The GIZ Digital Transformation Centre (DTC) Kenya, in collaboration with the GFA Group, has announced a call for proposals to establish and operate a Green Digital Innovation Hub (gDIH) in Kenya. The gDIH aims to support the country’s digital transformation while promoting sustainable development, circular economy, environmental protection, and climate change mitigation. With a focus [...] Read more ›
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Kenya’s Patamali has developed a groundbreaking decentralised finance (DeFi) platform operating on the Celo blockchain that aims to revolutionise the real estate financing space. Founded by Laura Omanga and Allan Musomba Mulei in November 2021, Patamali was born out of a passion to provide accessible financing solutions, ensuring that individuals and businesses have the opportunity [...] Read more ›
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Nigerian fintech startup Lemonade Finance has announced its rebranding to LemFi, saying the decision to change the name was driven by a desire to simplify and capture the essence of the company’s vision and to differentiate itself in the evolving financial services landscape. Lemonade Finance was founded in 2020 to empower immigrants seeking to achieve [...] Read more ›
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Applications have opened for the second edition of the ARM Labs Lagos Techstars accelerator, which provides access to up to US$120,000 in equity funding and other types of support. Launched by Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customised programming for early-stage entrepreneurs, in partnership with ARM Labs, a [...] Read more ›
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Ugandan fintech startup Zofi Cash has secured US$1 million in pre-seed funding to double down on its commitment to ensuring that every day is a payday for salaried workers. An instant salary advance platform, Zofi Cash offers employees early access to wages, ensuring that people have the financial resources they need to take care of [...] Read more ›
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Tunisian B2B e-commerce startup Kamioun aims to become the leading mobile platform for corner shops, helping them simplify replenishment processes as a stepping stone into other aspects of business digitisation. Kamioun in its current form was formed as a pivot from a previous idea during the first COVID-19 lockdown in 2020, and is essentially a [...] Read more ›
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Egyptian Internet of Things (IoT) startup CardoO has launched its first IoT-enabled smartwatch, marking its debut in the device market with the intention of simplifying and enhancing the lifestyle of its users through advanced features and connectivity. CardoO facilitates access to the latest affordable consumer electronics and IoT devices for MENA consumers, offering these products [...] Read more ›
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Twelve African startups have been selected to pitch for investment opportunities at Africa Tech Summit London at the London Stock Exchange on June 23. Africa Tech Summit (ATS) is a leading African tech conference series providing insight and networking with the African tech ecosystem in Nairobi, London and Ghana. ATS London is its 15th live [...] Read more ›
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Kenyan startup GoBEBA says it is reimagining Africa’s utilities supply chain to help provide the infrastructure that can cope with the continent-wide explosion in urban growth. Formed in 2019 by Peter Ndiang’ui, a former OLX general manager, and Lesley Mbogo, a former head of product at Amazon, GoBEBA is an online distributor of bulky refillable [...] Read more ›
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Nigerian fintech startup Earnipay, which provides flexible and on-demand salary access to income-earners, is now quickly scaling after US$4 million funding round. Founded by Nonso Onwuzulike in 2019, Earnipay integrates employer payroll and HRM systems to enable on-demand financing for employees to access their earned salary instantly, without interest. Its solution helps organisations improve employee [...] Read more ›
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Nigerian startup CDcare, which is making it easy for Africans to own gadgets, appliances, cars and more at zero interest through smart installment plans, has passed the 500,000 download mark. Launched in 2019, CDcare combines savings and loans features in its marketplace, allowing users to automate the payment of a monthly or weekly amount towards [...] Read more ›
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A total of 35 startups have been shortlisted across 11 categories for the third edition of the Egypt’s Entrepreneur Awards (EEA). Across all the categories, the third edition of the EEA competition received 286 applications, and after significant deliberations by a panel of distinguished jury members, 35 nominees were chosen as finalists. “We created this [...] Read more ›
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“Emancipated accountant” Brett Commaille has been around the South African – and African – venture space for longer than most, and through Hlayisani Capital he is now helping tech startups along their next stage of growth. Commaille spoke to Disrupt Podcast as part of episode three of “The month in VC”, a new monthly podcast [...] Read more ›
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South Africa’s Play Sense, an independent pre-school that offers play-based learning through its online micro-schools platform plaDorm, has secured an undisclosed funding round from Grindstone Ventures as it prepares for expansion. Founded by early childhood experts Meg Faure and Lara Schoenfeld, Play Sense combines various types of play to develop toddlers and pre-schoolers core skills [...] Read more ›
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A new collaboration between VC4A and TrustLaw is offering social enterprises the opportunity to access pro bono legal counseling. TrustLaw is the programme of the Thomson Reuters Foundation through which it provides pro bono legal assistance to NGOs and social enterprises through its legal network, comprised of law firms and in-house legal teams from 180 [...] Read more ›
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South Africa’s Tyme, one of the fastest growing digital banking groups in the world, has raised US$77.8m as part of its pre-Series C capital raise to further operations in South Africa and the Philippines, as well as for future expansion in Southeast Asia. The first bank in South Africa to be operated fully off a [...] Read more ›
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Nigerian startup Korfaw Industries has created an emergency app called NauNau SOS, which allows users to send an SOS to five pre-selected contacts along with a 15-second video, GPS location and custom message during an emergency. NauNau SOS App is available in Nigeria and Ghana on Google PlayStore, and also available in other countries including [...] Read more ›
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Applications have opened for the ygap South Africa Accelerator programme, which helps ventures to refine and validate their business model, move towards financial sustainability, and grow the impact they are having in their community. The ygap South Africa Accelerator programme will expand a startup’s ability to increase revenue, create employment opportunities, secure further investment, and [...] Read more ›
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Kenyan startup Chumz has built a goal-based mobile app that helps users save and invest money from their mobile money accounts, with as little as US$0.05. Formed in late-2019, Chumz worked on a prototype in 2020, reaching out to the regulator for a license in late-2020 and receiving one a year later. The platform works [...] Read more ›
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Brolly, a Ghanaian insurtech startup specialising in affordable car insurance, has been selected for the Summer 2023 cohort of the Techstars accelerator in Tulsa, Oklahoma, securing access to mentorship, US$120,000 in funding and the opportunity to secure further investment at demo day. Brolly is committed to providing fair pricing, convenient payment options, and hassle-free claims [...] Read more ›
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Most popular sources
Business Insider | 24% 3 |
Tech Wire Asia | 20% 15 |
CNET | 7% 3 |
Eurogamer.net | 6% 1 |
The Verge | 5% 3 |
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28.11.2024 05:56
Last update: 05:50 EDT.
News rating updated: 12:52.
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