Fifteen teams of a total of 32 emerging African social entrepreneurs have been selected as winners of the 2018 Resolution Social Venture Challenge.
Submissions for the 2018 Meet The Farmers Conference Innov8Agric Challenge are now open.
Oil and gas executives and business leaders drawn from the oil and gas value chain will be gathering in Dar es Salaam, Tanzania, on Friday, 17th August 2018, for the launch of the Upstream Oil & Gas Awards.
Alibaba Group founder and Executive Chairman Jack Ma has launched a $10 million ‘Netpreneur’ Prize for African entrepreneurs. The money will be donated through his Jack Ma Foundation to support entrepreneurs working to address Africa’s most important challenges.
The upcoming third edition of the Nigeria Mining Week in Abuja from 15-17 October 2018 will provide access to all the practical knowledge, valuable connections, decision makers for would-be and established mining companies.
With competition across public and private sector now being driven by innovation, Kenyan institutions have invested heavily in modernizing operations and selling the convenience message to customers.
This has been perhaps one of the busiest weeks for African startups seeking funding to improve the operations or products.
Safaricom Foundation’s Wezesha programme has partnered with Generation Kenya to equip unemployed youth aged 18-35 with the knowledge, skills and tools required to succeed in a job.
The quest for convenience from businesses and a growing middle class has opened up doors for errand running businesses that offer a host of services from food deliveries, filling of returns and data entry services among others.
For the 10th anniversary of gamescom, during the largest European game convention, several African game developers will participate in devcom, the interdependent game developer conference.
The Competition Amendment Bill (Bill), introduced in parliament in South Africa recently, has clearly shown that enabling small and medium enterprises and Previously Disadvantaged Individuals to be able to successfully compete in the market.
The African Development Bank in partnership with the Federal Government of Nigeria has inaugurated a Task Force to drive its first Public-Private Round Table on Youth Employment and Skills Development.
WITS Enterprise has welcomed a new unit to its fold, The Entrepreneurial Wayz
The Village Enterprise Development Impact Bond (DIB), the first impact bond designed to reduce extreme poverty in rural sub-Saharan Africa, has closed its initial round of funding.
Africa Green Revolution Forum pulling together stakeholders in the agricultural landscape, will host a Dealroom connecting investors with business owners
AlphaCode, an incubation, acceleration and investment vehicle for early-stage financial services businesses powered by Rand Merchant Investment Holdings is looking for businesses or ideas that could change the face of financial services.
As industries grow, so does the job market, consumer satisfation and investor confidence. Nigeria is gaining a reputation as fertile ground for both business expansion and takeoff point for startups.
Kenyan agri-tech startup Tulaa, which allows smallholder farmers to access inputs, credit and markets, has raised a US$627,000 seed round to fund its continued expansion in the East African country and further develop its platform.
Out of the $560 million technology startup investments that entered Africa in 2017, Nigeria earned $114.6 million.
As part of its contribution towards building a financially savvy generation, The Nigerian Stock Exchange has partnered with Kinabuti Fashion Initiative to empower young people with entrepreneurial skills and financial literacy.
GreenTec Capital has announced its investment into Bismart Insurance from Kenya. Leveraging on cutting edge technology, the company provides a digital interface to offer insurance products and services across Africa.
At a time when the electricity needs of Africa continue to outstrip available supply, a company in Nigeria is investing in providing low cost, clean and sustainable energy to especially those not connected to the national grid.
Small businesses will be critical to South Africa in the 4th industrial revolution while access to information will revolutionize education.
American Founder of Pursue Your Purpose LLC and Forbes Coach, Tamiko Cuellar, will be launching a 4-city "Own Your Brilliance! Tour throughout South Africa and Namibia for aspiring and emerging women entrepreneurs.
A new study by the Access to Seeds Index evaluated 73 seed companies across 19 countries in Eastern and Southern Africa. This resulted in the selection of 22 companies best positioned to support the productivity of smallholder farmers and the SDGs.
Tshimologong Digital Innovation Precinct, founded by Wits University has today launched a Digital Content Hub, an incubator of innovative and creative audio-visual content, in partnership with Agence Française de Développement and the French Institute of South Africa.
A job to promote the blockbuster movie Black Panther may have been one of Osborne Macharia’s greatest breakthroughs, but it also embodied the long and adventurous journey for this Kenyan photographer and digital artist.
Alibaba Business School and the United Nations Conference on Trade and Development brought 29 young entrepreneurs from 11 countries across Africa to the Alibaba campus in Hangzhou, China for the third eFounders Fellowship cohort.
Liquid Telecom has partnered with AfriLabs, the largest network organisation of 100 innovation centres across 30 African countries, to explore new ways to support local start-ups and promote sustainable innovation across Africa.
TEMBISA, the Youth Employment Service has launched its first Community Hub, a smart infrastructure solution that aims to address youth unemployment challenges in South Africa.
The United Nations Development Programme (UNDP) has launched a Pan-African Entrepreneurship Portal-Platform, facilitated by Accenture.
Pan-African entrepreneurial training program, seed fund, and incubator MEST, has closed its third successful MEST Africa Summit.
Kenya will work with the U.N. Economic Commission for Africa (ECA) to protect and grow start-up tech innovations and to unlock pension funds to deploy in developing the country, President Uhuru Kenyatta has said.
The World Bank has approved a $50 million International Development Association credit to increase scale innovation and productivity amongst Kenya’s enterprises.
Ford Motor Company Fund is expanding its community empowerment and upliftment programs in South Africa with the establishment of the Booth Schoch Future Success Fund.
A 24-year-old Ugandan software engineer has won the Africa Prize for Engineering Innovation.
TFhost.ng a leading domain name registrar and hosting service company has broken bounds by earning quadruple accolades from the Nigerian superintendent registry.
The 2018 edition of Africa Code Week (ACW) has kicked-off in Madagascar with its first-part series of Train-the-Trainer (TTT) workshops.
AfriLabs, a network of technology and innovation hubs across Africa has admitted 40 new hubs; its largest hub admission to date into its network.
Microsoft and First Bank of Nigeria will collaborate to provide small- and medium-sized businesses (SMBs) with an array of resources and support, including business networks, technology services and SMB-targeted products.
Orange has partnered with Google through Orange Digital Ventures (ODV), the Group's corporate venture fund, to join forces in financing the best startups.
At first glance, one cannot help but notice that Nigeria is prime ground for investment. Any doubts as to that fact are dissolved when you examine the sheer number of startups being funded, especially in the ICT sector.
Nigeria’s Piggybank.ng, an online and mobile app savings platform targeted at African Millennials, today announces that it has closed on Seed Funding of $1.1M.
Ugandan innovation Matibabu tests for malaria quickly, accurately and without drawing blood wins Africa Prize for Engineering Innovation
[Nigeria] Touchbal Pictures raises $20,000 funding from GenesysTechHub to support product development
Touchabl Pictures has announced a raise of $20,000 Pre-seed funding from GenesysTechHub to support product development.
[Africa Tech Week] Beyond borders partnerships herald new ICT dawn, Great tidings for tech startups, investment in technology soars
The Africa tech week has been abuzz with news of cross border public and private sector partnerships, companies aligning themselves with the burgeoning demands of the continent’s ICT sector and the growing IT spend.
[Nigeria Business Week] With Construction, Agribusiness, Oil and Gas and startup hubs, Nigeria leaves no sector behind
Two years ago Nigeria was as good as drowning in debts, unemployment, reduced investment and general widespread discontent. Today, though still a work in progress, the country has exited recession and is fast regaining its momentum.
We have gained good traction especially in the transport sector, we were able to process over 5million transactions and about $40 million dollars in 2017 on our platform.
The Nigerian oil and gas scene remains as active as ever, with changes surfacing on an almost daily basis. Last week saw the country’s first Marine Engineering Center commence its programs of 18 month academic and field work, which will lead to a masters in Marine Engineering.
Growing up in Namibia there were several careers to choose from we were told. Study hard, become a doctor, lawyer, accountant, nurse or architect. Perhaps even an engineer if you were that way inclined.
Africa Business Communities is lauching a Tech Platform and is looking for African Startups for both Interviews and Columnists
“Insurtech has gained momentum over the last two years in South Africa. It was initially seen as a major threat by insurance companies, but now insurers are taking a far more proactive approach to seizing opportunities in this space and are starting to collaborate with startups."
“Insurtech has gained momentum over the last two years in South Africa. It was initially seen as a major threat by insurance companies, but now insurers are taking a far more proactive approach to seize opportunities in this space and are starting to collaborate with startups."
This partnership will enable I/O Spaces to become a première destination for African Companies looking to expand into the United States and by offering our membership services to the AfriLabs network, said Leslie Tita, Cofounder of I/O SPACES.
Mastercard and Unilever have expanded their strategic partnership to help micro entrepreneurs in Africa and other regions overcome the cash constraints that limit their ability to buy and sell more products and ultimately grow their businesses.
The Economic Commission for Africa is establishing a fund to promote African women entrepreneurs as economic and business leaders, the institution’s Executive Secretary Vera Songwe has said.
US based innovation workspace for the local and African Diaspora startups I/O Spaces and AfriLabs have announced a strategic partnership to provide AfriLabs Hub Startups access to I/O’s Creator Community, Events, Classes and Office Space.
GE Partners Lagos State, Others to Host Technology Conference for Nigerian Start-ups in the United States
Governor of Lagos State, H.E Akinwumi Ambode, delivered the keynote speech entitled ‘The Role of Technopreneurs in Lagos: An Emerging Smart City’
Orange Digital Ventures invests in Africa’s Talking, leading distributor of mobile communication and payment APIs to developers
Upon completion, Africa’s Talking plans to accelerate its internationalisation to support its clients’ expansion strategies
The United Bank of Egypt (UB) and the Industrial Development Authority (IDA) signed a joint cooperation protocol last week aimed at supporting small and medium enterprises (SMEs).
The program that is co-designed by African people to create solutions can then be adapted to match local service needs has been implemented by 14 partners all over Africa and EU, in Uganda, it will be implemented by both Hive Colab and Women in Technology in Uganda
Pan-African banking group Ecobank, is inviting African fintech entrepreneurs to enter its Ecobank Fintech Challenge.Now in its second year, the initiative gives African start-ups the chance to promote their fintech solutions.
Entrepreneurs across Africa are using innovative design skills to create an international buzz.
MFS Africa, a leading Pan-African FinTech company, today announced a $4.5m Series B funding round led by LUN Partners Group, a China-based global investment management group.
Organized in collaboration with the Dakar office of Dalberg, an international strategy consulting firm, a new incubation program that aims to regroup Dakar's most innovative early-stage entrepreneurs, Incuberation was launched as Impact Dakar's first incubation program.
Consultancy.org, a global platform for the international consulting industry, has made a foray into the South African market. The launch of Consultancy.co.za expands the startup’s online footprint to cover Africa’s most important market for consulting services.
Zoto, a product of Hedonmark Management Services Limited and Nigeria’s growing payment solution, today announces that its transacting user base and order volume grew by 56% and 200% respectively.
Jackie Macharia, a 26-year-old software developer based in Nairobi, works for a company headquartered in London that sets up solar panels in India.
Zoto, a product of Hedonmark Management Services Limited and Nigeria’s growing payment solution, today announces that its transacting user base and order volume grew by 56% and 200% respectively in the last financial year.
Leroy Mwasaru a 20-year-old Kenyan runs Greenpact, a social enterprise creating biogas and fertilizer made from human and organic waste.
StartCredits is a Nigerian financial technology startup that is redefining borrowing by offering competitive terms that reduce interest rates while advancing transparency.
[Column] Bob Koigi: Positioning Sub Saharan Africa small businesses to reap global markets' dividends
Global merchandise trade has been on a meteoric rise for the last ten years with exports of manufactured goods hitting the $1 trillion mark in 2016 according to the latest world trade statistical review by the World Trade Organization.
Verhaal, a Nigerian startup has been working with SMEs and entrepreneurs in digital and social media marketing at a time when companies in the country are increasingly expressing appetite for new media advertising to reach a wider online community.
Mastercard has completed its acquisition of mobile payments technology company Oltio from Standard Bank Group.
Farmcrowdy, Nigeria's digital agriculture platform which allows Nigerians to venture in and sponsor agriculture, has been named as a recipient of a $325,000 grant from dedicated GSMA global team.
1bank4all is a social fintech startup that seeks to promote the social welfare of poor individuals and communities through innovative low cost banking model.
Digital ecosystems and entrepreneurs are essential to innovation and development in Africa.
Zoto, a Nigerian technology company has been leveraging Nigeria’s ICT boom to provide quick and seamless payment facility.
Farmforte, a budding Nigerian Agriculture startup was the cynosure of all eyes at the just concluded Fruit Logistica in Berlin, Germany which is the largest fruit and vegetable exhibition on the planet.
Austin Zungu a South African entrepreneur is developing a one-of-a-kind inbuilt power harvesting technology that reduces dependency on plug-in-charging while providing eco- friendly power to mobile communication devices.
Jara Mobile Limited, a Nigerian startup, runs an innovative bills payment platform that integrates various retailers into one loyalty programme, giving customers the leeway of doing more with less money.
African Ministers and heads of delegations attending the third Forum on Science, Technology and Innovation in Africa have committed to support the continent’s youth to build tomorrow’s society through innovation.
As developing countries tap into the unrivaled potential of financial technologies to boost financial inclusion, United Pay Ltd, a Mauritius based company is working with banks to provide innovative digital payment solutions.
Two sisters are sating demand for Africa’s cuisine among Nairobians from a food truck and earning from it.
A unique suite of support services is available to power the growth of micro and small enterprises in Africa.
David Mbuta is the founder of Ubuntu Meal Delivery Services Ltd, a Zambian startup that is riding on a burgeoning working class conscious about their health and looking for convenience.
Afriscanlink I/S is a consultancy firm based in Denmark that is positioning African businesses in the global marketplace while connecting African SMEs to international clients.
IFC, a member of the World Bank Group, has announced new financing of R1.2 billion, $100 million, to support FNB’s lending to small and medium enterprises, with a focus on women-owned businesses.
The international tech community is nurturing Africa’s digital ecosystem by supporting skills development, technology adoption and the growth of digital businesses across the continent.
Goodwell Investments has raised $25 million, 20 million Euro, from over 30 investors for investments in inclusive economy in Sub-Saharan Africa.
An idea that was hatched at a Kenyan University as a student’s project over a year ago has now metamorphosed into a regional business offering startups a chance at embracing technology to make intelligent decisions to foster growth.
The future of technical education in Egypt has received a significant boost with the completion of a seven-day workshop for 1,300 Egyptian technical school teachers and administrators from 60 vocational schools in 11 governorates across Egypt.
At a time when African startups are struggling with access to information on funding and transforming ideas to successful businesses, even as investors express growing appetite for the African startup market, BaobabFund is bridging this information gap.
Angola Investment Fund mulls performance-based forgivable loans for entrepreneurs and small businesses
The Angola Investment Fund (AIF) Board of Directors are investigating similar programs that could offer entrepreneurs and small business in Angola a performance-based forgivable loan options when they are looking to grow.
In order to support the digital transformation of the African continent, Proparco has taken a $ 5 million stake in TLCOM TIDE AFRICA FUND, a fund that will finance young innovative companies in sub-Saharan Africa.
Cairo Angels, Egypt’s first formal angel investors’ network has launched the Mint startup incubator, created in partnership with EG Bank.
Rensource, a Lagos-based renewable energy startup, has raised $3.5 million in bridge financing to expand its business. This is coming nearly 2 years after a previous seed round of $1.1m in 2016.
African startups have been on a meteoric rise, positioning themselves as key players in the African economies, boosting innovation, and businesses while creating employment
Hermann Kamte, young Cameroonian architect and the founder of company Hermann Kamte & Associates (HKA), is the driving force behind the famous sketch of Lagos Wooden Tower.
Olalekan Akinseye runs a clothing brand in Nigeria that is tapping the evolving nature of fashion and the apparel industry to champion the war on cancer.