Early-stage investor Antler has closed its oversubscribed East Africa investment fund at US$13.5 million to continue to support early-stage tech startups in the region. Antler is the world’s most-active early-stage investor, supporting hundreds of technology startups and thousands of entrepreneurs across six continents. To date, the company has invested in more than 400 companies in [...] Read more ›
2
Westerwelle Foundation and Obuntu Hub have partnered to build the largest startup hub in Arusha, Tanzania, with the ambitious goal of uplifting Tanzanian entrepreneurship and the economy as a whole. Westerwelle Foundation is a German non-profit organisation with a mission to support empowered entrepreneurship in emerging markets, which already has hubs in Kigali and Tunis, [...] Read more ›
6
Smart addressing startup OkHi has secured a US$1.5 million seed extension, bringing the total of its seed funding to US$3 million, to support the rollout of its address verification technology in Nigeria, with the goal of increasing efficiency across key sectors of the economy. Founded in Kenya in 2014, OkHi provides digital address verification to [...] Read more ›
11
Egyptian trucking logistics startup Naqla has raised a US$10.5 million pre-Series A funding round to allow it to further expand in 2022. Founded by Sherif Taher and Samer Sallam in 2017, Naqla is an app-based trucking technology marketplace connecting truck owners with cargo companies. The startup’s goal is to modernise and expand Egypt’s supply chain [...] Read more ›
3
Applications have opened for the fourth and final edition of the European Union (EU)-funded Uganda Green Enterprise Finance Accelerator (UGEFA), which provides sustainable Ugandan enterprises with support to scale and contribute to a green and inclusive economy. Funded fully by the European Union Delegation to Uganda, UGEFA is implemented by adelphi Research gGmbH, a leading global independent [...] Read more ›
50
Ghanaian startup Tendo, which enables anyone to sell online with zero upfront inventory, has launched in Nigeria after securing the backing of heavyweights such as Catalyst Fund, Google and Y Combinator. Launched last year, Tendo has developed a mobile app that connects dropshippers to local wholesalers. Sellers on the platform are able to source products [...] Read more ›
8
Microsoft, under the remit of its recently established Africa Transformation Office (ATO), has announced a host of new initiatives to accelerate the growth of 10,000 African startups and fast-track investment in Africa’s startup ecosystem over the next five years. Microsoft’s recently launched global Founders Hub will now be available to African startups through the ATO. [...] Read more ›
41
The US International Development Finance Corporation (DFC) and US African Development Foundation (USADF) have launched the African Small Business Catalyst (ASBC), a business accelerator for early growth-stage small- and medium-sized enterprises (SMEs) in Sub-Saharan Africa. The ASBC seeks to support SMEs in four countries – Ivory Coast, Nigeria, Senegal and Uganda – focused in key [...] Read more ›
41
Egyptian B2B marketplace Mowarrid has been acquired by Saudi B2B e-commerce Sary as the latter expands its footprint across the MENA region. Founded by Ahmed Essam in 2018, Mowarrid is focused on the B2B food and grocery markets, and allows more than 10,000 retailers to digitally procure all their needs across a variety of more [...] Read more ›
5
Uganda’s Rocket Health, a telemedicine and last-mile healthcare provider, has closed a US$5 million Series A funding round to accelerate its technology roadmap and geographical expansion to the different regions of Uganda and into Kenya. Founded in 2012, Rocket Health is the number one telemedicine player in Uganda, offering an end-to-end healthcare experience to over [...] Read more ›
6
South African startup Vula Mobile, a medical referral app and online platform which hosts a network of health professionals, has partnered leading medicines firm Novartis to improve eye care services in Sub-Saharan Africa. Through the Vula Mobile digital platform, primary health care workers can get connected with specialists to enable faster assessment of eye conditions [...] Read more ›
14
Codecademy, a leading online learning platform for technical skills, is partnering with advocacy group Black and Brilliant to launch an applied artificial intelligence accelerator and mentorship programme in Africa. After launching their first accelerator together in 2021, the organisations are teaming up again to bring the program to Africa and empower a new generation of [...] Read more ›
8
South African startup Wamly is changing the recruitment processes of companies by providing them with one-way video interview software that does away with the need for one-on-one interviews, allowing them to interview more people and better candidates, faster. Founded in 2018 by Francois de Wet, Wamly allows companies to recruit candidates by sending out a [...] Read more ›
29
Egyptian legal ed-tech startup Kouncel has raised a US$1.2 million pre-seed funding round to help it scale. Founded this year by Ibrahim Saleh, Kouncel is an online video education platform for lawyers, offering courses on topics like arbitration, legal drafting and intellectual property based on different jurisdictions. The funding round, which will be used to [...] Read more ›
35
Nigerian auto-tech startup Remoto has launched operations, connecting individuals and fleet owners with certified service workshops via its online platform. Formed last year, Remoto has three products from which its clients can choose – car repair insurance, an annual maintenance contract, and on-demand repairs. “The cost of accessing premium vehicle maintenance services in a standard [...] Read more ›
3
Egyptian startup Homzmart, the Middle East’s leading furniture and home goods marketplace platform, has announced the acquisition of Berlin-based technology company MockUp Studio as it bids to add to its product offering. Hard-launched in early 2020 by Mahmoud Ibrahim and Ibrahim Mohamed, Homzmart is a digital platform connecting home goods and furniture manufacturers and brands [...] Read more ›
3
Egyptian prop-tech startup Circle has been acquired by community management startup Milango in a move that will see the latter add more than 100,000 residential units to its client base. Founded by Nancy Kamal and Essam Maged in 2020, and backed by 500 Global, Circle enables real estate developers as well as property owners to [...] Read more ›
3
Ten African fintech startups last week pitched their products and solutions to a room packed with investors at the Stitch Startup Showcase in Cape Town. Disrupt Africa reported in January South African API fintech startup Stitch would host a “startup showcase” to provide an opportunity for early-stage fintechs from across the continent to share their [...] Read more ›
11
African tech startups raised more than US$1 billion in the first two months of 2022, more than half the amount raised in the entirety of 2021. Investment into the African tech startup ecosystem trebled over the course of a record-breaking 2021 that saw total funding pass the US$2 billion – and indeed the US$1 billion [...] Read more ›
12
Nigerian mobile payments and financial services company Paga has partnered with the Bank of Abyssinia and received regulatory approval from the National Bank of Ethiopia to launch its online payment gateway in Ethiopia. Founded in 2009, Paga provides Nigerians with safe and convenient ways of making payments, allowing money to be sent to any phone [...] Read more ›
21
Most popular sources
Business Insider
|
26% 4 |
Gizmodo
|
22% 12 |
Tom's Hardware
|
15% 2 |
TechRadar
|
13% 11 |
Eurogamer.net
|
5% 1 |
| View sources » | |
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21.12.2025 23:16
Last update: 23:10 EDT.
News rating updated: 06:10.
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