Nigerian fintech company, TeamApt has closed on a $5.5M Series A round, led by Quantum Capital Partners. The Lagos-based company is a leader in the development of Digital Banking, Digital Business solutions and running Payment Infrastructure for Africa. Today's announcement will see the company scale more aggressively into additional...
Accenture is on the hunt to find Africa's top tech start-up superstars – the digital pioneers solving critical challenges with technology across the continent. It's a search for Africa's big thinkers and big doers – visionaries who fearlessly push the boundaries of progress to shift African innovation to the...
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 Thanksgiving weekend double bill of Black Friday and Cyber Monday in 2014. Just three...
Linebooker, an online transport management company that matches trucks with loads in Cape Town, is disrupting South Africa’s freight transport industry. According to the company, Linebooker has enjoyed an excellent five months since its official launch in February 2017. It recently expanded its offering to manage all disciplines of...
Singapore based technology company, Pundi X, officially launched its blockchain-powered smartphone in Kigali, Rwanda. The XPhone is said to be there first blockchain mobile phone launched on the African continent. "The XPhone allows everyone to make a phone call on the blockchain," Zac Cheah, CEO of Pundi X. According to the...
South African startup, Lumkani, announced on Wednesday, 14 August 2019, that it has installed early warning fire detection systems in 20,000 homes across South Africa. To date, Lumkani has equipped 40,000 high fire risk homes in several of the country’s informal settlements with this early warning technology system. The project...
South African startups Sensor Networks and Digicape have partnered to launch an Apple Watch App for the Sensor Smart Tracker (“Smart Tracker”) device and integrate the existing Sensor Tracker App directly into Digicape’s online store to enable in-App purchases. “I’m a longstanding fan of the Sensor’s Smart Tracker, as it...
The Financial Inclusion Initiative at Omidyar Network announced it has spun off to launch Flourish, a new venture firm focused on backing entrepreneurs whose innovations are helping people across the globe to capture economic opportunity and achieve financial health. The firm launches with a global team of 18 professionals...
South African startup, EmptyTrips, was named the winner of the Chivas Regal Venture Pitching Den that took place on the 8th of September 2017 at the Cape Town Stadium. EmptyTrips, an online transport marketplace that matches transporters, agents and shippers in Africa, battled it out with 25 other finalists who...
BringCom, in partnership with science and technology investor, Imprimatur Capital, and European edge cloud software company, GIG Technology, have unveiled afriQloud. Launching in Uganda, afriQloud aims to provide customers with an innovative and secure cloud service. Hans van Linschoten, CEO of afriQloud says “we see significant potential in the growing African...
Microsoft South Africa today announced the launch of its BizSpark programme. This initiative is aimed at giving entrepreneurs and small businesses a boost. To make this happen, Microsoft has partnered with the South African government's Jobs Fund (which provided the initial financing for the project). The BizSpark programme will provide...
On 26 August 2019, Pan-African telecommunications service provider SEACOM announced a partnership with cybersecurity Sophos. This partnership will see the two companies develop a "next-generation" security solution called 'On-Premise Security.' This solution is aimed at cost-conscious small and medium enterprises (SMEs) across South Africa. SEACOM's 'On-Premise Security' is said to...
South African fintech, Centbee has launched a new feature in its Bitcoin wallet that allows users to purchase prepaid electricity, airtime and data. How to use Centbee to buy essential services with Bitcoin: South African Centbee users will find a new ‘buy’ button in the Centbee app menu where they can...
On Thursday, 20 June 2019, Naspers Foundry announced its first deal, with a $2.4 million investment in South African tech startup, SweepSouth. The startup is an online cleaning services platform that connects clients to trusted and reliable domestic cleaners. The investment kicks off Naspers’ commitment to supporting talented and ambitious...
Nigerian provider MainOne, has secured a deal with Lagos Garage. According to the company the deal will ensure that the 440.ng start-ups will have the high-speed internet service they need to build and deliver their products. The 440.ng is a fund and accelerator started by L5Lab and 88mph to invest...
MobiCash, a mobile financial services and technology company, today announced the release of their new platform called MobiSpaza in South Africa. The new platform is a spaza sector-focused mobile platform and is an inclusive business tool that builds bridges between spaza sector stakeholders, such as private corporations, state-owned entities,...
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