Startups
Highlights
Madica backs three promising startups with $200,000 each
Recent Articles
Three Nigerian students launch healthcare startup for elderly people
Hauwa Ali AbdulMadica launches grant support program for African startups
Staff WriterThepeer closure sparks concerns among investors
Hauwa Ali AbdulIvorypay, Tether partner to boost digital payments
Ibukunoluwa Josephine BankoleYEAC-Nigeria’s Initiative lights up Niger Delta communities
Hauwa Ali AbdulNigeria opens startup portal for tech innovators
Hauwa Ali AbdulInjini Mastercard Foundation supports 12 startups in South Africa
The Injini Mastercard Foundation EdTech Fellowship in South Africa has selected twelve startups and provided access to funding and other forms of support as it commences the second edition of its ed-tech accelerator program. After extensive application and interview processes, twelve ventures have been chosen for the second edition of the programme. They will have […]
Felicia AkindurodoyeNigerian mobility startup, Moove secures $110 Million in Q1 2024
In a quarter marked by cautious investor sentiment, Nigerian mobility startup Moove has emerged as a beacon of success in Africa’s startup scene. The company secured a staggering $110 million, accounting for nearly a quarter of the continent’s total startup funding in Q1 2024. This includes a notable $100 million Series B round spearheaded by […]
Hauwa Ali AbdulMswitch media hub to empower 5,000 Nigerian creatives
Over the next five years, Abuja-based media company Mswitch Creative Media Hub will train five thousand young Nigerians for post-production jobs worldwide. Twenty promising young creatives have been given the tools they need to become proficient sound designers through the program’s rigorous curriculum, which began in February 2024 and consists of both classroom instruction and […]
Felicia AkindurodoyeAffinity Ghana secures funding from Renew Capital
Renew Capital, an investment firm specialising in African ventures has funded the rapidly growing digital bank Affinity Ghana. One of Affinity’s main goals is to help 350 million African adults who do not have bank accounts. With a focus on individuals whom traditional banking systems have marginalised, their goal is to make banking services available […]
Felicia AkindurodoyeGhanaian startup acquires Waffle software-as-a-service (SaaS) provider
In a groundbreaking development that promises to reshape the digital healthcare landscape in Ghana, Rivia, a dynamic health tech startup, has made a strategic leap by acquiring Waffle, a well-established software-as-a-service (SaaS) provider. The move is poised to revolutionise primary care clinics, empower small and medium-sized businesses (SMEs), and enhance patient experiences nationwide. The Unconventional […]
Hauwa Ali AbdulKenyan BasiGo secures $3M Investment fund from CFAO Group
In a significant stride towards sustainable transportation, BasiGo, a Kenyan e-mobility startup, has garnered a substantial USD 3 million equity investment. This financial backing comes from the CFAO Group, a prominent entity in the African mobility and infrastructure sector, and is fully supported by Toyota Tsusho Corporation of Japan. The investment is a collaborative effort […]
Hauwa Ali AbdulKenyan digital commerce startupTappi sets sights on Ivory Coast
In a bold expansion strategy, the Kenyan digital commerce startupTappi has set its sights on the burgeoning market of the Ivory Coast. This move is a business decision and a transformative step for the region’s micro, small, and medium-sized enterprises (MSMEs). Founded by visionaries Kenfield Griffith and Louis Majanja, Tappi has revolutionised how small businesses […]
Hauwa Ali AbdulSprints $3 million bridge round fuels expansion
Sprints, a visionary startup from Egypt, is making waves with its recent acquisition of a $3 million bridge round. This significant financial boost, spearheaded by Disruptech Ventures and supported by EdVentures and CFYE, marks a pivotal moment for Sprints as it sets its sights on expanding into ten new markets. Launched in 2020 by the […]
Hauwa Ali AbdulNigeria turns to agri-food tech startups to boost food production
In the fertile lands of Nigeria, a green revolution is brewing, not with tractors and ploughs, but with innovative startups and savvy investors. As the nation grapples with the twin challenges of food inflation and a burgeoning population, the focus turns to agri-food tech startups as the harbingers of a new era in food production. […]
Hauwa Ali AbdulEgypt launches AgriTech4Egypt to nurture startups
In an ambitious move to revolutionize its agricultural sector, Egypt has launched the AgriTech4Egypt Innovation Challenge. This initiative seeks to attract scientists and entrepreneurs dedicated to creating agri-tech solutions that promise a more sustainable, efficient, and climate-resilient future for Egyptian agriculture. The AgriTech4Egypt Innovation Challenge is not just another competition; it’s a targeted effort to […]
Hauwa Ali AbdulVillage Capital, Moody’s Foundation unveils Greentech 2024
Village Capital and Moody’s Foundation have unveiled an accelerator for investment readiness, Greentech 2024: The Future of Sustainability. Since 2012, Village Capital has operated in Africa through 14 accelerator programs, enabling early-stage companies to access social and financial capital that is crucial for maximising business and impact growth. Greentech 2024, an initiative by Village Capital […]
Felicia AkindurodoyeNigerian startup spearheads sales tech Innovation in Africa
In the dynamic landscape of African entrepreneurship, a visionary startup is making waves. SAVA, born in Nigeria, has rapidly evolved from a growth service provider to a trailblazer in sales technology solutions, reshaping how businesses across the continent drive revenue. Initially, SAVA’s mission was to bolster African startups and enterprises through growth services. However, recognizing […]
Hauwa Ali AbdulKua Ventures, Startup Savanna to Elevate East African SMEs
In a bold move to invigorate the East African entrepreneurial landscape, Kua Ventures has joined forces with Startup Savanna, marking a new chapter in the support for Small and Medium-sized Enterprises (SMEs) in the region. This partnership heralds a fresh perspective on funding, expertise sharing, and sustainable growth for local businesses. The collaboration between the […]
Hauwa Ali Abdul