The Tony Elumelu Foundation, is now accepting applications for the 2019 cohort of the TEF Entrepreneurship Programme. The Programme is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs. The Programme’s objective is to generate at least 1,000,000 new jobs and create at least $10 ...
Being a woman in the workplace is already challenging enough but being a woman in the tech industry seems almost impossible. However, Dorcas Muthoni begun her journey when she was only 24 and since then she unlocked new opportunities in Kenya. She is the founder and CEO of a specialist ...
MEST Africa, (Meltwater Entrepreneurial School of Technology), now in its 10th year investing in tech entrepreneurs in Africa, has announced a funding round of USD $700,000 in startups formed from its recently graduated 2018 training program cohort by investing $100,000 in each of seven companies who will join MEST Incubators ...
DEMO Africa has launched DEMO Ventures, an investment arm leveraging on the great successes of Demo Africa over the last 6 years to raise a $100m fund focused on early stage and growth startups across Africa. “Our proprietary deal flow of the 3,000+ early stage enterprises will form the bulk ...
On-demand wireless streaming service Able Wireless is still alive and kicking and yesterday sent out a public update on its progress after a two year-silence, celebrating its reach in Kenya after several months of working in the trenches. After launching its BlackBIRD Service- providing WiFi at Just Ksh 500 a month and earlier ...
UNICEF is looking to make up to $100,000 of equity-free investments to for-profit early stage drone startups that have the potential to benefit humanity, through the UNICEF Innovation Fund. The fund is available to registered startups in any of UNICEF’s programme countries and will provide startups with US$100,000 seed funding ...
Gravity provides on the fly identity management services for low income populations in developing countries. People just need access to a mobile phone - any phone - to create a robust ID sealed on a block chain. For more than half a billion people in Africa, mobile operators are struggling ...
Workstation is a hip new co-working space in the heart of Lagos Nigeria. It was born out of the founder'S own need for affordable tech-enabled work spaces. Workstation's mission is to drive innovation throughout emerging and frontier markets by providing dynamic, curated work-spaces designed to cultivate creativity, increase productivity and ...
Ushuru.co.ke, is Kenya’s first premium online tax website. The site aims to lighten taxpayers burden, by making the process of filing their tax returns a little easier, which Kenyans have complained for years on end of its tediousness. Ushuru.co.ke is open to expats and Kenyans in the diaspora. Its ultimate ...
Triple Cord is one of the fast growing companies in the Information Technology world in Kenya. The company has a number of solutions for communication problems. Patience Atsango an Economist major from Kenyatta University and Edwin Oloo experienced a gap that needed to be filled in the IT communication ...
SA based ed-tech startup SkillUp is a platform for tutors and students to get connected. The startup recently received an undisclosed amount in series A investment from South African investment firm Knife Capital. The startup was born out of a realization of the ineffectiveness of the private tutoring industry. Naturally, ...
Africa has for years been lagging behind in more ways than one and has desperately tried to leapfrog into the modern age, a move that has wound up plunging several African countries into debt. Health care is just one of these ways. This is due to several factors such as; ...
Innovate Kenya is an idea competition organized by Global Minimum Inc(GMIn), a charitable international organization that encourages young innovators and leaders in Africa to engage with critical thinking skills and hands-on learning programs to tackle challenges affecting their communities. It provides them with enabling tools, safe spaces, workshops, mentorship, ...
TIFAT a farm technology that connects farmers to a buyer’s marketplace emerged the winner of the DEMO Africa Uganda Innovation Tour. Tifat beat a field of more than 15 other startups from Uganda in a two-round contest at the Hive Collab in Kampala. 30 start-ups participated and they all came ...
After signing a deal with MEST to offer its training courses to startups in Accra, Lagos and Cape Town in partnership with incubator MEST, Moringa School has now started offering its training courses in Uganda, Kampala, after it signed a partnership deal with the Kampala-based Outbox Hub in April. Moringa is kicking it ...
Seedstars World, a startup competition for emerging markets and fast-growing startup scenes is coming to Zimbabwe for the third time and will hold at Impact Hub Harare on 29th of June, from 4 - 9 pm. In Harare, Seedstars is looking for 10 startups, which need to be less than 2 years old, ...
Organizations across the continent are fighting for talent with each one of them expecting to get the best talent in the market because each organization’s most valuable asset is their people. By allowing organizations to score the best talent in the market, TalentLatch is turning recruitment on it’s head to ...
LeBashe, which is 100% black owned and managed, has invested in RainFin, resulting into RainFin’s direct black ownership increasing to over 75% in a move expected to profoundly positive effect on the ability to service the SME segment across SA and Africa. In March last year, LeBashe had acquired a ...
Merck Accelerator Nairobi Satellite Program in conjunction with Mettā Nairobi selected ten startups for a 4 day coaching and mentorship bootcamp between 15th to 18th May, to provide an opportunity for startups innovating in healthcare, life science and performance materials sectors to quickly explore and validate the potential for co-creating ...
The global average cost of sending remittances was at 7.2 percent in 2017 Q3, significantly higher than the SDG target of 3 percent. According to the World Bank, two major factors contributing to high costs include the de-risking behavior of commercial banks and exclusive partnerships between national post office systems and a single money ...
Kenyan owned online shopping site OE.CO.KE has entered the Kenyan online retail space to enable local sellers market and sell their products online through the platform. The e-retailer that first launched in Kenya in August 2017 did not take up ecommerce immediately as it focussed on laying the foundation to ...
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 ...
Insurtech startup Lumkani has closed a seed funding round to provide highly vulnerable, traditionally excluded, low-income consumers living in informal settlements with insurance coverage. The funding round was led by 4Di Capital and Accion Venture Lab, the seed-stage investment initiative of financial inclusion leader Accion with participation of Lireas. Lumkani ...
Beacon Inclusive is a social enterprise that seeks to reboot equality by catalyzing internet of things technology to foster inclusion of vulnerable groups (Women and Children in low resourced areas, Refugees, and Persons with Disabilities) in society; founded upon the values embracing Inclusion and Diversity. Those who are on the ...
Sky.Garden is a SaaS mobile commerce platform built for retailers in Africa that allows retailers to sell inventory with ease on mobile. Sky.Garden aims to give back control to the individual retailer by allowing inventory control and immediate payment reconciliation in an automated platform, where local shipping and payment options ...
The Frontier Car Group, which operates Cars45 in Nigeria has raised $89m from Naspers to expand its second-hand car auction in Africa, Latin America and Asia, the FT reports. Early this month, FCG raised $58m Series B funding from Balderton, TPG Growth, automotive funds Fraser McCombs Capital, and AutoTech Ventures and $17M in debt financing ...
Selina Wamucii, a mobile platform that shortens the agricultural supply chain in Kenya, reducing food wastage and boosting farmers’ incomes has received $100,000 from global social impact programme Expo Live, run by organisers of the next World Expo, Expo 2020 Dubai. The firm will use the grant to further develop its ...
Frontier Car Group which runs Cars45 in Nigeria, has closed $41M Series B funding from Balderton, TPG Growth, automotive funds Fraser McCombs Capital, and AutoTech Ventures. to expand its used-car marketplaces within emerging markets. The company additionally raised $17M in debt financing from leading institutions and banks bring the total to $58m. According to Sujay Tyle, ...
Connecticut Innovations, a U.S. investor in early-stage technology companies has launched VentureClash, its global venture challenge in Nigeria targeting disruptive startups in digital health, fintech, IoT and insurtech. The $5 million contest kicked off in March with the first round of applications and will conclude with a finalist live pitch event ...
Nigeria's Alosfarm tackles some of the main market inefficiencies and challenges to growth for smallholder farmers within the agriculture value chain in Nigeria. Stephen Oloh, the CEO & Co-founder of Alosfarm told TechMoran that Nigeria’s agriculture is facing serious challenges such as low yield, enormous wastage of produce across the value chain ...
