The LHoFT Foundation has selected 10 African fintech startups to take part in CATAPULT: Inclusion Africa: Special Edition in Dubai, which looks to support companies focused on financial inclusion. Developed by the LHoFT Foundation, CATAPULT: Inclusion Africa seeks to create real impact in relation to financial inclusion, by providing participant firms with education and insight [...] Read more ›
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Kenyan fintech startup Cashlet is helping millennials achieve their financial goals through a micro-saving and investments platform that allows users to start with as little as KES500 (US$5). Founded in April 2019, Cashlet has developed an app that gives users the ability to control how much they save, and where to invest and grow their [...] Read more ›
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Nigerian startup CodeLn, an online tech talent marketplace, has launched Insight, a smart applicant tracking system that helps startups manage job applicants and monitor their job vacancies, for free. CodeLn is an end-to-end technical recruitment platform, helping companies easily recruit software developers by automating the entire process. It claims to reduce technical recruitment time by [...] Read more ›
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South African tech startups have an opportunity to gain international exposure and access to global markets following the launch of the Irish Tech Challenge South Africa. A collaboration between the Embassy of Ireland in South Africa, the Department of Science and Innovation (DSI), the Technology Innovation Agency (TIA), and Impact Amplifier, the Irish Tech Challenge [...] Read more ›
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Eight further African startups have been confirmed as participants in the W22 batch of the renowned Silicon Valley-based Y Combinator accelerator, taking the total to 23 so far. The W22 batch of the Y Combinator programme, which played a role in the early days of companies like Airbnb, Coinbase and Dropbox among others, is currently [...] Read more ›
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SINGAPORE, 21 March 2022 — Amber Group, a leading global digital asset platform, is proud to announce the appointment of Ehsan Haque as its General Counsel for the Europe, Middle East and Africa region (EMEA). Amber Group’s latest appointment comes amid the company’s global expansion plans and its ambitious licensing and regulatory roadmap. The company, [...] Read more ›
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Nigerian agri-tech startup ThriveAgric has raised US$56.4 million in debt funding from local commercial banks and institutional investors to grow its 200,000-strong farmer base and expand into new African markets, including Ghana, Zambia and Kenya. Founded in 2017 and fully operational since 2018, ThriveAgric empowers farmers in Nigeria to sell their products to FMCGs and [...] Read more ›
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Egyptian fitness app Welnes has closed a US$300,000 seed funding round to expand its team and prepare for GCC expansion by 2023. Launched in 2020 by Amr Saleh and Amr Diab, Welnes is a community app that helps users reach their weight-loss and lifestyle goals by providing them with customised nutrition and workout plans. The [...] Read more ›
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The Hague Institute for Innovation of Law (HiiL) has opened applications for its Innovating Justice Challenge 2022, seeking innovations with a focus on preventing or resolving a justice problem for many people, including small and medium sized businesses. HiiL is seeking justice innovators from across Africa and the Middle East, specifically in Ethiopia, Jordan, Kenya, [...] Read more ›
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Egyptian startup Lucky, a super app for credit products, offers and cashback rewards, has raised a US$25 million Series A funding round to build out its credit capabilities, expand its market share, and drive further overseas growth. Founded in 2018 by Momtaz Moussa and Ayman Essawy, Lucky offers users access to a growing range of [...] Read more ›
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Nigerian startup Simplifyd, which wants to become the platform of choice for data-free access to the internet across Africa, has raised US$500,000 in pre-seed funding and announced the launch of ZeroData, its toll-free internet application platform. Founded by Tomi Amao, Mayowa Amao, Sam Keiru and Abiola Fajimi in 2020, Simplifyd aims to solve the challenges [...] Read more ›
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The Tony Elumelu Foundation (TEF) and Google have announced an inaugural Google.org Fellowship to provide one million additional Africans with access to the TEFConnect platform, which offers entrepreneurs access to tailored tools, market partnerships, coaches and investors. The announcement was made during an event held at the TEF headquarters in Lagos, Nigeria, which was attended [...] Read more ›
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The Norway-based Katapult has partnered with the Tony Blair Institute (TBI) for Global Change, Norrsken and Smart Africa to launch the Katapult Africa Accelerator Programme, which will look to accelerate and invest in agri-tech and climate-tech startups. The Norway-based Katapult Accelerator has invested in a host of African startups, and also launched spin-offs such as [...] Read more ›
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Egypt’s largest national banks – Banque Misr, National Bank of Egypt, and Banque du Caire – have partnered Global Ventures, a leading MEA-focused venture capital firm, to launch fintech-focused investment fund Nclude, following approval by the Central Bank of Egypt. The fund is an implementation of the country’s strategic vision to support young innovators, with [...] Read more ›
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The Owlet is a digital market that provides a safer, easier, and more convenient way to shop on the continent. Most great ideas are born out of the need to solve niggling problems. Many big businesses started by providing solutions to problems. A 27-year-old Sara Blakely was preparing for a party in 1998 when she [...] Read more ›
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Senegalese logistics startup Chargel has raised a US$750,000 pre-seed funding round to help it make the trucking industry in Senegal and Francophone West Africa more efficient, reliable and transparent. Co-founded by Moustapha and Alioune Ndoye, Chargel brings the offline operations of trucking online by matching shippers to the right transporters at the right price, as [...] Read more ›
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South Africa’s Womvest, a network of women in the investment ecosystem creating shared value for one another through collaboration and mentorship, has launched Womvest Ventures, an investment vehicle that seeks to provide purpose-driven and flexible finance for women-owned and led businesses. Founded last year, Womvest aims to enable and support the participation of women in [...] Read more ›
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Egyptian deep technology healthcare startup DilenyTech, which is developing innovative artificial intelligence (AI) solutions for screening and diagnostic radiology workflow, has been acquired by US firm Astute Imaging LLC. Founded in 2018, DilenyTech aims to revolutionise breast cancer screening and diagnostic workflow by providing innovative AI-based assistance for more accurate detection and expedited reporting. The [...] Read more ›
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Global cryptocurrency company Luno has launched investment arm Luno Expeditions, which will back early-stage fintech and crypto entrepreneurs and plans to make between 200 and 300 investments per year. Luno makes it safe and easy to buy, store and learn about cryptocurrencies, operates across 43 countries in Africa, Southeast Asia, the United States (US) and [...] Read more ›
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South African petroleum company Engen has opened applications for its Pitch & Polish pitching competition, which will see 16 entrepreneurs compete for a first prize worth ZAR1 million (US$67,000). Now in its 12th year, Pitch & Polish went fully virtual for the first time in 2021, when Cape-Town-based business partners Pieter du Plessis and Viljoen [...] Read more ›
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Business Insider | 46% 20 |
Android Authority | 6% 1 |
Gizmodo | 6% 2 |
Tom's Hardware | 5% 1 |
Engadget | 5% 3 |
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30.11.2024 11:46
Last update: 11:40 EDT.
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