Startups
20 startups selected for the 2020 Grindstone Accelerator programme
South African business accelerator Grindstone has selected 20 startups for the 2020 programme just days after launching an early-stage venture...
Africa Foresight Group Raises Over $700k to Build a Management Consulting Network for Africa
Africa Foresight Group (AFG), a networking platform for freelance management consultants in Africa has raised over $700,000 in a seed round,...
MEST Africa 2020 Challenge Announces Finalists for its $50,000 Prize
MEST Africa 2020 Challenge has announced the country final winners who will be competing in the Finale on the 12th...
Plentywaka raises $300,000 for expansion, launches in Abuja
Plentywaka, the transport startup, has raised a $300,000 pre-seed investment led by EMFATO, Microtraction and Niche Capital. Plentywaka will use...
Grindstone Accelerator Launches Early-Stage Venture Capital Fund to Back Cohort Companies
South African based business accelerator Grindstone has launched a new venture capital fund, Grindstone Ventures, dedicated to provide early-stage equity...
12 Affordable Tools That Will Boost Your Startup Growth
Tools give you two very important things - money and time. By automating processes, they allow you to save your...
Carma, a credit data marketplace operating in Kenya & Nigeria rollouts in Zambia
CARMA, a credit data marketplace operating in Kenya and Nigeria has rolled in Zambia to tackle the gap in markets...
VC4A to select 10 early-stage startups for its 2020 ‘Venture Showcase
VC4A is inviting African startups looking to raise between $150K and $1M to apply for its 2020 ‘Venture Showcase - Seed’...
Dubai’s Network International to Acquire DPO Group for $288 million
Dubai-based Network International, digital payments group operating across the Middle East and Africa is set to acquire Nairobi-based DPO Group...
CompareLoans launches to offer choice & transparency to borrowers in South Africa
CompareLoans launches to offer choice and transparency to borrowers in South Africa with unparalleled transparency around interest rates, fees and...
Jack Ma Foundation’s Africa Netpreneur Prize Initiative (ANPI) selects 50 Startups for 2020 Competition
Jack Ma Foundation’s Africa Netpreneur Prize Initiative (ANPI) has selected 50 Startups for 2020 Competition to advance to the next...
VALR, SA’s bitcoin exchange raises $3.4M to advance the adoption of cryptocurrencies
VALR, South Africa’s largest bitcoin exchange by trading volume, has raised R57-million ($3.4 million) to advance the adoption of cryptocurrencies,...
Students launch “Haraka Haraka” app to link customers with service providers
A new App dubbed "Haraka Haraka" has today been unveiled in Kenya to help customers find the right service providers...
Jobberman & Mastercard to place 3 million Nigerians in dignified employment by 2025
Jobberman, Nigeria's largest online job placement and training website, has partnered with the Mastercard Foundation to tackle unemployment in Nigeria....
Hong Kong-based peer-to-peer cryptocurrency platform Bitzlato launches in Kenya
Bitzlato exchange, a Hong Kong-based peer-to-peer cryptocurrency trading platform has launched in Kenya to offer an opportunity to trade digital assets...
On-demand cleaning startup SweepSouth raises funding from Futuregrowth, launches in Kenya
SweepSouth, a South African online cleaning startup has raised funding from Futuregrowth, to aid in its expansion. SweepSouth, launched in...
Animation startup Sea Monster raises $1m to change the way corporates tackle training
South African animation, gaming and AR/VR startup Sea Monster has raised $1m investment to change the way corporates tackle training...
Semabox, a new professional podcast recording studio launched in Kenya
Semabox, a new recording studio has been established to enable podcasters and video bloggers to be able to professionally create...
KoolSkools raises $400,000 to expand in Morocco and internationally
KoolSkools, a Morroccan edtech startup has raised $400,000 to expand in Morocco and internationally. Koolskools raised the cash from Maroc...
Onde launches Virtual Ride.Right.Now conference for ride-hailing business
Onde, a tech company powering over 200 ride-hailing companies in 70 countries, announces an online edition of Ride.Right.Now - a...
Kenya’s MumsVillage & Nigeria’s BabyBliss announce a merger in a consolidation move
MumsVillage, a Kenyan mother and baby care community and eCommerce platform, and Nigeria's BabyBliss have announced a merger in a...
OnePay announces $400,000 investment from Maroc Numeric Fund II.
OnePay, a Moroccan fintech that operates as a distributor of means of payment and aggregator of payment and value-added services in...
Tech-enabled forestry startup Komaza raises $28M Series B to Restore Degraded Lands
Komaza, a tech-enabled, sustainable forestry has secured a first close of $28m of the company’s planned $33m Series B equity...
HerVenture, a business skills training mobile app for women entrepreneurs launched in Kenya
The Cherie Blair Foundation for Women and DHL Express have launched HerVenture, a business skills training mobile app for women...
Gokada CEO, Fahim Saleh presumed dead after body found in New York apartment
Serial techpreneur and Venture Capitalist, Falim Saleh, 33, is presumed dead after a limbless and headless torso was found in...
TradeDepot raises $10M to transform the informal retail supply chain in Nigeria
TradeDepot, Nigeria's B2B eCommerce platform for consumer goods in Africa, has raised a further $10 million in a pre-Series B...
Uber partners Nigeria’s Moove to increase vehicle ownership for its drivers
Uber has partnered with Moove, Nigeria's flexible car ownership company, to provide potential and current Uber drivers in sub-Saharan Africa...
Africa’s Mergers and Acquisitions gain momentum during COVID19
By Eric M.K Osiakwan On the 10th of July 2020, Helios Holdings Limited announced a merger with Fairfax Africa Holdings...
Applications for Wimbart Office Hours Open to Equip Early-Stage Startups
Wimbart, the Africa-focused PR agency, has launched the second edition of its Office Hours Programme, that equips early stage technology...
Uganda’s Eversend is raising over €850,000 to expand to Nigeria, Francophone Africa, & Europe
Uganda's Eversend, a digital-only financial services marketplace, is raising over €850,000 to expand to Nigeria, Francophone Africa and Europe. Eversend...