Startup news

OceanHub Africa announces participants for African Impact Accelerator

Cape Town-based impact accelerator OceanHub Africa has announced the second cohort of shortlisted candidates to take part in its prestigious African Impact Accelerator. Six ocean-minded entrepreneurs…

Founders Factory Africa partners with Small Foundation to uplift African agritech startups

Johannesburg-based venture development and investment company Founders Factory Africa (FFA) has partnered with Small Foundation, a Dublin-based philanthropic foundation that is focused on the…

RocketNet sponsors Western Cape schools with free fibre internet

South African Internet Service Provider (ISP), RocketNet, is sponsoring schools in the Western Cape with free high-speed internet to support digital learning and education….

Le Coq Sportif partners with South African logistics startup

French sports equipment and wear company Le Coq Sportif has partnered with local logistics startup Pargo to reach its customer base across South Africa and…

Somalia’s first innovative fintech app launches

Hormuud, Somalia’s largest telecommunications provider, has announced the launch of the country’s first indigenous mobile money application. Titled, WAAFI, the fintech app provides Somalians…

Nedbank launches ultra-marathon to support small businesses

South African financial service provider, Nedbank has launched Nedbank Runified: Breaking Barriers, an ultra-marathon that is aimed at breaking the 50km world record and…

First Circular Agribusiness Accelerator in East Africa to launch

Established by Bopinc and Village Capital O-Farms will be the First Circular Agribusiness Accelerator in East Africa. O-Farms will be the First Circular Agribusiness Accelerator in East…

Kenyan startup launches lease-to-own vehicle marketplace

A Kenyan-based vehicle financial management startup, Motoqaa, announced the launch of a new digital platform that allows gig workers in the taxi-hailing industry to acquire…

HAVAIC reaches agreement with Custostech

Following a legal dispute between venture capitalist firm, HAVAIC and Stellenbosch based startup, Custostech, the two parties have reached an amicable agreement. This comes…

Black Friday 2020 breaks eCommerce record

According to online payment processing service, PayFast, Black Friday accelerated online transactions by 50% compared to 2019. PayFast announced a 283% increase in total…

Virtual Hackathon Challenge winners announced

The University of Johannesburg’s Technopreneurship Centre partnered with the Pan African Information Communication Technology Centre (PAICTA) to host a virtual Hackathon Challenge that took place on…

New programme aimed at women-led businesses launches

The leading independent pan-African banking group, Ecobank Group has launched a programme called Ellevate. The new programme is targetted at women-owned and women-focused businesses…

Winners of the hybrid 2020 AfricArena Summit announced

AfricArena, the leading African tech ecosystem accelerator, hosted its annual AfricArena Summit as a hybrid event to encourage entrepreneurship, innovation, and investment during Covid-19….

Startup launchpad programme for Egyptian tech startups launches

One of the leading organisations in Egypt, the IT Industry Development Agency (ITIDA) has collaborated with AUC Venture Lab to create Startup Launchpad. The Startup…

Local fintech entrepreneur wins prestigious award

The 2020 South African Small Business Awards has announced talented entrepreneur Tinu Elenjical as the winner of the prestigious National Fintech Award. Elenjical and…

SA insurtech startup digitally sells 1 000 insurance policies a day

Surestart, a local insurtech startup that provides and distributes insurance products has showcased its ability to digitally sell 1 000 insurance policies a day,…

Local fintech wins Technology Company of the Year Award

Johannesburg-based fintech startup, Basalt Technologies has been accoladed at the prestigious Africa Tech Weekly Awards 2020, winning the Technology Company of the Year Award….

Accelerex Holdings signs $20-million investment agreement

Mauritius-based Accelerex Holdings has signed an investment agreement with regional private equity firm, Africa Capital Alliance (ACA). The Capital Alliance Private Equity IV (CAPE…

Venture for Africa announces a second fellowship cohort

Venture for Africa (VFA), a talent fellowship programme, announces that a second cohort is open for applicants. The programme aims to connect top local…

UJ Technopreneurship Centre hosts Hackathon Challenge

The University of Johannesburg’s Technopreneurship Centre in partnership with the Pan African Information Communication Technology Centre (PAICTA) will host a hackathon challenge on 28…

Telkom FutureMakers launch Township Innovation Incubator

Telkom, SA’s leading telecommunications company, announces the launch of the Township Innovation Incubator, a virtual technology business programme that is targeted at tech entrepreneurs…

Small Business Academy Stellenbosch applications open

The University of Stellenbosch Business School’s Small Business Academy (SBA) Development Programme will be available for the first time to small business owners in…

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