Kenyan startup TopUp Mama, which simplifies restaurant procurement processes, has rebranded as Caantin, saying its new brand identity and enhanced platform embodied its dedication to boosting the restaurant industry’s contribution to Africa’s GDP and providing better financing access for restaurants and suppliers. Founded in 2021 by Njavwa Mutambo, Emilie Blauwhoff and Andrew Kibe, TopUp Mama [...] Read more ›
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Africa Tech Summit (ATS), a leading tech conference series that drives business and investment across the continent, will host the seventh edition of its London event on June 23 at the London Stock Exchange. ATS is a leading African tech conference series providing insight and networking with the African tech ecosystem in Nairobi, London and Ghana. ATS [...] Read more ›
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Ever wondered what the process is behind raising a venture capital (VC) fund? For the latest episode of Disrupt Podcast’s “The month in VC” series, produced in partnership with Katapult Africa, Kalon Venture Partners, and Hlayisani Capital, we discussed the mechanics of raising a fund, and how GPs and LPs work together once that has [...] Read more ›
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Egyptian fintech startup Balad has raised a seven-figure USD pre-seed round of funding to launch its remittances platform, build out its team, and obtain required licenses. Founded in 2022 by Adham Azzam, Sally Asaad and Mohamed Assem, Balad is a remittance-driven financial service provider catering for migrants and their families. The startup offers reduced transfer [...] Read more ›
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South African digital student accommodation platform DigsConnect has secured an undisclosed amount of funding from Intaba Capital as part of its ongoing Series A round. Launched by Alexandria Procter and Greg Ramsay-Keal in 2018, the DigsConnect platform allows landlords, estate agents and property managers to post their property listings, with students then searching and filtering [...] Read more ›
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Nigerian startup Salad has built an employee financial services offering that caters to the financial health of employees in Africa, to enhance their general wellbeing and productivity. Founded in March 2022 by CEO Chikodi Ukaiwe and CTO Seunfunmi Omotunde, Salad launched its MVP into the market in July of the same year. The startup provides [...] Read more ›
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The Nairobi developer community was hosted by BudPay, a leading payment processor this past Saturday. The event was designed to attract developers eager for chances to demonstrate their coding prowess, discover new technologies, and connect with other developers. It was themed themed “FINTECHATHON”. Wale Hassan, BudPay’s CEO, shared that the goal was to encourage innovation [...] Read more ›
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Nigerian startup Dojah, a leading provider of identity verification solutions for digital businesses onboarding African users, has launched EasyDetect, an advanced fraud detection tool that empowers businesses to identify and prevent fraudulent activities on their platforms. Y Combinator alumni Dojah is a leading provider of all-in-one identity verification solutions, helping African businesses to build smoother [...] Read more ›
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African startups are invited to apply for the GSMA Innovation Fund for Climate Resilience and Adaptation 2.0, which aims to to pilot and scale-up digital technology innovations that make a positive socio-economic and environmental impact in areas with communities most vulnerable to current or future climate risks. Launched in partnership with the UK Foreign, Commonwealth [...] Read more ›
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South African e-health startup Quro Medical has raised ZAR25 million (US$1.3 million) in funding from the Mineworkers Investment Company (MIC). Founded in 2018, Quro Medical has developed an affordable and accessible hospital-at-home solution that combines state-of-the-art hardware and software with clinical excellence to manage acutely ill patients in the comfort of their homes. The startup [...] Read more ›
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Kenyan startup Fingo has partnered Ecobank to launch a new app aimed at powering financial inclusion across Africa. Fingo, which took part in Y Combinator in 2021, empowers Africa’s youth by enabling them to open a bank account via their mobile phone in less than four minutes, send money to other Fingo users for free, [...] Read more ›
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Four African founders were among the 10 from around the world that participated in the just-concluded Westerwelle Young Founders Programme and have now been chosen to pitch at the Young Founder Conference in Berlin. The Westerwelle Foundation for International Understanding supports collaboration between young entrepreneurs, executives and decision makers from around the world. Its Young [...] Read more ›
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Kenyan company Raise, an end-to-end fundraising platform, has raised an undisclosed amount of funding from Carta, a San Francisco-based company that specialises in capitalisation table management and valuation software. Founded in 2018 by Marvin Coleby and Eugene Mutai, Raise launched its alpha in 2019 and went public in June of 2020. Its platform is designed [...] Read more ›
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Egyptian investment platform Exits MENA has obtained the final securities promotion and underwriting license from the Egyptian Financial Regulatory Authority (FRA), enabling it to expand its services and provide further investment channels. Founded in 2022 by Mohamed Aboulnaga, Ahella El Saban and Ayman El Tanbouly, Exits MENA is an investment platform that provides a wide [...] Read more ›
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Applications have opened for the African Food Fellowship, which is building a radical movement of leaders in Africa working to transform food systems across the continent. The fellowship, which is initiated by leading institutions Wageningen University and Research and Wasafiri Consulting with support from the IKEA Foundation, supports food systems actors with world-class training, platforms, [...] Read more ›
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The Ivory Coast-based Mon Artisan is a skill-on-demand digital platform for artisans and gig workers in the informal sector, offering a wide range of services, including plumbing, home repairs and maintenance, IT support, and others. Also available in Burkina Faso, Mon Artisan allows customers to easily and quickly book work from qualified and reliable artisans [...] Read more ›
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Nigeria’s Yuki, which simplifies digital assets for African web2 fintech companies, has partnered neobank Aladdin Digital to take digital assets mainstream in Africa. Yuki is a product of Nigerian investtech startup ComiBlock, which launched in February 2021 as a goal-based investing crypto robo-advisor that gives anyone with a smartphone access to planning tools, advice, curated [...] Read more ›
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Disrupt Africa will in June release a three-part podcast series zeroing in on the state of Africa’s agri-tech space, looking at trends, opportunities and challenges within the vital sector. Disrupt Podcast has released a number of focused series in the last year, including ones on venture capital and e-commerce, while it also produces the regular [...] Read more ›
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Nigeria’s Towntalk has built a data infrastructure that leverages “hard to collect” location data and implements AI methodologies to develop a range of risk protection solutions for security, logistics and agriculture companies in Africa. Formed in 2020, Towntalk has built a “data ecosystem” that is further enhanced by industry partnerships with leading security companies, such [...] Read more ›
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Tunisia-based e-commerce platform Drest has raised US$336,000 from 216 Capital Ventures to fund its expansion into the African market. Founded in 2020 by Omane and Malek Mzabi, Drest specialises in online sales of lifestyle products, selling ready-to-wear to beauty as well as accessories and fashion products. Its recent US$336,000 fundraising round came from investment fund [...] Read more ›
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28.11.2024 07:44
Last update: 07:40 EDT.
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