African 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 […]
Read MoreXend Finance has publicly launched its decentralised finance (DeFi) platform for credit unions and cooperatives following a $1.5 million strategic investment round. Xend Finance, which last year took part in the Google Launchpad Africa accelerator and the Binance Incubation Programme, has developed a platform that gives everyone access to the global money market so members […]
Read MoreVentures Platform Foundation has called for applications from Startup of North-East Nigeria for an incubation programme focusing on early-stage companies that are building innovative tech solutions which addresses needs of communities hit by the activities of terrorists in that region. Since 2009, according to estimates from the United Nations (UN), more than two million people […]
Read MoreLagos-based HR and payroll tech startup SeamlessHR has closed a VC-led round of funding to unlock its next phase of growth. Founded in 2018 and describing itself as “Workday for emerging markets”, SeamlessHR is building an enterprise-grade, cloud-based HR platform that helps medium to large-sized companies automate and optimise their entire HR process, from recruitment […]
Read MoreAfrican logistics startups are part of a “third wave” of Africa’s tech revolution that is attracting investors because of its access to high profile customers, clear paths to profitability, and expert founders. Logistics as a sector is on the rise in Africa, with startups across the continent tackling bottlenecks and inefficiencies in all sorts of […]
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