South African startup myFanPark merges with Starsona to create a global celebrity engagement platform
South African startup myFanPark has announced its merger with Silicon Valley-based celebrity engagement platform Starsona.
International nonprofit economic development organization TechnoServe is partnering with the Aspen Network of Development Entrepreneurs (ANDE), to host the 4th Virtual Micro Retail Stakeholder Forum.
Website builder BaseKit is set to partner with Liquid Telecom to provide a website and eCommerce builder to customers of the African communications provider.
African entrepreneurs in digital agriculture will have new opportunities to secure support and investment as the African Green Revolution Forum takes on the AgriHack Talent project.
Vooora Ventures, the first sportstech Accelerator in MENA, powered by Kooora.com, the digital sports platform in the Arab World, signed an acceleration partnership agreement with Malaeb, a community app that connects people through sports.
[Column] Patrick Ndegwa: Celebrating startups and digital businesses that are uplifting African communities
The positive, far-reaching impact the digital economy has had on various industries has also translated into benefitting and changing the lives of individuals, families, and communities across our continent
25 African tech startups have qualified for the Seedstars World Competition 2020. The startups are among the 94 from emerging markets that were selected to advance to the regional stage of the competition.
Microsoft recently hosted a virtual roundtable – further reaffirming its commitment to digitally transforming the agricultural sector has emerged as key to long-term growth in Africa.
As part of its Young Africa Works program in Senegal, the Mastercard Foundation has partnered with Pan-African fintech InTouch to support the 10 000 Jambaars project, which will deploy a network of 10,000 agents to provide digital services.
The Kenyan government has called for increased public-private partnerships across the country in efforts to promote innovation in the country.
African fintech startup Chipper Cash has secured a $30 Million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions — the personal venture capital fund of Amazon CEO Jeff Bezos.
South African fintech startup Ukheshe today announced it has entered into an agreement to acquire Oltio, a startup that developed Mastercard’s QR payment service in South Africa
On-demand delivery startup Glpvo has announced that it's expanding its operations to two more towns in Kenya - Eldoret and Kisumu this month.
Six African tech startups and one Jordanian startup have secured funding from Orange Ventures Africa & Middle East.
Ibnsina Pharma signed an agreement to acquire 75% stake in Egyptian health and beauty products startup 3elagi Tech, a platform that links pharmacies with patients to order medicines and cosmetics online.
AI Media Group launches Africa’s first AI-focused free investment matchmaking service for African startups
The AI Media Group has launched Africa’s first artificial intelligence (AI) focused, free investment matchmaking service which aims to connect African AI-focused startups to investors and venture capitalists.
Bridge for Billions launches its Global Investors Network to connect entrepreneurs with investment opportunities
Bridge for Billions has launched its Global Investors Network, which aims to help make the investment ecosystem accessible to all promising purpose-driven ventures.
Africa-focused Morocco-based B2B VC fund Outlierz Ventures has announced new investments into three Nigerian startups - Bamboo, Youverify and Healthlane.
[Kenya] PortableVoices partners with East African Educational Publishers to produce and distribute pan-African audiobooks.
Kenyan audio production startup PortableVoices has partnered with East African Educational Publishers to produce and distribute pan-african audiobooks.
Almasi Ndangili is the founder of Imarisha East Africa Productions Ltd, a Kenya-based talent academy promoting education through edutainment.
25 young African agripreneurs advance to ‘boot camp’ in the African Development Bank’s $120,000 AgriPitch Competition
Twenty-five young African agripreneurs have advanced to the “boot camp” final round of the African Development Bank’s AgriPitch competition.
[Kenya] Fintech company Kwara launches Customer Success Traineeship Program for university graduates
Kwara, a digital banking platform in Kenya today announced the launch of a Customer Success Traineeship Program targeting university graduates in Kenya.
The Orange Foundation has announced the winners of its fourth International Solidarity FabLabs Challenge. The winners were announced by Elizabeth Tchoungui, the Orange Group’s Executive Director for CSR.
Nigeria’s HR startup SeamlessHR has closed a seven-figure deal as it seeks to expand across other African markets led by US-based Lateral Capital and Lagos-based Consonance Investment Managers.
Africa’s startups have never been more investible than now. There is a growing number of professional ‘super angels’ involved in record-breaking deals.
US-based impact investor Gray Matters Capital announced its funding in Kenya's agritech startup Farmers Pride, a one stop e-commerce platform that connects village level farmers to quality inputs, services and information.
Mohammed VI Polytechnic University partners with Plug and Play to launch accelerator programme in Morocco
Mohammed VI Polytechnic University (UM6P), an academic and research institution, has partnered with global innovation platform, Plug and Play, to launch an Open Innovation Hub in Morocco.
Paxful, the global crypto marketplace powered by people announced adding Uhuru Wallet as a payment method to their platform to ease money transfers for users in South Africa.
Aerial vehicle Artificial Intelligence startup ATLAN Space has raised $1m Series A funding from Maroc Numeric Fund II with participation from Hilmi Law Firm and Cadex Group, for business expansion.
iHub owned by Co-creation Hub (CcHUB) has announced the acquisition of edtech startup and digital educational content provider eLimu.
Imperial partners with Kenyan logistic startup Lori Systems to expand e-logistics technology solutions across Africa
Imperial, an African and European-focused provider of integrated market access and logistics solutions, announced an investment in and partnership with Lori Systems to expand its cutting-edge e-logistics technology solutions across Africa.
Ashoka has launched an initiative to support African social entrepreneurs at the forefront of developing solutions that address various issues linked to the COVID-19.
Ingressive Capital, a $10 million VC fund targeting early-stage startups across Sub-Saharan Africa, announced its investment in Nigerian rental financing startup Kwaba.
Middle East and North Africa (MENA) healthtech startup Vezeeta has expanded its footprint into Kenya by launching a platform that will enable Kenyans access doctors from their smart phones.
Swedfund invests in femtech e-commerce startup Kasha Global to support women’s health in East Africa
Swedfund, the Swedish Development finance institution, announced its investment in Kasha Global, a Femtech e-commerce platform with subsidiaries in Rwanda and Kenya, to support women’s health and self-care.
Catalyst Fund, managed by BFA Global, is an accelerator that supports inclusive tech innovators and facilitates the growth of innovation ecosystems in emerging markets. Jane del Sur directs this program in Ghana, West Africa.
Algeria state owned oil company Sonatrach has partnered with the National Agency for the Promotion of Research and Technological Development Results (ANVREDET), to establish a university incubator for start-ups.
Standard Bank, Mastercard and Google have announced a collaboration to help SMEs move their businesses online, accept digital payments and attract more customers.
As the covid-19 pandemic continues to devastate economies and take a toll on businesses, Kenya’s telecommunication giant Safaricom has reiterated its commitment to work with SMEs who have borne the greatest brunt of the virus.
@iBizAfrica-Strathmore University in partnership with Standard Chartered Bank Kenya launched the Fourth Cohort of the Women in Tech 2020 program.
Stripe has entered into an agreement to acquire Paystack, a fintech startup based in Lagos, to make it easy for organizations of all sizes to collect payments from around the world, and help increase Africa’s online GDP.
Egyptian last-mile delivery startup dreevo launches operations with pre-seed funding from EF Logistics
Egyptian last-mile delivery focused startup dreevo raised a six figure US dollar in a bootstrap, pre-seed funding round from EF Logistics, a third party logistic services provider, to introduce agile and affordable technological solutions.
The Global Startup Awards (GSA), largest independent startup ecosystem awards platform with a mission to find, recognise and connect the future shapers of the digital age from all around the world, will now be expanding across Africa.
German tech startup CloudRadar is launching its cloud-based IT-monitoring service in South Africa, ahead of further global expansion, to help ensure IT stability for regional businesses in the face of rapid, pandemic-fuelled digitisation.
We have a great advantage in Kenya as a nation of young, vibrant and highly creative youth.
Good Nature Agro, a Zambian company working from end-to-end within the specialised legume value chains, has closed Series A equity funding totaling $2.1 million.
Nigerian mobility startup MAX.ng partners with DLM Capital to transform transportation finance in Africa
Metro Africa Xpress, a mobility platform in Nigeria and West Africa, announced the successful issuance of a ₦400m 1-year fixed-rate notes under its newly structured ₦10bn/$22m Private Company Bond program.
The World Business Angels Investment Forum announced the African Development Bank as its newest Board Member.
AirSmat, a Nigeria-based Pan-African Software company, has received a boost of $100,000 from Zetogon as pre-seeding investment to help the organization on the journey to deliver world-class service in Africa.
Mastercard announces Fintech Express to empower Middle East and Africa fintechs to launch and expand rapidly
Mastercard has launched Fintech Express in the Middle East and Africa (MEA), a program designed to facilitate emerging fintechs’ launch and expansion.
Nigeria's financial services provider ARM launched ARM Sandbox, a new and more efficient way for fintechs to scale their integration and customer acquisition plans.
Trust Payments, the global unified payments group for global pay-in, pay-out and customer journey technologies, has partnered with social network, messaging and e-commerce startup Wakanda Messenger.
Nigerian e-commerce startup Kwik Delivery releases WooCommerce plugin, enabling 2-hour deliveries for online merchants
Nigerian e-commerce startup Kwik Delivery released a WooCommerce plugin, enabling thousands of Nigerian online merchants to integrate seamlessly its delivery service to their WordPress online stores.
Kenyan technology startup, xetova, has been named 2020 Global Solve finalist by Massachusetts Institute of Technology (MIT) in the health security and pandemics track.
GreenTec has announced its investment in Freshbag, an innovative digital Cameroon platform that connects farmers and vendors to ensure a fair and reliable food supply network.
Digital Horizon venture fund has invested in Y Combinator alumnus Healthlane, the startup focusing on modern, online consultations for local and remote patients, alongside traditional face-to-face public health services across Africa.
The Africa Telecommunication Union (ATU) launched the ATU Africa Innovations Challenge 2020, a competition designed to identify and support young African innovators who have developed useful mobile applications.
Ada Labs Africa with headquarters in Nairobi, Kenya announced that since it’s launch earlier this year, the fusion lab has acquired six startups. The Lab currently has two in the market with the other four launching in the coming months.
Mental health is said to be a state of well-being in which an individual realizes his or her own abilities, to cope with the normal stresses of life, work productively, and is able to make a contribution to his or her community.
An upsurge in cases of malnutrition among children in rural Tanzania, combined with the issue of poor markets for farmers, inspired Jolenta Joseph to venture into the nutrition business in 2017.
Glovo, the on-demand delivery startup, has reported an increase in deliveries and cashless payments on its platform since the onset of Covid-19 in Kenya.
Mastercard has announced the expansion of its Accelerate fintech portfolio, adding dynamic entrepreneurs to its award-winning startup engagement program Start Path and more technology partners to its Engage network.
Twelve renewable energy start-ups have successfully completed a 16-week incubation program run by the NCIC and funded and supported by off-grid energy impact investment company All On.
Startup entrepreneurs are working to harness Africa’s potential. Together they represent a critical pipeline of innovation that is driving high growth high impact solutions on the continent.
Savanna Circuit is a tech a Kenyan company that manufactures and distributes last mile non-refrigerant solar-powered milk chillers that can be placed on any means of transportation – from motorbikes to trucks.
Mastercard has announced the expansion of its Accelerate fintech portfolio, adding dynamic entrepreneurs to its award-winning startup engagement program Start Path.
Ecobank Group has announced the finalists from the 2020 Ecobank Fintech Challenge. The challenge, in its third edition, is designed to deepen collaboration between Ecobank and Fintechs with Africa focused products.
Entrepreneurs from Nigeria and Tanzania running innovative businesses to address malnutrition emerged winners in this year’s SUN Pitch Competition organised by the SUN Business Network.
Marieme Esther Dassanou is the Coordinator of Affirmative Finance Action for Women in Africa (AFAWA) the African Development Bank’s flagship pan-African initiative
VC4A has launched a call for African startups looking to raise between $150K and $1 million.
YuPlan Limited is a Zimbabwe digital startup that allows customers to book a venue from anywhere in the world.
Anzisha Prize Hall of Fame highlights ten successful Africans who embraced entrepreneurship at an early age
The Anzisha Prize, a partnership with African Leadership Academy and Mastercard Foundation, is celebrating ten African entrepreneurs whose transitions into entrepreneurship started before the age of 25.
IFC is joining forces with the National Bank of Egypt and MSMEDA to strengthen the clean technology entrepreneurship sector and boost Egyptian farmers’ access to finance for solar irrigation.
GreenTec Capital Partners has announced its investment in Pricepally, an innovative digital Nigerian wholesale platform allowing users to purchase food and other products either individually or as a part of a group.
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.