Chefaa
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Egyptian e-health startup, Chefaa receives funding to facilitate growth

Chefaa, an Egyptian e-health startup, has raised an undisclosed amount of funding to help it expand its network, launch a new product, and enter new markets. Chefaa, founded in 2017 by Rasha Rady and Doaa Aref, is an e-pharmacy platform that offers a complete healthcare experience. The startup provides users with compliant, ethical, and patient-centric…

Mali Magic

Google Arts & Culture announces Mali Magic & Timbuktu manuscripts

Mali Magic, a digital treasure trove aimed at preserving and showcasing Mali’s historic and contemporary art and culture, was launched today by Google. Google Arts & Culture has been collaborating with local and international organizations (see list below) since 2015 to digitize, curate, and share Mali’s incredible stories and rich heritage. Google Arts & Culture…

Antler

Antler closes oversubscribed East Africa fund at $13.5m to bolster early stage tech startups

Antler, an early-stage investor, has closed its oversubscribed East Africa investment fund at a cost of US$13.5 million in order to continue supporting early-stage tech startups in the region. Antler is the world’s most active early-stage investor, having invested in hundreds of technology startups and thousands of entrepreneurs across six continents. To date, the company…

Westerwelle Foundation

Westerwelle Foundation will build a new startup hub in Arusha

The Westerwelle Foundation and Obuntu Hub have joined forces to build Arusha’s largest startup hub, with the ambitious goal of boosting Tanzanian entrepreneurship and the economy as a whole. The Westerwelle Foundation is a non-profit organization based in Germany with the mission of empowering entrepreneurs in emerging markets. It already has hubs in Kigali and…

Banking Sector
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3 Technologies that are Transforming the Banking Sector in Africa

Technology has transcended race, culture, and class to become a powerful tool for transforming businesses across the African continent. The rapid penetration of the internet in African regions, as well as the digitization of businesses worldwide, have been major catalysts in the new technology-driven era, with the potential to catapult the socioeconomic growth of many…

Functional Website

Why Smes In Africa Need A Functional Website For Intercontinental Trade Opportunities

The vision of every business is to achieve set goals, meet the demands of clients and create solutions peculiar to life challenges. Irrespective of the drive of a business, accomplishing more results with less resources is usually an approach most use in achieving these visions. Thanks to the impact of digitization in day-to-day activities, every business ranging…

Dash

Dash, a Ghanaian payments app, secures $32.8 million in seed funding

Dash, a Ghana-based unified payments software company, announced that it has raised $32.8 million in an oversubscribed seed round to aid in the interoperability of digital payment networks across Africa. The round was led by New York-based Insight Venture Partners. Other investors in the round included ASK Capital, Techstars, Guillaume Pousaz’s Zinal Growth Partners, Jitendra…

Smart-addressing startup, OkHi completes $1.5 million in a seed round to expand across Nigeria

Smart-addressing startup, OkHi completes $1.5 million in a seed round to expand across Nigeria

OkHi, a smart-addressing startup, has announced a $1.5 million seed extension round following a $1.5 million seed round in 2020. Following the completion of this seed round, the startup intends to focus on onboarding more institutions in order to reach its goal of having one million verified addresses in its database by 2022. Founders Factory…

Tobi Asehinde ??Founder of Digital Marketing Skill Institute (DMSI) and Accredital

DMSI Launches Accredital Job Matching Platform to Connect Businesses with Exceptional Digital Marketing Professionals

Digital Marketing Skill Institute, a global leader in the education of Digital Skills has announced the launch of its newest product, Accredital, a platform that matches businesses both home and abroad with rigorously trained and tested digital marketing talents using Artificial Intelligence (AI). Accredital, the first of its kind, is quickly establishing itself as the…

TeamApt

Apply: TeamApt’s Women in Tech internship in partnership with Ingressive for Good

TeamApt, one of Nigeria’s leading Fintechs that provides a financial platform for businesses, is now accepting applications for its ‘The Apt 5’ 2022 Women in Tech internship program. This year, it is leveraging the Ingressive for Good community to ensure that as many women as possible have access to opportunity. With over 150,000 businesses and…

Fintech innovations

Fintech innovations remain the driving force of DR Congo’s startup sector

Access to basic financial services in the Democratic Republic of the Congo is severely limited, as it is in most Sub-Saharan African countries (DRC). Only 14 percent of the population has a bank account, and only 25 percent has an account with any banking or financial institution. Furthermore, the French-speaking country has less than 35…

Tendo
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Ghanaian e-commerce startup Tendo opens office in Nigeria after securing robust backing

Tendo, a Ghanaian startup that allows anyone to sell online with no upfront inventory, has launched in Nigeria with the support of industry heavyweights such as Catalyst Fund, Google, and Y Combinator. Tendo, which debuted last year, has created a mobile app that connects dropshippers with local wholesalers. Sellers on the platform can use social…

Green Enterprise Accelerator

Application is now open for EU-funded Ugandan Green Enterprise Accelerator

The fourth and final edition of the European Union (EU)-funded Uganda Green Enterprise Finance Accelerator (UGEFA) has opened for applications, which provides sustainable Ugandan enterprises with support to scale and contribute to a green and inclusive economy. UGEFA is implemented by adelphi Research gGmbH, a leading global independent “think and do tank” on environment and…

Naqla

Egyptian trucking logistics startup, Naqla secures $10.5m pre-Series A round

Naqla, an Egyptian trucking logistics startup, has raised a pre-Series A funding round of $10.5 million in order to expand further in 2022. Naqla, founded in 2017 by Sherif Taher and Samer Sallam, is an app-based trucking technology marketplace that connects truck owners with cargo companies. By automating orders between shippers and drivers, the startup…

Sophos
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Sophos Research Details How Conti Gang, Karma Dual Ransomware Attack Hold Business Hostage

Sophos, a global leader in next-generation cybersecurity, today released findings of a dual ransomware attack where extortion notes left by Karma ransomware operators were encrypted 24 hours later by Conti, another ransomware gang that was in the target’s network at the same time. Sophos details the dual attacks in the article, “Conti and Karma Actors Attack Healthcare…

Mowarrid

Sary, a Saudi firm, has acquired the Egyptian B2B marketplace Mowarrid

Mowarrid, an Egyptian B2B marketplace, has been acquired by Sary, a Saudi B2B e-commerce company, as the latter expands its footprint across the MENA region. Mowarrid, founded in 2018 by Ahmed Essam, is focused on the B2B food and grocery markets, allowing over 10,000 retailers to digitally procure all of their needs across a variety…

Cybersecurity

The Real Reason Why Women Are Marginalized in Cybersecurity

Cybersecurity is one of the industries that suffers from significant bias and gender stereotypes. This field is becoming increasingly important in our digital world, and as a result, it offers a variety of rewarding career paths and opportunities. However, there are still significant barriers and misperceptions that lead women to believe that a career in…

Bitmama card
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Bitmama Launches Physical Crypto Cards for Easy in-store Payments Globally

Bitmama becomes first African blockchain company to launch Physical Crypto Cards for in-store payments globally Leading blockchain company, Bitmama pioneers a new feature, Physical Crypto Cards for users in the African market. Lagos, Nigeria – Monday, Mar 8, 2022. Today, leading blockchain company Bitmama, announces its latest product – Physical Crypto Cards. This comes three…

Rocket Health

Uganda’s Rocket Health secures $5m Series A round to promote East African expansion

Rocket Health, a telemedicine and last-mile healthcare provider based in Uganda, has closed a $5 million Series A funding round to accelerate its technology roadmap and geographical expansion into Uganda and Kenya. Rocket Health, which was founded in 2012, is Uganda’s leading telemedicine provider, providing an end-to-end healthcare experience to over 25,000 individual patients. The…

African Small Business Catalyst
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African Small Business Catalyst Initative Emerges to Help Small Businesses in Africa Scale Faster

The African Small Business Catalyst (ASBC), a business accelerator for early growth-stage small and medium-sized enterprises (SMEs) in Sub-Saharan Africa, has been launched by the US International Development Finance Corporation (DFC) and the US African Development Foundation (USADF). The ASBC seeks to assist SMEs in four countries: Ivory Coast, Nigeria, Senegal, and Uganda, with a…

Moderna

Moderna is Developing its First African Vaccine Plant in Kenya Worth $500M

Moderna, a biotechnology and pharmaceuticals company based in Massachusetts, is planning to build a manufacturing facility in Kenya to produce mRNA vaccines, including those for COVID-19. The facility will be Moderna’s first manufacturing plant in Africa, with the company investing $500 million in its construction in order to supply up to 500 million doses of…

Google
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Google Vows to Support African Women Entrepreneurs With $1-Million

Google.org, the company’s philanthropic arm, announced today that it will donate $1 million (R15.3 million) to programs that help women entrepreneurs grow their businesses, as part of a series of new initiatives aimed at supporting women-owned businesses. According to Mojolaoluwa Aderemi Makinde, Head Brand and Reputation, Africa – Google, “research shows that 58 percent of…

Datacentrix

South Africa’s Datacentrix Excels at the HPE Channel Awards 2022

Datacentrix excelled at the recent Hewlett Packard Enterprise (HPE) South Africa Channel Partner awards ceremony held at Fancourt in the Western Cape, taking home the title of HPE Overall FY21 Partner of the Year, as well as seven other hotly contested awards. “This year’s HPE awards ceremony was probably our most successful to date,” says…

Vula Mobile
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SA e-health startup Vula Mobile collaborates with Novartis to enhance eye care services across Africa

Vula Mobile, a South African medical referral app and online platform that hosts a network of health professionals, has partnered with leading pharmaceutical firm Novartis to improve eye care services in Sub-Saharan Africa. Primary health care workers can connect with specialists via the Vula Mobile digital platform, allowing for faster assessment of eye conditions and…

Minsob Logou develops $12,000 mini tractors for the West African market

Minsob Logou develops $12,000 mini tractors for the West African market

Seeing imported agricultural machinery – often paid for by the government or donors – lying abandoned due to a lack of local servicing or parts motivated Minsob Logou to invest his time, money, and energy into a local solution for farmers. As a result, the Logoutrac mini-tractor was born. This award-winning Togolese inventor is venturing…

Kouncel
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Kouncel, an Egyptian legal ed-tech business secures $1.2 million in pre-seed funding

Kouncel, an Egyptian legal ed-tech startup, has raised US$1.2 million in pre-seed funding to help it grow. The fundraising round was attended by Zaldi Capital, the African Development Bank (AfDB), the Academy for Scientific Research and Technology (ASRT), and the Egyptian entrepreneurship development initiative Tanmia wa Tatweer. The funds will be used to expand the…

Microsoft
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Microsoft to invest $500 million in African startups to accelerate their growth

Microsoft intends to provide $500 million in potential funding to African startups with the help of venture capitalists in order to help them grow quickly. The Africa Transformation Office will launch a series of new initiatives over the next five years with the goal of assisting 10,000 African businesses in reaching their full potential. With…

WhatsApp Group Polls

WhatsApp Group Polls Feature Seen in Development on the Most Recent iOS Beta

According to a popular WhatsApp feature tracker, WhatsApp is working on a new feature that will allow users to create polls in group chats. The world’s most popular messaging service is currently working on a few features that will not be available to beta testers, including the ability to respond to specific messages with emoji….

Codecademy

Codecademy, Black, and Brilliant have launched an AI accelerator in Africa

Codecademy, a leading online learning platform for technical skills, is teaming up with the advocacy organization Black and Brilliant to launch an applied artificial intelligence accelerator and mentorship program in Africa. Following the launch of their first accelerator together in 2021, the organizations are reuniting to bring the program to Africa and empower a new…