Kenya-based energy leasing company Solarise Africa has secured EUR5 million (US$5.9 million) in debt financing from Swedish impact investment platform Trine to help it sustain its growth across the continent. Founded by Patrik Huber, Jan Albert Valk and Sakkie van Wijk, Solarise Africa is an energy leasing company for solar and other energy assets focusing [...] Read more ›
23
Morocco-based startup Lacaisse, which offers a digital solution for the management of physical points of sale (POS), has raised an undisclosed amount of funding to help it scale. Founded in 2016 by Said Belkhayat and Rim Benboubker, Lacaisse has established a base of more than 250 points of sale in the Casablanca catering market, and [...] Read more ›
3
Kenyan fintech startup Pezesha, which is building scalable lending infrastructure for SMEs and institutions, has closed a seven-figure seed extension round as it looks to expand further across the continent. Founded in late 2016, Pezesha has created a holistic digital financial infrastructure that connects small and medium-sized businesses to working capital offered by banks, MFIs, [...] Read more ›
22
The Southeast Nigerian city of Enugu will host the sixth edition of the StartupSouth conference, the biggest startup and innovation-focused event in the South-South/South-East of Nigeria, in October. StartupSouth attracts founders, investors, public officials and top technology brands from across the region and beyond, with this year’s event to take place in Enugu on October [...] Read more ›
8
All of a sudden, open banking is a very real phenomenon in Africa, with entrepreneurs and investors alike betting on the long-term opportunities within the nascent space. First of all, what is it? Open banking is a practice that provides third-party financial service providers with open access to consumer banking, transaction, and other financial data [...] Read more ›
13
In a bid to provide access to unlimited working capital for SMEs across Africa, Kyiara Technologies Limited did a Soft-launch of its trade receivables platform – KYIARA on Thursday, 26th of August 2021. “SMEs account for 90% of employment and contribute about 60% to GDP. Intra-Africa is less than 5% within the global sphere. The [...] Read more ›
8
Ugandan e-logistics startup Ridelink has raised US$150,000 in pre-seed funding to help it scale operations. Launched in 2017, Ridelink is an e-logistics platform that connects SMEs to a network of transport operators at the click of a button. So far it has served over 250 businesses and worked with more than 2,000 drivers across East [...] Read more ›
17
Applications are now open for the upcoming E-Track Programme, which is designed to support startups from across Africa with scalable businesses and global potential. The E-track Programme is a three-phase venture acceleration programme developed by the UCT GSB Solution Space in partnership with ayoba to support startups across the continent. Phase one is the Venture Launch [...] Read more ›
126
Nigerian ed-tech startup Ustacky is teaching Africans industry-relevant IT skills and providing them with micro-degrees at an affordable price to make them job-ready. Launched in 2019, Ustacky delivers training in programming through its website and mobile app using high-quality instructor-led video courses taught by seasoned instructors. These courses are bundled together to form different micro-degrees, [...] Read more ›
30
Egyptian e-commerce solutions provider FwRun has been acquired by Saudi Arabian last mile delivery and logistics firm Diggipacks as the latter looks to expand its presence in the Egyptian market. Founded in 2019, FwRun provides fulfilment, delivery and warehousing services to e-commerce companies. The startup provides storage and handling services, and has attracted a number [...] Read more ›
3
Egyptian beauty service booking platform Glamera has launched a new B2B product that helps customers with beauty salon management. Launched in September 2019, Glamera allows users to book appointments with hundreds of contracted providers covering all beauty sections, including salons, clinics, spa, gym, and dental. The startup has tens of thousands of users and hundreds [...] Read more ›
60
Nigerian startup Agricorp, which is utilising technology in a bid to become the largest spices exporter on the continent, has raised US$17.5 million in Series A funding to help it increase its production capacity to 7,000 metric tonnes.  Founded in 2018 by Kenneth Obiajulu and Wale Omotimirin, Agricorp has so far supported over 5,000 smallholder [...] Read more ›
23
Nigerian VC firm LoftyInc Capital Management has announced the first close of its US$10 million LoftyInc Afropreneurs Fund 3 (LAF3) as it seriously scales up its activity in the startup space across the continent. LoftyInc Capital Management is a venture capital firm on a mission to “build an ecosystem of Africans investing in Africans solving [...] Read more ›
25
Nigerian startup Bumpa, which helps retailers manage and grow their businesses from their mobile phones, has closed a US$200,000 pre-seed funding round to help it reach more merchants and add more features. Launched in February by Kelvin Umechukwu and Adetunji Opayele, Bumpa helps merchants move their business online without the need for programming skills. The [...] Read more ›
33
South African buy now pay later fintech startup Payflex has been acquired by Australia Securities Exchange (ASX)-listed Zip as the latter takes it global expansion plans into Africa. Founded in 2018, Payflex allows consumers to shop now and pay later, interest-free. It launched with Superbalist.com in 2019 and is now offered at over 1,000 online [...] Read more ›
5
The number of confirmed African participants in the Y Combinator accelerator’s S21 cohort has increased to 15 after two more were named ahead of demo days taking place yesterday (August 31) and today (September 1). Disrupt Africa reported last month 13 African tech startups were among the 296 revealed to be taking place in the [...] Read more ›
8
Kenyan startup MotiSure has launched an API-powered insurtech platform that provides personal accident cover for commuters and riders through embedding insurance in tickets and other points of sale within mobility. MotiSure was co-founded this year by Joel Macharia, Jane Njau and Thuita Wachira after they sampled over 400 bike riders about why they did not [...] Read more ›
18
Zambia’s Dawa Health, an e-health platform currently focused on maternal health, is planning expansion into nearby countries for its digital health platform empowering rural mothers. Founded in 2018 as a medical hardware startup, Dawa Health prototyped a wearable device to monitor geriatrics medical parameters to be wirelessly transmitted to doctors for active monitoring. However, through [...] Read more ›
54
Gradely is a digital education startup that supports schools and parents in personalising learning resources to help students improve academically. The company was founded as a result of the discovery of huge learning gaps in school and the dense curriculum students have to go through which doesn’t encourage them to learn in class. This problem [...] Read more ›
14
Startup-focused news and research company Disrupt Africa has announced it is to once again make its flagship annual funding report free to all in an open-sourcing initiative made possible through a partnership with Africa-focused VC firms Novastar Ventures, Quona Capital, 4Di Capital and Future Africa. Every January since 2016, Disrupt Africa has released the African [...] Read more ›
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Most popular sources
Business Insider
|
30% 4 |
Tom's Hardware
|
18% 4 |
Gizmodo
|
8% 16 |
Android Authority
|
7% 5 |
The Verge
|
6% 1 |
| View sources » | |
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22.12.2025 21:47
Last update: 21:40 EDT.
News rating updated: 04:41.
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