South African auto-tech startup Carscan has raised an undisclosed amount of funding to help it scale its innovative technology. Carscan is an augmented reality (AR) app with embedded artificial intelligence (AI) that creates an accurate, reliable, agnostic, complete, and traceable digital record of a car. The platform helps automotive ecosystems buy, sell, rent, service, insure, finance and auction [...] Read more ›
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Egypt-based last mile delivery startup dreevo has launched operations across the country after raising a six-figure US dollar pre-seed funding round from EF Logistics, a third-party logistic services provider. 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 [...] Read more ›
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The second edition of Ocean Innovation Africa will take place online on November 24-25, aimed at bringing together key stakeholders to discuss ocean-impact innovations. Ocean Innovation Africa is hosted in partnership with OceanHub Africa, the Cape Town based accelerator launched last year that seeks to nurture an ocean-conscious and profitable blue economy in Africa. The [...] Read more ›
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Hasan Haider and Sharif El-Badawi, the former managing partners of 500 Startups’ MENA-focused 500 Falcons fund, have launched their own investment vehicle – the US$60 million +VC. +VC will invest in early-stage tech and tech-enabled startups in the Middle East and North Africa (MENA) region and its diaspora. The fund will work hand-in-hand with entrepreneurs [...] Read more ›
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Cairo-based fintech startup NowPay has raised a US$2.1 million seed funding round to deepen the capabilities of its platform, expand its team, and establish its footprint in the MENA region and beyond. Founded in 2019, NowPay is a financial wellness platform for emerging markets, which allows employees to access their salary at any point during [...] Read more ›
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Nigerian lending marketplace Evolve Credit has raised a pre-seed round of funding to help scale its product, which allows users to compare loans and access unbiased insights from experts. Using Evolve Credit, users can see which loan pays faster, is easier to pay back, and offers the lowest rates, all in one place. The marketplace [...] Read more ›
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Twelve tech startups from across the continent have been selected for the latest edition of Pitch Live, which will take place during this month’s digital Africa Tech Summit Connects and offers entrepreneurs the chance to present their solution to an audience of 500 investors, corporates and other stakeholders. Disrupt Africa announced last month it had [...] Read more ›
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The Global Startup Awards, the largest independent startup ecosystem awards platform globally, are expanding across Africa, into the South, North, East and West African territories. The Global Startup Awards aim to find, recognise and connect the future-shapers of the digital age from all around the world. First launched in Africa in 2018 as the Southern [...] Read more ›
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Nigerian agri-tech startup Thrive Agric has shuffled its management team, a move that involves replacing its co-founder as chief executive officer (CEO), as it looks to turn the business around after failing to payout subscribers in time in the wake of a slowdown caused by the COVID-19 pandemic. Launched in beta at the end of [...] Read more ›
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Kenyan startup Komboa has launched a peer-to-peer (P2P) car-sharing platform, which allows users to rent private vehicles. Komboa, which launched on desktop in June and will soon have its own app, was built to challenge the traditional model of owning a car, by allowing users to rent for the long-term. “We are firm believers in [...] Read more ›
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Nigerian online savings startup Cashbox has reported stellar growth in 2020 so far, having helped over 100,000 users save more than US$2.5 million this year. Launched in January 2019 with the goal of helping people to easily save money irrespective of their income or social class, Cashbox allows users to earn interest on their savings [...] Read more ›
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Nigerian logistics startup MVXchange, which started life focusing on the energy industry, rolled out a new trade-focused product in March, though initial uptake has been hindered by COVID-19. Launched in 2019, MVXchange is a tech-driven maritime platform that matches vessel charter requests with available Offshore Support Vessels (OSVs), helping users conveniently charter vessels while reducing [...] Read more ›
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Egyptian startup Milango, a community management solution provider, has raised a six-figure US dollar seed funding round to further expand across the MENA region and roll out new products. Milango provides community management solutions to closed communities with products tailored to gated compounds and sporting and social clubs, among other communities. The startup’s platform offers [...] Read more ›
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African startups that modernise the very traditional automotive industry on the continent can be game changers and have the potential to be among the continent’s best-performing companies. That is according to Etop Ikpe, the former chief executive officer (CEO) of Cars45 and the founder of Autochek, a newly-founded Nigerian startup aiming to build digital solutions [...] Read more ›
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Algerian mobility startup temtem has diversified its offering with the launch of a “super app” that allows users to access a range of services in one place. Launched in 2018, temtem made its name as a mobility application that allows users to order private drivers and have products delivered.  The startup raised Series A funding [...] Read more ›
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Zambian startup Yellow Mango has launched an online platform that connects customers with skilled construction specialists in a bid to make the building industry more efficient and affordable. Launched in July, the Yellow Mango marketplace connects people with work that needs doing with recommended construction tradesmen and professionals. Users can search for certain skills and [...] Read more ›
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Three African tech startups are set to pitch at the virtual Seedstars International Demo Day next week, after taking part in the Seedstars Growth Programme. The Seedstars Growth Programme was designed to help companies with early signs of product-market fit implement a growth methodology and unlock their growth formula, positioning them to raise their Series [...] Read more ›
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Kenyan startup PesaKit is aiming to become a super-platform for African mobile money agents, enabling them to become a reliable last mile distribution channel for digital and financial services. Launched in beta in November 2018, PesaKit in announced the public launch of its app-based platform for mobile money agents, available on Android, in August. Self-described [...] Read more ›
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West African energy startup Easy Solar has raised a US$5 million Series A debt and equity funding round to help it scale operations and launch new products in Sierra Leone and Liberia. Founded in 2016, Easy Solar is an innovative distribution company making energy and financial services affordable and accessible for those with limited access [...] Read more ›
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Nigerian startup ImaliPay has launched its platform, which leverages artificial intelligence (AI) and big data to offer tailored financial products that promote the inclusion of gig economy platforms and workers across Africa. Co-founded early this year by Tatenda Furusa and Sanmi Akinmusire, ImaliPay offers both new and existing gig workers or freelancers the ability to [...] Read more ›
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Most popular sources
Business Insider
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30% 9 |
Tom's Hardware
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15% 6 |
Vox
|
11% 8 |
Slashdot
|
7% 2 |
Android Authority
|
4% 1 |
| View sources » | |
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24.12.2025 16:30
Last update: 16:20 EDT.
News rating updated: 23:21.
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