eWAKA (https://eWAKA.tech/), one of Africa’s most promising sustainable mobility startups, has received strategic support from the State Secretariat for Economic Affairs (SECO) Start-up Fund of the Swiss Confederation. SECO Start-up Fund has offered a 500,000 CHF loan that will support eWAKA’s 2023 plans to accelerate a growth strategy focused on providing innovative and sustainable mobility […]
Category Archives: Startups
startups
Fintech, Senegal News, Startups
Presenting the 2022 Partech Africa Report: Resilient African Tech Ecosystem Still Growing with $6.5 Billion Raised in 2022
Amid the drastic pullback in global VC funding, the African tech ecosystem stands out with +8% growth from 2021. Debt funding doubled in volume to $1.5B, accounting for nearly a quarter of the total funding. Fintech, still leading, attracted 39% of the total equity volume; Nigeria retained the top spot with 23% Partech Africa, the […]
Senegal News, Startups
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 […]
Events, Startups
RiseBack founder speaks about Affordable University Education and impact on global economy at the launch of Asian African Chamber of Commerce
Startup Edtech RiseBack is empowering African, Middle East & American students and professionals with Affordable University Education from India starting at $75 per month On Saturday January 21st 2023 Asian African Chamber of Commerce & Industry (AACCI), a bilateral chamber with presence in Africa & Asia launched their Maharashtra chapter and announcement of Brajesh Kumar […]
By Catherine Wijnberg When times are troubled and uncertain, businesses need to evolve and remain competitive. Developing a change strategy process can be overwhelming but it does not need to be complicated. Here are four easy steps to a change strategy process that will give your business purpose and direction: Set your intention Create quiet, calm time to assess the […]
By Catherine Wijnberg One of the questions I am most frequently asked is: “How can I get funding to start my business?” Today’s Google search will give you 340 million answers to this question. But if it’s just one good answer you need, this one might help. The reality is that most new businesses start […]
From November 23 to 29, 2022, 45 entrepreneurs from 18 African countries met in Marseille for the 6th edition of the Social & Inclusive Business Camp (SIBC) – an acceleration programme for African social and inclusive businesses. After three months of online training and mentoring, the winning entrepreneurs took part in an intensive week-long bootcamp with training […]
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 […]
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 […]
By Paula Mokwena, CEO at Fireball Capital The global venture capital (VC) ecosystem is no stranger to the common challenge that female entrepreneurs face – lack of funding. Research by the World Bank shows that for every $1 invested in women, $25 goes to men in the African startup space1. This is the case across all regions […]
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 […]
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, […]
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 […]
Republic of Côte d'Ivoire (Ivory Coast), Startups
Stellantis invests in Africar Group to create Auto24, an African used vehicle startup
Auto24, a subsidiary of Africar Group, has launched its activities in Ivory Coast. Africar Group is a class leading and multi country digital automotive marketplace across Sub-Saharan Africa. Stellantis investment aims at accelerating its used vehicle (UV) business on the buoyant African UV market. Auto24 is a faster and safer way to buy and sell […]
Startups, Tech
New technology launched to help protect authenticity and ownership of luxury goods using sustainable blockchain power
Sotheby’s sells valuable jewellery verified by the new tech from UK start-up Database of Native Assets (DNA) DNA guarantees provenance boosting confidence for buyers and sellers and tackles the blight of counterfeiting head on A plug & play solution that facilitates brand transition to Web 3.0 A blockchain technology with the potential for mass adoption […]
Curbon makes it easy to make a difference, both from a climate action and community empowerment perspective, says Steffen Burrows, CURBON co-founder and director. According to billionaire co-founder of Microsoft, Bill Gates, it is unrealistic to expect to solve climate change by asking people to live greener lifestyles. Telling people to stop eating meat, drive less, and buy smaller […]
Startups, Zambia News
Flourish Ventures launches Madica, an Africa-focused pre-seed investment platform
The new investment program is targeting up to 30 underrepresented entrepreneurs across Africa who are working in underserved sectors and geographies. The goal of the program is to provide them with the resources and support they need to grow their businesses and impact their communities. Flourish Ventures, a global venture capital firm investing in mission-driven […]
Egypt News, Morocco News, Startups
MaxAB raises $40 million from Silver Lake, BII, and DisruptAD to support company growth and regional expansion
MaxAB, an e-commerce and distribution platform for food and grocery items, has announced the close of a $40 million pre-series B equity round to finance its expansion into the Middle East, North Africa and Pakistan region. New investors in this round include Silver Lake, British International Investment and DisruptAD, along with existing investors Beco Capital, […]
As South Africa’s entrepreneurial spirit blossoms, digital security is more important than ever, warns Steve Flynn, Sales and Marketing Director at ESET Southern Africa. The pandemic fundamentally changed the working world forever. Not only are more employees working remotely, but more people are starting their own businesses – often from home. There has been a significant […]
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 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 […]
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 […]