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A collection of 52 posts

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African Tech Startup Ecosystem Witnesses Record Funding Decline in Q1 2024: A Closer Look

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Transforming Financial Relationships: Meet Yunite, Africa's Trailblazing Couple-focused Fintech

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​African Tech Startup Funding Dipped by -39% YoY in 2023

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Exploring the Implications of Western Appeal to African Tech Startups on the Continent

The African tech landscape is thriving, with over ten thousand innovative businesses working relentlessly to address some of the continent's most critical challenges. These startups have piqued the interest of both international and domestic investors, with total venture capital funding increasing from less than $190 million in 2015 to more

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Unraveling African Tech Startup Failures: Lessons In Leadership, Mismanagement, And Extravagance

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​The Nairobi Declaration: Beyond Rhetoric - African Leaders' Imperative In Addressing Climate Change

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Africa Tech Startup Funding In The First 8th Months And The $4B Funding Mark?

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Sustainable Tech Innovation in Africa: Pioneering a Greener Future

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The Phenomenal Growth Of The Nigerian Fintech Sector

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Unveiling The Future: Social Cash Set To Transform Nigeria's Financial Landscape

Meet the Port Harcourt-based social fintech startup, Social Cash, which is set to revolutionize the fintech space.

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A Deep Dive Into YC’s Transformative Influence on Nigeria's Thriving Tech Startup Ecosystem

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Electrifying Africa's Future: BasiGo Partner With AC Mobility In Rwanda's Green Revolution

BasiGo, the Kenyan electric vehicle (EV) startup, has partnered with AC Mobility (Tap&Go) to introduce Electric Buses in Rwanda.

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Revisiting The Cost Of Internet Blackout As Ethiopia Lift 5 Months Social Media Ban

The Ethiopian government finally bows to pressure and lifts its five-month social media ban, said to have cost the country over $140 million.

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African Tech Startups H1 2023 Funding Report

African tech startups' VC funding dipped by over 50 per cent in the first half of 2023, as 131 startups struggled to raise $1.19 billion.

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Climate Change: Africa’s Climate (Clean) Tech Startups In Focus

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African Crypto Startups' Journey: Insights From Pillow's Shutdown

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How UAE's Realiste Is Changing The Real Estate Industry

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How BoxCommerce Is Revolutionising East Africa's E-commerce Landscape

BoxCommerce is now the largest B2B e-commerce startup in Kenya, with a merchant base 16 times larger than Shopify's. Its rapid growth trajectory positions it to surpass Shopify not only in Kenya but also in Africa and Southeast Asia within the next year.

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Meet Klickit: The Startup Transforming Payments In Egypt's Educational Sector

Fintech, or financial technology, has rapidly evolved in Egypt in recent years. The government and various organizations have been actively promoting the development of the fintech sector as part of their efforts to modernize the financial industry and promote financial inclusion. Day in, day out entrepreneurs delve in deep to

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Avanz Capital Egypt Invests $3.5 Million In Logistics Startup Trella, Launches Two New Funds

Avanz Capital Egypt, a subsidiary of I Squared Capital International has invested $3.5 million in logistics startup Trella. In addition to the investment, the VC is launching two new funds and a commitment to investing in existing funds and companies. This investment makes Trella a significant player in the

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A Dive Into Turkey's Vibrant Gaming Industry

Turkey has been making significant progress in the gaming industry in recent years. The industry continues to evolve and expand, driven by talented developers, a growing market, and increasing government support. The country has seen a growing number of game developers, studios, and events that contribute to the overall gaming

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The VC Funding Gap: Why Northern Nigerian Start-Ups Are Being Left Behind -Surayyah Ahmed

Nigeria’s startup ecosystem is booming, with a growing number of innovative companies emerging across the country. However, there is a stark divide between startups in the northern and southern regions of Nigeria when it comes to securing venture capital (VC) funding. Northern Nigerian startups are being left behind, and

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World Environment Day: Meet Nadeera, The Startup Making Recycling Easy

As the world celebrates Environment Day, sustaining the environment to address climate change remains a priority. However,  technology startups are not left out of the game, today the Ouut spotlights, Nadeera, a Middle East startup digitising the recycling of solid waste. World Environment Day is an annual event observed on

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African Startups Still in Existential Battle as Mara, Chipper Lays Off Again

In the constantly evolving landscape of African startups, two prominent players, Mara and Chipper Cash, have recently faced tumultuous times marked by multiple rounds of layoffs. These layoffs have raised concerns and cast doubt on the future of these once-promising tech startups. As the African startup ecosystem matures, the challenges

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How East African Startups Snatches 64.6% of Africa's VCs Funding in May

Over the past few years, East Africa has emerged as a formidable contender for the title of Africa's technology headquarters. With Nairobi, the capital of Kenya, often referred to as the African Silicon Valley, the region's tech ecosystem has been thriving. The numbers speak for themselves, as East African startups