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.
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.
Hummingbird Impact is raising a $20M blended-finance impact fund to invest in scalable, tech-enabled social ventures at the pre-Seed, Seed and Series A stages.
Stanley Njeru is the CEO of Buyer Logistics Limited, a Kenyan-based startup offering freight forwading, custom clearance, warehousing and motor vehicle importation services.
WomenChoice Industries – a manufacturer and distributor of low-cost reusable sanitary towels has raised US$ 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
George Kissinger Adem is the Founder and CEO of House of Kissinger, a Kenyan online lifestyle management platform that connects Tourists/VIPs/Expatriates to their favourite luxury and essential goods & services.
[Kenya] African Guarantee Fund receives $33M financing from German's KfW Development Bank to support African SMEs
African Guarantee Fund (AGF) has received an additional USD 33M financing from German lender KfW Development Bank to support African SMEs
Nigerian fintech startup Trove has secured an undisclosed amount of funding from Nigerian asset management firm, ARM.
SWVL which has been having a tough ride trying to set its foot in the matatu business in Kenya says it is committed to the Kenya market and are not considering leaving.
African tech startups this year tapped millions of dollars by taking part in and winning startup competitions - at least over $6million collectively, by Ventureburn’s calculations.
Nigeria’s Digital content distribution platform Publiseer has launched an initiative that seeks to bridge the gender imbalance gap in the field of digital media.
Kenyan start-up Alternative Circle has been recognized as one of the top fintechs in a first ever survey on the emerging industry, globally.
4G Capital is pleased to announce the completion of its second round of fundraising. The investment was secured by a $2m debt facility from Ceniarth LLC, bringing the total raised to $4million.
The third edition of the Mastercard Index of Women Entrepreneurs has listed three African countries as global leaders in terms of women-owned businesses.
Carbon, Nigeria’s digital financial services company, has launched in Kenya.
AfriLabs, the pan-African network of tech and innovation hubs, has launched the AfriLabs Capacity Building Programme
MTN Cameroon has announced the end of the first phase of its MTN Youth Internship Programme
Cross-border payment startup Chipper Cash has raised $6 million seed round led by Deciens Capital to expand into Southern Africa.
Global investment firm Partech announces its 2019 milestones and investment in African fintech startups
Partech is a global investment firm with offices in San Francisco, Paris, Berlin and Dakar has announced the completion of eight transactions, six new deals and two follow-on investments in 2019.
Farmshine, a Nairobi based agritech start-up has raised a USD 250,000 funding from US-based impact investor Gray Matters Capital’s gender lens sector-agnostic portfolio – GMC coLABS.
Kenyan based media production and podcast network start-up PortableVoices has announced a podcast distribution partnership with Afripods, an African focused platform for podcasters with head office in Nairobi.
The African Union Development Agency (AUDA-NEPAD) will be launching its first Business Bootcamp for 100 SME’s in Africa on 4 to 6 December 2019 in Lomé Togo, in partnership with Ecobank.
Game-changing entrepreneurs in the digital and technology space are turning problems into business opportunities, creating jobs and improving lives.
uLesson, Sim Shagaya’s edtech startup, that aims to address infrastructure and learning gaps in Africa has raised $3.1mn Seed Round.
AWS Startup Days are free events for early-stage founders, developers, and investors that aim to help early-stage founders build quickly with AWS services.
KfW Development Bank together with Allianz Global Investors have set up a fund of funds that will provide financial resources for African private equity and venture capital funds.
Samsung South Africa is running a search for two established black industrials in the e-waste sector, which require financial and business support, to take their business to the next level.
The Jack Ma Foundation has hosted its first annual Africa Netpreneur Prize Initiative (ANPI) grand finale awarding $1 million in prize money to 10 entrepreneurs from across Africa.
Rand Merchant Investments, through its fintech investment arm, AlphaCode, has taken a 25.1% stake in Guidepost, a high-touch diabetes health and insurtech innovator that is poised for international expansion.
Standard Chartered Bank injected KShs 6.3 billion in direct and indirect lending to Micro, Small and Medium enterprises (SME) in 9 months to September 2019
Nigeria’s young tech sector faces a major hurdle in an unreliable power supply, with the average tech firm reporting over 30 power outages per month, according to a major new survey.
Walid Amer is an experienced Certified Management Accountant with proven leadership expertise in assisting others in understanding the instrumental role finance data plays in improving business processes.
Truecaller has announced that it is launching its developer program in Kenya and revealed that their app is the second highest-grossing app in the country.
Nigeria’s leading e-payments company Interswitch has acquired a majority stake in healthcare technology startup e-Clat.
uKheshe, South Africa’s QR cash card and micro transaction platform will reward 20 entrepreneurs with R25 000 this summer in its “Go cashless” campaign.
Glovo, which links motorcycle riders to consumers wishing to buy and deliver products, has partnered with News Cafe in a move aimed at expanding their market footprint in the country.