Startups

Toco platform fights climate change with every transaction

A new global payment platform has been launched, which allows communities worldwide to participate in the fight against climate change. The platform introduces a…

BioBuu raises $200k to scale insect-based agritech

Agricultural technology start-up BioBuu, based in Tanzania, has raised $200 000 in seed funding from the GIIG Africa Fund. The funds will be used…

Student.com expands stake in South Africa’s DigsConnect

Student.com, the largest student accommodation platform in the world, has increased its stake in South African tech start-up, DigsConnect.com. The move comes after Student.com…

Specno builds innovative ventures for Africa’s future

Specno, a South African venture builder co-founded by Daniel Novitzkas and Jacques Jordaan, aims to help one million people build tech-enabled businesses by 2030….

Beta Collective: African start-ups take centre stage at SXSW

The Beta Collective, a global collaborative community for entrepreneurs, professionals, and investors in the African start-up ecosystem, has announced that founders from the continent…

2023 will be the year that AI transforms business

Artificial intelligence (AI) has been the subject of regular conversations in recent years, but never to the extent that it is now. There is…

Investing in African tech start-ups key to continent’s growth

AfricArena should be celebrated for its efforts to grow the African tech ecosystem, writes Ventureburn editor-in-chief Ivor Price. He believes it is crucial that…

Egypt’s FlapKap closes $3.6 million seed round

E-commerce enterprises in Egypt are set to benefit from expansion plans by FlapKap after the Cairo-based revenue-based start-up closed a $3.6 million seed round….

Kazi start-up brings work, hope to jobless Kenyans

For thousands of Kenyans, finding a job that puts food on the table is a major challenge. However, for those who live in the…

36 start-ups through to next MEST Africa round

MEST Africa this morning announced a shortlist of 36 qualified technology start-ups from five African countries who will be going into the regional pitch…

This start-up digitises SA’s notorious minibus taxi industry

A South African mobility tech start-up with a mission to digitise the country’s notorious minibus taxi industry has raised an undisclosed amount in pre-seed…

Rwanda healthtech start-up uses AI to improve lives

Drug stock-outs and shortage of medical equipment in health facilities in Rwanda are becoming a thing of the past, thanks to an innovation that…

Egyptian beauty start-up Glamera closes $1.3m seed round

A SaaS start-up that originated in Egypt and relocated to Saudi Arabia, Glamera, has raised seed funding of $1.3 million in a round that…

SA clean-energy start-up wins big at GEA Summit

South African clean-energy start-up Brayfoil Technologies has won the Energy Investment Village pitch competition held during the Green Energy Africa (GEA) Summit in Cape…

OceanHub Africa announces third ocean-minded cohort

Among the six ocean-minded entrepreneurs selected for the third cohort of OceanHub Africa count the founders of three Nigerian start-ups. They will now attend…

HAVAÍC joins pre-series A round to expand Tanda

Cape Town-headquartered venture capital firm HAVAÍC has completed its third investment in Kenyan fintech Tanda. The investment from the firm’s $20 million HAVAÍC Universum…

Strong growth in SA extends Talk360 seed funding to $7m

International calling app Talk360, which enables people around the world to make reliable and affordable calls to any landline or mobile phone worldwide, has…

New academy to support African start-up founders scale

Early-stage start-ups in Africa that have already raised $2 million can now sign up for a brand-new academy launched by DAI Magister, a boutique…

MIC invests R10m in crowd-farming fintech Livestock Wealth

A crowd-farming start-up in South Africa, Livestock Wealth, has been described as the “perfect example” of the kind of business the Mineworkers Investment Company’s…

Digital identity startup iiDENTIFii raises record $15m

The South African biometrics start-up iiDENTIFii has raised $15 million growth capital. The round was led by African investment company Arise whose cornerstone investors…

Sustainable energy start-ups can apply for $68k each

Women-led start-ups with sustainable energy solutions in Ghana, Malawi, Morocco, and South Africa are invited to apply for funding of up to R1.2 million…

Launch of all-women accelerator GrindstoneX celebrated

With its vision to develop the top 30 women-founded start-ups in South Africa over the next three years, Grindstone and Naspers Labs have lifted…

How Yellow increased revenue by 1 500% during pandemic

With its mission to supply solar home systems in Malawi and Uganda, the African fintech start-up Yellow grew its revenue by 1 500%, and…

Broadband Africa Forum 2024

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German luxury cars require a rethink for China

Trump wins – Tesla goes beyond $1 Trillion