Africa

Nigerian fintech startup Accounteer raises funding from Microtraction

October 10, 2018
Africa, All, Start Ups and Innovations, Startup Funding
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Nigerian-based early-stage investment platform Microtraction has invested in Nigerian fintech startup Accounteer. This is the 6th startup Microtraction has invested in. While Microtraction did not reveal the terms of the…

Kenya top in Africa on agriculture tech startups

Kenya, Nigeria and Ghana are top agri-tech markets in Africa accounting for over 60 per cent of start-ups that are active on the continent, a new report shows. The report…

Forbes 30Under30 Entrepreneur Launches the First Digital Accelerator in Africa

January 6, 2017
Africa, All, News, Start Ups and Innovations, Start-Up Incubators, Startup Funding, Technology
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In an effort to increase exposure of African startups to global investors and resources, Africa Startup Ecosystem announced the launch of the first digital accelerator for the region. The accelerator…

Nigerian Fintech Company Interswitch May Become Africa’s First Public Startup Unicorn

March 10, 2016
Africa, All, Business, News, Start Ups and Innovations, Technology
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Africa could be getting its first unicorn startup if we are to go by the rumors that are currently circulating get fulfilled. Nigerian digital payments and commerce company Interswitch will…

Kenya’s traffic app Ma3Route raises $25k pre-seed round

March 10, 2016
Africa, News, Start Ups and Innovations, Startup Funding

On Wednesday, Kenyan traffic app Ma3Route announced it had raised a pre-seed round of US$25,000 that will help in expansion and addition of new features. The funding came from a…

Africa E-Commerce Company Raises $245M from Goldman Sachs and Other Existing Investors

March 3, 2016
Africa, All, Business, Start Ups and Innovations, Startup Funding, Success Stories
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One of the largest e-commerce companies on the continent with a valuation of about $1.1 billion Africa Internet Group (AIG) has raised $245 million in one of the largest fundraising…

Kenya’s Incubator NAILAB Stages First Ever VC Carousel

January 28, 2016
Africa, All, News, Start Ups and Innovations, Start-Up Incubators
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On Wednesday, Kenyan-based business incubator Nailab held its first ever VC carousel in a bid to create a direct link between startups to investors. The first of its kind among…

Kenya defence Twitter account hacked

July 21, 2014
Africa, All, Office Technology, Social Media, Technology, Twitter
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The Twitter accounts of the Kenyan defence forces and its spokesman have been hacked by activists protesting about corruption. "All of you who have stolen money #Kenya, we are coming…

Cisco urges Kenyan girls to embrace ICT careers

May 15, 2014
Africa, All, Technology
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In a bid to encourage Kenyan girls to embrace ICT, Cisco played host to a group of 26 girls aged between 14-18 years. All this took place during an event…

Startup Spotlight: Interview with Matthew Elan Smith founder of Insuretech startup Pineapple

Pineapple (formerly Amyti) is a Johannesburg-based P2P insurer, and South Africa’s first P2P insurer. Founded… ∞

Startup Spotlight: Interview with Amber McDonald CEO of Indemnis

Unmanned Aerial Vehicles (UAVs), popularly known as drones, have been with us for a while.… ∞

Startup spotlight: Interview with Johannes Degn co-founder of Lynk

We had a chance to speak to Johannes Degn co-founder of Lynk a network of… ∞

Women and funding, whats the score card?

Women are the fastest growing group of entrepreneurs, and numerous reports show that women-led businesses… ∞

Microsoft set to acquire Texas-based AI startup XOXCO

On Wednesday, Microsoft announced it’s acquiring chatbot startup XOXCO for an undisclosed amount. Founded in 2009 by… ∞

Fintech Startup Clearbanc raises $70M

Canada-based startup Clearbanc, that funds marketing for fast-growing ecommerce brands, closed a $70M funding round. The… ∞