Tag Archives: African startups

12 African Startups draw full house as Techstars hosts Demo Day in Lagos

The event which was held at the Balmoral Convention Center, Federal Palace Hotel, Lagos, drew a full house of investors, mentors, senior operators, and ecosystem leaders in African tech highlighting the bullish and positive outlook that stakeholders have for the innovation, talent and opportunities abound in the African market.

10 Ventures Announced for the Africa Tech Summit Nairobi 2024 Investment Showcase

Africa Tech Summit Nairobi has announced ten African tech ventures that will showcase their solutions to a diverse audience of industry experts, investors and fellow innovators on February 14th and 15th. While African startup funding declined in 2023, the investment showcase continues to foster collaborations and stimulate investment opportunities to bridge the funding gap in […]

Africa’s most active startup investor, Techstars, Announces 12 new investments through its Africa- focused program in partnership with ARM Labs

Techstars, the most active startup investor in Africa, has announced its second cohort of 12 companies to participate in its pan-African accelerator program in partnership with Lagos-based innovation program, ARM Labs. Following a successful inaugural program, the ARM Labs Lagos Techstars Accelerator will build upon its commitment to helping entrepreneurs that are changing Africa and the world.

Global Startup Awards Africa Announces 16 Category Winners Innovating for a Global Africa at the history-making Summit in Addis Ababa, Ethiopia

The announcements were recently made at the GSA Africa Summit in Addis Ababa, Ethiopia. Joined by Her Excellency Muferihat Kamil, Ethiopia’s Minister of Labour and Skills and His Excellency Dr Belete Molla Getahun, Ethiopia’s Minister of Innovation and Technology, the summit’s grand finale at Addis Ababa’s Friendship Park has proved a significant event. The GSA Africa awards began in 2021, a journey that has led to over 15,000 African innovators nominated from 54 countries, the support of 300 jury members, ambassadors, and hundreds of innovation hubs across the continent.

29 African Startups in Healthcare Supply Chain Selected to Receive Funding and Impact Support from the Gates Foundation, MSD, and More

The pan-African Investing in Innovation (i3 program) is funded by Bill & Melinda Gates Foundation and sponsored by Cencora (formerly AmerisourceBergen), Merck Sharp & Dohme (MSD), Microsoft and Chemonics to invest in Africa’s most promising early to growth-stage start-ups in health care supply chains. The second cohort comprises 29 startups chosen from 10 African countries. […]

Investing in Innovation Africa announces its second call for applications to support African startups in healthcare supply chains

Applications are open for early and growth-stage health tech innovators  Investing in Innovation Africa (i3), a pan-African initiative for start-ups building the future of healthcare supply chains, is calling for leading innovators to join its second cohort. Funded by the Bill & Melinda Gates Foundation and sponsored by AmerisourceBergen, Merck Sharpe & Dohme (MSD), Microsoft […]

Africa itself shares the hallmarks of a tech startup which bodes well for its global competitiveness

By Joshua Raphael, Founder & CEO of Parket It is widely accepted that Africa’s potential is likely to be unleashed through widespread and sustained digital transformation. In other words, technology, and the innovative solving of complex problems, will catapult the continent into global competitiveness. This is not just theoretical, it is likely, and this is […]

Flat6Labs Launches New US$95M Venture Capital Fund to Expand its Impact in Africa

Flat6Labs (www.Flat6Labs.com), MENA’s leading seed investor, has announced the launch of a new US$95 million Seed Fund to nurture the growth and development of early-stage tech startups on the African continent. Flat6Labs has a proven track record in carefully vetting out and investing in promising startups in North Africa since it was founded 12 years […]

MultiChoice Africa Accelerator Programme set to boost prosperity of African small and medium-sized businesses (SMME)

MultiChoice shortlists 11 start-ups to pitch for international funding and take their small businesses to the next level At a time when unemployment challenges and economic instability are high, small and medium-sized businesses (SMMEs) are proving to be the engines of economic growth and job creation throughout the African continent. In recognition of the critical […]

From failing at university to scaling SA’s top venture builder in four years – these two young entrepreneurs are on a mission to help 1-million people build good tech

One of the most hotly debated topics in African innovation is South Africa’s claim to be the “Tech Capital” of the continent. Home to more than 490 startups and a combined US$1-billion (or R17.6-billion) in funding[1], South Africa is an undisputed leader on the continent. But in 2023, that reputation is slipping, as Nigeria takes […]

GSA Africa winners to hit the global stage in Copenhagen, next cohort encouraged to submit applications

Winners of last year’s African Startup Awards will be enroute to Copenhagen, Denmark, this March to showcase their solutions to some of the world’s top startups, venture capitalists, and ecosystem enablers at the Global Startup Awards (GSA) Grand Finale. In the meantime, innovators looking to be a part of the next delegation are encouraged to […]

11 Disruptive Startups Selected for Cohort 3 of the Africa Startup Initiative Program (ASIP) Accelerator Program powered by Startupbootcamp Africa

 Africa’s leading tech Accelerator, Startupbootcamp AfriTech (www.Startupbootcamp.org), together with founding partner and leading telecom giant, Telecel Group (https://TelecelGroup.com) have selected the participants of the much-coveted Accelerator Program, the Africa Startup Initiative Program (ASIP) (https://ASIProgram.com). The intrinsic value of startups in Africa lies in their ability to build fast and effective solutions to pressing challenges. Over the […]

Digital Africa’s “Talent 4 Startups” pilot program is a success!

Digital Africa, in partnership with Make-IT in Africa, launched Talent 4 Startups in 2022. The program’s objective is to improve the employability of African talent in startups through fully-funded trainings. The program was designed on the basis of a repository of skills and jobs required by startups on the continent, developed with Edtech Connections. The […]

African startup Ramani raises $32 million to help small businesses

Ramani, the African software company building a cloud network of micro-distribution centers for Africa’s $1 Trillion consumer-packaged goods supply chain, has announced this week the close of its $ 32 million series A round of equity & debt. The company plans to use the new funding to increase its distribution footprint across the continent and […]

The countdown for the 6th edition of EMERGING Valley has started!

Find out the latest information about this inspiring Euro-African co-innovation programme. The 6th edition of EMERGING Valley – the international summit dedicated to African innovation – will be held on Tuesday November 29, 2022 in the majestic setting of the Palais du Pharo in Marseille. More than 2,000 participants, 150 startups and 50 investors from 70 countries […]

African startups are weathering the storm with acquisitions and securing new funding

The TechCabal Insights report has shown that there has been an increase in the number of tech acquisitions in Africa, with a total of 43 deals by the end of Q3 2022. This indicates a consolidation trend and shows that the tech market is maturing. VC investment has hit a plateau in the last quarter, […]

The Global Startup Awards Africa is now open for applications for the 2022/23 season

By the end of 2022, world leaders will be halfway towards the 2030 deadline of achieving the 17 Sustainable Development Goals (SDG) of ending poverty, fighting inequality, and stopping climate change. However, seven years on and countries across the globe are on track to accomplish almost none of them[i]. This is no different in Africa […]

30 African Startups in Healthcare Supply Chains Selected for Support from Gates Foundation, MSD, WHO-AFRO and More

The i3 program is excited to announce the selection of 30 African startups that are leading the way in innovative health solutions. These startups come from 14 different countries and are working on novel solutions for device and medicine distribution, stock management and financing, authentication, traceability, medical waste management and more. 47% of the companies […]

The African Business Landscape: Evolving and Growing

The African business landscape is undergoing a transformational shift, with more businesses and startups in Africa than ever before. According to the latest research, there are now over 2,000 businesses and startups in Africa that have received investment from venture capitalists. This is a significant increase from just a few years ago, when there were […]

2 Ethiopian startups are in the running for TAW (Tech African Women) prize

The TAW (Tech African Women) program, launched by the UNECA (United Nations Economic Commission for Africa) in partnership with Betacube, closed its 3-day Ethiopian bootcamp on September 9th, 2022. The event was organized in partnership with AdoreAddis and the two Ethiopian winning startups were each awarded the program’s participation prize of $2,000. The selection process […]

Tanzanian startups nominated for TAW final in Ethiopia

The TAW (Tech African Women) program, launched by the UNECA (United Nations Economic Commission for Africa) in partnership with Betacube, closed its 3-day Tanzanian bootcamp on the 31st of August 2022. The two Tanzanian winning startups were awarded the program’s participation prize, with $2,000 for the first winner Ujana. The selection was based on the […]