Carry1st, an African mobile games publisher, has recently received a $27 million pre-Series B investment to help it grow its business and create more games. Bitkraft Ventures led the round, with backing from Andreessen Horowitz, TTV Capital, Alumni Ventures, Lateral Capital, Kepple Ventures, and Konvoy. Carry1st was founded in Cape Town, South Africa, in 2018…
Startupbootcamp AfriTech, Africa’s leading tech accelerator, has chosen the participants of the Africa Startup Initiative Program, in collaboration with founding partner and leading telecom giant, Telecel Group (ASIP). The ASIP Accelerator has been successful in assisting founders in fine-tuning their business models while also facilitating entry into new markets such as Senegal. This has been…
Cathedis, a logistics startup based in Morocco that specializes in delivery and e-logistics, has announced the completion of its pre-series. Afrimobility raised $5 million, AKWA Group provided venture capital, and CDG Invest provided a bridge loan of $2 million, for a total of $735,940. Cathedis’ platform, founded by Imad Mansour Zekri, provides cloud-based warehousing and…
Ten Kenyan agri-circularity startups have been chosen for the second edition of the O-Farms accelerator programme, which will award two peer-selected companies with up to EUR25,000 (US$24,000) in milestone-based grant funding. O-Farms, led by Bopinc and Village Capital and implemented by E4Impact Accelerator, was launched in 2021 as Africa’s first agri-circularity accelerator programme, with the…
Instagram has introduced a new feature called Quiet Mode, which is designed “to help people focus and encourage people to set boundaries with their friends and followers.” The feature, according to the company, aims to alleviate users’ anxiety about spending time away from the app by silencing incoming alerts, auto-replying to direct messages (DMs), and…
In conjunction with the IMF/World Bank annual meetings, forecasts released at the July World Economic Outlook in July 2022, projected Nigeria inflation to fall to 17% and an increase in its Gross Domestic Product GDP, to 3.4% in 2022 and 3.2% in 2023. Reprojected in October World Economic Outlook, Nigeria’s GDP is projected to drop to 3.2% in 2023…
AVEVA, a global leader in industrial software, today announced the completion of its acquisition by Schneider Electric, a leading global industrial company specializing in digital automation and energy management. Since its foundation, AVEVA has grown from a niche design software developer to a leading global industrial software company with a value of more than £10bn. Today, AVEVA’s…
The 2023 academic year is opening across Mzansi, with inland schools return date of 11 January, while coastal schools open on the 18th. “Your education is, of course, of absolute critical importance – especially for today’s young people who are adapting to a new digital and hybrid world, where social and student lives are intrinsically…
The fifth edition of Pitch Live at Africa Tech Summit Nairobi’s final deadline is approaching on Friday, January 20. Ten potential businesses will be chosen to present their technological breakthroughs live on stage to more than 1000 investors, corporations, and delegates. Tech startups from all over Africa can attend the Pitch Live event to obtain…
A US$500,000 competition has been launched by Forbes and the Aviram Foundation to find innovative companies dedicated to using technological innovation to create meaningful, substantial change. The competition, whose grand prize is US$500,000, seeks out unique goods or services that will have a positive influence on society, the environment, or people. Hundreds of entries were…
Applications are now being accepted for the 2023 Mentor-Driven Capital Africa Program for Women in Leadership, which is looking for mentors for the continent’s up-and-coming entrepreneurs. One of VC4A’s strategies for enhancing startup ecosystems worldwide is “mentor-driven capital.” The program’s objective is to equip aspiring and experienced business mentors with the resources they need to…
A Kenyan business called iGas has introduced a digital LPG marketplace with the goal of easing last-mile delivery, price, and accessibility issues to speed up access to clean cooking. iGas, a company that was founded in 2021 but only recently became publicly accessible, allows gas sellers, whether they are residential or commercial, to set up…
The Earthshot Reward, a global environmental prize to find, accelerate, and scale ground-breaking ideas to repair and renew the earth, has welcomed African startups to submit applications. Each year, the Earthshot Prize conducts a global search for game-changing solutions. To see the process through to completion, a global network of more than 350 nominating people…
For those who want to be among the first to access the verification for organizations program, Twitter is now accepting signups. The business said this along with a link to the registration form in their statement, adding that it was once known as Blue for Business. For consideration on the waitlist, organizations must submit their…
Global Executives, experts and leaders will take stage, as we return with the 7th Edition Connected Banking Summit in Nairobi, Kenya on March 7, 2023. The Connected Banking Summit Series focuses on building future-oriented banking models by accelerating the pace of digital transformation and delivering a delightful customer experience in line with policy and regulations…
Lagos, Nigeria’s commercial capital, is hosting the opening edition of Nigeria’s Top 50 Digital Economy Enablers February 14, 2023 at the prestigious Sheraton Hotel & Towers. Nigeria’s Digital Economy is evolving positively in spite of a diversity of challenges for organisations in the public and private sectors. Inspired by the need to express both the…
Peter Herweck, AVEVA CEO, will participate in the World Economic Forum 2023 (WEF 2023) in Davos, Switzerland to promote a sustainable industrial digital transformation in support of a lower carbon, socially just world. “AVEVA’s software has played an active role in accelerating the sustainability transition for industrial businesses for many years. At Davos this year, I look…
As part of its second startup exhibition, South African fintech company Stitch has invited early-stage businesses from around the continent to showcase their ideas to investors and other stakeholders. The organization, which held its first startup showcase last year, is currently seeking applications for the event’s second iteration. This infrastructure enables companies to develop, introduce,…
Ethiopia-based SaaS-enabled pan-African talent marketplace Gebeya recently announced a pre-Series A investment from Japanese venture capital firm Inclusion Japan. In more than 30 countries around Africa, Gebeya connects startups, SMEs, and multinational corporations with competent talent and professional services. Gebeya has operations in Kenya and Senegal in addition to its headquarters in Addis Abeba. “We…
Three Nigerian entrepreneurs have been confirmed as participants in the famed Silicon Valley incubator Y Combinator’s W23 class. In addition to other advantages, they will get US$500,000 in funding. The W23 batch of the Y Combinator program, which helped launch businesses like Airbnb, Coinbase, and Dropbox among others, is presently in session and will come…
Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced that its Sophos Intercept X Advanced with XDR solution has been named the top-ranked and sole leader in the Omdia Universe report for comprehensive extended detection and response (XDR) solutions. The global research company ranked Sophos’ product the highest in nearly all capabilities categories – excelling…
Today, Apple Maps gets a new tool that will help the service, which has been around for more than ten years, compete with Google better: business owners will now be able to update and manage their own information on the platform, including crucial information like business hours and location, photos, logos, special offers and promotions,…
For cohort three of the AUDA-NEPAD Home Grown Solutions Accelerator, which aims to offer emerging and mature-stage African healthcare enterprises with hands-on, highly targeted support in order to help them improve and flourish, applications are now being accepted. The program, which was conceptualized in response to the COVID-19 pandemic to realize the potential of local…
The 2022 AgriPitch Competition of the African Development Bank Group will include 25 youth-led agriculture sector businesses from 14 African nations. The Competition’s 25 finalists were revealed by the Bank in partnership with the implementing lead Private Equity Support, partner organizations Eldohub and the Private Finance Advisory Network, and the $140,000 in grants and business…
Google has announced that the Google for Startups Growth Academy: Cybersecurity program is currently accepting applications. The application will take into account startups wanting to scale worldwide and particularly states it is for Seed to Series A startups situated in Europe. The three-month school will be off in April with courses led by a combination…
Retail success in a highly interconnected, data-driven world requires a balance of multiple dimensions, including providing value to customers at the right time and in the right place, while also reducing friction, and increasing engagement. This is according to some of the findings in the ‘Future of retail’ e-book that contains insights from retail and consumer packaged…
December 2022: ONE Africa Digital Summit will spearhead a power-packed programme of mind-stretching conference content at the inaugural GITEX AFRICA 2023 in Morocco, unifying government and private sector leaders, policy makers, investors and academics, to steer Africa’s transformation into a single digital market. The one-day summit on 30 May 2023 at Mamounia Hotel, Marrakech, is poised to…
Sama, the primary subcontractor for content moderation for Meta in Africa, declared earlier on Tuesday that its hub in Kenya will be the final destination for its content moderation division due to the need to consolidate operations. This comes just after another lawsuit demanded that Meta increase its capability for content monitoring in Kenya, and…
A $2 million investment into 10 entrepreneurs creating solutions to increase the resilience of climate-vulnerable populations in Africa has been announced by pre-seed venture capital (VC) fund and accelerator Catalyst Fund. Pre-seed venture capital fund and accelerator Catalyst Fund supports high-impact tech firms looking to strengthen the resilience of underprivileged, climate-vulnerable populations. It collaborates with…
Next month, a “robot” lawyer powered by artificial intelligence will be the first of its kind to assist a defendant in fighting a traffic ticket in court. DoNotPay CEO Joshua Browder stated that the company’s AI-creation runs on a smartphone, listens to court arguments, and formulates responses for the defendant. Through headphones, the AI lawyer…