Nigerian genetics startup 54gene has partnered US firm Illumina to power the creation of a world-class genomics facility in Lagos. Launched in 2019, 54gene is a research, services and development company founded that utilises human genetic data from diverse African populations to improve the development, availability and efficacy of medical products that will prove beneficial […]
Read MoreNigerian cryptocurrency exchange Yellow Card has secured a US$1.5 million seed funding round to help it expand to more new markets. Founded by Chris Maurice, Justin Poiroux and Munachi Ogueke, Yellow Card offers users multiple payment options, low fees and competitive rates, and has already seen strong uptake in Nigeria, where it has over 35,000 […]
Read MoreTanzanian fintech startup Mipango has been selected to take part in NVIDIA Inception, a virtual programme designed to nurture startups revolutionising industries with advancements in artificial intelligence (AI) and data sciences. Disrupt Africa reported in June on the launch of Mipango, an AI-based personal finance mobile application that enables users to manage their income, expenses, […]
Read MoreAgri-tech startup Hello Tractor has been selected to join Mastercard’s Start Path engagement programme, which provides startups access to experts and infrastructure. Hello Tractor connects tractor owners to farmers through an Internet of Things (IoT)-enabled digital solution that bridges the gap between manual and mechanised farming. The startup, which operates across Nigeria and Kenya, allows […]
Read MoreThe Lagos State Government through has empowered twenty-three innovators and tech firms with tech grants of N100 million. The grants recipients are the first picked to benefit from a research and innovation fund launched last year by the Lagos State Government and run by the Lagos State Science Research and Innovation Council (LASRIC). Designed to […]
Read MoreKenyan retail-tech startup MarketForce is the only Sub-Saharan African company selected for the Y Combinator Summer 2020 batch, securing $150,000 in funding and the inspiration for a new product. Launched in 2018, MarketForce enables consumer brands to optimise how they deliver essential goods and services to retailers and consumers by bridging the information gap in […]
Read MoreThe 10 startups finalists of the third edition of the Ecobank Fintech Challenge, which gives startups the opportunity to promote their fintech solutions and potentially roll out across the bank’s 33 markets will pitch for a cash prize of $22,000. The finalists will pitch their products to a jury for the cash prizes for the […]
Read MoreLagos-based transport startup Plentywaka has raised US$300,000 in pre-seed funding to expand to the capital Abuja as well as other Nigerian states. Plentywaka launched its services in the second half of last year, and since then has built a platform of over 40,000 customers that has seen substantial growth since the beginning of 2020. It […]
Read MoreNigerian fintech startup Rise has been selected to participate in the US-based Techstars & Western Union Accelerator, gaining access to funding and mentorship. Based out of Denver, Colorado, the Techstars & Western Union Accelerator is a three-month, mentor-driven programme designed to help startups build and shape the future of how money moves. Each participating startup […]
Read MoreNigerian startup TradeDepot, a B2B e-commerce platform for consumer goods in Africa, has raised $10 million in a pre-Series B equity funding to expand into other African cities and launch a suite of financial products and credit facilities for its retailers. Founded in 2016, TradeDepot is an end-to-end distribution platform that aims to connect the […]
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