Applications are open for the latest Westerwelle Young Founders Programme, which offers outstanding young entrepreneurs from developing and emerging countries six months of business mentoring and the chance to participate in the Young Founder Conference in Berlin. The Westerwelle Foundation for International Understanding supports collaboration between young entrepreneurs, executives and decision makers from around the [...] Read more ›
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Toffene Kama has advised, launched, operated many startups, with experience telling him that funding was a major roadblock for entrepreneurs. So now he is helping to address that, as investment principal at Mercy Corps Ventures. Passionate about technology and its transformative role in Africa, Kama started his career in telecoms, leading the product and market [...] Read more ›
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Venture capital (VC) funds deployed in African markets should result in a “trickle down” effect that addresses issues around poverty and provides underserved communities with access to vital services. That is according to Tokunboh Ishmael, co-founder and managing partner at Alitheia Capital, which is the second focus of a series of case studies and podcasts [...] Read more ›
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Three startups from Kenya, Nigeria and Zimbabwe have been named winners of the first Kofi Annan Award for Innovation in Africa, and will each receive EUR250,000 (US$250,000) in grants, international visibility and long-term mentoring. With its focus on the rapid digitisation on the African continent, the Kofi Annan Award aims to contribute to the achievement [...] Read more ›
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Nigerian startup Qataloog makes it easy for universities and colleges to order specialised academic books, enabling catalogue discovery, sharing, strategic acquisition and management of learning content collections for schools in Africa. Founded in 2019, Qataloog aims to provide the latest findings from the best publishers, authors and aggregators in Africa, Europe, America and Asia-Pacific to [...] Read more ›
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South African digital student accommodation platform DigsConnect has closed a pre-Series A round of funding to spearhead its international growth, with a focus on helping African students in the UK and US secure more affordable, convenient, and safe housing. Launched by Alexandria Procter and Greg Ramsay-Keal in 2018, the DigsConnect platform allows landlords, estate agents [...] Read more ›
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Yunus Environment Hub (YEH) has opened applications for the latest edition of its GrowUp incubation programme, which seeks social business solutions for sustainable tourism and mobility in East Africa. Co-founded and led by Nobel Peace Prize Laureate Prof. Muhammad Yunus, YEH is a global social business network that creates solutions for the environmental crisis. It [...] Read more ›
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Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, has secured a US$3.5 million investment from specialist development agency FSD Africa to anchor its presence in Africa, and scale its work as a leading accelerator and pre-seed impact fund for emerging market entrepreneurs. Catalyst Fund supports inclusive tech innovators in emerging markets offering inclusive [...] Read more ›
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Nigerian full-service fintech and Banking-as-a-Service (BaaS) infrastructure provider Bloc has announced its acquisition of Getwallets, the wallets-as-a-service provider that has now recently pivoted to become payments orchestration company Orchestrate. Formed in 2021, Bloc is a fintech infrastructure company that helps any company offer fintech solutions to their customers via an exhaustive set of building blocks [...] Read more ›
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Applications have opened for South Africa’s Design Innovation Seed Fund (DISF), through which designers, inventors, entrepreneurs and product developers with pre-revenue innovations can apply for grant funding of up to ZAR800,000 (US$47,000). The DISF is a project of the Craft and Design Institute (CDI) with investment funds provided by the Technology Innovation Agency (TIA) and [...] Read more ›
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African tech startups raised more funding in the first six months of 2022 than they did across the entirety of 2021, with total investment hitting US$2.275 billion. The seventh edition of Disrupt Africa’s annual African Tech Startups Funding Report, released in January, found 564 startups raised a combined US$2,148,517,500 in 2021, a record for a [...] Read more ›
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Nigerian fintech startup Swipe has raised US$500,000 in pre-seed funding this year as it looks to expand access to its various credit services. Founded in 2020, Swipe is a credit-focused tech company powering businesses in Africa by providing credit solutions to enable business growth and expansion through credit purchases. Its mission is to drive credit [...] Read more ›
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South African smart parking software management solution has launched operations in Cape Town’s CBD with plans to expand nationally and internationally later this year. Founded by Joshua Raphael, Parket delivers an intuitive software management platform that interfaces seamlessly with IoT-driven access technology and an app to allow corporate landlords to allocate parking bays without the [...] Read more ›
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Nigerian fintech startup Moni is a community-powered digital finance platform for African SMEs and consumers that leverages the concepts of social trust and group responsibility in order to offer a range of financial services to those who otherwise would not be able to access them. Founded in 2021 by Femi Iromini and Adedapo Sobayo, who [...] Read more ›
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Corporate News Received the Sustainability Award for the most sustainable company in the digital currency category by World Finance. Acquired Celera Markets Limited, a fully licensed financial group by the Securities and Futures Commission (SFC) of Hong Kong, and secured five types of SFC licenses – Type 1, 2, 4, 5 and 9. Ranked among [...] Read more ›
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Bicycle community delivery platform Errand360, which was built to serve users with demand for quick and short errands within their communities and on-demand delivery services, has entered into a strategic partnership with Jumia Food in Nigeria to offer last mile deliveries to the company’s customers. Launched last year, Errand360 bicycles serve users with a variety [...] Read more ›
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South African fintech startup Nomanini is expanding its recently-launched supply chain finance solution StockNow to eight new African markets via a strategic partnership with financial services provider Baobab Group. Founded in 2010, Nomanini has developed a platform that enables informal merchants and micro-entrepreneurs in emerging markets to distribute digital goods such as airtime and prepaid [...] Read more ›
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Kenyan insurtech startup mTek is a 100 per cent digital insurance platform that seeks to get uninsured Kenyans insured by increasing the country’s three per cent market penetration. Launched in 2020, mTek is a digital platform that provides an entirely paperless ecosystem for the insurance industry, and allows customers to purchase insurance directly from the [...] Read more ›
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Tunisian fintech startup Paymee has secured a six-figure US dollar round of funding as it looks to accelerate its product development and grow its enterprise offering. Founded in 2020 by Marwen Amamou, Paymee delivers innovative payment technologies that help merchants increase their revenues by accepting digital payments. The startup offers online payment acceptance solutions through [...] Read more ›
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EGBank and Cairo Angels have opened applications for the latest edition of the MINT Incubator, which helps startups grow and become investment-ready. Cairo Angels – which invests in and supports startups across the Middle East and Africa – and EGBank partnered to launch the three-month equity-free MINT Incubator in 2018, and there have been several [...] Read more ›
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Business Insider | 29% 2 |
Tech Wire Asia | 28% 2 |
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Android Authority | 5% 1 |
Mashable | 3% 1 |
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29.11.2024 17:38
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