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Startup

A collection of 438 posts

Ethiopian Logistics Startup Eshi Express raises funding round

Ethiopian Logistics Startup Eshi Express raises funding round

Ethiopian logistics startup Eshi Express has announced it raised an undisclosed amount in funding from the Addis Ababa Angels (AAA) Network as it looks to expand across the country. Established in 2017, Eshi Express is a delivery startup operating in Addis Ababa and two provincial Ethiopian cities. The platform allows

3 African blockchain startups secure grant funding from UNICEF

3 African blockchain startups secure grant funding from UNICEF

Three African blockchain startups have been selected to receive grant funding from the UNICEF Venture Fund. Looking to support early-stage ventures in solving local and global challenges the UNICEF Venture Fund is investing in seven blockchain startups in six countries after receiving 450 submissions from 77 countries. The startups will

Egyptian Edtech startup iSchool raises $160k pre-seed funding

Egyptian Edtech startup iSchool raises $160k pre-seed funding

Egyptian Edtech startup iSchool has announced it raised $160k in pre-seed funding to develop an online platform, expand its offerings and expand across the Middle East and North Africa (MENA) region. The investment comes from EdVentures, the venture capital arm of Egypt’s Nahdet Misr Publishing Group. iSchool was founded

Nigeria’s Plentywaka partners GUO Transport to expand Bus travel offerings

Nigeria’s Plentywaka partners GUO Transport to expand Bus travel offerings

Nigeria’s mobility tech startups, Plentywaka and GUO Transport Services Limited, have today announced a partnership to further simplify the bus booking travel experience for Nigerians. The partnership will enable both startups to combine technology, to offer a more simplified and enhanced product service through Plentywaka’s mobile app. GUO

Egyptian Fashion eShop DressCode Secures $250K

Egyptian Fashion eShop DressCode Secures $250K

Egypt Ventures has announced it invested $250,000 in Cairo-based fashion and leisure e-commerce firm DressCode. Dresscode was created in 2019 as an ultimate one-stop shop for the modern yet economical woman. It aims to promptly offer stylish quality products at appealing prices to every user in Egypt. DressCode sells

Dutch Investor FMO to Provide Additional $5 Million to Solar Energy Firm Greenlight Planet

Dutch Investor FMO to Provide Additional $5 Million to Solar Energy Firm Greenlight Planet

Dutch development finance institution FMO has announced it would provide an additional $5m funding to Greenlight Planet Inc. The Dutch bank recently granted a €21 million loan to French green energy developer GreenYellow for the construction of a solar power plant in Nagréongo, Burkina Faso. Greenlight Planet Inc is a

South Africa’s Healthforce to launch new Digital Primary care platform

Swedish venture capital and private equity firm Webrock, has partnered with South African-based Healthtech startup Healthforce to launch a Swedish healthcare app Doktor.se in South Africa. Doktor.se will make use of a freemium model and an innovative approach in reducing data costs, offer more on-demand and scheduled consultations

South Africa’s Sendmarc raises Funding from Endeavor South Africa

South Africa’s Sendmarc raises Funding from Endeavor South Africa

South African cybersecurity email protection and compliance startup Sendmarc has announced it secured funding from Endeavor South Africa as it looks to scale more quickly. Sendmarc is a tech startup founded in 2018 by the trio of Sam Hutchinson, Keith Thompson, and Sacha Matulovich to create a safe and secure

AXA Assurance Maroc to acquire Majority Stake in Moroccan Healthtech Startup DabaDoc

AXA Assurance Maroc to acquire Majority Stake in Moroccan Healthtech Startup DabaDoc

Orange Middle East and Africa and AXA CIMA (both led by AXA Assurance Maroc) have just announced that an agreement has been signed on the joint acquisition of a majority stake in DabaDoc. DabaDoc is a Healthtech startup founded by Zineb Drissi-Kaitouni and Driss Drissi-Kaitouni in 2014, the startup digitalizes

South African startup WhereIsMyTransport secures $14.5m Series A extension round

South African startup WhereIsMyTransport secures $14.5m Series A extension round

South African mobility startup WhereIsMyTransport has raised a US$14.5 million Series A extension round as it bids to continue its expansion across emerging markets. The funding round was co-led by Naspers, which provided US$3 million via its investment arm Naspers Foundry, and Cathay AfricInvest Innovation Fund, with

Google launches Programs to support African SMEs

Google launches Programs to support African SMEs

Google has announced the launch of a series of programs titled International Small Business Month aimed at supporting the growth and recovery of SMEs in Africa. The new initiative will roll out several programs this month. Mojolaoluwa Aderemi-Makinde, Google’s head of brand and reputation for Africa speaking on the

Ghana’s Fintech Startup AppsNmobile secures $1M from Oasis Capital

Ghana’s Fintech Startup AppsNmobile secures $1M from Oasis Capital

Ghanaian Fintech startup AppsNmobile has announced it closed a $1 million investment from Oasis Capital. Oasis Capital is a VC firm is backed by International Finance Corporation (IFC), the Dutch Good Growth Fund (DGGF), the European Investment Bank (EIB), PROPARCO, Norfund, and Ghanaian investors, with a $50 million fund investing

African Female-owned Startups can apply for world Banking’s Fintech Innovation Challenge

African Female-owned Startups can apply for world Banking’s Fintech Innovation Challenge

The world Banking’s Fintech Innovation Challenge has announced that African female-owned startups can apply for its startup accelerator challenge. The challenge aims to bridge the gender gap in startup ownership. This tilt has even been further skewed by the global economic shock that accompanied the COVID-19 pandemic. Although the

Kenyan Entrepreneurs can apply for Federal Development Ministry Grant worth $122k

Kenyan Entrepreneurs can apply for Federal Development Ministry Grant worth $122k

The Federal Development Ministry (BMZ) has announced that it has launched its startup support program DeveloPPP Ventures, with a $122K grant for Kenyan entrepreneurs. The funding will be distributed by DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH via a matching-funds model. Gerd Müller the Development Minister speaking on the program said

African Startups can apply for Hardware Garage’s StartHard Competition

Hardware Garage in partnership with the Enugu Technology and Innovation Centre has announced a call for application for the “StartHard” competition, an Innovation pitch inviting hardware Technology entrepreneurs working in Clean Technology, E-mobility, and Agritech. The program is unique as it will support the startups till the “selling stage” of

African Startups can apply for France-based Acceleration Program

African Startups can apply for France-based Acceleration Program

France-based venture capital firm Bond’innov that supports innovative and responsible startups in emerging economies, has opened applications for a support programme that offers startups a soft-landing for European expansion. The firm aims to use the Incub’innov incubator program to welcome and accompany innovative projects, mainly related to Africa

3 Nigerian Startups selected for Norrsken Impact Accelerator

3 Nigerian Startups selected for Norrsken Impact Accelerator

Norrsken Impact Accelerator in Stockholm aiming to build a change via investing in viable business models that have potential impacts and profit, Sweden has selected three Nigerian startups to have access to potential funding. The three Nigerian startups are CribMD, Gradely and Wella Health. Here are the three Nigerian startups

South Africa’s Biometrics Company LifeQ secures $47 Million Investment Funding

South Africa’s Biometrics Company LifeQ secures $47 Million Investment Funding

LifeQ, an independent provider of biometrics and health information predominantly used in world-leading health management solutions has announced it has secured $47 million from top investors around the world. LifeQ was co-founded by Laurence Olivier, CEO, and Dr. Franco du Preez, Chief Scientist, the startup focuses on enabling wearable devices

Nigeria’s Healthtech Startup, CribMD closes $2.6m seed round Plans Product Growth and Team Expansion

Nigeria’s Healthtech Startup, CribMD closes $2.6m seed round Plans Product Growth and Team Expansion

Nigerian HealthTech startup, CribMD has announced it closed a seed fund of $2.6million in a seed funding round led by US-based VC, Sputnik ATX; Swedish accelerator, Norrsken; and mass media company, The Guardian Nigeria. This fund brings the startup’s total investments to $2.85 million. Founded in June

Europe’s Startup Wise Guys Expands to Africa, Starts First Program in Namibia

Europe’s Startup Wise Guys Expands to Africa, Starts First Program in Namibia

Europe’s B2B startup accelerator Startup Wise Guys have announced it is expanding its programs to Africa. The accelerator has plans for several programs in Africa and already has a program underway in Namibia. The accelerator firm plans an additional four programs for the continent by 2022, focusing on East

Nigeria’s Bongalow adds to seed round with UNCOVERED FUND investment

Nigeria’s Bongalow adds to seed round with UNCOVERED FUND investment

Nigerian home financing startup Bongalow has announced it has raised an extra undisclosed seed fund in a seed funding round from Africa-focused Japanese venture firm UNCOVERED FUND. Bongalow is a mobile-powered home financing marketplace created by Kelechi Nwokocha. The startup enables users to shop for the best home loan to

Ghanaian Virtual Reality tours startup DOBIISON Announces Expansion Across Africa

Ghanaian Virtual Reality tours startup DOBIISON Announces Expansion Across Africa

Ghana’s virtual tours and immersive digital experiences for the real estate, construction, and tourism industries startup DOBIISON, has announced its plans to scale its service across Africa. DOBIISON was founded in 2018 by Selasie Awity and has since built the largest collection of Ghanaian virtual reality (VR) content. The

South African Fintech startup Ukheshe Expands to Asia-Pacific

South African Fintech startup Ukheshe Expands to Asia-Pacific

South African Fintech startup Ukheshe Technologies has announced its expansion into the Asia-Pacific region stemming from its introduction of an innovative digital-first payment solution. Ukheshe has fostered an innovation platform that provides banks and telecoms SMMEs with moderate advanced banking and installment administrations, with customer obtaining, onboarding, and dissemination costs

African Startups can apply for UNFPA’s Climate HackLab Project

African Startups can apply for UNFPA’s Climate HackLab Project

UNFPA East and Southern Africa, in partnership with Safeguard Young People Programme, has announced the ‘Climate HackLab’ project, which aims to empower young people to be game-changers and drivers of a sustainable green future. The program aims to drive young minds aged between 14 and 35 with smart innovations that

Kenya’s Alatpres launches Mobile Safety Application

Kenya’s Alatpres launches Mobile Safety Application

Kenya’s public safety and data analytics startup Alatpres Technologies has announced it has launched a mobile solution to provide reliable emergency notification and management solutions for individuals and businesses. Alatpres was launched in 2020 to help develop technologies that are designed to enhance public safety in ways that enable