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Nigerian payments company Paystack raises $8 million in Series A funding

Nigerian payments company Paystack raises $8 million in Series A funding

August 29, 2018 • Startups, Top Stories, West AfricaComments Off on Nigerian payments company Paystack raises $8 million in Series A funding

Paystack, a Nigeria-based startup that provides payments tools to businesses in Africa, has raised $8 million in Series A funding. The round was led by Stripe, and includes Visa, follow-on funding from Tencent and Y Combinator, as well as angel investors Tom Stafford (Managing Partner at DST Global), Gbenga Oyebode (founding partner of Aluko & [&hellip...

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Google announced the launch of its second Launchpad Accelerator Africa class as part of its ongoing efforts to support entrepreneurship on the continent.

Google announces Launchpad Accelerator Africa Class 2

August 27, 2018 • East Africa, Southern Africa, Startups, Top Stories, West AfricaComments Off on Google announces Launchpad Accelerator Africa Class 2

Google announced the launch of its second Launchpad Accelerator Africa class as part of its ongoing efforts to support entrepreneurship on the continent. The accelerator, which is housed in Lagos, Nigeria, has already demonstrated its value. The first...

Pineapple, South Africa’s first peer-to-peer insurance company, today announced that it has been accepted into Google’s Launchpad accelerator.

South Africa’s Pineapple Insurance startup accepted into Google accelerator

August 27, 2018 • Finance, Southern Africa, StartupsComments Off on South Africa’s Pineapple Insurance startup accepted into Google accelerator

Pineapple, South Africa’s peer-to-peer insurance company, today announced that it has been accepted into Google’s Launchpad accelerator. There have been eight batches of start-ups accepted into the accelerator over the past three years. This includes...

How AI, machine learning boost cyber security

Startups need cyber insurance too

August 17, 2018 • Security, Startups, Top StoriesComments Off on Startups need cyber insurance too

It’s too easy for small to medium-sized enterprises (SMEs) to dismiss cybercrime, because they view themselves as too small to be attractive targets for criminals. However, this is not the case. Simon Campbell-Young, CEO of MyCybercare, says that in...

Nigeria's Publiseer accepted into Venture Incubation Programme

Nigeria’s Publiseer accepted into Venture Incubation Programme

August 17, 2018 • Southern Africa, Startups, West AfricaComments Off on Nigeria’s Publiseer accepted into Venture Incubation Programme

Nigeria’s digital publishing company, Publiseer has been accepted into the Venture Incubation Programme Winter School 2018. The programme will take place at Solution Space, Graduate School of Business, University of Cape Town, in Cape Town, from 3...

Understanding payment trends to ensure customers get what they want

Five steps for online startups to take advantage of Black Friday

August 16, 2018 • Security, Startups, Top StoriesComments Off on Five steps for online startups to take advantage of Black Friday

According to Google Trends, last year South Africa registered the largest ‘Black Friday’ search interest of any country, even ahead of the US where the retail mega-event was conceived. “South African retailers first began promoting the...

Mines secures $13M Series A to expand credit platform for emerging markets

Fintech startup secures $13M Series A to expand credit platform for emerging markets

August 13, 2018 • East Africa, Finance, Southern Africa, Startups, Top Stories, West AfricaComments Off on Fintech startup secures $13M Series A to expand credit platform for emerging markets

Mines, a fintech startup re-inventing credit in emerging markets, has closed a Series A round of $13M led by The Rise Fund, a global fund managed by TPG Growth. Also participating are Velocity Capital, Western Technology Investments, First Ally Capital,...

Temenos and AUC Venture Lab team up to accelerate fintech innovation in Egypt. Picture: Innovation Labs

Temenos and AUC Venture Lab team up to accelerate fintech innovation in Egypt

August 13, 2018 • East Africa, Startups, Top StoriesComments Off on Temenos and AUC Venture Lab team up to accelerate fintech innovation in Egypt

The Venture lab at The American University in Cairo, university-based startup accelerator in Africa and the MENA region, and Temenos, the banking software company, have announced their intention to collaborate and strengthen the fintech ecosystem in Cairo....

Teams Of Girls From India And Nigeria Win International Mobile App Competition

Start-ups from India and Nigeria win International Mobile App Competition

August 11, 2018 • Startups, West AfricaComments Off on Start-ups from India and Nigeria win International Mobile App Competition

Iridescent, a nonprofit empowering underrepresented young people globally to become innovators and leaders, announced that two teams of girls – one from India and Nigeria – won top honors at its 2018 Technovation World Pitch Summit, a tech...

The objective of GirlCodeHack is to provide young girls, eager to join the software industry with an opportunity to develop some of the real-world skills they need to enter the business environment.

GirlCodeHack announces winning team, and Women in Technology Conference

August 10, 2018 • General, StartupsComments Off on GirlCodeHack announces winning team, and Women in Technology Conference

Girlcode, a social enterprise that aims to empower young girls and women through technology, today announced the national winners of it its 5th annual Hackathon. The grand prize-winning team, ‘Lightbulb’ from, Johannesburg, will be going to the...

Ecobank Fintech Challenge, a competition for Africa-focused technology start-ups.

Ecobank announces finalists of the Ecobank Fintech Challenge 2018

August 9, 2018 • Startups, Top StoriesComments Off on Ecobank announces finalists of the Ecobank Fintech Challenge 2018

Ecobank, independent pan-African banking group, has announced the finalists for the 2nd edition of the annual Ecobank Fintech Challenge, a competition for Africa-focused technology start-ups. The list includes eleven (11) fintech start-ups from across the...

kulula.com steps up again to inspire start-ups with Primestars in 2018

kulula.com steps up again to inspire start-ups with Primestars in 2018

August 7, 2018 • Southern Africa, StartupsComments Off on kulula.com steps up again to inspire start-ups with Primestars in 2018

South Africa’s low-cost carrier, kulula.com is proud to announce that it has for a fifth year in a row partnered with Primestars to launch their Step Up to a Start-Up campaign for 2018, together with South Africa’s Minister of Small Business...

Crucial moment for fintech as policy makers play catch-up

African Fintech startups to look out for in 2018

August 6, 2018 • Features, Lists, Startups, Top StoriesComments Off on African Fintech startups to look out for in 2018

There are a number of impressive African fintech startups emerging from the continent, and 2018 could be a very important year for their growth and success. From mobile money transfer apps to tech firms determined to help users save, these tech startups come...

From start-up to growing business – here’s how to shake things up

From startup to growing business – here’s how to shake things up

August 4, 2018 • Opinion, Southern Africa, StartupsComments Off on From startup to growing business – here’s how to shake things up

So, you’ve survived the start-up phase of your business. Now it’s time to grow. Whether you’re looking to expand by diversifying your product or service offering, or by entering new markets, you’ll need a few strategies to help you along the way....

Nigerian B2B Venture Builder Zone Tech Park launches

Nigerian B2B Venture Builder Zone Tech Park launches

August 3, 2018 • Startups, Top Stories, West AfricaComments Off on Nigerian B2B Venture Builder Zone Tech Park launches

Zone Tech Park, a new venture builder for start-ups in Nigeria, has officially opened for business Located in Lagos, Zone Tech Park is the brainchild of Bolaji Olagunju, a serial entrepreneur and Founder and CEO of The Workforce Group, Nigeria’s leading...

Aerobotics launches their latest vineyard tech

South African startup uses AI to help farmers

July 26, 2018 • Features, Startups, Top StoriesComments Off on South African startup uses AI to help farmers

South African startup, Aerobotics, recently announced that they successfully closed its Series A funding round with a raise of approximately $2 million. The data analytics company uses aerial imagery and machine learning algorithms to optimise crop...