Catalyst Fund, the global inclusive fintech accelerator, has announced that six new fintech startups, from Nigeria, South Africa, Mexico and India are joining its existing portfolio of 31 companies.
Team RM is launching a major entrepreneurial program entitled African Program for Investment in Entrepreneurship.
Suguba is organizing their second 6-month investment readiness program in West Africa to support the 8 most promising startups in the digital sector in Francophone West Africa.
VC4A is targeting disruptive African scale-ups looking to raise between $500K and $10 million.
Tomato Jos, an agro-processing company focused on the local production of high-quality tomato paste for the African market, has completed a €3.9 million Series A round.
Carbon in an effort to improve the experience of its customers, has launched Carbon Express - A keyboard extension that allows customers to access Carbon services from within whatever app they are using.
Tunisia has launched a contact-tracing mobile phone app that identifies and alerts users who may have had contact with others infected with the new coronavirus.
Innovate Now Accelerator Programme seeks African mobile solutions to assist persons with disabilities
Innovate Now, is seeking applications from innovators across the African continent who are dedicated to developing mobile based technologies designed to assist people living with disabilities.
Zulzi, a South Africa based on-demand delivery platform has bagged R30 million ($1.6 million) funding from an unnamed JSE-listed company, aimed to expand its operations.
African data science competition platform Zindi has released the first of its machine learning solutions to help fight the COVID-19 pandemic.
AUDA-NEPAD and Ecobank have agreed to collaborate on a continental initiative to support African MSMEs as they face the economic and social challenges posed by the COVID-19 pandemic.
Africa Business Communities and Startup Weekly are conducting a series of interviews with startup businesses all over the world
A partnership between Nigerian-American legal and business firm, Menes Konsult and Asian Franchise Academy (AFA) has opened doors for African businesses to benefit from franchising opportunities.
EFour Enterprises LLC has launched ESchool, a pioneering small business initiative that delivers professional business coaching and skills development to entrepreneurs remotely via the internet.
Startup Genome has announced a partnership with the United Nations agency International Trade Centre to support and showcase the growing startup ecosystem in Kampala, Uganda.
The $100,000 GoGettaz Agripreneur Prize Competition 2020 has been launched amidst the coronavirus pandemic to give hope and support to the agripreneurs on the African continent.
The GSMA opened applications for the Innovation Fund for Mobile Internet Adoption and Digital Inclusion.
The EBRD, together with the European Union (EU), is stepping up efforts to support small and medium-sized enterprises managed and owned by businesswomen in Morocco, in the face of the coronavirus pandemic.
Digital startup Gravity is among the ID2020 inaugural class of digital identity solutions to have received the ID2020 Certification Mark.
Standard Bank Group, the largest African bank by assets, has announced two new technology start-ups who have been selected and accepted into the Founders Factory Africa (FFA) Venture Scale programme.
HUMBL® and One Kiosk® will be teaming up to pilot the HUMBL Mobile Pay, HUMBL Point-of-Sale (POS) and HUMBL Hubs® delivery network.
The MEST Africa Challenge returns for its third year, offering up to $50,000 in equity investment for startups based in Côte d'Ivoire, Ethiopia, Ghana, Kenya, Nigeria, Rwanda, Sénégal, South Africa and Tanzania.
African entrepreneurs need to be at the forefront of innovation and proactively be looking at strategies that will solve the foreseeable problems that will arise.
GreenTec has invested in Coliba, an innovative Cote D’Ivoire-based recycling and waste management start-up addressing plastic waste.
Wimbart has launched its first edition of Wimbart Office Hours, a webinar and mentorship programme designed to equip African start-ups with the PR tools required to achieve their business goals.
Botswana food delivery startup MyFoodness has rebranded as Yamee and announced its entry into the Tanzanian market with a launch in Dar es Salaam.
As economies take a hit from the impacts of the Coronavirus pandemic, the crisis is birthing opportunities and continues to create crucial lessons on resilience and adaptation especially in Africa.
[South Africa] Data sharing platform Omnisient receives funding from Nedbank, Investec and Compass Venture Capital
Omnisient, a Cape Town-based Privacy-by-Design startup that specializes in secure data sharing for businesses, has landed pre-Series A funding from Nedbank CIB, Investec and Compass Venture Capital.
Africa Business Communities interviews the Cyrus Mulinge, the CEO of Trots Technologies, a Kenyan based mobile commerce platform.
Mathias Pwol is the CEO and producer of Trillaman Studio, an entertainment and media startup based in Lagos Nigeria.
Agricultural Solutions Kenya has been working with rural communities and youth in the supply of agricultural machinery, biogas installations and training.
Hummingbird Impact is raising a $20M blended-finance impact fund to invest in scalable, tech-enabled social ventures at the pre-Seed, Seed and Series A stages.
Fresh From The Farm Agric World Ltd is a Nigeria startup that buys agricultural produce from farmers and supplies them to retail stores and markets. The CEO and founder Mathias Pwol explains.
Stanley Njeru is the CEO of Buyer Logistics Limited, a Kenyan-based startup offering freight forwading, custom clearance, warehousing and motor vehicle importation services.
Cairo-based fresh bread and groceries delivery startup Breadfast has raised a seven-figure bridge funding round as it prepares for its Series B.
WomenChoice Industries – a manufacturer and distributor of low-cost reusable sanitary towels has raised US$ 200,000 funding from Gray Matters Capital’s gender lens portfolio - coLABS
Nathaniel Ndegwa is the Managing Director of Tipping Point Media, a Kenyan digital marketing startup that has now grown its clientele to 15 countries.
Egyptian shuttle-hailing company SWVL has today announced the appointment of Dip Patel as its General Manager in Kenya.
David Finchman is the Director of Tilapia Farming company in South Africa that is looking todevelop the infant industry across Africa.
Dr.3pleA Company is a tech startup domiciled in Nigeria that offers a host of services among them HR Management consulting, e-learning and provision of information on investment in real estate.
Dochase is a Nigerian data startup that assists businesses understand their markets, clientele with a view to boosting their sales and customer numbers.
CoffeeMM, a South African startup in the coffee business has been working with smallholder farmers inSouth Africa, Mozambique, Burundi and Zimbabwe to process their raw coffee for the retail market.
Priscilla Musenge runs a Zambia-based startup Prote-IN producing low cost, high quality protein alternatives from insects to make fish, chicken, pig feed, fertilizer as well as for human consumption.
Kaspersky Innovation Hub (IHub) is calling on tech startups from across Africa and the rest of the world to apply for the second round of its Open Innovation Program.
[Kenya] Microsoft launches start-ups initiative to empower social entrepreneurs to achieve more using technology
Microsoft, through its Microsoft for Start-ups initiative, announced the launch of its Global Social Entrepreneurship programme at a plenary session of the Sankalp Africa Summit 2020 held in Nairobi, Kenya.
Christelle Assirou, a serial entrepreneur from Côte d’Ivoire, is revolutionizing e-commerce in her country and beyond.
GreenTec Capital Patners has invested in Ecodudu, a Kenya-based waste-to-value company producing high-quality insect-based protein for animal feed and organic fertilizers from recycled organic matter.
South Africa’s on-demand insurance technology (Insurtech) startup JaSure has raised funding from the country’s leading short-term insurer Santam.
The Mastercard Foundation Centre for Innovative Teaching and Learning in Information, Communications, and Technology (ICT) has announced the first 12 African EdTech startups for its first cohort.
PT SportSuite is a South African company whose mission is to digitally disrupt the sporting industry’s media landscape by allowing sporting organisations to operate like commercially-minded modern media houses.
Babatunde Akin-Moses is the CEO of Sycamore a Nigerian company offering peer to peer lending while connecting lenders to borrowers.
On-demand Technology delivery firm Glovo has launched a new technical center in Nairobi in a bid to enhance its service levels to consumers and riders.
Reuben Abuloye is the CEO of Buyavrika, a Nigeria-based startup that provides an online market place for African Art and African inspired wear.
With customers spread across 10 countries, Pan-African cloud computing and ecommerce solutions provider Addicnet is redefining cloud computing landscape in the continent through its unique offerings.
Transpare is a Morocco-based startup offering a digital platform targeting shippers and freight forwarders.
Ecobank Group, the pan-African banking group, has opened invitations to African fintech entrepreneurs to enter the 3rd edition of the Ecobank Fintech Challenge.
Carbon has set up a $100,000 Pan-African fund to address the lack of funding and support holding back budding tech entrepreneurs on the continent.
Peter Muturi is the Director of Pertom Digital an IT startup offering its services in Kenya.
Royal DSM has partnered with Generation Unlimited and Sight & Life to provide opportunities for young entrepreneurs through the development of agri-food businesses.
Singapore and Kenyan based Fintech startup ‘Wapi Pay’ has raised seed capital through the accelerator Future Hub making it its first Fintech Investment in Africa.
Egyptian e-health startup Vezeeta has raised a US$40 million Series D funding led by UAE-based Gulf Capital, alongside further investment from existing Riyadh-based investor Saudi Technology Ventures (STV).
Ghana-based startup Kolics Company Limited has been in the business of manufacturing ecofriendly footwear from recycled materials since 2017.
Oluwatosin Dada is the CEO of Dadus Properties, a Nigerian real estate startup of property development and management consultants.
Emmanuel Ashirifi is the founder of Ghana-based startup BDN-Africa that is creating systems and processes to ease doing business across Africa therefore fostering integration.
Nigerian fintech start-up, Aella has raised a $10m debt financing round, from HQ Financial Group to bolster the company’s commitment to serve the underbanked population in West Africa.
MentorLycon is a tech startup headquartered in Russia with an active presence in Egypt and expanding to other African countries.
As more companies and institutions in Africa leverage onthe power of Artificial Intelligence to accelerate growth, Fastagger a Kenyan startup is accelerating AI applications.
Cavin Mugarura is the CEO of Skooldesk, a startup redefining e-learning in Uganda.
CapitalPower Multimedia Ltd is a Nigeria-based multimedia startup whose core services include photography, videography, documentary production, drone services, animation, graphic design and prints.
Sanofi is launching four challenges for African startups to find innovative solutions to improve access to healthcare and transform the health ecosystem throughout the continent.
Nigerian real-time verification startup Chekkit is among the 12 startups from around the world that have been inducted into 8th edition of the Merck Accelerator.
Egyptian food delivery tech startup elmenus has raised $8 million Series B funding round. The round was co-led by UAE-based VC fund, Global Ventures, and Egypt’s Algebra Ventures.
TLcom, the Africa-focused Venture Capital firm, today announces it has secured an additional $31M for its TIDE Africa Fund, bringing its Sub Saharan Africa (SSA)-focused fund to $71mn
Africa Business Communities is conducting a series of interviews with startup businesses in Africa
South Africa's Artificial Intelligence (AI) startup GotBot has received a significant investment boost to the value of R2,5-million from venture capital firm, Capacitech.
Taimba, a Kenyan based agri-tech startup connecting rural smallholder farmers to urban retailers has recieved €250,000 funding from partnership with Enviu and the DOEN Foundation.
French multinational energy utility company ENGIE has announced the five credit scoring startups that will pitch on the Africa Startup Summit at the Africa Tech Summit in Kigali.
Founders Factory Africa, a seed investor has accepted five more African tech startups into its Venture Scale programme.
Kenyan on-demand delivery platform Sendy has raised a $20 million Series B led by Atlantica Ventures and backed Toyota Tsusho Corporation.
The first-ever Startup Guide Africa Series 2020 is looking for entrepreneurs, innovators, accelerators, experts and co-working spaces.
Despite this momentum, however, there’s a concerning trend: Globally, women-led start-ups only receive two percent of all venture capital (VC) funding – and the picture within enterprise tech is dimmer.
Made up of 15 young professionals, farmers and students, the Ngerenya Youth Group was formed in 2018 through Farm Africa’s Cashew and Sesame Value Chain Project.
The Board of the African Development Bank has approved a $22 million Senior Loan to help Egypt’s Corporate Leasing Company (Corplease) expand its operations in the North African country.
Google has launched its first Google Developers Space for African developers, entrepreneurs and startups in Lagos, Nigeria.
Agribusiness makes an important contribution to the Tunisian economy, representing the third largest manufacturing sector and accounting for 9.5% of gross added value.
MTN Cameroon has published the results of the Cameroonian edition of the MoMo Developer Hackathon Challenge 2019 competition that was launched in October 2019.
Software investor, Five Elms Capital, is investing $30m in Skynamo, field sales app and management platform provider.
A Cape Town-based startup, Creative Crafting Club has launched an online platform that bridges the gap between entrepreneurship for stay-at-home parents and education for tots-to-tweens.
Venture capital (VC) is not easily available to every startup, but recently, VC investors hinted at a big year ahead for the B2B FinTech space.
Often regarded as one of the orphan crops the West African yam is making a big come back and conquering international markets thanks to the value addition efforts of Lateef Apau Wiredu.
South Africa’s fintech startup Meerkat have been selected to participate in Catalyst Funds latest cohort to launch their innovative low-cost savings product to the South African market.
2019 was the best year yet for investment into the African tech startup space, with 311 companies banking a combined US$491.6 million.
The European Commission (EU) signed four guarantee agreements worth €216 million that will help unlock €2 billion to invest in renewables, urban infrastructure and start-ups in Africa and the Neighbourhood.
Nigeria’s fintech and payment startup, Flutterwave, has raised about $35 million series B funding from Worldpay FIS.
SqwidNet has again challenged South African entrepreneurs to use technology to solve every-day challenges in the next round of their IoT Entrepreneurship Programme (IoT) E.
Timbu, a Mauritian based online travel agency has launched an investment arm to fund and invest in Kenyan travel and hospitality startups.
The UK’s Department for Digital Culture, Media and Sport launches scheme to develop next generation of African start-ups.
SEAF Morocco Growth Fund (SMGF), an investment fund has completed its fourth investment with its acquisition of stake in SOWIT, an agritech company specializing in precision agriculture in Africa.
Janngo has pledged €60 million to back technology startups with a double bottom line approach through its dedicated investment vehicle Janngo Capital Startup Fund.
Africa’s reference platform for next-gen content, Digital Lab Africa (DLA), has launched its next call for applications.