Prof. Kingsley Ekwueme, a Consultant Urologist and Robotic Surgeon located in the United Kingdom (UK), has characterized males waiting for prostate cancer signs before beginning treatment as a death sentence and emphasized the need for early identification. After skin cancer, prostate cancer is the most common type of cancer in men, so it’s important to […]

Despite Ghana’s fragile economy, its currency’s wild slide, and the current global market situation, Bamboo, a retail trading software company with roots in Nigeria, remains optimistic about expanding into Ghana. Nevertheless, this is not the case for all non-payment fintechs serving consumers and SMEs. CEO Richmond Bassey of the online brokerage app Bamboo said that […]

Large-scale restaurant groups in Africa typically rely on legacy systems and POS service providers to run their businesses. Unfortunately, these systems can be quite costly and do not adequately cater to the needs of smaller restaurants, which make up the largest segment of this $50 billion industry; as a result, they continue to run operations […]

Vendease, a Nigerian food procurement start-up, laid off 9% of its workers, or 27 employees out of a total of almost 300, this week. There has been much discussion regarding the decline in funding for African entrepreneurs. That’s why the news of Vendease raising $30 million in September 2022 cut through the clutter; it was […]

The Single African Air Transport Market (SAATM) has made little headway since its introduction in January 2018, but last week 15 of the 35 member governments launched a cluster to trial the plan in the real world. The Single African Air Transport Market (SAATM) hasn’t changed much since it started in January 2018. However, 15 […]

Precursor Ventures, Vested World, Y Combinator, FoundersX, and Mercy Corp Ventures backed Pivo Africa in a $2 million seed round. Suppliers involved in complex supply chains, wholesale distributors, and SMEs can take advantage of Pivo’s all-in-one financial services platform. Founded in 2021, the company helps clients manage their cash flow with credit, transactions, and spending […]

Beekeeper Tech raises $640.000 in a seed round to support Its goal to create cutting-edge beehive tracking, monitoring, and breeding technologies.  The company’s principal investor is 216 Capital Ventures, while other well-known business angels including Mr. Ibrahim Al-Rashid and Bridging Angels have also made significant investments. These organizations, in addition to Dammam BioTech Valley, Startup […]

Oraimo, Nigeria’s top smart accessory company, has signed an ambassadorship agreement with Damini Ebunoluwa Ogulu MFR, known professionally as Burna Boy, who is also a Grammy-winning Nigerian singer and songwriter. A relationship with the “Giant of Africa,” which is known as the No. 1 TWS and Smartwatch brand in Africa, is undoubtedly a success for […]

Hibir e-commerce, a digital payments network developed by Hibret Bank, allows Ethiopian companies and merchants to accept foreign card payments online. The Hibir e-commerce service is a first in Ethiopian banking. The move will help local businesses reach new markets and make more money, and it will also make it easier for Ethiopia to join […]

As a result of Elon Musk’s buyout of Twitter for $44 billion last month, certain parts of the popular social network are presently being adjusted. There are also some earlier Twitter features, such as Vine, that may be brought back. However, it seems like another essential feature might return to Twitter in the near future: […]

Kenya’s e-mobility company BasiGo has raised Ksh 798.6 million ($6.6 million) from eight lenders. This will help them make more electric buses that are built locally. Mobility54, Trucks VC, Novastar Ventures, Moxxie Ventures, My Climate Journey (MCJ), Susquehanna Foundation, Keiki Capital, and OnCapital led the latest funding round, bringing the company’s total funding this year […]

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) inked an MoU with Bloc, a banking service and fintech infrastructure firm, to offer fintech to SMEs in Nigeria.  Ibrahim Mohammed, director of the agency’s Corporate Affairs Division, stated, “Bloc, a FinTech infrastructure business with a PSSP license from the Central Bank of Nigeria, is […]

Giza Block, a fintech startup that provides instant consumer credit in Egypt, has raised $23.7 million in equity and debt funding and $8.3 million in securitized bonds to accelerate financial inclusion. These funds will benefit Blnk’s AI-powered lending infrastructure and fast-growing customer base. Leading Egyptian venture capital company Sawari Ventures and the Emirates International Investment […]

The Katapult Africa Accelerator Programme, which gives startups access to US$150,000 in funding and other support, has chosen nine startups from across the continent. An intensive 90-day digital program has been organized by the Norwegian investment firm “Katapult Accelerator” through its branch in Africa with the goal of educating and supporting startup businesses in Africa. […]

Ingressive for Good (I4G), one of Africa’s top ed-tech non-profit organizations, announces its first physical festival, I4G HACKFEST 2022, a yearly celebration of the development of African techies and communities. I4G HACKFEST 2022 is an annual event that celebrates the growth of African techies and communities while also showcasing emerging talents, industry trends, and insights […]

The World Bank Group’s Board of Executive Directors have approved South Africa’s request for $497 million (about R9 billion) to decommission and repower the Komati coal-fired power plant using renewables and batteries. On October 31, the last Komati unit was shut down at midday, heralding the beginning of what Eskom described as a repowering and […]

Pick n Pay is expanding the inclusion of cryptocurrency as a payment option to more stores upon the successful completion of the first phase. The first phase allowed customers to make payments for goods with crypto from their smartphones. The retail company, which is one of the leading grocery retailers in South Africa, announced this […]

Maritime Microfinance Bank (MFB) was recently purchased by Payhippo, a financial institution that specializes in savings, demand deposits, investments, and micro- and SME loans. Small company loans are made available using a platform powered by artificial intelligence. The transaction is awaiting permission from the Central Bank of Nigeria, and both sides are working together to […]

MaxAB, the MENAP region’s largest food and grocery B2B e-commerce and distribution platform, has announced the closing of a $40 million pre-series B equity deal. As part of its Long Term Capital strategy, Silver Lake, a global leader in technology investing, participated in the round.     British International Investment (BII), formerly known as CDC), the […]

Moringa School has announced that it would work with Lipa Later and Huawei to give all its current and future students high-quality laptops at very low prices. As a result of this partnership, young people between the ages of 18 and 30 who are interested in participating in Moringa School programs will have the opportunity […]