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Former Nigerian Bank CEO Reveals Finance and Business Focused Digital Ecosystem
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…
Opera’s OPay Still Planning African Expansion via Nigerian “Super App”
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…
INTERVIEW: Rentoza – Africa’s First On-Demand Rental Platform
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 –…
Biotech Startup Rolls Out Mobile Lab to Boost COVID-19 Testing in Nigeria
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…
Nigerian Startup Creates 100-Million Naira COVID-19 Payout Fund
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…
Fund for Women-Led African Enterprises Reaches $75-Million
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…
Nigerian Government to Support Struggling Startups
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…
Techstars Launches Global Startup Event to Fight COVID-19
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…
Disrupt Africa Connects Corporates and Investors with Innovative Tech Startups
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…
New Site Debuts Automotive Community Built on Consumer Trust
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…
These Guidebooks Profile Africa’s Most Important Startups
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…
Cape Town Start-Up Invents New Radical Way to Make Townships Safer
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…
New Wristband Buzzes When Your Hands Go Near Your Face
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…
African Tech Startups reach $491 million in Funding
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…
The African Startups ecosystem
AWS South Africa announced on Friday, 19 November 2019, that it had recently embarked on a journey to bring AWS Startup Days to Johannesburg, Lagos, Accra and Nairobi. AWS Startup Days are free events for early-stage founders, developers, and investors that…
IN PICTURES: Facebook iD8 Nairobi 2019
On Friday, 22 November 2019, Facebook brought together over 400 developers, startups and businesses from across Sub-Saharan Africa for its newest summit, ‘Facebook iD8 Nairobi’. According to the social media giant, the summit aimed to create a space for developers…
