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 […]
Tag Archives: african startup
Republic of Côte d'Ivoire (Ivory Coast), Senegal News, Startups
Gender in Focus: Senegalese “Agripreneur” and African Development Bank AgriPitch Competition winner says digital marketing key to luxury tea startup success
Senegalese businesswoman Adja Sembene Fall said she had no choice but to launch her start-up business online because her new Contanna fair-trade tea company only had $200 to its name. “Due to [lack of] finance, it was not possible to get a physical shop. We started out in the backyard of my brother’s house. We […]
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 […]
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 […]
With a goal to curb carbon emissions, South African startup Curbon, will make carbon-neutral online shopping possible through the launch of the country’s very first plugin created to help fight climate change. Curbon’s unique offering gives shoppers the opportunity to take direct, meaningful climate action with every online purchase. Using data from the world’s leading climate […]
African startups face various challenges – from raising funds to securing their first contracts. And for more than half of African startups[1], these challenges will be insurmountable. But for one startup working on the continent, a pan-African Accelerator Programme has unlocked both seed funding and long-term contracts. When Stephan Eyeson, CEO and Co-Founder of Survey54, joined Startupbootcamp […]
This is off the back of the Home-Grown Solutions (HGS) Accelerator for Pandemic Resilience, an initiative that aims to accelerate the growth of African healthcare companies to strengthen the continent’s pandemic resilience The African Union Development Agency (AUDA-NEPAD), Japan International Cooperation Agency (JICA), African Export–Import Bank (Afreximbank) and Boston Consulting Group (BCG) held an event […]
The Annual Investment Meeting 2022 has announced prizes for Startups attending the pitching competition. The Annual Investment Meeting will serve as the premiere platform for Startups planning to scale up & expand to Dubai. The world’s renowned and leading investment platform, The Annual Investment Meeting, will be providing prizes for startups at the startup pitch […]
African unicorns have made big news in recent months, with four startups having recently reached a $1 billion valuation or more this year alone, taking the total up to seven. Two of the new entrants are in fintech, one in edtech, and one in general technology. These and other technology-enabled sectors are where emerging market […]
It was all systems go at the inaugural Demo Day for the Telecel Group Africa Startup Initiative Program (ASIP), powered by leading tech accelerator, Startupbootcamp (SBC) AfriTech. For the top ten startups selected from a pool of over 2,200 applications, it represented the culmination of three months of hard work, great effort, and the promise of a bigger future. […]
Kenya News, South Africa News, Startups
Top African regions set to become leading startup and investment hubs
On the back of Cape Town being recognised as the tech capital of Africa, topping international rankings for foreign direct investment strategy, Ian Lessem, Managing Partner at HAVAÍC – investors in early-stage, high-growth technology businesses – says several other African cities are quickly emerging as leading startup and investment hubs to watch. “Startups in Nigeria, Kenya, Egypt and South Africa […]
The call for applications is open to any startup based in Mauritania, Morocco, Algeria, Tunisia or Libya that has been operating for over 18 months in one of the following areas: e-health, climate, mobility, agritech, social economy and financial inclusion. As a result of the work done during the preparatory forums for the Summit of […]
As one of South Africa’s most active Venture Capital investors, HAVAÍC says 2020 saw the commercial adoption of technology increase at unprecedented rates, as illustrated by the performance of HAVAÍC and its portfolio companies. 2020 saw HAVAÍC’s portfolio companies grow their revenue by a staggering 93%, and in the coming months, Ian Lessem, Managing Partner at HAVAÍC, believes the economic, […]