Egyptian ed-tech startup Emonovo, formerly known as MARJ3, has raised a bridge round of funding as it refocuses its efforts and aims to reach more students. Founded by Abdo Samy, Sami Al-Ahmad and Ahmed Elgebaly in July 2016, Emonovo began life as MARJ3, a comprehensive database for educational opportunities worldwide for Arab youth. Within a [...] Read more ›
155
The Ghana-based PEG Africa, one of the largest providers of distributed energy in West Africa, has been acquired by Bboxx in a deal that cements the latter’s position as the leading super platform for essential products and services in Africa. PEG is a solar energy leader in West Africa and has one of the broadest [...] Read more ›
226
Egyptian e-health startup Shezlong has expanded into South Africa, launching operations under a new brand – Upright. Founded in 2014, Shezlong helps patients connect with licensed therapists through online video calls online, and uses cognitive behavioural therapy to teach individuals how to manage stress and anxiety. The platform hosts hundreds of consultants and has more [...] Read more ›
71
Seed and early-stage venture capital firm Flat6Labs has partnered SANAD Entrepreneurship Academy to launch an agri-tech accelerator programme that will help participants improve their business models, product development, customer relationships, marketing plans, and financial management. The programme, which will assist 10 to 12 startups in each cycle, marks the beginning of Flat6Labs’ mission to support [...] Read more ›
24
Sixty eligible black-founded startups from across Africa have been selected for the second cohort of Google for Startups Black Founders Fund (BFF) for Africa, sharing US$4 million in funding and support to enable them to scale up their work. Disrupt Africa reported in July of last year on the US$3 million Google for Startups Black [...] Read more ›
15
At the LHoFT, we strongly believe that financial technology is crucial to advancing financial inclusion, empowering groups that have been left behind by the traditional financial system. Whether it is financing for rural farmers, point of sale technology for under-banked merchants, or specialised insurance products, the positive impact being driven by entrepreneurship is improving lives [...] Read more ›
68
Egyptian enterprise e-commerce technology startup el-dokan has secured a US$550,000 pre-seed round of funding to help it carve out market share. Launched in late-2020, el-dokan primarily targets large retailers and chain stores seeking to expand their e-commerce market share, increase sales and operation automation. Utilising “headless e-commerce technology”, el-dokan provides infrastructure that allows tech teams [...] Read more ›
128
The Boost Africa Technical Assistance Facility and AfricaGrow Technical Assistance Facility will next week (September 12-16) host 40 leading fund managers from select African investment funds for an in-person programme held at the University of Oxford’s Saïd Business School. The Boost Africa Technical Assistance Facility, which is funded by the European Union and the Organisation [...] Read more ›
54
South African e-health startup BusyMed, which is improving access to pharmacies for communities around the country, has raised additional funding to speed its expansion plans. Formed in 2018, BusyMed offers access to thousands of products offered by local independent pharmacies, which users can then have delivered to their homes, including prescription medication, in 60 minutes. [...] Read more ›
42
Egyptian startup Carzami, an online retailer for quality used cars and vehicle financing, has cloed a pre-seed round led by Contact Financial Holding, together with a scalable inventory financing facility, which it plans to use to transform Egypt’s used car market, targeting US$30 million in revenue by 2024. Co-founded in 2022 by Hussein Hosny and [...] Read more ›
110
African startups have been invited to apply for the 4YFN Awards, a global startup competition aimed at finding the best digital startups around the world and giving them opportunities at MWC Barcelona 2023. The 4YFN Awards take place each year at MWC, and this year will see the list of “Top 50 startups” published for [...] Read more ›
69
Nigerian startup Infibranches is taking energy and financial services to last mile customers, enabling payment collection, product sales and product distribution for energy companies that sell to consumers through a network of agents and various strategic channels. Formed in 2019, Infibranches began life as a financial services company focused on boosting financial access in rural [...] Read more ›
69
Nigerian startup Duplo, a B2B payment platform that makes it easier for African businesses of all sizes to pay each other, has raised US$4.3 million in seed funding to launch new products and expand into new business verticals. Founded by Yele Oyekola and Tunde Akinnuwa in September 2021, Duplo allows B2B companies to automate payment [...] Read more ›
87
South African startup Thumela has developed a counter-to-counter last-mile logistics solution to help e-commerce businesses and individuals send and collect parcels faster, cheaper, and more conveniently. Launched in May, Thumela transports parcels via trusted and vetted public taxi drivers who travel fixed routes. The logistics startup partners with tuck shops in townships or in rural [...] Read more ›
71
South African gym management software platform Octiv has raised an seven-figure US dollar Series A funding round from local VC firm Knife Capital to help accelerate its global expansion. Founded by Mark Fawzy in Cape Town in 2014, and previously known as BoxChamp, Octiv provides gyms and fitness studios with the correct software with which [...] Read more ›
210
Nigeria’s Anchor, a banking-as-a-service (BaaS) platform making it possible to seamlessly build financial products in Africa, has raised over US$1 million in pre-seed funding and announced its public beta launch. Founded by Segun Adeyemi, ex-CEO of Amplifypay, Olamide Sobowale and Gbekeloluwa Olufotebi, Anchor provides APIs for offering accounts, money movement, savings and card products. The [...] Read more ›
45
Kenyan retail-tech startup Wasoko, which leverages innovative technology to transform the informal retail supply chain, has relocated to Zanzibar as part of a new initiative by the government to turn the island into a tech hub. Launched in 2016 as Sokowatch, Wasoko provides free same-day delivery of essential goods and financing to informal retail stores [...] Read more ›
0
Nigerian startup Joovlin is a B2B social commerce marketplace that helps retailers sell online with zero capital by connecting them to on-demand inventory. Founded by Kingsley Nwose, Yusuf Olalere, and Lucky Mark after they met at the Meltwater Entrepreneurial School of Technology (MEST) in Accra, Ghana, Joovlin allows customers to create storefronts and run a [...] Read more ›
0
KarmSolar, Egypt’s leading private power utility and solar energy company, has raised a new round of capital to fund its local and regional expansion plans. KarmSolar aims to spearhead the growth of the private solar energy market in Egypt through the introduction of innovative and integrated solutions across the industrial, agricultural, commercial and tourism sectors. [...] Read more ›
26
Nigerian fintech startup Vella has launched its platform, which it says enables borderless transfers and remittances across the world, powered by crypto. Launched in beta late last year, Vella has since onboarded more than 250 users, and successfully completed over 230 transactions worth over US$12,000. “Vella is positioned to become a facilitator and an enabler [...] Read more ›
0
Most popular sources
Business Insider
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38% 11 |
CNET
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12% 5 |
Tom's Hardware
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6% 3 |
Android Authority
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6% 2 |
TechRadar
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6% 3 |
| View sources » | |
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29.11.2024 10:40
Last update: 10:31 EDT.
News rating updated: 17:31.
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