South Africa’s Revio, a payment orchestration platform that helps merchants optimise their order to cash lifecycle, is making waves in addressing payment failures across Africa, and is planning major expansion after banking US$5.2 million seed funding. Revio is a Africa-focused payment orchestration platform that minimizes the complexity, cost, and risk of payment operations, to help [...] Read more ›
15
South African startup Talentinthecloud has rebranded as titc.io to reflect the broadening of its product offering, from being simply a fintech jobs platform to a full-service agency. Talentinthecloud was formed in 2016, allowing fintech companies to find and attract talent, yet its offering has broadened over the last few years. It is now a comprehensive [...] Read more ›
48
Egyptian delivery management startup Roboost has partnered McDonald’s Egypt to help the fast food company automate its last-mile delivery cycle, optimising operations before delivery starts and reducing manual actions. Founded in 2020, Roboost is an AI-powered automated delivery management solution that digitally mimics real-life operations and handles day-to-day situations, capable of self-learning to optimize every [...] Read more ›
13
South African startup Cue, a frontrunner in AI-driven customer service solutions, has raised US$500,000 in funding to enhance its mission of improving customer service by harnessing the potential of cutting-edge large language models (LLM). Founded in 2018, Cue enables businesses to help customers quickly and efficiently with chatbots and live chat on WhatsApp and social [...] Read more ›
39
Egyptian insurtech startup Amenli has closed a US$1 million equity funding round to help it expand its team, further build its product and grow its brand. Founded in 2020 by Adham Nauman, Omar Ezz El Din and Shady ElTohfa, Amenli offers its clients all types of insurance, with a focus on medical, car, home and [...] Read more ›
1
Cameroonian fintech startup Koree has won US$50,000 in cash after winning top prize at the annual Ecobank Fintech Challenge. Run each year by pan-African bank Ecobank Group, the Ecobank Fintech Challenge looks to support innovative startups with cash prizes and further developmental support. This year’s edition was won by Cameroon’s Koree, for its card wallet [...] Read more ›
9
VC firms Dar Ventures and Acasia Group have joined forces to launch the DarE Incubator in Egypt, aimed at advancing the entrepreneurship ecosystem in the architecture, engineering, and construction (AEC) industry. Dar Ventures is the venture capital arm of Dar Al-Handasah (Shair and Partners), a world-class design and engineering consultancy, while Acasia Group, formerly Cairo [...] Read more ›
1
Cameroonian startup Koree, a consumer app that acts as a digital wallet for loyalty cards, is planning to expand across Francophone Africa with the help of matching funding from Catalytic Africa. Founded in September 2022, Koree allows consumers to digitally collect their spare change from cash retail payment roundups, and earn cashback from stores and [...] Read more ›
20
Sanari Capital, a women-led and majority Black- and women-owned South African private equity firm, has raised ZAR1.25 billion (US$65 million) in the second close of its growth fund, which aims to fuel employment opportunities and foster economic growth across Africa. Sanari Capital invests between ZAR50 million (US$2.6 million) and ZAR250 million (US$13 million) in well-established [...] Read more ›
0
Africa-focused venture capital firm TLcom Capital will host its fifth annual Africa Tech Female Founder Summit on November 14 in Lagos, Nigeria. The annual event will this year take place under the theme “Building Resilience: Adapting to New Realities”, which addresses the challenges African founders and operators are currently facing, as well as providing timely [...] Read more ›
2
IFC has made a US$50 million equity investment in a new fund by LeapFrog Investments, one of the largest private equity groups dedicated to impact investing in emerging markets, to improve fast-growing health and financial services firms’ access to growth capital and support job creation in Africa, South Asia, and Southeast Asia. LeapFrog invests in [...] Read more ›
2
Tech startups working to transform the agriculture and food tech industry in Africa are invited to apply for the SAIS Investment Readiness Programme to help them scale. The Investment Readiness Programme is provided by the “Scaling Digital Agriculture Innovations through Startups” (SAIS) project, implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the German [...] Read more ›
15
Senegalese FMCG intelligence startup Lengo AI has raised a seven-figure pre-seed round of funding to help it develop its product and team, and expand into new African markets. Founded in 2022 by Max Smith, Roger Xavier Macia and Ismaila Seck, Lengo AI is the first data-driven operating system for informal retail in Africa. It aims [...] Read more ›
6
Egyptian deeptech startup Intella has closed a US$3.4 million pre-Series A funding round to fuel its expansion into the Saudi market and support the development of end-to-end AI models localised for the MENA region. Founded in 2021 by Nour Altaher and Omar Mansour, Intella offers real-time, on-demand market research for its business clients across diverse [...] Read more ›
2
Applications have opened for the second edition of the IGNITE SEED Innovation programme in East Africa, which supports entrepreneurial teams with research-backed ideas focused on innovating food systems with market validation and training support to launch these ideas in the market. Run by the United Nations World Food Programme (WFP) IGNITE Innovation Hub, Circle Innovation, [...] Read more ›
2
Attracting local investors is crucial to the sustainability of a country’s local venture capital ecosystem, but encouraging institutions to overcome entrenched attitudes towards risk can be a challenge. For the latest episode of Disrupt Podcast’s “The month in VC” series, produced in partnership with Katapult Africa, Kalon Venture Partners, Hlayisani Capital, and ARM Labs Lagos [...] Read more ›
22
Nigerian company WATT Renewable Corporation (WATT), an independently-owned provider of hybrid solar solutions, has secured US$13 million in funding to catalyse its efforts in advancing renewable energy solutions and fortify its position as a leading provider of clean energy in Nigeria. WATT delivers hybrid solar solutions with social impact to mobile network operators, financial service [...] Read more ›
5
German government-funded initiative Make-IT in Africa and mobile operator Orange have opened applications for the GreenAPI: Smart Agriculture Programme, which aims to help agri-tech startups in Senegal scale more quickly. The GreenAPI: Smart Agriculture Programme is jointly implemented by Make-IT in Africa and Orange, and aims to improve agricultural practices in Africa by creating wider [...] Read more ›
2
Tanzanian startup Bizzyn, a cloud-based financial management software designed specifically for small and medium-sized businesses (SMBs) in Africa, is already operating in Kenya and Malawi as it plans further expansion across the continent. Founded in 2021 by Emmanuel Kimaro and Abbas Mussa, with funding from Adanian Labs, Bizzyn offers a comprehensive suite of tools and [...] Read more ›
2
Egyptian fintech startup MoneyHash has raised funding from GitHub founder Tom Preston-Werner as part of a soon-to-be-announced seed round. Founded in late 2020 by Nader Abdelrazik, Mustafa Eid and Anisha Sekar, MoneyHash provides a unified checkout experience built on top of a secure super-API that aggregates payment and fintech solutions through a single integration, as [...] Read more ›
0
Most popular sources
Business Insider
|
27% 3 |
Tech Wire Asia
|
9% 0 |
The Verge
|
8% 1 |
Eurogamer.net
|
7% 4 |
Android Authority
|
6% 2 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
27.11.2024 14:36
Last update: 14:35 EDT.
News rating updated: 21:32.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.