The first telehealth program in Kenya specifically designed for HIV prevention has been made available through the e-pharmacy platform MYDAWA. The University of Washington, Jomo Kenyatta University of Agriculture and Technology, Fred Hutch Cancer Research Centre, Jhpiego, and Audere have joined forces with MYDAWA to create the first end-to-end virtual healthcare solution for customers who…
African Finance Ministers and Central Bank Governors were introduced to a new partnership that aims to increase financial inclusion for women-led businesses across the continent through the Affirmative Finance Action for Women in Africa (AFAWA) program of the African Development Bank and the Alliance for Financial Inclusion. The AFAWA-Alliance for Financial Inclusion partnership was introduced…
The second Africa HealthTech Challenge has been announced by the HealthTech Hub Africa, which was established by the Novartis Foundation at the Norrsken House in Kigali. It is looking for high-impact innovators with business-to-government focused solutions and business models with the potential to significantly improve population health at scale. The HealthTech Hub Africa is an…
Yellow Card, a pan-African cryptocurrency startup, has advanced the sector further by being the first on the continent to be given a license to operate as a Virtual Asset Service Provider in Botswana. The license was issued on September 29, 2022, by the Non-Bank Financial Institutions Regulatory Authority [NBFIRA], in compliance with Section 11 of…
As the firm grows its “Quick-commerce” branch, Glovo, one of the top players in global multi-category delivery, has opened its third micro fulfillment center in Nairobi, Kenya. Customers can use Glovo to place orders from their preferred supermarkets and local shops thanks to Q-Commerce. With the opening of the third micro fulfillment center, Glovo is…
A pan-African digital marketplace for business-to-business trade has been launched by Dooka in collaboration with Tradeshift, the worldwide network for digital trade. Dooka, which is offered on Tradeshift’s worldwide B2B commerce platform and which makes use of the Tradeshift® Marketplace Operator solution, makes corporate purchase as user-friendly and consumer-focused as home shopping. The Dooka marketplace…
The 2022 MEST Africa Challenge has chosen ten semifinalists, and the winner will receive US$50,000 in equity capital. MEST is a pan-African software and entrepreneurship training program, seed fund, and incubator that supports the establishment of technology firms all over the continent. It was established in Ghana in 2008 by serial entrepreneur Jorn Lyseggen. To…
Instagram, a social networking site owned by Meta Platforms, announced on Thursday that it would improve capabilities that allow users to block abusive and troll accounts. By extending a function introduced last year that only permitted the barring of any new accounts that they may create, all Instagram users will now be able to block…
In order to deliver Geidea’s sophisticated payment solutions to the Egyptian market, the company has established a strategic agreement with Visa, the global leader in digital payments. Geidea is one of the leading Fintech businesses in the region by market share. To provide smooth and secure payment options for merchants and SMEs across the nation,…
PwC is pleased to release the first PwC Africa Annual Review 2022 report which tells the story of a remarkable year and focuses on our impact, value creation, strategy and related performance for the financial year ended 30 June 2022. The report is a reflection of how our network of firms has navigated complexity, responded to…
Start-ups require capital to establish a business. Capital is the amount of initial investment plus any interest accrued early. The initial investment of a company initiative is the sum required to get things started. Both internal and external sources of funding are used by start-up founders. Many times, a lot of work goes into starting a business,…
The African IT sector has been growing steadily in recent years. With roughly a thousand acquisitions expected this year, venture capital on the continent is anticipated to surpass $7 billion, making it an anomaly in the current global funding slowdown. Startups continue to fail due to a lack of access to money, mentorship, and a…
More than 360 African entrepreneurs have signed up for the second class of the Alibaba Netpreneur Training program, which is run by Alibaba Global Initiatives (AGI), the professional training division of the Alibaba Group. Since its debut in 2019, the Alibaba Netpreneur Training Programme has successfully trained close to 1,500 entrepreneurs across Africa, Europe, Latin…
The six businesses chosen for the second cohort of the Fintech Incubation Program have been announced by Co-Creation Hub (CcHub), in association with Google, Rwanda’s Ministry of ICT and Innovation, and Mojaloop Foundation. The three-month Fintech Incubation Programme is meant to assist young technology companies developing products aimed at boosting financial inclusion. Nine firms were…
Flexibility is currency in the new working world. Organisations and employees alike are eager to capitalise on the opportunities offered by technological advancements and shifts in working culture. We are witnessing a significant evolution in the types of work people do, and where and how work gets done, as work moves beyond traditional paradigms. The…
Hakeem Fahm, Honourable Commissioner of Science and Technology at Lagos State Government, will deliver the keynote address at the Nigerian Software Testing Qualification Board (NGSTQB) first Software Testing Conference in Nigeria codenamed ‘TestNigeria Conference 1.0’. Mr. Fahm is an experienced network infrastructure director with a demonstrated history of working in the information technology and services…
Applications are open for the fourth cohort of the Africa Digital Accelerator Program brought to you by SME Growth Lab AFRICA. Through this program, established business owners across African countries would share equal access to business training, mentorship, and support to take their businesses to a higher level. Successful applicants will have a remarkable experience participating in a…
To support the expansion of its activities, the Egyptian B2B trucking marketplace Trella has obtained an additional sizeable finance facility from ALMA Sustainable Finance (ALMA) and the US International Development Finance Corporation (DFC). Trella, a transportation marketplace and B2B technology platform, links shippers and carriers in real-time. The firm, which operates across the Middle East…
The pre-seed raise by Herconomy will go down in history. The startup’s funding story rocked the tech industry last year. The community-based startup raised $600,000 in funding within 24 hours of Ife Durosimi-Instagram Etti’s post in order to scale its SaaS solution, which provided women with ongoing access to career prospects and discounts from selected…
In an effort to promote the service’s use as more than just a business application, Microsoft changed the name of its Office 365 service to Microsoft 365 in April 2020. According to the company’s FAQs page, Microsoft will now be eliminating the remaining Office branding from its Word, Excel, PowerPoint, and other apps. Users can…
The 2022 MEST Africa Challenge shortlist includes 36 firms from throughout the continent, and the winner will receive US$50,000 in equity capital. MEST is a pan-African software and entrepreneurship training program, seed fund, and incubator that supports the establishment of technology firms all over the continent. It was established in Ghana in 2008 by serial…
Targeting small and medium-sized businesses with a focus on sustainable energy solutions in Ghana, Malawi, Morocco, and South Africa, Siemens Stiftung is launching its inaugural “SESA Call for Entrepreneurs” on behalf of the Smart Energy Solutions for Africa (SESA) Consortium. Applications are especially encouraged from women-owned businesses. Access to dependable, affordable, and sustainable electricity has…
Coinbase announced on Tuesday that it would use Google’s cloud infrastructure, while Google said it would rely on Coinbase to start allowing some users to pay for cloud services using cryptocurrencies early in 2023. Despite still being down more than 70% for the year, Coinbase shares increased as much as 8.4% on Tuesday. In a…
KuCoin, the leading global cryptocurrency exchange successfully completed 5 years in the industry as the ‘People’s exchange’, this year. Since its inception, the company has consistently witnessed fast paced growth. Currently, KuCoin serves 20 million crypto users in more than 200 countries and regions around the world. Along with the rapid growth in number of users,…
At the Pan African University Institute for Basic Sciences Technology and Innovation (PAUSTI), the Incubation Centre of Excellence, funded by the African Development Bank (AfDB), has opened its doors in an effort to foster and foster innovation, creativity, entrepreneurship, and connections with the private sector. Four master’s and PhD programs are offered through PAUSTI, a…
As business owners, we frequently encounter challenging circumstance when not every aspect of our organization is operating as it should to be scalable and attract investment. However, we are also aware that when launching a firm, we frequently lack the necessary manpower, financial flexibility, or industry-specific knowledge, making it difficult to find possible partners or…
For businesses in Africa, Be Mobile Africa has created a new multi-currency business banking platform. Customers will be able to use the site to apply for and open business accounts in USD and EUR within 48 hours without having to physically visit a bank location. With the help of the neobank’s new service, businesses will…
At the Africa Financial Technology Congress, which took place on October 1, 2022, in Lagos, Kolomoni, a completely digital bank that offers financial services to the unbanked through its consumer banking platform, was voted Africa’s Most Innovative savings/investment platform. Cintrust Microfinance Bank, a division of the integrated financial technology company CapitalSage Technology Limited, is the…
OceanHub Africa (OHA), the first and only ocean impact-focused business accelerator on the continent has chosen six ocean-related startups. The Ocean Health Alliance (OHA) is an ocean-impact catalyst initiative that supports ocean-impact ventures through an acceleration program and the leadership of a global ocean-minded ecosystem. OHA promotes a sustainable and prosperous economy that would effectively…
A Nigerian fintech startup called Vella Finance has announced the release of new payment tools designed to make it easier for business owners in Africa to manage their funds. Global Pay, Vella Boost, and Fintech as a Service are a few of them (FaaS) Vella was originally created as a platform to support the crypto…