Egyptian prop-tech startup Partment, which providers diverse second home co-ownership opportunities, has expanded to Greece following a five-fold increase in market size within a year in Egypt. Founded in 2022, Partment offers a hassle-free solution for second home co-ownership. Through a digital platform and smart booking system, the startup enables users to co-own second homes [...] Read more ›
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Tanzanian startup LyfPlus is offering affordable and convenient telemedicine services through its proprietary platform, working with specialist doctors and health facilities. And the whole idea comes from the personal experiences of founder William Mduma. “After my mother had suffered permanent disability as a result of late medical intervention as well as other horrific experiences, we [...] Read more ›
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Nigerian last-mile delivery startup Fez Delivery has launched its UK-Nigeria shipping service, which comes as part of its strategy to refine its operations and enhance its delivery services in the UK market. Founded in 2018, Fez Delivery has built a last-mile delivery platform that bridges the gap between businesses and markets. The launch of its [...] Read more ›
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African tech ventures can now apply to pitch at the Africa Tech Summit (ATS) Investment Showcase, taking place in Nairobi on February 14-15. Africa Tech Summit Nairobi is a leading African tech event providing insight and networking with the African tech ecosystem, bringing together tech leaders, MNOs, banks, international investors, entrepreneurs, governments, trade bodies, media [...] Read more ›
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Not enough African startup founders understand properly how venture capital works, but investors also need to ensure they can empathise with founders if meaningful relationships are to be established. In episode nine of Disrupt Africa’s “The month in VC” podcast series, released in partnership with Katapult Africa, Hlayisani Capital, ARM Labs Lagos Techstars Accelerator, and [...] Read more ›
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South African payments infrastructure company Stitch has announced the launch of a new payment method, “Pay with crypto”, which enables businesses to allow a growing set of customers that wish to buy goods and services using crypto to do so directly, and get settled in ZAR. Founded in February 2021, Stitch is a payments infrastructure [...] Read more ›
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African social entrepreneurs are invited to apply for the FINCA Ventures Prize, which will award grants of up to US$70,000 to solutions addressing global poverty. The non-profit microfinance organisation FINCA International has been tackling poverty for more than 40 years, and FINCA Ventures is its impact investing arm, which supports early-stage companies operating within agriculture, [...] Read more ›
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South African fleet management startup GoMetro has announced the successful completion of a GBP9 million (US$11.5 million) Series A funding round to help it digitise heavy duty commercial transport operations and further develop its platform in its key markets. Founded in 2014 by Justin Coetzee, GoMetro is a B2B SaaS fleet management company that is [...] Read more ›
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EchoVC, a seed and early-stage technology venture capital firm focused on investing in underrepresented founders and underserved markets, has introduced its latest pre-seed fund vehicle, EchoVC Eco Pilot Fund I, which will make investments in climate and energy ventures. With a mission to be the Sequoia Capital for underestimated founders and markets, EchoVC invests from [...] Read more ›
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Seven South African startups, and one from Lesotho, have been selected for the latest edition of Grindstone Africa, a globally-recognised accelerator engineering high-growth entrepreneurship. Grindstone, founded in 2013 and co-owned by Knife Capital and Thinkroom Limited, is renowned for assisting high-growth, innovation-driven companies to scale their businesses. The 2023 programme, sponsored by Absa, represents the [...] Read more ›
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Saviu Ventures, a leading venture capital firm in Francophone Africa, has reached the first close of its second fund Saviu II, backed by private investors and family offices, to continue investing in the region’s most promising startups. Founded in 2018 and led by Benoit Delestre, Samuel Touboul and Cynthia Mandjek, Saviu Ventures was one of [...] Read more ›
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As the year draws to a close, the upcoming bull run is on every crypto enthusiast’s mind. With the approval of spot Bitcoin ETFs on the horizon and the upcoming Bitcoin halving in May 2024, the market is slowly turning bullish once again. Overall, this year has been very positive for the cryptocurrency market, with [...] Read more ›
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Authors: Joy Kwamboka & Daniel Kitheka During the 1990s, Africa faced considerable economic challenges that had a detrimental impact on the health status of its population. Unlike regions such as Asia and Latin America, which experienced robust growth with per capita income increasing by 2-3 per cent, Africa struggled to achieve an annual growth rate [...] Read more ›
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Tanzanian fintech startup NALA has received a license from the National Bank of Rwanda, unlocking a host of new payment capabilities including direct integration with banks and mobile money operators, disbursements such as for bill or school fees, and payment collections. NALA is an African payments company and money transfer app that enables users to [...] Read more ›
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Serengeti Business Angels Network (SBAN), Ennovate Ventures, and UNCDF Tanzania have launched the Tanzania Business Angel Investors Accelerator (TAA) training programme, aimed at bolstering tech investment and startup growth in Tanzania. SBAN is an investment platform that promotes angel investing in Tanzania, providing angel investors with access to deal flow, educational resources, and networking opportunities, [...] Read more ›
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Nigerian startup Betapawa has developed an innovative solar-powered banking solution to address issues around financial inclusion in off-grid communities. Founded in 2022, Betapawa specialises in deploying solar-powered banking hubs to provide financial inclusion, sustainable energy solutions, and connectivity, and empower underserved communities. Its solution that integrates renewable energy, customises services for local needs, and brings [...] Read more ›
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Tunisian retail-tech startup Winshot has secured a six-figure round of funding to enhance operational efficiency and elevate the overall customer experience for brands, retail chains and franchise leaders. Winshot aims to tackle the intricate challenges of retail distribution networks by focusing on two pivotal elements – fostering stronger connections, deeper involvement, and heightened engagement among [...] Read more ›
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Egyptian life sciences and biotech startup Nawah Scientific has received a US-FDA accreditation for food analysis, making it the first African entity to receive such accreditation. Founded in 2015, Nawah Scientific is an online platform that receives experiment requests, collects samples, conducts tests and returns results digitally. Its aim is to enable scientists to conduct [...] Read more ›
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A Startup Support and Engagement Portal has been launched in Nigeria, which is a key requirement for the implementation of the Nigeria Startup Act. Initiated in May 2021 by the Nigerian presidency and a coalition of Nigerian technology industry leaders, the aim of the Nigeria Startup Act is to lay out rules and systems for [...] Read more ›
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Cameroonian e-health startup Waspito has raised US$2.5 million in funding, extending its seed round to US$5.2 million in order to expand in existing markets and launch in new ones. Founded by Jean Lobe Lobe in 2020, Waspito connects users with medical doctors via instant video consultations from their smartphones. It also provides mobile laboratory services, [...] Read more ›
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Most popular sources
Business Insider
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19% 13 |
The Verge
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12% 6 |
Tech Wire Asia
|
8% 2 |
Gizmodo
|
8% 3 |
Tom's Hardware
|
8% 5 |
| View sources » | |
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27.11.2024 07:58
Last update: 07:51 EDT.
News rating updated: 14:50.
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