Thursday, July 18, 2024
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tech startups

Kenyan Innovators Invited to Compete in inDrive’s Underdog Tech Award

InDrive , a Kenyan leader in global mobility and urban services, is thrilled to introduce the Underdog Tech Award. This new international prize is designed to honor the founders of the most promising tech startups outside of the well-established...

Unveiled: Africa Tech Festival Awards 2023

The achievements of some of the African technology, telecommunications, and media industry's most illustrious pioneers and tech entrepreneurs, will once again be fêted at the prestigious Africa Tech Festival Awards - taking place at the Bay Hotel in Camp's...

Nigerian Healthtech Startup Remedial Health Secures $4.4-Million in Seed Funding

Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has raised $4.4 million in seed funding. With this latest investment, the company plans to accelerate its expansion across Nigeria and provide access to...

Top 4 Most Trending Stories – Week in Review

As this week comes to a close we take a look at the stories that resonated most with our readers. This week, Amazon prepares to launch its presence in Africa, Kyndryl names a new managing director, FlySafair wants to expand...

Nigerian Insurtech Startup Secures $1.5-Million Pre-Seed Funding

ETAP, a Nigerian insurtech startup has announced today the securing of $1.5-million in pre-seed funding, which according to the company, will be used to grow its team and drive the adoption of its car insurance options across Africa. Starting in...

SA Startup Bringing “Tap to Pay” to Africa’s Informal Sector Raises Millions

Lipa Payments, a South African-based fintech start-up, has secured a R10-million ($659-thousand) investment from Empowerment Capital’s Imvelo Ventures, which is backed by Capitec Bank SA. Lipa Payments was one of the finalists in Capitec Bank’s Life 2.0 Hackathon in...

Nigeria’s Andela Achieves $1.5-Billion Valuation in Latest Series E Round

Andela, a global engineering talent outsourcing company launched in Nigeria in 2014 has secured a $200-million investment during a Series E funding round led by SoftBank Vision Fund 2, the venture capital arm of Japanese mega-corp SoftBank. This latest funding...

4 Lessons Private Equity Can Learn After a Huge 2020 for African VC

Despite the limitations of a global pandemic and its attendant lockdowns, African venture capital had a bumper year in 2020. According to a report from the African Private Equity and Venture Capital Association, the number of total reported venture capital...

4 Fresh Venture Capital Trends Shaping New African Investments

With the second half of 2021 approaches and COVID-19 vaccinations roll out across the globe, albeit at varying rates, Ian Lessem, Managing Partner at HAVAIC, investors in early-stage, high-growth technology businesses, considers the trends making an impact on the...

How Blockchain and Crypto Can Lessen Financial Exclusion in Developing Countries

While the COVID-19 crisis has reversed the recent global poverty reduction, according to the UN and other experts, it has also sped up financial inclusion via mobile financial services apps provided by crypto, blockchain and FinTech startups. Many people worldwide...
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Novus Holdings Invests R55 Million in AI Innovation Company

Novus Holdings has invested R55 million in Bytefuse, an AI company, to enhance its enterprise-scale solutions. Maski, an AI-powered tutoring...
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