Applications are open for the 2024 cohort of the MEST Training Programme, a 12-month programme hosted physically in Accra and designed to give young people around the continent commercial skills in technology and entrepreneurship. Launched in Ghana in 2008 by the Meltwater Foundation, MEST is a pan-African software and entrepreneurship training programme, seed fund, and [...] Read more ›
2
Fintech startups account for almost one-third of Kenya’s tech startup ecosystem, but e-commerce and retail-tech companies attract by far the most funding, at least of late. That is according to the Kenyan Startup Ecosystem Report 2022, released by startup-focused news and research company Disrupt Africa last week. Since launching its research arm in 2016, Disrupt [...] Read more ›
13
Edves, a leading education technology company, has won the prestigious Lagos AOT Awards for its innovative approach to digitising learning and administration in K-12 schools. The ceremony, held in Lagos on the 9th of December at Landmark Event Centre, was a night to remember for the Edves team as they were named the winner of [...] Read more ›
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Nairobi-based e-health startup MyHealth Africa has raised a US$1 million round of seed funding to fuel its expansion across Africa and beyond. Founded in 2017, MyHealth Africa is a full-service integrated healthcare platform, connecting patients with local and international health specialists and hospitals. The solution seeks to solve critical inefficiencies, improve upon sub-standard services, and [...] Read more ›
8
African startups are invited to apply for the Making More Health Business Accelerator, a structured business growth programme targeted at social entrepreneurs with innovative solutions in the health sector. Since 2011, Ashoka – one of the world’s largest networks of social entrepreneurs – and Boehringer Ingelheim – a family-owned world leading and research-driven pharmaceutical company [...] Read more ›
1
South African startup Wisi-Oi is a resale fashion marketplace where sellers and buyers can trade new and pre-loved fashion. Launched in 2020, Wisi-Oi – which stands for “WEAR IT. SELL IT. OWN IT” – is a digital-only platform where anyone can open up their online boutique and start selling clothes. “The aim is to extend [...] Read more ›
3
TLG Capital and Future Africa have launched a US$25 million venture debt fund from TLG’s existing funds, earmarked for companies from the Future Africa portfolio who meet specified criteria. TLG Capital is an investment holding company which focuses on private investment opportunities in SMEs across the capital structure and particularly within the credit space, while [...] Read more ›
2
Seedstars has opened applications for its Enhancing Women Entrepreneurship in Africa (EWEA) programme, calling for women-led small to medium enterprises as well as community enablers and entrepreneurship support programmes in Africa to apply for its mentorship, skills capacity-building workshop series. Through a collaboration with the African Development Bank’s AFAWA initiative and GrowthAfrica, the EWEA program [...] Read more ›
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Investors in Africa’s e-commerce and retail-tech space should take an ecosystem-growth approach to success rather than expecting quick returns, and as such local investors may be better placed to build out the space, according to retail-tech entrepreneurs interviewed in the latest Disrupt Podcast series. Disrupt Africa has partnered Omnibiz and MarketForce to release a four-part [...] Read more ›
12
South African company Finclusion Group, which is building Africa’s first credit-led neobank as it bids to accelerate financial inclusion throughout Sub-Saharan Africa, has announced an additional US$2 million in funding as it rebrands as part of a brand integration. Launched in mid-2018 by co-founders and co-CEOs Timothy Nuy and Tonderai Mutesva, Finclusion has developed a [...] Read more ›
29
Small Foundation and Village Capital have selected 20 African entrepreneur support organisations (ESOs) that work with rural-impacting enterprises in Sub-Saharan Africa to take part in the Rural Impacting Entrepreneurship research project aimed at identifying gaps and solutions to deepen impact within the rural business ecosystem and develop a thriving support community. The Rural Impacting Entrepreneurship [...] Read more ›
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Nigerian startup Duplo makes it easier for African businesses to pay each other by providing digital tools that enable a more efficient, cost-effective and transparent process of making and receiving payments. Founded by Yele Oyekola and Tunde Akinnuwa in September 2021, Duplo allows B2B companies to automate payment inflows, reconcile at scale, and create a [...] Read more ›
3
Nigerian fintech startup Owoafara, which provides digital banking to assist the unbanked population of the world in accessing financial products and services, has raised funding from gender lens investment firm ShEquity. Founded by Tale Alimi, Owoafara helps people access financial solutions such as payments, credits, savings, health insurance, and pensions on a single platform. Through [...] Read more ›
24
Egypt-based angel investment group Cairo Angels has rebranded as the acasia group so as to better reflect its new strategy, which also incorporates later-stage and pan-African investments. At launch, Cairo Angels was Egypt’s first formal network of angel investors, and since its formation it has been one of the most active early-stage investors in startups [...] Read more ›
0
Kenyan tech ventures have higher rates of acceleration or incubation than their peers in other leading African startup ecosystems, a fact that stems from the country’s extremely well-established startup support scene. That is according to the Kenyan Startup Ecosystem Report 2022, released by startup-focused news and research company Disrupt Africa last week. Since launching its [...] Read more ›
15
Kenya’s Gridless, a bitcoin mining company helping to bring new energy generation to rural communities in East Africa, has secured US$2 million in seed funding to support expansion of bitcoin mines across Africa. Founded earlier this year by veterans of the connectivity, infrastructure and software space in East Africa, Gridless designs, builds, and operates bitcoin [...] Read more ›
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South African fintech enabler Ukheshe has attracted investment to fuel its international expansion. Founded in 2018, Ukheshe is enabling companies in the African fintech ecosystem to deliver embedded finance that aims to close the financial inclusion gap. It serves over 100 customers across different sectors, including banks, fintechs, mobile network operators, and other small and [...] Read more ›
2
Kenyan wealth-tech startup Hisa has publicly launched after receiving regulatory approval from the Nairobi Securities Exchange and the Capital Markets Authority to launch its fractional shares trading platform. The Hisa app allows anyone in Kenya to invest in Kenyan listed stocks, US stocks and ETFs directly from their phones using mobile money. “At Hisa, we [...] Read more ›
0
Nigeria’s mobility fintech company Moove, Uber’s largest vehicle supply partner in EMEA, is raising US$30 million from a debut sukuk issuance to fund its expansion into the United Arab Emirates (UAE). Founded in 2019 by British-born Nigerians Ladi Delano and Jide Odunsi, Moove is democratising vehicle ownership in Africa by providing revenue-based vehicle financing to [...] Read more ›
2
Nigerian startup VENCO, which provides solutions to enhance living experiences in residential and commercial communities in Africa, has secured US$670,000 in an oversubscribed pre-seed funding round to scale its platform. 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 charge administration, utilities [...] Read more ›
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Most popular sources
Business Insider
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27% 5 |
Tech Wire Asia
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21% 9 |
CNET
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7% 1 |
Android Authority
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5% 2 |
Tom's Hardware
|
5% 1 |
| View sources » | |
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28.11.2024 23:51
Last update: 23:45 EDT.
News rating updated: 06:40.
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