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Disrupt Africa
Disrupt Africa · 11/04/2020 05:01 EDT

Egyptian FMCG logistics startup ILLA raises $500k seed funding round

Egyptian startup ILLA, an FMCG delivery logistics marketplace, has raised a US$500,000 seed funding round to help it further expand its operations in the local market. Launched through the Flat6Labs Cairo accelerator in March 2019, ILLA caters for corporates and SMEs, providing full-fledged transportation and logistics solutions tackling major pain points unique to the FMCG [...] Read more

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Disrupt Africa
Disrupt Africa · 11/04/2020 03:00 EDT

Kenyan agri-tech startup Farmers Pride raises $220k funding from Gray Matters Capital’s coLABS

Kenyan startup Farmers Pride, a one-stop e-commerce platform that connects village level farmers to quality inputs, services, and information through women-owned DigiShops powered by technology, has raised US$220,000 funding from Gray Matters Capital under its gender portfolio coLABS. Farmers Pride is a last mile online-to-offline marketplace platform that connects farmers with everything they need to [...] Read more

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Disrupt Africa
Disrupt Africa · 11/04/2020 02:00 EDT

Ventures Platform Foundation launches applications for Startup North-East programme

Ventures Platform Foundation has announced a call for applications from Nigerian startups for Startup North-East, an incubation programme for early-stage companies building innovative tech solutions for communities hit by the crisis in North-East Nigeria. Since 2009, according to estimates from the United Nations (UN), more than two million people have been displaced from their homes [...] Read more

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Disrupt Africa
Disrupt Africa · 11/04/2020 01:00 EDT

Could “death of distance” help angel investors fill post-COVID startup funding gap?

Funding into African tech startups is likely to be hit by the economic impact of COVID-19, but the “death of distance” also caused by the pandemic could help angel investors fill the gap. Last month’s virtual Africa Tech Summit Connects event brought together African angel investors to discuss how angels can help fill the expected [...] Read more

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Disrupt Africa
Disrupt Africa · 11/03/2020 08:26 EDT

How barcodes have assisted businesses in improving their sales

Barcodes R Us – How barcodes have changed Society Before 1974, UPC barcodes did not exist. It is hard to imagine a world without them. Since their invention, they have entrenched themselves in our everyday lives in such a way that we take them completely for granted. In actual fact, they have changed our lives [...] Read more

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Disrupt Africa
Disrupt Africa · 11/03/2020 05:01 EDT

Egyptian IoT startup Amjaad raises 6-figure funding round

Egyptian Internet of Things (IoT) and smart metering startup Amjaad has raised a six-figure US dollar pre-Series A funding round to help it expand its product and grow its customer base at home and abroad. Founded in 2018 by Hussein Darwish, Amjaad has developed ioMeter, a web and mobile based platform for energy management and [...] Read more

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

Nigerian rental financing startup Kwaba secures funding round

Nigerian startup Kwaba, which helps low and middle income earners to split their annual rent into convenient monthly installments, has raised a funding round from Ingressive Capital to help it scale. Kwaba makes rent payment less stressful, and also offers further services such as apartment search, quick funds at affordable rates, and further credit facilities [...] Read more

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Disrupt Africa
Disrupt Africa · 11/03/2020 02:00 EDT

3 African startups selected for female-focused F-LANE accelerator

Three African startups are among the nine companies selected to take part in the F-LANE accelerator programme, which connects startups led by and benefitting women with funding and mentorship. Funded by the Vodafone Institute for Society and Communications and run by Yunus Social Business, the F-LANE acceleration programme aims to sharpen business and impact models, [...] Read more

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Disrupt Africa
Disrupt Africa · 11/03/2020 01:00 EDT

Fintech-focused Catalyst Fund planning further expansion after launch of digital commerce programme

The fintech-focused Catalyst Fund accelerator is planning on expanding into more new verticals after launching a digital commerce programme in Ghana. Disrupt Africa reported last month Catalyst Fund had partnered the Mastercard Foundation and MEST to launch its Inclusive Digital Accelerator programme in Ghana, the first expansion of its flagship inclusive fintech programme. Catalyst Fund, [...] Read more

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Disrupt Africa
Disrupt Africa · 11/02/2020 05:01 EDT

Nigerian startup SeamlessHR raises new funding to scale its HR solutions

Lagos-based HR and payroll tech startup SeamlessHR has closed a VC-led round of funding to unlock its next phase of growth.  Founded in 2018 and describing itself as “Workday for emerging markets”, SeamlessHR is building an enterprise-grade, cloud-based HR platform that helps medium to large-sized companies automate and optimise their entire HR process, from recruitment [...] Read more

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Disrupt Africa
Disrupt Africa · 11/02/2020 03:00 EDT

Kenya’s Villgro scales across Africa to support continent’s e-health ventures

The Nairobi-based Villgro Kenya incubator and impact investor has rebranded as Villgro Africa and expanded across the continent as it bids to support more e-health startups. The India-based Villgro Innovations Foundation expanded to Africa in 2017 with the launch of Villgro Kenya,an early-stage business incubator and impact investor that offers mentoring, funding and access to [...] Read more

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

Applications open for 2nd edition of Egypt’s African App Launchpad competition

Egypt’s Information Technology Industry Development Agency (ITIDA) has launched the second edition of its African App Launchpad competition, which will award a total of US$72,000 to startups from across the continent. ITIDA first held the African App Launchpad competition last year, with six startups eventually sharing a total of US$60,000 in cash prizes. This year, [...] Read more

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Disrupt Africa
Disrupt Africa · 11/02/2020 01:00 EDT

How tech investors in Africa coped with the changes enforced by COVID-19

COVID-19 has changed everything, everywhere, not least how tech investors in Africa operate. Last week’s virtual Africa Tech Summit Connects event brought together a host of African tech investors to discuss trends, challenges and opportunities in the wake of COVID-19, and all agreed that the way they do business has been altered by the pandemic. [...] Read more

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Disrupt Africa
Disrupt Africa · 10/30/2020 09:54 EDT

Kenyan agri-tech startup Twiga Foods secures $29.4m IFC debt funding to assist its farmers

Kenya agri-tech startup Twiga Foods has secured KES3.2 billion (US$29.4 million) in debt funding from the International Finance Corporation (IFC) to support more than 300 irrigated medium-scale contract farmers to complement Twiga’s seasonal smallholder farmer supply base. Founded in 2014, Twiga Foods is a business to business food distribution company that builds fair and reliable [...] Read more

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Disrupt Africa
Disrupt Africa · 10/30/2020 05:00 EDT

Nigerian e-health startup 54gene launches clinical research programme

Nigerian e-health startup 54gene has launched its Clinical Programme Services (CPS) division, which will provide end-to-end clinical development services, intelligence, logistics, and infrastructure to enable successful conduct of clinical trials in Africa, starting in Nigeria. Launched in 2019, 54gene is a research, services and development company founded that utilises human genetic data from diverse African [...] Read more

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Disrupt Africa
Disrupt Africa · 10/30/2020 03:00 EDT

Egyptian deliveries entrepreneur wins 2020 Anzisha Prize, takes home $25k

Twenty-one-year-old female Egyptian entrepreneur Alaa Moatamed, whose venture provides business owners with an affordable and convenient delivery service for customers, has been named winner of the 2020 Anzisha Prize, taking home US$25,000. The Anzisha Prize, which is a partnership between African Leadership Academy and Mastercard Foundation, celebrates African entrepreneurs aged 22 years and younger, and [...] Read more

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Disrupt Africa
Disrupt Africa · 10/30/2020 02:00 EDT

How Kenya’s WAYO uses AI to help retail companies predict demand for their products

Kenyan startup WAYO, an AI-powered customer experience management platform that collects, monitors, and evaluates in real-time, is helping retail companies predict demand for their products, and plans to scale into Nigeria shortly. Founded in 2015, WAYO allows retail organisations with large customer bases to obtain insights into the performance of their products and services, and [...] Read more

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Disrupt Africa
Disrupt Africa · 10/29/2020 05:00 EDT

Cape Verde-based events startup merges with Portuguse company to help it scale

Cape Verde-based event ticketing and marketing platform Passafree has merged with Portuguese company Best-id to form PassiD, with the new combined venture planning to scale across Africa and Europe. Launched in 2017, Passafree provides event producers with an end-to-end management solution, including the ability to accept payments during events using RFID wristbands. The startup was [...] Read more

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Disrupt Africa
Disrupt Africa · 10/29/2020 04:00 EDT

Nigerian startup SeamPay launches mobile wallet for faster digital payments

Nigerian fintech startup SeamPay has launched a mobile wallet that provides users with a fast, safe, easy and contact-free way to send and receive money and pay for products and services. Launched at the start of October, SeamPay aims to provide users with payment experiences that are seamless, inclusive and simple, and delightful.  “As customers [...] Read more

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Disrupt Africa
Disrupt Africa · 10/29/2020 02:00 EDT

Kenyan ed-tech startup eLimu acquired by CcHub to become incubator’s education arm

Kenyan ed-tech startup eLimu has been acquired by Co-Creation Hub (CcHub) in a deal that will transform eLimu into the educational arm of the incubator. eLimu has developed revision and literacy platforms that make learning fun and engaging for children both at school and at home, combining engaging content with proven pedagogies. The startup helps [...] Read more

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