The United Kingdom (UK)’s Department for Digital Culture, Media and Sport launches scheme to develop next generation of African start-ups even as application process is underway for government ministers and business leaders to attend first ever UK-Africa Investment Summit; Africa has a fast-growing tech sector which is driving growth and creating jobs on the continent […]
Read More2019 was the best year yet for investment into the African tech startup space, with 311 companies banking a combined US$491.6 million. This is according to the annual African Tech Startups Funding Report 2019 released by startup news and research portal Disrupt Africa, which is now in its fifth year. The report, which tracks the […]
Read MoreStartups participating in the second season of the Facebook Accelerator Programme have recorded significant achievements, including raising over $500,000 in committed investments and grants in just three months (halfway through the programme). Within the same period, they have also made significant product pivots, sealed key partnerships and made progress towards creating unique products with world-class […]
Read MoreNigerian startup HouseAfrica has developed Africa’s first blockchain-based land and property registry, reducing the time it takes banks, lawyers and other stakeholders to query and register land titles. Formed in May 2018 to tackle problems around land ownership that lead to duplicate land titles and illegal sales, as well as low access to mortgages, HouseAfrica […]
Read MoreGhanaian startup KudiGO, which builds solutions for the consumer retail industry, is opening its Nigerian office this month, while it is also making inroads in East African markets. Launched in November 2018, KudiGO provides an integrated, mobile-based retail, payments, accounting and analytics engine for the consumer retail industry in Ghana and Nigeria, helping over 1,000 […]
Read MoreIyinoluwa Aboyeji, co-founder of Andela and Flutterwave, has announced his Future Africa initiative has launched an early-stage investment fund that will back up to 20 founders with up to US$50,000 of capital each year. In Andela and Flutterwave, Aboyeji has helped launch two of Africa’s best known and best funded startups, and having “retired” from […]
Read MoreThe Nigerian Communications Commission (NCC) has shortlisted 25 technological Innovators to contest in Innovation Competition and Exhibition organised by the NCC with the focused on “Promoting Innovation and Creativity in the Telecoms Sector”. The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta said the contest is part of the commitment […]
Read MoreThe Board of Directors of the African Development Bank has approved a grant of $5 million to enable the Tony Elumelu Foundation Entrepreneurship Programme to scale up its outreach and impact to 1,000 select youth entrepreneurs. The grant follows the signing of a letter of intent between the Bank and the Tony Elumelu Foundation, which […]
Read MoreA new window of start-up seed fund have opened for Africans following the kick=off of the first Google Startup Week that was held in Lagos, South-West, Nigeria where Google Launchpad Accelerator Africa graduates, pitch for funding from some of Africa & the UK’s top venture capitalists (VCs), and Launchpad Accelerator Africa class 4 graduating from […]
Read MoreNigerian startup Donate-ng is seeing strong revenue growth as uptake of its donation-based crowdfunding platform increases. Founded in 2015, Donate-ng connects charities, non-profits and individuals seeking financial assistance with willing donors. “A lot of Nigerians are in search of social goods, charitable campaigns and non-profit campaigns that they can donate to without the challenge of […]
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