Algerian on-demand transport platform Yassir has raised a US$30 million Series A funding round to allow it to grow in existing markets and expand into new ones. Founded in 2017 as an on-demand ride-hailing platform, Yassir now also offers last mile delivery services and works with more than 40,000 partners across Algeria, Morocco and Tunisia. [...] Read more ›
15
Egyptian fintech startup Hollydesk has closed a US$325,000 pre-seed funding round to support its expansion plans into other countries in the region. Founded in June 2021 by Mahmoud Moussa, Hollydesk allows SMEs to monitor and control their daily expenses, as well as pay their employees, through its mobile app. The startup has acquired more than [...] Read more ›
11
United States (US)-based venture capital firm SOSV has named three African startups – Egypt’s DXwand, Kenya’s MarketForce and Nigeria’s PricePally – among the 10 companies selected to receive approximately US$150,000 in seed funding as part of its cross-border programme. SOSV provides multi-stage investment to develop and scale big ideas for positive change, investing in 150 [...] Read more ›
5
Nigerian startup MediSpark describes itself as “Truepill for Africa”, with the company busy building an ecosystem of APIs and SaaS tools to synchronise data across Africa’s fragmented healthcare systems. MediSpark is the brainchild of Ugo Nwokoro and Gbenga Oyeniyi, who have known and worked together since 2016. Nwokoro and his family have been in the [...] Read more ›
3
Nigerian fintech startup OnePipe has raised a US$3.5 million seed funding round as it looks to double down on its embedded finance strategy. Launched in August 2019, OnePipe aggregates APIs from banks and fintechs into a standardised gateway that is easy to integrate and makes partnerships seamless. In the 10 months since OnePipe started partnering [...] Read more ›
14
Applications are open for African Tech Vision, an entrepreneurship and mentorship programme to support the growth of female-founded startups. The six-week African Tech Vision programme kicks off in January, and is run by an experienced volunteer team from all over the world. The programme was designed to be truly founder-centric, with the growth of the [...] Read more ›
20
B2B marketplace Sabi has announced the close of a US$6 million bridge round to support its continued fast-paced growth in Nigeria and beyond. Formed last year after spinning out of energy startup Rensource, Sabi is optimising Africa’s informal trade sector by bringing merchants and resellers into its network with curated business tools and services that [...] Read more ›
32
South African fintech startup mojaPay has launched a new app that aims to change the way people send, receive and save money. Formerly known as digiToken, launched last year to help users buy things like electricity and airtime online, mojaPay has rebranded and upgraded to offer seamless transactions and payments for unbanked businesses and underbanked [...] Read more ›
0
Startupbootcamp AfriTech and Telecel Group have opened applications for the second edition of the Africa Startup Initiative Programme (ASIP), which offers selected companies access to funding and support. Startupbootcamp AfriTech was launched in 2017 as the first multi corporate-backed pan-African startup accelerator. Disrupt Africa reported in March it had partnered telecoms firm Telecel Group to [...] Read more ›
11
Kenyan fintech startup Asilimia, which is building the digital infrastructure to connect African MSMEs to the formal financial economy, has secured US$2 million to grow its team, deliver new services, and expand into new markets in East Africa. Founded in 2017, Asilimia is working to bridge the US$500 billion financing gap for growing enterprises, which [...] Read more ›
32
MNT-Halan, Egypt’s leading fintech ecosystem, has announced the successful rollout of Neuron, the proprietary core banking software it developed and launched earlier this year. Having begun life as a ride-hailing app for two- and three-wheeler vehicles back in 2018, MNT-Halan has morphed into a super app of sorts, and in the process become Egypt’s largest [...] Read more ›
6
Tunisian fintech startup Kaoun has added new features to its payments app Flouci, a move that came about after it took part in a regulatory sandbox held by the Central Bank of Tunisia. Formed in January 2018 when co-founders Nebras Jemel, Anis Kallel, and Rostom Bouazizi put their studies in the United States – at [...] Read more ›
12
Nigerian cryptocurrency exchange Busha has raised a US$4.2 million seed funding round to scale across Africa. Founded in 2019, Busha allows users to buy, sell, and manage their cryptocurrency portfolios from its easy to use mobile app. The startup has been scaling across Nigeria, and has now raised a US$4.2 million seed round to deepen [...] Read more ›
38
Nigerian startup Omnibiz, a B2B e-commerce platform that connects manufacturers and distributors of fast-moving consumer goods (FMCG) to retailers, has launched a buy now, pay later product alongside a new book-keeping application. Founded in June 2019 by Deepankar Rustagi, Omnibiz allows retailers to place orders at their convenience and have goods delivered to their doorstep [...] Read more ›
33
Kenyan startups have been invited to apply for grants of up to EUR100,000 (US$113,000) from the second cohort of the develoPPP Ventures programme. The develoPPP Ventures programme was launched earlier this year on behalf of the German Federal Ministry of Economic Cooperation and Development and is implemented by DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH. [...] Read more ›
2
From construction, to food delivery, and finally to VC, Dayo Koleowo’s journey has not been a classical one, but he believes the lessons he has learned over his career are standing him in good stead as he backs innovative African tech startups with early-stage VC firm Microtraction. Having studied Quantity Surveying at university, Koleowo went [...] Read more ›
2
Nigerian shared mobility startup Treepz has closed out its seed round at US$2.8 million and expanded to Uganda with the acquisition of bus company Ugabus. Founded in 2019 and known as Plentywaka until its September rebrand, Treepz operates a digital platform allowing passengers to book daily rides along fixed routes. It also serves as an [...] Read more ›
24
Nigerian startup Mecho Autotech has secured an undisclosed amount of funding from VC firm Ingressive Capital as it bids to improve the quality and reliability of auto care services. Formed in 2019 and launched in April of this year, Mecho is a car technician matching platform that helps car owners maintain and repair vehicles with [...] Read more ›
45
Three Egyptian startups are among the 12 companies from across the MENA region selected to join the Techstars Riyadh accelerator, which provides US$120,000 in funding and other scaling support. Run in partnership with Saudi Arabia’s Ministry of Communications and IT (MCIT) and Raed Ventures, Techstars Riyadh invests US$120,000 in each selected company and provides hands-on [...] Read more ›
5
Home and business security startup Olarm is providing users with convenient control of their alarm systems via its app. The Olarm app allows users to remotely view any activity and control their alarm system from their smartphone, as with your traditional key panel, but it also offers more features, including your alarm status such as [...] Read more ›
9
Most popular sources
Business Insider
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32% 6 |
TechRadar
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8% 7 |
Android Authority
|
8% 6 |
Tom's Hardware
|
8% 4 |
Slashdot
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6% 1 |
| View sources » | |
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22.12.2025 11:56
Last update: 11:50 EDT.
News rating updated: 18:51.
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