- Nigerian startup Haul247 is connecting haulage or storage orders with available solutions using an Airbnb-style model. Founded by Sehinde Afolayan, Tobi Obasa and Akindele Phillips during the COVID-19 lockdowns of 2020, Haul247 is a marketplace that connects companies with shippers and storage,…
- Kenyan startup based Stable Foods has raised USD$600,000 in funding to build out its climate-smart smallholder food production system. A portfolio company of Pyramidia Ventures, an agrifood-tech venture studio, Stable Foods has developed an integrated solution that includes Irrigation-as-a-service…
- South African ed-tech company Snapplify is investing heavily in expanding its presence in the West Africa region. Founded in 2012, Snapplify enables digital learning via the largest digital education marketplace in Africa. Snapplify is the largest aggregator of digital content in Africa; has the…
- Kenyan startup BasiGo has raised US$6.6 million in new seed funding to begin commercial delivery of locally-manufactured electric buses and charging infrastructure. Disrupt Africa reported in November of last year BasiGo had launched operations in Nairobi having secured KES100 million (US$900,000)…
- Moroccan retail-tech startup WafR, which helps retail brands to deliver promotions to grocers, has raised a further US$120,000 in funding as it continues structuring its network of grocers. Founded in 2021, WafR is an app that enables retail brands to broadcast and deliver smart promotions to…
- Nine startups have been selected to take part in the second edition of the Startup Wise Guys accelerator, which offers selected B2B Saas startups access to EUR65,000 (US$67,000) in funding, as well as an intensive five months of mentorship. Founded in Tallinn, Estonia in 2012, Startup Wise Guys…
- Kenya’s IntaSend is providing payment infrastructure for startups, businesses, and developers to build secure and scalable fintech products faster. Founded by Felix Cheruiyot and Moses Korir in September 2019, IntaSend enables startups and developers to create fintech products and go live in days…
- South Africa’s Contro, a telehealth startup that focuses on sexual health and confidence treatment services, has announced the close of an oversubscribed pre-seed funding round, raising a total of ZAR10.1 million (US$585,000). Launched in May 2021, Contro offers subscription services for birth…
- Eight African startups have been named among the recipients of grants from the GSMA Innovation Fund for Climate Resilience and Adaptation, which aims to accelerate the testing, adoption and scalability of digital innovations that enable the world’s most vulnerable populations to adapt to,…
- Egyptian consumer credit startup Blnk has raised a US$32 million debt and equity funding round to further build out its AI-powered lending infrastructure and finance its fast-growing portfolio of customers. Co-founded in 2021 by Amr Sultan and Tarek Elsheikh, Blnk is an AI-enabled digital consumer…
- Rwandan insurtech startup Eden Care, which offers affordable, accessible and personalised health coverage to businesses and their employees, has raised a pre-seed round of funding to help it expand across East Africa. Founded last year, Eden Care is a licensed digital health insurance company,…
- Nigeria’s Zenith Bank has launched a pitch competition aimed at startups with tech-enabled, scalable solutions designed to innovate businesses from different industries. The Zenith Bank Pitching Competition is a collaboration between Zenith Bank and Seedstars with the goal of supporting Nigerian…
- Egyptian B2B marketplace SPEED has been acquired by UAE-based logistics services provider X-ERA as part of the latter’s international expansion strategy, with the value of the acquisition remaining undisclosed. SPEED connects FMCG suppliers with small to medium-sized merchants and retailers, and…
- The Japan International Cooperation Agency (JICA) and the Ministry of Innovation and Technology of Ethiopia (MinT) are pleased to announce the “Ethiopia Startup Innovation Pitch” for investors and companies from Japan, Europe, US, and Ethiopia, as well as anyone interested in Africa. 8…
- Nigerian startup CutStruct Technology has raised a US$$600,000 pre-seed funding round to assist in the development and scaling of its B2B construction procurement product LiveVend. Founded by John Oamen and Tayo Odunsi, CutStruct has built LiveVend, a construction procurement platform that allows…
- Nine startups from across the continent have been selected for the Katapult Africa Accelerator Programme, which provides access to US$150,000 in funding and other support. The Norway-based Katapult Accelerator has invested in a host of African startups, and also launched spin-offs such as Katapult…
- Emerging markets venture capital firm Quona Capital has announced the final close of its Fund III at US$332 million, significantly exceeding its US$250 million target. Quona Capital was established as an independent venture capital firm in 2015 by co-founding managing partners Monica Brand Engel,…
- You must first locate a reliable app to sell BTC in Nigeria before you can convert your Bitcoin to Naira. It’s ideal to compare a few crypto apps based on their fees, withdrawal options, and charges before choosing the best app to sell bitcoin in Nigeria. Let’s look at some of the variances, like…
- Kenyan fulfillment and logistics enabler Sendy has announced funding from MOL PLUS, the corporate VC arm of Mitsui O.S.K. Lines, as part of a new undisclosed round to help it scale fulfillment services in Kenya, Uganda, Nigeria, and Ivory Coast. Sendy provides an easy way for businesses of any…
- Egyptian startup Brotinni, a food-tech and dark butcher solutions startup bringing innovation to the meat industry, has raised US$600,000 in a seed funding round to help it scale. Founded by Dalia Abou Omar in late-2020, Brotinni offers a platform to order hand-cut, farm-sourced and vacuum-sealed…
- Kenya’s Hello Tractor, which promotes tractor co-sharing throughout Africa, has won the fifth edition of the CATAPULT: Inclusion Africa programme. Developed by the Luxembourg House of Financial Technologies (LHoFT), a public/private national fintech platform, and sponsored by the Ministry of…
- Algeria-based super app Yassir has raised US$150 million in Series B funding to expand operations geographically. Founded in 2017 by Noureddine Tayebi and El Mahdi Yettou, Yassir is a super app that provides its users with a suite of services, including ridesharing, grocery deliveries, and…
- South Africa-based digital payments gateway Peach Payments and API fintech Stitch have partnered to enable online merchants across South Africa to accept secure, low-cost instant EFT payments. Peach Payments provides a complete toolkit to help businesses accept, manage and disburse payments through…
- Africa’s first decentralised autonomous organisation for tech founders – Pando DAO – has launched, while also becoming the official community partner of the Silicon Zanzibar initiative. Pando DAO is a decentralised community of top African tech founders, whose operations span over 15 countries…
- South African ed-tech startup FoondaMate has launched operations in Nigeria on a bid to democratise learning and close education inequality gaps with its AI-powered study chatbot. Founded by Dacod Magagula and Tao Boyle in August 2020, FoondaMate has built a chat-based, AI-powered learning bot that…
- Nigerian credit-led fintech startup Payhippo has acquired Maritime Microfinance Bank (MFB) to help it expand its product offering. Launched in January 2020 by Chioma Okotcha, Uche Nnadi and Zach Bijesse, Payhippo provides loans to small businesses in Africa, often neglected by banks because of…
- Nigerian fintech startup Touch and Pay has won the 2022 edition of the Ecobank Fintech Challenge, taking home a US$50,000 cash prize. Ecobank is a leading independent pan-African banking group that serves over 32 million customers in the consumer, commercial and corporate banking sectors across 33…
- Cape Town-based “privacy-by-design” startup Omnisient has raised an undisclosed amount of funding from old and new investors to support its continued international expansion and further develop its platform. Omnisient specialises in secure data-sharing for businesses. The startup’s platform…
- The Jobtech Alliance, an ecosystem-building initiative around inclusive jobtech in Africa steered by Mercy Corps and BFA Global, has launched two programmes – the Catalyst Jobtech Accelerator and the Jobtech Innovation Lab – designed to support digital platforms that connect people to work…
- Egyptian fintech startup MoneyFellows has announced the first close of its Series B round funding with a US$31 million investment to help it accelerate its growth and move into new markets. MoneyFellows is a mobile-based platform that digitises money circles or Rotating Savings and Credit…
- Egyptian prop-tech startup Seqoon has raised a US$500,000 pre-seed funding round to help it build out its property co-ownership platform and expand into new markets. Founded by Omar Eldessouky and Mohamed Elkhatieb, Seqoon allows users to own shares – between one-eighth and one-half – of a vacation…
- Twenty-nine cities across Africa and beyond will play host to physical gatherings of investors next week in the biggest Africa Early Stage Investor Summit since its inception in 2013. The ninth edition of the Africa Early Stage Investor Summit will take place from November 2-4, designed by ABAN and…
- Ghanaian startup Tiny Reusers is an e-commerce platform that facilitates the sale of preloved and new baby, kids and maternity items from private individuals to baby shops, importers and local producers. Tiny Reusers was formed a year ago when founder Lisa Werk Nielsen had been in Ghana for about…
- Nigerian startup AlphaCX Platforms has launched its B2B Software-as-a-Service (SaaS) platform to deliver customer support infrastructure for underserved markets. Launched in stealth last year, but now publicly available, AlphaCX has developed an omnichannel messaging helpdesk that enables…
- African startups have been named among the winners of the Orange Social Venture Prize (OSVP) in Africa and the Middle East, taking home cash prizes. Launched in 2011, the Orange Social Venture Prize in Africa and the Middle East recognises the best tech startup projects that make a positive impact…
- The co-investment fund Catalytic Africa, established in 2019 by the African Business Angels Network (ABAN) and AfriLabs, has concluded transactions in 10 countries in the last year. The partnership between AfriLabs, a pan-African network of technology and innovation centres, and ABAN aims to…
- Egyptian fintech startup Kiwe, a social payment app targeting the unbanked segment, has secured funding from valU, a subsidiary of EFG Hermes Holding that provides a buy now pay later (BNPL) service with a presence in Egypt and Saudi Arabia. Founded in March 2021 by Fatma Khalifa, Omar Kamel and…
- Early-stage startups operating in Francophone African countries can apply for up to EUR50,000 (US$48,000) in equity funding from Fuzé, an investment facility by Digital Africa. The Digital Africa initiative, a French government-backed organisation assisting African tech startups, was launched by…
- Flourish Ventures, a global venture capital firm investing in mission-driven fintech entrepreneurs, has announced the launch of affiliate Madica, a structured investment programme for pre-seed stage technology companies in Africa. Flourish Ventures backs entrepreneurs whose innovations advance…
- Climate tech VC firm Satgana has announced the first closing of its fund, with a EUR30 million (US$29 million) target size, and plans investments in Africa and Europe. Headquartered in Luxembourg, Satgana is a climate tech VC fund, with the ambition to invest in startups providing technological…
- Africa-focused VC firm TLcom Capital has announced its fourth Africa Tech Female Founder Summit will take place in Nairobi, Kenya in November, with Meg Whitman, US Ambassador to Kenya and former CEO of eBay and Hewlett-Packard, confirmed as headline speaker. TLcom Capital will host the event on…
- Egyptian fintech startup MoneyHash has launched its services across Africa after a successful launch in the MENA region earlier this year. Founded in late 2020 by Nader Abdelrazik, Mustafa Eid and Anisha Sekar, MoneyHash provides a unified checkout experience built on top of a secure super-API that…
- The HealthTech Hub Africa, founded by the Novartis Foundation at the Norrsken House Kigali, has announced the second Africa HealthTech Challenge, and is seeking high-impact innovators with business-to-government focused solutions and business models with potential to drive transformational…
- Nigeria-based mobility fintech startup Moove, Uber’s largest vehicle supply partner in EMEA, has raised GBP15 million (US$16.8 million) in financing from Emso Asset Management to scale up its UK operations following a successful launch in August. Founded in 2019 by British-born Nigerians Ladi…
- When it comes to foreign exchange (FX), automated trading, and copy trading, cTrader is rapidly heading to the front of the pack. However, how do you identify reputable cTrader brokers from the many that have sprung up throughout the world in recent years? A good place to start is choosing a…
- South African startup Cape AI has been acquired by AI solutions provider in order to scale its offering that makes such solutions available to large enterprises across Africa. Founded in 2019 by Pieter Boon and Adit Mehta, Cape AI helps businesses grow by enabling them to make smart decisions…
- Ten semi-finalists have been selected for the 2022 MEST Africa Challenge, the winner of which will secure US$50,000 in equity funding. Founded in Ghana in 2008 by serial entrepreneur Jorn Lyseggen, MEST is a pan-African software and entrepreneurship training programme, seed fund, and incubator…
- Egypt’s MaxAB, a food and grocery B2B e-commerce and distribution platform serving a network of traditional retailers across Egypt and Morocco, has closed a US$40 million pre-Series B equity round to fuel its expansion across the MENAP region. Founded in 2018 by Egyptian and Libyan entrepreneurs…
- The Nigeria Startup Act, which is aimed at deepening the country’s technology ecosystem and enabling the sector, has been signed into law by President Muhammadu Buhari. Initiated last May by the Nigerian presidency and a coalition of Nigerian technology industry leaders, the aim of the Nigeria…
- Nigerian social commerce startup Bumpa has announced a US$4 million round of seed funding to expand its product offering and move into new markets. Launched in February 2021 by Kelvin Umechukwu and Adetunji Opayele, Bumpa helps merchants move their business online without the need for programming…
