Nigerian auto-tech startup Autochek, which is aiming to make car ownership and mobility more accessible and affordable across Africa, has spun out a South Africa-based financial services arm that provides a range of vehicle financing solutions for consumers and businesses across the continent. Autochek aims to build digital solutions that will enhance and enable a [...] Read more ›
2
Applications are open for OST Grow 2023, a pan-African investment readiness programme designed to fuel the growth of startups across the region. The 12-month OST Grow programme, in partnership with Africagrow, Bpifrance, GO Ventures, and AfricInvest Group, is aimed at startups in Africa aiming to reach their first US$1 million and expand into new markets [...] Read more ›
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African agriculture has the potential to be a breadbasket for the world, addressing food insecurity both on the continent and overseas, but is chronically underpowered. Agri-tech ventures on the continent, however, are employing innovative solutions to try and get the industry moving. Disrupt Africa recently partnered South African company IQ Logistica to release a three-part [...] Read more ›
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The Harvard Innovation Labs and Amazon Web Services (AWS) have selected 25 ventures for the inaugural NextGen Accelerator, and 11 of them are African. The NextGen Accelerator is a two-week founder bootcamp for early-stage student founders from Historically Black Colleges and Universities (HBCUs) and universities in Sub-Saharan Africa. Taking place at the Harvard Innovation Labs, [...] Read more ›
2
Nigerian merchant solution platform Traction has raised a US$6 million seed round in funding to drive expansion, accelerate growth, and strengthen its team. Traction has developed a comprehensive one-stop platform that enables businesses to accept payments, manage finances, and access essential operational tools. Business owners can accept payments via POS terminals or virtual accounts, use [...] Read more ›
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Applications have opened for the third edition of the Startup Wise Guys accelerator, which offers selected B2B Saas startups access to EUR100,000 (US$110,000) in funding, as well as an intensive five months of mentorship. Founded in Tallinn, Estonia in 2012, Startup Wise Guys manages SaaS accelerator programmes out of Milan as well as cybersecurity programmes [...] Read more ›
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Nigeria’s Remedial Health, an e-health startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has secured US$12 million in an equity and debt funding round to deepen the penetration of its services in Nigeria and support the delivery of targeted financial services to neighbourhood pharmacies. Launched in 2020 by Samuel Okwuada and [...] Read more ›
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Women Who Build Africa (WWBA), a community created to convene and support women working in tech across Africa, has announced an open call for women founders, as well as investors and ecosystem partners, to express interest in joining their first annual Assembly, taking place in Nairobi, Kenya on September 13-14. Founded in 2022 by Gwera [...] Read more ›
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Growing up in a business family in Kenya, Sapna Shah understood the power and potential of enterprise and markets to enable development, create jobs and empower consumers to choose the right products and services that work for them. After leaving her home country aged 18 to study Economics and Politics at the London School of [...] Read more ›
15
Nigerian fintech startup FastaMoni Technologies has launched EduPali, an online platform designed to tackle the significant challenges posed by high education costs and limited access to education in Africa. Launched to the public in March, EduPali provides digital payment solutions that streamline school fee payments, benefitting educational institutions and students alike. “Our focus is on [...] Read more ›
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Applications are open for the Uni:novators Startup-in-Residence programme designed to inspire innovations in selected tertiary institutions in Africa. Disrupt Africa reported CcHub had launched a new co-funded initiative to support innovation within African universities, in partnership with the Make-IT in Africa project implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the [...] Read more ›
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Kenyan startup Power Financial Wellness is a fintech platform focused on connecting workers in Africa to affordable and appropriate financial services. Founded in 2019 by Brian Dempsey, Power delivers a holistic set of financial services to the general workforce by enabling four key services – salary advances, savings and investments, loans, and insurance. “We deliver [...] Read more ›
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Kenyan startup MESH, the country’s first online community for young entrepreneurs in the informal economy, has announced it has reached 150,000 members. Launched in November 2021, MESH connects young entrepreneurs and small business owners to vital networks, tailored training content, and access to opportunities and services in the formal economy. Its new growth milestone follows [...] Read more ›
12
The 10th annual Angel Fair Africa event is set for East London, South Africa on November 29, bringing together accelerators, incubators and emerging businesses from across the African continent and investors to do deals. Held for the first time in September 2013, Angel Fair Africa has been held in Johannesburg, Lagos, Accra, Nairobi, Abidjan, Maputo, [...] Read more ›
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African governments are collaborating with tech innovators to strengthen local health supply chains, according to new research, which noted nearly 50 partnerships between health startups and African governments focused on optimising supply chains and improving health outcomes across the continent. Healthcare consulting firm Salient Advisory has launched its latest annual market intelligence report, highlighting a [...] Read more ›
14
Identity infrastructure, and allowing businesses to know their customers and avoid fraud while also availing critical services, is pivotal to unlocking financial inclusion and prosperity in Africa. Yet there remain several hurdles that need to be overcome if this infrastructure is to be properly built and maintained. This is according to the H1 2023 State [...] Read more ›
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The Africa Impact Investing Group (AAIG) has launched, aimed at accelerating impact investing across the continent and driving capital for prosperity, inclusion and measurable impact. The AIIG was officially launched at the inaugural Africa Impact Summit (AIS) held in Cape Town earlier this month, and is a regional collaboration of the Global Steering Group for [...] Read more ›
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The Africa Fintech Summit, the largest bi-annual fintech event in Africa, has opened applications for its sixth AlphaExpo Micro-Accelerator cohort. The AlphaExpo is a programme at the heart of the Africa Fintech Summit mission, and will enable up to 15 African startups to attend and exhibit at this year’s event in Lusaka, Zambia on November [...] Read more ›
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Nigerian e-health startup Clafiya has raised a US$610,000 pre-seed funding round to help accelerate its growth, finance product development, and hire tech talent. Founded in 2021 by Jennie Nwokoye, a systems engineer with experience at Deloitte and AWS, Clafiya aims to widen access to affordable healthcare services in Africa. The startup has created a virtual [...] Read more ›
1
Egypt-based ed-tech corporate VC firm EdVentures has announced a strategic partnership with VMS, a leading venture studio empowering entrepreneurs and startups in the Middle East, to enhance ed-tech in the region. Since its establishment in 2017, EdVentures, the investment arm of Egypt’s Nahdet Misr Group, has been at the forefront of investing in innovative ed-tech [...] Read more ›
1
Most popular sources
Business Insider | 26% 2 |
Tech Wire Asia | 15% 10 |
CNET | 7% 4 |
The Verge | 6% 2 |
Eurogamer.net | 6% 1 |
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27.11.2024 22:45
Last update: 22:40 EDT.
News rating updated: 05:41.
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