startup funding Archives - AfricaBusiness.com

19Nov

By Africa BusinessNo Comments

Events, Startups

EMERGING Valley Set for Record Attendance: Over 100 Startups, 150+ Speakers, and 40 Inspiring Conferences Scheduled

On December 3, 2024, Aix-Marseille-Provence, designated as the European Capital of Innovation in 2023, will host the 8th edition of EMERGING Valley at the futuristic and inspiring site of TheCamp. Organized under the High Patronage of President Emmanuel Macron, this international event is supported by the Aix-Marseille-Provence Metropolis, the Bouches-du-Rhône Departmental Council, Euroméditerranée, the City of Marseille, and the French Development Agency (AFD). It will bring together 150 speakers, over 40 sessions across 3 top-tier stages, and participants from more than 50 countries, solidifying Aix-Marseille-Provence's status as a strategic hub for emerging technologies connecting Europe and Africa. A Main Stage Rich in Strategic Announcements and Inspiring Discussions The Main Stage ...

Startups. After a new record number of applications for EMERGING Mediterranean, it’s time for the next program highlight: the Bootcamp of the 2 Shores, July 9-11

7Jul

By EMERGING MediterraneanNo Comments

Startups. After a new record number of applications for EMERGING Mediterranean, it’s time for the next program highlight: the Bootcamp of the 2 Shores, July 9-11

The 30 shortlisted startups will attend 3 inspiring days Once again, the EMERGING Mediterranean call for applications was an undeniable success with 305 applications, 31% of which were from women, giving an overall increase of 34% compared to 2020. A success revealing a dynamic region, a go-getting youth community and the programme’s strong interest entrepreneurial ecosystems. The next big highlight - the Bootcamp of the 2 Shores - will train 30 startups with coaching sessions and exceptional mentors. At the end of its recent call for applications for high-impact entrepreneurs from the South Shore of the Mediterranean who work in social economy and financial inclusion, mobility, agritech, e-health and climate, EMERGING Mediterranean is pleased to announce the next edition of the Bootcamp ...

12Apr

By Africa BusinessNo Comments

Kenya News, Startups

Kenyan retail-tech startup Tanda secures funding for regional expansion from HAVAÍC

Kenyan agency banking startup Tanda is expanding its operations regionally after securing funding from early-stage African tech investor HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota and three other investors. Tanda has also secured key strategic partnerships with Mastercard and Interswitch which will further accelerate its growth. The company’s expansion comes on the back of successfully pioneering and proving the viability of the interoperable agent and merchant model in Kenya, a model that has only been validated in West Africa prior to Tanda. Commenting on HAVAÍC’s decision to invest in Tanda, Rob Heath, Partner at HAVAÍC says, “Tanda is solving one part of the very deep and complex problem of financial inclusion that is not only Kenyan, but a problem across all emerging and undev...

26Mar

By Africa BusinessNo Comments

Startups

Africa’s Best Corporate-Startup Collaboration Accelerator Now Open for Applications from the Most Disruptive Startups on the Continent

Technology sectors such as FinTech, InsureTech, AgriTech, eCommerce, HealthTech, and CleanTech are not only solving some of Africa’s most pressing problems, they are also contributing significantly to the continent’s economy. In fact, the so-called Internet economy is set to reach 5.2% of gross domestic product (GDP) by 2025, contributing about $180-billion to the African economy[1]. To develop the potential of startups driving the Internet economy, Telecel Group has opened applications for the ASIP Accelerator Program, powered by Startupbootcamp AfriTech. The Program helps startups achieve 18-24 months of growth in just three months. Now, the next generation of early-stage African tech startups disrupting a wide range of industry sectors are being sought. Ten startups will be selected to ...

29Jan

By Africa BusinessNo Comments

Startups

Workshop 17 Wins Global Startup Award – Competition expands across Africa

On the 27th of January 2021, the winners of the 2019 season of the Global Startup Awards (GSA) were announced at the Global Grand Finale Day. Bringing home an Award to Africa was Workshop17, which scooped Best Coworking Space in the world’s largest independent startup ecosystem competition. On outshining the other finalists from around the world, Paul Keursten, Co-Founder and CEO of Workshop17 says: “We are thrilled to be a winner of such an established, global competition. It is a recognition for our vision to be a platform for entrepreneurship and innovation, and a tribute to the whole South African ecosystem of start-ups and innovator.” Western Cape Premier, Alan Winde shares: "I am very proud of Workshop17's win in the Global Startup Awards. Over the past year, we have seen tradition...

Development Trend of African Startups and Fintech

3Dec

By Shahina ParvinNo Comments

Fintech, Kenya News, South Africa News, Startups

Development Trend of African Startups and Fintech

Africa is a land of opportunity long neglected. It is unique and the diversity in cultures may make it difficult for something new to be accepted in society. However, the scenario has changed and African markets have started to gain attention from the past couple of years. Therefore, we can see the rise of African startups as regions progress with time accepting change. Consequently, poverty is going down and the African society promises a safe future and a solid education system for generations to come. Amidst this progress, the number of fintech companies in South Africa is emerging at a rather very fast pace. As the country is starting to embrace digital payment and banking systems instead of the traditional banking system, it has become easy for African tech startups to grab a hold of ...