South African telco giant, MTN has announced its exit from the Middle East. The firm is selling its 75% stake in MTN Syria to TeleInvest which holds the other 25%. After the exit, MTN will focus on growing its operations in the African region. Group President and CEO, Rob Shuter, ...
MetLife Foundation and Visa, Accion and IFC have announced the winners of the Inclusive Fintech 50, a competition launched in February to help early-stage fintech companies attract capital and resources to benefit the world’s 3 billion financially underserved people. The 50 winners demonstrate the power of financial technology to expand ...
LeapFrog Investments has raised $700m in its largest-ever private equity fund by a dedicated impact fund manager, surging past its $600m target. The new is expected to reach 700 million consumers in emerging markets The new fund invests in healthcare and financial services companies – tapping into the demand from ...
This emerging markets focused cryptocurrency has raised seed funding to help bring cryptocurrency transactions to millions of users in Africa and in other emerging markets with the need for an account, an app or an internet connection. At the moment, it's the the only cryptocurrency wallet that works with an old ...
Africar Group has raised an undisclosed 6 digits US dollars amount in 2018, from international investors for expansion in Africa, and now has platforms in 40 different countries taking on struggling Ringier One Africa's Cheki. With 10 new platforms launched in Liberia,Mauritania,Comoros,Mauritius,Nigeria,Djibouti,Sudan,Republic of Congo,Central African Republic and Angola, Africar Group is by ...
African tech startups raised $560 million in VC funding in 2017, a 53% YoY Growth according to a report by Partech Ventures with a total of 128 rounds in 124 African tech start-ups, compared to 77 rounds 74 start-ups in 2016. The report adds that South Africa, Kenya and Nigeria were the top three ...
Fuzu is a Swahili verb meaning ‘to succeed’. Fuzu the company, is a Pan-African company that launched the Fuzu employment platform in 2015. It is online career and recruitment platform, that provides access to career advice, online learning and jobs in East Africa. Fuzu aims to change the landscape of ...
African tech startups raised $560 million in VC funding in 2017, a 53% YoY Growth as African entrepreneurs leverage tech and digital to tackle the continent’s fundamental challenges, said a new report from Partech Ventures. The report, says 124 African tech start-ups raised a total of US$ 560 Million in ...
YouTube has launched an offline version of its app to its viewers in developing countries across the globe where internet connectivity is still a challenge. The new app has a unique feature and design that allows YouTube users to download and save content they want offline giving options over ...
Brighter Monday website The days of going to every job interview in town are also almost over as automation and technology take over day to day processes and activities in the modern society. Just as an example, firms have introduced audio and video CVs away ...
When I interview founders that have launched a startup in the FinTech sector, I am always eager to know what they view as the biggest challenge in their sector. Do I need to emphasize the rise of start-ups in this sector that made us wonder if we'd even be needing ...
Kinshasa's finest startups that will represent DR Congo in Maputo During Seedstars Kinshasa that took place on Friday the previous week, four promising startups were selected to represent their own country at the Seedstars Africa Summit which will be held in Maputo, Mozambique. The event will ...
M-Shule, the winners of Seedstars World Nairobi Chapter M-Shule has won the Kenyan round of Seedstars Nairobi earning the opportunity to represent the country at the major Seedstars summits in Mozambique and Switzerland. The startup will battle with other promising startups for up to USD 1 ...
As a promising startup, you may be asking yourself "What exactly do Venture Capitalists have interest in pitches?" Well, the answer is quite simple huh. They are only looking for an opportunity for a great investment in your pitch. A startup can have the best presenters who have an ...
African change makers sometimes find themselves in a compromising situation where they have interesting ideas to execute but unfortunately their deep pockets have a good number of holes drilled. It is not new that so many potential entrepreneurs have failed to take up the first and most crucial step of ...
When you are a Startup, it is important to have a marketing strategy which will be suitable to help your business achieve its set goals. It is obvious that as you start off, you will find yourself under a great deal of financial constraints that limit a startup from undertaking ...
Africa has experienced a rampant rise of inventions and startups that have gone a long way from the minds of inventors to disrupting the Sub Saharan ecosystem solving very many problems that have been a setback to the growth of the continent for ages. From the rise of ...
Growth of the digital economy which can be defined as the various economic and social activities powered by ICT including banking, buying and selling and accessing education and entertainment activities via the internet through connected devices in Africa at large has tremendously increased giving a positive outlook of the continent. ...
Techstars a Global entrepreneur network has opened applications for a wide range of series of accelerators situated worldwide including its virtual Techstars Anywhere Accelerator Program. Startups interested in applying have until 15th October to apply joining the Accelerator program which will kick off from January 2018 but a demo day ...
kweli.tv, a subscription VOD service focused on the global black community has officially launched to the publish with documentaries, films, web shows, children's programming, news and more to its audience in North America, Europe, Latin America, The Caribbean and Africa. kweliTV also features independent filmmakers of color from across the ...
BongoHive has partnered with Amazon Web Services (AWS) to provide startups that have been through a BongoHive program with free hosting services on their Amazon Web Service platform. The offer from Amazon Web Services to BongoHive startups includes free access to AWS and tools via AWS promotional credits (approx. 2 years), free ...
MEST is opening a data-focused incubator and co-working space for creative tech entrepreneurs in Ikoyi, Lagos. The new MEST space will serve as a home to more of our portfolio companies, and for the first time in 9 years, we will be opening up our incubator services to startups outside ...
Marriott Hotels has launched its TestBED programme for the first time in the Middle East and Africa. First launched by Marriott Hotels across Europe in 2016, TestBED is a 10-week accelerator programme that gives startups the opportunity to test their products within an operating Marriott Hotel in a major city. The programme ...
The Next Einstein Forum (NEF) has announces its second Fellows Class, 16 scientists, all under 42 years of age, who are solving Africa’s and the world’s challenges. An initiative of the African Institute for Mathematical Sciences (AIMS) in partnership with the Robert Bosch Stiftung, the NEF will hold its second ...
India's Zoomcar, a self-drive car rental startup is set to expand to Africa and Asia with its vast fleet of hatchbacks, sedans, SUVs and luxury cars to redefine car rental services and give users the power to hire a car and drive around without owning it. Now present in more ...
Are you looking for a very large pool of software developers in Africa? My friend, look no more, check Devcenter. TechMoran in a chat with the co-founder of Devcenter, Akinola Falomo as he shares a lot of insights about his startup. The rationale behind creating Devcenter, how far they have ...
The Hague Institute for Innovation of Law (HiiL) has announced top innovations from East and West Africa, for the semi-final round of its Innovating Justice Challenge 2017. Among the semi-finalists are Nigeria's LegitCar, a car theft-deterrent system that helps users find their cars and LawPadi, a legal platform that bridges the ...
Applications are now open for the next cohort of Google's Launchpad Accelerator. The six-month zero-equity acceleration programme is aimed at growth-stage startups from emerging markets. The programme is now open to more countries around the world. Before now, it included African startups in Nigeria, Kenya, and South Africa, but this has ...
You want to purchase products that are designed in New York City and handmade in Africa, which also combines traditional techniques, local materials and amazing artisanal skill, you should try Indego Africa. But that's not all. Indego Africa works with women in Africa to sell their products. Their aim is to ...
LangBot, a language cheating chatbot has been selected the best startup at Seedstars Ethiopia for its gamified and AI powered language teaching chatbot opening doors for it to participate at Seedstars Summit, in Switzerland. LangBot beat nine other startups to emerge the winner. SRE brings the power of online education to ...
