Kenyan startup iGas has launched a digital LPG marketplace that aims to accelerate access to clean cooking by solving affordability, accessibility and last mile delivery constraints. Formed in 2021, but only available to the public late last year, iGas enables gas vendors – commercial or domestic – to create online shops from which customers can [...] Read more ›
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Applications are open for the latest Westerwelle Young Founders Programme, which offers outstanding young entrepreneurs from developing and emerging countries six months of business mentoring and the chance to participate in the Young Founder Conference in Berlin. The Westerwelle Foundation for International Understanding supports collaboration between young entrepreneurs, executives and decision makers from around the [...] Read more ›
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Egyptian startup Shahbandr is helping the next generation of merchants to build and grow online businesses via its SaaS-based e-commerce platform. Formed in May 2021, Shahbandr is a one-stop solution to help merchants to build, start, sell, manage and grow an online business in the e-commerce industry. “We have hands-on experience in both web-building and [...] Read more ›
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Forbes and the Aviram Foundation have launched a US$500,000 competition to identify new businesses committed to driving significant, profound positive change through technological innovation. The event – for which the top prize is US$500,000 – looks for original products or services that will result in positive social, environmental, or human impact. Last year’s contest saw [...] Read more ›
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Kenyan fintech startup Kwara has raised a US$3 million seed extension round that takes the company’s total funding to US$7 million. Founded in 2018 by Cynthia Wandia and David Hwan, Kwara has built a digital banking platform designed to help unbanked and underbanked individuals to build wealth together in a frictionless way. It offers a [...] Read more ›
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Kenyan fintech startup Kwara has agreed to wholly acquire IRNET Coop Kenya, a software company which is a subsidiary of the Kenya Union of Savings and Credit Cooperatives (KUSCC), in a deal that will see it offer its banking software solutions and mobile banking channels to rapidly increase growth and profitability of SACCOs in Kenya. [...] Read more ›
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African startups have been invited to apply for the Earthshot Prize, a global environmental prize to discover, accelerate, and scale ground-breaking solutions to repair and regenerate the planet. Each year, the Earthshot Prize launches a global search for breakthrough solutions, with a worldwide network of more than 350 nominating individuals and organizations from 66 countries [...] Read more ›
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Ghanaian startup SecondSTAX has built a tech-driven smart order management and execution routing system for investment firms, aiming to facilitate intra-continental African capital markets transactions. Founded by Eugene Tawiah and Duke Lartey in 2020, SecondSTAX is building solutions to enhance intra-Africa capital and investment flows, with an initial B2B focus – for, for example example, [...] Read more ›
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Three Nigerian startups have been confirmed as participants in the W23 batch of the renowned Silicon Valley-based Y Combinator accelerator, banking US$500,000 in funding among other benefits. The W23 batch of the Y Combinator programme, which played a role in the early days of companies like Airbnb, Coinbase and Dropbox among others, is currently taking [...] Read more ›
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South African fintech company Stitch has opened applications for its second startup showcase, which invites early-stage ventures from across the continent to share their solutions with investors and other stakeholders.  The Stitch API, live in South Africa and Nigeria, allows developers to connect to their users’ financial accounts within minutes, so they can verify identity, [...] Read more ›
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The Ethiopia-based Gebeya, a SaaS-enabled, pan-African talent marketplace, has announced an undisclosed pre-Series A investment from a Japanese VC firm to drive its ongoing expansion. Headquartered in Addis Ababa with offices in Kenya and Senegal, Gebeya connects startups, SMEs, and multinational corporations with vetted, skilled talent and professional services in more than 30 countries across [...] Read more ›
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Egypt-based solar power developer and electricity distributor KarmSolar has secured EGP83 million (US$3 million) in debt funding to support the further development and rollout of Farafra Solar Grid, the company’s second micro-grid-solution, covering 100 per cent of clients’ load. KarmSolar aims to spearhead the growth of the private solar energy market in Egypt through the [...] Read more ›
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Applications are open for cohort three of the AUDA-NEPAD Home Grown Solutions Accelerator, aimed at providing growing and mature-stage African companies in the healthcare space with hands-on, highly tailored support in order to help them improve and grow. The African Union Development Agency (AUDA-NEPAD), with the financial support of the Japan International Cooperation Agency, in [...] Read more ›
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Nigerian fintech startup Arteri helps African healthcare SMEs access multiple credit options to finance their assets, inventory and running costs at low interest rates. Formed in 2021, Arteri is focused solely on chemists, small pharmacies, labs, and clinics, which serve the bulk of the population across the continent. It allows them to access various financing [...] Read more ›
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Tunisia-founded enterprise artificial intelligence (AI) startup InstaDeep has been acquired by Nasdaq-listed German biotech company BioNTech SE in a deal that could eventually be worth GBP562 million (US$684m) to its shareholders. Founded in Tunisia in 2014 but now headquartered in London having gone global, InstaDeep delivers AI products and solutions for the enterprise sector, and [...] Read more ›
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Pan-African crypto exchange Yellow Card has launched a new payment feature called Yellow Pay, allowing customers to send and receive money through the Yellow Card crypto exchange platform, without any extra charges, instantly with just a few taps on their phone. Since launching in Nigeria in 2019, Yellow Card has sought to make Bitcoin, Ethereum, [...] Read more ›
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Pre-seed venture capital (VC) fund and accelerator Catalyst Fund has announced a US$2 million investment into 10 startups building solutions to improve the resilience of climate-vulnerable communities in Africa. Catalyst Fund is a pre-seed VC fund and accelerator backing high-impact tech startups that seek to improve the resilience of underserved, climate-vulnerable communities. It partners with [...] Read more ›
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Founder and CEO of The Owlet Ltd, Elijah Kolawole Olusehinde, sat with Disrupt Africa in an exclusive interview to reveal the ins and outs of his African startup and their big dream to expand to foreign territories by 2028. The brand founded in June 2020, expanded from two to 108 employees, with footprints in five [...] Read more ›
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Nigerian agri-tech startup Releaf, which makes it easier for consumer goods manufacturers in Africa to access high-quality ingredients for their factories, has raised US$3.3 million in an oversubscribed pre-Series A funding round, and also announced some new technologies. Founded in 2021, Releaf helps FMCG manufacturers access high quality ingredients. Starting with sustainable oil palm in [...] Read more ›
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Tanzanian fintech startup NALA has officially launched in the European Union (EU), adding 19 new countries to its list of send countries and aiding its mission of connecting Africans globally. NALA is an African payments company and money transfer app that enables users to make secure and reliable payments from Europe, the UK and US [...] Read more ›
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Most popular sources
Business Insider
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35% 8 |
Tech Wire Asia
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19% 6 |
CNET
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8% 1 |
Tom's Hardware
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5% 1 |
Android Authority
|
5% 1 |
| View sources » | |
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28.11.2024 21:36
Last update: 21:30 EDT.
News rating updated: 04:30.
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