South African startup Bi-me is striving to make business insurance processes easier and smoother via its online platform, which makes insurance instant, easy, transparent and affordable for SMEs. Launched in March 2022, Bi-me – literally “Business Insurance Made Easy” – has developed a platform that connects directly to multiple leading insurers, such as Hollard, iTOO [...] Read more ›
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![Kenyan VC firm Factor[e] Ventures launches venture studio Delta40](https://times42.com/media/5/0/7/6012507_640x200.jpg "Kenyan VC firm Factor[e] Ventures launches venture studio Delta40")
Kenya-based VC firm Factor[e]Ventures has launched Delta40, a new venture studio that aims to increase incomes and tackle climate change in Africa by building and investing in technology ventures. Factor[e]Ventures invests in and supports early-stage technology companies working in energy, agriculture, water, and mobility in emerging markets, and its new venture studio Delta40, which will [...] Read more ›
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Amazon Web Services (AWS), the cloud computing division for the world’s largest e-commerce retailer Amazon, has strengthened its footprint in Africa with a call for applications from early-stage startups to join the inaugural edition of the AWS FinTech Africa Accelerator. The AWS FinTech Africa Accelerator is hosted by AWS’ globally-recognised Startup Loft Accelerator, and will [...] Read more ›
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South African VC firm Kalon Venture Partners, which invests in digital disruptive technologies, is to raise a US$50 million fund which will see it make investments outside of South Africa for the first time. Formed in 2016, Kalon Venture Partners invests in post-revenue start-ups with high growth and high impact potential, and has so far [...] Read more ›
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South African Umbiie has launched a first-of-its-kind skills and experience matching platform for legal professionals globally. Umbiie aims to eliminate costly inefficiencies and deficits in the recruitment process to perfectly align legal professionals with jobs, consultants with projects, and practice lawyers with new clients. Powered by a shared revenue model that rewards all stakeholders in [...] Read more ›
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African businesses with innovative solutions that tackle existing challenges in any green sectors are invited to apply for the Greenovations Africa programme, which offers access to mentoring and investment opportunities. Startups in smart agriculture, renewable energy, waste management, water management and climate action can apply to receive tailor-made support, mentorship, and seed grant funding to [...] Read more ›
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Kenyan startup TIBU Health has raised an undisclosed amount of pre-Series A funding to allow it to strengthen its solutions dedicated to chronic diseases and improve its virtual care platform. Founded in 2018, TIBU Health is an omnichannel tech company that delivers health services where people live, work and click. The company adopts the latest, [...] Read more ›
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It is no surprise that Africans tend to be wary of investments, with the history of scams and fraud seeding distrust of financial institutions, a staggering lack of financial education and awareness, and an unstable economy that makes it difficult to prioritise investing. Despite this, the interest in investment among the African youth is clear. [...] Read more ›
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Kenyan B2B e-commerce startup Zumi has closed down after failing to secure the necessary funding to continue operations. Launched in 2016, Zumi began life as a female-focused digital magazine, before closing down and pivoting into e-commerce in 2020. The end-to-end marketplace connected retailers with suppliers and facilitated the entirety of a transaction between the two, [...] Read more ›
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Applications have opened for the African Impact Challenge, which helps participants build market-creating innovations, which tackle the continent’s biggest challenges with technology. Following a 2020 pilot in Ghana, a 2021 challenge in Kenya and a 2022 edition in Rwanda, this year sees the African Impact Challenge expand to South Africa, and introduce a pan-African health-focused [...] Read more ›
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Verod-Kepple Africa Ventures (VKAV) has raised US$43 million for its pan-African venture fund, which invests in scalable, tech-enabled, post-revenue startups addressing difficult challenges on the continent. Formed in 2021 as a joint venture between Kepple Africa Ventures (KAV), a Japanese venture capital firm, and Verod Holdings (Verod), an African growth capital private equity firm, VKAV [...] Read more ›
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Kenyan insurtech startup Turaco has partnered Airtel Money and Prudential in Uganda to launch Hospital Sente, a low-cost hospital cash insurance product with funeral benefits, aimed at increasing access to insurance for underserved communities, and low-income individuals and families. Turaco provides fast, simple and inclusive insurance solutions for emerging markets and is a distributor, broker [...] Read more ›
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Female-focused African investment firm ShEquity Partners has opened applications for the fourth edition of its ShEquity Business Accelerator (SHEBA). ShEquity is an investment firm providing smart investments for impactful, innovative, and scalable female-led and owned businesses in Sub-Saharan Africa. Its SHEBA programme, run in collaboration with implementation partner MBC Africa, addresses the existing gender funding [...] Read more ›
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South African company Fin, which is building Africa’s first credit-led neobank as it bids to accelerate financial inclusion throughout Sub-Saharan Africa, has completed the acquisition of the housing finance provider Thuthukani and integrated it as Fin Home Loans. Launched in mid-2018 by co-founders and co-CEOs Timothy Nuy and Tonderai Mutesva, Fin – which was Finclusion [...] Read more ›
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Disrupt Africa has released the second episode of Changemakers, a special four-part podcast series produced in partnership with the Jack Ma Foundation’s Africa’s Business Heroes Programme. Applications have just opened for the fifth edition of the Africa’s Business Heroes initiative, a philanthropic programme to support African entrepreneurs. Founders from every sector who are using their [...] Read more ›
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African venture capital talent network Dream VC has opened applications for 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 cohorts, many of whom [...] Read more ›
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Nigerian startup SEND is a digital freight forwarder and customs broker with a vision of boosting Africa’s trade logistics and enabling intra-African and intercontinental trade. Founded in 2019, SEND provides software that helps businesses manage their entire supply chain, including customs clearance and trade financing. “We do this to make it easier to ship cargo [...] Read more ›
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Moroccan startup Chari, which focuses on the digital distribution of fast-moving consumer goods (FMCGs), has launched a new chain of B2B stores to meet the needs of local grocery stores. Founded in 2020 by husband and wife team Ismael and Sophia Belkhayat, Chari allows traditional proximity store owners in Morocco to order products and have [...] Read more ›
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Applications are now open for the 13th Orange Social Venture Prize in Africa and the Middle East, which aims to contribute to socio-economic development, support social and environmental innovation, and encourage entrepreneurship. Since 2011, the prize has been awarded to innovative projects by startups, based on information and communication technologies that have a positive social [...] Read more ›
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When Mohamed Badr conceived of the idea for a mobile app that allows businesses and individuals to connect with transportation for items such as furniture, he wanted to launch it in his home country of Egypt. “Due to the economic conditions in Egypt, such as inflation and the low local currency, in addition to the [...] Read more ›
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Most popular sources
Tech Wire Asia
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28% 21 |
Business Insider
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23% 2 |
CNET
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8% 3 |
Eurogamer.net
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5% 1 |
Android Authority
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4% 1 |
| View sources » | |
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28.11.2024 13:51
Last update: 13:46 EDT.
News rating updated: 20:40.
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