Google has announced that applications are now open for its inaugural Google for Startups Accelerator: Women Founders Africa Programme. An extension of the Google for Startups Accelerator Africa programme established in 2017, the female-focused accelerator aims to empower and support women founders on the continent by providing resources and opportunities for them to scale. The [...] Read more ›
7
Egyptian digital healthcare startup Yodawy, which has pioneered a pharmacy benefit management platform in the MENA region using technology, expert pharmacists, and state-of-the-art logistics, has raised US$16 million in the first close of its Series B round. Founded in 2018, Yodawy enables its partners – insurance companies, medical providers, pharmacies, and pharmaceutical/FMCG companies – to [...] Read more ›
5
Chari, a Morocco-based B2B e-commerce startup with embedded financing for the FMCG sector, has raised US$1 million from Orange Ventures as part of its latest funding round. 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 them delivered. The [...] Read more ›
7
South African social impact advisory firm Impact Amplifier has secured a second round of funding from Google.org to launch the second phase of the Africa Online Safety Fund, which seeks innovative solutions to online safety challenges. Over 500 million people have access to the internet in Africa, and while the huge increase in internet, smartphone [...] Read more ›
3
Nigeria confirmed itself as the leading destination for African tech startup funding over the course of a record-breaking 2022, yet there is evidence of a trickle-down effect as more startups from more countries than ever before secured investment. This is according to the eighth edition of the annual African Tech Startups Funding Report released by [...] Read more ›
3
Partech, the global technology investment firm, has announced the first closing of its Partech Africa II fund at EUR245 million (US$262 million), already above the target fund size. Born in San Francisco 40 years ago and now headquartered in Paris, Partech is one of the most active global tech investors in the world. Its current [...] Read more ›
21
Umba, a digital bank for emerging markets until now operating only in Nigeria, has launched operations in Kenya as it begins to expand across the continent. Umba is a digital bank built for Africa, aiming to open up banking services for Africa’s vast, underserved market. The startup aims to make it easier for consumers and [...] Read more ›
0
Nigerian startup Lopeer is a P2P cryptocurrency exchange and decentralised finance app that enables Africans to perform peer-to-peer trading, cross-border payments and access DeFi opportunities. Describing itself as the first geolocation-enabled P2P exchange in the world, Lopeer allows users to trade cryptocurrencies either via geolocation or virtually, which it says allows it to reach a [...] Read more ›
2
Nigerian blockchain payments startup Bingtellar has announced the launch of its instant crypto-to-fiat conversion service, which enables users and businesses to easily buy and sell cryptocurrencies and get paid in local currencies. Formed in 2021, Bingtellar allows real-time conversion of crypto to fiat, providing instant liquidity to users in their local currency. Bingtellar has built [...] Read more ›
21
South African venture builder Specno began life as a two-founder business out of Stellenbosch University but is now an international agency that works with more than 100 clients across the world. Specno is a venture builder that helps startups, businesses and large enterprises validate, design and build digital solutions to everyday problems. “We are passionate [...] Read more ›
0
Moroccan fintech startup Gwala has raised an undisclosed pre-seed funding round to help it scale. Founded last year by Mossaab Abaouz, with the aim to offer an on-demand payment solution for employees and employers, Gwala enables employees to have instant access to their earned wages. Its undisclosed pre-seed funding round was led by a group [...] Read more ›
4
Nigerian startup Gifty has launched a digital storefront creation platform that allows merchants to list their products and get a unique link for their shop to start receiving orders via direct message. Formed in January 2022 by Victor Akpan (CEO), David Enejison (CTO), and Francisca David (COO), Gifty allows users to set up their digital [...] Read more ›
34
Investment into the African tech startup ecosystem passed the US$3 billion mark for the first time in 2022, with the space withstanding global economic headwinds to post a record year. This is according to the eighth edition of the annual African Tech Startups Funding Report released by startup news and research portal Disrupt Africa, which [...] Read more ›
38
Ghanaian startup FLUID has launched a new platform that helps smallholder farmers access loans, and has already signed one bank on a 12-month contract to provide financing to 25,000 farmers in Northern Ghana. FLUID was first formed in 2020 when founder Moustapha Seck left his job at the Canadian investment fund Clearco to pursue his [...] Read more ›
6
Egyptian smart infrastructure management startup Pylon says it is “saving the planet” one smart meter at a time as it democratises access to “Smart Metering as a Service”. Founded in 2017 by Ahmed Ashour and Omar Radi, Pylon is a smart infrastructure management platform providing a subscription-based “Smart Metering as a Service” (SMaaS) for electricity [...] Read more ›
8
South African startup Peachz aims to become the country’s foremost online tech and mobile accessories retailer after its August launch. The Johannesburg-based Peachz is aims to make shopping for well-priced, durable products online “peachy”, with founder Tali Flax saying that early uptake has been beyond expectation. The startup says it has committed to providing the [...] Read more ›
39
Three African agri-tech startups – ThriveAgric of Nigeria, Kenya’s DigicCow and Botswana-based Brastorne Enterprises – have been named winners of the AYuTe Africa Challenge, securing shares of US$1.5 million in grant funding and access to expert advisors. Organised by Heifer International, the AYuTe Africa Challenge aims to support agri-tech innovators on the continent, and is [...] Read more ›
3
South African prop-tech startup Preferental wants to revolutionise the way landlords manage and grow their property portfolios, leveraging cutting-edge technology and expert support to help users manage their properties with ease and efficiency. Formed in 2017 by Ross Fitzcharles, Preferential has developed a service – called Preferental Promise – that offers landlords a guaranteed rental [...] Read more ›
0
South African fintech startup Lulalend, a digital lender catering to underserved small and medium-sized enterprises (SMEs), has raised a US$35 million Series B funding round to help it scale its business. Founded in 2014, Lulalend, South Africa’s first online automated provider of business funding, uses proprietary AI technology to simplify cash flow management for business [...] Read more ›
0
Ten South African startups have been selected for the three-year GrindstoneX accelerator programme, which aims to empower women entrepreneurs while creating jobs. Disrupt Africa reported in October South Africa’s Grindstone Accelerator had partnered Naspers Labs to launch GrindstoneX, a new all-female accelerator programme designed to make women-led startups more investible, scalable, and exit-ready. Founded in [...] Read more ›
17
Most popular sources
Business Insider
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31% 3 |
Tech Wire Asia
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20% 7 |
CNET
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8% 1 |
Android Authority
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6% 1 |
Tom's Hardware
|
5% 1 |
| View sources » | |
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28.11.2024 20:00
Last update: 19:50 EDT.
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