The CcHUB’s Creative Economy Practice has selected 15 entrepreneurs to participate in the Createch Accelerator 1.0 program, which will provide them with knowledge, networks, and assistance to help them accelerate their journey to profitability, scalability, and institutional financing. The selected startups will have access to a network of Creative Economy leaders, including the ATCG network…
As it continues to expand across Africa, Nigerian cryptocurrency exchange Yellow Card has added Ivory Coast to its list of 16 countries where it operates. Yellow Card, which was founded in 2018 and launched in Nigeria in 2019, allows anyone in Africa to buy cryptocurrencies such as Bitcoin, Ethereum, and USDT Stablecoin with cash, mobile…
Solar Sister, Inc. and LivelyHoods Kenya have combined in a move that is projected to provide millions of individuals in Sub-Saharan Africa with economic opportunities and renewable energy. Solar Sister’s operations in Nigeria and Tanzania will be combined with LivelyHoods’ network in Kenya, resulting in greater effect on the three most pressing concerns of our…
Gebeya Inc., a Pan-African marketplace for freelance professional talent, has announced a new relationship with the Blacks In Technology (BIT) Foundation, a global community that provides training, networking, and mentorship services to Africans working in the technology area. By serving as a connecting channel for a global professional network and freelancing marketplace, our alliance will…
The latest development in Visa’s Practical Business Skills (PBS) initiative, which offers potential partners integration and co-branded opportunities to contribute to business transformation and empowerment, is their partnership with Trace Academia, a mobile-based learning application that aims to enable 26 million youth across Africa. The collaboration provides a free online learning platform with a variety…
Nigeria’s Federal Government intends to work with the Korean government to train 200,000 civil officials on the eGovernment program over the next five years in order to accelerate the objective to make Nigeria a paperless government by 2030. The project’s initial phase has already trained 1400 government employees. According to The Guardian Nigeria, the Minister…
A Nigerian man, Chidi Nwaubani has launched the “Looty” project, which aims to restore African antiques taken by European colonists by creating 3-D reconstructions of them, selling them as non-fungible tokens (NFTs), and donating the proceeds to young African artists. Objects taken during the colonial period have recently been returned to their countries of origin,…
Boris Bison (BB) Incubator, a Cameroon-based business incubator, has partnered with Ludique Works, a pan-African video game publishing company, and Start North, a Finnish technology learning accelerator network, to bring their technologically advanced learning environments, known as ‘5G Mokki Tech Spaces,’ to the African continent. Mr. H.E. Bassilekin III Achille, Cameroon’s Minister for Small and…
FoondaMate, a South African edTech company, has raised $2 million in a seed round headed by LocalGlobe, a UK-based venture capital firm, to grow its Whatsapp and Facebook-based learning chatbot abroad. Other investors included Emerge Education, FirstCheckAfrica‘s Odunayo Eweniyi, Future Africa’s Iyin Aboyeji, and LoftyInc, as well as Luno’s Marcus Swanepoel and Justworks’ Isaac Oates….
VerifyMe Nigeria, a digital identification and consumer analytics technology business, has developed a digital plate number verification solution that immediately verifies motor vehicle and owner data via plate numbers. VerifyMe continues to bring relevant products to market, such as license plate verification, to assist support growth in the fintech, insurance, and services industries. These industry-enabling…
The initial impact report from Honoris United Universities, Africa’s first and largest pan-African network of private higher education institutions. Honoris’ commitment to Education for Impact for students, their families, and communities across Africa is highlighted in the report, which estimates that Honoris has altered over 770,000 lives in Africa by educating its students for fulfilling…
Sophos, a global leader in next-generation cybersecurity, today announced it has been named a leader in the 2022 KuppingerCole Leadership Compass for Endpoint Protection, Detection and Response. It is commended as an Overall Leader, sweeping all product, innovation and market leadership ratings. “An increasing number of organizations are being hit with ransomware, and the average ransom payment…
Sylndr, Egypt’s online used-car store, has raised $12.6 million in a pre-seed round headed by RAED Ventures, with participation from Algebra Ventures, Nuwa Capital, 1984 Ventures, Worldwide Founders Capital, and a number of well-known regional and worldwide angel investors. Sylndr wants to establish confidence in the used-car business by making it easy for clients to…
Jamit is a “social audio network” based in Nigeria that assists African podcasters with content creation and links them with listeners. Jamit bills itself as “the African podcaster’s platform, made with love from Africa, for African podcast listeners and creators,” and was founded in 2018 by Stan Agbadugo and Ike Orizu. In 2019, the company…
AfriLabs, an African hubs network, has launched the AfriLabs Academy to provide startup ecosystem enablers with the skills and training they need to support African businesses. AfriLabs is a network organization that supports over 340 innovation centers in 52 African countries, with the goal of creating a community around Africa’s fast-growing technological hubs. The AfriLabs…
Doxx launches a digital platform in the Middle East and North Africa (MENA) region, connecting medical professionals and institutional healthcare providers such as pharmacies, labs, scans, and insurance companies to support the patient’s medical journey, increase accuracy, and improve service quality while lowering healthcare costs. The startup raised $1.5 million in a seed round headed…
ADH Twitter Space is a monthly forum hosted by Orodata Science whose mission is to continue to democratize data, and knowledge towards solutions that impact the lives of millions. The goal is to drive an incisive conversation and share learnings on the wins, missteps, and impact of the Covid19 pandemic on the continent. The Africa…
A lot has changed since the dawn of technology around the world, especially with the arrival of the internet. The emergence of the internet a few years ago also saw the birth of digital lending. Borrowing money and getting loans have become easier thanks to new technology, and the previous technique of borrowing was not…
The Californian company has finally decided to take the bulls by the horns after months of waiting. The Snapdragon 8+ Gen 1 was recently introduced by Qualcomm, and it is built by TSMC rather than Samsung, as rumors had suggested. To be honest, we were expecting the Snapdragon 8 Gen 1 Plus, but it was…
Autocheck, a Nigerian auto-tech firm, has purchased KIFAL Auto, a Moroccan competitor, to help it expand into the North African market. Autocheck’s goal is to create digital solutions that will improve and enable a seamless and secure automotive commerce experience throughout Africa. By developing a single platform for consumers’ automotive needs, from sourcing and financing…
Mastercard and fintech firm OPay have launched a strategic relationship that will bring digital commerce to millions of people across Africa and the Middle East, paving the way for greater financial inclusion and economic development. Thanks to a Mastercard virtual payment solution linked to the OPay eWallet, OPay users and merchants throughout the area –…
The ShelterTech Sub-Saharan Africa accelerator program, run by the global non-profit Habitat for Humanity, is now accepting proposals from entrepreneurs with scalable solutions to today’s affordable housing concerns. ShelterTech is an affordable housing innovation platform that works across sectors, industries, and geographies to support and grow cutting-edge products and services that can help low-income households…
With Timbuktu, the home of the United Nations Development Programme’s (UNDP) new innovation funding hub, Rwanda is quickly becoming Africa’s first significant digital hub. The UNDP’s goal for the new hub is to jumpstart Africa’s startup boom. It also seeks to debate early-stage risk capital gaps, as well as cultivate global-class entrepreneurs and create the…
Apple intends to make accessibility tools available to people with disabilities. In honor of World Accessibility Day on Thursday, Apple introduced innovative software advancements that give consumers with disabilities new ways to explore, interact, and get the most out of Apple devices (May 19). Door Detection Thanks to developments in technology, software, and machine learning,…
The fifth batch of innovators, ventures delivering digital AT or using digital to expand access to AT products or services, has been unveiled by Innovate Now, Africa’s Assistive Technology (AT) Accelerator. The digital AT and entrepreneurship initiative, led by Global Disability Innovation Hub (GDI Hub), is a collaboration between GDI Hub, ICT Norway, Norad, and…
LinkedIn, an American job-search social networking site, has raised membership fees and tariffs for premium services by up to Sh 1,400 ($12.03) each account. According to Business Daily, Kenya implemented a 16 percent value-added tax (VAT) on digital transactions for international corporations through the Finance Act of 2019. “We’d like to give you a critical…
Nile, a South African agri-tech firm that uses its platform to allow purchasers to buy directly from Africa’s top food producers, has raised a ZAR83 million (US$5.1 million) equity fundraising round headed by Naspers Foundry. Nile was founded in 2020 with the goal of providing farmers with digital solutions to address several pain points associated…
RapidDeploy, a South African emergency response platform, has raised equity capital from Nedbank CIB, the Nedbank Group’s corporate and investment banking division, one of the country’s four main banking companies. RapidDeploy is an open and integrated response technology founded by Steven Raucher and Brett Meyerowitz that transforms any size first responder communications center into a…
Victory Farms, a tilapia fish aquaculture firm with hatcheries, nursery ponds, and deep-water cages, has raised $5 million in new capital. Ed Brakeman, a senior managing director at Bain Capital, and Hans den Bieman, the founder and former CEO of Mowi, one of the world’s largest fish companies, led the investment. Following seven internal angel…
Meta Pay is rumored to be a cryptocurrency-friendly payment platform from Meta. The parent company of social media behemoths Facebook and Instagram has submitted five patent applications with the US Patent and Trademark Office (USPTO). Meta is looking for licenses to operate as a “online social networking service for investors that allows financial trades and…