South Africa is experiencing extreme growth; from residential solar to iGaming, the country is evolving. As South Africans increasingly opt for internet gambling, the…
Nigerian digital bank Kuda raises $1.6m in pre-seed round
Kuda, a digital bank that operates in Nigeria, has closed a $1.6-million in a pre-seed round. The startup, which was founded last year by…
Cairo-based medical tourism startup Doctoorum raises investment from Numu Capital
Cairo-based medical tourism marketplace Doctoorum has secured an investment from Dubai seed fund Numu Capital. The startup was founded last year by Yemeni entrepreneur…
‘Egypt’s central bank to launch over $50m fintech fund’
The Central Bank of Egypt (CBE) is reportedly planning to launch a $50-million to $100-million fintech fund by early next year. So, says Egypt’s…
Vunani Capital invests seed capital in SnapnSave ahead of planned Series-A round
Vunani Capital, a pan-African diversified financial services group, today announced that it had concluded an investment in SA startup SnapnSave through its Vunani Fintech Fund. SnapnSave’s app…
Vodacom announces over $150k investment in new Tanzanian accelerator
Vodacom Tanzania plans to invest over $150 000 in a new accelerator programme, which the telco launched yesterday in partnership with Tanzanian accelerator Smart Lab….
AfriTech XYZ programme to support 19 early-stage startups
Do It Now Now, a London-based company that connects African founders to experts and investors, is looking to support 19 early-stage startups through its nine-month AfriTech…
Stop mixing up innovation-led firms with SME argues former Flutterwave CEO
Policy makers must stop mixing up innovation-led enterprises with small and medium-sized enterprises (SMEs), as the two are completely different from one another, argues…
Village Capital selects nine startups for its Africa Agriculture 2019 programme
US venture capital firm Village Capital has selected nine startups from seven countries across the continent for its Africa Agriculture 2019 programme. The programme,…
TechTribe Accelerator to train at least 100 SADC ventures in first cohort
The TechTribe Accelerator (TTA) — a new virtual accelerator announced today that it will support at least 100 ventures from around the Southern African Development Community…
ABAN, AfriLabs initiative Catalyst aims to match funding by angels in startups
The African Business Angels Network (ABAN) and AfriLabs, a network for technology hubs and innovation centres, have launched Catalyst, a co-investment fund that will offer…
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