The Obuntu Foundation has announced applications for its second programme, which aims to catalyse, accelerate, and support emerging venture capital fund managers in Africa. The Obuntu Foundation, in an effort to foster innovation and economic growth in Africa, has established the Obuntu Launchpad Fellowship, which is co-designed with and delivered by African and global leaders [...] Read more ›
0
Egyptian startup Shobly is a specialised e-commerce enabler that empowers SMEs in the MENA region to establish and manage their independent online stores effectively. Founded in October 2021 by CEO Abdulrehman Ahmed and CTO Ali Dawood, Shobly makes it easy for SME owners to launch an online store to sell their products and services, and [...] Read more ›
6
ErrandPay, a leading fintech startup, is thrilled to announce its revolutionary partnership opportunities for microfinance banks, co-operatives, and entrepreneurs aiming to accelerate financial inclusion and transform Africa’s tech space. With its multi-currency white-label agency banking and merchant payment technology, ErrandPay empowers these organizations and individuals to establish robust payment solutions, paving the way for greater [...] Read more ›
0
The Baobab Network, a Nairobi-based accelerator that invests in early-stage tech companies across Africa, has announced its latest cohort of five investees, each of which secures US$50,000 in funding. The Baobab Network has been accelerating startups with capacity building and fundraising since 2019, and accepted its last cohort in February. It recently upped its standard [...] Read more ›
8
South African accelerator Grindstone has partnered Digital Jersey to launch the inaugural Grindstone UK & Channel Islands programme in Jersey. Sponsored by a number of companies, including Polygon Collective and KischIP, to name a few, the six-month acceleration programme will support 10 high-growth, innovation-driven scale-ups through in-depth coaching and mentorship focused on market access and [...] Read more ›
15
A survey of female founders within the African tech startup ecosystem has revealed high levels of discrimination, with respondents reporting negative experiences with customers, employees and investors, as well as numerous unwanted sexual advances in the workplace. The survey forms part of “Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem”, the 21st publication [...] Read more ›
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BoxCommerce is now the leading B2B e-commerce platform in Kenya having reached 5,400 merchants to make it 16 times larger than main competitor Shopify in the East African country. Founded in 2017, BoxCommerce was created to allow merchants in emerging markets to sell online in under 10 minutes with payments and logistics built in. The [...] Read more ›
9
Egypt’s Stllr, a regional network of independent creators and boutique agencies, has partnered with Payoneer, a financial technology company empowering the world’s small and medium-sized businesses to transact, do business and grow globally. Launched in December 2021, Stllr reduces wasted costs in marketing departments and miscommunication with external vendors, offering companies a plug-and-play marketing model [...] Read more ›
3
Not many in the African startup space will have heard of Prembly, which is best known for its Y Combinator-selected Identitypass product. But the company is much more than just one service. Formed in 2021 when it commercialised Identitypass, a digital verification product, Prembly formalised as a parent company late last year after recognising the [...] Read more ›
15
Kenyan fintech startup Pezesha has partnered retail distribution platform Kyosk App to enable Kyosk merchants in Kenya – and soon in Uganda – to access affordable inventory credit. Founded in 2017 by Hilda Moraa, Pezesha offers a B2B digital lending infrastructure focused on providing affordable working capital to financially-excluded SMEs in Sub-Saharan Africa. Partners integrate [...] Read more ›
0
Winners have been announced across 14 categories for the third edition of Egypt’s Entrepreneur Awards (EEA). This year’s edition of the awards brought new categories including “Next Gen Intrapreneur of the Year”, “Rising Entrepreneur of the Year”, “Entrepreneur for Good Award”, “From Art to Business” and EEA’s first regional award, in partnership with IFC, ‘She [...] Read more ›
0
Kenyan startup Nifty Works is an award-winning creative company, but since its formation in 2013 the way people consume content has changed. Now, with the help of key partners, it is truly transitioning into the on-demand age. Co-founded by Muthoni Waigwa and Nyatetu Kiragu, Nifty Works recognised the increased demand for digital content in Africa, [...] Read more ›
6
Ten African entrepreneurs from five startups on the continent have been accepted into the global Endeavor network in the last 12 months, gaining access to various support services to help their companies scale. The Endeavor initiative works to catalyse long-term economic growth by selecting, mentoring, and accelerating the best high-impact entrepreneurs worldwide, and has accepted [...] Read more ›
14
African venture capital talent network Dream VC has selected 54 fellows from 22 countries into the 2023 cohort of its flagship VC accelerator programme, which helps current and aspiring investors to break into the African venture space. Founded in 2021, Dream VC has trained more than 80 African and Africa-focused investment professionals in three successive [...] Read more ›
9
Women-led African tech startups are significantly less likely to raise funding than their male-run counterparts, according to a groundbreaking study on gender diversity released by Disrupt Africa. Since launching its research arm in 2016, Disrupt Africa has built up a significant portfolio of publications, most notably the African Tech Startups Funding Report, Finnovating for Africa, [...] Read more ›
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The Rwanda-based Ampersand, an integrated electric motorcycle and transport energy solution, has reached a major milestone in its mission to provide sustainable mobility solutions in Kenya and Rwanda, with it now having more than 1,000 commercial use electric motorcycles on the roads. Launched commercially in May 2019, Ampersand assembles and finances electric motorcycles that cost [...] Read more ›
3
Applications have opened for the latest edition of Pitch AgriHack 2023, which is seeking young agri-tech entrepreneurs with solutions addressing food security challenges and empowering smallholder farmers across the continent. Pitch AgriHack offers a platform for these entrepreneurs to present their technological solutions in order to transform the continent’s agricultural landscape. With a total prize [...] Read more ›
21
Tunisia-founded expense management software company Expensya is to be acquired by Swedish counterpart Medius for an undisclosed sum. Founded in 2014 by Karim Jouini and Jihed Othmani, Expensya offers a software-as-a-solution (SaaS) platform that helps businesses of all sizes manage their expenses. Its web, mobile and smart payment-card solutions automate spend management for more than [...] Read more ›
17
Nigeria’s Haul247, an end-to-end logistics tech platform connecting businesses to haulage and warehousing assets in one ecosystem, has raised US$3 million in seed funding to increase its market share in Nigeria, expand to other African markets, recruit talent, and develop its technology. Founded by Sehinde Afolayan, Tobi Obasa and Akindele Phillips during the COVID-19 lockdowns [...] Read more ›
2
Startups in Ghana, Kenya, Nigeria and Tanzania have been offered the chance to scale their impact-driven companies and receive a grant investment of up to EUR100,000 (US$107,000) from develoPPP Ventures. On behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), and implemented by DEG Impulse, develoPPP Ventures aims to empower startups with [...] Read more ›
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Most popular sources
Business Insider
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28% 0 |
Tech Wire Asia
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14% 9 |
CNET
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7% 4 |
Gizmodo
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6% 1 |
Eurogamer.net
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6% 1 |
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28.11.2024 01:54
Last update: 01:40 EDT.
News rating updated: 08:41.
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