Standard Bank and the SA SME Fund have backed venture capital firm Knife Capital’s new USD50 million African Series B expansion fund, Knife Fund III, along with other respectable investors. The Fund’s mission is to close a crucial funding gap for follow-on projects while investing in the growth of African businesses that are driven by…
Kenyan agri-circularity firms are encouraged to apply to participate in the second O-Farms accelerator program, which will provide milestone-based grant funding of up to EUR25,000 (US$24,000) to two peer-selected companies. O-Farms was established in 2021 as Africa’s first agri-circularity-focused accelerator program, led by Bopinc and Village Capital, and administered by E4Impact Accelerator, with the intention…
Global cryptocurrency exchange KuCoin is celebrating its fifth anniversary and announcing commemorative events while outlining its strategy for the coming years. 5-year highlights Since its founding in 2017, KuCoin has expanded from its original seven co-founders to a highly effective team of over 1,000 people across the globe, scaling 142 times. The exchange currently serves 20…
Through a partnership with Meta and the Innovation Growth Hub (IGHub), Sendy, a technology startup that creates simple tech solutions that help businesses sell, move items, and acquire financing, is providing free training for SMEs on how to expand their enterprises. Through the Meta Boost training program, small and medium-sized enterprises (SMEs), business owners, and…
Lagos, Nigeria, 23rd September 2022 – Orodata Science is thrilled to announce recipients and the start of the second cohort of the ADH Community Journalism Fellowship programme. The 3-month program’s objective is to improve media capacity to advance news coverage of under-reported issues in local communities across Nigeria using technology, focusing on potential solutions with lasting impact…
Startups from Cape Town are welcome to apply for Bootcamp to Boardroom’s nine-month entrepreneurship program, which is currently in its second year of operation. Bootcamp to Boardroom is a program sponsored by the Entrepreneurs’ Organization (EO) and Over The Rainbow Foundation that aims to mentor and assist emerging start-ups. It is organized in collaboration with…
Four new startups have been selected for the latest cohort of The Baobab Network (TBN), a Nairobi-based accelerator that funds and supports the growth of early-stage internet companies throughout Africa. Startups from Nigeria, Ethiopia, and two South African companies make up the cohort. Oval Interactive, a Nigerian interactive martech platform, offers businesses the chance to…
Bamboo, one of the top online brokerage companies in Nigeria, has entered Ghana, making it the first transnational brokerage app in west Africa. The more than 50,000 people on Bamboo Ghana’s waitlist will now be able to purchase and invest in stocks from US businesses like Apple Inc. and Tesla thanks to a collaboration with…
Most design teams work hard to deliver solutions with complex systems. And all teams, usually, have to discover two things: What is the real solution our customer needs? Does this solution apply to generalists or specialists? The answer to these questions requires a proper product discovery before committing any resources. So before we jump in…
GIG Logistics (GIGL), Africa’s leading tech-driven delivery company, has expanded its services to China. This brings the total number of countries in which it is currently active to four. GIGL has already established branches in Ghana, the United States, and the United Kingdom, in addition to Nigeria. GIGL, through this expansion, will help to fix…
Organisations’ commitment to improving their sustainability is at a high, but the rising price of renewable energy and carbon offsetting is forcing a rethink of how to reduce carbon emissions. Many organisations are moving on from the ‘simple’ decisions to change energy supplier or to outsource carbon offsetting and are looking at what technology can…
Technology’s capacity to foster growth and development is more apparent than ever. In that, the influence of technology cannot be overstated, from streamlining routine tasks to creating ground-breaking solutions. Technology has been extensively adopted throughout generations and that there is still an expectancy for it to meet future needs. A growing demand for qualified technologists exists…
Youcef Oudjidane was the managing partner and head of EMEA (Europe, Middle East, and Africa) at Class 5 Global, a San Francisco-based venture fund with a keen interest in emerging markets, two years before co-founding Sudanese fintech Bloom after failing to find startups tackling currency depreciation in Africa to invest in. However, Class 5 was…
Jumia is a tech company that is constantly in the news. From diversifying into Q-commerce to expanding into other tech fields, the company’s accomplishments explain why it is the leading e-commerce platform in the African countries in which it operates. Jumia has now launched an integrated warehouse and logistics network facility in Nairobi, Kenya’s technological…
Binance, a leading blockchain ecosystem and cryptocurrency infrastructure provider, has launched a crypto education tour in five French-speaking African countries as part of its mission to drive blockchain adoption and increase financial accessibility in the region. Participants in the meet-ups learn the fundamentals of blockchain, discover how others are using crypto in their daily lives,…
According to Microsoft, the Windows 11 2022 update is now available for download and will be distributed in more than 190 nations worldwide. The business claims that it is prioritizing innovation in four critical areas: simplicity of use, productivity, connection, and security. This is the first significant upgrade to Windows 11. Along with updating and…
Women Who Build Africa (WWBA), an inclusive group of women and non-binary individuals working in or near the ICT industry, has started operating and hosting events. Thea Sokolowski, head of marketing at Stitch, and Gwera Kiwana, crypto founder in residence at MFS Africa, founded WWBA, which has chapters in several African regions. The objective of…
An online bank in Nigeria named Eyowo has announced the introduction of the “e Better Card,” a digital-first debit card. The Eyowo debit card is a numberless Mastercard that allows cardholders access to a secure and smooth payment experience by safely keeping their payment information in the Eyowo X mobile app. This eliminates the possibility…
With the debut of the nation’s first plugin made to aid in the battle against climate change, South African startup Curbon will enable carbon-neutral online purchasing with the aim of reducing carbon emissions. With every online purchase, customers can take direct, significant climate action thanks to Curbon’s innovative solution. The startup’s flagship product calculates the…
The Smart Africa Digital Academy (SADA), the capacity-building arm of Smart Africa, continues to grow its presence in Africa, with Côte d’Ivoire being the newest nation to gain from the program for developing digital skills. The program, which was started in collaboration with the Ministry of Communication and Digital Economy, will provide digital skills to…
Villgro Africa has asked innovative ideas that address the shortage of access to high-quality, reasonably priced healthcare in Africa to apply for financing and support. With the opening of Villgro Kenya, an early-stage business incubator and impact investor that provides mentoring, funding, and access to networks to startups in the healthcare and life sciences sector…
Art of Technology Lagos is an annual tech conference curated by Eko Innovation Centre, one of the leading tech hubs in Nigeria, curators of events like MarkHack, Lagos Smart Meter Hackathon, EkoClimathon, Security Hackathon amongst others, in collaboration with the Lagos State Government – the economic and technology epicentre of Nigeria. The conference brings together technology…
Adobe is reportedly closing a deal to acquire Figma, a startup based in the United States that creates online design collaboration tools. According to reports, the transaction could be completed for around $20 billion, as Adobe seeks to expand its portfolio of collaboration-focused platforms geared for the hybrid-work era. The leading software company is increasingly…
The Internet Service Providers Association (ISPA), in collaboration with the Wireless Access Providers Association of South Africa (WAPA) and the Wireless Application Service Provider Association (WASPA), announces the launch of phase one of the ICT Skills Registry, a searchable database containing the profiles and skill sets of candidates interested in a career in the ICT…
ABUJA; 16.09.2022: Nigerian Software Testing Qualification Board (NGSTQB) has disclosed plans to host the first Software Testing Conference in Nigeria dubbed ‘TestNigeria Conference 1.0’. NGSTQB is a member of the International Software Testing Qualifications Board (ISTQB); the world’s leading organization for Certification of Professionals in Software Testing. NGSTQB was officially registered as a Board with the Corporate Affairs…
Grindstone, a South African accelerator, and Enterprise Singapore (EnterpriseSG) have announced a pilot program that would allow Singaporean tech start-ups to enter the South African market. The program will be administered by the Global Innovation Alliance (GIA), a network of Singapore and foreign partners in significant innovation hubs in 15 cities worldwide, according to a…
For the first time outside of Latin America, EBANX, a worldwide fintech company, intends to expand its payment gateway solution and business operations to Africa. The 10-year-old unicorn, which operates in 15 Latin American nations and has processed over $1 billion in payments, wants to concentrate initially on mobile money in Africa. The CEO and…
Kenya, often referred to as Africa’s “Silicon Savannah,” is among the countries at the forefront of technological innovations in the region. The government has invested heavily in the information, communication, and technology (ICT) sector, recognising it as a key contributor to the country’s GDP. Despite these seemingly positive strides, we still live in a world…
Today, purpose-driven brands outperform those that are not. People want to feel that a brand has invested in them, its employees, the community in which it operates, or the environment. According to the findings of the 2021 Edelman Trust Barometer, 68% of consumers believe they have the power to force corporations to change, and 86%…
Leading fintech companies, investors, crypto platforms, initiatives, and stakeholders in digital finance will unite at the Africa Money & DeFi Summit – West Africa edition on September 27–28, 2022 at the Movenpick Hotel in Accra, as the birth of decentralized finance (DeFi) grows across Africa. 400+ attendees, 150+ companies, 50+ speakers, panel discussions, keynote addresses,…