mLab Southern Africa has opened applications for its StartUp Accelerator, offering selected companies access to mentorship, business clinics and grant seed funding. The mLab StartUp Accelerator 2021 is open to startups based in Gauteng, Limpopo and the Northern Cape, and will provide 15 businesses with a range of support mechanisms for a period of six [...] Read more ›
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Nigerian startup Verto, a B2B payments platform that provides a fast, simple, and reliable way for small and medium-sized enterprises (SMEs) to make payments to their suppliers in over 200 countries across 39 currencies, has raised a US$10 million Series A round to boost its geographical expansion. Launched in 2018 by co-founders Ola Oyetayo and [...] Read more ›
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South African startup Sun Exchange, a peer-to-peer solar leasing platform, has raised a further US$2.5 million in funding by way of a convertible note investment from an existing investor to help it scale more quickly. Launched in 2015, Sun Exchange enables anyone, anywhere in the world, to buy remotely-located solar cells that power schools, businesses [...] Read more ›
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Nigerian ed-tech startup Edves has raised a US$575,000 seed funding round to help it improve its product and bring more schools online. Formed in 2016, Edves is an academic portal that automates operations in schools and colleges from admission to transcript generation. The platform reduces teacher and administrator workload and gives them opportunities to mark [...] Read more ›
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Flat6Labs, a regional seed and early-stage VC firm, has announced the second close of its Tunisia-based Anava Seed Fund (ASF), taking the total size of the fund up to US$10 million from US$3 million. The Anava Seed Fund was launched in 2017 in partnership with the Tunisian American Enterprise Fund, BIAT Bank and Meninx Holding, [...] Read more ›
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Global peer-to-peer crypto exchange Remitano is currently developing its native token, RENEC, to improve the quality of services delivered to customers, reduce transaction fees and ensure secure and swift transactions. While Remitano Network is still in the development phase, Remitano has provided an amazing opportunity for old and new Remitano users in South Africa to [...] Read more ›
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Are you a crypto enthusiast, day trader, or crypto whale? Are you interested in holding bitcoin and ethereum while also earning free USDT? Then this is an amazing opportunity for you! Leading global P2P crypto exchange platform, Remitano has recently launched a tournament tagged “Tournament of Diamond Hands”. People are often scared to hold bitcoin [...] Read more ›
3
Cairo-based startup Pravica, a communication platform using blockchain technology to empower user privacy and security, has secured an undisclosed investment for a Swiss VC firm to help it scale operations. Founded in 2019 by Mohamed Abdou, Pravica utilises blockchain to empower user privacy and security in the communication industry, specifically messaging apps, where enormous amounts [...] Read more ›
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Gokada, the Nigeria-based last mile delivery, logistics and transportation startup, has launched in Ibadan following consolidated growth in Lagos. Founded in 2018 as a ride-hailing app, Gokada has evolved to become a leading food delivery, parcel delivery, and last-mile e-commerce fulfillment solution. The startup secured US$5.3 million in Series A funding in 2019, but was [...] Read more ›
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Nigerian cryptocurrency exchange Yellow Card has raised US$15 million in Series A funding to ramp up hiring and continue its expansion across the continent. Launched in 2018, Yellow Card makes it easy for anyone, anywhere in Africa, to buy cryptocurrencies like Bitcoin, Ethereum and USDT Stablecoin using cash, mobile money, card, or bank transfer. The [...] Read more ›
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Senegalese delivery startup Yobante Express, an online marketplace that connects local couriers with local commerce to optimise domestic, cross-border and last mile delivery, has raised a US$1.2 million bridge funding round as it looks to build on its impressive growth. Founded in November 2018, Yobante Express is a web and mobile platform that uses gig [...] Read more ›
115
Nigerian mobility startup Moove, which provides revenue-based vehicle financing to help individuals across Africa own their own vehicles, has expanded to Cape Town and is gearing up for further pan-African growth. Founded by British-born Nigerians Ladi Delano and Jide Odunsi, who have successfully built three other businesses in Africa over the last eight years through [...] Read more ›
3
Egyptian startup Sa3ar Technology Solutions, a platform that digitises auto-auctions deals, has been acquired by automotive marketplace Contactcars, a subsidiary of Contact Financial Holding. Founded by Adham Hosny and Hussein Hosny, Sa3ar Technology Solutions provides car valuation technology and a dealer-specific auction platform. The startup has just been acquired by Contactcars, Egypt’s leading automotive marketplace, [...] Read more ›
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Moroccan e-heath startup DataPathology has raised MAD2 million (US$$223,000) to help it transform the pathological diagnosis system and improve services provided to practitioners and patients. Founded in 2020 by Hicham El Attar and Mohammed El Khannoussi, DataPathology fights shortage and delays of diagnosis of cancer patients in rural areas, providing healthcare practitioners with a complete [...] Read more ›
3
Thirty-one African tech startups have been selected to take part in the Smart Cities Innovation Programme, which will help them scale up their products and services to boost urban transformation. Launched by the Rwandan Ministry of ICT and Innovation and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), the six-month Smart Cities Innovation Programme is designed [...] Read more ›
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Nigerian startup NucleusIS is building the technology to deepen insurance adoption, drive access to healthcare and improve health outcomes. Founded in 2019, NucleusIS has built a robust enterprise technology base for health insurance companies and care providers, which has so far on-boarded seven clients. The startup is also leveraging this technology to distribute health insurance [...] Read more ›
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Nigerian startup Infibranches Technologies, which helps solar energy providers manage their operations and receive payments, has secured US$2 million funding from All On, an impact investment company backed by oil major Shell. Founded in 2019, the Lagos-based Infibranches has developed two flagship products – OmniBranches and Green Energy Plug – that help companies with large [...] Read more ›
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Ed-tech startup eLearn Africa has partnered the Association of African Universities (AAU) to design, build and deploy learning management systems across the continent, giving university students access to free online courses. Launched in 2016, eLearnAfrica is an online marketplace for education that aims to simplify the process of finding and enrolling for online courses, degrees [...] Read more ›
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From being conspicuous by its absence from the local tech startup investment scene for so long, Naspers – one of the largest technology investors in the world – is now making up for lost time in its home market of South Africa. Naspers announced the launch of its ZAR1.4 billion (US$96 million) Foundry fund, an [...] Read more ›
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South African agri-fintech startup HelloChoice has secured investment from Standard Bank as it looks to solidify its position as the leading digital fresh produce and agricultural marketplace. Launched in 2018 by Grant Jacobs and Graeme Jarvie with the goal of modernising the traditional farm produce buying and selling process, HelloChoice is a fresh produce trading [...] Read more ›
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22.12.2025 19:08
Last update: 19:00 EDT.
News rating updated: 02:01.
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