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BusyMed Healthtech Secures Funding to Accelerate Expansion

BusyMed Healthtech Secures Funding to Accelerate Expansion

BusyMed, a South African e-health firm that is enhancing communities’ access to pharmacies, has raised extra capital to accelerate its expansion goals. Established in 2018, BusyMed provides customers with access to hundreds of items provided by nearby small pharmacies, including prescription medication, which users may then have delivered to their

Classera Partners With TD Africa To Extend Virtual Learning Adoption across Nigeria

Classera Partners With TD Africa To Extend Virtual Learning Adoption across Nigeria

One of Nigeria’s leading edtech startups, Classera, has gone into partnership with the foremost tech distributor in Sub-Saharan Africa, TD Africa, a collaboration intended to increase access to virtual learning, The West African country. The partnership was made known through Classera’s announcement on its LinkedIn page. the partnership

Americana to Expand to Egypt, Invest $26M in New Food Production Lines

Americana Group

Americana to Expand to Egypt, Invest $26M in New Food Production Lines

Americana Group, one of the largest food companies and restaurant chain operators in the Middle East, has expressed interest in investing $26 million in Egypt by launching new product lines, according to a cabinet statement. Mohamed Abdel Wahab, Executive Director of the General Authority for Investment and Free Zones (GAFI)

Dubai-Based Tabby Expands BNPL Payment Solutions to Egypt

Dubai-Based Tabby Expands BNPL Payment Solutions to Egypt

Tabby, a Dubai-based and the Middle East’s leading Buy-Now-Pay-Later (BNPL) and shopping payments solutions provider, has announced its entry into Egypt, to capitalize on the country’s growing e-commerce sector to provide consumers with interest-free, flexible payment options in the face of the rising cost of living. With $275

Banking The Unbanked; A Glimpse of The Nigerian Mind

Banking The Unbanked; A Glimpse of The Nigerian Mind

Humans are blessed with ideologies, most of which are to make them live in the free will they naturally possess. Meanwhile, our actions are an eruption of an in-depth thought process that has been identified and redefined to please, adapt or improve our society and most importantly ourselves. Our ideologies

Flat6Labs, SANAD Launch Agritech Accelerator Program for Egyptian Agritech Startups

agritech accelerator program

Flat6Labs, SANAD Launch Agritech Accelerator Program for Egyptian Agritech Startups

Flat6labs, the Middle East and North Africa’s leading seed and early-stage venture capital firm, has partnered with SANAD Entrepreneurship Academy to launch an agritech accelerator program to help 10 to 12 startups improve their business models, product development, customer relationships, marketing plans, and financial management. This demonstrates Flat6Labs’ commitment

Bruce Nsereko-Lule Becomes General Partner To Nairobi's Seedstars Africa Ventures

Bruce Nsereko-Lule Becomes General Partner To Nairobi's Seedstars Africa Ventures

Bruce Nsereko-Lule has joined Seedstars Africa Ventures, a VC based in Nairobi, that supports early-stage start-ups. Bruce is joining the team, to fill in the position as a full-time General Partner. One of the reasons Bruce is joining the team is to support the start-up’s fund strategy, equipping the

Be Mobile Africa launches in South Africa for Unbanked and Underbanked

Financial Inclusion

Be Mobile Africa launches in South Africa for Unbanked and Underbanked

With a goal of providing banking services to the unbanked and underbanked in the nation, Canada-based Neobank, Be Mobile Africa, has announced its formal launch in South Africa. Through its mobile app, it also provides low- to no-fee banking services. Opening a Be Mobile Africa account will let users hold,

Ghana to impose sanctions on unregistered SIM subscribers

Ghana to impose sanctions on unregistered SIM subscribers

Citizens who haven’t re-registered their Subscriber Identity Module (SIM) cards with Ghana (national) ID would face penalties issued by the National Communications Authority (NCA) from Monday, September 5. This was announced in a press release by the Ghana NCA’s twitter account. According to the body, voice and data

Nigeria's Duplo Raises $4.3 Million in Seed Round For Expansion

Nigeria's Duplo Raises $4.3 Million in Seed Round For Expansion

Duplo, a Nigerian business-to-business (b2b) payment transaction startup which makes seamless payment possible within the African business ecosystem has raised a seed round of Four Million and Three Hundred Thousand US dollars ($4.3 Million ), and proposed to expand its business offering and launch new products. The startup was Co-founded

Meta Launches ‘Creators of Tomorrow’ Campaign to Celebrate Emerging Talents from Across Africa

Meta Launches ‘Creators of Tomorrow’ Campaign to Celebrate Emerging Talents from Across Africa

Today, Meta announced the launch of “Creators of Tomorrow,” a new program that honors up-and-coming artists from all across the world who are spurring a new wave of creative content online. The promotion highlights artists from East Africa, Southern Africa, and Francophone Africa who are from Sub-Saharan Africa. The chosen

MTN Emerges Highest in Customer Satisfaction Rating, Ahead of Vodacom and Telkom

MTN Emerges Highest in Customer Satisfaction Rating, Ahead of Vodacom and Telkom

According to recent Analytico research, MTN has significantly higher customer satisfaction ratings among mobile data subscribers than Vodacom and Telkom. The ICT sector in South Africa receives reports, network intelligence, and marketing insights from Analytico, a research firm. The most recent network quality study, which demonstrates that MTN has the

South African Broadband Provider, Axxess, Launches 5G Service

South African Broadband Provider, Axxess, Launches 5G Service

The most popular ISP in South Africa, Axxess, has introduced its new Axxess 5G service, which offers speeds of up to 500Mbps for both residential and commercial connectivity. The most recent cutting-edge technology is ideal as a substitute for fiber in the home, a choice for a major business connection,

How Mastercard’s Partnership with EcoBank is Digitizing Agricultural Value Chain in Africa through Farm Pass

How Mastercard’s Partnership with EcoBank is Digitizing Agricultural Value Chain in Africa through Farm Pass

Millions of smallholder farmers in Sub-Saharan Africa now have access to Mastercard’s Farm Pass, a digital platform that makes it safer and simpler for farmers to sell their produce at a fair price. Farm Pass comes as a collaboration between Mastercard and Ecobank Group. As part of the agreement,

North African Tech Startup Funding and Egyptian Startups' Notable Moves in August

North African Tech Startup Funding and Egyptian Startups' Notable Moves in August

The apparent low in Tech funding in the North African Region in August, where all the nine startups that announced funding came from Egypt, unlike the previous month where three out of the seven startups that received funding were Egyptian, two from Morocco, while Sudan and Tunisia had one each

Ease of Telecom operations in Nigeria after suspension of proposed 5% excise duty

Digital Economy

Ease of Telecom operations in Nigeria after suspension of proposed 5% excise duty

The Nigerian government has suspended its plans of charging its telecoms industry excise duty fixed at 5 per cent. This was made effect due to concerns of the burden shift on consumers of telecom services since a 7.5 per cent Value Added Tax (VAT) was already in scheme – as

South Africa’s Information Ministry Announces Proposed 2G and 3G Shutdown Plan

South Africa’s Information Ministry Announces Proposed 2G and 3G Shutdown Plan

Khumbudzo Ntshavheni, South Africa’s minister of communications, has put up a schedule for decommissioning the 2G and 3G networks by 2025. The plan is contained in the ministry’s next-generation radio frequency spectrum draft policy. On Wednesday, Cabinet approved the policy, allowing it to be released for public comment.

South Africa’s Thumela Launches Last Mile Deliveries Platform

South Africa’s Thumela Launches Last Mile Deliveries Platform

South African startup, Thumela, has launched a counter-to-counter last-mile logistics system to make it easier, quicker, and more affordable for e-commerce companies and people to send and receive packages. Thumela was launched in May this year with the focus of delivering packages using vetted and trustworthy public taxi drivers who

Nestcoin’s Metaverse Magna secures $3.2 million seed to build Africa’s largest crypto gaming community

Nestcoin’s Metaverse Magna secures $3.2 million seed to build Africa’s largest crypto gaming community

Metaverse Magna (MVM) has raised $3.2 million seed to build Africa’s largest gaming decentralized autonomous organization (DAO). It was incubated in partnership with Old Fashion Research (OFR), a multi-strategy blockchain investment fund. This was after Nestcoin procured a pre-seed fund of $6.45 million in February of this

FinEstate Launches Platform For International Real Estate Investment

FinEstate Launches Platform For International Real Estate Investment

North America-based real-estate establishment, FinEstate, has launched a web platform that enables Nigerians to invest in properties abroad. The organization itself made this known through a press release it published. The platform gives Nigerians access to invest in real estate in other developed nations, specifically in Canada, the United States

el-dokan, MENA's First Enterprise E-Commerce Startup, Secures $550K Pre-Seed Round

el-dokan, MENA's First Enterprise E-Commerce Startup, Secures $550K Pre-Seed Round

el-dokan, the first-of-its-kind startup in the MENA region offering enterprise e-commerce technology, has received $550,000 in a pre-Seed round led by a group of local and regional investors including EFG EV and Flat6Labs, 500 Global, and Hala Ventures. This is the fourth undisclosed seed round that the startup is

Carzami, Egypt’s Online Retailer for Used Cars Receives Pre-Seed Investment from Contact

Carzami, Egypt’s Online Retailer for Used Cars Receives Pre-Seed Investment from Contact

Carzami, Egypt’s online retailer for high-quality used cars and vehicle financing has raised an undisclosed sum in a pre-seed round from Contact Financial Holding, Egypt’s largest non-bank financial services provider. Its scalable inventory financing facility, which it intends to use to transform Egypt’s, used car market, with

South African Retail Giant, Massmart, Exits Nigerian Market

South African Retail Giant, Massmart, Exits Nigerian Market

Due to declining consumer demand and currency volatility, South African retail giant, Massmart has sold its Games Discount World stores in Nigeria. According to information obtained by BusinessDay, the assets were sold to the main shareholder of PricePointe Wholesale Club, a company that runs a wholesale store in Lagos. As

Nigeria Government To Partner With Binance For Economic Growth

Nigeria Government To Partner With Binance For Economic Growth

The federal government of Nigeria has revealed that it is in the process of securing an agreement with Binance a cryptocurrency exchange company, in other to develop a digital city, similar to that which is in existence in Dubai. Binance is one of the world’s leading blockchains, it has