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Startup

A collection of 438 posts

SA Startup Peach Payments secures Undisclosed Funding

SA Startup Peach Payments secures Undisclosed Funding

South African Fintech startup Peach Payments has raised an undisclosed additional funding round for further growth. The round was led by UW Ventures, a Johannesburg-based venture firm that invests selectively in a variety of private equity opportunities alongside management and trusted co-investors. Launch Africa Ventures, Allan Gray, as well as

South African Startups can apply for the Grindstone Accelerator programme

South African Startups can apply for the Grindstone Accelerator programme

Applications for Grindstone’s accelerator programme, an initiative tailored towards scaling up high-growth and innovation-driven SMEs in South Africa, are now open. The program is an equity free organized business advancement program that runs for a year and participants will be given market access openings, financing preparation, gap analysis, and

South Africa’s Sendmarc Secures Funding from Kalon Venture

South Africa’s Sendmarc Secures Funding from Kalon Venture

Johannesburg-based tech startup Sendmarc has secured an undisclosed amount of funding round from Kalon Venture Partners a tech venture capital firm that invests in entrepreneurs solving African problems with the potential to scale into global markets. Sendmarc is a tech startup founded in 2018 by the trio of Sam Hutchinson,

Rwanda’s Electric Motorcycle Startup Ampersand secures $3.5M Investment

Rwanda’s Electric Motorcycle Startup Ampersand secures $3.5M Investment

Ampersand, a Rwandan electric motorcycle startup has raised $3.5 million from the Ecosystem Integrity Fund (EIF) to help scale its electric motorcycle and swap station network across Rwanda. The EIF is a startup accelerator firm that funds early growth stage startups contributing to environmental sustainability. It emphasizes the importance

Scrapays Technologies wins 12M Naira at DAAYTA 2021

Scrapays Technologies wins 12M Naira at DAAYTA 2021

Scrapays Technologies Ltd– a startup that connects waste producers (individuals and enterprises) with independent recyclable material collection businesses so they can dispose of their sorted waste efficiently with a return has emerged the winner of the 12 million naira Deji Alli ARM Young Talent Award (DAAYTA) 2021. Scrapays uses USSD

African startups can apply for Justice Accelerator

African startups can apply for Justice Accelerator

The Hague Institute for Innovation of Law (HiiL) through its annual Justice Accelerator is calling on innovative African startups with a focus on changing lives and creating social impact to apply for this year’s HiiL Innovating Justice Challenge. The Justice Accelerator is HiiL’s lead development program that funds,

African Startups can participate in the African Conservation Challenge

African Startups can participate in the African Conservation Challenge

Yoti– a secure digital ID application that stores and encrypts the personal details of users has put up the African Conservation Challenge. The challenge is to foster meaningful, non-confrontational debate and discussion to support community rights in Africa as regards the management of wildlife. The main aim of the challenge

African Startups and Innovators can apply for NESTLÉ Hatcher Project Uno

Artificial Intelligence

African Startups and Innovators can apply for NESTLÉ Hatcher Project Uno

NESTLÉ is a market leader in coffee is looking to further engage its youth market by providing digitally-driven solutions that provide customer experiences beyond the product. The company has put up a challenge to identify startups or innovators that can create digital solutions to help the company become better under

Premier Hub Innovation Center launches I-Southwest 3.0

Premier Hub Innovation Center launches I-Southwest 3.0

Premier Hub innovation Centre is now accepting applications for the I-startup Southwest 3.0 (The third Cohort) and the first edition of the Lagos Startup Challenge. According to the African report, Africa has more than 600 tech hubs and rising, ranging from incubators and accelerators to co-working sites. With the

South Africa’s TonnUp Launches Trading Platform for Farmers

South Africa’s TonnUp Launches Trading Platform for Farmers

South Africa-based Agritech startup TonnUp has launched an online trading platform to assist farmers in carrying out commercial activities as regards the sale of their agricultural produce in a structured and transparent environment. TonnUp was created by Stephen Krüger who is also a farmer based in Viljoenskroon to support commercial

ARM selects 6 Startups for DAAYTA 2021 Finalist Pitch

ARM selects 6 Startups for DAAYTA 2021 Finalist Pitch

The Deji Alli Young Talent Award (DAAYTA) finalist pitch will be held on Friday, 9th April 2021. The announcement was made via ARM who also pointed that the program will be held virtually. The Deji Alli ARM Young Talent Award is an ARM initiative that is in partnership with TechnoVision’

Everyshop Launches in South Africa

Everyshop Launches in South Africa

Online business altogether affects business expenses and efficiency. E-Commerce has an opportunity to be generally embraced because of its straightforward applications. Along these lines, it has a huge monetary sway. Electronic Business gives the capacity of purchasing and selling items and data on the web and other online services. Electronic

Enygma Ventures Announces Funding Call for Female Entrepreneurs in Africa

Enygma Ventures Announces Funding Call for Female Entrepreneurs in Africa

Enygma Ventures, a US venture capital company that invests in selected startups and SMEs in Africa has taken up the challenge to assist female-founded businesses and entrepreneurs in Africa. Enygma Ventures is a unique purpose-driven investment fund, led by award-winning entrepreneurs that have been scaling businesses in Africa, Europe, and

Sparkle launches feature to empower SMEs

Artificial Intelligence

Sparkle launches feature to empower SMEs

Sparkle, a Nigerian Fintech company has launched its Sparkle Business– a platform to help Small and Medium Enterprises (SMEs) access products and services necessary for the digital enhancement of their businesses. Since SMEs form the highest employers of labor in Nigeria, they must be afforded all necessary opportunities needed for

14 Ghanaian startups selected for MEST Express Accelerator

14 Ghanaian startups selected for MEST Express Accelerator

The Meltwater Entrepreneurial School of Technology (MEST)- a pan-African training programme, seed fund and incubator for technology entrepreneurs in Africa, providing critical skills training in software development, business and communications, in partnership with the Mastercard Foundation, has announced the admission of 14 startups for the first 2021 cohort of

$1.2million Worth of Funding Launched by The African Enterprise Challenge Fund

$1.2million Worth of Funding Launched by The African Enterprise Challenge Fund

The African Enterprise Challenge Fund(AECF) recently launched a USD1.2 million worth of innovation fund. The AECF is a development institution that helps businesses and startups alike to be more creative with their ideas. They aim to make available sustainable incomes in Africa, especially in the rural and marginalized

Enygma Ventures Partners with Startup Circle

Enygma Ventures Partners with Startup Circle

The need for business-building capability both at the entrepreneur and investor level increases the need for more venture capitalist and accelerator firms in Africa. Because most startups lack appropriate strategies and business plans, management and organization, cash flow and financial skills, internal systems, and governance, venture capitalist firms provide them

5 Nigerian Fintech Startups Selected for Labs by ARM Accelerator

5 Nigerian Fintech Startups Selected for Labs by ARM Accelerator

Startup accelerator funds have been the force upholding African startups over the years and inspite of the numerous funds generated by startups in the African tech space in March 2021; it still brings heartwarming smiles when we get to hear of another startup receiving fund. Today, it is news of

Pan-African Fintech Accelerator selects 10 African Startups

Artificial Intelligence

Pan-African Fintech Accelerator selects 10 African Startups

Pan-African Fintech Accelerator has selected 10 African Fintech startups that will participate in the first edition of the virtual acceleration program. The accelerator is funded by SANAD Fund for MSME in partnership with MEST Africa and Impact Lab. The Pan-African Fintech accelerator involves a six months virtual program designed for

Y-Combinator’s Demo Day

Y-Combinator’s Demo Day

Today, Y-Combinator is given 10 startups in its 2021 batch the opportunity to pitch their products to the world. Accelerator firms have days when they allow startups showcase their products. These startups are given the opportunity to showcase and give their pitches at the end of the program, the program

Blueloop Joins Y-combinator

Artificial Intelligence

Blueloop Joins Y-combinator

The need for cross-border payment has been increasing in Africa over the years. With the traditional banking system failing to efficiently meet this need for African merchants and freelancers, fintech startups have taken the lead in ensuring that cross-border payments are carried out swiftly for Africans, and what a job

Africa’s Disrupt Story: The Case of Insurtech

Artificial Intelligence

Africa’s Disrupt Story: The Case of Insurtech

Overview of Insurtech If you have an insurance company and are looking for an area where it will receive as most patronage, Africa should do. Africa is one of the world’s hot regions for insurance due to its underdeveloped insurance sector. In Africa, bulk of the insurance comes from

Plentywaka Joins Techstars Accelerator, Plans Expansion into Canada

Plentywaka Joins Techstars Accelerator, Plans Expansion into Canada

In Nigeria, when people have lots of places to be, they say ‘I get plenty waka’. Plentywaka has been operating in Nigeria since 2019 to manage the problems involved in getting safe, reliable and comfortable commercial transportation options in Nigeria. Plentywaka is Nigeria’s first bus-hailing app, and it offers

Ghana’s Plendify Enhancing Africa’s Supply Chain

Ghana’s Plendify Enhancing Africa’s Supply Chain

Without commodity exchanges, it would be difficult—if not impossible—to establish a standardized price for a commodity. Those in the commodity industry would be personally responsible for finding individual buyers and sellers, and the few buyers they contact will be the ones who determine the prices of commodities. There

Egyptian Fintech Startup NowPay joins Y-Combinator

Egyptian Fintech Startup NowPay joins Y-Combinator

Seed financing (also known as seed capital, seed money, or seed funding) is the earliest stage of the capital-raising process of a startup. Seed financing is a type of equity-based financing. In other words, investors commit their capital in exchange for an equity interest in a company. In the Series