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Oxford Foundry partners with FMDQ Private Markets to accelerate Nigeria’s startup ecosystem
23-07-2021 | 10:57:00
Oxford Foundry and FMDQ Private Markets, a subsidiary of FMDQ Holdings Nigeria, have launched a global partnership to accelerate the growth of Nigeria’s startup ecosystem.
La Fondation BGFIBank finance un incubateur des métiers de la gestion à INSG au Gabon
23-07-2021 | 10:19:00
la Fondation BGFIBank et l’Institut national des sciences de gestion (INSG) portant sur la construction et l’équipement d’un incubateur des métiers de la Gestion au sein de cet établissement supérieur, une structure qui permettra d’accompagner les startups dans le développement de projets innovants.
AfDB and Ethiopia sign $118 million to support agro industrial park, youth employment and power interconnection
23-07-2021 | 09:43:00
The African Development Bank Group (AfDB) and the Government of Ethiopia have signed two separate grant agreements for new projects to boost youth employment and electricity trade between Ethiopia and Djibouti.
[Column] Cathy Smith: Sustainability or extinction: what African enterprises need to know about the next ten years
22-07-2021 | 15:24:00
Businesses and countries across the continent are attempting to rebuild following the devastating economic impact of the pandemic.
[Africa Tech Review] Duncan Mochama: African fintechs are diversifying to offer a wide range of complementary services
22-07-2021 | 14:29:56
Kenyan-based fintech startup Cellulant this week also received approval from Bank of Tanzania to Become a Payment Solution Service Provider.
[Column] Tonny Tugee: Connectivity, collaboration, competition - The 3 essential Cs for Africa’s growth
22-07-2021 | 08:37:00
If we want to develop Africa’s digital stronghold and support the continent’s growing young population, every person needs access to high-quality, low-cost connectivity.
Facebook, Ajua Sign Agreement to Empower African SMEs with Automated Customer Support through WhatsApp
22-07-2021 | 07:50:00
Ajua has signed an agreement with Facebook to automate commercial interactions and customer support for businesses through WhatsApp.
Health SMEs in Africa to benefit from a digital finance fund
19-07-2021 | 13:57:00
Medical Credit Fund (MCF), a non-profit fund exclusively dedicated to financing small and medium-sized healthcare companies in Africa, celebrated the first loan disbursement within MCF2.
[Africa Cloud Review] Simon Ngunjiri: Cloud is playing a big part in the growth of African enterprises
19-07-2021 | 13:47:00
Analysts predict more and more businesses will be moving to cloud as businesses and their employees worldwide continue to face tremendous challenges in maintaining business continuity.
Efficacité énergétique et solutions innovantes, appel à candidatures pour les start-up
19-07-2021 | 12:38:00
L’association Light On organise, jusqu’au 31 juillet prochain, avec le soutien du Groupe de la Banque africaine de développement et d’autres partenaires, le concours « Salon de l’énergie et du développement durable » (SEDD for Innovation).
39 African winners of the World Bank Africa Blog4Dev 2021 competition
16-07-2021 | 12:16:00
On behalf of the World Bank’s Africa Regions, World Bank heartily congratulate all of their Blog4Dev winners who are the torchbearers to Africa’s development journey and serve as important voices in their respective countries.
[Africa Tech Review] Duncan Mochama: Broadband connectivity is fueling economic growth in Africa
15-07-2021 | 14:49:00
This week, Eocband has partnered with Workonline, one of the largest IP transit providers on the African continent to boost internet connectivity in Ghana.
[Column] Tonny Tugee: Why faster connectivity means faster economic growth for Kenya
15-07-2021 | 13:50:00
With a flourishing ICT sector that has grown by an average of 10.8% every year since 2016 and as a home to some of Africa’s most innovative start-ups, Kenya’s nickname of “Silicon Savanah” couldn’t be more fitting.
SEED Awards for Entrepreneurship in Sustainable Development winners announced
15-07-2021 | 07:07:00
A business which gives out virtual cash in exchange for rubbish, a start-up that converts faecal sludge into fuel briquettes, and an enterprise which offers smart metering solutions for solar mini-grids, have won the SEED Awards
Nigerian fintech startup Lidya raises $8.3m pre-Series B funding round
14-07-2021 | 15:40:00
Nigerian fintech and lending startup Lidya announced the completion of its $8.3 million pre-Series B funding round. Alitheia Capital led the investment through its uMunthu Fund.
Kenyan startup Marketforce appoints Ore Omolaja as Country Manager, Head of Business for Nigeria
14-07-2021 | 10:36:00
Marketforce, the Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa, announced the appointment of Ore Omolaja as the Nigeria Country Manager and Head of Business, effective 15th July 2021.
Kenyan startup MarketForce raises $2m pre-Series A to scale B2B retail marketplace, RejaReja
13-07-2021 | 12:41:00
MarketForce, the Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa, announced a $2 million pre-Series A round, bringing total funding to-date to $2.5 million.
Banque Misr partners with Microsoft to support fintech startups in Egypt
13-07-2021 | 12:24:00
Banque Misr signed a Memorandum of Understanding (MoU), with Microsoft Egypt to launch the first open innovation program in the Egyptian market, enabling a spurt in fintech startup growth.
M-KOPA Expands to Nigeria, Appoints Babajide Duroshola as New Country General Manager
12-07-2021 | 11:23:00
Connected asset financing platform M-KOPA, has officially expanded to Nigeria. To lead the Nigeria team, M-KOPA has named Babajide Duroshola as the new General Manager.
Call of Duty League and Google Cloud deliver new feature for esports fans
09-07-2021 | 11:11:00
Call of Duty League plans to begin rolling out ActivStat during the 2021 season which the initial rollout will include critical information like player and team standings and winning ratios across multiple aspects of virtual combat—including ultimately what these numbers mean for rankings.
AfDB scoping study identifies opportunities for private sector participation in Africa’s climate agenda
09-07-2021 | 08:15:00
A recently published African Development Bank scoping study on implementing NDCs in Africa recommends that development financial institutions and other investors focus on high-impact, high-growth potential start-ups that can drive climate-related innovation.
Kenya Airways Launches Fahari Innovation Hub
08-07-2021 | 15:03:07
KQ has launched the Fahari Innovation Hub, a centre for innovation that acts as a springboard for new ideas and data-driven innovations to accelerate impact-driven solutions that address some of the societal and business challenges.
[Africa Tech Review] Duncan Mochama: Sub-Saharan Africa to reach 70 million 5G subscriptions by 2026
08-07-2021 | 12:54:00
Data from the latest Ericsson Mobility Report, released this week now shows Sub-Saharan Africa to reach 70 million 5G subscriptions by 2026.
Swiss Investment Company CV VC Opens its First African Office in South Africa
08-07-2021 | 11:19:51
After having opened CV Labs in Zug, Vaduz (Liechtenstein) and Dubai,Crypto Valley Venture Capital (CV VC) is now opening its first office on the African continent in Cape Town.
Seven South African legal startups to pitch for EUR 10,000 grant
08-07-2021 | 10:58:00
The Hague Institute for Innovation of Law (HiiL) kicked off its annual global Innovating Justice Challenge in search of the region’s best justice-related social entrepreneurs in March this year.
IFC’s TechEmerge partners with logistics startup Kobo360 to pilot sustainable cooling innovations in Nigeria
08-07-2021 | 08:55:00
Eleven global innovators have been selected to partner with 15 leading Nigerian companies to pilot cost-effective, climate-smart technologies to strengthen the country's temperature-controlled logistics supply chain.
[Column] Francis Wainaina: The role of cloud in Kenya’s growing tech start-up scene
08-07-2021 | 07:52:00
Powered by improvements in digital infrastructure, Kenya’s growing start-up scene continues to fuel innovation, entrepreneurship, and investment
The Green Climate Fund approves $170.9m in co-financing for African Development Bank’s LEAF program
07-07-2021 | 11:19:00
The Green Climate Fund (GCF) is delighted to partner with the African Development Bank to support this timely and critical program for decentralized renewable energy across these six African countries
Financials, ICT remain the most attractive sectors for VC investment in Africa, report
07-07-2021 | 08:30:00
Mapping Africa’s startup landscape between 2014 and 2020, the report provides data and analysis on venture capital (VC) deal activity in Africa in 2020 along with information about the types of investors that have participated in those deals. The report also includes case studies covering prominent investments across Central, East and North Africa.
[Ghana] Verdant Capital raises $7.9 million for challenger fintech, Zeepay
06-07-2021 | 14:02:00
The debt and equity raise for challenger fintech, Zeepay, head-quartered in Ghana, follows a $20 million equity and debt capital raise for Tugende, an East African technology-enabled asset financing business.
Nigerian fintech startup TeamApt secures Series B funding
05-07-2021 | 11:58:18
Nigerian fintech startup TeamApt has closed its Series B fundraising round, as it looks to expand its financial services beyond Nigeria.
[South Africa] Fintech firm Ukheshe comes second in KPMG Global Tech Innovator competition
05-07-2021 | 11:13:33
The KPMG Private Enterprise Global Tech Innovator Africa competition came to a close this week and saw South African fintech startup Ukheshe, take second place.
Most Kenyan MSMEs Operating Within ICT, Agricultural Sectors
05-07-2021 | 07:49:00
ICT and Agriculture are the leading host sectors for Micro, Small and Medium-sized Enterprises (MSMEs) in Kenya, the 2021 MSMEs Survey Report shows.
African projects among 30 new AI for Social Good projects to be supported by Google
02-07-2021 | 09:58:35
Working in partnership with Google.org and Google’s University Relations program, Google is sharing 30 new projects that will receive funding and support as part of their AI for Social Good program including those from Sub-Saharan Africa countries.
Ghanaian agribusiness startup Green Gold Farms raises $1.6 million to tackle food import challenge
02-07-2021 | 08:58:00
Green Gold Farms is tackling the problems of poverty, lack of economic opportunity, and malnutrition and related illnesses in Northern Ghana through large-scale agricultural production.
[Kenya] KEPSA and Zydii launch free digital courses for MSMEs
01-07-2021 | 14:02:00
The Kenya Private Sector Alliance (KEPSA), and Zydii Limited have announced a partnership to provide free digital training to Micro, Small and Medium Enterprises (MSMEs).
[Africa Tech Review] Duncan Mochama: Africa’s data centre market poised for massive growth
01-07-2021 | 13:50:00
Africa’s data centre market is poised for massive growth this year as internet penetration rates rise and the continent begins to play catch-up with other regions.
MDaaS Global raises $2.3 million to launch digital health solution and expand across Nigeria
01-07-2021 | 11:23:00
With this funding, the company is launching ‘SentinelX’, a digital health membership that champions preventive, personalized, and continuous care using proprietary technology.
AGRA launches fourth edition of the Agribusiness Deal Room
01-07-2021 | 11:10:03
The Agribusiness Deal Room is a match making platform at the annual AGRF Summit that convenes different stakeholders to facilitate partnerships and investments in African agriculture.
[South Africa] Delivery startup Picup introduces new model for branded deliveries
01-07-2021 | 10:40:08
Branded deliveries through Picup, a crowdsource delivery and tech company, is now possible. The innovative last mile delivery company has introduced a unique concept where its drivers become the face of any specific brand.
Ghanaian Fintech startup Zeepay raises $7.9 million Series A funding
01-07-2021 | 07:08:00
Ghanaian Fintech startup Zeepay, has announced the completion of a USD7.9 million Series A.0 funding. The funding is a hybrid of both equity and balance sheet funds to support its operations.
La Mauritanie et l'AfDB signent deux accords de don de plus de huit millions de dollars pour l’investissement
30-06-2021 | 09:50:00
Le directeur général de la Banque Africaine de Développement pour l’Afrique du Nord et le ministre mauritanien des Affaires économiques et de la Promotion des secteurs productifs ont signé deux accords de don de plus de huit millions de dollars américains pour renforcer la dynamique de l’investissement, créer de nouveaux emplois et offrir de nouvelles perspectives aux jeunes
Endeavor Egypt appoints Heba Ali as its new Managing Director
29-06-2021 | 08:26:14
Endeavor, the global community of high-impact entrepreneurs, has announced it has appointed Heba Ali as its new Managing Director of Egypt.
[Africa Cloud Review] Simon Ngunjiri: Cloud is empowering African businesses with the certainty of a quicker time-to-value
28-06-2021 | 15:14:00
With cloud-enabled intelligent enterprise capabilities, organisations can achieve the speed needed to stay ahead of competitors and other disruptors while maintaining the certainty of measured, data-driven decision-making.
[Rwanda] RDB partners with Tek Experts to recruit and upskill 1000 technical support engineers
28-06-2021 | 12:12:38
The Government of Rwanda, through the Rwanda Development Board (RDB), has partnered with Tek Experts, a global provider of deep technical IT support services and professional services, to set up a technology support center in Rwanda.
Catalyst Fund announces Circle of Corporate Innovators to accelerate startup-corporate partnerships
28-06-2021 | 11:07:15
Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, today formally announced its Circle of Corporate Innovators, with its first members, Fidelity Bank, Ecobank, Sterling Bank, Access Bank and the VFD Group.
8,000 women and young Nigerians to benefit from RecyclePoints’ partnership with the Mastercard Foundation
28-06-2021 | 10:42:00
RecyclePoints and the Mastercard Foundation announced a partnership to enable more than 8,000 women and young people to access work opportunities aimed at tackling the challenges associated with waste pollution and unemployment in underserved communities in Nigeria.
[South Africa] Delivery startup Picup introduces a premium driver network for businesses
28-06-2021 | 08:16:00
South Africa's crowdsource delivery tech startup Picup has introduced a premium service aimed at businesses that require drivers to represent their brand.
[Africa Tech Review] Duncan Mochama: MTN is investing $1.5 billion to expand broadband access across Nigeria
24-06-2021 | 15:13:00
MTN announced plans to invest 640 billion naira, approximately US$1.5 billion, over the next three years to expand broadband access across the continent’s most populous country.
Ivory Coast transport startup Moja Ride partners with O-CITY for its next phase of growth in mobility innovation
22-06-2021 | 13:09:00
Moja Ride, an Ivorian startup providing a reservation and cashless payment system for transport services in Abidjan, has partnered with O-CITY for its next phase of digital innovation and future expansion.
[Kenya] InsurTech startups benefit from IRA, Prudential innovation hub
21-06-2021 | 10:22:00
Three local startups have each received Ksh 1.25 million in cash awards from an innovation hub steered by the Insurance Regulatory Authority (IRA) in collaboration with Prudential Life Assurance Kenya Limited (Prudential)
[Kenya] Microsoft's Future Ni Digital Initiative aims to equip local MSMEs owners with digital skills
21-06-2021 | 08:03:00
Future Ni Digital is a digital literacy, entrepreneurship, and career skills programme that seeks to equip over 50,000 owners of Micro Small Enterprises (MSEs) across Kenya with the relevant digital skills by the end of this year.
CMM PR Launches the Second Edition of The Future is Female Mentorship Program
21-06-2021 | 07:11:00
C. Moore Media International Public Relations (CMM), a New York-headquartered PR agency focusing on the US, UK, and African markets, announces the second edition of The Future is Female Mentorship Program.
[Interview] Lydie N Murorunkwere, CEO, JurisTax Rwanda ltd, Rwanda
20-06-2021 | 21:45:00
Lydie Nyombayire Murorunkwere from Rwanda has over 15 years of successful business management experience providing strategic and operational leadership. She holds a Masters in Business Administration from Lyon, France and now is the Director of JurisTax Rwanda ltd, a company which specializes in Company Formation, Fund Administration and Investor Services, Provision of Professional Services and Financial Advice.
[Interview] Lydie N Murorunkwere, Directrice, JurisTax Rwanda ltd, Rwanda
20-06-2021 | 21:03:00
Lydie Nyombayire Murorunkwere du Rwanda a plus de 15 ans d'expérience réussie en gestion d'entreprise en fournissant un leadership stratégique et opérationnel. Elle est titulaire d'une maîtrise en administration des affaires de Lyon, en France, et est maintenant le PDG de JurisTax Rwanda ltd, une société spécialisée dans la création de sociétés, l'administration de fonds et les services aux investisseurs, la fourniture de services professionnels et de conseils financiers.
MarketForce acquires Digiduka startup to consolidate distribution of consumer goods with digital financial services in Africa
18-06-2021 | 10:16:06
MarketForce, the end-to-end retail distribution platform for consumer brands in Africa, announced the strategic acquisition of Digiduka, a startup on a mission to bring informal retailers in Africa into the digital economy.
[Africa Tech Review] Duncan Mochama: Nigeria, Kenya and South Africa are top drivers of eCommerce volumes in Sub-Saharan Africa
17-06-2021 | 15:08:00
[Africa Tech Review] Duncan Mochama: Nigeria, Kenya and South Africa are top drivers of eCommerce volumes in Sub-Saharan Africa
Ethiopian-based edtech startup Gabeya launches its revamped marketplace
17-06-2021 | 06:47:43
Gabeya, the Pan-African source for freelance professional talent, has expanded its revamped marketplace, the first of its kind in terms of reach in Africa.
Healthtech startup BASMA.com raises $3m Series A round to scale up its platform in the MENA region
16-06-2021 | 13:08:00
UK-based, MENA focused, startup BASMA.com closed $3 million Series A funding led by MEVP with the participation of SOSF, IM capital and returning investors iSME, Cedar Mundi Ventures and IFA capital, to scale up its healthtech platform in the MENA region.
Asafo & Co. further expands its projects practice with hire of prominent London-based team
14-06-2021 | 09:18:00
Andrew Thomas is joining ASAFO & CO. London along with Winston Bell-Gam from Holman Fenwick Willan (HFW) with practice focuses on project finance with a particular emphasis on the power, pipeline, infrastructure, healthcare and transportation sectors.
Nigerian health tech startup Helium Health launches in the Kenyan market
14-06-2021 | 09:16:00
Helium Health, the largest Electronic Medical Records (EMR) and Hospital Management Information (HMI) Systems provider in West Africa has announced the launch of its full suite of products and services in Kenya.
Facebook and leading Health Organizations form alliance for advancing health online
10-06-2021 | 21:54:00
Facebook is partnering with leaders from the technology, healthcare, global development and academic sectors to establish the Alliance for Advancing Health Online.
[Africa Tech Review] Duncan Mochama: Governments are helping advance the digital economy and drive economic transformation
10-06-2021 | 15:19:00
In Kenya, the government in partnership with the private sector also this week unveiled a new initiative aimed at equipping small business owners with digital skills.
[South Africa] Wuri Ventures and Capria Ventures invest $1.5 million in mobility data startup WhereIsMyTransport
10-06-2021 | 07:34:00
Pan-African VC fund Wuri Ventures and leading global investment firm, Capria Ventures, have announced a new investment in South Africa's mobility data start-up WhereIsMyTransport.
[Kenya] Glovo launches its first African Micro Fulfillment Center in Nairobi
10-06-2021 | 07:17:58
On-demand delivery startup Glovo has opened its first African Micro-Fulfillment Center in Nairobi. The center is located at AEA Plaza on Valley Road
IFC launches program to support startups expand across the Maghreb region
08-06-2021 | 09:36:35
IFC launched a new advisory program aimed at making it easier for startups in Algeria, Libya, Morocco and Tunisia, expand their operations across North Africa.
Bolt introduces Electric Tuk Tuks, Bikes and Bicycles in Kenya
07-06-2021 | 14:15:00
On-demand transportation platform Bolt, has introduced electric tuk tuks, and e-bicycles on its platform as the company expands its greener transport options in Kenya in the food category.
[Kenya] Sanergy and logistic startup Amitruck partner for sustainable waste management
07-06-2021 | 11:08:27
Technology startup Amitruck and waste management solutions provider Sanergy have announced a partnership to tackle waste management in Nairobi, Kenya.
The Moroccan Digital Development Agency and GrowIN Portugal launch initiative to support startups internationalization
07-06-2021 | 09:42:04
The Moroccan Digital Development Agency (ADD) and GrowIN Portugal have launched an initiative to support Moroccan and Portuguese startups internationalization by signing a strategic agreement.
[Mozambique] AfDB financial package for local content and SME development to boost job creation
06-06-2021 | 18:27:33
The African Development Bank Group has approved a $1 million grant to boost local content and development of Small and Medium-Size Enterprise (SME) initiatives in the southern African nation of Mozambique.
Nigeria agritech startup Thrive Agric targets 50,000 farmers with new project
04-06-2021 | 08:43:00
A natural partner for the Trade Hub, Thrive Agric has already helped over 140,000 farmers in Nigeria increase their capacities to meet supply, quality, and food safety standards required by domestic and export markets.
[Kenya] Industrialization Ministry launches Startup Savanna, a business acceleration programme for early-stage startups
03-06-2021 | 15:32:00
The Kenyan Ministry of Industrialization has launched Startup Savanna, an international business acceleration programme that will link Kenyan startups to global angel investor and business support resource networks.
[Africa Tech Review] Duncan Mochama: Africa has very few support systems for aspiring local investors
03-06-2021 | 15:14:00
This week, Dream VC, a Remote Venture Capital Upskilling Institute launched a new fellowship program dedicated to providing more access and opportunities to traditionally underrepresented individuals in the African venture capital space.
Development Ministry launches startup support programme for Kenyan entrepreneurs
03-06-2021 | 13:26:00
The Federal Development Ministry (BMZ) has expanded its developPPP Ventures programme in Kenya to support local startups.
[Column] Ian Lessem: Venture Capital trends shaping the African investment landscape
03-06-2021 | 07:22:21
Ian Lessem, Managing Partner at HAVAÍC, investors in early-stage, high-growth technology businesses, considers the trends making an impact on the African Venture Capital (VC) landscape.
E-Logistics startup Lori Systems appoints Uche Ogboi as its new CEO
03-06-2021 | 06:56:00
Lori Systems, Africa's e-logistics platform has announced the appointment of Uche Ogboi as its new Chief Executive Officer.
Venture capital funding for African startups to reach $2.8 billion in 2021, a record high for the continent
02-06-2021 | 13:47:00
African tech accelerator AfricArena recently released a new report using Partech data which has forecast that venture capital funding for African startups will amount to between $2.25 billion and $2.8 billion this year, a record high for the continent.
Coventry University Group appoints Rwanda’s former education minister to lead its new Africa Hub
01-06-2021 | 23:40:00
Professor Silas Lwakabamba has been appointed to chair Coventry University's new Africa hub, an exciting journey to be part of an institution with great potential to make a difference for the African economies.
[Interview] Victoria Epelle, Fondatrice, Market Forward, Nigéria
01-06-2021 | 22:47:00
Victoria Epelle a fondé Market Forward il y a environ un an et la société a exécuté des projets à la fois locaux et internationaux et se fait un nom dans le domaine du conseil et de la gestion de projet.
GIZ Egypt and Arab Women's Enterprise Fund launch agri-digital startup competition
01-06-2021 | 11:33:13
The Agri-Digital Startup Competition aims to enhance and support the digital agriculture ecosystem in Egypt to empower existing and potential entrepreneurs, particularly youth and women.
[Interview] Victoria Epelle, Founder, Market Forward, Nigeria
01-06-2021 | 09:24:00
Victoria Epelle founded Market Forward about a year ago and the company has executed projects both local and international and is making a name for itself in the field of Consulting and Project Management.
[South Africa] Founders Factory Africa partners with Small Foundation to champion digitization of agriculture
31-05-2021 | 09:41:21
FFA and Small Foundation will support over 18 agtech startups from across sub-Saharan Africa with their ideas and ventures to address challenges across the entire agricultural value chain.
Dream VC Launches Inaugural VC Fellowship Program For Africa
31-05-2021 | 07:24:47
Dream VC, a Remote Venture Capital Upskilling Institute, has launched a new fellowship program dedicated to providing more access and opportunities to traditionally underrepresented individuals in the African venture capital space.
The UN Food Systems Best Small Business competition: SMEs time to shine
28-05-2021 | 12:27:00
Small businesses around the world that help provide healthy food that is good for the environment. By being selected as one of the 50 winners, you will be receive worldwide media attention as we spotlight your business.
South African biotech startup LifeQ secures $47m in Series A funding
28-05-2021 | 09:28:00
South Africa and US-based biotech startup LifeQ secured $47 million in Series A funding from One Bio Venture Studio, a Cape Town-based VC and several other investors.
[Africa Tech Review] Duncan Mochama: E-commerce is a potential gold mine for women in Africa
27-05-2021 | 15:13:22
Africa’s e-commerce market could grow by more than $14.5 billion between 2025-2030. This is according to an IFC report published this week.
Kenyan Fintech Firm Kwara Among African Startups Selected for Norrsken Impact Accelerator Program
27-05-2021 | 07:23:00
Kenyan fintech firm Kwara is among the twenty startups, with eleven from Africa, selected to join the Norrsken Impact Accelerator.
[Kenya] Bolt Revises Fares Due to Increased Fuel Prices
24-05-2021 | 13:13:00
On-demand transport platform Bolt has revised its prices across all cities in Kenya in response to the increased cost of fuel in the country.
Flutterwave Partners with Amole to Facilitate Remittances into Ethiopia
24-05-2021 | 10:51:00
Fintech firm Flutterwave has partnered with Ethiopia’s mobile Digital Wallet platform, Amole, to facilitate money transfer into Ethiopia
[Nigeria] Starsight Energy deploys 950kW system for Big Cola Plant
24-05-2021 | 09:08:00
Starsight Energy, the leading African Commercial and Industrial solar power provider, is delighted to announce the completion of a 950kW solar system for the Big Bottling Company plant in Ogun State, Nigeria.
[Kenya] Safaricom foundation sets aside kes 100 million for Ndoto Zetu initiative
24-05-2021 | 08:56:00
Safaricom Foundation has set aside KES 100 million for its Ndoto Zetu initiative which calls upon Kenyans to partner with the Foundation which will focus on the implementation of community projects in health, education and economic empowerment
Ascent announces first close of Ascent Rift Valley Fund II
21-05-2021 | 00:28:00
African private equity fund manager Ascent announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at more than USD 100 million, significantly exceeding its initial target of USD 80 million.
Marriott hotels debuts in Nigeria with opening of Lagos Marriott hotel Ikeja
20-05-2021 | 23:38:50
Lagos Marriott Hotel Ikeja brings sophisticated spaces, enriching experiences and thoughtful service to the vibrant Nigerian city of Lagos.
Kenyan fintech firm Asilimia among 14 startups selected for Catapult: Inclusion Africa 2021 fintech bootcamp
20-05-2021 | 17:09:00
Asilimia, a Kenyan fintech is among the 14 Fintech start-ups selected to take part in the 2021 edition of CATAPULT: Inclusion Africa fintech bootcamp.
[Africa Tech Review] Duncan Mochama: Africa is banking on digital payments innovation to create digital economies.
20-05-2021 | 13:30:17
Every single day, hundreds of millions of payment transactions are completed across Africa via cards, mobile money, and digital payments. The continent is banking on digital payments innovation to create digital economies.
[Kenya] Pangea announces upto $3 million scale-up program for local startups
20-05-2021 | 13:21:00
Norwegian-based accelerator Pangea has unveiled a scale-up program offering private funding of up to $3 million and business support to enable locally funded startups to accelerate their enterprises to the next level.
Venture builder Satgana launches first portfolio startup in Kenya, Mazi Mobility
20-05-2021 | 13:02:00
After its launch in September last year, venture builder Satgana has announced its first portfolio startup from Nairobi, Kenya, Mazi Mobility, to address the issues faced by the public transport industry in the Global South by electrifying the motorcycle industry.
[South Africa] AlphaCode announces four startups taking part in the second phase of the AlphaCode Incubate programme
20-05-2021 | 08:25:00
AlphaCode has announced the four fintech startups that will be part of the second phase of the AlphaCode Incubate programme.
[South Africa] Fintech startup Ukheshe expanding to Asia-Pacific
20-05-2021 | 07:40:00
South African fintech startup Ukheshe Technologies has announced that it will be expanding its footprint into the Asia-Pacific region as it introduces innovative digital-first payment solutions.
[Kenya] E-commerce firm BeautyClick pens exclusive deal with Italian cosmetic brand NOUBA
17-05-2021 | 10:59:21
Kenya-based e-commerce firm BeautyClick has announced its exclusive distribution partnership with Italian cosmetic brand NOUBA to further establishing its fundamental approach to beauty to Kenya and the East Africa region.