Startups
Why CanGo, on-demand ride-hailing platform formerly SafeMotos called it a day
CanGo, on-demand ride-hailing platform has called it a day, just seven months after it launched in Kinshasa. SafeMotos, an on-demand...
5 African credit scoring startups selected for ENGIE challenge at Africa Tech Summit Kigali
5 African startups with solutions in the credit scoring space have been selected to pitch for the chance to secure...
Uber Tests Feature Allowing California Drivers to Set Fares
Uber is testing a new feature in California that will allow drivers to set their prices for rides. Previously, Uber...
SA sales tech provider Skynamo secures $30M to accelerate the adoption of its platform globally.
South African sales tech provider Skynamo has secured $30 million in Series A from software investor, Five Elms Capital, to accelerate...
UNICEF launches Africa’s first drone & data academy in Malawi
UNICEF has launched the first African Drone and Data Academy (ADDA) in Lilongwe, Malawi in efforts projected to promote its...
SafeBoda reaches 3000 riders in Nairobi, slashes prices by 40 percent
SafeBoda, a motorcycle hailing and delivery platform, has signed up 3,000 drivers in Nairobi since its launch in the city...
Safi Analytics CEO Claims Kenyan Co-founder Was Mere Employee
Safi Analytics CEO Lauren Dunford has started a new fire on social media when she said in a statement that...
Startupbootcamp FinTech Dubai 2020 selects Egypt’s Fawaterak & SA’s SnapSlip
Startupbootcamp Fintech Dubai 2020 has selected Egypt's Fawaterak and South Africa's SnapSlip to join this year's cohort. Startupbootcamp FinTech Dubai...
Flutterwave raises $35M to expand across Francophone & North Africa
Flutterwave, a San Francisco and Lagos-based payments firm has closed a $35m to boost its market share and expand across...
Kenyan online bus booking startup QuickBus raises funding from UAE-based Shorooq Partners
QuickBus, a recently launched online bus booking startup has raised an undisclosed funding round from UAE-based Shorooq Partners to expand...
Travel site Timbu.com to invest $500k in early-stage travel startups in East Africa
Timbu.com, a Mauritian travel site, plans to invest $25k in 20 Kenyan travel startups to revolutionize the hospitality industry and...
AT Labs, Lori Systems & SunCulture to host MIT Sloan Global Entrepreneurship Lab projects
AT Labs, Lori Systems and SunCulture have been selected to host MIT Sloan Global Entrepreneurship Laboratory (G-Lab) projects in collaboration with the MIT...
TLcom’s TIDE Africa Fund raises $15 million from CDC Group
TLcom’s TIDE Africa Fund has raised $15 million from CDC Group, the UK’s development finance institution and impact investor, to...
Janngo unveils its €60m Janngo Capital Startup Fund for fintechs in Africa
Janngo has unveiled its 60€ million Janngo Capital Startup Fund to back technology startups founded, co-founded or benefiting women. Janngo...
Vilcap & AMI launch NextGen Ecosystem Builders to support startup talent in Africa
Village Capital (Vilcap) and African Management Institute, with support from the Dutch Good Growth Fund (DGGF), have launched NextGen Ecosystem Builders Africa...
Five Zambian Fintech startups selected for FinTech4U Accelerator Programme
Five Zambian Fintech startups have been selected for the first FinTech4U cohort out of the 35 that submitted applications. The...
In the Know: Weighing the Pros and Cons of Venture Capital for Startups
Some startups looking for financing usually depend on venture capital firms. These firms are capable of providing capital, strategic assistance, ...
European Investment Bank injects $56 million into Bolt
The European Investment Bank (EIB) will give raiding hailing firm Bolt a EUR 50 million venture debt facility to support...
Nigeria’s Bolorims acquires stake in Kenya’s AfricaSokoni to launch Bolosokoni.com
Nigeria's Bolorims has acquired a 10% stake in Nairobi-based AfricaSokoni to launch a new venture, Bolosokoni.com in West Africa. According...
Japan’s Samurai Incubate launches new $18.3 M fund for startups in Kenya, South Africa & Nigeria
Japan's Samurai Incubate has launched Samurai Africa Fund II, a new $18.3 million fund to invest in startups in Kenya, South...
Pros and Cons of Outsourcing Internationally
When it comes to operating a business, the list of tasks that you have to complete within a short period...
UDoTest, SA’s Disease Testing Software Firm to Get $75K from the Global Insurance Accelerator
South Africa's UDoTest is set to receive $75,000 from the Global Insurance Accelerator (GIA), as part of its sixth cohort set...
Antler to use $50m funding to build high caliber tech startups in Africa
Antler, a global startup generator and early-stage venture capital firm, aims to use its recently raised $50m funding to build...
Seedstars Global Winner to take home up to $500K from its 7th Global Summit
Seedstars, the emerging market startup community and investor, is officially announcing its global Seedstars Summit 2020. The 7th edition of...
Ex-Andela & Flutterwave execs launch Future Africa Fund – an angel fund for African startups
Future Africa Fund, an angel fund for African startups has launched to invest $50,000 into 20 startups each year to...
Antler, a startup generator raises $50M led by Facebook co-founder for international expansion
Antler, a global startup generator and early-stage venture capital firm, has raised $50 million to expand its existing portfolio and...
MENA region saw $704Min total funding in 2019, with Egypt topping
Middle East and North Africa (MENA)-based startups raised over $700 million in 2019 region with Egypt leading the pack according...
Glovo Defends Brand In Twitter Fued Against Delivery of Alcohol To Teenagers
Glovo has released a statement to defend its brand against the accusations made by a twitter user. The tweeter David...
With $20m in the bank, Rensource wants to connect over 1M merchants in Nigeria to power
Rensource, a Nigerian renewable energy company, fresh from a $20m round, wants to connect over 1 million merchants in Nigeria...
Glovo, the everything delivery firm, raises $167 million, joins the unicorn club
Glovo, Barcelona-based on-demand delivery firm has raised €150million ($167 million) in Series E funding led by Mubadala, with further support...