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Highlighting the 25 Startups for SA’s Grindstone Accelerator Cape Town and Johannesburg cohorts

Highlighting the 25 Startups for SA’s Grindstone Accelerator Cape Town and Johannesburg cohorts

The South African accelerator, Grindstone, has named 25 startups for its year-long accelerator program. Startups will be participating in cohorts in Cape Town and Johannesburg. Selected startups will go through a thorough assessment of their strategy during the program and receive coaching from top international resources, including some of the

UNECA Launches "Tech African Women" Program for Women-led Idea-Stage Startups in Africa

UNECA Launches "Tech African Women" Program for Women-led Idea-Stage Startups in Africa

UNECA (United Nations Economic Commission for Africa), in collaboration with Betacube, has announced the launch of its first Tech African Women (TAW) program, inviting female-led idea stage startups from Ethiopia, Senegal, Tanzania, and Tunisia to apply. UNECA announced the launch of the TAW (tTech African Women) program last Thursday, to

2022 Q3 Kicks Off With Multiple Training and Fellowship For Women Interested in Tech

2022 Q3 Kicks Off With Multiple Training and Fellowship For Women Interested in Tech

It was such a buzz when the English Premier League (EPL) kicked off on the 5th of August 2022. The excitement streams out of every man who loves football, you see them share posts about it on social media and talk about it in gatherings, now the Tv is theirs

Fiber War: Competition Hurdles in South Africa’s Telecom Industry

Fiber War: Competition Hurdles in South Africa’s Telecom Industry

Africa is not new to fiber-optic networks. According to some estimates, African nations have installed more than 1.389 million kilometers of terrestrial fiber lines, 936,000 of which were up and running in 2018. What Africa is new to is fiber war, and it might just be a completion

Nigerian Beacon Power Services Secures $2.7 Million Seed Round

Nigerian Beacon Power Services Secures $2.7 Million Seed Round

Beacon Power Services (BPS) a Nigerian tech startup has secured a $2.7 million seed round. BPS is known to provide energy management software and also analytics used by utilities and mini-grid operators. It was revealed that the secured funding will help the company develop its current product, which includes

Bitcoin Witnesses 20% Price Surge, as Ethereum, Rises by 50% to Rekindle Investors' Hope

Bitcoin Witnesses 20% Price Surge, as Ethereum, Rises by 50% to Rekindle Investors' Hope

Bitcoin (BTC), the world’s first decentralized cryptocurrency’s price has risen by more than 20% in the last week, reaching its highest level in more than a month. According to The Independent, the cryptocurrency rose above $23,500 on Wednesday after seven straight days of price increases, providing investors

The African National Congress (ANC), move to Schedule the Phase-out of 2G and 3G Connections in South Africa

Internet connectivity

The African National Congress (ANC), move to Schedule the Phase-out of 2G and 3G Connections in South Africa

South Africa’s ruling party, the African National Congress (ANC), has advised that the country establish a formal schedule for the phase-out of 2G and 3G connections to modernize the mobile networks, according to the country’s ruling party. Khumbudzo Ntshavheni, the communications minister for South Africa and an ANC

Women Techsters Selects Over 1,000 Women Across Africa For Concentrated Tech Training

Women Techsters Selects Over 1,000 Women Across Africa For Concentrated Tech Training

The Women Techsters Fellowship (WTF) Technology For Social Change and Development Initiative, class of 2023, taking place in Lagos, Nigeria has selected Sixty-Eight (68) women from Kenya, to be admitted into the program. The Women Techsters which launched in 2021 is directed at filling the gap between digital and technology

O7 Therapy, Partner with Boubyan Takaful Insurance to Introduce Therapy and Mental Health Services in Kuwait

O7 Therapy, Partner with Boubyan Takaful Insurance to Introduce Therapy and Mental Health Services in Kuwait

07 Therapy, an Egyptian health tech startup pioneering access to online mental health services for Arabic-speaking people around the world through technology-enabled and evidence-based therapeutic services delivered by a selected network of psychiatrists and psychotherapists, has signed a first-of-its-kind partnership agreement with Kuwait’s insurance company, Boubyan Takaful Insurance company,

The Common Sense, The Understanding and The Spirituality in Bootstrapping

The Common Sense, The Understanding and The Spirituality in Bootstrapping

More startups are beginning to explore for alternative funding sources, like crowdfunding and revenue-based finance, to help them expand. Because of the failure of many enterprises caused by the misalignment of entrepreneurs and investors, African startups must carefully select the sources of their funding. While early-stage startups are confused about

Openserve Splits from Telkom South Africa

Openserve Splits from Telkom South Africa

OpenServe, the wholesale network infrastructure division of Telkom Group, a provider of mobile networks in South Africa, has announced it will henceforth operate as a separate subsidiary. Following the conclusion of a balance sheet and asset allocation exercise, Telkom disclosed this in its 2023 Q1 financial results. The division will

Skrmiish, a South African Gaming Startup, Receives $2.5 million Seed Funding Round

Skrmiish, a South African Gaming Startup, Receives $2.5 million Seed Funding Round

Skrmiish, a South African-based mobile “play-to-earn” platform that enables gamers of all skill levels to profit from each match they take part in across the AAA+ games they enjoy, has just announced a $2.5 million seed round. Among the investors in the investment round are Stellar, the Blockchain Founders

Mdundo Surpasses Projected Streaming Target For Year 2022

Mdundo Surpasses Projected Streaming Target For Year 2022

Kenya-based music streaming platform, Mdundo, has announced that it has surpassed its targeted listenership for the year 2022. This it made none when it disclosed that it now has 20.3 million active users monthly as of June 2022. Mdundo had a target of between 19 to 20 million users

Kenya's FaidiHR Receives Undisclosed Amount Of Funding

Kenya's FaidiHR Receives Undisclosed Amount Of Funding

One of Kenya’s fintech startups, FaidiHR, has received investments in form of funding from SprintX, a Venture capitalist established in the US. Faidi is a startup that deals with payroll services, the startup has recently changed its name from Crew HR & Payroll to FaidiHR as a result of this

TymeBank Chases Business Banking Market Share with Purchase of Retail Capital

TymeBank Chases Business Banking Market Share with Purchase of Retail Capital

The fintech startup Retail Capital, which finances South African Small and Micro Enterprises (SMEs), has been purchased by South African digital bank TymeBank for an undisclosed sum. The transaction is pending regulatory approval. Retail Capital which provides simplified funding for SMEs asserts that in the previous ten years, it has

The Sudanese Tech Startup Ecosystem: Bloom in Focus

The Sudanese Tech Startup Ecosystem: Bloom in Focus

Sudan, with a population of nearly 45 million people, is one of Africa’s ten most populous countries, with enormous economic potential. It has an abundance of natural resources, including oil and gold, a tenth of the world’s unused arable land, and access to Africa’s rapidly growing markets

So much Binance Irregularities: How much more can Nigerians and Africans Take?

So much Binance Irregularities: How much more can Nigerians and Africans Take?

Nigerians and users from other African countries have in recent times severally recounted their negative experience while trading with Binance. Reports suggests that they were denied access to their wallets (accounts) for no discernible reason, citing Binance irregularities. According to several, they discovered large anomalies in their wallets, which led

YC Reduces Summer 2022 Cohort Size by 40% Due to Economic Downturn

YC Reduces Summer 2022 Cohort Size by 40% Due to Economic Downturn

Y Combinator, an American-based global technology startup accelerator has reduced the number of startups within its accelerator for the summer 2022 batch from 414 in its previous cohort to 250, which represents a 40% reduction. According to The Information, this was due to the current economic downturn and the recent

Theconnecthead; Connecting Talents Via Tech

Theconnecthead; Connecting Talents Via Tech

How music makes you feel is exactly what makes it important. Listening to Jimmy Cliff’s “I can see clearly now” just after the rain is gone while inhaling the clear air, and looking at the blue sky can definitely make you feel refreshed. Or listening to “Eyo”, by our

African Startups Can Benefit from Tholoana Enterprise Programme

African Startups Can Benefit from Tholoana Enterprise Programme

The SAB Foundation has issued a call for applications for its Tholoana Enterprise Programme, which is looking for growth-oriented business owners committed to reaching new heights of achievement. The SAB Foundation’s goal in fostering entrepreneurship is to make funding and support for company growth available to entrepreneurs so they

What African Startups Can Achieve from the GoGetta Equity-based Crowdfunding Platform

What African Startups Can Achieve from the GoGetta Equity-based Crowdfunding Platform

Angel and Venture Capital investors from South Africa and beyond can now choose from vetted prospects to make rapid, secure investments of R1000 (approximately $60) or more to acquire shares in a variety of African businesses. The digital crowdfunding platform, GoGetta makes this possible in order to help early-stage African

Youverify Raises $1million In Seed Round Extension

Youverify Raises $1million In Seed Round Extension

Nigerian identity verification company, Youverify, has announced its success of raising One million US dollars ($ 1 million) in seed round extension, the startup had previously raised One million, Five hundred Thousand US dollars ($1.5 million), which brings the total seed raised to Two million, Five hundred thousand US dollars

SWVL Terminates $100M Acquisition of U.K’s Zeelo: The Spotlight On Both Mobility Firms and their Plans Going Forward

SWVL Terminates $100M Acquisition of U.K’s Zeelo: The Spotlight On Both Mobility Firms and their Plans Going Forward

Swvl, an Egyptian-born startup that provides shared mobility services for intercity and intra-city trips, has terminated its acquisition deal with Zeloo, a UK-based B2B smart bus operator, according to a statement issued by the company on Friday. The Dubai-based company went public through a SPAC in April of this year

Kenyan Insurtech, Lami Secures $3.7 million Seed For Extension

Kenyan Insurtech, Lami Secures $3.7 million Seed For Extension

Kenyan insurtech, Lami Technologies, has secured a seed round to the tune of Three million Seven Hundred Thousand US dollars ($3.7 million) this was made known during an interview with journalists. Lami Technologies launched its first product in 2020, intending to increase insurance access in Kenya and to Kenyans

Digital Realty Completes Acquisition of Teraco

Digital Realty Completes Acquisition of Teraco

According to Teraco Data Environments, the previously announced deal by Digital Realty to buy a majority stake in the business from a group of investors that included Berkshire Partners and Permira has been successfully completed. Digital Realty is the largest global provider of cloud and carrier-neutral data centre, colocation and