DigiFi Network, a Wi-Fi-enabled platform that helps business owners reach digital audiences more efficiently and affordably, has raised pre-seed funding from the US-based Loyal VC to help it scale. Founded in 2019 by Ahmed Nassef and Mohamed Maher, DigiFi allows customers to share their basic profile data with a business owner in exchange for free [...] Read more ›
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Kenya-based big data startup String Analytics is running two pilots of its platform in the credit-scoring space at home as it prepares to expand its operations to Nigeria. Formed in Kenya in 2019 by Mugo Ngatia and Wanyeki Muigua, String Analytics provides a platform for organisations to better understand their data, and incorporates tools for [...] Read more ›
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French South African Tech (FSAT) Labs has opened applications for season seven of its incubation programme, which helps founders transition from early-stage concepts or first release products to obtaining product-market-fit, raising funding, and reaching scale. FSAT Labs is looking for aspiring entrepreneurs that use digital technology to make a positive impact on South Africa and [...] Read more ›
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More than 600 startups from across the continent applied for this year’s Ecobank Fintech Challenge, with the 10 finalists including well-known and fast-growing startups such as South African companies uKheshe and Growth Factor. But while those two businesses eventually came second and third when the winners of this year’s challenge were announced this week, the [...] Read more ›
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South African recruitment startup Job Crystal has raised ZAR4.2 million (US$250,000) in funding from Enygma Ventures’ Shift Fund to enable it to expand its impact. A partnership between Enygma Ventures, a ZAR100 million (US$6.8 million) fund launched late last year with a focus on investing in women entrepreneurs in the SADC region, and Startup Circles, [...] Read more ›
1
A new financial relief facility has been launched for Nigerian startups affected by the COVID-19 crisis, which will disburse grants to ensure qualifying post-MVP stage high-growth companies remain viable and resilient. Launched by Ventures Platform and Acumen, with support from LoftyInc, the Nigeria Impact Startup Relief Facility (NISRF) will provide grants of between US$5,000 and [...] Read more ›
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Egyptian e-health startup Aldoctor, which provides users with on-demand access to medical practitioners in a bid to make accessing healthcare more affordable and efficient, is beginning its expansion across the country. Launched in January 2019 by Wael Galal, Aldoctor has developed an application that provides on-demand medical services to patients via a network of service [...] Read more ›
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Six Nigerian agri-tech startups have been named finalists of the FCMB Agritech EPIC Pitch 2020, which will provide winners with cash funding and other types of support. Disrupt Africa reported in July Nigeria’s First City Monument Bank (FCMB) had partnered Passion Incubator to launch the third edition of the competition, setting aside NGN1.5 million (US$4,000) [...] Read more ›
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Egyptian on-demand laundry app Makwa has raised a six-figure US dollar funding round to help it grow its team, upgrade its tech and expand into new verticals. Founded in 2018 by Aly Eteiba, Makwa is a mobile app providing dry cleaning and laundry pick-up and delivery services. Customers use the app to schedule pick-up and [...] Read more ›
2
Ghanaian startup Nokwary has been named overall winner of this year’s Ecobank Fintech Challenge, securing US$10,000 in prize money. The Ecobank Fintech Challenge, previous editions of which were won by Tanzania’s Nala and Nigeria’s IroFit, was open to submissions from all startups and developers in any of Africa’s 54 countries. After a competitive process, 10 [...] Read more ›
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Startup support organisation enpact has launched the Empowering Entrepreneurship Initiative, which will initially focus on helping hundreds of startups from across the world overcome challenges associated with COVID-19. The Empowering Entrepreneurship Initiative, launched by enpact, supports young, innovative businesses in Egypt, Ghana and Kenya, as well as Jordan, Indonesia and Mexico, with a curated combination [...] Read more ›
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The Rwandan government has become the latest on the continent to start working on implementing a Startup Act, which it hopes will spur the development of the country’s tech-based services industry. The aim is to establish a continent-leading startup ecosystem, and to legislate for this the Rwandan government has recruited the Innovation for Policy Foundation [...] Read more ›
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South African startup TradeSafe, an online escrow platform that safeguards the buyer’s funds in trust in a transaction involving two or more parties, has raised an undisclosed amount of funding from Standard Bank in return for a 35 per cent equity stake. Disrupt Africa first reported on TradeSafe back in 2018. The startup’s escrow platform [...] Read more ›
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South African e-commerce startup Luntu has launched its platform, enabling conscious consumers to purchase goods that align to their values in an easy way whilst empowering ethical businesses. Launched this month, Luntu operates as an e-commerce website, allowing users to add items to cart, make secure payment, and receive delivery to their home address, but [...] Read more ›
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Twenty-three innovators and tech firms have been awarded a share of NGN100 million (US$260,000) in grant funding by the Lagos State Government. The grants recipients are the first picked to benefit from a research and innovation fund launched last year by the Lagos State Government and run by the Lagos State Science Research and Innovation [...] Read more ›
1
South African startup DataProphet, which uses artificial intelligence (AI) to help manufacturers autonomous their operations, has raised a US$6 million Series A funding round to help it expand internationally. DataProphet was formed in 2014 when two friends at the University of Cape Town, Frans Cronje and Daniel Schwartzkopff, decided to use their knowledge of AI [...] Read more ›
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Egyptian fintech startup Thndr, a participant in the most recent Y Combinator accelerator, is gearing up for its formal launch after receiving the first new brokerage license granted in the country in over a decade. Disrupt Africa reported earlier this month Kenyan retail-tech startup MarketForce was the only Sub-Saharan African company selected for the Y [...] Read more ›
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Kenyan fintech startup myNGOVO has launched a personal finance app that empowers employers to offer salary advances as an employee benefit with no interest charges. Through the myNGOVO platform, employees are able to request up to 50 per cent of their salaries in advance, with payments received into their mobile money account. “Income timing does [...] Read more ›
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Eleven startups from across the continent have been selected to participate in the first Africa Artificial Intelligence Accelerator in Ghana, which will help them turn their ideas into feasible solutions. Disrupt Africa reported in June Ghana Tech Lab had partnered Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and IBM to run an AI-focused accelerator programme, designed [...] Read more ›
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Nigerian startup PENG is bridging the gap between African talent and their fans by allowing people to book and pay for personalised video shoutouts from their favourite celebrities. Launched last year, PENG is currently working with about 60 individuals across categories such as entertainment, fashion, business, sports and religion. Users are able to request and [...] Read more ›
1
Most popular sources
Business Insider
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28% 6 |
Tom's Hardware
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23% 12 |
Financial Times
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6% |
Slashdot
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5% 1 |
Engadget
|
4% 1 |
| View sources » | |
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24.12.2025 22:27
Last update: 22:15 EDT.
News rating updated: 05:20.
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