Nigeria’s Itana, formerly Talent City, has raised US$2 million in a pre-seed funding round that supports its bid to develop Africa’s first Digital Free Zone, which aims to improve the ease-of-doing-business index, drive foreign direct investment, and catalyse employment. Itana will be a fully online jurisdiction for the digital economy, with the ideal policies, business [...] Read more ›
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Kenya’s Wasoko, a B2B e-commerce company that uses innovative technology to transform the informal retail supply chain, has announced its expansion into the Democratic Republic of Congo (DRC), leveraging its existing e-commerce hub in neighbouring Rwanda. Launched in 2016 as Sokowatch, Wasoko provides free same-day delivery of essential goods and financing to informal retail stores [...] Read more ›
2
Catalyst Fund, a pre-seed venture capital fund and accelerator focused on driving climate resilience innovation in Africa, has announced the successful first close of its targeted US$40 million fund, with over 20 per cent committed. Catalyst Fund has garnered significant backing from investors including FSD Africa, FSDAi, Cisco Foundation, USAID Prosper Africa, and seasoned tech [...] Read more ›
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The Women Startup Competition Africa chapter is launching, and is calling upon African women-led enterprises that want to go global to enter. The Women Startup Competition (WSC) is a non-profit organisation that seeks to increase access to funding opportunities for women-led businesses. In its nine years of existence in Europe, the programme has assisted more [...] Read more ›
2
Nigeria’s Anchor, a pan-African Banking-as-a-Service (BaaS) provider, has raised a US$2.4 million seed funding round to launch new products, invest in its licensing and compliance infrastructure, and evaluate expansion markets. Launched in August 2022, Anchor simplifies the process of building banking products, shortening it from years to days. In partnership with regulated banking institutions, Anchor’s [...] Read more ›
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Kenyan save-to-buy platform Mosmos is allowing customers to pay for high value products and services in convenient and flexible installments, as they earn rewards and unlock discounts. Formed to bridge the affordability gap for high value products and services, and make savings targeted and achievable, Mosmos enables customers to save for items they want to [...] Read more ›
2
Endeavor Egypt has launched XceleRise, a scale-up programme to aid access to capital and market expansion for startups that promote sustainability, in partnership with GIZ Egypt. The 15-month programme is specifically designed to equip ambitious entrepreneurs with the industry knowledge, market insights, and invaluable connections necessary to successfully scale their operations internationally and raise capital. [...] Read more ›
2
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 ›
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South African insurtech startup LeaseSurance has raised ZAR3 million (US$161,0000 in seed funding to expand its team and further develop cutting-edge technology solutions for the real estate industry. LeaseSurance uses financial technology to optimise assets in rental real estate by replacing security deposits with lease insurance. The platform offers a comprehensive B2B solution to rental [...] Read more ›
2
MEST Africa has announced the opening of applications for the fifth edition of the MEST Africa Challenge, the winner of which will secure US$50,000 in equity funding. Founded in Ghana in 2008 by serial entrepreneur Jorn Lyseggen, MEST is a pan-African software and entrepreneurship training programme, seed fund, and incubator helping to launch technology startups [...] Read more ›
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Nigerian real estate investment startup Cribstock is helping users become landlords in minutes by purchasing shares of properties that can then earn rent every month from Lagos tenants. Launched in 2021, Cribstock helps allows users to own fractions of properties, and earn a share of rent from tenants. “Think of this as a platform micro-investors [...] Read more ›
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Nigerian logistics startup Kwik has launched on-demand e-commerce fulfillment service KwikShelf, its first fulfillment centre at Iddo House, Lagos. Disrupt Africa reported in July 2019 on the launch of Kwik – a digital platform connecting delivery partners and corporate customers in large African cities and offering digital solutions for e-commerce payment and fulfilment – after [...] Read more ›
9
The 17th edition of the eLearning Africa event will take place in Kigali, Rwanda, on May 29-31. Africa’s largest conference and exhibition on technology-supported learning, training and skills development, eLearning Africa is a network of leading experts, professionals and investors, committed to the future of education and training in Africa. A truly pan-African event, eLearning [...] Read more ›
2
African fintech startups raised more than US$2.7 billion in VC funding in the last two years, according to a new report. Disrupt Africa’s Finnovating for Africa publication, released every two years since June 2017, tracks the extraordinary development of the fintech ecosystem across Africa. The fourth edition of the report is released in partnership with [...] Read more ›
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AfriLabs, the largest network of technology and innovation hubs in Africa, has announced the admission of 16 new members to its community, including a member in a new country – Eswatini. AfriLabs is a network organisation that is committed to driving innovation and entrepreneurship on the continent by bringing together technology hubs, startups, investors, and [...] Read more ›
2
IFC, a division of the World Bank, has opened applications for its She Wins Africa programme, which aims to support the growth of up to 5,000 women-led startups with advice, training, mentorship, and networking opportunities. She Wins Africa, part of IFC’s wider strategy to support women entrepreneurs, is open to women-led startups and entrepreneurs operating [...] Read more ›
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South African personal finance companion FinMeUp is bridging the gap between financial education and executions through its community-based platform of almost 100,000 users. Founded in 2020, FinMeUp offers a comprehensive range of solutions including an education platform, financial advisory, investments, insurance, and credit solutions. As a community-based platform, the startup is dedicated to fostering a [...] Read more ›
5
Egyptian beauty services booking platform Glamera has successfully obtained the fintech license “SoftPOS” from Saudi Payments, the major payment system in Saudi Arabia, established by Ministry of Finance under the supervision of Saudi Central Bank, which it says will “unlock new horizons of growth and deliver an unparalleled customer experience” in the Saudi market. Launched [...] Read more ›
2
Applications are now open for Google for Startups Accelerator: AI First, an initiative aimed at supporting African startups looking to use artificial intelligence to solve local challenges. The latest Google for Startups programme in Africa recognises the transformative role AI is playing across the world, innovating industries and reimagining the realms of possibilities. It also [...] Read more ›
24
Born in Buenos Aires, Argentina, Susana Garcia-Robles moved to the United States right after college, and worked in the non-profit world until 1997 when she decided to make a career change to business. In 1999, she joined the Multilateral Investment Fund (today IDB Lab), an innovation lab within the Inter-American Development Bank, focused on Latin [...] Read more ›
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Most popular sources
Business Insider | 29% 0 |
Tech Wire Asia | 10% 5 |
CNET | 7% 4 |
The Verge | 7% 1 |
Eurogamer.net | 6% 1 |
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27.11.2024 19:38
Last update: 19:31 EDT.
News rating updated: 02:31.
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