IFC, a member of the World Bank Group, has partnered Nigerian logistics startup Kobo360 to announce an open call for innovators from around the world to bring climate-smart, temperature-controlled logistics (TCL) cooling solutions to Nigeria to help the country address food waste challenges, support its health sector, and reduce its energy consumption. IFC, which is […]
Read MoreNigerian startup Indicina, which has developed a data-driven lending platform that digitises the credit value chain, has raised a six-figure US dollar funding round as it looks to further build out its product. Founded in 2018, Indicina helps both bank and non-bank lenders apply a data-driven approach to credit underwriting at scale, providing new insights […]
Read MoreA Kenyan smart addressing startup OkHi has launched in Nigeria alongside strategic partner and new investor Interswitch Group, aiming to tackle a problem that costs Nigerian businesses an estimated $2 billion a year-the lack of postal addressing infrastructure. Co-founded in 2014 by Timbo Drayson, who while at Google led the launch of Google Maps across […]
Read MoreDating startup Trueflutter, which has built a matchmaking app designed specifically for Africans across the world, has raised funding from three local angel networks. Built for African singles who are searching for long-term relationships and life partners, Trueflutter has been designed to be compatible with African culture and value systems, and uses an advanced matching […]
Read MoreAfrican industrialist Adam Molai has launched a $1 million fund to provide entrepreneurs with capital to kickstart or expand their enterprises. The Jua Kickstarter Fund will provide successful applicants with funds to launch or grow their businesses, as well as mentoring and guidance. Molai, who has successfully started several enterprises across Africa and whose TRT […]
Read MoreConsumer credit startup CredPal, has raised a $1.5million funding round as it launches its range of credit cards. Launched in 2017 by Fehintolu Olaogun and Olorunfemi Jegede, CredPal develops consumer credit infrastructure to ease consumer credit purchase and enable retail businesses to provide on-demand credit for consumers. The startup, a graduate from the Silicon Valley-based […]
Read MoreNigeria’s Foodlocker startups has been named winner of the African Development Bank’s $120,000 AgriPitch competition. Foodlocker was among the other startups that were to share $120,000 in prize money. The winner in the Mature Startup category was Nigeria’s Foodlocker, which supports smallholder farmers with technologies for the production of foods such as tomatoes and chicken. […]
Read MoreNigerian talent outsourcing and incubator company TalentQL, recently launched, has raised a $300,000 pre-seed funding round led by Zedcrest Capital. Founded by Adewale Yusuf, Opeyemi Awoyemi and Akintunde Sultan, also co-founders of Techpoint Africa, Jobberman and DevCareer, TalentQL hires, develops and manages remote talent for global companies. The startup launched this month with plans to […]
Read MoreNigerian social payments app for cash and cryptocurrencies Bundle has launched operations in Ghana, and plans to be active in several more African countries by the end of 2020. Disrupt Africa reported in April on the launch of Bundle, which allows users to request, send and receive cash or crypto from their peers. Users are […]
Read MoreFive Nigerian startups are among the twenty-five young African agripreneurs that have advanced to the final round of the African Development Bank’s AgriPitch competition of $120,000 in seed funding prizes. The Nigerian startups are Farmspeak Technology, One Kiosk, Releaf, Grubz and Farmz2U. AgriPitch organisers received more than 2,500 applications and evaluated 605 proposals from 30 […]
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