The 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, […]
Read MoreApplications are open to the Innohub flab Accelerator, seeking female-led tech startups to join the six-month Ghana-based programme. The fLab programme seeks to promote innovative technology entrepreneurship among women, by providing female-owned tech startups with product development and business development support. The accelerator is currently seeking 20 entrepreneurs with innovative, high-growth, social impact ventures looking […]
Read MoreFive agri-tech startups have been selected to join the Senegal Startup Accelerator run by Kosmos Innovation Centre and Reach for Change; receiving six months’ incubation and US$2,000 seed funding. The Senegal Startup Accelerator aims to support young Senegalese entrepreneurs with innovative ideas tackling the challenges facing the agriculture sector using technology. The programme – run […]
Read MoreEight more Africa-based entrepreneurs have been chosen to join the global Endeavor network, which will see them gain access to mentorship and acceleration. Endeavor, which launched in Nigeria and Kenya this year, and has accepted a host of African entrepreneurs into its network, works to catalyse long-term economic growth by selecting, mentoring, and accelerating the […]
Read MoreEgypt’s Commercial International Bank (CIB) has launched CVentures, a corporate venture capital firm focused on investing in transformational fintech startups and next generation financial services platforms. CIB said the establishment of CVentures reflected its deep and continued commitment towards Egypt’s largely untapped financial services industry, and the importance of fintech as a key driver of […]
Read MoreMoroccan B2B e-commerce startup WaystoCap is busy expanding in the West African region having opened offices in Burkina Faso and Togo to add to its existing operations in Benin. WaystoCap allows African businesses to buy and sell products, helping them to discover products, verify them, obtain financing and insurance, manage their shipments, and ensure payments […]
Read MoreSouth African startup Pineapple has been accepted into the Hartford Insurtech Hub accelerator programme as it prepares to launch its product in the United States (US). Pineapple, which raised funding last year and took part in Google’s Launchpad Africa accelerator earlier this year, is the world’s first insurance network, allowing members to insure things with […]
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