Nigerian ed-tech startup WinApay is gamifying the learning process for its users and allowing them to win cash prizes for answering questions correctly. Founded in December 2017, WinApay allows users to try out its platform for free before they take up a paid subscription to play games and answer questions in categories such as sport, […]
Read MoreThe Mastercard Foundation in partnership with BFA has released the Digital Commerce and Youth Employment in Africa, new research that shows 80 million young people will benefit from the rise of digital commerce in Africa by 2030. These findings indicate that the digital commerce sector has the potential of disrupting the future of work on […]
Read MoreFinancial Sector Deepening (FSD) Africa, the Banque Centrale du Congo and Elan RDC have opened applications for a $130,000 fintech challenge in the Democratic Republic of Congo (DRC). Aimed at local startups, DRC – Innovation for Financial Services 2019 is looking to develop the financial services and payment solutions space in the DRC, with six […]
Read MoreKenyan startup Paytree is helping businesses reach more customers through the provision of free e-commerce stores integrated with payment solutions and last-mile delivery services. Formed in early 2018, Paytree only went to market in August but has already built up a customer base of more than 300 merchants. It has three main products – integrated […]
Read MoreDiscussion around entrepreneurial talent in the tech space in Africa focuses too much on tech skills, while there is a gap in experienced business people leading startups active in the space, according to Ido Sum, partner at TLcom. Speaking at the inaugural Africa Startup Summit in Kigali, Rwanda, last week, Sum said fast growing startups […]
Read MoreThe African SME-focused fund’s total capacity has reached $84.5 million as Impact investment firm Investisseurs & Partenaires (I&P) announced the second closing of its I&P Afrique Entrepreneurs 2 (IPAE 2) fund. Launched in 2002, I&P is committed to contributing to the rise of a sustainable and dynamic private sector in Sub-Saharan Africa. The firm announced […]
Read MoreKenyan hardware and connectivity startup BRCK has announced its acquisition of local public WiFi provider Surf, making BRCK one of the largest public WiFi networks in Sub-Saharan Africa. Launched in 2013, the original BRCK is a rugged router designed for harsh environments with limited connectivity and power. The company has since rolled out further products: […]
Read MoreAfrican startups have been invited to apply for the Inclusive Fintech 50 competition, a global initiative aimed at recognising and promoting the most impactful businesses in the financial inclusion space. The Inclusive Fintech 50 is an initiative of the MetLife Foundation and Visa, alongside global non-profit Accion and IFC, and will recognise the top 50 […]
Read MoreGlobal consumer spend on digital content will reach $250 billion in 2019, an increase of $23 billion year-on-year.The $23 billion rise is fuelled by on-demand subscriptions from Amazon, Facebook & Twitter acquiring of sporting rights to bolster content market share The research from Juniper found that SVoD (Subscription Video on Demand) services will be a […]
Read MoreNigerian startup Coreum has launched its platform allowing individuals to co-invest in property and earn returns from rental income and capital gains. The Lagos-based Coreum, which went live February, aims to make investing in real estate accessible to more people, regardless of age and economic status. It offers a wide range of products tailored to […]
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