Egyptian startup Milezmore, which provides cloud fulfillment, last mile delivery, and customisable operations solutions, has raised US$5 million in pre-seed funding from social commerce platform Brimore. Founded a year ago, Milezmore aims to enable merchants to capture high growth potential by providing supercharged cloud logistics solutions. It provides a full spectrum of reliable, scalable, and [...] Read more ›
5
DFS Lab and the Stellar Development Foundation (SDF) have opened applications for the second Blockchain Bootcamp for African startups, offering prizes up to US$20,000 worth of XLM for the most promising solutions. Designed to give early to mid-stage startups in Africa an opportunity to build on Stellar, an open-source blockchain network for financial services and [...] Read more ›
0
Nigerian blockchain-based Wi-Fi sharing startup Wicrypt plans to be active in five African countries over the course of this year after securing funding late last year. Founded in 2018, Wicrypt is a decentralised mobile internet sharing and monetisation network that allows anyone to get paid for sharing their Wi-Fi. Users download the Wicrypt app and [...] Read more ›
39
South African cryptocurrency exchange VALR has raised a US$50 million Series B funding round that values the company at US$240 million, and will use the proceeds to expand across the continent. Launched in 2019, VALR is a digital asset platform that allows customers to buy, sell, store and transfer Bitcoin and 60 other cryptocurrencies – [...] Read more ›
0
It wasn’t so many years ago that there was a significant shortage of any kind of investor at all within the African tech space, a situation that has been righted since. The biggest VC firms in the world are now active, the local VC ecosystem is growing quickly, and, perhaps most importantly of all, successful [...] Read more ›
0
Egyptian startup FreshSource, which says it is reinventing the agricultural supply chain, has closed a seven-figure US dollar seed funding round as it bids to become the largest fresh food distributor in the MENA region. Launched in 2019 by siblings Farah and Omar Emara, FreshSource is a B2B agri-supply chain platform that leverages technology to [...] Read more ›
26
Forbes has announced its first-ever Under 30 Summit Africa will be held in Botswana on April 24-29, bringing together 600 participants for mentorship, networking and important conversations centred around sustainability, innovations and entrepreneurship. Hosted in partnership with the Botswana President’s Initiative, the six-day event will convene Botswana business leaders, government officials, venture capital and business [...] Read more ›
2
It wasn’t so many years ago that there was a significant shortage of any kind of investor at all within the African tech space, a situation that has been righted since. The biggest VC firms in the world are now active, the local VC ecosystem is growing quickly, and, perhaps most importantly of all, successful [...] Read more ›
3
Kenyan startup Cartnshop, which enables African SMES to set up online stores quickly and affordably, has raised US$400,000 in funding as it prepares to commercialise next month. Founded in 2018, Cartnshop is an end-to-end e-store enabler engine that allows any retail or enterprise business to attract new customers. The startup has B2B and B2C channels, [...] Read more ›
7
International clean-tech startup incubator The Hatchery, which launched its new Africa office in Cape Town late last year, has announced a strategic ZAR5 million (US$330,000) partnership with Valinor, a Norwegian clean-tech investment company with a focus on sustainable solutions that promote economic growth. Disrupt Africa reported in November on the launch of The Hatchery, an [...] Read more ›
0
Ghanaian logistics startup Boxconn has already launched operations in Nigeria and Botswana, and plans further expansion having already facilitated thousands of deliveries. Founded in January 2021 after the team formed during the MEST Africa programme in Accra, Boxconn is a logistics software platform that allows businesses and individuals to deliver on-demand. It offers a white-label [...] Read more ›
13
OneOrder, a new logistics company solving Egyptian restaurants’ supply chain inefficiencies, has announced its launch and the successful completion of a US$1 million fundraise. Founded by leading Egyptian restaurateur Tamer Amer – the founder of Fuego Sushi and Longhorn Texas BBQ, two of Egypt’s most successful restaurant chains – OneOrder aims to tackle Egypt’s restaurant [...] Read more ›
3
The Stanford Africa Business Forum has opened applications for the New Venture Pitch Competition, which offers early-stage ventures the chance to pitch on stage at the event in April. The Stanford Africa Business Forum, which takes place in-person and virtually on April 16, will explore how innovations across various sectors in Africa can influence the [...] Read more ›
0
Five more African startups have been confirmed as participants in the W22 batch of the renowned Silicon Valley-based Y Combinator accelerator, taking the total to 15 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 ›
12
South African fintech startup Lipa Payments, which is bringing the “tap to pay” experience to informal sectors with its software solution that enables merchants to accept contactless payments directly from a mobile phone, has raised ZAR10 million (US$660,000) in funding to help it scale. Founded in 2019 by Thando Hlongwane and Roger Bukuru, Lipa Payments [...] Read more ›
16
Cape Town-based fintech startup PayJustNow has sold a controlling stake of its business to Weaver Fintech as it targets ongoing growth in the buy now, pay later (BNPL) space. Launched in August 2019, PayJustNow is the largest business of its kind in Southern Africa, with more than 180,000 customers signed up and over 1,000 retailers [...] Read more ›
0
South African meal kit delivery startup UCOOK has been fully acquired by Silvertree Holdings in a deal worth ZAR187 million (US$12.3 million). Founded six years ago and now a market leader, UCOOK is a dinner kit delivery service providing sustainable and ethically sourced ingredients straight to a user’s doorstep. Having previously received investment from Silvertree [...] Read more ›
15
Nigerian B2B e-commerce and embedded finance startup TradeDepot has announced the acquisition of Green Lion, the biggest and fastest growing B2B e-commerce platform in Ghana, to accelerate the delivery of its services across the country. Founded in 2016, TradeDepot connects consumer goods brands in Africa directly to a target market of several million retail outlets [...] Read more ›
18
South African fintech startup Floatpays, an on-demand earned wage access platform that helps customers build financial wellness, has secured ZAR15 million (US$1 million) in funding from Naspers Foundry, topping up the US$4 million round it announced last month. Founded in 2019 and a participant in the S21 cohort of the Silicon Valley-based Y Combinator accelerator, [...] Read more ›
2
Four African startups are among the six selected by Catalyst Fund for the 10th cohort of its accelerator for fintech companies building solutions designed to improve the resilience of underserved and climate vulnerable communities in emerging markets. Catalyst Fund, managed by BFA Global, is supported by the UK Foreign, Commonwealth and Development Office (FCDO), JPMorgan [...] Read more ›
26
Most popular sources
Business Insider
|
28% 6 |
Gizmodo
|
22% 12 |
Tom's Hardware
|
15% 2 |
TechRadar
|
7% 5 |
Eurogamer.net
|
6% 2 |
| View sources » | |
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22.12.2025 01:15
Last update: 01:10 EDT.
News rating updated: 08:11.
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