Mr. Takashi Oku, the Trade Commissioner and Managing Director of the Japan External Trade Organisation (JETRO), has stated that they are prepared to work with Nigerian entrepreneurs to establish new…
Through a conversational WhatsApp interface, Tetafi, a South African startup, has developed an AI-powered financial management tool that assists startups, entrepreneurs, and informal enterprises in managing their everyday transactions. In…
In its most recent fundraising campaign, which was coordinated by Development Partners International and Google, the Nigerian fintech firm Moniepoint raised $110 million, bringing its total valuation to $1 billion…
A US$300,000 pre-seed fundraising round has been closed by Moroccan cross-border logistics firm Colis, which plans to expand into West Africa and bolster its domestic footprint. Colis, which was founded…
Recent developments in business and government regulations demonstrate Africa’s growing need for creative, technology-driven solutions. However, timely investment and strong support from startup ecosystem players continue to be crucial to… Overview of the Japan Investment Roadshow: UNDP’s “Meet the Tôshikas” Program Helps African Startups
With this change, Sendstack, a logistics platform based in Nigeria, will stop producing its original product, DLVR, a last-mile delivery service, and instead concentrate on CTRL, a logistics management software… Sendstack, a Nigerian logistics company, uses fresh technologies to win over established companies.
In order to finance its growth into Egypt, the South African e-commerce logistics company Pargo has secured US$4 million. The company has already opened more than 500 tech-enabled “Pargo Points”… Pargo, a SA e-commerce logistics firm, raises $4 million and enters the Egyptian market.
According to establish Base Africa, Egypt-based venture capital firm Sawari Ventures is preparing to establish its second fund, “Sawari Ventures II,” in early 2025 with a $200 million fundraising goal.… Sawari Ventures intends to use a new $200 million fund to assist additional African entrepreneurs.
Nigerian startup Sproutly, a financial services platform for educational institutions, has announced the launch of its version two, as well as several strategic partnerships designed to enhance benefits for its… Sproutly, a Nigerian financial firm, announces key alliances and releases version 2.
After her sister was viciously attacked in Tembisa, Thulile Mthethwa witnessed firsthand the damage caused by gender-based violence (GBV) in South Africa. However, she made effective use of the knowledge… This firm, which was founded by survivors of gender-based violence, is enhancing safety in South Africa.
A US$5 million seed round has been closed by Kenyan direct air capture (DAC) startup Octavia Carbon to advance and implement its ground-breaking technology, which uses geothermal resources, particularly waste… Octavia Carbon, a Kenyan direct air capture firm, has closed a $5 million seed round.
Artificial intelligence is being embraced by the Senegalese government as a potent instrument for promoting development in all fields. The government is investigating the creation of a specialised AI computing… Senegal Establishes Fund to Encourage Startups to Adopt AI
Given the current circumstances, African businesses ought to proceed cautiously when seeking funding. Fintech industry participants who participated in a fireside discussion on “Innovating in Payments and Tech” at Moonshot… African businesses are urged to use “cautious” fundraising techniques
Even though African startups are reporting metrics to investors more frequently, a Wimbart Investor analysis…
The Independent Communications Authority of South Africa (ICASA) will get new policy guidelines from Minister…
On September 25, 2024, two start-ups from Nigeria were among the four winners of the…
Google has announced that Black-owned firms in South Africa can now apply for the Google…
According to a new analysis by Africa: The Big Deal, which tracks funding for African…
The success of Microsoft and Flapmax’s FAST Accelerator program, which has enabled over 2,000 businesses…
In the first half of 2024, mergers and acquisitions fuelled African startups to surpass the…