Disrupt Africa has released the first episode of its two-part podcast series zeroing in on the state of Africa’s fintech space, looking at trends, opportunities and challenges within the vital sector. Disrupt Podcast has released a number of focused series in the last couple of years, including ones on venture capital and e-commerce, while it [...] Read more ›
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Since the launch of prominent early altcoins such from Etheruem to Dogecoin, the altcoin landscape has undergone a remarkable transformation. It has evolved from a niche sector previously eclipsed by Bitcoin’s shadow, into a growing ecosystem filled with innovation and new cryptocurrencies. Different trends and new tokens are populating this dynamic landscape, especially with an [...] Read more ›
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Nigerian startup Bujeti, an end-to-end expense management and budgeting platform, has raised US$2 million in seed funding to accelerate its growth and boost market share. Founded in 2021, financial management platform Bujeti is transforming the landscape of corporate finance management for businesses of all sizes, offering a unified solution that streamlines expenses, automates payments, issues [...] Read more ›
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African startups in the Internet of Things (IoT) space are invited to apply to participate in the 12-week high-touch RIoT Accelerator Programme. The RIoT Accelerator Programme increases the impact of traditional business development resources by connecting startups with an industry consortium of more than 90 companies across the IoT technology stack to learn, partner, and [...] Read more ›
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Ugandan startup Munakyalo Agrofresh is helping farmers avoid post-harvest losses by preventing food spoilage via solar-powered cold storage and preservation stations. Formed in May 2021 in the Kyaka 2 refugee settlement in western Uganda, Munakyalo Agrofresh provides its Cold Hives to smallholder farmers and market vendors, extending the shelf life of perishable produce from the [...] Read more ›
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Cast your mind back to January 1st 2013, a time when the world was still grappling with the new concept of cryptocurrency. Bitcoin, the brainchild of the enigmatic Satoshi Nakamoto, was still in its early stages, struggling to gain traction and acceptance. Back then, one Bitcoin could be acquired for a mere $13.30, a figure [...] Read more ›
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Nairobi-based insurtech startup Bluewave will remain an independent entity following the failure of its planned acquisition by counterpart Lami, originally announced in February 2022. Bluewave was founded by Adelaide Odhiambo in 2016, and has developed a robust micro-insurance system that offers users easy access to an array of insurance products. Disrupt Africa, and many others, [...] Read more ›
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Kenyan startup tappi, which helps SMEs build their online identity through a chat tool that automatically creates a webpage, has raised US$1.5 million through an oversubscribed pre-seed round of funding to help it digitise and build online trust for African SMEs. Founded by Kenfield Griffith and Louis Majanja, tappi allows SME owners to download its [...] Read more ›
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South African recruitment platform One Degree says it is changing the way employers hire tech contractors, removing intermediaries and unconscious bias to make the hiring process more fairer and more efficient. Formed in 2022, and launched earlier this year, One Degree provides employers with access to a diverse pool of experienced, independent tech contractors. Contractors [...] Read more ›
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Egyptian online car parts marketplace Mtor has raised US$2.8 million in pre-seed funding to help it expand its product suite to digitise local car workshops. Founded in 2022 by Mohamed Maged, Moaz El-Megharbel, Mohamed Altaf and Khaled Kandil, Mtor provides a unified platform for local car workshops and on-demand automotive spare parts at reasonable prices. [...] Read more ›
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Kenya-based MPost, a digital addressing startup that transforms mobile numbers into virtual addresses and has operations in Kenya, Rwanda, and Burundi, has announced the relocation of its headquarters from Nairobi, Kenya, to Kigali, Rwanda. Launched in 2016, MPost is a platform that enables the conversion of mobile numbers into official virtual addresses, which allows notifications [...] Read more ›
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Kenyan electric bus solutions startup BasiGo has secured a US$5 million debt facility from British International Investment (BII), the UK’s development finance organisation, for delivery of 100 locally-produced electric buses. BasiGo provides state-of-the-art electric buses along with charging and maintenance services for bus operators, making these vehicles affordable through a financing model that allows operators [...] Read more ›
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The pan-African Startupbootcamp AfriTech accelerator has created a mentor-led angel community and investment syndicate designed to connect startups to mentors providing both operational help and capital. Startupbootcamp AfriTech was launched in 2017 as the first multi corporate-backed pan-African startup accelerator, and in March 2021 launched the Africa Startup Initiative Programme (ASIP) to support the next [...] Read more ›
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Kenyan fintech startup Pezesha has announced the launch of “Pezesha 2.0”, which it describes as a “significant evolution” in its journey towards financial inclusion for underserved micro-SMEs. Pezesha is an end-to-end operating system that enables micro, small, and medium enterprises to instantly access affordable working capital and inventory financing on their phone. The platform also [...] Read more ›
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Nigerian startup Messenger is supporting gig workers and logistics operators with asset financing and credits to power local deliveries. Messenger started as a traditional logistics business in 2018, serving the most popular Nigerian e-commerce brands and individuals with logistics needs. The company incorporated technology into its processes and pivoted to solving the challenges they faced [...] Read more ›
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Kenyan fintech startup Lipa Later has acquired online retailer Sky.Garden for KES250 million (US$1.6 million), revamping its platform with new features to launch a rebranded e-commerce ecosystem. Founded in 2018, Lipa Later aims to empower African businesses to do more by enabling e-commerce, financial inclusion and shopping all on one centralised and fully integrated platform. [...] Read more ›
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Forty-five startups from across the continent have been named regional finalists for the latest MEST Africa Challenge, the winner of which will secure US$50,000 in equity funding. Founded in Ghana in 2008 by serial entrepreneur Jorn Lyseggen, MEST is a pan-African software and entrepreneurship training programme, seed fund, and incubator helping to launch technology startups [...] Read more ›
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Nairobi-based climate-tech startup Amini, which is focused on solving Africa’s environmental data gap through artificial intelligence and satellite technology, has raised US$4 million in seed funding to accelerate its growth into new sectors. Founded by AI innovation and technology expert Kate Kallot, Amini is an impact-driven AI startup solving Africa’s environmental data scarcity to support [...] Read more ›
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The cryptocurrency market is buzzing with anticipation as the approval of a spot Bitcoin Exchange-Traded Fund (ETF) draws closer. With experts predicting the Securities and Exchange Commission (SEC) to reach a decision by January 10th, less than 50 days from today, the market is witnessing renewed enthusiasm and optimism. Grayscale’s Updated ETF Filing Ignites the [...] Read more ›
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Tunisian team collaboration startup Cynoia has raised EUR850,000 (US$930,000) in funding for expansion into West African Economic and Monetary Union (UEMOA), chiefly Senegal and Ivory Coast. Founded in 2022 by Nasreddine Riahi and Ayoub Rabeh, Cynoia aims to simplify and optimise collaboration within companies. Its platform consolidates a comprehensive suite of essential tools, encompassing everything [...] Read more ›
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Most popular sources
Business Insider
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20% 12 |
The Verge
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11% 5 |
Tech Wire Asia
|
8% 2 |
Gizmodo
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8% 3 |
Tom's Hardware
|
8% 5 |
| View sources » | |
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27.11.2024 08:03
Last update: 07:55 EDT.
News rating updated: 14:50.
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