Egypt’s Information Technology Industry Development Agency (ITIDA) has announced the launch of the third edition of the African App Launchpad Cup, aimed at supporting African tech startups in the field of digital applications and game development. ITIDA, the executive arm of the Egyptian Ministry of Communication & Information Technology (MCIT), founded to spearhead the development [...] Read more ›
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Nigerian e-commerce fulfilment startup Sendbox has raised a US$1.8 million seed funding round to open up new markets for small-scale merchants and help build out West Africa’s e-commerce operating system. Launched in 2018, Sendbox is an e-commerce fulfillment platform for merchants in Africa, offering affordable local and international deliveries for small-scale businesses that sell online [...] Read more ›
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Nigerian prop-tech startup Rent Small Small has been accepted to join the latest cohort of the Techstars Toronto accelerator programme, securing US$120,000 in funding and assistance in scaling. Launched in 2018, Rent Small Small is an online platform that allows users to identify homes to rent and pay rent monthly. The startup has so far [...] Read more ›
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Egypt-based life science startup Nawah Scientific has sold a strategic stake to Essam Abdelhadi, the former vice president Middle East, Turkey, Africa and Pakistan (METAP) of Abbott, a US-based healthcare multinational, ahead of its upcoming Series A round. Founded in 2015, Nawah Scientific is an online platform that receives experiment requests, collects samples, conducts tests [...] Read more ›
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Cairo-based startup Talabeyah, which runs a food and grocery B2B e-commerce and distribution platform, has raised US$1.1 million in funding from a group of angel investors to help boost its strong early growth. Founded by Karim Nassef, Amr Abbas, Khaled Hussein and Adel Hodroj in July 2020, Talabeyah provides a tailored simple solution for retailers, [...] Read more ›
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The crypto sector made its way from being an enthusiast-backed way of payment to becoming an industry with US$2 trillion in market capitalisation. However, getting on board the crypto bandwagon is still cumbersome, while the volatility can sometimes inflict massive losses to crypto holders. Fondex.pro is the perfect platform for entering the trading world while [...] Read more ›
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Nigerian startup Sparkle, a mobile-first digital bank that provides financial, lifestyle and business support services to Nigerians across the world, has raised a US$3.1 million seed funding round to help it invest in infrastructure and scale across the diaspora. Launched in mid-2020 by former Diamond Bank chief executive officer (CEO) and tech entrepreneur Uzoma Dozie, [...] Read more ›
0
Nigerian retail-tech startup Alerzo has acquired fintech company Shago Payments as it looks to build on already impressive growth that saw its annualised September transaction volume exceed US$155 million. Founded in 2019, the Ibadan-based Alerzo is an all-in-one technology and services platform that transforms how Nigeria’s informal retail stores operate. Retailers can order stock, have [...] Read more ›
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Nigerian blockchain-based Wi-Fi sharing startup Wicrypt has closed a strategic US$1.5 million funding round to help it expand into new countries. 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 provide Wi-Fi through their mobile device or by [...] Read more ›
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Sudanese classifieds and marketplace platform alsoug has raised US$5 million in Series A funding in a round that includes Egyptian fintech unicorn Fawry. Founded in 2016, alsoug is Sudan’s largest classifieds platform, and the startup has raised a US$5 million Series A funding round in order to build out an associated fintech platform, Cashi. “From [...] Read more ›
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Nigerian startup Eden Life, a home services app for scheduling food, laundry and cleaning services, has raised a US$1.4 million seed funding round to help it build out its service ready to scale. Launched in 2019, Eden Life was developed for busy Lagos professionals who are often time-poor due to long working hours and struggle [...] Read more ›
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South African school management and communication startup d6 has raised an undisclosed funding round from a group of local VC companies, and is now targeting global growth. Founded in 2017, d6 has developed ed-tech solutions consisting of a comprehensive communication and payment facilitation solution between a school, parents and learners, and a fully integrated cloud-based [...] Read more ›
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French President Emmanuel Macron has made a new EUR130 million (US$150 million) commitment to support 500 African startups as part of a rejigged Digital Africa initiative. Launched in 2018 with the mission to equip African tech entrepreneurs with capabilities to design and scale up ground-breaking innovations for the real economy, Digital Africa brings together startups, [...] Read more ›
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South African student housing marketplace DigsConnect has secured a ZAR3 million (US$200,000) grant from the Michael & Susan Dell Foundation to help university students from low-income backgrounds secure safe and affordable accommodation. Launched in 2018, the DigsConnect platform allows landlords, estate agents and property managers to post their property listings, with students then searching and [...] Read more ›
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Global biopharmaceutical company AstraZeneca and the Royal Academy of Engineering (RAEng) have announced a new partnership to establish connections between African healthcare innovators and AstraZeneca’s A.Catalyst Network of more than 20 global health innovation hubs. The joint venture seeks to drive the development of engineering solutions that have the potential to address local challenges with [...] Read more ›
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Tunisian last mile delivery startup Lamma has secured an undisclosed investment from Orange Ventures to fuel its international expansion. Founded last year by Hamza Guesmi and Koussi Aymen, Lamma recently launched its q-commerce – “quick commerce” – app, offering delivery services in under 45 minutes. The startup began life as a carpooling service before it [...] Read more ›
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Sixteen seed and Series A level African tech startups have been named finalists for the 2021 VC4A Venture Showcase, which will see them pitching to potential funders at the Africa Early Stage Investor Summit next month. Since 2017, the VC4A Venture Showcase has helped startup founders showcase their businesses to investors during the Africa Early [...] Read more ›
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Africa-focused venture capital firm TLcom Capital will host the third edition of the Africa Tech Female Founder Summit virtually tomorrow (Wednesday, October 13). Themed “Board and C-Suite Matters – Counsel, Coach and Collaborate”, the third Female Founder Summit will deliver expert insights on how to build and leverage a senior team and board to drive [...] Read more ›
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Nigerian fintech startup Mono, which is building open banking infrastructure that enables access to customer financial data and bank payments for digital businesses in Africa, has announced a US$15 million Series A funding round led by Tiger Global to accelerate its continental expansion plans. Founded in August of last year, Mono helps digital businesses in [...] Read more ›
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Kenyan logistics startup Sendy has completed a strategic equity investment in Ivory Coast-based counterpart Kamtar to boost the former’s expansion plans in West Africa. Launched in 2015, Sendy offers a marketplace for last-mile package delivery and logistics services, allowing customers to send packages and documents using a mobile application that connects them to motorcycle riders, [...] Read more ›
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Most popular sources
Business Insider
|
33% 8 |
Tom's Hardware
|
14% 2 |
Android Authority
|
7% 5 |
TechRadar
|
6% 5 |
Gizmodo
|
6% 20 |
| View sources » | |
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22.12.2025 17:14
Last update: 17:05 EDT.
News rating updated: 00:00.
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