• african-startups-ecosystem

    African Startups Need An Enabling Ecosystem To Succeed.

    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...
  • M-KOPA Unlocks $600 Million in Credit for Underbanked Customers in Africa.

    The fintech platform M-KOPA, which offers digital credit to customers who are underbanked, has announced the publication of its 2021 Impact Report. By utilizing data to link digital micropayments with the Internet of Things technology, M-KOPA, a fintech platform founded in 2011 that offers connected finance and digital...
  • Roam

    Kenya’s Roam Launches Electric Buses Targeting Public Transport.

    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...
  • The MEST Africa Challenge Is On For 2022.

    Pre-seed to seed stage technology startups in Ghana, Nigeria, Senegal, Kenya, and South Africa are invited to apply to participate. MEST Africa has officially announced the opening of applications for the 2022 MEST Africa Challenge. The Meltwater Entrepreneurial School of Technology (MEST) is an Africa-wide technology entrepreneur training program,...
  • Dash App

    Dash App Ordered to Cease Operation by BoG, after Securing $32.8 Million in Funding.

    Dash, a Ghanaian fintech startup, has been ordered by the Bank of Ghana to cease operations due to unapproved licences. The Bank of Ghana has ordered Ghanaian fintech company Dash to cease operations. The fintech startup has been growing since securing a $32.8 million seed round of funding with...
  • Togo’s Gozem Secures $5 Million Series A Funding For Expansion.

    Gozem, Togo’s leading multi-vertical super app platform, has today announced the completion of a $5 million Series A round. Togo’s leading multi-vertical super app platform, Gozem, has today announced the completion of a $5 million Series A round led by corporate and institutional investors from four continents with expertise...
  • Startup Funding: Andela Announces $200M Investment Led by SoftBank.

    Andela, which helps companies hire remote technology staff, has raised $200 million in new funding led by Softbank with participation from new investor Whale Rock. A global network for remote technical talent, Andela has revealed that it has raised $200 million in Series E funding, valuing the firm at...
  • 31 African startups selected for Smart Cities Innovation Programme

    Thirty-one African digital innovation startups have been chosen to participate in the Smart Cities Innovation Programme taking place in Kigali, Rwanda. Thirty-one African tech startups have been selected to take part in the Smart Cities Innovation Programme, which will help them scale up their products and services to boost...
  • Reselr.com, a reselling platform made easy, debuts operations in Nigeria

    A social commerce platform that connects people to sell, resell and buy products or bookings, Reselr has launched its services in Nigeria. reselr.com is a new online platform that makes it easy to sell anything you have quickly and securely. From one-time individual sales to full-time sales support for businesses...
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