Egyptian consumer credit startup Blnk has raised a US$32 million debt and equity funding round to further build out its AI-powered lending infrastructure and finance its fast-growing portfolio of customers. Co-founded in 2021 by Amr Sultan and Tarek Elsheikh, Blnk is an AI-enabled digital consumer finance platform that empowers merchants with an onboarding and instant [...] Read more ›
41
Rwandan insurtech startup Eden Care, which offers affordable, accessible and personalised health coverage to businesses and their employees, has raised a pre-seed round of funding to help it expand across East Africa. Founded last year, Eden Care is a licensed digital health insurance company, backed by the two largest reinsurers in Africa – Zep Re [...] Read more ›
1
Nigeria’s Zenith Bank has launched a pitch competition aimed at startups with tech-enabled, scalable solutions designed to innovate businesses from different industries. The Zenith Bank Pitching Competition is a collaboration between Zenith Bank and Seedstars with the goal of supporting Nigerian minimum viable product (MVP) stage startups in advancing to the next stage of growth. [...] Read more ›
3
Egyptian B2B marketplace SPEED has been acquired by UAE-based logistics services provider X-ERA as part of the latter’s international expansion strategy, with the value of the acquisition remaining undisclosed. SPEED connects FMCG suppliers with small to medium-sized merchants and retailers, and has signed up over 35,000 merchants. It is targeting a total of 100,000 by [...] Read more ›
17
![December 9, 2022 – [Online Pitch Event] – Ethiopia Startup Innovation Pitch](https://times42.com/media/6/8/2/5284682_640x200.jpg "December 9, 2022 – [Online Pitch Event] – Ethiopia Startup Innovation Pitch")
The Japan International Cooperation Agency (JICA) and the Ministry of Innovation and Technology of Ethiopia (MinT) are pleased to announce the “Ethiopia Startup Innovation Pitch” for investors and companies from Japan, Europe, US, and Ethiopia, as well as anyone interested in Africa. 8 representative Ethiopian startups, selected from 114 companies, will present their pitches to [...] Read more ›
2
Nigerian startup CutStruct Technology has raised a US$$600,000 pre-seed funding round to assist in the development and scaling of its B2B construction procurement product LiveVend.  Founded by John Oamen and Tayo Odunsi, CutStruct has built LiveVend, a construction procurement platform that allows buyers like real estate developers and contractors to engage vetted vendors while enjoying [...] Read more ›
2
Nine startups from across the continent have been selected for the Katapult Africa Accelerator Programme, which provides access to US$150,000 in funding and other support. The Norway-based Katapult Accelerator has invested in a host of African startups, and also launched spin-offs such as Katapult Ocean and a climate-focused programme. Disrupt Africa reported in March it [...] Read more ›
1
Emerging markets venture capital firm Quona Capital has announced the final close of its Fund III at US$332 million, significantly exceeding its US$250 million target. Quona Capital was established as an independent venture capital firm in 2015 by co-founding managing partners Monica Brand Engel, Jonathan Whittle, and Ganesh Rengaswamy. It focuses its investments on innovative [...] Read more ›
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You must first locate a reliable app to sell BTC in Nigeria before you can convert your Bitcoin to Naira. It’s ideal to compare a few crypto apps based on their fees, withdrawal options, and charges before choosing the best app to sell bitcoin in Nigeria. Let’s look at some of the variances, like fees [...] Read more ›
8
Kenyan fulfillment and logistics enabler Sendy has announced funding from MOL PLUS, the corporate VC arm of Mitsui O.S.K. Lines, as part of a new undisclosed round to help it scale fulfillment services in Kenya, Uganda, Nigeria, and Ivory Coast. Sendy provides an easy way for businesses of any size to move goods, with thousands [...] Read more ›
21
Egyptian startup Brotinni, a food-tech and dark butcher solutions startup bringing innovation to the meat industry, has raised US$600,000 in a seed funding round to help it scale. Founded by Dalia Abou Omar in late-2020, Brotinni offers a platform to order hand-cut, farm-sourced and vacuum-sealed fresh meat and poultry. Its offerings also include flash-frozen and [...] Read more ›
6
Kenya’s Hello Tractor, which promotes tractor co-sharing throughout Africa, has won the fifth edition of the CATAPULT: Inclusion Africa programme. Developed by the Luxembourg House of Financial Technologies (LHoFT), a public/private national fintech platform, and sponsored by the Ministry of Foreign & European Affairs – Directorate for Development and Humanitarian Affairs, the CATAPULT: Inclusion Africa programme [...] Read more ›
18
Algeria-based super app Yassir has raised US$150 million in Series B funding to expand operations geographically. Founded in 2017 by Noureddine Tayebi and El Mahdi Yettou, Yassir is a super app that provides its users with a suite of services, including ridesharing, grocery deliveries, and financial services. It operates in 45 cities across six countries [...] Read more ›
4
Egyptian startup Hoods, a live e-commerce platform, has raised a round of funding from valU, a subsidiary of Egypt-based investment bank EFG-Hermes. Founded by Mostafa Hanafi and Waleed Ghalwas in late-2020, Hoods enables shoppers to find and compare brands through live video. Its digital platform brings together vendor, content creator and shopper to interact and [...] Read more ›
9
US-based venture capital firm 500 Global has partnered with Germany’s economic development agency Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and its Make-IT in Africa initiative to launch its inaugural Bootcamp for Accelerator Managers (BAM) programme, to empower African accelerators in their quest to support the continent’s talented entrepreneurs. The BAM programme is designed to increase [...] Read more ›
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Nigerian startup ShapShap is providing software to make last-mile delivery jobs more efficient, sustainable, and scalable through order optimisation and allocation. Founder Khalil Halilu came up with the idea for ShapShap in 2018 after he was himself a victim of poor mobility services, and realised the African logistics market was supply (or driver)-driven, unlike other [...] Read more ›
0
Egyptian fintech startup Paymob, the leading omnichannel payments facilitator in MENAP, has embarked on the next phase of its regional expansion with a launch in the United Arab Emirates (UAE). Founded in 2015 by Islam Shawky, Alain El Hajj and Mostafa Menessy, Paymob is an infrastructure technology enabler providing payment solutions to empower digital financial [...] Read more ›
3
StartupSouth, the largest startup conference in South​-​South/South-East, Nigeria is back for its seventh edition, and will take place in Port Harcourt on November 10-11. Started in 2015, StartupSouth attracts founders, innovators and investors from across Nigeria and beyond to a city within the South-South and South-East Nigeria annually, to discuss technology and startup trends and [...] Read more ›
2
Nine African startups have been selected to take part in the latest edition of the Techstars Toronto accelerator, securing access to mentorship, US$120,000 in funding and the opportunity to secure further investment at demo day. The 13-week Techstars Toronto accelerator programme is designed to provide mentorship, funding and access to the Techstars network. It culminates [...] Read more ›
2
South Africa-based digital payments gateway Peach Payments and API fintech Stitch have partnered to enable online merchants across South Africa to accept secure, low-cost instant EFT payments. Peach Payments provides a complete toolkit to help businesses accept, manage and disburse payments through web and mobile, and is active in South Africa, Kenya and Mauritius, while [...] Read more ›
2
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Business Insider
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24% 5 |
The Verge
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10% 5 |
Wired
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9% 4 |
Tom's Hardware
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7% 2 |
Slashdot
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6% 2 |
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20.12.2025 14:53
Last update: 14:45 EDT.
News rating updated: 21:41.
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