Kenyan micro-insurtech startup Turaco has announced the close of a US$2 million seed funding round to further grow the business and scale its operations in Sub-Saharan Africa. Founded in 2018, Turaco is an insurtech business that partners with local companies and mobile lending organisations to provide simple and affordable medical cover to underserved and unserved [...] Read more ›
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South African startup Wallettec, which develops payment solutions for the sports betting industry across Africa, is selling more than 200,000 of its MyBux digital vouchers each week in Kenya. Launched in Cape Town in 2013, Wallettec is a mobile money integration company that has provided mobile payment solutions in more than 14 African countries, including [...] Read more ›
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Stellenbosch University’s tech transfer department Innovus has spun out five new companies so far this year, and has also raised a ZAR26 million (US$1.7 million) for university projects and spinout companies currently operating virtually. Innovus said all five of the new spinouts were launched during the COVID-19 lockdown, and that their launch demonstrated the social [...] Read more ›
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Nigerian fintech startup Kuda, which is building a pan-African digital challenger bank, has closed a US$10 million seed funding round in order to accelerate its growth and keep up with customer demand. Launched in 2016 as lending platform Kudimoney, Kuda rebranded in June of last year and received a banking licence from the Central Bank [...] Read more ›
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South African startup Sun Exchange, a peer-to-peer solar leasing platform, has begun its expansion across the continent with the launch of the crowdsale for the first phase of a 1.9 megawatt (MW) solar-plus-storage project for Zimbabwean company Nhimbe Fresh. Launched in 2015, Sun Exchange enables anyone, anywhere in the world, to buy remotely-located solar cells [...] Read more ›
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Rwandan startup Kasha, an e-commerce platform improving women’s access to genuine health, hygiene and self-care products, has increased the size of its Series A round to US$3 million after securing US$1 million from Swedish development finance institution Swedfund. Launched in July 2016, Kasha sells menstrual care products, contraceptives, pharmaceuticals and a range of beauty products, [...] Read more ›
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Orange has announced the winners of the 10th Africa and Middle East Social Entrepreneur Prize, with startups taking home thousands in prize money. After a round of domestic competitions in the 17 African Orange subsidiaries, during which 41 winners were identified and supported, 18 finalists were selected to enter the international competition, which took place [...] Read more ›
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The COVID-19 pandemic has caused a lot of damage, with the African tech startup ecosystem not spared, but collaborations between innovative startups and corporates remains unaffected. That’s according to Djiba Diallo, senior fintech advisor at pan-African banking conglomerate Ecobank, who took part in a fireside chat at last month’s virtual Africa Tech Summit Connects event. [...] Read more ›
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Global peer-to-peer crypto marketplace, Paxful, has announced the addition of Tether (USDT) to its platform allowing users to convert BTC to USDT to protect their funds from volatility and trade using over 300 payment methods. But just how will this latest addition assist users of the platform in the current economic climate? Paxful CEO and co-founder Ray Youssef unpacks [...] Read more ›
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The Kenya-based fintech startup CARMA, which provides lending companies with access to real-time credit data on a peer-to-peer basis through a pay-as-you-go service, has raised funding from Nigerian VC firm Microtraction to set up a headquarters in Lagos. CARMA describes itself as the world’s first credit data marketplace, tackling the gap in markets underserved by [...] Read more ›
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Various Western Cape stakeholders have joined forces to officially launch a new brand aimed at uniting the tech ecosystem of Cape Town and the Western Cape and present a common message to the world. The result of collaboration between the Western Cape Government, City of Cape Town, Wesgro, and major tech ecosystem enablers such as [...] Read more ›
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South African fintech startup Ovation Solutions has developed a digital employee benefits platform that allows users to source your benefits from a range of providers in one place. Ovation is an independent, secure, cloud-based platform that supports pension or provident funds, income protection, disability cover, medical aid, and more, bringing all this together on one [...] 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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South African agri-tech startup swiftVEE has raised a US$1.5 million funding round it will use to expand into neighbouring countries and expand its platform. Founded in 2019 and selected for the Google Launchpad Africa accelerator in the same year, swiftVEE conducts real-time online livestock auctions. So far, the startup has done over 150 auctions, and [...] Read more ›
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Twenty-four female founders and entrepreneurs from across Africa have been named as finalists for 2020 AWIEF Awards across eight different categories. Organised by the Africa Women Innovation and Entrepreneurship Forum (AWIEF), a pan-African entrepreneurship and innovation non-profit, the annual AWIEF Awards, through a nomination process, identifies and celebrates the best female entrepreneurs across multiple industries [...] Read more ›
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Nigerian startup Owoafara is on a mission to help small businesses grow and scale sustainably by connecting them with finance and business services. Founded in January 2019, Owoafara was launched to solve the access to finance and business support problem of over 50 million underserved small businesses. ‘Tale Alimi, who co-founded Owoafara alongside Sally-Ann Ezekiel, [...] Read more ›
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Morrocan startup ATLAN Space, which employs artificial intelligence (AI) to enable unmanned aerial vehicles (UAVs) to carry out tracking missions with complete autonomy, has raised a MAD10 million (US$1.1 million) Series A funding round. Launched in 2016, ATLAN Space helps governments and institutions fight environmental crime and assist vulnerable populations, and the startup has commercial [...] Read more ›
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Brantu, a digital e-commerce marketplace that enables local and global fashion brands to reach Egyptian consumers, has raised a seven-figure US dollar Series A funding round to help it expand its customer base and expand into new verticals. Launched by Mohamed Rizk and Fredrik Granström last year, Brantu is an e-commerce platform that aims to [...] Read more ›
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Kenyan music startup Mdundo saw its monthly active users increase by 27 per cent to 6.4 million in September from five million in June, putting it on track hit the nine million figure by the middle of next year. Launched in 2013, Mdundo provides access to all the continent’s favourite music to over five million [...] Read more ›
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Global Voice Group (GVG), a global provider of ICT and reg-tech solutions for governments and regulatory bodies, has partnered with Disrupt Africa to identify tech startups from across the continent to which it can provide funding and support in scaling. Founded in 1998, with its main offices in Spain and South Africa, GVG assists governments [...] Read more ›
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Business Insider
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25% 1 |
Tom's Hardware
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14% 5 |
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9% 2 |
Vox
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9% 6 |
Gizmodo
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7% 1 |
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24.12.2025 12:41
Last update: 12:35 EDT.
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