Startups in Kenya and Tanzania have been offered the chance to scale their impact-driven companies and receive a grant investment of up to EUR100,000 (US$102,000) from develoPPP Ventures. On behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), implemented by DEG Impulse, and supported by Seedstars, develoPPP Ventures aims to empower startups [...] Read more ›
9
Cairo-based startup Grinta, a fintech-enabled B2B tech platform digitising the pharmaceutical supply chain, has raised US$8 million seed funding round to scale its full-stack tech platform, expand its team and accelerate growth across the Egyptian market. Founded in 2021 by Mohamed Azab, Yosra Badr, Ali Youssef, and Hamza Mohamed, Grinta is a managed marketplace that [...] Read more ›
0
The Owlet is rebranding! The Owlet, home of Owlet App and Owlet Online rebrands with exciting new looks and mind-blowing features. The Owlet was envisioned with an ultra-systemic goal to guide content creators, creatives and business owners in their strive for online visibility and business targets without hassles. Now loved and cherished in over five [...] Read more ›
0
Nigerian fintech startup Pivo has closed a US$2 million seed funding round to upgrade existing products and build new ones to improve transaction management and payment reconciliation for supply chains. Formed by Ijeoma Akwiwu and Nkiru Amadi-Emina in July 2021 and launched in public beta in September, Pivo is targeted at any business that deals [...] Read more ›
2
African startups solving pressing problems through innovation are invited to apply for the TechBridge accelerator programme, which provides US$200,000 in funding and other support. TechBridge describes itself as a community of startups, knowledge partners and investors aiming to enable startup growth. It has so far helped over 1,000 entrepreneurs and 100 startups with business development, [...] Read more ›
53
New York-based VC firm K50 Ventures has been building a community in Africa for more than a decade, even before it had a fund, with community leaders in Nigeria, Kenya, South Africa, and Ghana. K50 Ventures describes itself as a first-check investor for mission-driven founders “building a better future for the 99 per cent”. It [...] Read more ›
5
Kenyan fintech startup Finplus Group has announced its software has now processed over US$1 billion in combined transaction value in five years of operations. Founded in 2017 by Kageni Wilson and Bernard Banta, Finplus provides fully-managed software to help financial services providers operate efficiently and scale cost-effectively in any market. Its Software-as-a-Service (SaaS) platform enables [...] Read more ›
27
IFC has launched a new US$225 million platform to strengthen venture capital ecosystems in Africa, Middle East, Central Asia, and Pakistan, and invest in early-stage companies addressing development challenges through technological innovations in climate, healthcare, education, agriculture, e-commerce, and other sectors. In 2021, these regions collectively received less than two per cent of US$643 billion [...] Read more ›
26
Rwandan startup HeptaPay allows users to instantly transfer money from their debit or credit card to mobile money accounts in East Africa. The origins of HeptaPay trace back to data analytics company, Hepta Analytics, whose founders – expatriates in Rwanda – sought to solve a personal finance problem of micropayments into the country from their [...] Read more ›
3
Kenyan e-pharmacy startup MYDAWA has launched a telehealth solution tailored to HIV prevention with funding from the Bill & Melinda Gates Foundation. Founded in 2017, MYDAWA enables consumers to conveniently purchase authentic high-quality medicines, health and wellness products through partnerships with healthcare practitioners and suppliers. The startup’s virtual, discreet and convenient Pre-Exposure Prophylaxis (PrEP) service [...] Read more ›
56
African tech leaders, corporates and investors will connect at the London Stock Exchange for the sixth annual Africa Tech Summit London on November 24th. The annual Africa Tech Summit London will share insights from leading industry players including London Stock Exchange, DLA Piper, Alerzo, Deimos, Niji Oni & Co, Cellulant, Paystack, GIZ, Smile Identity, Verto, [...] Read more ›
0
Nigerian startup Haul247 is connecting haulage or storage orders with available solutions using an Airbnb-style model. Founded by Sehinde Afolayan, Tobi Obasa and Akindele Phillips during the COVID-19 lockdowns of 2020, Haul247 is a marketplace that connects companies with shippers and storage, reducing transportation costs and maximising efficient asset use. “Haul247’s value proposition is simple [...] Read more ›
3
Kenyan startup based Stable Foods has raised USD$600,000 in funding to build out its climate-smart smallholder food production system. A portfolio company of Pyramidia Ventures, an agrifood-tech venture studio, Stable Foods has developed an integrated solution that includes Irrigation-as-a-service (IaaS), provision of inputs and offtake contracts, and training on regenerative agriculture best practices. These services [...] Read more ›
2
South African ed-tech company Snapplify is investing heavily in expanding its presence in the West Africa region. Founded in 2012, Snapplify enables digital learning via the largest digital education marketplace in Africa. Snapplify is the largest aggregator of digital content in Africa; has the largest network of independent booksellers in Africa; and is the home [...] Read more ›
20
Kenyan startup BasiGo has raised US$6.6 million in new seed funding to begin commercial delivery of locally-manufactured electric buses and charging infrastructure. Disrupt Africa reported in November of last year BasiGo had launched operations in Nairobi having secured KES100 million (US$900,000) in funding earlier in the year. The startup provides state-of-the-art electric buses along with [...] Read more ›
24
Moroccan retail-tech startup WafR, which helps retail brands to deliver promotions to grocers, has raised a further US$120,000 in funding as it continues structuring its network of grocers. Founded in 2021, WafR is an app that enables retail brands to broadcast and deliver smart promotions to grocers in order to increase their market share in [...] Read more ›
57
Nine startups have been selected to take part in the second edition of the Startup Wise Guys accelerator, which offers selected B2B Saas startups access to EUR65,000 (US$67,000) in funding, as well as an intensive five months of mentorship. Founded in Tallinn, Estonia in 2012, Startup Wise Guys manages SaaS accelerator programmes out of Milan [...] Read more ›
0
Kenya’s IntaSend is providing payment infrastructure for startups, businesses, and developers to build secure and scalable fintech products faster. Founded by Felix Cheruiyot and Moses Korir in September 2019, IntaSend enables startups and developers to create fintech products and go live in days, at a fraction of the cost. The startup enables developers to create [...] Read more ›
3
South Africa’s Contro, a telehealth startup that focuses on sexual health and confidence treatment services, has announced the close of an oversubscribed pre-seed funding round, raising a total of ZAR10.1 million (US$585,000). Launched in May 2021, Contro offers subscription services for birth control, erectile dysfunction treatment, and hair loss treatment, as well as one-off treatment [...] Read more ›
2
Eight African startups have been named among the recipients of grants from the GSMA Innovation Fund for Climate Resilience and Adaptation, which aims to accelerate the testing, adoption and scalability of digital innovations that enable the world’s most vulnerable populations to adapt to, anticipate and absorb the negative impacts of climate change. Launched a year [...] Read more ›
2
Most popular sources
Business Insider
|
31% 0 |
Tech Wire Asia
|
20% 8 |
CNET
|
7% 1 |
TechRadar
|
5% 4 |
Tom's Hardware
|
5% 1 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
29.11.2024 03:48
Last update: 03:40 EDT.
News rating updated: 10:41.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.