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South African fintech startup, Payflex secures funding from Zip Co Limited

South African fintech startup, Payflex secures funding from Zip Co Limited

Payflex, a South African fintech startup has announced that it has raised an undisclosed amount of funding from Australian-listed multinational fintech firm, Zip Co Limited (ASX: Z1P). Commenting on the funding, Paul Behrmann, CEO, and founder of Payflex remarked that the investment and support by Zip Co is a vote

Nigerian Crypto Startup, AFEN Group raises $1million in Token Sales Round

Nigerian Crypto Startup, AFEN Group raises $1million in Token Sales Round

Nigeria’s crypto startup AFEN Group has raised $1million in token sales round. AFEN Group is Nigeria’s first government-backed NFT initiative launched by its 27-year old CEO and former banker, Deborah Ojengbede. The platform has been focused on decentralized finance, arts, real estate, and education while acting as a

African startups can apply and benefit from the IsDB Transform Fund 2021

African startups can apply and benefit from the IsDB Transform Fund 2021

The Islamic Development Bank (IsDB) has announced the Transform Fund Call for Innovation 2021 where it will be giving out up to $500millioon to startups. The event will focus entirely on supporting its Member Countries‘ recovery from the COVID-19 pandemic with the aim of building a stronger, more resilient, and

Egyptian startup, Yodawy seals partnership with MedNet Egypt to offer Egyptians digitised healthcare

Egyptian startup, Yodawy seals partnership with MedNet Egypt to offer Egyptians digitised healthcare

The cairo-based health-tech startup, Yodawy has announced its partnership with MedNet Egypt to offer its insured members easy and digital access to their prescribed medications. With this announcement, MedNet members will now be able to order their insured and prescribed medications for delivery from Yowdy’s easy-to-use online platform. This

Nigerian Fintech Startup Okra raises $3.5M

Nigerian Fintech Startup Okra raises $3.5M

Nigerian Fintech startup and Open Finance pioneers, Okra, have just announced they secured a $3.5m Seed fund in a funding round led by US-based Susa Ventures. TLcom Capital and Accenture Ventures also participated in the funding round. Okra was founded by Fara Ashiru Jituboh and David Peterside in January

African Entrepreneurs can apply for the Afrique Créative Incubation Program

African Entrepreneurs can apply for the Afrique Créative Incubation Program

The Afrique Créative incubation program is calling on entrepreneurs and startups with the creative and innovative skills to apply for its incubation program. Afrique Créative is an incubation program for African cultural and creative businesses that aims to support sustainable growth that will bring about change through supporting and strengthening

African Startups and Individuals can apply for the GoGettaz Agripreneur Prize Competition

African Startups and Individuals can apply for the GoGettaz Agripreneur Prize Competition

Generation Africa is inviting Agric startups to apply for its third annual US$100,000 GoGettaz Agripreneur Prize Competition. The platform seeks to engage young, Agrifood change-makers with business models that can revolutionize food systems across the African continent. Since its inception, Generation Africa has inspired Agrifood entrepreneurs from Cape

African Startups can apply for the Microsoft AI for Accessibility Grants

African Startups can apply for the Microsoft AI for Accessibility Grants

Microsoft is calling on startups and developers with innovative ideas that can promote equity for students with disabilities to apply for its Microsoft AI for Accessibility Grants. The call to action for developers, NGOs, academics, institutions, and tech startups that is willing to co-design AI-powered projects and products with students,

What Multichoice and Netflix’s rivalry mean for Africa

What Multichoice and Netflix’s rivalry mean for Africa

Multichoice with over 20million subscribers across Africa is the undisputed giant when it comes to PayTV subscriptions in the continent. The South African company currently dominates in over 13 African Countries with about 20million users subscribed to its DStv, GOtv, and ShowMax platforms. However, the business is not without a

Egyptian Startup Appetito raises $450k to drive African Expansion

Egyptian Startup Appetito raises $450k to drive African Expansion

Egypt-based Grocery Delivery Startup Appetito has announced it raised $450,000 in a seed funding round to help drive its expansion across and beyond Egypt. The funding round was led by a group of Saudi Arabian Angel investors under the leadership of Ahmed Al Alola, an early-stage investor supporting early-stage

African Startups can benefit from the BudStart 2021 Accelerator Program

African Startups can benefit from the BudStart 2021 Accelerator Program

AB InBev company has launched BudStart Global Accelerator Program 2021 to identify disruptive startup solutions among African startups. AB InBev is a global beer company established by Carlos Brito. The company has since been committed to improving lives in the communities where we operate. In 2017, it announced a commitment

Samurai Incubate closes $18.4M fund to invest in African startups

Samurai Incubate closes $18.4M fund to invest in African startups

The African tech scene, largely dominated by western investors has over the years seen immense growth. This growth has opened the continent up to diverse sources of funding from VCs and investors from other parts of the world; the latest among these investors is Samurai Incubate, a Tokyo-based Africa-focused VC

Andela announces Global Expansion of its Engineering Talent

Andela announces Global Expansion of its Engineering Talent

Andela a global talent network that helps companies build remote engineering teams has just announced the global expansion of their engineering talent. In a statement by Michael Archibald the CTO of SalesRabbit “Every one of the Andela engineers I have worked with has been stellar. They are great engineers, really

Egypt eCommerce Startup Secures six-figure Funding from Angel Investors

Egypt eCommerce Startup Secures six-figure Funding from Angel Investors

Egyptian eCommerce tech startup Kemitt has secured an undisclosed six-figure amount in funding from a group of Saudi Angel investors. Kemitt was founded in 2018 to ease the buying of furniture for customers. The startup operates using a platform that enables furniture designers to showcase their uniquely-made furniture products online

Young African Girls can apply for GirlEng Technovation Camp 2021

Young African Girls can apply for GirlEng Technovation Camp 2021

GirlEng is calling on all young African females aspiring to pursue a career in Science, Technology, Engineering, and Mathematics, females ready to learn how to code and gain access to engineering role models to apply for GirlEng Technovation Camp 2021. GirlEng Technovation Camp is organized to foster young girls interested

SA Startup Peach Payments secures Undisclosed Funding

SA Startup Peach Payments secures Undisclosed Funding

South African Fintech startup Peach Payments has raised an undisclosed additional funding round for further growth. The round was led by UW Ventures, a Johannesburg-based venture firm that invests selectively in a variety of private equity opportunities alongside management and trusted co-investors. Launch Africa Ventures, Allan Gray, as well as

South African Startups can apply for the Grindstone Accelerator programme

South African Startups can apply for the Grindstone Accelerator programme

Applications for Grindstone’s accelerator programme, an initiative tailored towards scaling up high-growth and innovation-driven SMEs in South Africa, are now open. The program is an equity free organized business advancement program that runs for a year and participants will be given market access openings, financing preparation, gap analysis, and

SA crypto startup Revix raises $4m, Plans Local and International Expansion

Artificial Intelligence

SA crypto startup Revix raises $4m, Plans Local and International Expansion

South African cryptocurrency investment platform Revix has raised $4 million in funding to help it launch mobile and expand to the European Union (EU). Revix was founded by Sean Sanders and Louis Buys in 2018 through a funding round from JSE-listed firm Sabvest. The startup has since aimed at making

African Hubs Network AfriLabs adds 28 New Members

Artificial Intelligence

African Hubs Network AfriLabs adds 28 New Members

Pan-African innovation hub network AfriLabs has added an additional 28 new members to expand its total membership to 268 across 49 countries. AfriLabs is a network of technology hubs in Africa founded in 2011 with the aim of supporting the growth and development of tech hubs in African communities so

SendSpend to launch Digital Payment System for Unbanked in Africa

SendSpend to launch Digital Payment System for Unbanked in Africa

SendSpend has announced its plans to launch its global payment system platform that enables unbanked individuals and merchants in Africa to complete payments and transfers only using a smartphone device. The plan was revealed in a press statement by Tracy Andersson, co-founder and group director of SendSpend as she explains

Ghananian fintech BezoMoney secures $200k in seed funding from Goodsoil VC

Ghananian fintech BezoMoney secures $200k in seed funding from Goodsoil VC

Accra-based fintech startup BezoMoney has secured $200k in a seed funding round led by London-based venture capital firm, Goodsoil VC. The startup plans to use this funding to build and deploy additional products and acquire the Payment and Financial Technology Service Providers (PFTSP) license in Ghana. The new products they

Nigeria’s GIG Logistics launches in UK, Eyes more Cross-border Deliveries

Nigerian logistics giant, GIG Logistics (GIGL), recently announced its expansion to Colchester, Essex, in the UK. With the company already operating in Nigeria, Houston, Texas, and Ghana, the expansion into Essex will come as an enhancement in service delivery and profit margin for the company. According to Ariyo Oluboye, Director,

Zeepay Ghana Acquires Zambian Mobile Money Operator Mangwee

Zeepay Ghana Acquires Zambian Mobile Money Operator Mangwee

In a never-before-seen move in Africa, a Ghanaian fintech company, Zeepay, has acquired majority stakes in Zambian mobile money startup, Mangwee. This deal which was sealed in a private placement has seen Mangwee agree to sell 51 percent of its shares to Zeepay. This deal makes Zeepay, which operates in

SA health-tech startup, Quro Medical secures $1.1M expand its hospital-at-home service

SA health-tech startup, Quro Medical secures $1.1M expand its hospital-at-home service

The Johannesburg-based health-tech startup, Quro Medical, has just raised $1.1 million in seed funding. The round was led by Kenyan and South African venture capitalist firms Enza Capital and Mohau Equity Partners. The startup intends to use this funding to help scale its operation across South Africa, to meet

Morocco-based Ed-Tech startup, Kezakoo raises $221K seed funding from Witamax One

Morocco-based Ed-Tech startup, Kezakoo raises $221K seed funding from Witamax One

Morocco-based Ed-tech startup, Kezakoo has secured $221K seed funding from Morocco-based investment firm, Witamax One. The round also saw participation from Morocco-based investment firms Southbridge A&I and AXXAM Family Office. With this investment, Kezakoo plans to complete and enrich the range of products it currently offers for the