On January 20, 2025, during President Donald Trump’s inauguration festivities at Washington D.C.’s Capital One Arena, Elon Musk made a hand gesture that ignited…
GSMA opens applications for grants of up to £250k from its innovation fund
The GSM Association (GSMA) has opened applications for its Innovation Fund for Mobile Internet Adoption and Digital Inclusion and is offering equity-free grants of between…
Covid-19 and African tech startups roundup [24/04/2020]
South Africa plans to ease its lockdown on 1 May, as it gradually begins to open up the country again. Not all businesses will…
Ensure 24 months runway if you want to raise VC funding now, says venture capitalist
Startups that are not venture capital (VC) funded and are looking to get VC funding, should have a minimum of 24-months worth of cash…
Covid-19 and African tech startups roundup [23/04/2020]
A leaked draft discussion document prepared by South Africa’s office of the presidency has revealed that businesses in the country’s tourism, aviation and creative…
How small businesses will benefit from Ramaphosa’s R500bn economic package
In a speech last night President Cyril Ramaphosa announced a massive R500-billion social and economic support package to help South Africa tackle the effects…
Covid-19 and African tech startups roundup [22/04/2020]
SA insurtech Yalu has reported a jump in retrenchment benefit queries as the Covid-19 pandemic begins to bite. The finding is in step with…
Ugandan fintech Xeno raises $150k from Nordic Impact Funds
Ugandan fintech Xeno has raised $150 000 from Nordic Impact Funds in a pre-seed funding round. The startup, which was founded in 2017 by…
Seedstars reveals $100m Africa fund has made first investment
Emerging markets startup competition Seedstars‘ $100-million Africa fund has made its first investment, Seedstars co-founder Pierre-Alain Masson has revealed. Seedstars announced the launch of the…
Covid-19 and African tech startups roundup [21/04/2020]
SA fintech startup Yoco has launched a number of online payment solutions for merchants to manage their cash flow during the Covid-19 period. This,…
Disruptech fund invests in two Egyptian startups
Disruptech, a $25-million fintech fund, has invested in two Egyptian tech startups. Tech publication Menabytes reported in an article yesterday that the fund has…
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