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 […]

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 […]

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 […]

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. […]

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 […]

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 […]

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 […]

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 […]

The National Information Technology Development Agency (NITDA) has unveiled a golden opportunity for Nigeria’s youth to gain international exposure and training in the United States.  This recent announcement is a clarion call to the country’s young tech enthusiasts to step onto the global stage. Titilope Gbadamosi, the Special Assistant to President Bola Ahmed Tinubu on […]

200 startups from Morocco will be showcased at the forthcoming GITEX Africa Morocco event, where Moroccan entrepreneurs will undoubtedly compete for the spotlight. Under King Mohammed VI’s patronage, this event brings together tech giants and startup hopefuls to display cutting-edge innovations and forge innovative collaborations. The Morocco Ministry of Digital Transition and Administrative Reform and […]

In a remarkable shift in the startup investment landscape, 2023 marked the year when African investors took the lead in funding the continent’s burgeoning startup ecosystem. According to data from Africa: The Big Deal, local investors accounted for 35 percent of all investors in deals exceeding $100,000, surpassing their North American counterparts who previously dominated […]

The United Kingdom’s Department for Business and Trade (DBT) has rolled out the red carpet for African tech startups with the introduction of the Unicorn Kingdom: Pathfinder Awards (UKPA).  With Applications open from This initiative is not just an awards program; it’s a clarion call for the continent’s most innovative minds to step onto the […]

dKilo, an innovative Egyptian adtech startup, has recently secured a significant $3.2 million in seed funding, marking a new chapter in the evolution of advertising technology. Founded in 2020 by Mohamed Mousa and Sherif Abdelaty, dKilo is not just another player in the adtech space. It’s a visionary company with a mission to disrupt the […]

Moroccan FinTech startup TooKez has successfully secured a significant investment of $1.5 million, in a fundraising round spearheaded by the esteemed Azur Innovation Fund. The public-private seed capital fund, known for its support of innovative ventures, is dedicated to enhancing the customer loyalty landscape in Africa and the Middle East and North Africa (MENA) region. […]

A floating device that can turn the ocean’s thermal energy into electricity could soon help a small African country achieve its clean energy goals. São Tomé and Príncipe, an island nation located off the west coast of Africa, has teamed up with Global OTEC, a startup based in the UK, to deploy a barge that […]

iOS and Android have dominated the smartphone market for years, offering unique advantages and catering to user preferences. Choosing between the two can be challenging, so let’s make a detailed comparison to help you decide which ecosystem better suits your needs. Operating System and User Interface Apple’s iOS is renowned for its simplicity and user-friendliness. […]

Alexbank, one of Egypt’s leading banks, has embarked on a strategic partnership with Mastercard, a global leader in payment technology and solutions.  This collaboration aims to revolutionise Egypt’s payment landscape, enhancing convenience, security, and accessibility for customers across the country. Read also: Ethswitch, Mastercard digitize Ethiopian payments Advancing Payment Infrastructure The partnership between Alexbank and Mastercard signifies a […]

Allen Qu will lead African Fintech Company LemFi’s attempts to grow among the Chinese diaspora. Qu, who has built billion-dollar firms in Africa, will be LemFi’s Vice President of Growth, focusing on the Chinese market. LemFi will benefit from his expertise tailoring its revolutionary international payment solutions to the Chinese diaspora. Allen has been a […]

Kingsley Adonu, founder and head of S Mobile Group and a serial entrepreneur, has declared his intention to open an innovation hub in Enugu State, which he has named the S Mobile Tech Hub. He said the Tech Hub is a S Mobile Group corporate social responsibility (CSR) project to help young people learn new […]

Flutterwave, Africa’s foremost fintech giant, has announced the cessation of its Barter virtual card service, signalling a strategic shift towards consolidating its enterprise and remittance business segments. Over the past month, fintech has advised customers to withdraw their funds from the Barter app as it redirects its focus to high-growth areas. Market Analysis and Customer […]