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Amazon Egypt Rolls Out Intellectual Property Accelerator Program in Egypt

Amazon Egypt Rolls Out Intellectual Property Accelerator Program in Egypt

Amazon Egypt has announced the launch of its Intellectual Property (IP) Accelerator program in Egypt, which will allow small and medium-sized businesses (SMBs) to seamlessly obtain trademarks at a reduced cost to protect their brands, and deal with infringing goods on Amazon EG. The IP Accelerator connects SMB owners in

Edtech Startup Foondamate Expands Operations in Nigeria

Edtech Startup Foondamate Expands Operations in Nigeria

To provide students with access to multilingual online learning resources using low-data instant messaging services like Whatsapp, the South African Edtech startup Foondamate has expanded its operations to Nigeria. WhatsApp is used by Foondamate as a teaching tool because it enables students without reliable internet access to learn with the

Nexta, Egypt's FinTech Startup, Receives $3M Funding to Launch its "Next-Gen Banking App"

Nexta, Egypt's FinTech Startup, Receives $3M Funding to Launch its "Next-Gen Banking App"

Nexta, an Egyptian digital banking startup, has received a $3 million investment from eFinance Group, a state-owned provider of digital payments solutions, to launch its “Next-Gen” banking app in the coming months. Ahmed Hisham founded Nexta in 2021 with the singular vision of disrupting the Egyptian fintech scene with its

The Ouut Spotlights Univelcity As The Tech Academy Clocks 6 Years

The Ouut Spotlights Univelcity As The Tech Academy Clocks 6 Years

Various instances and events have occurred, recognizing Nigeria as one of the countries across the African continent that have produced a significant amount of tech professionals in the ecosystem. They have individuals who have won highly competitive competitions, raise funds from international tech contests, and many more. They have built

Visa Partners FTX to Roll Out Bitcoin Debit Cards

Visa Partners FTX to Roll Out Bitcoin Debit Cards

According to a report from Bitcoin.com, Visa and FTX have teamed up to introduce bitcoin debit cards in over 40 nations, including the US and certain Latin American, European, and Asian nations. Users will be able to pay for goods and services at businesses that accept Visa cards using

Fintech Startup, NALA Activates Apple Pay For African Customers In Diaspora

Fintech Startup, NALA Activates Apple Pay For African Customers In Diaspora

Tanzanian fintech startup, NALA has added Apple Pay to a list of its payment options for its users based in the US and UK. This will enable cross-border payments to beneficiaries dominating East African markets (Tanzania, Uganda, Kenya, and Rwanda) and Ghana. This update comes after the company deployed a

Trella, Egypt’s B2B Digital Trucking Marketplace Secures $6M in Debt Funding

ALMA Sustainable Finance

Trella, Egypt’s B2B Digital Trucking Marketplace Secures $6M in Debt Funding

Trella, Egypt’s B2B Tech Platform and trucking marketplace, has secured $6 million in debt financing from ALMA Sustainable Finance (ALMA) and the United States International Development Finance Corporation (DFC) to support its growth. Trella, which was founded in 2018, is a B2B technology platform and trucking marketplace that connects

Kenzz, an Egyptian-based Mass E-Commerce Platform, Raises $3.5M Seed Fund to Scale

Kenzz, an Egyptian-based Mass E-Commerce Platform, Raises $3.5M Seed Fund to Scale

Kenzz, the mass eCommerce platform providing reliable online shopping options to the masses in Egypt and the MENA region, has today announced that it has raised $3.5 million in Outliers Venture Capital – a venture capital fund backing early-stage outlier founders in the US & MENA-led seed funding round with

ShaQ Express Hits 13,000 Customer Base Plans Local, International Expansion

ShaQ Express Hits 13,000 Customer Base Plans Local, International Expansion

ShaQ Express, a Ghanaian startup in logistics has gained a customer base of 13,000 users even as it bootstrapped itself during the growth experience. With this achievement, the startup is planning to expand its market both at home and abroad Founded by Anthony Owusu-Ansah in 2020, ShaQ Express has

Meet The Three Founders Building Fast Forward Venture Studio to Help African Startups from Idea Level

AltSchool Africa

Meet The Three Founders Building Fast Forward Venture Studio to Help African Startups from Idea Level

Opeyemi Awoyemi is a Nigerian serial tech founder having led several significant startups. Before exiting one of his well-known establishments, Jobberman, an online job site founded in 2009 — he was the co-founder. It was eventually acquired by Ringier One Africa Media (ROAM) in 2016. After this, he went on to

Yellow Door Energy Closes $400 Million New Equity to Advance its Projects in the Middle East, Africa and Asia

Yellow Door Energy Closes $400 Million New Equity to Advance its Projects in the Middle East, Africa and Asia

Yellow Door Energy (YDE), a partner in sustainable energy for businesses, has raised a $400 million new equity round to accelerate the growth of its sustainable energy projects in Africa, the Middle East, and other regions. Actis, YDE’s newest and current majority stakeholder, contributed the finance, and existing shareholders

Mastercard Launch Crypto Source to Offer Crypto Trading Tied to Bank Accounts

Mastercard Launch Crypto Source to Offer Crypto Trading Tied to Bank Accounts

A new service from Mastercard will let customers to purchase and sell digital assets using their bank accounts, possibly opening the door for thousands of financial institutions to provide cryptocurrency trading. According to Ajay Bhalla, president of cyber and intelligence at Mastercard, the product, named Crypto Source, will launch in

Morocco Set to Become Key Supplier of EV Batteries

Morocco Set to Become Key Supplier of EV Batteries

Morocco is investing in the development of phosphate-based lithium EV batteries that are low-cost, widely available, and more efficient. Leila Benali, Morocco’s Minister of Energy, said at an international conference on EV batteries at the Mohammed VI Polytechnic University (UM6P) in Benguerir yesterday, that the country is currently investing

EEP, Acquires Majority Stake in Egypt’s Education Content Developer, Selah El Telmeez

EEP, Acquires Majority Stake in Egypt’s Education Content Developer, Selah El Telmeez

EEP, Egypt Education Platform, Egypt’s fastest growing education service provider, and The Sovereign Fund of Egypt (TSFE) have announced entering into definitive agreements on 6 October to acquire a majority stake in Selah El-Telmeez (SET), the famous 60-year-old legacy K-12 education content developer. This combines EEP’s distinct education

Airtel Zambia Completes Additional Spectrum Purchase in Zambia

Airtel Zambia Completes Additional Spectrum Purchase in Zambia

The parent company of the cellco, Airtel Africa, announced that Airtel Zambia has finalized the acquisition of 60MHz of additional spectrum in the 800MHz and 2600MHz bands for a total price of $29 million (payable in local currency). The airwaves would be used to assist the Zambian unit’s network

Software Startup, Snapt, Shuts down

Software Startup, Snapt, Shuts down

Application delivery controllers (ADCs) and load balancing software provider Snapt, located in South Africa, has shut its doors amid what appears to be a financing shortage. After the agritech WeFarm, Notify Logistics, and the Kenyan foodtech Kune, Snapt is the third well-known business to close its doors. In order to

Eskom Signs First Land Deals for Private Solar, Wind Farms

Eskom Signs First Land Deals for Private Solar, Wind Farms

Eskom has signed a leasing agreements with backers of private energy producers for the development of renewable energy facilities on the property owned by the state-owned utility in Mpumalanga. HDF Energy South Africa, Red Rocket SA, Sola Group, and Mainstream Renewable Power Developments South Africa are the winning bidders. The

Maplerad Secures $6 Million in Seed Funding, to Soar Client Acquisition Among Others

Maplerad Secures $6 Million in Seed Funding, to Soar Client Acquisition Among Others

US-based Nigerian Banking-as-a-Service (BaaS) platform, Maplerad has raised $6 million in Seed funding led by Peter Thiel Valar Ventures to accelerate product offerings, empower builders and businesses and help consumers make payments across borders differently with Wirepay, its cross-border payment solution. Other participants in the round include; Golden Palm Investments

EzyAgric Partners with Pezesha To Launch BNPL In Uganda

EzyAgric Partners with Pezesha To Launch BNPL In Uganda

EzyAgric has gone into partnership with Pezesha to launch a new product service that enables agro merchants, “buy now and pay later” with a convenience that scales their businesses. Agro merchants or Agro-inputs that use the agric tech platform will have access to apply for inventory financing, such that they

One Finance Rolls Out BNPL Services in Egyptian Market

One Finance Rolls Out BNPL Services in Egyptian Market

One Finance, an integrated consumer financing platform, has launched its Buy-Now-Pay-Later (BNPL) services in the Egyptian market with an issued and paid-up capital of $5 million (EGP 100 million.) For the first time in the Egyptian market, the company introduces an innovative buy now pay later (BNPL) business model by

Bboxx Partners With Ampersand To Make E-Motors Available for Uganda Riders

Bboxx Partners With Ampersand To Make E-Motors Available for Uganda Riders

A super platform that provides access to essential services and products, Bboxx, has partnered with Ampersand, an E-mobility platform focused on providing sustainable solutions for transportation across East Africa. This partnership is meant to see to Ampersand’s expansion plan especially that of its e-mobility strategy in Rwanda. Recently there

B.TECH Launches “b_labs”, a Hub for the Egyptian Tech Talents

B.TECH Launches “b_labs”, a Hub for the Egyptian Tech Talents

B.TECH, Egypt’s leading integrated omnichannel retailer and consumer finance platform, has officially launched “b labs,” a technology hub that will serve as B.TECH’s transformation and digitization engine. According to the firm’s statement, b labs is intended to serve a wide range of business verticals such

Bike-Hailing Business Perils in Nigeria: Examining SafeBoda's Masterplan

Alastair Sussock

Bike-Hailing Business Perils in Nigeria: Examining SafeBoda's Masterplan

After the Lagos state government ban on motorcycles, residents are having to deal with fare hikes and staking their mental health. The ban has also led to the diversification of startups such as Maxng, and Gokada as well as failed business operations as in the case of OPay‘s ORide

ShapShap Nigeria Wins SuperNova Prize of $8000 At GITEX Global 2022

ShapShap Nigeria Wins SuperNova Prize of $8000 At GITEX Global 2022

Nigerian digital marketplace and logistics startup, ShapShap, has been announced as the winner at the 2022 GITEX Global, winning Eight thousand US dollars ($8,000) as the cash prize for the Supernova, a contest for Mobility and Smart Innovator. ShapShap was launched by Khalil Halilu in 2019 as an on-delivery

Airtel Acquires 5G Spectrum In Tanzania

Airtel Acquires 5G Spectrum In Tanzania

Indian multinational company, Airtel Africa Plc, has announced its acquisition of an additional spectrum in the East African country, Tanzania. It revealed that it had purchased the 140 megahertz spectrum split between 2600 and 3500 MHz bands for $60.1 million from the Tanzanian Communications Regulatory Authority (TCRA). This new