Startups

New $100k funding grant for start-ups in Kenya, Tanzania

Founders who want to scale their impact-driven start-ups in Kenya and Tanzania can now apply to receive a grant investment of up to $100 000….

African super app Yassir sets its sights on SA

Watch out, Checkers Sixty60 and Pick n Pay ASAP! The Algeria-based super app Yassir that offers everything from ride-hailing to food deliveries will soon…

How will economic downturn affect healthtech investment?

Amid global uncertainty, the real winners when it comes to investment will be those that back ventures solving real problems for people on the ground. Sam…

Yaga raises $2.3m to grow pre-loved fashion market in Africa

Women across Africa and Asia will soon be spoilt for choice when it comes to second-hand clothing after Yaga, a women-founded e-commerce start-up, raised…

African start-ups can now enter Global Startup Awards

Entries to the 2023 Global Startup Awards in Africa have officially opened. Start-ups, entrepreneurs, and innovation organisations at all stages of the growth cycle…

9 African start-ups picked for new Startup Wise Guys cohort

Leading European start-up accelerator Startup Wise Guys, also known as an active investment fund, has selected the second batch of participants for its €7.5…

Blnk raises $32m to power instant consumer credit in Egypt

Blnk, a fintech start-up that enables instant consumer credit in Egypt, has raised $23.7 million in equity and debt funding, and $8.3 million in…

SA digital news start-up shines in Africa’s top media awards

After winning 11 global media awards in the last three years, a South African digital news start-up, Food For Mzansi, has also received three…

From Nigeria to UK, businesses ‘go local in Africa’ with Kora

Moving money within Africa could, in the future, be as easy as making a phone call, says Gideon Orovwiroro, chief operating officer of Kora,…

BLOC Smart Africa invests $360k in agritech start-up Afrikamart

West African agritech start-up Afrikamart has just announced the closing of a $850 000 seed round of financing from leading venture capital groups, including…

African fintech start-up Yellow raises $20m in debt financing

“Before Yellow arrived, life was much tougher. Now most in the village have solar electricity in their homes and many are accessing the internet…

StockNow gives Africa’s informal retailers a leg up

Nomanini, a fast-growing South African fintech start-up, has announced the launch of a new supply chain finance solution called StockNow that connects FMCGs and…

fikaTime founders find solace in Teams virtual coffee app

If you’re like the rest of us, you’ve probably had it with countless, endless, back-to-back and pointless meetings. You would much rather be having…

FlyH2 ready to scale with hydrogen-powered plane

For FlyH2 co-founder Mark van Wyk, the South African technology start-up he launched with Onno Huyser is a dream come true. Their hydrogen electric…

Indoor Robotics raises $15m for world’s first indoor drone

Indoor Robotics, an indoor drone technology start-up that recently launched Tando drone, announced the closing of a $15 million in series A funding. This…

Africa’s top logistics start-ups join forces to scale globally

A new partnership between Yobante Express and MPost, two of Africa’s most innovative start-ups, enables door-to-door deliveries between locations across the continent at a…

Bizao founder: ‘Anticipate, adapt and decide. Quickly!’

Mobile money is an African innovation. Fact. Researchers found that Sub-Saharan Africa alone had about 548 million registered mobile money accounts in 2020 with…

Start-ups can now apply for next B2B SaaS accelerator

Building on the success of its first accelerator batch, Startup Wise Guys (SWG) vows to create further momentum in the African start-up scene. Applications…

This founder dreams of owning an eight-tonne crane truck

Recycling is big business. Just ask Rheineth Modiselle, the founder of Bokamoso Recycling, a Johannesburg-based waste management start-up, who dreams of owning an eight-tonne…

Ride-hailing start-up Gozem signs $10m deal with IFC

Six-thousand moto-taxi drivers in Togo and Benin can now access vehicle financing after the West African super app Gozem and the International Finance Corporation…

Santam snaps up on-demand insurtech start-up JaSure

Santam, South Africa’s leading short-term insurer, has enhanced its digital offering with the announcement that it is increasing its interest in insurtech start-up JaSure…

Virridy raises $5.5m to roll out satellite-connected sensors

After closing a $5.5 million series A funding round, environmenttech start-up Virridy is set to expand its offering across Africa and North America. The…

Rise, raise and scale: African start-ups touch down in Paris

More than 45 start-up founders representing 15 African countries have begun to touch down in Paris, France for Viva AfricArena. Commencing on Tuesday 14…

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