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NopeaRide, Kenya’s first fully electric taxi service, is exiting the market after being unable to raise additional funding to keep it afloat. Kenya’s first fully electric taxi service, NopeaRide, is exiting the market after its parent company EkoRent OY failed to raise additional funding to keep it afloat. NopeaRide... -
Botswana is the first Orange-developed African nation to roll out a 5G network for commercial use. The launch of 5G will strengthen the country’s innovation and digital inclusion. With a 30% population coverage starting on November 11, 2022, Orange Botswana will be the first Orange affiliate in Africa to... -
With the use of mobile technology, Ghana’s Bisa mobile health startup has launched its premium mobile healthcare service with the goal of offering Ghanaians access to high-quality medical treatment. A leading mobile healthcare provider in Ghana, Bisa Health App, has recently launched its premium mobile healthcare service. This new... -
New investment program targets up to 30 underrepresented entrepreneurs in underserved sectors and geographies across Africa. Flourish Ventures, a global venture capital firm investing in mission-driven fintech entrepreneurs, announced the launch of affiliate Madica, a structured investment program for pre-seed-stage technology companies in Africa. Aiming to serve mission-driven and under-represented founders,... -
Fintech continues to be the dominant industry within the ecosystem, with the top investment destinations on the continent being Nigeria, Egypt, South Africa, and Kenya. The thriving African startup market is well-positioned to become a pillar of the continent’s digital economy, fostering local innovation through relevant solutions to societal... -
MEST Africa Challenge has announced the top five finalists going into the final stage of the 2022 MEST Africa Challenge pitch competition. The startups that will compete in the 2022 MEST Africa Challenge pitch competition are Sproutly (Nigeria), Kweli (Senegal), Swoove (Ghana), Hisa (Kenya), and Desert Green Africa (South... -
Kenyan electric vehicle manufacturing company Roam has launched electric buses for public transport. An electric bus aimed at public transportation has been introduced by Roam Electrics, a Kenyan manufacturer of electric vehicles. The 90-passenger Rome Rapid electric bus provides space for both standing and seated travellers and is powered... -
In an effort to concentrate on important areas, Vodafone PLC has reportedly agreed to sell a 70% interest in Vodafone Ghana to Telecel. British telecommunications giant Vodafone has agreed to sell its majority stake in Vodafone Ghana to Africa-focused Telecel Group as it looks to refocus on key markets,... -
With the backdrop of how digital innovation has contributed to significant growth in lower-middle-income (LMIC) economies, we see the increasing adoption of technology in Africa and Ghana in particular. The past three years, though challenging in many ways due to COVID 19, has witnessed exponential growth in startup activity,...
