Africa

Tanzania M-Pesa users share in R33.8m profits

Vodacom Tanzania Plc disbursed profit accumulated on associated Trust Accounts to its over 10 million M-Pesa users, with subscribers receiving their share by 31…

Ghanaian health start-up mPharma enters Uganda through Vine acquisition

Accra-based mPharma has disclosed its acquisition of a controlling stake in major Ugandan pharmacy chain Vine Pharmacy. The 55% share was previously held by…

Vendease raises $3.2m to transform Africa’s restaurant supply chain

Nigerian-based AgriFood-tech start-up Vendease delivered approximately 100 000 tons of food to restaurants in September 2021, hitting a $12.9 million transaction volume. The recently…

Solar startup Sun Exchange secures $2.5 million investment

SA startup Sun Exchange has secured $2.5 million in convertible note financing to continue to scale its solar leasing platform. The startup secured the…

South Africa featured in Global Startup Ecosystem Report

Startup Genome has published the 2021 Global Startup Ecosystem Report (GSER) which highlights South Africa’s regional startup ecosystems. The report offers insight into startups…

Applications for African startup E-Track Programme now open

The E-Track Programme, run by the UCT Graduate School of Business (GSB), is looking for applicants for its fifth cohort of African startups. Applications…

Payment company Zip to acquire Johannesburg fintech Payflex

Australian payment company Zip has announced it will acquire South African Buy-Now Pay-Later (BNPL) fintech service PayFlex. The acquisition will see Zip grow the…

Despite slow growth of tech ecosystem, those in Gambia remain optimistic

Touching down at the Banjul International Airport, a first-time visitor would be impressed with the petit nature of the continent’s fifteenth least populated country….

Seedstars World launches call for applications from Angolan startups

Seedstars World has launched a call for Angolan startups to apply to take part in the global seed-stage startup competition. Applications are open until next Thursday…

Microsoft 4Afrika teams up with Tony Elumelu Foundation to help IT firms

Microsoft, through its 4Afrika Initiative, has collaborated with the Tony Elumelu Foundation (TEF) to provide entrepreneurs in the foundation’s entrepreneurship programme with technology-based tools, resources and…

Google expands intake for new Launchpad Accelerator cohort to 10 African nations

Google’s Launchpad Accelerator has opened applications for its next cohort — and has added seven more African countries to the three countries it initially targeted when it…

With over a million downloads meet Cameroon’s file sharing service Feem

Have you ever had issues with transferring files between devices? Then you might be happy to learn that there is a world-class file sharing…

Seedstars World launches call in Lagos in search of Nigeria’s next top startups

Global seed-stage startup competition Seedstars World today launched a call for applications to search for Nigeria’s next top seed-stage startups. With the support of sponsors Orange, Merck,…

Still stuck in school — NITDA’s awkward romance with Nigerian startups [opinion]

When many Nigerian founders of startups are asked to list their major challenges, they often mention the lack of support from the Nigerian government….

Q&A: Africa’s mobile money ecosystem and its opportunities for startups

Ninety-nine percent of high school fees in the Ivory Coast (Côte d’Ivoire) in 2015-2016 were paid via mobile money, while M-KOPA and Fenix International…

SA, Ghanaian startup shortlisted for Swiss-based Kickstart Accelerator

South African startup Libryo and Ghanaian startup Farmerline have been selected for Swiss-based Kickstart Accelerator’s second cohort of 30 startups which hail from around the world. The…

Egyptian wins $100 000 Innovation Prize for Africa with smart magnetic bearings

Egyptian Aly El-Shafei was last night awarded the Innovation Prize for Africa‘s grand prize of $100 000 for his innovative magnetic bearings which help increase energy generation….

Don’t rush to get backers, African Innovation Foundation head tells hubs

Those running tech hubs in poor areas of Africa should not rush to get corporate and government sponsors, but should rather grow their hubs organically…

PeaceTech Accelerator looking for more startups for its next cohorts

PeaceTech Accelerator, a Washington DC based cloud innovation centre and scale-up programme devoted to peace technology, is looking for more participants for its next cohort…

XAfricaMart.com marketplace launches with a transaction fee of just 1.2%

Online B2B marketplace XAfricaMart.com was launched yesterday in Johannesburg, with its CEO Stephen Oehley claiming that the marketplace has one of the lowest transaction fees in…

Seedstars, Enel seeking energy entrepreneurs for Africa Energy Prize

Global startup competition Seedstars in collaboration with Enel Group, a global power company, have announced the creation of the Africa Energy Prize. The competition, which…

‘Ghana’s impressive track record helped it secure 2017 IPA competition’

An impressive track record — that’s what helped Ghana to secure the hosting of this year’s Innovation Prize for Africa (IPA), says the competition’s director Pauline Mujawamariya Koelbl….

Kenyan startup M-Shule gets investment from Engineers Without Borders

Canadian seed-stage investor Engineers Without Borders Canada (EWB) yesterday announced a cash investment worth $40 000 in Kenyan edtech startup M-Shule. M-Shule is an SMS and…

How VR Meditation Apps Like Realms of Flow and Others Are Redefining Our Connection with Reality

Transforming Healthcare in Africa with Technology

How forex trading is transforming startup investment strategies

How One Energy Project Could Reshape Climate Action

Microsoft launches new Surface devices in new AI era

Honor Magic V3 launches, four things to know

Honor Magic V3, a Guinness world record attempt

German luxury cars require a rethink for China

Trump wins – Tesla goes beyond $1 Trillion

Vivo update – a big safety gain