12 Startups Qualifies for the 2nd Cohort of ARM Labs Lagos Techstars Accelerator
The ARM Labs Lagos Techstars Accelerator, which offers access to up to US$120,000 in equity capital and other forms of…
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During the “funding winter,” 10 African startups closed, and some are still fighting
Though there were initially expectations that the nascency of the African tech ecosystem may mean it spared too much damage,…
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8 Startups Joins the Latest Cohort of Grindstone Africa Accelerator Programme
The most recent iteration of Grindstone Africa, a well-known accelerator program that fosters high-growth entrepreneurship worldwide, has chosen seven South…
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23 Startups Eligible for Visa’s Debut Africa Fintech Accelerator Program
Visa has chosen 23 firms for its inaugural Africa Fintech Accelerator program, which aims to support African startups by providing…
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Application is now Open for the 3rd Cohort of Google’s Black Founders Fund for Startups in Africa, Europe
Google announced today that applications for the third cohort of the Black Founders Fund for Startups are now open in…
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Can Africa’s startup sector keep up its record funding run amidst global turmoil?
Startups have become vital engines of change that can have an outsized impact on an economy. They are crucial in…
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Orda, a startup in restaurant management in Nigeria, raises $3.4 million in an early round.
Orda, a Nigerian company that develops cloud operating systems for restaurants, has raised US$3.4 million in a seed round to…
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Finplus, Kenyan Startup Reaches $1bn Transaction Value Mark
The Kenyan fintech firm Finplus Group has claimed that after five years of operation, its platform has processed transactions worth…
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How much initial investment in start-ups is creating unrealistic optimism and too little sustainability
Start-ups require capital to establish a business. Capital is the amount of initial investment plus any interest accrued early. The…
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Thepeer, a Nigerian API-Based Startup Secures $2.1 Million for Product Development
According to a statement provided to TechCabal today, Thepeer, a Nigerian tech infrastructure startup that facilitates frictionless wallet transfers between…
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Healthtracka, Nigerian Startup Secures $1.5 Million to Scale Medical Diagnostics
According to a statement provided to TechCabal today, Healthtracka, a Nigerian firm that provides simple at-home lab tests, has acquired…
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Moroccan Startup Chari Buys Ivorian B2B e-Eommerce Startup Diago
Chari, a Moroccan B2B e-commerce and finance firm, said today that it has purchased a 100% share in Diago, an…
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Meet the 15 Startups Selected for CcHUB’s Createch Accelerator Programme
The CcHUB’s Creative Economy Practice has selected 15 entrepreneurs to participate in the Createch Accelerator 1.0 program, which will provide…
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Egyptian Healthcare Start-Up, Doxx Secures $1.5Million in Seed Round
Doxx launches a digital platform in the Middle East and North Africa (MENA) region, connecting medical professionals and institutional healthcare…
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Nigeria’s Autocheck Buys Moroccan startup to Facilitate North African Expansion
Autocheck, a Nigerian auto-tech firm, has purchased KIFAL Auto, a Moroccan competitor, to help it expand into the North African…
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South African agri-tech startup Nile secures $5.1m funding round led by Naspers Foundry
Nile, a South African agri-tech firm that uses its platform to allow purchasers to buy directly from Africa’s top food…
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SA emergency response startup RapidDeploy bags Nedbank investment deal
RapidDeploy, a South African emergency response platform, has raised equity capital from Nedbank CIB, the Nedbank Group’s corporate and investment…
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Egyptian B2B?? e-commerce startup Teegara completes bridge funding round
The Alexandria Business Angels Network led an undisclosed bridge round for Egyptian company Teegara, a B2B e-commerce platform focused on…
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GoMetro, a South African logistics startup, has raised a $1 million seed round to help it expand
GoMetro, a South African logistics startup, has secured $1 million in a seed extension round to accelerate its growth, enhance…
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Nairobi’s accelerator, The Baobab Network supports 5 new African startups with $25k
The Baobab Network, a Nairobi-based accelerator that invests in early-stage software firms across Africa, has announced its next cohort of…
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Mindjoy SA ed-tech startup is making coding more accessible for kids
Mindjoy, a Cape Town-based ed-tech company, wants to make coding skills available to kids – and adults — on any…
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DigsConnect, SA startup bags investment from venture builder The Delta
DigsConnect, a student housing marketplace, has secured funding from international startup capital firm The Delta as part of its latest…
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Ark Kapital releases €150 million to support startups
ArK Kapital, based in Stockholm, has secured a €150 million senior secured debt facility from Pollen Street Capital after raising…
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IFC Funds Algebra Ventures With $15m to Propel Egypt’s Startup Ecosystem
IFC, a World Bank Group member, will invest $15 million in Algebra Ventures’ second fund, which will support the growth…
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Egyptian E-health Startup Rology Secures Pre-Series A Funding Round
Rology, an on-demand teleradiology platform based in Egypt, has closed a pre-Series A round of funding to help it expand…
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Apply: e-Track Programme by UCT GSB Solution Space, ayoba
The last e-Track Programme concluded earlier this month with seven of the graduating startups pitching their businesses to an audience…
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Egyptian Market research startup, Intella completes $1 million Seed round for expansion
Intella, the Middle East and North Africa’s first real-time intelligence provider, has announced a $1 million seed funding round led…
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SA fintech startup, Sticitt secures oversubscribed round of seed funding
Sticitt, a South African fintech startup, has received an oversubscribed round of seed funding to help it grow. Sticitt, which…
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Nigerian logistics startup Kwik completes $2m Series A funding round to facilitate expansion
Kwik, a French-Nigerian business-to-business startup that provides Software as a Service (SaaS) logistics services to African social vendors and e-commerce…
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Pivo, Nigerian Startup is a one-stop financial service platform for supply chain SMEs
Pivo, a Nigerian startup, offers an all-in-one financial services platform for small and medium-sized enterprises (SMEs) in the supply chain…
