Kenyan startup TopUp Mama, which provides African restaurants with access to supplies, financial services and business management tools, has closed a US$1.7 million seed funding round to accelerate its growth. Founded by Njavwa Mutambo, Emilie Blauwhoff and Andrew Kibe in 2021, TopUp Mama is a one-stop-shop for restaurants in Kenya and Nigeria that provides them [...] Read more ›
21
Nigerian startup NucleusIS has launched a new platform that allows individuals and businesses to buy health insurance on credit. Founded in 2019, NucleusIS has built a robust enterprise technology base for health insurance companies and care providers, which has so far on-boarded seven clients. The startup is also leveraging this technology to distribute health insurance [...] Read more ›
21
The Social & Inclusive Business Camp (SIBC) has begun searching for its sixth cohort of African entrepreneurs that are leading developing, high-impact companies. The SIBC programme is supported by the FDA Campus and implemented by a consortium of international partners – I&P Conseil, African Management Institute (AMI), ScaleChanger and StartupBRICS. Since 2017, it has helped [...] Read more ›
0
Kenyan startup Abantu AI has developed a deep learning technology in the field of natural language processing (NLP) that translates from major world languages to indigenous African languages. Developed by James Mwaniki, also CEO of MoVAS, a company that offers micro-lending services to telecom companies in Africa and Asia, Abantu AI launched last September, and [...] Read more ›
5
SINGAPORE, 11 May 2022 — Amber Group, the leading global digital asset platform, today announced its entry into the metaverse with the launch of Openverse, a Web3 enablement platform for creators, brands and businesses. A culmination of Amber Group’s multi-disciplinary expertise in digital architecture and blockchain-native infrastructure, Openverse serves as a gateway to the metaverse, [...] Read more ›
0
Nigerian clean-tech plastic waste recycling company Kaltani has raised US$4 million in seed funding to expand its recycling operations across the country. Founded in Nigeria by Engineer Obi Charles Nnanna, Kaltani aims to solve Africa’s growing plastic waste crisis by promoting the circular economy and recycling best practices. The startup has a team of 100 [...] Read more ›
0
US-based growth equity firm Activant Capital has announced the expansion of its research and due diligence capabilities with a new office in Cape Town, South Africa. Activant Capital has built a portfolio of more than 35 leading private and public companies, including Deliverr, Bolt, and Jokr, across four continents, focusing on startups evolving the way [...] Read more ›
0
Nigerian startup Bossbus claims to be offering a more affordable, convenient and reliable mobility experience to commuters, allowing them to book various forms of transport from one app. Launched last August by Oluwatobi Johnson Fakayode, Bossbus allows users to book a trip in a comfortable car, SUV, bus or boat to various destinations, while its [...] Read more ›
0
Applications open in English and French for fourth year of the Africa’s Business Heroes (ABH) prize competition ABH annually awards 10 outstanding entrepreneurs from across Africa with a share of a US$1.5 million grant Season 3 of the ABH Show featuring the Top 10 Heroes from the 2021 competition will premiere on CNBC Africa on [...] Read more ›
0
The newly-rebranded VC firm Rali_cap has reached a first close of US$20 million of a US$30 million fund that will invests in B2B and API-first fintech startups in Africa and other emerging markets. Co-founded by Hayden Simmons, who worked for the likes of Juvo, Migo and Facebook before launching Rally Cap Ventures, a global community [...] Read more ›
0
Nigerian startup Vendly has launched a platform that allows users to send and receive money using just their social media handles. Launched in December, Vendly aims to help social media users monetise their platforms, allowing them to send and receive money PayPal-style. It does this by implementing “vends” – payment links that can be tied [...] Read more ›
0
Egyptian fintech startup Paymob has raised a US$50 million Series B funding round to help it launch new products and expand into additional markets. 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 service providers through mobile wallet technology. [...] Read more ›
0
South African payments solutions startup Wallettec says its mybux digital voucher platform is now operating in 14 African countries and is processing over 20 million vouchers a month. Launched in Cape Town in 2013, Wallettec is a mobile money integration company that has provided mobile payment solutions in more than 14 African countries, including Kenya, [...] Read more ›
0
The Migration Entrepreneurship Prize, a programme designed for socially driven startups with a mission to enhance the inclusion of migrants in the Middle East and Africa, has opened applications for its second cohort. In a partnership between Seedstars and The Peace and Human Rights Division of the Swiss Federal Department of Foreign Affairs (FDFA), the [...] Read more ›
0
South African HR and payroll startup Radar has been acquired by mobile payments provider SnapScan as founders Kobus Ehlers and Gerrit Greeff exit their second startup to their first one. Ehlers and Greeff spent close to a decade building various payments products for and with banks, culminating in SnapScan, which became South Africa’s biggest mobile [...] Read more ›
0
Anheuser-Busch InBev, the largest beer brewing company with a legacy of brewing 500 brands (likes of Budweiser, Corona, Stella Artois and others) across 100+ countries launched its 2022 Africa edition of the Beer Garage Global Accelerator Program on 20th April, 2022. The event was attended by 250+ audience comprising of Startups, VCs, Accelerators, Corporates and [...] Read more ›
0
Nigerian trade technology startup Norebase, which is building a single platform for businesses to start, scale and operate in any African country, has secured a US$1 million pre-seed funding round to accelerate its growth. Launched in September 2021, Norebase provides a single digital infrastructure platform for Africa-wide expansion, helping founders and entrepreneurs start, scale, and [...] Read more ›
15
The American Society of Mechanical Engineers (ASME) is now accepting applications from aspiring social entrepreneurs worldwide for the first round of its Idea Lab incubator, a new programme that extends the reach of the ASME Innovation Showcase (ISHOW) hardware accelerator platform. Founded in 1880, ASME is a not-for-profit professional organisation that enables collaboration, knowledge sharing, [...] Read more ›
0
Nigerian fintech startup Kwaba, which helps low and middle income earners to split their annual rent into convenient monthly installments, has secured a pre-seed round of funding to help it expand across Nigeria and Africa. Founded by Obinna Molokwu in January 2020, Kwaba is a digital platform that helps facilitate home payment for Africans, and [...] Read more ›
3
Draper Startup House (DSH) has established its first location in Southern Africa in Lusaka, Zambia through a partnership with BongoHive, the country’s first technology and innovation hub. Founded in Singapore in 2018 by Vikram Bharati as Tribe Theory, a hostel concept for digital nomads, Draper Startup House (DSH) has grown into a global network of [...] Read more ›
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Most popular sources
Tech Wire Asia
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25% 9 |
Business Insider
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25% 5 |
The Verge
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6% 1 |
Eurogamer.net
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6% 2 |
Android Authority
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4% 0 |
| View sources » | |
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30.11.2024 01:37
Last update: 01:30 EDT.
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