More than 300 African tech startups have raised over $1.1bn so far in 2021 Written by TOM JACKSON More than 300 African tech startups have raised more than US$1.1 billion combined so far in 2021, the first time the sector has broken the US$1 billion mark – and with four-and-a-half months of the year still to…
According to Adeva IT, as of 2018, women held only 25% of all the jobs in the tech industry, despite women making up almost half of the total workforce. It is a known fact that women are under-represented in the African tech ecosystem. More women need to find their way into tech in Africa and…
Impact-Driven Startups Are a Gold-Mine for Investors Written By Krishna Athal ENTREPRENEUR LEADERSHIP NETWORK CONTRIBUTOR Investors across the globe are finding ways to unleash the power of their capital by trying out different industries and business models. Most investment-seeking entrepreneurs believe that projecting massive profits is the best way to impress investors. Many entrepreneurs also…
MAGNiTT has announced the launch of its first quarter of 2021 reports, which shows Egypt among the top three in MENA regions with the highest startup investment rates. MAGNiTT has announced the launch of its first quarter of 2021 reports, which cuts across the eCommerce, food and beverage, fintech, delivery and logistics, and healthcare sectors….
? VIDEO:10 Most Innovative Startup Companies in Nigeria 2020 Technology and Innovation offer great opportunities for Nigeria to grow her economy if huge and deliberate investments are made towards that. Startups and small businesses are the engines that will drive such economic development in our country and in Africa at large. Therefore our young…
Agriculture in Nigeria no doubt offers great hope of economic development for the country and the continent at large.At a time that Nigeria is gradually being recognized for her Agricultural products and capabilities,food wastage has being a big challenge.Recently we came across ChiBlenders Green, a food technology and logistics company based in Abuja,Nigeria which is fully committed…
Success in a startup is the result of the collective efforts of many individuals. While founders deserve recognition for their vision and leadership, it is important to acknowledge the critical role that operators and employees play in the company’s growth. These individuals take initiatives, work hard, and make countless contributions to the success of the…
After 100+ applications from around the globe, 10 post-seed and pre-series B stage Fintech companies have been selected and are ready to scale to new heights through the NadiFin Fintech Accelerator program, powered by MiddleGame Ventures and Farvest in partnership with the Luxembourg House of Financial Technology (LHoFT). Program partners for the 2019 NadiFin Fintech…
Applications are now open for the NadiFin Fintech Acceleration program powered by MiddleGame Ventures and Farvest in partnership with the Luxembourg House of Financial Technology (the LHoFT), until April 10th, 2019. NadiFin will bring together post seed and pre-series B stage Fintech companies from around the world to learn and engage through a unique curriculum and a…
Five promising start-ups from across Africa have been chosen as regional winners in MEST Africa’s annual Pan-African pitch competition, moving one step closer to winning $50,000 in equity investment, a place in the MEST Africa incubator of their choice and global mentorship to help their company scale. Winners will pitch on a global stage in…
The top 30 health-oriented innovations selected from a field of more than 2 400 entries to the first-ever WHO Innovation Challenge will be formally recognised on the opening day of the second WHO Africa Health Forum in Praia, Cabo Verde, on 26 March 2019. The WHO Innovation Challenge received a total of 2 471 applications…
The Bill & Melinda Gates Foundation Global Grand Challenge for Health Innovation and Development seeks application from Emerging technology organisations to solve global health problems with their solutions.Applications are required in the following areas : Artificial intelligence for image analysis of human patients (e.g., fetal ultrasound, infant optical neuroimaging, or infant video data) or human biosamples (e.g.,…
Are You a Remote-sensing, Artificial Intelligence (AI) or UAV Drone Company? Then Enter for the €175,000 Ag-Tech Developer Challenge by the Rainforest Alliance .This is a competition to build a remote-sensing data product that links to and adds value to the mobile-enabled FDPs. Through this competition we hope to stimulate participants to create innovative ideas. Two prizes,…
Regional finalists for the MEST Africa Challenge 2019 has been announced.50 Start-ups have been selected to take part in the annual MEST Africa Challenge regional finals that will take place February 27 and 28 in Accra, Lagos, Nairobi, Cape Town and Abidjan. According to MEST Africa five regional winners will be flown to the MEST Africa…
Flutterwave, a global payments solutions business based in Africa has collaborated with Visa to launch GetBarter. This is an app that lets consumers and merchants to pay and collect payments home and abroad. This GetBarter application is a lifestyle payment solution that functions globally with an existing user base in countries like South Africa, Kenya,…
Going by the recent report by GSMA, 128 tech hubs have kick-started their operations across Africa since 2016. Comparing with the recent reports of 442 active hubs just last year, this is massive progress. This progress is unrivaled and is a great signal as to why we can look forward to further growth. What…
Andela, the company building distributed engineering teams with Africa’s top software developers, today announced the completion of a $100M Series D funding. The round was led by Generation Investment Management with participation from existing investors including Chan Zuckerberg Initiative, GV, Spark Capital, and CRE Venture Capital. The most recent financing brings Andela’s total venture funding…
Picture R-L shows: Ms Vaishali Nitturkar, Founder, The Gyan Tree presenting Award to Dr. Enokela Owoicho Moses for Best Innovation in Healthcare (SonoCare) at the Nigeria Innovation Summit 2016 — at Sheraton Lagos Hotel. GMC coLABS, the gender lens investment portfolio of US based impact investor Gray Matters Capital (GMC), yesterday announced its investment in SonoCare, a Nigeria based…
The World Health Organization (WHO) in the African Region has launched the first WHO Africa Innovation Challenge calling for health innovations with the potential for having significant social impact and addressing the unmet health needs on the continent. “This Innovation Challenge recognizes the critical need for innovations to address the continent’s challenges in healthcare,”…
Startupbootcamp (SBC), a global family of industry-focused accelerators, last year launched its first-ever Africa-based programme. Building on the success of its inaugural 2017 Cape Town tech venture accelerator program, SBC Cape Town now embarks upon its FastTrack tour for 2018 – sourcing top-tier tech startups to join the programme’s second year. The first-ever Cape Town…
Nigeria’s digital publisher, Publiseer, has been announced as one of the 14 finalists of the 2018 Harvard Business School’s New Venture Competition,taking place in Boston, MA, United States, on March 2, 2018. The Africa Business Club at Harvard Business School will be hosting the competition to showcase the diversity of entrepreneurs making a difference on…
Tony Elumelu Foundation Accepting Applications For 4th Cycle Of $100M Entrepreneurship Development Programme 2018
All On is launching the Clean Energy Innovation Challenge, in partnership with Co-Creation Hub to facilitate increased access to affordable, reliable and sustainable energy sources for low income households, small and medium scale enterprises, and communities. All On works with partners to increase access to commercial energy products and services for under-served and un-served off-grid…
Seedstars World (SSW), the global community and platform for entrepreneurs in technology in emerging markets and fast-growing startup scenes, is hosting the third annual Seedstars Africa Summitthat connects the most relevant players in innovation and technology in Africa with the world and between each other. Tickets are available now on www.seedstarsafrica.com. After hosting competitions in 20 Africa…
Digital Lab Africa call for projects is open to any professional or individual in multimedia creation: artists, producers, start-up, SMEs, collectives, students or entrepreneurs from Sub-Saharan Africa. The applicants have to be based in this region or being nationals of one of the Sub-Saharan African countries, provided the project development is mostly implemented locally. Digital Lab Africa is looking for projects at…
DFS Lab, a fintech accelerator funded by the Bill and Melinda Gates Foundation, recently announced they were accepting applications for their third fintech bootcamp, which will be held Dec. 3-9,2017 in Dar es Salaam, Tanzania. The Lab seeks to identify promising entrepreneurs and invest in companies that focus specifically on consumers in Sub-Saharan Africa and…
PayU has rolled out strategies to intensify efforts to connect businesses to Nigeria’s online payment market. Annual online payments in Nigeria is estimated to surpass N200 billion this year from N167 billion in 2016. Country Manager of PayU Nigeria, Ms Juliet Nwanguma, says, “In order to pursue PayU’s aggressive expansion in the online payment market…
Vision Mobile in partnership with Intel,HTC,Microsoft,Qualcomm and a host of other companies,is conducting the 2017 Developer Economics Survey. The Developer Economics Q3 2017 survey is the 13th developer survey by research firm VisionMobile. This is an independent survey, aimed at measuring the pulse of the developer community. This survey tracks all the latest trends on…
A Nigerian Fintech Startup REACH is one of the finalists of the Digital Financial Services Lab (DFS Lab) Boot Camp in Sri Lanka.REACH is an innovative app that helps you set, track, and achieve your financial goals.It is a group savings tool, helping customers plan savings for big life moments. REACH partners with Zenith Bank to bring…
Sote Hub in Kenya, a recently launched Technology Innovation hub located at Voi is already making impact following their ability to support startups in southern Kenya.According to their blog post, Over the past months, the hub has housed many workshops seeing the sprouting of startup companies, in a relatively quiet rural set up. There were…