Corporate News Named one of CB Insights’ 2022 Blockchain 50, an annual ranking of the most promising blockchain and crypto companies in the world. Announced the appointment of Ehsan Haque as the General Counsel for the Europe, Middle East and Africa (EMEA) region. CEO Michael Wu selected as a recipient of the “Top 100 CEOs [...] Read more ›
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Egyptian startup Rology, an on-demand teleradiology platform, has closed a pre-Series A round of funding to help it expand across the Middle East and Africa. Founded by Amr AboDraiaa, Moaaz Hossam, Mahmoud Eldefrawy and Bassam Khallaf in October 2017, Rology has built a cloud-based platform that provides intelligent matchmaking between patients and remote radiologists, tackling [...] Read more ›
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Oolu Burkina Faso has signed an agreement with the Beyond the Grid Fund for Africa (BGFA) to support the scale-up of high-quality solar home systems for people living in rural areas of Burkina Faso. Launched in 2015, Oolu aims to provide affordable energy access to rural and peri-urban customers in West Africa. So far, it [...] Read more ›
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Nigerian fintech startup Transfy has seen strong early uptake of its payments infrastructure, processing US$15 million in its first year, and is planning continental expansion. Launched in April 2021, the Lagos-based Transfy has developed a blockchain-powered financial services platform that makes it easy for individuals and businesses across Africa to seamlessly, securely, and freely send [...] Read more ›
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Nigerian fintech startup TeamApt is relaunching its Moniepoint product as a business bank in a bid to offer a wider range of services to its customers. Launched in 2015, TeamApt was formed to solve inefficiencies in Nigeria’s growing digital financial services market, and has a variety of products. The startup counts 100 per cent of [...] Read more ›
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Egyptian VC firm Algebra Ventures has secured a US$15 million commitment from the International Finance Cooperation (IFC), a member of the World Bank Group, towards its US$90 million second fund. With its first US$54 million fund, Algebra Ventures invested in startups including Trella, elmenus, GoodsMart and Halan, and Disrupt Africa reported last year it had [...] Read more ›
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Venture capital plays a “catalytic role” in innovation and fills a pivotal gap within the global financial and business landscape, yet VCs have to make sure they get the balance correct when it comes to whether they are helping their portfolio companies or simply interfering once an investment has been made. That is according to [...] Read more ›
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Kenya’s Elloe, a conversational e-commerce startup, has raised US$1 million in pre-seed capital as it bids to expand across emerging markets. Founded by Owen Sakawa, Elloe is a first-of-its-kind AI-powered, conversational commerce platform which allows SMEs to buy and sell products online across any messaging platform. The US$1 million pre-seed funding round is led by [...] Read more ›
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UCT GSB Solution Space and ayoba have opened applications for the latest edition of the e-Track programme, aimed at supporting startups from across the continent. Run by UCT GSB Solution Space – a specialised centre of the University of Cape Town Graduate School of Business focused on high-impact early startups, corporate innovation, and entrepreneurship development [...] Read more ›
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Ghanaian fintech startup PAL has developed a proprietary payment processing platform that helps financial institutions, banks, global brands and remittance businesses disburse money to different mobile network wallets, in multiple currencies, instantly. Founded in January 2020 by Dady Maël and Kader Saka, PAL creates its own payment infrastructure for cash-in and cash-out to mobile wallet, [...] Read more ›
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Egyptian ed-tech startup Sprints has raised a US$1.2 million seed funding round to help it scale its platform across the Middle East and Africa. Co-founded in 2019 by Ayman Bazaraa and Bassam Sharkawy, Sprints is an end-to-end solution designed to bridge the tech talent gap – assessing talent pools, delivering a customised learning journey, and [...] Read more ›
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Three Nigerian startups have been selected for the Techstars NYC accelerator programme, receiving US$20,000 in equity funding and access to other support services. The Techstars NYC Accelerator received applications from over 48 countries, and ultimately selected a group of global founders that hail from Nigeria, Israel, France, Cameroon, Canada and cities in the US including [...] Read more ›
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Many startups or early-stage small businesses think that all they need to become the next billion dollar unicorn is to have an idea, and then sell it to one big corporate, writes Ryan Cohen, co-founder at South Africa-based alternative lender Merchant Capital. The truth is somewhat more sobering. Most startups don’t make it past their [...] Read more ›
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Microsoft in partnership with Pangea Trust with the support of Seed Builders are pleased to announce a new startup accelerator program designed to foster a culture of innovation among African startups. The Acceleration program will work to enable and empower Agri-food tech Entrepreneurs with the skills and resources needed to build successful and thriving agri-food [...] Read more ›
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Nigerian startup Simpu, a B2B SaaS platform helping brands deliver better customer engagement experiences through an omnichannel solution, has raised a US$1 million pre-seed funding round to help it expand. Founded in 2020, Simpu makes communication and engagement software for businesses. Its flagship product is a lego-flexible omnichannel inbox for teams, which unifies communication channels [...] Read more ›
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Nigerian fintech startup Kippa, which offers digital business and financial management solutions for SMEs in Africa, has launched its second product Kippa Payments, a digital payments solution enabling users to send and receive payments from customers and perform extended payments transactions automatically. Launched in June 2021 by brothers Kennedy Ekezie and Duke Ekezie together with [...] Read more ›
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Egyptian startup Pylon, an infrastructure management platform aimed at transforming electricity and water companies in emerging markets, has raised a US$19 million seed funding round to accelerate its expansion, including into new markets. Founded in 2017, Pylon is a smart infrastructure management platform providing a subscription-based “Smart Metering as a Service” (SMaaS) for electricity and [...] Read more ›
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Moroccan retail-tech startup WafR, which helps retail brands to deliver promotions to grocers, has raised US$278,000 in funding at a US$7.5 million valuation as it aims to increase the number of grocers on its platform to 50,000 to better support FMCG brands. Founded in 2021, WafR is an app that enables retail brands to broadcast [...] Read more ›
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Feed the Future, the US government’s global hunger and food security initiative, has opened applications for the EatSafe Innovation Challenge, which calls on innovators to share their ideas on how existing food safety innovations can be adapted and applied in traditional markets in Nigeria and Ethiopia. Feed the Future’s EatSafe programme, run in partnership with [...] Read more ›
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South African startup TallOrder, a developer of advanced cloud-based point of sale (POS) solutions for the small and medium-sized enterprise (SME) market, is working on expansion to Europe and the United States (US) after banking US$3.1 million in funding in January. Launched in 2014, the TallOrder POS platform, which can be deployed on suitable Windows, [...] Read more ›
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Most popular sources
Tech Wire Asia
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29% 20 |
Business Insider
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23% 11 |
Eurogamer.net
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6% 4 |
The Verge
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5% 1 |
Android Authority
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5% 1 |
| View sources » | |
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30.11.2024 05:45
Last update: 05:44 EDT.
News rating updated: 12:43.
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