Technology

Nigeria’s NINE Appointed Jack Ma’s Africa Netpreneur Prize Initiative Regional Partner

NINE,(Network of Incubators & Innovators in Nigeria) has been selected as regional partner for Alibaba Group founder Jack Ma’s Africa Netpreneur Prize Initiative (ANPI). NINE, is a network of Business/Technology Incubators, Accelerators, Innovation Centers, other organisations and individuals that support the development and growth of innovation, start-ups and SMEs in Nigeria. It is also a […]

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Technology

Motorcycle Taxi app Gokada to open Driver’s Training School

Lagos-based on-demand motorcycle taxi app Gokada has celebrated its first birthday with the launch of its new office in Ilupeju, which will house a state-of-the-art driver training school to train and verify up to 500 riders at a time. Gokada customers can order a motorbike ride through the company’s website, or by using its geo-location […]

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Technology

Sierra Leone’s Mosabi to Boost Inclusion through ed-tech, Fintech

Sierra Leone-based startup Mosabi is marrying ed-tech with fintech in order to extend financial services to traders operating in the grey market, and has seen strong adoption of its solution across six markets. Founded in 2016, Mosabi uses mobile technology to offer what it calls an “MBA for the rising billions” via its business-focused e-learning […]

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StartUps

Agri-tech Startup Hello Tractor Expands across Nigeria, Kenya

Nigerian agri-tech startup Hello Tractor has partnered the Technical Centre for Agricultural and Rural Cooperation ACP-EU (CTA) to expand its services across Nigeria and Kenya, connecting 5,000 smallholder farmers to mechanisation services. Hello Tractor connects tractor owners to farmers through an Internet of Things (IoT)-enabled digital solution that bridges the gap between manual and mechanised […]

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StartUps

Nigerian ed-tech Startup WinApay Gamify’s Learning

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, […]

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StartUps

80 Million Young Africans to Benefit from the Rise of Digital Commerce in Africa

The 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 […]

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Financial

DRC fintech Startup Contest for $130k Investement

Financial 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 […]

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StartUps

Kenya’s Paytree Enhances Merchants Grow with Free e-commerce Stores

Kenyan 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 […]

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Business

Kigali Tech Summit: Enough of Tech Skills, Africa Needs Business Talents

Discussion 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 […]

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Financial

African SME-focused Fund Reach $84.5m

The 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 […]

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