StartUps

Nigeria’s e-health Startup mDaaS Global Secures $1m Funding

Nigerian e-health startup MDaaS Global, which builds and operates tech-enabled diagnostic centres in clinically-underserved communities, has secured US$1 million in funding. MDaaS, which helps hospitals access top-of-the-line devices and provides ongoing service support to ensure equipment remains operational, made a United States (US) Securities and Exchange Commission filing earlier this week in which it said […]

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Internet

Kenyan Start-up Puts Isolated Community Online

Kenyan startup Hyrac Tech is bridging the connectivity gap with a mobile server that delivers internet resources to previously-offline communities. Launched at the beginning of 2017, the Nakuru-based Hyrac Tech was formed in order to empower communities and organisations with the resources they need to succeed in the digital era. “Our focus is to ensure […]

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Technology

Plateau State Plans Silicon Valley, Targets 5,000 Startups by 2021

The State Government in North Central Nigeria is taking advantage of the myriad potentials of its youth population using ICT skills to create a silicon valley that will incubate about 5000 start-ups from across the 17 local governments in the state. The Silicon Valley, which is intended to reduce youth unemployment in the state, would […]

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StartUps

Silicon Valley-based Founder Institute Launches Lagos Chapter

Silicon Valley-based idea-stage startup accelerator Founder Institute has launched its newest chapter in Lagos with the goal of launching more than 20 enduring tech companies each year. Founded in 2009, Founder Institute is a startup launch programme for aspiring and early-stage entrepreneurs, offering them the structure, mentor support and global network needed to start an […]

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StartUps

Kobo360 to Launch in Ghana & Kenya

Kobo360, the technology logistics platform, today announced that it will expand operations into Accra, Ghana and Nairobi, Kenya. The announcement follows recent news that the company launched in Lome, Togo – home to West Africa’s largest shipping port, and sees a period of rapid expansion for the African start-up. Backed by international and African investors, […]

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Technology

Ghana Solar Company, PEG Picks Final $50m Funding

Ghana base pay-as-you-go (PAYG) solar company PEG Africa has raised $25 million in Series C funding, taking its total secured investment to $50 million. PEG Africa uses a PAYG financing model to provide credit for solar home systems to underserved households in Ghana, Ivory Coast and Senegal, and serves over 60,000 households. The company has […]

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StartUps

Farmcrowdy Secures $1m Additional Seed Funding

Nigerian agri-tech startup Farmcrowdy has raised additional seed funding of $1 million as it prepares to broaden its offering. Formed in 2016, Farmcrowdy connects small scale farmers across Nigeria with access to finance sourced from individuals and corporates via its online platform, and has so far empowered over 12,000 farmers across 14 states. The startup, […]

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StartUps

Visa Launches Global Competition for Female Entrepreneurs

Visa has opened applications for a global competition for female entrepreneurs in the fintech and social impact spaces that will see winners secure US$100,000 in prize money. Launched in 2015, the Visa Everywhere has been active in 75 countries and awarded more than 70 leading startups with cash prizes, mentorship and access to Visa’s clients […]

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StartUps

Paylater Secures $5m Facility, Migrates to Full Service Digital Bank in Nigeria

Nigerian fintech, One Finance Limited has has secured a $5M debt facility for its consumer facing platform, Paylater enabling it to migrate to full digital bank. The facility comes from New York and Nairobi-based Lendable, a technology-enabled funding provider to African consumer and SME lenders. The debt facility will be used to deploy more loans […]

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StartUps

Somali Delivery Startup Gulivery adds e-hailing Services

Somali startup Gulivery, which provides delivery services to restaurants, shops and e-commerce platforms, has added e-hailing functionalities to its platform. Gulivery developed a mobile app that allowed people to order meals and groceries from restaurants and supermarkets, and have them delivered to their doors by the startup’s delivery partners. The startup was launched in 2017 […]

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