Disrupt-Africa

Disrupt-Africa

@Disrupt-Africa

One-stop-shop for all news, information and commentary pertaining to Africaโ€™s tech startup and investment ecosystem.

Joined March 2023

https://disrupt-africa.com

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Disrupt-Africa
Disrupt-Africa
Feb 28, 2024
AWIEF and Victoriaโ€™s Secret Join Forces to Launch Growth Accelerator in Nigeria ๐Ÿ‡ณ๐Ÿ‡ฌ
๐ŸŒŸ AWIEF and Victoriaโ€™s Secret are championing gender equality and empowering women entrepreneurs with the launch of the Growth Accelerator in Nigeria! ๐Ÿš€๐ŸŒ
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Disrupt-Africa
Disrupt-Africa
Feb 27, 2024
Empowering the Unbanked: FutureLink's Community-Driven Fintech Revolution in Uganda ๐ŸŒ๐Ÿ’ฐ๐Ÿ‡บ๐Ÿ‡ฌ
Unlocking financial inclusivity, Ugandan fintech FutureLink pioneers a community-driven marketplace, providing the unbanked access to tailored and affordable financial services. Born out of a Stanford-led transformation, the MSACCO app enables users to choose, transact, and earn dividends seamlessly, revolutionizing financial cooperatives' approach and democratizing finance. ๐Ÿš€๐Ÿ’ณ
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Disrupt-Africa
Disrupt-Africa
Feb 25, 2024
Charis UAS: Rwandan Drone Startup Monitors Over $1 Billion in Assets and Fights Malaria with Innovative Technology
Discover how Charis UAS, a Rwandan drone startup, is not only monitoring assets worth $1 billion through its proprietary platform but also making significant strides in combating malaria. ๐ŸŒ๐Ÿš
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Disrupt-Africa
Disrupt-Africa
Feb 20, 2024
๐Ÿš€ Jetstream Africa Unveils Jetvision.ai: AI-Powered Platform Revolutionizing Cross-Border Trade in Africa ๐ŸŒ๐Ÿ‡ฌ๐Ÿ‡ญ
Ghana's pioneering e-logistics startup, Jetstream Africa, takes a leap with Jetvision.ai, an innovative AI platform aiming to transform cross-border trade across 14 African countries. ๐ŸŒโœˆ๏ธ Experience streamlined logistics, finance, and trade support services, accelerating business growth and minimizing border-crossing timelines. ๐Ÿšš๐Ÿ’จ
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Disrupt-Africa
Disrupt-Africa
Feb 15, 2024
๐ŸŽถ Mdundo, Africa's Leading Music Platform, Anticipates Unprecedented $1.5M Payout to Artists ๐ŸŒ๐Ÿ’ฐ๐Ÿ‡ฐ๐Ÿ‡ช
Kenyan music distribution startup Mdundo is set to make waves in the music industry, projecting an extraordinary $1.5 million artist payout for the 2023/24 period. With over 156,000 artists from six African countries benefiting, Mdundo's commitment to fair compensation and empowering musicians is making a significant impact. ๐Ÿš€๐ŸŽค
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Disrupt-Africa
Disrupt-Africa
Feb 14, 2024
Empowering Senegalese Women Farmers: UfarmX and Africa GreenTec Join Forces to Tackle Climate Challenges
In a groundbreaking collaboration, Nigerian agri-tech startup UfarmX, known for its blockchain-driven solutions, has partnered with Africa GreenTec to address post-harvest challenges faced by women farmers in Senegal. The innovative pilot program offers subsidised access to solar-powered storage containers, providing a cost-effective and sustainable solution to climate-related issues. Together, UfarmX and Africa GreenTec aim to empower communities and revolutionize Senegal's agricultural landscape.
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Disrupt-Africa
Disrupt-Africa
Feb 13, 2024
Peercarbon: Kenyan Climate-Fintech Pioneering Green Finance for SMEs to Reduce CO2 Emissions ๐ŸŒ๐Ÿ’š
Discover how Peercarbon, founded in 2023, is revolutionizing sustainability in African SMEs. By offering science-based tools to measure CO2 emissions and connecting businesses with green finance, Peercarbon empowers SMEs for a greener future.
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Disrupt-Africa
Disrupt-Africa
Feb 12, 2024
Catalyst Fund Fuels Growth: Backs 6 African Climate-Tech Startups in 4 Months to Foster Resilience ๐ŸŒฑ๐Ÿ’ก
Discover how Catalyst Fund, a pre-seed VC fund and accelerator, is propelling innovation in Africa by investing in six climate-tech startups within the last four months. With a vision to enhance resilience in underserved communities, Catalyst Fund's targeted US$40 million fund, backed by influential investors, is making waves in the climate-tech space. ๐Ÿš€๐ŸŒ
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Disrupt-Africa
Disrupt-Africa
Feb 8, 2024
Unlocking Africa's Potential: Fortรฉ Innovations Revolutionizes Data Solutions in The Gambia ๐Ÿš€๐Ÿ‡ฌ๐Ÿ‡ฒ
Discover how Fortรฉ Innovations, founded in the wake of The Gambia's political shift, is transforming data landscapes in West Africa. From pioneering the Fisheries Information System to empowering sectors like agriculture and human rights, Fortรฉ's local expertise brings timely and accurate data to the heart of development.
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Disrupt-Africa
Disrupt-Africa
Feb 7, 2024
Medstore, Ethiopian E-Health Startup, Expands Services and Launches Medstore Jobs Marketplace ๐Ÿ‡ช๐Ÿ‡น
Discover the latest from Medstore, the Ethiopian digital marketplace for medical equipment. ๐ŸŒ Now introducing paid services and a dedicated talent marketplace, Medstore Jobs, connecting healthcare businesses with the right talent seamlessly.
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Disrupt-Africa
Disrupt-Africa
Feb 6, 2024
Feegor Revolutionizes B2B Commerce in Nigeria, Empowering SMEs to Streamline Product Sourcing ๐Ÿ‡ณ๐Ÿ‡ฌ
Discover how Nigerian startup Feegor is reshaping the B2B wholesale marketplace, offering a game-changing platform for SMEs in Africa. With a focus on small to medium-scale manufacturers and major suppliers, Feegor enables seamless discovery, negotiation, and direct sourcing, addressing critical challenges in Nigeria's fragmented and underserved retail market. Dive into the innovative approach that has attracted 2,500 businesses, marking a significant shift in how SMEs navigate product-sourcing challenges. ๐ŸŒ๐Ÿš€
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Disrupt-Africa
Disrupt-Africa
Feb 6, 2024
Boost and Mastercard Join Forces to Empower Small Businesses in Ghana's FMCG Sector ๐Ÿ‡ฌ๐Ÿ‡ญ ๐Ÿค๐Ÿพ
Ghanaian B2B commerce startup, Boost, and global payments technology giant Mastercard have teamed up to revolutionize the fast-moving consumer goods (FMCG) sector in Africa. This collaboration brings digital payment wallets and embedded supply chain finance to distributors, wholesalers, and retailers, empowering them with essential working capital and advanced payment solutions.
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Disrupt-Africa
Disrupt-Africa
Feb 5, 2024
TausiApp: Revolutionizing Beauty Services in Kenya with AI-Powered Connections ๐ŸŒ๐Ÿ’„
Discover how Kenyan startup TausiApp, founded by musician Amos Kimani, is transforming the beauty industry through its AI-driven platform connecting freelance beauticians with clients. Empowering beauticians, ensuring quality services, and fostering a transparent marketplace, TausiApp stands out in the competitive beauty services landscape. ๐Ÿš€๐Ÿ’‡โ€โ™€๏ธ
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Disrupt-Africa
Disrupt-Africa
Feb 5, 2024
Ghanaian E-Bike Startup Kofa Unveils Next-Gen Battery Swap Network, Transforming Urban Energy Access in West Africa ๐Ÿ‡ฌ๐Ÿ‡ญ ๐Ÿ”‹๐Ÿ๏ธ
Ghana's innovative e-bike startup, Kofa, set to revolutionize urban energy access in West Africa with the launch of its second-generation Kore 2 Swap & Go network. Powered by renewable energy and supported by advanced IoT and AI capabilities, Kofa's system offers affordable, autonomous battery swapping, contributing to substantial customer savings and environmental benefits. Backed by prominent investors, including Shell Foundation and FCDO, Kofa aims to expand its network, delivering over 100,000 swaps monthly and reducing CO2 emissions through electric mobility solutions.
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Disrupt-Africa
Disrupt-Africa
Jan 30, 2024
Senegalese Retail-Tech ProXalys Secures $500K Funding to Boost Digital Transformation
Senegalese startup ProXalys secures $500K funding led by 216 Capital, propelling its ProBoutik initiative to digitally empower informal traders across Senegal and Tunisia. A significant step towards financial inclusion and sustainable economic growth in Africa's evolving retail landscape.
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Disrupt-Africa
Disrupt-Africa
Jan 30, 2024
๐ŸŒฑ Kenyan Agri-Tech Pioneer Apollo Agriculture Secures $10M in Debt Funding to Boost Farmer Prosperity ๐Ÿšœ๐Ÿ’ฐ ๐Ÿ‡ฐ๐Ÿ‡ช
Empowering small-scale farmers with financing, quality inputs, and cutting-edge technology, Apollo Agriculture has raised $10 million in debt funding. The Kenyan startup, using AI and mobile payments, aims to expand its reach, aiding more farmers in adapting to climate change and ensuring sustainable farming practices. ๐ŸŒ๐ŸŒพ
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Disrupt-Africa
Disrupt-Africa
Jan 29, 2024
OfferZen Secures $4.3M Funding, Unveils Business Model Revamp and Leadership Change ๐Ÿ‡ฟ๐Ÿ‡ฆ
South African developer marketplace OfferZen closes a successful $4.3 million funding round from investors, introducing a revamped business model amidst financial challenges faced by tech companies in 2023. The company also witnesses a leadership change as Matt Beck takes over as CEO from co-founder Philip Joubert.
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Disrupt-Africa
Disrupt-Africa
Jan 25, 2024
Egyptian Fintech Zeal Secures $4 Million to Expand Footprint Across MENA Market ๐Ÿ‡ช๐Ÿ‡ฌ
Revolutionizing in-store engagement, Egyptian fintech Zeal, backed by a $4 million funding round led by Raed Ventures and Cur8 Capital, is set to expand its presence across the broader MENA region. Zeal's SmartPOS Plugin, utilizing AI, enhances customer engagement for retailers, making strides in reshaping the global retail landscape.
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Disrupt-Africa
Disrupt-Africa
Jan 25, 2024
Egyptian EdTech Startup Edura Secures Pre-Seed Funding to Revolutionize Online Education ๐ŸŽ“๐Ÿ’ป ๐Ÿ‡ช๐Ÿ‡ฌ
Unlocking the future of education! Edura, the interactive educational platform connecting teachers and students, has successfully raised a pre-seed funding round led by Smart Zone Startups Studio. With over 7,000 lectures delivered in 2023 and serving 190,000 students, Edura aims to reshape online learning by offering innovative services and fostering educational excellence.
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Disrupt-Africa
Disrupt-Africa
Jan 23, 2024
Revolutionizing Second-Home Ownership: Partment's Innovative Co-Ownership Platform ๐Ÿ‡ช๐Ÿ‡ฌ
Explore Partment, Egypt's prop-tech gem founded in 2022, reshaping real estate investment with its "invest and experience" co-ownership model. Discover how fractional ownership, managed by Partment's Smart Booking System, makes dream vacation homes accessible and efficient.
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Disrupt-Africa
Disrupt-Africa
Jan 19, 2024
๐ŸŒ Paymob Breaks Ground as First International Fintech to Secure Full License in Oman ๐Ÿš€๐Ÿ’ณ
In a groundbreaking move, Paymob, the MENAP region's premier financial services enabler, has proudly obtained the Central Bank of Oman's Payment Service Provider (PSP) license. This makes Paymob the pioneer among international fintech companies to achieve full licensing in the Sultanate, marking a significant leap for digital finance in the region.
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Disrupt-Africa
Disrupt-Africa
Jan 19, 2024
๐Ÿš€ Safaricom, M-Pesa, and Sumitomo Launch Spark Accelerator for Kenyan Startups - Igniting Innovation and Growth ๐Ÿ”ฅ๐Ÿ’ก
Join the tech revolution! Safaricom, M-Pesa, and Sumitomo Corporation are on a mission to supercharge Kenyan startups with their Spark Accelerator. This three-month program offers more than just funding, providing a unique blend of mentorship, training, and go-to-market support to catapult early-stage fintech and content ventures into long-term success. Don't miss this opportunity to be part of Africa's next tech breakthrough.
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Disrupt-Africa
Disrupt-Africa
Jan 18, 2024
Rivia Expands Healthcare Revolution: Launches Operations in Ghana ๐Ÿฅ๐Ÿ‡ฌ๐Ÿ‡ญ
Healthcare startup Rivia is set to transform patient experience in Africa, starting with its launch in Ghana. With plans to expand across West and East Africa, Rivia collaborates with clinics, offering comprehensive support in customer acquisition, financing, and technology to elevate patient service quality and expand clientele reach.
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Disrupt-Africa
Disrupt-Africa
Jan 17, 2024
Cameroonian Fintech OnDjoss Eyes Regional Expansion After Hitting 300,000 Downloads ๐Ÿ‡จ๐Ÿ‡ฒ
Cameroonian startup OnDjoss is making waves with its instant messaging app, boasting 300,000 downloads and facilitating seamless mobile money transfers. With plans to integrate banks and expand into Central and West Africa, OnDjoss is now seeking โ‚ฌ870,000 ($950,000) in seed funding to fuel its innovative approach and capture a significant market share.
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Disrupt-Africa
Disrupt-Africa
Jan 16, 2024
๐ŸŒ Kenyan Climate-Tech Trailblazer KOKO Secures Vital Funding Boost from RMB ๐Ÿš€ ๐Ÿ‡ฐ๐Ÿ‡ช
Kenya's innovative climate-tech startup, KOKO, has clinched undisclosed funding from Rand Merchant Bank (RMB). KOKO, known for its groundbreaking bioethanol cooking fuel distributed via a network of high-tech KOKO Fuel ATMs, aims to reduce charcoal dependency in over 1.1 million homes across urban Kenya.
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Disrupt-Africa
Disrupt-Africa
Jan 15, 2024
๐Ÿ‘“ Ivory Coast-based Eyecare Startup Lapaire Secures $3M for Pan-African Expansion ๐Ÿ‡จ๐Ÿ‡ฎ ๐ŸŒ๐Ÿ’ฐ
Discover how Lapaire, the trusted eyecare startup founded in 2018, has raised a whopping $3 million in equity funding led by Investisseurs & Partenaires. With a one-stop-shop approach, Lapaire aims to bring stylish eyeglasses at fair prices to more people across Africa, having already impacted the lives of 180,000 individuals in six countries.
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Disrupt-Africa
Disrupt-Africa
Jan 15, 2024
Kenyan Re-Commerce Startup Badili Secures Seed Funding for East Africa Expansion ๐ŸŒ๐Ÿ“ฑ
Kenyan startup Badili, a leader in the reverse commerce space, has secured seed funding from E3 Capital to fuel its expansion across East Africa. With operations in Kenya, Tanzania, and Uganda, Badili focuses on refurbishing and reintroducing used mobile phones to the market, offering affordable access to top-tier smartphone brands. The funding from E3 Capital aims to accelerate Badili's growth and promote digital innovation while emphasizing environmental sustainability in the re-commerce sector. ๐Ÿš€๐Ÿ’ป
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Disrupt-Africa
Disrupt-Africa
Dec 28, 2023
Empowering Clean Energy: Safi Protocol's Unique Blend of Blockchain and DeFi in Africa ๐Ÿ‡ฐ๐Ÿ‡ช
Discover how Safi Protocol, founded in 2022, leverages blockchain and DeFi to bridge the gap between cryptocurrency investors and clean energy projects in Africa, creating a sustainable and mutually beneficial ecosystem for financial growth.
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Disrupt-Africa
Disrupt-Africa
Dec 27, 2023
Egyptian Fintech Qardy Teams Up with Cashcall to Revolutionize MSME Financing ๐Ÿ‡ช๐Ÿ‡ฌ
Empowering micro, small, and medium enterprises, Egyptian startup Qardy has joined forces with Cashcall to revolutionize the lending landscape. With a goal to become the "Amazon of lending," Qardy aims to streamline the loan application process, cutting waiting times from nine months to approximately 18 days.
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Disrupt-Africa
Disrupt-Africa
Dec 27, 2023
๐Ÿš€ T-Vencubator Launches to Transform Egypt's Tech Landscape ๐Ÿ‡ช๐Ÿ‡ฌ ๐Ÿ’ก
Embarking on a mission to revolutionize Egypt's tech sphere, T-Vencubator emerges as a pioneering VC firm and incubator, dedicated to fostering local innovation and addressing everyday challenges through technology. ๐Ÿ‡ช๐Ÿ‡ฌโœจ
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Disrupt-Africa
Disrupt-Africa
Dec 23, 2023
Seqoon Expands Holiday Home Fractional Ownership Platform to Dubai ๐Ÿ˜๏ธ ๐Ÿ‡ช๐Ÿ‡ฌ ๐Ÿ‡ฆ๐Ÿ‡ช
Egyptian startup Seqoon takes a bold step into the UAE market, launching its fractional ownership model for holiday homes in Dubai. With an innovative approach breaking down affordability barriers, Seqoon allows users to own shares of luxurious vacation properties, making property ownership more accessible and enjoyable. The move into Dubai reflects Seqoon's commitment to revolutionizing holiday home ownership in the region.
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Disrupt-Africa
Disrupt-Africa
Dec 22, 2023
Imaginario AI Secures $1 Million in Pre-Seed Funding to Drive International Expansion ๐Ÿ‡น๐Ÿ‡ณ
Tunisian startup, Imaginario AI, harnesses the power of artificial intelligence to revolutionize video and audio content processing. With a recent $1 million pre-seed funding round led by 216 Capital, the company aims to accelerate its global footprint, providing efficient multimedia solutions for major players like Warner Bros. Discovery and Universal Pictures, saving over 60% in search and creation time.
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Disrupt-Africa
Disrupt-Africa
Dec 21, 2023
Oceansmall's Tech-Driven Revolution: Empowering Ghanaian Fishing Communities with Last-Mile Market Access ๐Ÿ‡ฌ๐Ÿ‡ญ
Dive into the transformative journey of Ghanaian startup Oceansmall as it pioneers a digital platform revolutionizing small-scale fishing communities. Discover how basic technologies and strategic innovations are bridging market gaps, enhancing supply chain efficiency, and ultimately uplifting livelihoods.
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Disrupt-Africa
Disrupt-Africa
Dec 19, 2023
Egyptian Healthtech Chefaa Raises $5.25M to Boost Growth and Expand in Saudi Arabia ๐Ÿ‡ช๐Ÿ‡ฌ ๐Ÿ‡ธ๐Ÿ‡ฆ
Revolutionizing healthcare accessibility, Egyptian startup Chefaa secures $5.25 million in a funding round led by Newtown Partners and Global Brain. With a mission to streamline prescription services, Chefaa connects over one million users to 1,100 pharmacies in Egypt and Saudi Arabia. The investment will accelerate its expansion in Saudi Arabia, where it currently operates in eight cities.
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Disrupt-Africa
Disrupt-Africa
Dec 18, 2023
Kenyaโ€™s BlackRhino VR Unveils Revolutionary AR Platform, MediAR, Empowering African Content Creators ๐Ÿ‡ฐ๐Ÿ‡ช
Unlocking the potential of Africa's creative sector, BlackRhino VR launches MediAR, an innovative AR platform enabling content creators to easily build and publish immersive experiences. The user-friendly platform aims to empower the continent's youth, fostering innovation, job creation, and socio-economic growth. ๐ŸŒโœจ
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Disrupt-Africa
Disrupt-Africa
Dec 18, 2023
Navigating the Funding Winter: African Startups Facing Challenges in 2023 ๐Ÿ“‰๐Ÿšซ
Explore the impact of the funding winter on African startups as some close their doors, while others like Copia, MarketForce, Twiga Foods, and Paystack adapt strategies to weather the storm. ๐ŸŒ๐Ÿ’ผ
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Disrupt-Africa
Disrupt-Africa
Dec 15, 2023
E4E Africa Secures First Close of $30 Million Fund II, Aiming for High-Impact Ventures in Sub-Saharan Africa
South African venture capital firm E4E Africa has achieved the first close of its E4E Africa Fund II, totaling $30 million. The fund, launched in 2020, focuses on key sectors like fintech, education, job tech, e-health, and energy solutions. Already making strides, it has invested in companies like Kwara, TUNL, and a disruptive player in Kenya's embedded finance landscape.
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Disrupt-Africa
Disrupt-Africa
Dec 14, 2023
Sibling Power: WayUp Sports Dominates the Egyptian Sports E-commerce Scene, Eyes Regional Expansion ๐Ÿ‡ช๐Ÿ‡ฌ
Meet WayUp Sports, the dynamic Egyptian sports e-commerce platform founded by three athletic siblings, Omar, Mohamed, and Basma Afif. Backed by 35 years of family expertise, WayUp offers a one-stop-shop for performance-based sportswear, featuring 70+ local and international brands. After rapid growth and a recent funding round, the startup sets its sights on regional expansion, aiming to revolutionize the sports gear retail space.
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Disrupt-Africa
Disrupt-Africa
Dec 13, 2023
๐ŸŒ Revolutionizing Healthcare: Nigeria's Primed E-Health Transforms Hospitals with Innovative SaaS Solution! ๐Ÿ‡ณ๐Ÿ‡ฌ
Discover how Primed E-Health, a Nigerian startup founded by Dr Are Abdulhafiz and Esther Anammah, is reshaping healthcare in Africa. Through its cutting-edge Smartclinic system, the company is digitizing hospitals, enhancing patient management, and achieving remarkable health outcomes. ๐Ÿš€๐ŸŒ
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Disrupt-Africa
Disrupt-Africa
Dec 11, 2023
๐ŸŒพ Munakyalo Agrofresh: Revolutionizing Agriculture in Uganda with Solar-Powered Cold Storage ๐ŸŒž๐Ÿšœ ๐Ÿ‡บ๐Ÿ‡ฌ
Discover how Ugandan startup Munakyalo Agrofresh is combating post-harvest losses among smallholder farmers. Using solar-powered Cold Hives, they extend the shelf life of produce, addressing both inefficiencies in supply chains and the financial constraints of farmers. ๐Ÿ…๐ŸŒ
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Disrupt-Africa
Disrupt-Africa
Dec 6, 2023
Revolutionizing Logistics: Messenger Empowers Nigerian Gig Workers with Innovative Asset Financing ๐Ÿ‡ณ๐Ÿ‡ฌ
Discover how Nigerian startup Messenger is reshaping the logistics landscape by providing gig workers and logistics operators with crucial asset financing and credits, unlocking opportunities for economic empowerment in the last-mile delivery sector.
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Disrupt-Africa
Disrupt-Africa
Dec 5, 2023
Lipa Later Acquires Sky.Garden for $1.6M, Launching a Revamped E-commerce Ecosystem in Kenya ๐Ÿค๐Ÿฝ
Kenyan fintech startup, Lipa Later, acquires Sky.Garden for $1.6 million, unveiling a rebranded e-commerce ecosystem with innovative features. The move aims to empower businesses and customers, transforming the conventional online retail landscape. ๐Ÿš€๐Ÿ’ณ
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Disrupt-Africa
Disrupt-Africa
Dec 4, 2023
Cynoia Secures $930K Funding for West African Expansion, Targets Senegal and Ivory Coast
Tunisian startup Cynoia, specializing in team collaboration solutions, has raised $930,000 in funding, propelling its expansion into the West African Economic and Monetary Union. With a comprehensive suite of collaboration tools, Cynoia plans to enhance productivity and streamline teamwork.
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Disrupt-Africa
Disrupt-Africa
Nov 30, 2023
Stitch Revolutionizes Payments in South Africa with "Pay with Crypto" Feature ๐Ÿ‡ฟ๐Ÿ‡ฆ
๐ŸŒ Unlocking a new era in South African payments! Stitch, with its recent $25 million Series A extension, introduces "Pay with Crypto" functionality, allowing businesses to tap into the crypto-savvy audience without worrying about volatility. ๐Ÿ’ธ๐Ÿš€ Explore how this innovative move aligns with the booming cryptocurrency adoption in the region.
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Disrupt-Africa
Disrupt-Africa
Nov 29, 2023
EchoVC Launches $2.5M Pre-Seed Climate-Focused Fund, Driving Innovation in Agriculture, Climate, and Energy
EchoVC, the Pan-African venture capital firm with a mission to support underrepresented founders, unveils the EchoVC Eco Pilot Fund I. This $2.5 million pre-seed fund is strategically designed to fuel innovation in climate, energy, agriculture, and mobility, addressing critical funding gaps and fostering early-stage enterprise development. Join EchoVC on its mission to make a lasting impact on the growth and development of transformative solutions.
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Disrupt-Africa
Disrupt-Africa
Nov 28, 2023
Tanzania Business Angel Investors Accelerator (TAA) Launched to Fuel Startup Growth ๐Ÿ‡น๐Ÿ‡ฟ
Unlocking the potential of Tanzania's vibrant startup ecosystem! ๐Ÿš€ The Serengeti Business Angels Network (SBAN), Ennovate Ventures, and UNCDF Tanzania join forces to launch the Tanzania Business Angel Investors Accelerator (TAA), aiming to train and empower 50 new angel investors. Get ready for a revolution in tech investment for Tanzania's startups!
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Disrupt-Africa
Disrupt-Africa
Nov 27, 2023
Tunisian Retail-Tech Winshot Secures Six-Figure Funding to Revolutionize Customer Experience ๐Ÿ‡น๐Ÿ‡ณ
Tunisian startup Winshot, focusing on enhancing retail operations, secures a substantial six-figure funding round led by 216 Capital. With a mission to boost internal collaboration and real-time monitoring in retail distribution, Winshot plans to expand its market presence in France and Tunisia, promising a transformative impact on customer experience. ๐Ÿ›๏ธ๐Ÿ’ก
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Disrupt-Africa
Nov 23, 2023
Kenyan Fish Farming Startup Aquarech Secures $1.7M Funding to Transform Small-Scale Aquaculture ๐Ÿ  ๐Ÿ‡ฐ๐Ÿ‡ช
Making waves in Kenya's aquaculture sector, Aquarech, a fish farming startup, has secured $1.7 million in equity funding. Led by global aquaculture investment fund Aqua-Spark and supported by Acumen, Katapult, and Mercy Corps Ventures, Aquarech's mission is to empower small-scale farmers through its innovative mobile app platform, offering quality feed, training, and market access.
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Disrupt-Africa
Nov 22, 2023
Kenyaโ€™s Ed Partners Secures $10M DFC Loan Guarantee to Boost Access to Affordable Education ๐Ÿ“š ๐Ÿ‡ฐ๐Ÿ‡ช
Ed Partners Africa, a leading non-banking financial institution, secures a $10 million loan guarantee from the US Development Finance Corporation (DFC) to enhance access to affordable education in Kenya. The commitment aims to support crucial aspects such as infrastructure, technology, and transportation for over 100,000 students in 350 schools, aligning with DFCโ€™s mission to increase quality education access.
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Disrupt-Africa
Nov 22, 2023
South Africaโ€™s Payment24 Boosts European Presence with Acquisition of Swiss Firm Inergy 24 ๐Ÿ‡ฟ๐Ÿ‡ฆ ๐ŸŒ๐Ÿ’ณ
Payment24, a global payment platform from South Africa, is making waves in Europe with its acquisition of Swiss company Inergy 24. The move aims to provide cutting-edge payment, fleet management, loyalty, and EV solutions across the continent. ๐Ÿš€๐Ÿ’ฐ
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Disrupt-Africa
Nov 21, 2023
Ethiopian Talent Marketplace Afriwork Surpasses 300,000 Users, Boosting 50,000 SMEs and Eyes East African Expansion ๐Ÿ‡ช๐Ÿ‡น ๐Ÿš€๐ŸŒ
Ethiopian talent marketplace Afriwork has onboarded 300,000 users, is helping 50,000 SMEs find and hire talent, and is setting its sights on East African expansion.
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Disrupt-Africa
Nov 15, 2023
South Africa's Pineapple Raises $21.3M in Series B to Revolutionize Insurance ๐Ÿš€ ๐Ÿ‡ฟ๐Ÿ‡ฆ
Discover how insurtech pioneer Pineapple secures a game-changing $21.3 million in Series B funding! ๐Ÿš€๐Ÿ Embracing innovative tech and AI, Pineapple aims to redefine the insurance landscape, offering cost-effective solutions to all South Africans. ๐ŸŒ๐Ÿค–
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Disrupt-Africa
Disrupt-Africa
Nov 15, 2023
Egyptian Ed-Tech Startup Akhdar Secures Six-Figure Funding to Drive Expansion in Saudi Arabia ๐Ÿ‡ช๐Ÿ‡ฌ ๐Ÿ‡ธ๐Ÿ‡ฆ
Exciting news in the ed-tech realm! Akhdar, the Egyptian educational technology startup, has successfully secured a substantial six-figure funding round led by Saudi Arabia-based Value Maker Studio. With a user base spanning 174 countries, Akhdar is set to amplify its impact, enhance technology, and address learning challenges, particularly in the vibrant market of Saudi Arabia. ๐Ÿš€๐Ÿ“š
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Disrupt-Africa
Disrupt-Africa
Nov 14, 2023
UfarmX Expands to Senegal, Harnessing Blockchain to Revolutionize African Agriculture ๐Ÿ‡ณ๐Ÿ‡ฌ ๐Ÿ‡ธ๐Ÿ‡ณ
Nigerian agri-tech startup UfarmX, which leverages blockchain technology to empower rural, unbanked and underserved smallholder farmers, has expanded to Senegal as it aims to reshape perceptions about agriculture, positioning it as an appealing, contemporary, and profitable career option for the younger generation.
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Disrupt-Africa
Nov 13, 2023
Choosing the Right Funding Model: A Crucial Decision for African Entrepreneurs
Discovering the ideal funding model is a pivotal challenge for African entrepreneurs, and navigating the landscape of debt and equity financing requires strategic decision-making. From senior debt finance to mezzanine finance, entrepreneurs must tailor their choices based on capital needs, risk tolerance, and ownership preferences. Learn how to avoid over-dilution and debt pitfalls while optimizing funding for business growth.
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Disrupt-Africa
Nov 10, 2023
๐ŸŒฟ Fez Delivery Takes a Green Stride: Launches "FEZ ECO" Electric Bikes for Last-Mile Delivery ๐Ÿšฒ
Nigeria's Fez Delivery is ushering in a cleaner era in goods transportation with the launch of "FEZ ECO," an innovative line of electric bikes. This move showcases their commitment to sustainability, providing businesses an eco-friendly and cost-effective solution for last-mile deliveries. ๐ŸŒ๐Ÿ”Œ
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Disrupt-Africa
Nov 9, 2023
Egyptian SaaS E-commerce Startup, Awfar, Secures Funding for Expansion in Saudi Arabia ๐Ÿ‡ช๐Ÿ‡ฌ ๐Ÿ‡ธ๐Ÿ‡ฆ
Egyptian SaaS e-commerce startup Awfar has secured six-figure US dollar funding from Saudi Arabia-based venture studio Value Maker Studio (VMS) to expand its presence in the latter country.
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Disrupt-Africa
Nov 8, 2023
Boosting Business Payments: Babimo's QR Code Solution for Small Enterprises in Ivory Coast ๐Ÿ‡จ๐Ÿ‡ฎ
Ivory Coast-based startup Babimo is helping small businesses overcome payment challenges by allowing them to receive customer payments via QR code.
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Disrupt-Africa
Nov 8, 2023
SAโ€™s Minit Money Opens Remittance Corridor to Help Zambians Send Money Home ๐Ÿ‡ฟ๐Ÿ‡ฒ
South African blockchain remittance app Minit Money has opened its first Southern Africa remittance corridor, enabling Zambians living in South Africa to easily and affordably send money home.
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Disrupt-Africa
Nov 7, 2023
JOBJACK Raises $2.5 Million to Tackle Unemployment in South Africa ๐Ÿ‡ฟ๐Ÿ‡ฆ
South African recruitment startup JOBJACK has raised ZAR45 million (US$2.5 million) in pre-Series A funding to help it change the narrative of entry-level recruitment in the country.
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Disrupt-Africa
Nov 6, 2023
Egyptโ€™s MNT-Halan Raises $130M Securitisation to Take 2023 Funding to Over $400M, Attains Unicorn Status ๐Ÿ‡ช๐Ÿ‡ฌ
MNT-Halan, Egyptโ€™s first unicorn and fastest-growing fintech startup, has raised a US$130 million securitisation, one of five tranches of securitised bond issuances this year that have so far banked it over US$400 million.
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Disrupt-Africa
Nov 3, 2023
Ghanaโ€™s Hurupay Revolutionizes African Payments with Stablecoin-Based Platform ๐Ÿ‡ฌ๐Ÿ‡ญ
Ghanaian startup Hurupay is helping businesses and individuals across Africa overcome the negative impacts of fluctuating local currencies by allowing them to make and receive stablecoin-based payments.
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Disrupt-Africa
Nov 3, 2023
Inclusivity Solutions, South African Insurtech, Raises $1.5M in Series A Extension for Pan-African Expansion ๐Ÿ‡ฟ๐Ÿ‡ฆ
South African insurtech startup Inclusivity Solutions has raised a US$1.5 million Series A extension round to support its pan-African expansion plans.
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Disrupt-Africa
Nov 3, 2023
๐Ÿš€ Tunisian Fintech My Easy Transfer Secures $420k Funding to Expand Services ๐Ÿ‡น๐Ÿ‡ณ
Tunisian fintech startup, My Easy Transfer, has successfully raised EUR 400,000 (US$420,000) in funding to drive its expansion and enhance its services. Founded in March 2022 by Ismaรฏl and Jabrane Khenissi, the platform has already served 10,000 customers.
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Disrupt-Africa
Oct 31, 2023
๐Ÿ“‰ The Struggle in Africa's Startup Ecosystem ๐ŸŒ
Venture capital funding has declined significantly across the world in 2023, and though there were initial hopes that the nascency of the African tech ecosystem might mean it avoided too much damage, the growing size of the continentโ€™s โ€œstartup graveyardโ€ suggests that is not the case.
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Disrupt-Africa
Oct 30, 2023
Somalian Incubator SIMAD iLab Expands to Support Local Entrepreneurs ๐Ÿ‡ธ๐Ÿ‡ด
Somalian incubator SIMAD iLab has undergone an upgrade and expanded its offering after making a serious impact on the local startup ecosystem in the five years since its launch.
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Disrupt-Africa
Oct 27, 2023
Ghana's Blu Penguin: The "Square for Africa"! ๐Ÿ‡ฌ๐Ÿ‡ญ
Describing itself as the โ€œSquare for Africaโ€, in reference to Twitter founder Jack Dorseyโ€™s renowned payments platform, Ghanaian startup Blu Penguin provides an in-store PoS system for merchants so they can accept money from all channels on a single app.
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Disrupt-Africa
Oct 26, 2023
AAIC Investment Bolsters Africa Healthcare Fund with $87 Million Backing
AAIC Investment has announced new backing for its Africa Healthcare Fund 2 (AHF2), taking the total size of its two funds to US$87 million.
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Disrupt-Africa
Oct 25, 2023
Ghanaian Startup Kofa Partners with Chinese EV Manufacturer for E-Bikes with Battery Swap Technology ๐Ÿ‡ฌ๐Ÿ‡ญ ๐Ÿค๐Ÿผ
Ghanaian startup Kofa, a forerunner in battery network solutions, has partnered TAILG Group, a leading electric vehicle brand from China, to launch the Jidi electric motorcycle, equipped with an innovative battery swap technology.
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Disrupt-Africa
Oct 24, 2023
Ghana's PAL Empowers Francophone Africa with Innovative Payment Infrastructure ๐Ÿ‡ฌ๐Ÿ‡ญ
Ghanaian startup PAL is an e-money payment infrastructure and liquidity provider acting as an off-ramp for global enterprises and African businesses wanting to innovate cost-effectively within the Francophone Africa market.
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Disrupt-Africa
Oct 24, 2023
VALR and Visa Partner to Issue Payment Cards and Advance Digital Payments in South Africa ๐Ÿค๐Ÿป ๐Ÿ‡ฟ๐Ÿ‡ฆ
VALR, the largest South African crypto exchange by trading volume, and Visa, the worldโ€™s largest card network, have announced a strategic partnership for the issuance of Visa cards and delivery of other digital payment solutions.
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Disrupt-Africa
Oct 23, 2023
Kenyan and Rwandan Startups Invited to Join Smart Cities Innovation Programme (SCIP)! ๐Ÿ‡ฐ๐Ÿ‡ช ๐Ÿ‡ท๐Ÿ‡ผ
Kenyan and Rwandan startups are invited to apply for the Smart Cities Innovation Programme (SCIP) aimed at quickly scaling solutions shaping the future of urban living in Africa.
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Disrupt-Africa
Oct 23, 2023
Crafty Workshop, Egyptian Ed-Tech Startup, Raises $400K Seed Funding to Expand Creative Learning ๐Ÿ‡ช๐Ÿ‡ฌ
Egyptian ed-tech startup Crafty Workshop has secured US$400,000 in a seed funding round led by EdVentures, which it will use help expand its product offering and expand regionally.
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Disrupt-Africa
Oct 17, 2023
Nigerian Crypto Startup Coinazer Expands to Brazil, Surpasses 5,000 Customers ๐Ÿ‡ณ๐Ÿ‡ฌ ๐Ÿ‡ง๐Ÿ‡ท
Nigerian crypto startup Coinazer has already clocked 5,000 customers, facilitated over US$3.8 million worth of transactions, and expanded to Brazil, with further expansion planned.
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Disrupt-Africa
Oct 16, 2023
iiDENTIFii Expands to Zambia in Partnership with Zanaco ๐Ÿ‡ฟ๐Ÿ‡ฒ
Cape Town-based digital identity startup iiDENTIFii has partnered Zambian bank Zanaco to roll out its identity solution to Zambian consumers and citizens.
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Disrupt-Africa
Oct 13, 2023
Revio Revolutionizes Payment Failures in Africa with $5.2 Million Seed Funding ๐Ÿ‡ฟ๐Ÿ‡ฆ
South Africaโ€™s Revio, a payment orchestration platform that helps merchants optimise their order to cash lifecycle, is making waves in addressing payment failures across Africa, and is planning major expansion after banking US$5.2 million seed funding.
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Disrupt-Africa
Oct 12, 2023
Egyptian Startup Roboost Partners with McDonald's Egypt to Boost Delivery Efficiency ๐Ÿค๐Ÿป ๐Ÿ”๐Ÿš€ ๐Ÿ‡ช๐Ÿ‡ฌ
Egyptian delivery management startup Roboost has partnered McDonaldโ€™s Egypt to help the fast food company automate its last-mile delivery cycle, optimising operations before delivery starts and reducing manual actions.
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Disrupt-Africa
Oct 12, 2023
South African AI Customer Service Startup, Cue, Secures $500K to Revolutionize Support ๐Ÿš€ ๐Ÿ‡ฟ๐Ÿ‡ฆ
South African startup Cue, a frontrunner in AI-driven customer service solutions, has raised US$500,000 in funding to enhance its mission of improving customer service by harnessing the potential of cutting-edge large language models (LLM).
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Disrupt-Africa
Oct 11, 2023
Egyptian Insurtech Amenli Raises $1 Million to Fuel Expansion and Innovation ๐Ÿ‡ช๐Ÿ‡ฌ
Egyptian insurtech startup Amenli has closed a US$1 million equity funding round to help it expand its team, further build its product and grow its brand.
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Disrupt-Africa
Oct 11, 2023
IFC Invests $50 Million in New LeapFrog Fund to Boost Health and Financial Services Businesses in Africa and Asia
IFC has made a US$50 million equity investment in a new fund by LeapFrog Investments, one of the largest private equity groups dedicated to impact investing in emerging markets, to improve fast-growing health and financial services firmsโ€™ access to growth capital and support job creation in Africa, South Asia, and Southeast Asia.
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Disrupt-Africa
Oct 10, 2023
Sanari Capital Raises $65 Million in Second Close of Growth Fund ๐Ÿ‡ฟ๐Ÿ‡ฆ
Sanari Capital, a women-led and majority Black- and women-owned South African private equity firm, has raised ZAR1.25 billion (US$65 million) in the second close of its growth fund, which aims to fuel employment opportunities and foster economic growth across Africa.
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Disrupt-Africa
Oct 9, 2023
Senegalese FMCG Intelligence Startup Lengo AI Secures Pre-Seed Funding for Expansion ๐Ÿ‡ธ๐Ÿ‡ณ
Senegalese FMCG intelligence startup Lengo AI has raised a seven-figure pre-seed round of funding to help it develop its product and team, and expand into new African markets.
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Disrupt-Africa
Disrupt-Africa
Oct 9, 2023
SAIS Investment Readiness Programme: Empowering African Food and Agri-tech Startups for Growth
Tech startups working to transform the agriculture and food tech industry in Africa are invited to apply for the SAIS Investment Readiness Programme to help them scale.
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Disrupt-Africa
Oct 6, 2023
Egyptian deeptech startup Intella secures $3.4 million in pre-Series A funding! ๐Ÿ‡ช๐Ÿ‡ฌ
Egyptian deeptech startup Intella has closed a US$3.4 million pre-Series A funding round to fuel its expansion into the Saudi market and support the development of end-to-end AI models localised for the MENA region.
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Disrupt-Africa
Disrupt-Africa
Oct 6, 2023
Why Local Capital is Crucial for Thriving Venture Capital Ecosystems
For the latest episode of Disrupt Podcastโ€™s โ€œThe month in VCโ€ series, produced in partnership with Katapult Africa, Kalon Venture Partners, Hlayisani Capital, and ARM Labs Lagos Techstars Accelerator we discussed the importance of local capital, especially institutional capital, when it comes to building a successful tech startup ecosystem with Mathew Palin, partner at South African VC firm Hlayisani Capital.
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Disrupt-Africa
Oct 5, 2023
Nigerian Renewable Energy Firm, WATT, Secures $13M Funding to Expand Clean Energy Solutions
Nigerian company WATT Renewable Corporation (WATT), an independently-owned provider of hybrid solar solutions, has secured US$13 million in funding to catalyse its efforts in advancing renewable energy solutions and fortify its position as a leading provider of clean energy in Nigeria.
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Disrupt-Africa
Oct 5, 2023
Tanzanian Fintech Startup Bizzyn Expands to Kenya and Malawi, Aims for Further African Growth ๐Ÿ‡น๐Ÿ‡ฟ โฉ ๐Ÿ‡ฐ๐Ÿ‡ช ๐Ÿ‡ฒ๐Ÿ‡ผ
Tanzanian startup Bizzyn, a cloud-based financial management software designed specifically for small and medium-sized businesses (SMBs) in Africa, is already operating in Kenya and Malawi as it plans further expansion across the continent.
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Disrupt-Africa
Oct 4, 2023
GitHub Founder Backs Egyptian Fintech Startup MoneyHash in Upcoming Seed Round ๐Ÿ‡ช๐Ÿ‡ฌ
Egyptian fintech startup MoneyHash has raised funding from GitHub founder Tom Preston-Werner as part of a soon-to-be-announced seed round. Founded in late 2020 by Nader Abdelrazik, Mustafa Eid and Anisha Sekar, MoneyHash provides a unified checkout experience built on top of a secure super-API that aggregates payment and fintech solutions through a single integration, as well as a central dashboard consolidating technical infrastructure and centralising data and operational reporting.
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Disrupt-Africa
Oct 3, 2023
Nigerian Startup KoinWa Launches EduBlok, a Web3 Education Platform ๐Ÿ‡ณ๐Ÿ‡ฌ
Nigerian cryptocurrency startup KoinWa has launched web3 education platform EduBlok in a bid to empower university and college students with relevant skills. KoinWa, which allows users to buy and sell cryptocurrencies, was in June one of 25 African fintech startups selected for the inaugural Amazon Web Services (AWS) FinTech Africa Accelerator cohort.
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Disrupt-Africa
Oct 2, 2023
African Tech Startups Face Funding Decline of 48% in Q3 2023 Amid Global Capital Crunch
African tech startups raised US$492,418,000 in Q3 2023, taking the total for the first nine months of the year to US$1.4 billion, down 48 per cent on the corresponding period in 2022 as the global capital crunch continues to impact the continentโ€™s startup sector.
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Disrupt-Africa
Sep 27, 2023
Kua Ventures Invests Over $1 Million in 20 Kenyan SMEs to Drive Impact ๐Ÿ‡ฐ๐Ÿ‡ช
Kenya-based impact investment firm Kua Ventures has invested more than US$1 million into the growth of 20 small and medium enterprises (SMEs) in the country. Formed in 2020, Kua Ventures started out providing much-needed capital, coaching and community support for SMEs to survive the economic downturn prompted by COVID-19 and the resultant lockdowns.
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Disrupt-Africa
Sep 26, 2023
eBiashara: Empowering Digital Transformation Across Sectors in Kenya and Beyond ๐Ÿ‡ฐ๐Ÿ‡ช
Kenyan startup eBiashara is an ICT enterprise solutions provider that offers cutting edge turnkey services that power digital transformation across diverse sectors. eBiashara began life in 2014, introducing a supply chain finance platform before later expanding to offer cloud computing, e-commerce, cyber security, business intelligence and analytics solutions, among others.
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Disrupt-Africa
Disrupt-Africa
Sep 22, 2023
Slow Shift Away from Payments and Lending in African Fintech Space ๐Ÿ“ˆ
There is a slow process of diversification away from payments and lending solutions within Africaโ€™s fintech space, but the two verticals remain by far the most populated and best funded. Disrupt Africaโ€™s Finnovating for Africa publication, released every two years since June 2017, tracks the extraordinary development of the fintech ecosystem across Africa.
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Disrupt-Africa
Sep 19, 2023
Egyptian Home Dรฉcor Startup ariika Secures Series A Funding, Targets MENA Expansion ๐Ÿ‡ช๐Ÿ‡ฌ
Egyptian direct-to-consumer, digital-led home and dรฉcor brand ariika has raised a Series A equity funding round from Beltone Venture Capital, a subsidiary of Beltone Financial Holding, which has taken a 20 per cent stake in the company.
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Disrupt-Africa
Sep 18, 2023
Zambian Neobank Lupiya Raises $8.25M in Series A Funding to Expand Financial Inclusion ๐Ÿ‡ฟ๐Ÿ‡ฒ
Zambian neobank Lupiya has successfully secured US$8.25 million in Series A funding to scale operations in its home market and in new ones. Founded in 2016, Lupiya works to bridge the financial inclusion gap by offering easy-to-use, technology-driven financial solutions to the unbanked and underbanked populations in Zambia.
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Disrupt-Africa
Disrupt-Africa
Sep 14, 2023
African E-Health Startups: Unlocking Potential with Support โš•๏ธ โค๏ธ
African e-health startups are addressing huge problems that negatively impact healthcare outcomes across the continent. But they need more support from investors and governments to help them succeed in fulfilling their potential.
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Disrupt-Africa
Disrupt-Africa
Sep 14, 2023
Qardy Partners with Sandah to Provide MSMEs Access to Financing in Egypt ๐Ÿค๐Ÿ‡ช๐Ÿ‡ฌ
Egyptian startup Qardy, a marketplace and aggregator for debt financing, has partnered microfinance company Sandah to give MSEMs access to the necessary tools and resources. Founded in July 2022, Qardy facilitates loans for MSMEs, with founder Abdel Aziz Abdel Nabi saying the startupโ€™s goal was to be the โ€œAmazon of lendingโ€.
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Disrupt-Africa
Sep 13, 2023
IAPrecision: Revolutionizing Nigerian Agriculture with Drone Technology and Data
IAPrecision is a first-of-its-kind agricultural industry-focused drone technology and data analytics service enterprise in Nigeria. The startup, founded in 2021, provides farmers with aerial intelligence and actions that empower them to undertake smart and precision-driven agriculture leveraging drone technology and the power of data they generate.
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Disrupt-Africa
Sep 12, 2023
Egyptian Fintech Yalla Expanding to Saudi Arabia with Major Agreements ๐Ÿ‡ช๐Ÿ‡ฌ ๐Ÿ‡ธ๐Ÿ‡ฆ
Egyptian fintech startup Yalla has signed several agreements with major financial companies and institutions that will see it expand operations into Saudi Arabia. Yalla is a financial super app for all daily financial and non-financial needs, which allows users to send and receive money, pay merchants online and offline, and place orders.
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Disrupt-Africa
Disrupt-Africa
Sep 12, 2023
Nigeria Takes the Lead as Africa's Fintech Powerhouse ๐Ÿš€ ๐Ÿ‡ณ๐Ÿ‡ฌ
Nigeria has overtaken South Africa to become the most-populated fintech space on the continent, having already established itself as the most attractive fintech investment destination. Disrupt Africaโ€™s Finnovating for Africa publication, released every two years since June 2017, tracks the extraordinary development of the fintech ecosystem across Africa.
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Disrupt-Africa
Disrupt-Africa
Sep 11, 2023
Octavia Carbon: Pioneering Direct Air Capture for Climate Change Reversal in Africa ๐Ÿ‡ฐ๐Ÿ‡ช
Kenyan startup Octavia Carbon is the Global Southโ€™s first direct air capture (DAC) company, designing, building, and soon deploying machines that directly capture CO2 from the atmosphere. Founded in March 2022, aimed at โ€œreversing climate changeโ€, Octavia Carbon is leveraging Kenyaโ€™s renewable energy, geology, and talent to deploy and scale DAC at a low cost.
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Disrupt-Africa
Sep 8, 2023
Itot Africa's Online Learning Services: Bridging the Digital Skills Gap in Africa ๐Ÿ‡จ๐Ÿ‡ฉ
DRC-based startup Itot Africa is on a mission to bridge the digital skills gap in Africa. Established in 2017, the ed-tech company provides tailored digital content, coding, programming, training, and e-learning services to businesses, SMEs, and entrepreneurs across Africa and the United States. Itot Africa's flagship product, Okademy, is an online learning and career tracking platform. The company also supports its clients' digitization efforts by creating tech solutions through its network of trained students.
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Disrupt-Africa
Sep 7, 2023
Egyptian Health Insurtech Sehatech Raises $850k to Revolutionize Healthcare Automation ๐Ÿ‡ช๐Ÿ‡ฌ
Egypt-based health insurtech Sehatech has raised a US$850,000 round of funding to help it grow its team and further develop its product. Founded in 2022 by Mostafa Tarek, Mohamed Elshabrawy and Omar Shawky, Sehatech aims to automate medical approvals, claims processing and the billing cycle, saving insurersโ€™ time and expenses while preventing fraudulent practices.
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Disrupt-Africa
Sep 7, 2023
African Fintech Sees Surge in Acquisitions: 26 Deals in Two Years
The African fintech sector has experienced a remarkable surge in acquisitions, with 26 startup acquisitions recorded between June 2021 and July 2023. This figure marks a significant 271% increase compared to the seven acquisitions in the preceding two-year period.
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Disrupt-Africa
Sep 4, 2023
How Kenyaโ€™s Mosmos is helping users pay for goods in flexible installments ๐Ÿ‡ฐ๐Ÿ‡ช
Kenyan save-to-buy platform Mosmos is allowing customers to pay for high value products and services in convenient and flexible installments, as they earn rewards and unlock discounts. Formed to bridge the affordability gap for high value products and services, and make savings targeted and achievable, Mosmos enables customers to save for items they want to purchase, interest-free.
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Disrupt-Africa
Sep 1, 2023
Cameroonian cashback app Koree plans expansion across Francophone Africa ๐Ÿ‡จ๐Ÿ‡ฒ
Cameroonian startup Koree, a consumer app that acts as a digital wallet for loyalty cards, is planning to expand across Francophone Africa with the help of matching funding from Catalytic Africa. Founded in September 2022, Koree allows consumers to digitally collect their spare change from cash retail payment roundups, and earn cashback from stores and brands across multiple categories.
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Disrupt-Africa
Aug 31, 2023
How Nigerian real estate investment platform helps users become landlords in minutes ๐Ÿ‡ณ๐Ÿ‡ฌ
Nigerian real estate investment startup Cribstock is helping users become landlords in minutes by purchasing shares of properties that can then earn rent every month from Lagos tenants. Launched in 2021, Cribstock helps allows users to own fractions of properties, and earn a share of rent from tenants. โ€œThink of this as a platform micro-investors use to crowdfund real estate to earn from it,โ€ CEO Harold Nno told Disrupt Africa.
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Disrupt-Africa
Aug 30, 2023
Nigerian logistics startup Kwik launches e-commerce fulfillment service
Nigerian logistics startup Kwik has launched on-demand e-commerce fulfillment service KwikShelf, its first fulfillment centre at Iddo House, Lagos. Disrupt Africa reported in July 2019 on the launch of Kwik โ€“ a digital platform connecting delivery partners and corporate customers in large African cities and offering digital solutions for e-commerce payment and fulfilment โ€“ after the startup raised seed funding, and it saw speedy uptake.
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Disrupt-Africa
Aug 29, 2023
How SAโ€™s FinMeUp is bridging gap between financial education and execution
South African personal finance companion FinMeUp is bridging the gap between financial education and executions through its community-based platform of almost 100,000 users. Founded in 2020, FinMeUp offers a comprehensive range of solutions including an education platform, financial advisory, investments, insurance, and credit solutions. As a community-based platform, the startup is dedicated to fostering a collaborative environment where individuals can learn, engage, and grow together. It boasts over 80,000 community members and over 15,000 app users.
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Disrupt-Africa
Aug 28, 2023
Egyptโ€™s Glamera obtains fintech license to expand in Saudi Arabia ๐Ÿ‡ช๐Ÿ‡ฌ ๐Ÿ‡ธ๐Ÿ‡ฆ
Egyptian beauty services booking platform Glamera has successfully obtained the fintech license โ€œSoftPOSโ€ from Saudi Payments, the major payment system in Saudi Arabia, established by Ministry of Finance under the supervision of Saudi Central Bank, which it says will โ€œunlock new horizons of growth and deliver an unparalleled customer experienceโ€ in the Saudi market.
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Disrupt-Africa
Aug 24, 2023
Number of active African fintech ventures jumps 17.7% in 2 years
Africaโ€™s fintech startup ecosystem is continuing on its growth trajectory, with the number of startups operating in the space increasing by 17.7 per cent to 678 in 2023 as compared to 2021. This is according to the latest edition of Disrupt Africaโ€™s Finnovating for Africa publication, released every two years since June 2017, which tracks the extraordinary development of the fintech ecosystem across Africa over the last few years.
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Disrupt-Africa
Aug 22, 2023
How Tanzaniaโ€™s Safiri is bringing African transport operators into the digital age ๐ŸšŒ
Tanzanian startup Safiri has created the digital infrastructure that enables transit operators to manage their operations and provide more โ€“ and better โ€“ services to customers. Launched in June 2022, Safiri is digitising the management of transit companies, replacing pen and paper with software in local languages, point of sale devices for the issuance of tickets, and GPS trackers for vehicles.
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Disrupt-Africa
Aug 17, 2023
Tunisiaโ€™s Dabchy expands fashion e-commerce platform to Egypt ๐Ÿ‡น๐Ÿ‡ณ ๐Ÿ‡ช๐Ÿ‡ฌ
Tunis-based peer-to-peer (P2P) fashion marketplace Dabchy has launched operations in Egypt. Founded by Amani Mansouri, Ghazi Ketata and Oussama Mahjoub in 2016, Dabchy is an online platform that allows users to buy and sell pre-used and new clothes online.
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Disrupt-Africa
Aug 16, 2023
Ghanaian agri-tech startup Oyster Agribusiness raises $310k funding to scale ๐Ÿ‡ฌ๐Ÿ‡ญ
Ghanaโ€™s Oyster Agribusiness, an agricultural enterprise that employs significant levels of tech and works closely with smallholder farmers, has raised US$310,000 in grant and debt funding to propel its mission of sustainable agriculture, gender inclusion, and talent management.
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Disrupt-Africa
Aug 11, 2023
Catalytic Africa matching fund makes 3 investments totalling $191k
The co-investment fund Catalytic Africa, established in 2019 by the African Business Angels Network (ABAN) and AfriLabs, made three investments totalling EUR174,000 (US$191,000) in startups from Cameroon, DRC and Kenya in June and July. The partnership between AfriLabs, a pan-African network of technology and innovation centres, and ABAN aims to increase the pool of capital available to promising African growth-stage entrepreneurs, support the startup ecosystem, and increase the visibility of impact to institutional funders.
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Disrupt-Africa
Aug 10, 2023
Egyptian AI recruitment startup Talents Arena raises $750k pre-seed round for Saudi expansion ๐Ÿ‡ช๐Ÿ‡ฌ
Egyptian AI recruitment startup Talents Arena has raised a US$750,000 pre-seed round of funding to power its expansion into Saudi Arabia. Founded in 2019 by Aya Elgebeely, Talents Arena has developed an AI-powered recruitment platform featuring a talents mining engine and automation features. So far it has made more than 180,000 job matches and placed thousands of candidates in suitable tech jobs.
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Disrupt-Africa
Aug 9, 2023
Egyptian pharma startup Grinta acquires counterpart Auto-Cure to expand footprint ๐Ÿ‡ช๐Ÿ‡ฌ
Cairo-based startup Grinta, a fintech-enabled B2B tech platform digitising the pharmaceutical supply chain, has acquired Alexandria-based online pharmacy Auto-Cure to expand its footprint in the country. Founded in 2021 by Mohamed Azab, Yosra Badr, Ali Youssef, and Hamza Mohamed, Grinta is a managed marketplace that modernises the pharmaceutical supply chain by empowering independent pharmacies. The end-to-end platform provides access to the full spectrum of traceable pharmaceutical and medical products from multiple vendors in addition to providing fulfillment, demand planning, and inventory financing.
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Disrupt-Africa
Disrupt-Africa
Aug 8, 2023
Kenyaโ€™s Lipa Later partners Mastercard to drive BNPL solutions in Africa ๐Ÿ‡ฐ๐Ÿ‡ช ๐Ÿค๐Ÿฝ
Kenyan startup Lipa Later has partnered Mastercard to drive financial inclusion and expand Buy Now, Pay Later (BNPL) solutions in Africa, starting with Kenya and expanding to Rwanda, Uganda, and Nigeria. Founded in 2018, Lipa Later aims to empower African businesses to do more by enabling e-commerce, financial inclusion and shopping all on one centralised and fully integrated platform.
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Disrupt-Africa
Disrupt-Africa
Jul 26, 2023
Egyptโ€™s EdVentures, Saudiโ€™s VMS join forces to revolutionise MENA ed-tech industry ๐Ÿ‡ช๐Ÿ‡ฌ ๐Ÿค ๐Ÿ‡ธ๐Ÿ‡ฆ
Egypt-based ed-tech corporate VC firm EdVentures has announced a strategic partnership with VMS, a leading venture studio empowering entrepreneurs and startups in the Middle East, to enhance ed-tech in the region. Since its establishment in 2017, EdVentures, the investment arm of Egyptโ€™s Nahdet Misr Group, has been at the forefront of investing in innovative ed-tech startups.
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Disrupt-Africa
Disrupt-Africa
Jul 26, 2023
Egyptโ€™s Qardy plans to scale debt financing marketplace in partnership with countryโ€™s post office ๐Ÿ‡ช๐Ÿ‡ฌ
Egyptian startup Qardy, a marketplace and aggregator for debt financing, is planning to boost financial inclusivity across the country after signing a partnership with the Egyptian Post Office. Founded in July 2022, Qardy facilitates loans for MSMEs, with founder Abdel Aziz Abdel Nabi saying the startupโ€™s goal was to be the โ€œAmazon of lendingโ€.
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Disrupt-Africa
Disrupt-Africa
Jul 19, 2023
Egyptian digital savings startup Menthum secures pre-seed funding ๐Ÿ‡ช๐Ÿ‡ฌ
Egyptian digital savings startup Menthum has secured an undisclosed pre-seed round of funding to help it expand its team and develop its infrastructure. Launched last November by veteran professionals Himanshu Shrimali and Ismail Sarhank, Menthum is a B2B and B2C digital savings platform that provides individuals and companies with an innovative way to invest in safe treasury bills (T-bills) through a money market fund.
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Disrupt-Africa
Jul 14, 2023
10 Southern African fintech startups secure grant funding from World Bank
Ten Southern African startups have received awards for their solutions to bridge the gap in financial access for underserved communities as part of a challenge supported by the World Bank. The Fintech Challenge was part of the ecosystem development initiatives under the Southern Africa Innovation Bridge Portal supported by the World Bank to crowd-source new and impactful ways to utilise the latest innovations in fintech.
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Disrupt-Africa
Disrupt-Africa
Jul 13, 2023
Egyptian fintech startup Exits MENA tops up pre-seed round to $1.25m ๐Ÿ‡ช๐Ÿ‡ฌ
Egyptian startup Exits MENA, a fintech investment banking marketplace, has extended its seed round to US$1.25 million with investment from Silicon Valley-based venture firm Practical VC. Founded in 2022 by Mohamed Aboulnaga, Ahella El Saban and Ayman El Tanbouly, Exits MENA aims to facilitate M&As and investments in companies by offering a seamless and fully integrated online solution on its platform and a full-fledged financial advisory service.
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Disrupt-Africa
Disrupt-Africa
Jul 11, 2023
ABAN, Rwanda Finance partner to foster entrepreneurship, enhance investor awareness ๐Ÿค๐Ÿพ ๐Ÿ‡ท๐Ÿ‡ผ
The Africa Business Angels Network (ABAN), a pan-African association of angel investors, and Rwanda Finance Ltd (RFL), a company dedicated to establishing Rwanda as a premier financial destination in Africa, have officially entered into a Memorandum of Understanding (MoU) to collaborate and advance their respective initiatives across the continent.
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Disrupt-Africa
Disrupt-Africa
Jul 5, 2023
Moroccan B2B e-commerce startup Chari banks $1.5m funding from VKAV ๐Ÿ›’ ๐Ÿ‡ฒ๐Ÿ‡ฆ
Chari, a Morocco-based B2B e-commerce startup with embedded financing for the FMCG sector, has secured further funding worth US$1.5 million from Verod-Kepple Africa Ventures (VKAV) to support its growth plan.
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Disrupt-Africa
Disrupt-Africa
Jul 3, 2023
Kenyan B2B electronic spare parts startup Revivo raises $635k pre-seed funding
Founded in 2022 by Sarah Johnson, Revivo is an online marketplace for quality electronic spare parts, accessories, and repair tools, which aims to increase access to quality and affordable electronics repairs in emerging markets by addressing the needs of small businesses doing the vast majority of repairs.
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Disrupt-Africa
Disrupt-Africa
Jun 28, 2023
Egyptian Islamic invoice financing startup Agel raises 7-figure pre-seed round
Egyptian Islamic invoice financing startup Agel has closed an undisclosed seven-figure pre-seed round of funding to help it roll out customised, digital, cashless, and Sharia-compliant financing products, including Murabaha, a cost-plus financing model that complies with Islamic principles.
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Disrupt-Africa
Disrupt-Africa
Jun 27, 2023
Ghanaโ€™s Mazzuma raises funding to roll out AI-based smart contract generator
Ghanaian Web3 startup Mazzuma has secured an undisclosed amount of financing from Adaverse to implement the roll-out of its AI-powered smart contract creation platform โ€“ MazzumaGPT.
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Disrupt-Africa
Disrupt-Africa
Jun 27, 2023
SAโ€™s Zoie Health closes pre-seed funding round to fund expansion
South African e-health startup Zoie Health has raised a pre-seed extension funding round to fund its expansion and growth.
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Disrupt-Africa
Disrupt-Africa
Jun 23, 2023
Egyptโ€™s TFK acquires Opio to form MENA regionโ€™s first fashion aggregator
The Fashion Kingdom (TFK), the leading curated fashion marketplace in Egypt, has acquired direct-to-consumer (D2C) fashion brand Opio to create a powerhouse fashion group
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Disrupt-Africa
Disrupt-Africa
Jun 15, 2023
Kenyaโ€™s Pezesha partners Kyosk App to provide inventory credit to merchants
Kenyan fintech startup Pezesha has partnered retail distribution platform Kyosk App to enable Kyosk merchants in Kenya โ€“ and soon in Uganda โ€“ to access affordable inventory credit.
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Disrupt-Africa
Disrupt-Africa
Jun 13, 2023
Rwandan electric vehicle startup Ampersand achieves 1,000 vehicle milestone
The Rwanda-based Ampersand, an integrated electric motorcycle and transport energy solution, has reached a major milestone in its mission to provide sustainable mobility solutions in Kenya and Rwanda, with it now having more than 1,000 commercial use electric motorcycles on the roads.
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Disrupt-Africa
Jun 8, 2023
Less than 10% of African tech startups led by female CEO, report shows
Fewer than 10 per cent of African tech startups are led by a female CEO, while less than 15 per cent even have a female co-founder, according to a groundbreaking study on gender diversity released by Disrupt Africa.
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Disrupt-Africa
Disrupt-Africa
Jun 1, 2023
Moroccan home services startup PrestaFreedom raises $1.1m
The Moroccan startup PrestaFreedom, a home services platform specialising in household subscriptions and other services for individuals, has raised MDH11 million (US$1.1 million) from the Azur Innovation Fund to accelerate its growth at the national and regional level.
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Disrupt-Africa
Disrupt-Africa
Jun 1, 2023
Kenyaโ€™s Patamali wants to revolutionise real estate financing through DeFi
Kenyaโ€™s Patamali has developed a groundbreaking decentralised finance (DeFi) platform operating on the Celo blockchain that aims to revolutionise the real estate financing space.
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Disrupt-Africa
Disrupt-Africa
May 31, 2023
Ugandaโ€™s Zofi Cash raises $1m pre-seed funding to help it scale
Ugandan fintech startup Zofi Cash has secured US$1 million in pre-seed funding to double down on its commitment to ensuring that every day is a payday for salaried workers.
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Disrupt-Africa
Disrupt-Africa
May 30, 2023
Tunisian B2B e-commerce startup Kamioun aims to become the leading platform for corner shops
Tunisian B2B e-commerce startup Kamioun aims to become the leading mobile platform for corner shops, helping them simplify replenishment processes as a stepping stone into other aspects of business digitisation.
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Disrupt-Africa
Disrupt-Africa
May 19, 2023
How Ivory Coastโ€™s Djamo has expanded to become a personal finance super-app
Ivory Coast-based fintech Djamoโ€™s first product was a Visa-powered card for digital payments, but it has gradually added other financial services to become the one-stop personal finance partner for consumers.
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Disrupt-Africa
Disrupt-Africa
May 15, 2023
SA fleet management startup Payment24 expands into new geographies, industries
South African digital fuel management solutions and telematics startup Payment24 has expanded into new markets in North America and Europe, as well as announcing ongoing product innovation in other areas.
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Disrupt-Africa
Disrupt-Africa
May 8, 2023
Kenyan, Rwandan startups invited to apply for African Food Fellowship
Applications have opened for the African Food Fellowship, which is building a radical movement of leaders in Africa working to transform food systems across the continent.
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Disrupt-Africa
Disrupt-Africa
May 4, 2023
Tunisian e-commerce startup Drest raises $336k to fund African expansion
Tunisia-based e-commerce platform Drest has raised US$336,000 from 216 Capital Ventures to fund its expansion into the African market.
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Disrupt-Africa
Disrupt-Africa
Apr 28, 2023
Nigerian fintech startup Storspay raises $320k, selected for Techstars NYC
Nigerian fintech startup Storspay has raised a US$320,000 funding round and been selected to participate in the Techstars NYC accelerator, backed by JP Morgan Accelerator.
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Disrupt-Africa
Disrupt-Africa
Apr 27, 2023
Capria announces 1st close of $100m Global South Fund II
Capria Ventures, a leading Global South specialist firm investing in early-growth Global South startups, has announced the first close of its US$100 million fund.
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Disrupt-Africa
Disrupt-Africa
Apr 26, 2023
SA rewards app Maholla raises $1.5m seed funding to help it scale
South African startup Maholla, a viral consumer rewards app, has concluded a US$1.5 million seed funding round to help it continue to scale.
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Disrupt-Africa
Disrupt-Africa
Apr 21, 2023
DRCโ€™s Altech Group raises $18m growth capital to expand access to energy
The DRC-based Altech Group has raised US$18 million in debt financing and grants to continue strengthening its market position and expand access to energy across the country.
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Disrupt-Africa
Disrupt-Africa
Apr 17, 2023
Young African Catalysts launches to democratise access to venture ecosystem
Young African Catalysts has launched in a bid to democratise access to the African venture ecosystem, leveraging data and community to enable young Africans to upskill, find jobs, and unlock investment.
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Disrupt-Africa
Disrupt-Africa
Apr 12, 2023
Ghanaโ€™s Farmerline expands operations to Francophone Africa with Ivory Coast launch
Ghanaian agri-tech startup Farmerline has expanded into Francophone Africa with an official launch of operations in Ivory Coast, deepening partnerships across West Africa and accelerating its commitment to support small scale farmers everywhere.
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Disrupt-Africa
Disrupt-Africa
Apr 4, 2023
Egyptโ€™s Camel Ventures launches $16m fintech-focused fund
The Egypt-based VC firm Camel Ventures has launched an EGP500 million (US$16 million) fund that is focused on the countryโ€™s fintech startup ecosystem.
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Disrupt-Africa
Disrupt-Africa
Mar 29, 2023
Ethiopian startup Medstore launches digital marketplace for medical equipment
Ethiopian startup Medstore has launched a digital marketplace to allow users to sell and buy medical equipment online, and publish and subscribe to medical equipment tenders.
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Disrupt-Africa
Disrupt-Africa
Mar 29, 2023
Nigerian fintech startup OnePipe secures $4.8m credit facility, lays off staff
Nigerian fintech startup OnePipe has secured a US$4.8 million credit facility from TLG Capital, which it will use to provide inventory finance to small shops, while at the same laying off an undisclosed number of team members to extend its runway.
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Disrupt-Africa
Disrupt-Africa
Mar 28, 2023
Nigerian prop-tech startup HouseAfrica raises $400k funding round
Nigeriaโ€™s HouseAfrica, a prop-tech startup providing real estate digitalisation and transparency tools to property developers and their customers, has raised US$400,000 in funding.
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