Stellenbosch-based startup Cloudline is developing and operating solar-powered autonomous airships that are optimised for long-duration and long-distance missions, completely rewriting the rules of aerial operations in terms of cost and reach. Founded by Spencer Horne in 2018, Cloudline combines the lifting power of helium gas with advanced flight control and powertrain technologies to allow its [...] Read more ›
93
Ghana’s Oyster Agribusiness, an agricultural enterprise that employs significant levels of tech and works closely with smallholder farmers, has raised US$310,000 in grant and debt funding to propel its mission of sustainable agriculture, gender inclusion, and talent management. Founded in 2018, Oyster Agribusiness is dedicated to empowering smallholder farmers through the provision of sustainable inputs, [...] Read more ›
2
African social enterprises are invited to apply for the latest edition of the Miller Center Accelerator, which aims to help such businesses unlock their potential. The Miller Center for Social Entrepreneurship’s accelerator programme has a track record of helping social enterprises scale their impact, attract funding, and build sustainable business models. The programme offers a [...] Read more ›
2
Startup-focused news and research company Disrupt Africa will shortly be releasing Finnovating for Africa 2023, the fourth edition of its deep-dive into the continent’s fintech startup ecosystem, for free as part of an open-sourcing initiative. Every two years since June 2017, Disrupt Africa has released the Finnovating for Africa publication, which tracks the extraordinary development [...] Read more ›
6
Kenyan startup Ed Partners has secured US$1.5 million in debt funding from social impact investor Oikocredit to provide affordable financing to private schools. Founded in 2018 by Lydia Koros and David FitzHerbert, and currently led by CEO Amos Mwangi, Ed Partners provides financing options for crucial elements of the education system, including infrastructure, technology, and [...] Read more ›
57
Applications are now open for the Hello Tomorrow Global Challenge 2023, which aims to unlock the power of deep technologies to solve the toughest global challenges. Since 2014, Hello Tomorrow has run the renowned global startup competition known as the Global Challenge, which was specifically created to meet the demands of early-stage deep tech firms [...] Read more ›
8
Founders Factory Africa has secured an additional US$113 million in funding from Mastercard Foundation and Johnson & Johnson to scale its model to better serve founders across the African tech ecosystem. Founders Factory, which originally launched in London in 2015 and has already built more than 70 startups, launched African operations in Johannesburg in 2018, [...] Read more ›
32
The Africa Money and DeFi Summit, which aims to connect African fintech and Web3 industries with international players, will take place in Accra, Ghana on October 3-4. Organised by the creators of the Africa Tech Summit Series, the Africa Money and DeFi Summit West Africa is focused on driving tech investments and fostering collaborations. It [...] Read more ›
32
Nigeria’s mobility fintech company Moove, Uber’s largest vehicle supply partner in EMEA, has announced a further US$76 million in funding to fuel further global expansion. Founded in 2019 by British-born Nigerians Ladi Delano and Jide Odunsi, Moove is democratising vehicle ownership in Africa by providing revenue-based vehicle financing to mobility entrepreneurs. By embedding its alternative [...] Read more ›
9
The co-investment fund Catalytic Africa, established in 2019 by the African Business Angels Network (ABAN) and AfriLabs, made three investments totalling EUR174,000 (US$191,000) in startups from Cameroon, DRC and Kenya in June and July. The partnership between AfriLabs, a pan-African network of technology and innovation centres, and ABAN aims to increase the pool of capital [...] Read more ›
11
Buguard, the Cairo-based offensive security and dark web monitoring company, has raised US$500,000 in seed funding to power its expansion into the GCC region. Founded by Youssef Mohamed in 2021, Buguard offers offensive security services including penetration testing and vulnerability assessment, phishing simulation, compromise assessment, threat intelligence and red teaming. Since it commenced operations, the [...] Read more ›
2
South African VC firm Knife Capital has reached final close of its US$50 million African Series B expansion fund, Knife Fund III. The Cape Town-based Knife Capital is a venture capital and growth equity investment manager focusing on innovation-driven ventures with proven traction. By leveraging knowledge, networks and funding, Knife Capital accelerates the international expansion [...] Read more ›
21
Egyptian AI recruitment startup Talents Arena has raised a US$750,000 pre-seed round of funding to power its expansion into Saudi Arabia. Founded in 2019 by Aya Elgebeely, Talents Arena has developed an AI-powered recruitment platform featuring a talents mining engine and automation features. So far it has made more than 180,000 job matches and placed [...] Read more ›
2
Twenty African female-founded tech startups have been selected for the fourth edition of The Future is Female Mentorship Programme, a PR and communications mentorship programme dedicated exclusively to African female tech founders. Launched on Africa Day in 2020, by the African tech focused PR agency C. Moore Media International PR, which has since been acquired [...] Read more ›
2
DRC’s VaultPay and Nigeria’s Chow Central have joined Rwanda’s Eden Care in being selected for the S23 batch of the renowned Silicon Valley-based Y Combinator accelerator. Disrupt Africa reported last month Rwandan insurtech startup Eden Care, which offers affordable, accessible and personalised health coverage to businesses and their employees, was the only African company far [...] Read more ›
14
South African startups have been invited to apply for up to ZAR7.5million (US$400,000) in seed funding and benefits from the Amazon Web Services (AWS) Equity Equivalent Investment Programme (AWS EEIP) to jumpstart their business. Launched in 2019, the AWS EEIP programme was created to support more equity and inclusion in the South African small and [...] Read more ›
8
Cairo-based startup Grinta, a fintech-enabled B2B tech platform digitising the pharmaceutical supply chain, has acquired Alexandria-based online pharmacy Auto-Cure to expand its footprint in the country. Founded in 2021 by Mohamed Azab, Yosra Badr, Ali Youssef, and Hamza Mohamed, Grinta is a managed marketplace that modernises the pharmaceutical supply chain by empowering independent pharmacies. The [...] Read more ›
9
Kenyan startup Lipa Later has partnered Mastercard to drive financial inclusion and expand Buy Now, Pay Later (BNPL) solutions in Africa, starting with Kenya and expanding to Rwanda, Uganda, and Nigeria. Founded in 2018, Lipa Later aims to empower African businesses to do more by enabling e-commerce, financial inclusion and shopping all on one centralised [...] Read more ›
21
Disrupt Africa has the first episode of its three-part podcast series zeroing in on the state of Africa’s e-health startup space, looking at trends, opportunities and challenges within the vital sector. Disrupt Podcast has released a number of focused series in the last couple of years, including ones venture capital, e-commerce and agri-tech, while it [...] Read more ›
23
South African personal finance companion FinMeUp has raised an undisclosed amount of funding it says will help it enhance its user experience and scale operations. 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 collaborative [...] Read more ›
2
Most popular sources
Business Insider
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27% 1 |
Tech Wire Asia
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15% 10 |
CNET
|
6% 3 |
Eurogamer.net
|
6% 2 |
The Verge
|
5% 2 |
| View sources » | |
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27.11.2024 21:52
Last update: 21:40 EDT.
News rating updated: 04:41.
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