Startups

AWS announces funding boost for women founders in Africa

Tiffany Johnson, the global business development manager at AWS Startups, this afternoon launched the new Fem-Tech Startup Innovation Challenge aimed at empowering women founders…

Ramp secures $5m for game-changing forecasts

Ramp, a global decision science start-up with its head office in the United Kingdom, has closed a $5 million seed funding round. The company…

Fez Delivery raises $1m to revolutionise delivery in Nigeria

Fez Delivery, a Nigerian logistics and delivery start-up, has announced a $1 million seed round of funding, led by Ventures Platform. The funding round…

Côte d’Ivoire unveils Startup Act to boost tech sector

The Ivorian government is ramping up its efforts to support tech start-ups with the launch of the Startup Act, a new framework designed to…

Yellow powers Africa expansion with Series B equity round

Yellow, a company that provides affordable and reliable energy and internet connectivity in Africa, has announced the successful first close of its Series B…

Stitch expands to become end-to-end payments service provider

South Africa-based payments infrastructure company Stitch has expanded its offerings to become an end-to-end payments service provider (PSP). This development comes after the introduction…

Green Innovation Hub: Scale your green tech solutions

African green tech entrepreneurs are being encouraged to apply for the Green Innovation Hubs (GiH) incubation programme. It is designed to offer innovative businesses…

Kubik builds low-carbon homes from plastic waste

The award-winning sustainable technology startup Kubik has announced its latest seed-stage investment from the GIIG Africa Fund. The raise establishes GIIG Africa as the…

Ventures Platform fund surpasses $40m target

A pan-African VC firm championing the next generation of African technology entrepreneurs, Ventures Platform, closed its early-stage and intercontinental fund at $46 million. This…

Supply chain start-up Suplyd closes $1.6m funding round

Suplyd, an Egypt-based start-up that digitizss supply chain operations for the MENA region’s hotels, restaurants, and catering (HORECA) industries, announced their $1.6M pre-seed round…

ScarabTech secures seed raise from GIIG Africa Fund

Several commercial projects across Africa, Asia and Australia are on the cards for cleantech start-up ScarabTech following a seed funding round from GIIG Africa…

R6m in 6 weeks: Here’s how GoGetta did it

Two African start-ups, Shuthuka Flagship Farm and Trailored, have raised more than R6 million (about $350 000) in just six weeks through equity crowdfunding. The…

8 climatetech innovators shine at UN demo day

Three climatetech start-ups from Lebanon, Egypt and Yemen won $6 000 each following a Middle East and Africa-wide hackathon presented by the Youth Climate Innovation…

Lessons for launching an African fintech in 2023

Anyone looking to launch an African start-up in 2023 must be sorely tempted to do so in the fintech space – provided they have…

4Di Capital announces second close to new $25m seed fund

South African early-stage venture capital firm 4Di Capital has announced the second closing of its new $25 million seed fund created in partnership with…

ShEquity invests in Nigerian fintech start-up Owoafara

Nigerian fintech start-up Owoafara Inc has received investment funding from ShEquity, an Africa-wide impact investment firm. While the exact amount has not been disclosed,…

Microsoft on a mission to help African start-ups scale

“South Africa is well established as one of the top four start-up ecosystems on the continent, and is leading the way for successful exits…

Can Africa’s start-up sector keep up its record funding run?

Start-ups have become vital engines of change that can have an outsized impact on an economy, argues Thabiso Foto, chief financial officer at Founders…

African cleantech start-up shines on AfricArena world stage

While Africa’s venture capital ecosystem is still in its infancy, the co-founder of one of the world’s most innovative start-ups, Brayfoil Technologies, says AfricaArena’s…

New Seedstars platform to grow emerging VC managers

Seedstars is set to drive over $500 million of new funding into emerging and diverse managers. They will create more than 10 000 new…

Pre-seed investment platform for mission-driven start-ups

Mission-driven and underrepresented start-up founders in Africa are set to benefit from a new pre-seed investment programme announced by Flourish Ventures, a global venture…

Moroccan retail-tech start-up WafR now valued at $10m

Moroccan retail-tech start-up WafR has clinched a $120 000 funding round from First Circle Capital. WafR allows brands to broadcast smart promotions to grocers to…

LIQID lands $1.75m to pioneer sight-saving ocular implants

A South Africa-founded healthtech start-up, LIQID Medical, has secured investment to the tune of R30 million (about $1.75 million) from the SAB Foundation, an…

Broadband Africa Forum 2024

South Africa’s Deskless Workers: A Workforce Under Strain

How AI is Rewriting Urban Planning in Developing Regions

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

Jaguar rebranding creative is crazy – good?

German luxury cars require a rethink for China

Trump wins – Tesla goes beyond $1 Trillion