A South African startup has launched a cheap approach to contact tracing in efforts to help with coronavirus measures. Contact tracing is a method of tracking used in countries like the United Kingdom, Singapore and South Korea to aid in containing SARS-CoV-2 infections. The tracing is able to track exactly...
The GEM SA report – titled Igniting startups for economic growth and social change – contains the facts, data and figures that highlight trends in entrepreneurship in South Africa. The results of the study reveal the fundamentals to consider when developing an informed response aimed at securing economic recovery. Angus...
Nigerian entrepreneur and former Diamond Bank CEO, Uzoma Dozie has launched a digital ecosystem - called Sparkle - that provides financial, lifestyle and business support services to Nigerians across the globe. Sparkle, which has been granted a banking license from the Central Bank of Nigeria (CBN), has been built to...
Opera's African fintech startup OPay remains committed to building a multi-service super app in Nigeria as the foundation to expand on the continent. OPay will also continue to operate ORide for limited passenger service — though the company is shifting the motorcycle ride-hail operation toward logistics businesses. These updates were offered...
New startup Rentoza is Africa's first on-demand rental platform. Started by a group of 4 South Africans convinced the stuff hiding in the bottom of their cupboards and garages should be paying rent for taking up so much space - stuff that they didn't want to sell because they might...
Biotech company 54Gene has increased Nigeria's laboratory testing capacity for COVID-19 with a mobile laboratory in Ogun, a state in the South-West of the country. In addition to its DNA biobank lab in Lagos, the number of molecular laboratories in the Nigeria Centre for Disease Control (NCDC)’s network of coronavirus...
Africa focused payment startup PalmPay has waived transfer fees in Nigeria and is offering direct payouts to customers who have contracted COVID-19 in the country, according to Tech Crunch. Launched in 2019, and backed by Chinese mobile-phone manufacturer Transsion, PalmPay has created the PalmPay Support Fund. The initiative will start...
A joint venture fund aimed at growing women-led businesses in Africa has reached its second close at $75-million and will announce its first investment soon, reports Tech Cabal. Known as Alitheia IDF, the fund focuses on investments for SMEs with high-growth potential in Africa. The fund invests in businesses that...
The National Information Technology Development Agency (NITDA) wants to provide an exemption for startups providing essential services during the lockdown in Nigeria, writes Tech Cabal. In keeping with this, the agency created an online form on 5 April to identify services companies. https://twitter.com/NITDANigeria/status/1246785000097398787 This move comes one week after the government imposed...
Techstars, the US-based global platform for investment and innovation, has announced the launch of a first-of-its-kind Global Online Startup Weekend, "Unite to Fight COVID-19". The company is calling on anyone with an idea or desire to help. Participants will work together from home with others in their country, spending...
Launched in November 2014, Cape Town-based Disrupt Africa is a one-stop-shop for all news, information and commentary pertaining to the continent’s tech startup – and investment – ecosystem. The company’s Research arm also releases in-depth reports on various aspects of the African tech startup ecosystem, from funding to fintech. While...
According to the Journal of Global Information Technology Management, Africa has become one of the fastest-growing regions in the world in terms of cyber-victimization and cybersecurity threats. In 2018, the United Nations Conference on Trade and Development found online shoppers across the continent grew at a rate of 18% annually...
New guidebooks are being released this year that profile some of Africa's most innovative and impactful startups. Covering start-ups in Nigeria, Ghana, Rwanda, South Africa, Egypt, and Kenya. These startup guide books shine a spotlight on companies tackling overarching socio-economic issues, the people behind them and the communities backing...
A Cape Town start-up has come up with a new and innovative way to make townships safe by building affordable smart alarm that sends notifications to communities on an app, reports Business Insider. Jonga, in isiXhosa, means "to watch" and was conceived by Ntsako Mgiba in 2016 when - at...
Nowadays we all really need to try our best to not touch our faces. It’s a society-wide effort in the face of COVID-19. Everyone from politicians and healthcare experts to content creators are warning against, but honestly – virus or no virus we should all be trying to live...
2019 was the best year yet for investment into the African tech startup space, with 311 companies banking a combined US$491.6 million - according to the annual African Tech Startups Funding Report 2019 released by Disrupt Africa. The report, which tracks the total amount of funding raised by African tech...
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