Founders of pre-seed African startups have been invited to apply for the DFS Lab accelerator, which offers funding of up to US$50,000 and additional support to companies building the future of digital commerce in Africa. DFS Lab invests in early-stage digital commerce companies serving African markets, with its portfolio including mostly fintech, e-commerce, and logistics [...] Read more ›
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African news, research and eventing company Disrupt Africa has reprised its partnership with Africa Tech Summit (ATS) to power startup-focused sessions and pitching opportunities at the Africa Tech Summit Connects digital event next month. Following successful annual Summits in Kigali, London, Washington DC, and Shanghai, ATS will celebrate its 10th edition online on October 20-22. [...] Read more ›
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Non-profit Engineers Without Borders (EWB) Canada has delayed the launch of fundraising for its US$24 million Hummingbird Impact fund as a result of the impact of the COVID-19 pandemic. Disrupt Africa reported in March on the launch of Hummingbird Impact by EWB Canada, which said its new investment vehicle would provide early institutional capital and [...] Read more ›
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South African prop-tech startup Roundr has raised further funding from the UK-based investment firm i7V to see it through its current beta phase and help it move to market by the end of the year. Launched in September 2017 by chief executive Jansen Myburgh and head of communications Daisy Myburgh, Roundr developed a mobile app [...] Read more ›
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The SAB Foundation has opened applications to its annual Tholoana Enterprise Programme, which each year provides 60 South African entrepreneurs with seed funding, mentorship and business management training aimed at helping them nurture sustainable enterprises and create jobs. With only 25 per cent of businesses surviving beyond five years, a trend that is likely to [...] Read more ›
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The Kenya-based music service Mdundo is listing its shares on the Nasdaq First North Growth Market Denmark tomorrow following an oversubscribed pre-sale period that raised DKK40 million (US$6.4 million), in a bid to solidify its leading position in the pan-African music market. Launched in 2013, Mdundo provides access to all the continent’s favourite music to [...] Read more ›
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South African prop-tech startup HouseME has raised a fourth round of funding from new and existing investors, who are backing the company to build its position in the long-term digital letting market. Formed in 2015 and available to the public by the end of 2016, HouseME is a digital platform that connects prospective tenants to [...] Read more ›
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Nigerian cryptocurrency exchange Yellow Card has secured a US$1.5 million seed funding round to help it expand to more new markets. Founded by Chris Maurice, Justin Poiroux and Munachi Ogueke, Yellow Card offers users multiple payment options, low fees and competitive rates, and has already seen strong uptake in Nigeria, where it has over 35,000 [...] Read more ›
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South African e-health startup Healthcent, which is behind the Signapps messaging platform, has won a contract with the United Kingdom’s National Health Services (NHS) to provide its software as a service (SaaS) communication platform for the management of clinical communication to NHS Trusts. Healthcare providers use Signapps to confidentially communicate and share clinical updates on [...] Read more ›
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Black female tech founders in South Africa have been invited to apply for the I’M IN pre-accelerator, which will provide them with funding, mentorship and coaching. The I’M IN Accelerator is calling on all South African black women with early-stage technology business ideas or concepts to apply for this new programme, which will take place [...] Read more ›
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Growing up, Brian Mwenda attended integrated schools, where he interacted and became friends with many visually-impaired people. Later, he started using his technical skills to improve their quality of life. At university, while studying for an engineering degree in electronics, he began prototyping assistive devices that could help his friends integrate better into society. One [...] Read more ›
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Cairo-based food delivery startup Ordera has raised a six-figure seed funding round to help it expand its team and launch in new cities. Launched in 2019 by Karim Abdel Kader, Noha Bassiouny and Abeer Mostafa, Ordera allows users to order ahead, pay and pick up orders, providing contactless drive-through and on-the-go pick-up options. The startup [...] Read more ›
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coLABS, a gender-lens investment portfolio launched by US based impact investor Gray Matters Capital (GMC), is inviting applications from market driven, post-revenue ventures that demonstrably create sustainable futures for women at scale. Social enterprises that align with the investment criteria, advance through the due diligence process, and are successful in pitching their businesses to the [...] Read more ›
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West African startup Gozem, which started out in the ride-hailing business but has been adding product lines, has transitioned into an African “super app” with the rollout of a new interface. Launched in Togo in November of 2018 on the back of raising US$900,000 in funding, ride-hailing app Gozem swiftly expanded to Benin and added [...] Read more ›
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Nigerian agri-tech startup Hello Tractor has been selected to join Mastercard’s Start Path engagement programme, which provides startups access to experts and infrastructure. Hello Tractor connects tractor owners to farmers through an Internet of Things (IoT)-enabled digital solution that bridges the gap between manual and mechanised farming. The startup, which operates across Nigeria and Kenya, [...] Read more ›
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Leading Kenyan mobile network operator (MNO) Safaricom has announced the second edition of its Spark Venture Fund, which will invest a total of US$6 million in several innovative Kenyan tech startups. Safaricom first launched the Spark Venture Fund back in 2014, to invest and support late-seed, early growth stage companies with a presence in Kenya, [...] Read more ›
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Nigerian video-on-demand (VoD) company IROKO is to pivot from focusing on African growth and target customers in North America and Western Europe as it looks to stem losses caused by, among other things, COVID-19, at the cost of around 150 jobs. IROKO, which sold ROK, its African film studio and international TV network, to CANAL+ [...] Read more ›
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Ivory Coast-based video on demand (VoD) startup StarNews Mobile, which helps connect users with their favourite celebrities, has passed the five million subscriber mark after just over two years in operation. Launched in July 2017, StarNews Mobile targets the mass market with a network of over 50 mobile channels offering celebrity-based content priced at low [...] Read more ›
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Tanzanian fintech startup ​Mipango has been selected to take part in ​NVIDIA Inception​, a virtual programme designed to nurture startups revolutionising industries with advancements in artificial intelligence (AI) and data sciences. Disrupt Africa reported in June on the launch of Mipango, an AI-based personal finance mobile application that enables users to manage their income, expenses, [...] Read more ›
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With South Africa battling the COVID-19 pandemic, and its economy suffering, many families are facing ongoing financial hardships and resorting to taking loans from micro-lenders and loan sharks. This was an issue experienced first hand by Raeesa Gabriels, whose domestic worker was exploited by a loan shark who confiscated her ID book when she could [...] Read more ›
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Most popular sources
Business Insider
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28% 6 |
Tom's Hardware
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25% 13 |
Financial Times
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6% |
Slashdot
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5% 1 |
Engadget
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4% 1 |
| View sources » | |
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24.12.2025 22:15
Last update: 22:10 EDT.
News rating updated: 05:11.
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