The FT x Cardano Blockchain Challenge is sourcing ventures building on Cardano or interested in leveraging the Cardano blockchain platform and community, offering selected ventures access to a bootcamp and an accelerator programme. The FT x Cardano Blockchain Challenge is a collaboration between Cardano’s Project Catalyst, a community and group of experiments focused on self-governance [...] Read more ›
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South African logistics startup GoMetro has secured a ZAR16.3 million (US$1 million) seed extension round to accelerate its growth, bolster its commercial team and rapidly expand into the South African, UK and American markets. GoMetro is a mobility management platform that enables public transport and logistics operators to boost operational efficiency, futureproof their services, and [...] Read more ›
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Kenyan startup Phindor has launched a next generation shop assistant system that employs artificial intelligence (AI) to help local businesses digitise record management, data collection and storage. Phindor began life as a website helping users find and compare pricing for school items, but pivoted in 2018 to offering data management and analysis services. “We decided [...] Read more ›
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The Baobab Network, a Nairobi-based accelerator that invests in early-stage tech companies across Africa, has announced its latest cohort of five investees, each of which secures US$25,000 in funding. The Baobab Network has been accelerating startups with capacity building and fundraising since 2019, and now supports 25 startups in 11 countries after making five further [...] Read more ›
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South Africa-based VC firm HAVAÍC has announced the third and final close of the HAVAÍC Universum Core African Fund, a US$20 million fund that will invest in early-stage technology companies in South, East, and West Africa. The Cape Town-headquartered HAVAÍC is an investment and advisory firm that invests in and supports early-stage, high-growth African technology [...] Read more ›
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Egyptian financial super app Khazna, which offers easy to use, technology-driven financial services to underserved consumers and micro-businesses, has announced it has obtained final approval from the Central Bank of Egypt (CBE) to launch its Khazna Card in partnership with ADIB Egypt. Launched in 2020, Khazna began life as an earned wage access product, but [...] Read more ›
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Seven startups have graduated from the latest Founder Institute Ghana programme, which culminated with a pitch to mentors, investors, business leaders and previous graduates from around the globe at a virtual graduation ceremony. Founded in 2009 by Adeo Ressi and Jonathan Greechan and operated out of Palo Alto, California, the Founder Institute connects startups with [...] Read more ›
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Not all venture capital firms are 100 per cent driven by the need to secure the largest possible returns, instead also placing emphasis on societal or environmental impact, yet when it comes to backing winning startups they will all look for the same business fundamentals. That is according to Maelis Carraro, managing director of Catalyst [...] Read more ›
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Earnipay, the fintech startup committed to improving staff productivity and financial well-being by enabling employees get flexible and on- demand access to their earned salaries ahead of payday has partnered with OnePipe to ensure that the financial transactions that characterize Earnipay’s offerings are done friction free and at lightning speed. In Nigeria today, employees often [...] Read more ›
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Nigerian tractor-booking platform Hello Tractor has raised US$1 million in funding from Heifer International to provide loans for tractor purchases which can be repaid from revenues earned by leasing them to local farmers. Hello Tractor has rolled out a tracking device and software that allows farmers and tractor owners to book connected tractors from their [...] Read more ›
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Startups with innovative solutions that help overcome the overexploitation, pollution or climate change challenges faced by the ocean have been invited to apply for the third cohort of OceanHub Africa accelerator programme. Read more ›
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Nigerian home concierge services scheduling platform Lynk has expanded to Kenya, with its launch in the East African country facilitated by its acquisition of Lynk, a tech company connecting informal workers to job opportunities. Launched in Nigeria in 2019 with a vision to connect busy professionals with concierge services, Eden Life offers its users a [...] Read more ›
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Senegalese startup Kwely, a B2B wholesale distribution marketplace for “Made in Africa” products, has raised a US$1 million seed round of funding. Founded by Birame Sock, a tech entrepreneur who successfully exited two startups in the US, Kwely was launched under the premise that “Made In Africa” products have a place on the global market [...] Read more ›
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Co-Creation Hub (CcHub), in collaboration with Google, Rwanda’s Ministry of ICT and Innovation, and Mojaloop Foundation, have announced the nine startups selected for the first Fintech Incubation Programme. The Fintech Innovation Project, which consists of the Fintech Incubation Programme and other developmental programmes, is part of the ongoing efforts to turn Rwanda into a fintech [...] Read more ›
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Nigerian startup OnePort 365, a digital freight forwarding company that makes it easier to move cargo to, from and within Africa, has raised US$5 million in seed funding to drive the end-to-end digitisation of freight management in Africa and support its expansion into new markets across the continent. OnePort 365 has developed a freight forwarding [...] Read more ›
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Malagasy startup SAYNA, an education and freelancing platform, has raised a US$600,000 funding round to finish development. Founded in 2018 by Franco-Malagasy entrepreneur Matina Razafimahefa, SAYNA is a mobile video game designed to teach digital professions, which uses algorithms to automatically connect learners to IT micro-tasks requested by international companies. The startup has built a [...] Read more ›
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Investment firm Unicorn Group has launched its fourth incubation programme for entrepreneurs, which for the first time is open to startups from a host of countries. Read more ›
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Nigerian fintech startup Trade Lenda is helping micro, small and informal retailers with access to financing for their business needs, while also assisting retailers with access to distributors and manufacturers. Founded last year, the Lagos-based Trade Lenda helps small businesses get quick and affordable access to credit with zero upfront collateral within six hours. The [...] Read more ›
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Global accelerator and investment firm Techstars has expanded to Nigeria with the launch of a Lagos-based programme in partnership with ARM, offering selected startups access to funding, hands-on mentorship, and access to a worldwide network on an annual basis. Founded in 2006, Techstars provides access to capital, one-on-one mentorship, and customised programming for early-stage entrepreneurs, [...] Read more ›
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Student accommodation marketplace DigsConnect has received investment from international venture builder The Delta as part of its current funding round. Launched by Alexandria Procter and Greg Ramsay-Keal in 2018, the DigsConnect platform allows landlords, estate agents and property managers to post their property listings, with students then searching and filtering through these listings to find [...] Read more ›
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Most popular sources
Business Insider | 26% 4 |
Tech Wire Asia | 26% 9 |
Eurogamer.net | 5% 2 |
Android Authority | 5% 1 |
The Verge | 4% 1 |
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30.11.2024 02:28
Last update: 02:20 EDT.
News rating updated: 09:20.
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