African tech startups smashed funding records in 2018 as 210 startups secured US$334.5 million worth of investment, with Nigeria emerging as the premier investment destination on the continent. This is according to the annual African Tech Startups Funding Report 2018 released by Disrupt Africa, which is now in its fourth year. The report, which tracks […]
Read MoreRideSafe, a Kenya startup, is among 10 other African firms selected to pitch at the Africa Startup Summit in Kigali next month. Key among the inaugural event’s agenda will include exploring opportunities and challenges within the tech startup ecosystem, while showcasing the region’s entrepreneurial talent. RideSafe is an emergency response service that utilises a micro-insurance […]
Read MoreBBOXX, which has presence in Kenya and regional market, Tanzania-based Sanku, and South African Leadership Academy are among five global innovators that took home $600,000 after emerging winners in this year’s Zayed Sustainability Prize Awards. The three topped in Energy, Food and Global High Schools categories respectively. Tanzania’s Sanku equips and incentivise small-scale, and local […]
Read MoreThe African video on demand (VoD) space is on the rise with the latest been the Ivory Coast VoD Startup StarNews Mobile Hitting the big numbers Nigeria’s iROKOtv is the flagship startup, competing against the likes of Netflix and Showmax, but the recent sale of iflix operations in Africa spoke to the major challenges associated […]
Read MoreSeedstars has partnered the Bill and Melinda Gates Foundation to launch a call to identify innovative solutions to vaccine delivery and malaria supply chain challenges across low-resource settings in Africa. Seedstars has already picked African winners in Egypt, Tunisia, Zimbabwe, Morocco, Ghana, Rwanda, Libya, Uganda, Senegal, the Democratic Republic of Congo (DRC), Kenya, Mozambique, Guinea […]
Read MoreCameroonian startup MooExams is aiming to positively impact educational outcomes in Africa by gamifying the process of learning and preparing for examinations. A subsidiary of gaming startup SDK Games Africa, MooExams is an interactive, gamified and innovative educational tool. “It capitalises on young people’s love of technology to boost engagement in education, improving skills while […]
Read MoreThe UNICEF Innovation Fund is looking to make equity-free investments of up to US$100,000 in startups using data science, machine learning, artificial intelligence (AI) or similar technologies. UNICEF has rolled out a host of individual funds in recent years, including ones for blockchain, VR and drone startups, and backed the likes of South Africa’s 9Needs […]
Read MoreNigerian startup Delivery Science is using its Fieldinsight product to help consumer goods companies gain insight into smarter deployment of their people, assets and products out in the field. Delivery Science was founded in 2014 after co-founder and chief executive officer (CEO) Lanre Oyedotun’s haulage business was dealt a huge blow by a driver stealing […]
Read MoreThe Uganda-based off-grid solar company SolarNow has closed its largest financing facility to date through SunFunder, with Oikocredit and responsAbility contributing to a US$9M debt funding round. The facility is the third structured asset finance instrument arranged for SolarNow by the Nairobi-based SunFunder, after previous ones in 2016 and 2017, and will enable the company […]
Read MoreVenture capital (VC) firm Oui Capital has launched a $10 million fund for investments in innovative tech startups from Nigeria, Kenya and South Africa. Oui Capital has been launched by, among others, Oluwaseun Oyinsan, previously in charge of investments at Ingressive Capital, an early-stage venture fund that has made investments in the likes of Paystack, […]
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