, has been acquired by pharmaceutical firm Ibnsina Pharma. The 3elagi mobile application links pharmacies with patients willing to order medicines and cosmetics online, allowing users to search, compare and order products online from their mobile, and [...] Read more ›
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Eight African e-commerce startups have been invited to apply for a Facebook-run accelerator that will offer them access to mentorship and training as well as the company’s technologies and networks. Disrupt Africa reported in August on the launch of Facebook Accelerator: Commerce is a 12-week non-equity programme supporting innovative commerce startups who renew shopping experiences [...] Read more ›
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Recently-funded Kenyan agri-tech startup Farmers Pride believes it is poised for national and international growth in the next few years. But its origins stem from failure. Samuel Munguti’s first business venture was in watermelon and tomato farming, but the enterprise failed as he struggled to access the right inputs, services, and information at local shops. [...] Read more ›
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South African startup ServiceMyCar, which has developed an online marketplace for vehicle maintenance and repairs, has launched operations with ZAR5 million (US$311,000) in seed funding, and is planning a Series A round in January 2021. Founded by father and son duo Athol and Aidan Quin in January 2019, and launched to the public in August [...] Read more ›
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Applications are open for the latest Westerwelle Young Founders Programme, which offers outstanding young entrepreneurs from developing and emerging countries six months of business mentoring and the chance to participate in the Young Founder Conference in Berlin. The Westerwelle Foundation for International Understanding supports collaboration between young entrepreneurs, executives and decision makers from around the [...] Read more ›
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Egyptian startup dreevo, which provides last-mile delivery solutions for e-commerce merchants, has delivered more than 100,000 shipments for over 200 merchants since its launch in May. Formed to empower e-commerce entrepreneurs, dreevo provides a wide range of last mile delivery solutions and services that can be custom-tailored to suit a variety of alternative business models. [...] Read more ›
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South African startup FinChatBot, a creator of conversational artificial intelligence (AI) solutions for the financial services industry, has raised a US$1.6 million funding round to help it expand into Europe and West Africa. Established in 2016, FinChatBot develops solutions that have become key conversation and customer service channels for most financial service providers in South [...] Read more ›
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Nigerian startup Xend Finance has publicly launched its decentralised finance (DeFi) platform for credit unions and cooperatives following a US$1.5 million strategic investment round. Xend Finance, which last year took part in the Google Launchpad Africa accelerator and the Binance Incubation Programme, has developed a platform that gives everyone access to the global money market [...] Read more ›
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Cairo Angels, Egypt’s first formal network of angel investors, has launched a syndicate investment fund to back pre-Series A startups in Africa and the Middle East. Cairo Angels, which invests in and supports startups and early-stage, high-growth businesses, said it has already started fundraising and aims to close during the first quarter of next year. [...] Read more ›
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Twenty-five young African agripreneurs have advanced to the final round of the African Development Bank’s AgriPitch competition, stepping closer to a share of US$120,000 in seed funding prizes, training and other benefits. AgriPitch organisers received more than 2,500 applications and evaluated 605 proposals from 30 countries under the theme of “Driving Sustainable Nutrition and Gender [...] Read more ›
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Kenyan logistics startup Lori Systems has secured funding and support from Imperial, an African and European-focused provider of integrated market access and logistics solutions, to expand its product across Africa. Founded in 2016, Lori Systems provides supply chain management solutions to cargo owners, ensuring flexibility, reliability and cost savings. The startup opened operations in Uganda, [...] Read more ›
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Business Insider
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22% 5 |
Tom's Hardware
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18% 10 |
Vox
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8% 5 |
Gizmodo
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8% 1 |
Slashdot
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7% 0 |
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24.12.2025 10:58
Last update: 10:45 EDT.
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