Startup news

Empowering SMEs in 2024: The Digital Revolution

In the dynamic landscape of 2024, the triumph of Small and Medium Enterprises (SMEs) lies in embracing digital transformation as an essential strategy. Digitalization…

Transforming Compliance for Regulated SMEs: A Game-Changing Alliance between StackGo and iDenfy

Witness the dawn of a new era in compliance solutions as iDenfy, the Lithuania-based RegTech innovator, joins forces with StackGo, the renowned Australian software…

Africa XYZ’s Vision 2030 Fund I: Empowering 300 Million Youths for a Brighter Tomorrow

The Unemployment Crisis in Africa Africa XYZ, a UK and Rwanda-based Pan-African technology company, addresses the pressing issue of unemployment in Africa through its…

Bridging the Communication Gap: EasyComm Revolutionizes Workplace Connectivity in Africa

In the dynamic world of student mental health, Cody Gordon, CEO of CG Technology Group, gained recognition in Forbes Africa’s 30 under 30…

How SME’s have the answer to the economic question

While South Africa battles with the highest unemployment rate in the world according to the World Bank, the latest stats show that the unemployment…

GoMetro secures £9 million funding to revolutionise fleet management for electric vehicles

GoMetro, a South African tech company specialising in fleet management, has secured £9 million in Series A funding to accelerate its mission of digitising…

€10k lifeline for SA start-ups in Irish Tech Challenge

South African start-ups can now apply to receive up to €10 000 (about R200 000) in funding in a local edition of the Irish Tech…

Nigeria’s Kwik secures $2M in Series A funding round

French-Nigerian B2B startup Kwik, a provider of SaaS logistics services to social vendors and e-commerce platforms in Africa, has successfully closed its $2 million…

4DX leads $3M Eksab seed round

Egyptian fantasy football start-up Eksab raised $3 million is a seed round led by 4DX Ventures. The round also drew participation from Darwazah Capital,…

Applications open for 2022 Africa’s Business Heroes prize competition

The “Africa’s Business Heroes” (ABH) prize competition, one of the Jack Ma Foundation’s philanthropic programs spotlighting and celebrating Africa’s entrepreneurial talent, has opened applications…

FOMO app reaches 100K users, opens Series A funding round

FOMO, an app in South Africa focused on connecting users to restaurant specials closest to them using geo location, launched in late 2020 has…

Nigerian agritech, ThriveAgric, raises $56.4M

Nigerian based ThriveAgric, a fast-growing technology-driven agricultural company, has raised $56.4M in debt funding from local commercial banks and institutional investors. The raise also…

Egypt fintech, Lucky, raises $25M in Series A

Lucky, the leading app in Egypt for credit products, offers and cashback rewards, has raised $25 million in a Series A funding round. The…

Nona Digital acquired by South Africa’s Yoco

African payments and software company, Yoco, has acquired the leading fintech and Web3 software development agency in Africa, Nona Digital. The acquisition significantly accelerates…

New Google.org Fellowship to empower African entrepreneurs

The Tony Elumelu Foundation (TEF) and Google announced an inaugural Google.org Fellowship to provide one million additional Africans with access to TEFConnect, as part…

Moove raises $105M in Series A2 round to power global expansion

Nigeria’s pioneering mobility fintech Moove attracted four new investors in a successful $105 million Series A2 funding round. AfricInvest, MUFG Innovation Partners, Latitude, and…

Three SA startups chosen for Google for Startups Accelerator Africa Class 7

Google has announced the participants in Google for Startups Accelerator Africa Class 7. The selected startups are developing solutions in areas such as healthcare,…

Telecel selects 10 start-ups for Accelerator Programme

Ten start-ups from across the continent have been selected for the 2022 Telecel Group Africa Startup Initiative Program (ASIP) Accelerator Programme, powered by leading…

Digital health startup, Cardo Health, launches telemedicine app in SA

Cardo Health, founded by Tobias Strålin (a former McKinsey Partner and European start-up practice leader) has launched Kena Health in South Africa. For the…

CrowdForce raises $3.6M during Series A

HAVAÍC, Aruwa Capital Management (Aruwa), and Asian African Investment & Consulting (AAIC) have announced a joint US$3.6 million pre-series A investment in CrowdForce. Empowering Nigeria’s underserved and unbanked population, the financial…

Fintech group, Capital Appreciation Limited, acquires Responsive Technology

South African fintech group, Capital Appreciation Limited has acquired the Responsive Technology group for the purchase price of R48,68 million. The acquisition includes 100% of…

iiDENTIFii cracks nod for JSE Enterprise Acceleration Programme

Remote biometric digital facial authentication and automated onboarding technology start-up iiDENTIFii has secured a coveted spot in the JSE Enterprise Acceleration Programme. The company…

Floatpays secures R15M investment from Naspers Foundry

Floatpays, a Cape Town-based on-demand earned wage access platform, has received a R15 million investment from Naspers via its early-stage tech investment arm, Naspers…

ASUS and AMD Launch AI-Driven Expert P Series PCs for South African SMBs

Calls vs Puts: Understanding the Two Types of Options

HONOR celebrates Amajita’s AFCON win with 400 Lite smartphone drop