The Cameroon-based Taaply, which began life digitising business cards, has raised US$500,000 in funding as it announces the release of a new app and website update. Launched in 2021, Taaply is a digital business card solution aimed at cutting down on carbon emissions in Africa. The startup has evolved since Disrupt Africa first spoke to [...] Read more ›
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Fifteen startups from across the continent have been selected for the next phase of the e-Track Programme, a three-phase venture acceleration programme run by the UCT GSB Solution Space in partnership with ayoba. Run by UCT GSB Solution Space – a specialised centre of the University of Cape Town Graduate School of Business focused on [...] Read more ›
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Nigerian fintech startup AjoMoney is a community financing platform that digitises Africa’s centuries-old rotating savings and credit associations (ROSCAs), making it possible for the 65 per cent of Africans who are either unbanked or underbanked to access zero or low interest credit when they collectively save and invest money. Founded in 2021 by Ibrahim Adepoju [...] Read more ›
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Early-stage venture capital firm Microtraction, which invests in African tech startups at the pre-seed stage, has announced a US$15 million first close of its second fund, counting a number of established African tech startup founders among its LPs. Founded by Yele Bademosi and Kwamena Afful in 2017, with initial backing from PAVE Investments, Michael Seibel, [...] Read more ›
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The Youth Climate Innovation Labs has called on young innovators in Middle East and North Africa (MENA) that are creating climate technology solutions to join a three-day launchpad which will see the best projects receive a 6-8 week Climate Innovation Academy Programme to help build out their companies. The Youth Climate Innovation Lab, a collaboration [...] Read more ›
18
Kenyan startup iProcure, a tech and data-driven agricultural inputs supply company, has announced the close of a US$10.2 million Series B funding round to support its expansion into Uganda and Tanzania, as well as the launch of a credit offering for agro-retailers to purchase supplies on credit. Launched in 2013, iProcure has developed its own [...] Read more ›
0
Nigerian retail-tech startup Omnibiz has secured a US$15 million pre-Series A round of funding to accelerate retailer growth and retention, and boost its revenues four-fold. Founded in June 2019 by Deepankar Rustagi, Omnibiz allows retailers to place orders at their convenience and have goods delivered to their doorstep with zero delivery costs. Retailers can stock [...] Read more ›
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South African startup Cashful is working to unlock informal market potential by leveraging alternative data and machine learning through a mobile application to build digital financial identities for underbanked communities operating outside of the formal financial ecosystem. Founded by Mahlomola Mokoteli, Cashful began life as a mobile payments platform but quickly pivoted to alternative credit [...] Read more ›
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The ninth edition of the Africa Early Stage Investor Summit (AESIS), the largest gathering of Africa-focused early stage investors, will take place on November 2-4 in a hybrid format. The annual AESIS, organised by VC4A and ABAN, is a three-day summit that is a mix of virtual components and in-person investor meetups in over 25 [...] Read more ›
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South African product rentals service Rentoza is planning expansion into West Africa in the next 12 months after banking funding from Khulisani Ventures, the early-stage investment vehicle of the Mineworkers Investment Company (MIC), back in June. Founded in 2018, Rentoza provides product subscriptions to South Africans for essential items, be they electronics appliances or baby [...] Read more ›
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Nigerian startup Shoptreo has launched an online B2B marketplace for African informal retailers and vendors who specialise in African-made products. Launched in November 2021 by Emmanuel Jacobs and George Uteh, Shoptreo helps connect African manufacturers, artisans and vendors with the online market. “There has been a challenge on how to take African products to Africa, [...] Read more ›
8
Women-led and women-focused tech startups have been invited to apply for the eighth edition of the global She Loves Tech competition. Launched in 2015, She Loves Tech is a global platform committed to closing the funding gap for women entrepreneurs. The platform seeks out and accelerates the best entrepreneurs and technology for transformative impact, aiming [...] Read more ›
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For all the talk of major inflows of funding into the African tech space, many startups – whether by accident or design – remain unfunded. And for many, such as Nigeria’s Selar, this does not pose a problem. Founded in 2016, Selar is an e-commerce store builder that enables anyone to monetise their knowledge or [...] Read more ›
0
Nigerian cryptocurrency startup Yellow Card has launched a new service called Yellow Pay, which makes money transfers easier but also aims to open up the continent to more investment, access to credit, and business grants. Formed in 2018 and launched in Nigeria in 2019, Yellow Card makes it easy for anyone, anywhere in Africa, to [...] Read more ›
0
Leading fintechs, investors, crypto platforms, ventures and digital finance stakeholders will connect at the Africa Money & DeFi Summit West Africa edition on September 27-28 in Accra, Ghana. Following the sold-out Money and DeFi Summit in Nairobi early this year, the Africa Money & DeFi Summit – West Africa, produced by Africa Tech Summit, will [...] Read more ›
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The Nairobi-based Lori Systems, an e-logistics company digitising haulage and providing shippers with solutions to efficiently manage their cargo and transporters, has raised funding from Google to help it to continue to expand across the continent. Founded in 2016, Lori Systems provides supply chain management solutions to cargo owners, ensuring flexibility, reliability and cost savings. [...] Read more ›
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Egyptian startup Bonbell, a mobile app specialised in food ordering and digital solutions for table and meal reservations, has closed an initial funding round worth US$350,000 to help further develop its services and grow its user base. Launched early this year, Bonbell offers a wide range of food ordering services, from food delivery to restaurant [...] Read more ›
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The Ethiopia-based Tech African Women (TAW) programme has launched in a bid to provide support and acceleration to women-owned African tech startups, taking businesses from idea stage to operational. TAW is spearheaded by the United Nations Economic Commission for Africa (ECA), in partnership with Betacube, and invites female-led idea stage startups from Ethiopia, Senegal, Tanzania [...] Read more ›
2
Egyptian startup Convertedin, a marketing operating system for e-commerce brands, has raised a US$3 million seed funding round to help it expand across MENA and Latin America. Convertedin is built for brands and businesses who desire a single platform to drive personalised and scalable campaigns, convert customers, achieve measurable results and grow revenue. The startup [...] Read more ›
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South African logistics startup Droppa has closed its Series A investment round with logistics giant SkyNet Worldwide Express Holdings increasing its stake in the startup. An on-demand logistics platform founded in 2016, Droppa offers a nationwide suite of delivery options which include road and air delivery modes, offering same-day delivery services between Johannesburg, Cape Town [...] Read more ›
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Most popular sources
Tech Wire Asia
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32% 8 |
Business Insider
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23% 5 |
CNET
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5% 1 |
Android Authority
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5% 1 |
The Verge
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5% 1 |
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29.11.2024 13:45
Last update: 13:36 EDT.
News rating updated: 20:31.
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