Egyptian fintech company MNT-Halan is now indisputably the best-funded startup in the the country after securing US$200 million in equity funding, plus a further US$140 million in debt. Having begun life as a ride-hailing app for two- and three-wheeler vehicles back in 2018, MNT-Halan has morphed into a super app of sorts, and in the [...] Read more ›
56
Nigerian startup VENCO has seen strong growth of its platform, which helps property owners, property managers, and residents to run their communities sustainably and with minimal stress, and is now targeting continental expansion. Co-founded by Chude Osiegbu (CEO), Reagan Mbitiru (CTO) and Uzochukwu Alor (COO), VENCO is an all-in-one technology platform that manages collections, service [...] Read more ›
21
Landwey Investment Limited is one of Nigeria’s leading real estate firms currently building Isimi Lagos, a future city that will allow residents to experience technology and nature differently. The new town development project located in Epe Lagos promises to transform the way we live in Nigeria and Africa. Amongst the diverse features, the city offers [...] Read more ›
51
Twelve African tech startups have been selected for the inaugural ARM Labs Lagos Techstars accelerator, which provides access 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 Lagos-based [...] Read more ›
8
Fourteen startups from across the continent have been selected to Pitch Live at Africa Tech Summit, which will host its fifth edition on February 15-16 at the Sarit Expo Centre in Nairobi, Kenya. Africa Tech Summit Nairobi provides insight and networking with the African tech ecosystem. bringing together tech leaders, MNOs, banks, international investors, entrepreneurs, [...] Read more ›
1
Nigerian fintech startup Trade Lenda, which helps micro, small and informal retailers with access to financing for their business needs, has raised US$520,000 in pre-seed funding to speed its growth. Founded in 2021, the Lagos-based Trade Lenda helps small businesses get quick and affordable access to credit with zero upfront collateral within six hours. The [...] Read more ›
28
Smile Identity, a leading provider of digital identity verification solutions for Africa, has released its highly-anticipated end-of-year 2022 Know Your Customer (KYC) report. Using data from nearly 50 million KYC checks from different industries, this comprehensive report provides in-depth insights into the current state of KYC trends, policies and best practices across the region. Despite [...] Read more ›
7
Female founders in the African energy sector can apply for up to US$100,000 funding from the OPEN fund. An initiative of the CSI Energy Group, a diversified network of Africa-centric companies providing sustainable solutions to the energy sector across the continent, OPEN is looking for women-led businesses in the energy sector with an annual turnover [...] Read more ›
39
South African e-commerce startup Yebo Fresh, an order-to-delivery service providing townships with fresh groceries and food, has raised a ZAR78 million (US$4.5 million) pre-Series A equity investment, as well as a Jobs Fund grant. Launched in 2018 in the garage of founder Jessica Boonstra’s home, Yebo Fresh is an online shopping service for township communities, [...] Read more ›
24
Applications have opened for the sixth edition of the AFD Digital Challenge, which is dedicated to the cultural and creative industries. For the sixth consecutive year, the Agence Française de Développement (AFD) is committed to supporting high-impact tech startups in Africa. The competition is aimed at all Cultural and Creative Industries (CCI) startups and associations [...] Read more ›
14
The Cape Innovation and Technology (CiTi), recognised along with its Bandwidth Barn as Africa’s oldest tech incubator, has rebranded to UVU Africa to mark its new pan-African approach. Established in 1999, CiTi works with government, academia, business and society to promote inclusive growth of the digital economy, and has significantly impacted the growth of the [...] Read more ›
3
Egyptian startup GBarena, the leading Middle Eastern e-sports platform, has acquired the Tunisia-based Galactech in a share swap deal worth US$15 million. Founded in 2016 by Mustafa Zaza and Bishoy Mesdary, GBarena aims to create an online gaming community connecting gamers with tournament organisers and providing them with a platform where they can manage their [...] Read more ›
3
South African mobile gaming startup Carry1st has raised a US$27 million funding round to develop, license, and publish new games, as well as further expand Pay1st, its monetisation-as-a-service solution. Founded in 2018 and based in Cape Town, Carry1st is a mobile games publisher serving the first generation of African smartphone users, which has so far [...] Read more ›
33
Startupbootcamp AfriTech and telecom firm Telecel Group have selected 11 startups to take part in the third edition of the Africa Startup Initiative Program (ASIP) accelerator. Startupbootcamp AfriTech was launched in 2017 as the first multi corporate-backed pan-African startup accelerator. Disrupt Africa reported in March 2021 it had partnered telecoms firm Telecel Group to launch [...] Read more ›
11
Here’s a little spoiler from our upcoming African Tech Startups Funding Report (released very soon!) – marketing tech had a big year from an investment perspective in 2022. Though that fact may get buried amongst larger headline numbers, the future looks bright for a sector that is growing in importance. Twelve marketing tech startups raised [...] Read more ›
2
Zimbabwean fintech startup Cashlinq has launched a baking-as-a-service platform to enable businesses and startups across the continent to offer superior banking solutions. Formed in 2022 by four by experienced co-founders after they identified how expensive foreign-based solutions did not meet the needs of unique and volatile African markets, Cashlinq has developed a platform that can [...] Read more ›
0
Kenyan startup Zemo is a financial management solution for growing businesses that enables them to eliminate wasteful spending, tedious expense reports and employee out-of-pocket spend, as well as providing access to working capital loans. Formed in 2021 by CEO Davis Nyamari and CTO Solomon Maithya, Zemo enables employees to purchase items on behalf of a [...] Read more ›
3
Ten Kenyan agri-circularity startups have been selected for the second edition of the O-Farms accelerator programme, which will award two peer-selected companies with milestone-based grant funding of up to EUR25,000 (US$24,000). Led by Bopinc and Village Capital, and implemented by E4Impact Accelerator, O-Farms was launched in 2021 as Africa’s first accelerator programme focusing on agri-circularity, [...] Read more ›
2
South African prop-tech startup Flow has secured a US$4.5 million pre-Series A investment round to drive its international expansion. Founded in 2019 by Daniel Levy and Gil Sperling, Flow goes straight to the source of the largest social platforms in the world – Facebook, Instagram and LinkedIn – to match people with property. Its API [...] Read more ›
13
As a British Pakistani, who grew up in Dubai, Sacha Haider has experienced multiple cultures firsthand. After studying History and Politics at the University of Warwick, with hopes of becoming a news anchor, an internship at the PE arm of LVMH, L Capital Asia, in her final year of studies was where she became interested [...] Read more ›
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Most popular sources
Tech Wire Asia
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27% 20 |
Business Insider
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26% 4 |
CNET
|
8% 2 |
Gizmodo
|
4% 1 |
Android Authority
|
4% 0 |
| View sources » | |
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28.11.2024 19:34
Last update: 19:25 EDT.
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