Fifteen African fintech firms have been selected from over 400 applications to participate in the fifth edition of CATAPULT: Inclusion Africa this week. 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 [...] Read more ›
3
Nigerian startup Lazerpay has built a blockchain-powered solution that enables businesses to accept payments from anyone, anywhere in the world, using stablecoins. Founded last year, Lazerpay has developed an API that allows developers to integrate crypto payments into their platforms easily. It also allows these businesses to payout their funds in local currencies and US [...] Read more ›
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Egyptian fintech startup MoneyHash has launched its services across Africa after a successful launch in the MENA region earlier this year. Founded in late 2020 by Nader Abdelrazik, Mustafa Eid and Anisha Sekar, MoneyHash provides a unified checkout experience built on top of a secure super-API that aggregates payment and fintech solutions through a single [...] Read more ›
2
The HealthTech Hub Africa, founded by the Novartis Foundation at the Norrsken House Kigali, has announced the second Africa HealthTech Challenge, and is seeking high-impact innovators with business-to-government focused solutions and business models with potential to drive transformational population health impact at scale. The HealthTech Hub Africa is a health-tech accelerator with a physical co-working [...] Read more ›
5
Nigeria-based mobility fintech startup Moove, Uber’s largest vehicle supply partner in EMEA, has raised GBP15 million (US$16.8 million) in financing from Emso Asset Management to scale up its UK operations following a successful launch in August. Founded in 2019 by British-born Nigerians Ladi Delano and Jide Odunsi, Moove is democratising vehicle ownership in Africa by [...] Read more ›
15
When it comes to foreign exchange (FX), automated trading, and copy trading, cTrader is rapidly heading to the front of the pack. However, how do you identify reputable cTrader brokers from the many that have sprung up throughout the world in recent years? A good place to start is choosing a cTrader broker which is [...] Read more ›
36
South African startup Cape AI has been acquired by AI solutions provider in order to scale its offering that makes such solutions available to large enterprises across Africa. Founded in 2019 by Pieter Boon and Adit Mehta, Cape AI helps businesses grow by enabling them to make smart decisions through the use of AI technology. [...] Read more ›
3
Ten semi-finalists have been selected for the 2022 MEST Africa Challenge, the winner of which will secure US$50,000 in equity funding. Founded in Ghana in 2008 by serial entrepreneur Jorn Lyseggen, MEST is a pan-African software and entrepreneurship training programme, seed fund, and incubator helping to launch technology startups across the continent. To date, it [...] Read more ›
3
Egypt’s MaxAB, a food and grocery B2B e-commerce and distribution platform serving a network of traditional retailers across Egypt and Morocco, has closed a US$40 million pre-Series B equity round to fuel its expansion across the MENAP region. Founded in 2018 by Egyptian and Libyan entrepreneurs Belal El-Megharbel and Mohamed Ben Halim, MaxAB is a [...] Read more ›
36
The Nigeria Startup Act, which is aimed at deepening the country’s technology ecosystem and enabling the sector, has been signed into law by President Muhammadu Buhari. Initiated last May by the Nigerian presidency and a coalition of Nigerian technology industry leaders, the aim of the Nigeria Startup Act is to lay out rules and systems [...] Read more ›
0
Nigerian social commerce startup Bumpa has announced a US$4 million round of seed funding to expand its product offering and move into new markets. Launched in February 2021 by Kelvin Umechukwu and Adetunji Opayele, Bumpa helps merchants move their business online without the need for programming skills. The platform allows them to set up an [...] Read more ›
9
Egypt-based B2B pharma platform i‘SUPPLY has raised a US$1.5 million pre-seed round to expand across the country and elsewhere in the Middle East and Africa. Founded in 2021 by Ibrahim Emam, Malek Sultan and Moustafa Zaki, i‘SUPPLY aims to digitise the pharmaceutical business by providing a one-stop-shop solution to quickly predict and overcome supply chain [...] Read more ›
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Egyptian e-health startup Vezeeta has raised an undisclosed amount of growth funding to accelerate its organic growth as well as fund acquisitions and expansions across the Middle East and Africa. Founded in 2012 by Ahmed Badr and Amir Barsoum, Vezeeta is a healthcare app that enables patients to book doctor appointments, order medications online, and [...] Read more ›
0
Co-Creation Hub (CcHub), in collaboration with Google, Rwanda’s Ministry of ICT and Innovation, and Mojaloop Foundation, have announced the six startups selected for the second cohort of the Fintech Incubation Programme. The three-month Fintech Incubation Programme is designed to support early-stage technology startups building solutions that are focused on increasing financial inclusion. In the first [...] Read more ›
26
Egyptian e-health startup Vezeeta has raised an undisclosed amount of growth funding to accelerate its organic growth as well as fund acquisitions and expansions across the Middle East and Africa. Founded in 2012 by Ahmed Badr and Amir Barsoum, Vezeeta is a healthcare app that enables patients to book doctor appointments, order medications online, and [...] Read more ›
0
Egyptian delivery management startup Roboost, previously known as Tayar, has secured a six-figure US dollar seed round of funding to help it grow. Founded in 2020, Roboost is an AI-powered automated delivery management solution that digitally mimics real-life operations and handles day-to-day situations, capable of self-learning to optimize every aspect of the delivery operation. The [...] Read more ›
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The Alibaba Global Initiatives (AGI), a professional training arm of Alibaba Group, has enrolled the second class of more than 360 African entrepreneurs for its Alibaba Netpreneur Training programme. The Alibaba Netpreneur Training Programme was first introduced in 2019 and has successfully trained close to 1,500 entrepreneurs in Africa, Europe, Latin America as well as [...] Read more ›
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Ghanaian logistics startup ShaQ Express has bootstrapped its way to 13,000 customers in its home market, and is now planning further growth at home and abroad. Founded in 2020, ShaQ Express bridges the gap between vendors and customers by providing a platform that allows vendors to sell and convenience to customers to shop from a [...] Read more ›
27
South African employee wellness startup Strove has secured an undisclosed amount of funding from Japanese VC firm Lifetime Ventures to help it build out its platform. Founded in 2020 by Chris Bruchhausen in partnership with venture builder The Delta, Strove is an activity-based mobile rewards application that empowers organisations to inspire their employees to live [...] Read more ›
32
Six African fintech companies have been declared finalists of this year’s Ecobank Fintech Challenge, and will now compete for a top price of US$50,000 and admission to the Ecobank Fintech Challenge Fellowship programme. Ecobank is a leading independent pan-African banking group that serves over 32 million customers in the consumer, commercial and corporate banking sectors [...] Read more ›
0
Most popular sources
Business Insider
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29% 1 |
Tech Wire Asia
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12% 5 |
CNET
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9% 2 |
The Verge
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7% 2 |
TechRadar
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6% 5 |
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29.11.2024 07:52
Last update: 07:46 EDT.
News rating updated: 14:41.
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