Favour Ori’s new fintech startup, Payday raises $1m pre-seed to build Africa’s paypal
Payday, a Pan-African financial technology company has announced a $1m pre-seed fund raise. According to the startup, the raise will help…
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AB InBev opens applications for Beer Garage Africa Innovation Challenge
The world’s largest beer company, AB InBev, has partnered Hindsight Ventures to launch the Beer Garage Africa Innovation Challenge, which…
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Google will now offer African startups more than no-strings cash and office space
At a virtual event on Wednesday (Oct. 6), Google’s CEO Sundar Pichai said his company will invest $1 billion in…
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7 African startups selected for inaugural Last Mile Money Accelerator
Seven African startups are among the eight selected to take part in the inaugural cohort of the Last Mile Money…
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Nigerian fintech startup Bitmama closes $350k pre-seed funding round
Nigerian fintech startup Bitmama has closed a US$350,000 pre-seed funding round to grow its operational presence, expand its team, and…
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Kenyan agri-tech startups invited to apply for O-Farms accelerator
Kenyan agri-tech startups have been invited to apply for the O-Farms accelerator programme, which is focused on circular agribusiness with…
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How SA’s abela provides a secure payment platform to the informal economy
South African startup abela is supporting the informal economy with the same autonomy and security that banks offer to the…
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Al Gore puts $600M into UK Green energy-tech startup Octopus Energy Group
Former Vice President Al Gore has invested $600 million of equity into U.K. energy startup Octopus Energy Group via his Generation Investment Management vehicle,…
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Nigerian ed-tech startup Edves raises $575k to bring more schools online
Nigerian ed-tech startup Edves has raised a US$575,000 seed funding round to help it improve its product and bring more…
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Tips To Keep Your Startup Afloat In The First Year
For any Startup or business, it is necessary to keep in mind that no business plan or strategy is foolproof….
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Nigerian mobility startup Moove expands to Cape Town
Nigerian mobility startup Moove, which provides revenue-based vehicle financing to help individuals across Africa own their own vehicles, has expanded…
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Input Output launches $6M fund for startups to build on Cardano in Africa
Input Output has launched a six million dollars (USD) blockchain fund in Africa, to invest in the most innovative blockchain projects, who…
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Aiming to create a gender-equitable startup landscape?
When it comes to gender equality in the business world, Facebook COO Sheryl Sandberg hit the nail on the head: “Knowing that…
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Nigerian energy startup Infibranches secures investment from Shell-owned fund
Nigerian startup Infibranches Technologies, which helps solar energy providers manage their operations and receive payments, has secured US$2 million funding…
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Ed-tech startup eLearn Africa develops platform to deliver free courses to university students
Ed-tech startup eLearn Africa has partnered the Association of African Universities (AAU) to design, build and deploy learning management systems…
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FinTech Startup Chipper Cash Launches its Free App in SA
Yesterday, Chipper, one of the fastest growing African fintech start-ups that facilitates free peer-to-peer (P2P) money transfers and instant cross-border…
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SA agri-fintech startup HelloChoice secures backing from Standard Bank
South African agri-fintech startup HelloChoice has secured investment from Standard Bank as it looks to solidify its position as the…
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LG is acquiring automotive cybersecurity startup Cybellum in a $240M deal
LG Electronics, the Korean tech giant that once was a leading player in mobile phones but is now winding down that…
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South African fintech startups invited to apply for $150k AlphaCode Incubate programme
South African fintech startups have been invited to apply for the ZAR1.5 million (US$100,000) AlphaCode Incubate programme, which aims to…
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Egyptian social commerce startup Brimore secures investment from Fawry
Egyptian social commerce startup Brimore has raised funding from e-payments solutions and banking services provider Fawry, the North African country’s…
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How Egypt’s ClickMare is making private healthcare accessible to all via micro-insurance
Egyptian startup ClickMare is providing users with health micro-insurance to make private healthcare accessible to all by breaking financial barriers….
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Ethiopian construction-tech startup ConDigital raises pre-seed funding round
Ethiopian construction-tech startup ConDigital has raised a pre-seed funding round to help it cement its presence at home and expand…
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SA’s Centbee graduates from regulatory sandbox, adds new countries to remittance service
South African fintech startup Centbee has successfully completed testing of its remittance service Minit Money within the framework of the…
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Egyptian e-health startup Sotech raises $1m pre-seed funding round
Egyptian e-health and IoT solutions startup Sotech has raised US$1 million in pre-seed funding to scale into the rest of…
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A Nigerian oil palm startup Releaf raised $4 million to build a “smart” factory
Written by Alexander Onukwue Besides being a key ingredient for cooking jollof rice, vegetable oil is used industrially in paints,…
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Seedstars and the Financial Times have launched a $500,000 challenge for early-stage startups
The Financial Times is hosting the first FTxSDG Challenge in collaboration with Seedstars, a Swiss-based organization that invests in and…
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Kenyan church-focused fintech startup Jumuisha raises seed funding for expansion
Written by TOM JACKSON Kenyan fintech startup Jumuisha, which helps churches and NGOs receive donations, make payments and manage events…
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Kenyan startup Teleeza launches lockscreen-based advertising platform
Written by TOM JACKSON Kenyan startup Teleeza has developed a mobile content aggregation and advertising platform that utilises a smartphone’s…
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Disrupt Africa announces further partners for open-sourcing of Egyptian startup ecosystem report
Written by TOM JACKSON Startup-focused news and research company Disrupt Africa has announced VC firm Global Ventures and startup accelerator…
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Kenyan, Nigerian agri-tech startups, ColdHubs and Hello Tractor named winners of $1.5m AYuTe Africa Challenge
Written by TOM JACKSON Kenya’s Hello Tractor and Nigeria’s ColdHubs have been named winners of the inaugural AYuTe Africa Challenge,…
