TechTrends.Africa

TechTrends.Africa
TechTrends.Africa
Sep 27, 2023
Egyptian Startups Graduate from USAID's Accelerator Program 🇪🇬
23 Egyptian startups have completed the third cohort of the Startups Accelerator Program in Egypt, as announced by the United States Agency for International Development (USAID).
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TechTrends.Africa
Sep 13, 2023
Rwanda Becomes Hub for AI Research as InstaDeep Opens Office to Advance African AI 🇷🇼
As Artificial Intelligence (AI) sweeps the globe, Rwanda will play host to a major technology firm that will perform AI research and develop AI solutions for Africa.
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TechTrends.Africa
Sep 4, 2023
Over 200 Leading African and Global Organizations Set to Convene at Africa Fintech Summit Lusaka, Zambia, this November 🇿🇲
The stage is set for the largest gathering of fintech stakeholders from around Africa and the globe as the Africa Fintech Summit prepares for its 10th edition. The summit, renowned for fostering meaningful conversations, partnerships and other ecosystem-enabling engagements, is scheduled to take place from November 2-3, 2023, at Ciela Resort and Spa in Lusaka, Zambia.
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TechTrends.Africa
Aug 31, 2023
Kigali to Host eLearning Africa in May 2024 🇷🇼
eLearning Africa is a network of top experts, professionals, and investors dedicated to the future of education and training in Africa. It is the largest conference and exhibition on technology-supported learning, training, and skills development in Africa.
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TechTrends.Africa
Aug 31, 2023
Rising cyberthreats loom over Africa’s digitalization push, experts raise concerns
With cybercrime increasingly posing a significant risk to enterprises globally, cybersecurity experts in South Africa are forecasting more challenging times ahead as threat actors exploit emerging innovations to launch sophisticated cyber attacks.
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TechTrends.Africa
Aug 29, 2023
Nigerian Communications Minister, Bosun Tijani Invites Top Researchers to Develop AI Strategy 🇳🇬 🧠
The research for a national AI strategy is being conducted by top researchers, both Nigerians and foreigners, who have experience working in the Nigerian market, according to Bosun Tijani, Nigeria’s Minister of Communications, Innovations, and Digital Economy.
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TechTrends.Africa
Aug 28, 2023
Gabon Government Cuts off Internet Access to Curb the Spread of False Information
As the country’s general election nears its conclusion, the government of Gabon has announced that it will impose a curfew and shut down the internet, citing “calls for violence… and false information.”
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TechTrends.Africa
Aug 25, 2023
IFC Announces She Wins Africa Program to Support Female Entrepreneurs
The She Wins Africa program has been formally launched by the International Finance Corporation (IFC), marking a significant step toward supporting female entrepreneurs throughout sub-Saharan Africa.
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TechTrends.Africa
Aug 21, 2023
AfriLabs Opens Office in Six New African Cities to Boost the Contient’s Digital Economy
AfriLabs, a pan-African network of innovation hubs and tech hubs that supports startups, business owners, and innovators all over the continent of Africa, has grown to include Eswatini as well as five additional African towns. Zanzibar, Ota, Matsapha, Musanze, and Baidoa are some of these cities.
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TechTrends.Africa
Aug 15, 2023
Malawi Government to Roll out Internet Access to 7900 Public Schools 🇲🇼
Information and Digitalization Minister Moses Kunkuyu declared in Parliament that the government had modified the Connect a Constituency Project to the Connect a School Project with a goal of connecting the internet to 7962 public schools.
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TechTrends.Africa
Aug 11, 2023
The Power of Digital Innovation in Opening up New Markets for African Fashion Creatives
The African fashion industry pulsates with vibrancy and diversity, boasting a rich cultural heritage and an abundance of creative talent. From traditional textiles to contemporary designs, African fashion has earned widespread global recognition for its unique aesthetic and remarkable craftsmanship. Indeed, Africa has become a compelling new frontier for fashion, offering the industry a fresh perspective on style and boasting a burgeoning creative class that is propelling Africa’s wealth of talent and resources onto the world stage.
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TechTrends.Africa
Aug 9, 2023
The Harvard-AWS Accelerator Program Accepts 11 Student-owned African Startups 🚀🚀
11 of the 25 businesses chosen for the first NextGen Accelerator by Harvard Innovation Labs and Amazon Web Services (AWS) are African. The NextGen Accelerator, a two-week founder boot camp, is open to early-stage student entrepreneurs from Historically Black Colleges and Universities (HBCUs) and universities in Sub-Saharan Africa.
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TechTrends.Africa
Jul 27, 2023
Kenyan electricity bus manufacturer BasiGo expands to Rwanda 🚌 🇷🇼
BasiGo, a Kenyan electric bus maker, plans to enter the Rwandan market in the fourth quarter of this year. The startup has announced plans to deliver its first unit to Rwandan public transportation providers.
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TechTrends.Africa
Jul 26, 2023
AfriLabs collaborates with the US Department of State to address the climate challenge through entrepreneurship 🤝🏻 🇺🇸
AfriLabs, an African hub network, has collaborated with the US Department of State’s Office of Global Partnerships (E/GP) to address the climate issue and foster entrepreneurship in Africa.
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TechTrends.Africa
Jul 20, 2023
Women Who Build Africa is set to Invest in 10 Early-stage African Female Founders
The first-ever WWBA Assembly will be held in Nairobi, Kenya, on September 13–14. Women Who Build Africa (WWBA), a community established to bring together and support women working in tech across Africa, has issued an open call for women founders, investors, and ecosystem partners to express interest in attending.
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TechTrends.Africa
Jul 20, 2023
Ethiopians can now access Social Media after 5 Months of Ban
The Ethiopian government has finally restored internet restrictions on popular social media platforms after barring access for five months. The limits, which were first put in place on February 9, 2023, had an impact on services including Facebook, Instagram, Telegram, TikTok, and YouTube.
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TechTrends.Africa
Jul 19, 2023
Deloitte Africa Announces Generative AI Practice 🧠
The establishment of Deloitte Africa’s Generative AI practice for the African market has been announced with pleasure. With the goal of accelerating commercial innovation, this new profession combines domain knowledge, competent AI developers, and strategic ecosystem and alliance ties.
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TechTrends.Africa
Jul 13, 2023
African AI Foundation Partners With American Spaces to Equip 1,000 People With AI Skills
Since the introduction of AI systems such as ChatGPT, Mid Journey, Dall-e, and Bard, a lot of individuals have become concerned about how AI would affect their businesses and occupations.
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TechTrends.Africa
Jul 12, 2023
Microsoft’s FAST Accelerator Announces 2nd Cohort of Artificial Intelligence Program to Support African Startups
The second FAST Accelerator program has begun, according to Flapmax, an artificial intelligence (AI) company that seeks to improve everyone’s lives through innovation. The program is intended to support and finance the next wave of innovative businesses and entrepreneurs across the African continent.
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TechTrends.Africa
Jul 11, 2023
Kenyan Government Approves First Online University 👩🏾‍💻🎓
The country’s first online university was founded with support from Kenya’s legislators, opening up a new path to academic education. The National Assembly anticipates an initial intake of 7,100 applicants after the institution’s charter has been approved.
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TechTrends.Africa
Jun 29, 2023
Egyptian startups Paymob and Chefaa collaborate to change pharmacies digitally ⚕️💊
The digitalization of pharmaceutical payments in Egypt will be fueled by a partnership between the Egyptian entrepreneurs Paymob and Chefaa.
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TechTrends.Africa
Jun 27, 2023
Uganda to Make Internet Connectivity Accessible to Refugee Communities
Through a collaboration with the Ugandan government and the World Bank, internet connectivity will soon be available in refugee camps in Uganda.
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Jun 16, 2023
BoxCommerce now leading B2B e-commerce company in Kenya
BoxCommerce is now the leading B2B e-commerce platform in Kenya having reached 5,400 merchants to make it 16 times larger than main competitor Shopify in the East African country.
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TechTrends.Africa
Jun 14, 2023
Dream VC accelerator selected 54 African investors.
54 fellows from 22 countries have been chosen by the African venture capital talent network Dream VC to join the 2023 cohort of its renowned VC accelerator program, which aids present and aspiring investors in breaking into the African startup arena.
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TechTrends.Africa
Jun 13, 2023
Tunisian expense management company Expensya to be acquired by Swedish firm
Tunisia-founded expense management software company Expensya is to be acquired by Swedish counterpart Medius for an undisclosed sum.
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TechTrends.Africa
Jun 9, 2023
uMunthu II Unveils First Close of $60 Million for Early and Growth-stage SMEs in Africa
Goodwell Investments and Alitheia Capital have announced the first closing of their uMunthu II fund, which invests in early and growth-stage SMEs in Africa, with a particular emphasis on women-led firms. A diversified collection of international investors led the fund’s capital round.
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TechTrends.Africa
Jun 8, 2023
Flutterwave collaborates with Token.io to facilitate bank transfers to the United Kingdom and the European Union.
Flutterwave, Africa’s leading payments technology company, has partnered with Token.io, A2A payments also known as ‘Pay By Bank’ – a fast and secure way to move Europe’s leading account-to-account (A2A) payment infrastructure provider, to power Pay By Bank transfer capabilities for Flutterwave’s platform.
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TechTrends.Africa
May 19, 2023
Gebeya Plans to Drive 100 Thriving Marketplaces to Transform Africa’s Tech Scene
The tech sector in East Africa is expanding at an unheard-of rate, and companies there are transforming a variety of industries.
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TechTrends.Africa
May 2, 2023
Kenyan women-only taxi service An Nisa plots Saudi expansion after huge growth
Kenyan taxi service for women An Nisa has 10,000 customers in its native market and is considering an expansion into Saudi Arabia.
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TechTrends.Africa
May 1, 2023
South Africa’s regulatory authorities have given the Nigerian cryptocurrency site Roqqu permission to operate.
South African Rand (ZAR) deposits and withdrawals are now possible for users of Roqqu, a Nigerian cryptocurrency exchange platform, in that country thanks to regulatory permission.
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TechTrends.Africa
Apr 24, 2023
Andela Rwanda launches an apprenticeship program to match talent with Africa’s top businesses
An apprenticeship program has been launched in Rwanda by Andela, a global network for remote technical talent, with the goal of connecting international businesses with the enormous potential of rising Rwandese digital talent.
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TechTrends.Africa
Apr 20, 2023
Tech-enabled healthcare platform, CloudClinic, unveiled in Lagos
CloudClinic Limited (CCL), a digital healthcare service company, has launched its cloud-based healthcare solution called CloudClinic to facilitate virtual consultation between patients and licensed medical practitioners.
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TechTrends.Africa
Apr 18, 2023
Visa and ITC partners to strengthen the financial capabilities of young and e-commerce businesses in Africa.
In order to give youth-led and e-commerce firms in Africa the tools, training, and resources they require to improve their financial skills, the International Trade Centre (ITC) and Visa have partnered.
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TechTrends.Africa
Apr 14, 2023
Center of Excellence for AI African Summit to Examine AI’s Transformative Potential in Emerging Markets
Policymakers, opinion leaders, and business experts will gather for the second Artificial Intelligence (AI) Center of Excellence Africa Leaders’ Summit in Nairobi to discuss the impact of AI on Kenya and Africa as a whole. Thematic areas to be covered include ethical AI and AI investment.
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TechTrends.Africa
Mar 28, 2023
Zindi Attracts 1000 African Students to Create AI Models for Climate Change
UmojaHack Africa 2023, a 2-day event for data scientists that aims to solve Africa’s toughest challenges through machine learning, was hosted by Zindi, the network for data scientists, on March 18–19, 2023.
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TechTrends.Africa
Mar 21, 2023
Global tech pioneers and innovators look to supercharge double-digit business growth across Africa
International powerhouse brands turn to inaugural GITEX Africa 2023 as launchpad to scale operations in the world’s next biggest digital economy. Marrakech, Morocco: Global tech pioneers and innovators are preparing to supercharge double-digit business growth across Africa, as they eagerly anticipate the debut of the continent’s largest and most inclusive tech and start-up event in Marrakech, Morocco.
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TechTrends.Africa
Mar 20, 2023
Hyperspace Technologies Launches Keymaster VAULT: A Low-Cost, NFC- Based Hardware Wallet for the African Market
Hyperspace Technologies (https://hyperspace.ng), a Lagos-based Web3 startup specializing in next-level smart security infrastructure and key management systems, today announced the launch of its groundbreaking product, the Keymaster VAULT (https://keymaster.ng).
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TechTrends.Africa
Mar 17, 2023
Almentor, Egyptian Ed-tech Startup Secures $10m Funding to Promote Growth
Almentor, the top Arabic-language online video learning platform, has acquired $10 million in pre-Series C fundraising from investors to help it develop faster and reach its target of servicing 10 million learners in the MENA area.
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TechTrends.Africa
Mar 9, 2023
Edtech Startup, Baims Secures $4M in Series A Funding to Offer Accessible Education Across MENA
A $4 million Series A fundraising round, led by AK Holding and included Al-Wazzan Educational Group, Rasameel Investment House, and other investors, has been secured by Baims, a prominent edtech firm in the MENA area.
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TechTrends.Africa
Mar 7, 2023
Bellafricana positions to support more creative entrepreneurs in Nigeria and Africa as a whole
Bellafricana has opened its tech-enabled community as a FREE platform to support creative entrepreneurs in the fashion, arts & craft, beauty, home & living, food produce & snacks industry, to gain visibility, increase sales, have the right business support and structure that gives them the capacity to grow their business.
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TechTrends.Africa
Mar 4, 2023
Liquid Intelligent Technologies Partners With Microsoft to Bring the Internet to 20 Million People in Africa
Microsoft has unveiled a variety of fresh initiatives with the goal of boosting digital development, skill development, and infrastructure in the world’s Least Developed Countries (LDCs).
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TechTrends.Africa
Feb 25, 2023
AfricaGoGreen Fund Raises $47 Million in Equity Investments to Fund Climate-friendly Projects in Africa
The International Finance Corporation (IFC), the African Development Bank (AfDB), the Nordic Development Fund (NDF), and the Sustainable Energy Fund for Africa have all contributed $47 million to the AfricaGoGreen Fund (AGGF) (SEFA)
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Feb 8, 2023
Umba, Nigerian Digital Bank Opens Office in Kenya
In order to grow across the continent, Umba, a digital bank for emerging countries that has only previously operated in Nigeria, has begun operations there.
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TechTrends.Africa
Feb 7, 2023
2Africa, World’s Largest Internet Cable Lands in Mzansi
The largest fiber optic cable in the world, 2Africa, has arrived in Amanzimtoti, south of Durban.
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TechTrends.Africa
Feb 7, 2023
ThinkYoung Collaborates With Boeing to run Coding Schools in Kenya, Rwanda, and Ethiopia
In spring 2023, the ThinkYoung Coding School, which operates coding schools for teenagers and young people in Kenya in collaboration with Boeing, plans to expand to Rwanda and Ethiopia with the goal of empowering teens and young people throughout Africa.
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TechTrends.Africa
Feb 6, 2023
Kenyan Mobility Startup, eWAKA Secures $540,000 in Funding
A Kenyan business called eWAKA that seeks to enhance sustainable mobility has received strategic investment from the State Secretariat for Economic Affairs (SECO) of the Swiss Confederation.
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Feb 3, 2023
3 African Agri-tech Startups Emerge Winners of $1.5m AYuTe Africa Challenge
The AYuTe Africa Challenge has identified three African agri-tech firms as winners.
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TechTrends.Africa
Jan 30, 2023
Yebo Fresh, South African Food e-Commerce Startup Secures $4.5m in pre-Series A Round
Yebo Fresh, a South African e-commerce business that delivers fresh goods and food to townships, has secured a ZAR78 million (US$4.5 million) pre-Series A equity investment in addition to a Jobs Fund grant.
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Jan 27, 2023
Central Bank of Nigeria Launches AfriGo to Replace VISA and Mastercard
Nigeria’s central bank today carried out its plan to introduce the AfriGo national domestic card program. The program, which was first unveiled at a Bankers’ Committee news conference in October 2022, involves the central bank in the market’s triopoly of card payment programs for Nigeria.
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TechTrends.Africa
Jan 11, 2023
Meta’s Biggest African Content Moderator Partner Ends Contract
Sama, the primary subcontractor for content moderation for Meta in Africa, declared earlier on Tuesday that its hub in Kenya will be the final destination for its content moderation division due to the need to consolidate operations.
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TechTrends.Africa
Jan 4, 2023
Elon Musk’s Starlink Hardware Setup Will Cost Nigerians $600
As presale sales for Elon Musk’s Starlink, a satellite internet service, commence in Nigeria, the costs for its starter kits have been disclosed.
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TechTrends.Africa
Jan 4, 2023
Tunisian Startup, Millesima Technologies Secures $480,000 for its Video-on-demand Solution
A $480,000 financing has been launched by Millesima Technologies, a Tunisian firm licensed under the StartupAct and focused on data technology, streaming media, and VOD.
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Dec 29, 2022
Mahaseel Masr, Egyptian B2B Fresh Produce Platform Secures Funding to Scale
Mahaseel Masr is a smart digital platform that offers a variety of digital tools to make online transactions more reliable and secure, while also ensuring farm traceability through geospatial farm profiling. Emirates International Investment Company (EIIC), the strategic investment arm of National Holding, an Abu Dhabi-based group with investments in leading sectors in the UAE and the MENA region, has provided the startup with an undisclosed amount of funding.
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Dec 23, 2022
Solarise Africa Secures $3M Investment to Expand Operations in Kenya
The majority of Solarise Africa’s operations are in Kenya, and the company has secured $3 million from EDFI ElectriFI to develop there.
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TechTrends.Africa
Dec 22, 2022
105 Blockchain Programmers Graduate from the Africa Blockchain Center
105 blockchain developers from the first cohort of the Africa Blockchain Center’s Blockchain Programming training course have graduated, according to the Kenyan Web 3.0 firm, which serves as Africa’s center of excellence for blockchain development.
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Dec 21, 2022
Senegal-based Startup, Kwely Unveils Made in Africa Marketplace
Targeting small and large enterprises worldwide, Senegalese startup Kwely has released the minimum viable product (MVP) version of its B2B web store for “Made in Africa” products.
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TechTrends.Africa
Dec 15, 2022
Kenyan e-Health Startup, MyHealth Africa Closes $1m in Seed Funding for Expansion
MyHealth Africa, a Kenya-based healthtech startup, has raised $1 million in seed funding to expand its presence in Africa.
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TechTrends.Africa
Dec 14, 2022
JuicyScore, Global Anti-fraud Firm Expands to Nigeria
JuicyScore, a global leader in antifraud and risk management technologies for online businesses, recently expanded its global footprint to Nigeria, appointing Lawrence Osayemi as Regional Director of Sales and Business Development.
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TechTrends.Africa
Dec 12, 2022
Owoafara, Nigerian Fintech Startup Secures Funding From ShEquity
Owoafara, a Nigerian fintech startup that provides digital banking to help the world’s unbanked population gain access to financial products and services, has received funding from gender lens investment firm ShEquity.
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TechTrends.Africa
Dec 10, 2022
5 Top Trends That Will Shape Africa’s Tech Landscape in 2023
Africa is undergoing a digital revolution at the rate at which various countries keep harnessing emerging technology. More people now have better internet access, making it easier for the younger generation to become tech-savvy.
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Dec 9, 2022
The 5th Edition of the Africa Tech Summit Nairobi 2023 to Connect Over 1000 Delegates
Africa Tech Summit Nairobi 2023 will bring together tech pioneers from the African ecosystem and global players under one roof on February 15–16, 2023, following a sold-out Summit in 2022.
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Dec 8, 2022
Seven African stock markets begin a process of integration
In order to promote cross-border trading of securities throughout the continent, seven African stock exchanges on Wednesday started an integration experiment in the Ivory Coast. Nigeria, Mauritius, Morocco, South Africa, Kenya, Egypt, and West Africa’s stock markets are all a part of the effort, which is known as the African Exchanges Linkage project. Later on, Botswana and Ghana will also join.
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Dec 7, 2022
Mastercard Announces its $200m Foundation Africa Growth Fund
An initial $200 million has been pledged to the Mastercard Foundation Africa Growth Fund (MFAGF), a fund of funds that works through African investment vehicles to promote early-stage, growth-oriented SMEs on the continent.
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Dec 7, 2022
Gridless, African Bitcoin Miner Secures $2m Seed Round
A $2 million seed funding round headed by Stillmark and Jack Dorsey co-founded payments company Block has been secured by Gridless, a bitcoin mining business that helps develop new energy sources in remote East African areas, the company said on Tuesday.
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Dec 6, 2022
Seedstars launches a Program for Supporting Women-led Startups in Africa
Women-led small to medium enterprises (WSMEs), as well as community enablers and entrepreneurship support programs in Africa, are encouraged to apply for the Enhancing Women Entrepreneurship in Africa (EWEA) program’s mentorship and skill-building workshop series.
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Dec 5, 2022
Kapu, a Kenyan Social Commerce Startup Founded by ex-Jumia Executive Raises $8 Million
The social commerce startup Kapu from Kenya has announced the raising of $8 million in early money. As food costs rise nationwide, the firm, which has emerged from stealth, wants to make it easier for Kenyan consumers to shop for food.
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Dec 2, 2022
Google’s Hustle Academy has graduated 5,000 entrepreneurs.
Google held graduation ceremonies in Nigeria, Kenya, and South Africa to honor the 5,000 entrepreneurs who completed its Hustle Academy training program.
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Nov 25, 2022
Solarise Africa Secures $33.4M for Pan-African Expansion
Solarise Africa, a pan-African Energy-as-a-Service provider, has received a $33.4 million facility from Lion’s Head managed fund, the Facility for Energy Inclusion (FEI), to help the company solidify its position in Kenya’s solar market and expand across Africa.
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Nov 24, 2022
Tanzanian, Kenyan, and Egyptian entrepreneurs have won Africa’s Business Heroes competition
Founders from Tanzania, Kenya, and Egypt have been named Africa’s Business Heroes (ABH) competition winners, a flagship philanthropic program established by the Jack Ma Foundation to highlight and support African entrepreneurs.
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Nov 23, 2022
Goodwell Investments launches $154m uMunthu II fund
Goodwell Investments, a social impact investment company, has established its EUR150 million (US$154 million) uMunthu II fund with the goal of fostering the expansion of inclusive enterprises in the area.
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Nov 18, 2022
Start-up leveraging blockchain technology to address the 331 billion working capital gap in Africa.
Making US$20k Monthly Recurring Revenue (MRR) with 1 full-time employee and two part-time co-founders: CEO working from overseas!
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Nov 18, 2022
Finplus, Kenyan Startup Reaches $1bn Transaction Value Mark
The Kenyan fintech firm Finplus Group has claimed that after five years of operation, its platform has processed transactions worth over US$1 billion.
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Nov 17, 2022
German Startup Programme, develoPPP Ventures Announces €100K Grant for Kenyan and Tanzanian Startups
DeveloPPP Ventures, a startup program sponsored by the German government, has announced a grant of €100,000 for startups in Kenya and Tanzania to help them grow their impact-driven businesses.
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Nov 16, 2022
Kenya’s BasiGo Secures $6.6m in new Seed Funding to Facilitate Commercial Delivery of Electric Buses
In order to launch the commercial delivery of locally produced electric buses and charging infrastructure, the Kenyan firm BasiGo has acquired US$6.6 million in new seed funding.
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Nov 12, 2022
Kenya to Launch Cheap Smartphones to Make Government Services More Accessible
Following yesterday’s declaration by President William Ruto that the government is working on a plan to produce mobile phones that will cost less than Ksh. 5,000 in the next year, Kenya will begin manufacturing affordable smartphones.
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Nov 5, 2022
CMC Networks Rolls out Supercharged Dedicated Internet Access (DIA) Across 51 African Countries
To hasten the adoption of SD-WAN in Africa, CMC Networks has introduced IP Premier, a high-performance dedicated internet access (DIA) service. Along with the usual availability, IP Premier also offers tight service level agreements (SLAs) for jitter, packet loss, and round-trip delay (RTD). In some of the world’s most difficult markets, it offers a reliable platform for deploying SD-WAN services and delivering optimized user experiences.
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Nov 2, 2022
AWS Unveils 2nd African Office in Lagos, Nigeria
The opening of our first AWS office in Nigeria excites us. Lagos is home to numerous rapidly expanding companies and has a talent pool of highly competent and creative individuals, according to Amrote Abdella, regional manager of Sub-Saharan Africa for AWS.
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Oct 28, 2022
Binance Partners With Utiva to Offer 1000 African Youth Scholarship for Tech Skill Training
The charity arm of cryptocurrency and blockchain infrastructure provider Binance, Binance Charity, has teamed with Utiva, an organization that provides technical education for young people in Africa.
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Oct 27, 2022
Implications of the Startup Bill for Digital Businesses in Nigeria
Nigeria launching the Startup Bill is the latest buzz that has brought excitement to many including startup founders, employees and graduates. On October 19, 2022, President Muhammadu Buhari of Nigeria officially signed the Startup Bill into law, creating the Startup Act 2022.
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Oct 26, 2022
6 African Startups Emerge as Finalists of the Ecobank FinTech Challenge
Six African fintech businesses have been chosen as finalists in this year’s Ecobank Fintech Challenge in order to compete for the top prize of US$50,000 and admission into the Ecobank Fintech Challenge Fellowship program.
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TechTrends.Africa
TechTrends.Africa
Oct 24, 2022
Glovo Unveils its Third Micro Fulfillment Centre in Nairobi
As the firm grows its “Quick-commerce” branch, Glovo, one of the top players in global multi-category delivery, has opened its third micro fulfillment center in Nairobi, Kenya.
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TechTrends.Africa
TechTrends.Africa
Oct 24, 2022
Dooka Joins Forces With Tradeshift to Launch Africa’s Biggest B2B Marketplace
A pan-African digital marketplace for business-to-business trade has been launched by Dooka in collaboration with Tradeshift, the worldwide network for digital trade.
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TechTrends.Africa
TechTrends.Africa
Oct 19, 2022
Ampersand Collaborates With Bboxx to Transform its e-Mobility Scheme
Ampersand, an e-mobility provider of sustainable transportation solutions in East Africa, and Bboxx, a platform that facilitates access to vital goods and services, collaborate to expand Ampersand’s e-mobility program in Rwanda.
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TechTrends.Africa
TechTrends.Africa
Oct 17, 2022
Africa at the Forefront of Cryptocurrency Adoption in 2022: Full Report
A policy brief by the United Nations Conference on Trade and Development (UNCTAD) highlights how the use of digital currencies soared through the COVID-19 pandemic worldwide. The impact was felt more intensely in developing economies, where consumers turned to cryptos as financial assets and enjoyed higher financial inclusion, despite their status as primarily unregulated.
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TechTrends.Africa
TechTrends.Africa
Oct 12, 2022
CardoO, an Egyptian IoT Devices Manufacturer Secured a $660,000 Seed Round
IoT device maker CardoO, based in Egypt, has raised a $660,000 seed round of funding, which was led by The Alexandria Angels and included angel investors from Saudi Arabia, Sofico Investments, and the European Bank for Reconstruction and Development (EBRD).
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TechTrends.Africa
TechTrends.Africa
Sep 30, 2022
LinkedIn Shines the Spotlight on top 10 Nigerian Startups that are still waxing strong in 2022.
A list of 10 promising Nigerian startups that are overcoming the current obstacles and garnering attention in 2022 has been released by the world’s largest professional networking site, LinkedIn.
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TechTrends.Africa
TechTrends.Africa
Sep 29, 2022
KuCoin Celebrates 5th Anniversary, Announces Expansion Plans and Commemorative Events
Victoria, Seychelles — Global cryptocurrency exchange KuCoin is celebrating its fifth anniversary and announcing commemorative events while outlining its strategy for the coming years.
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TechTrends.Africa
TechTrends.Africa
Sep 28, 2022
SweepSouth, South Africa’s On-demand Home Cleaning and Services Platform Raises $11 Million
SweepSouth, a South African platform for on-demand home cleaning and services, has raised US$11 million in finance, lead by the private equity fund Alitheia IDF, with the goal of growing its current business and entering new markets.
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TechTrends.Africa
TechTrends.Africa
Sep 26, 2022
Digital bank FairMoney Join Forces With Oradian to Fast Track Market Growth
To support its next phase of expansion and product innovation, FairMoney, a credit-driven mobile banking network for developing nations in Africa and Asia, has teamed with Oradian, a cloud-based core banking system.
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TechTrends.Africa
TechTrends.Africa
Sep 23, 2022
The Baobab Network, a Nairobi-based Accelerator Supports Four African Start-ups With $200,000
Four new startups have been selected for the latest cohort of The Baobab Network (TBN), a Nairobi-based accelerator that funds and supports the growth of early-stage internet companies throughout Africa.
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TechTrends.Africa
TechTrends.Africa
Sep 23, 2022
GIG Logistics, African Tech-powered Logistics Company Opens Office in China
GIG Logistics (GIGL), Africa’s leading tech-driven delivery company, has expanded its services to China. This brings the total number of countries in which it is currently active to four. GIGL has already established branches in Ghana, the United States, and the United Kingdom, in addition to Nigeria.
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TechTrends.Africa
TechTrends.Africa
Sep 22, 2022
Binance Announces Blockchain Education Meetup Tour Across Francophone Africa
Binance, a leading blockchain ecosystem and cryptocurrency infrastructure provider, has launched a crypto education tour in five French-speaking African countries as part of its mission to drive blockchain adoption and increase financial accessibility in the region.
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TechTrends.Africa
TechTrends.Africa
Sep 20, 2022
South African Startup, Curbon to Offer Carbon-neutral Online Shopping Experience
With the debut of the nation’s first plugin made to aid in the battle against climate change, South African startup Curbon will enable carbon-neutral online purchasing with the aim of reducing carbon emissions.
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TechTrends.Africa
TechTrends.Africa
Sep 20, 2022
National Digital Academy Launches is Live in Côte d’Ivoire
The Smart Africa Digital Academy (SADA), the capacity-building arm of Smart Africa, continues to grow its presence in Africa, with Côte d’Ivoire being the newest nation to gain from the program for developing digital skills.
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TechTrends.Africa
TechTrends.Africa
Sep 16, 2022
PowerDFI, a US-based Blockchain Financial Startup Buys Naijacrypto, a Nigerian cryptocurrency exchange
PowerDFI, a Blockchain financial startup based in Wyoming, has acquired Naijacrypto, a Nigerian-owned cryptocurrency platform that initially targeted African markets.
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TechTrends.Africa
TechTrends.Africa
Sep 14, 2022
Stellantis, Global Automaker and Mobility Provider Funds Africar Group to Establish Auto24, African Used Vehicle Startup
Auto24 is a direct-to-consumer used automobile firm that introduces new, creative technologies to ensure transactions are carried out in a transparent and secure manner. Auto24 is an African used vehicle startup, Africar Group, and Stellantis announce the opening of Auto24 activities in Abidjan, Ivory Coast.
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TechTrends.Africa
TechTrends.Africa
Sep 9, 2022
Bitmama, a Nigerian blockchain payments startup, has raised $2 million in pre-seed funding as it expands into new markets.
Africa has the world’s third fastest-growing cryptocurrency market, with adoption increasing by more than 1,200% in the last two years. Countries such as Nigeria, Kenya, and South Africa are largely to blame for skyrocketing adoption rates as citizens seek to protect themselves from currency depreciation and build wealth.
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TechTrends.Africa
TechTrends.Africa
Aug 29, 2022
Cameroonian Startup Mungenow Technologies Launches a Verified Guest House Booking Platform🇨🇲
Mungenow Technologies, a startup based out of Buea (popularly referred to as Silicon Mountain), Cameroon has launched a guest house booking platform aimed at helping travelers to and across Cameroon’s major cities and eventually the rest of Africa to find verified and affordable places to stay during their trip no matter what their budget is.
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TechTrends.Africa
TechTrends.Africa
Aug 27, 2022
Binance Rolls out the First Ever Crypto Education Hub in Francophone Africa
On Wednesday, Binance, one of the top blockchain ecosystems in the world and a prominent provider of cryptocurrency infrastructure, announced the opening of a crypto teaching center in Yaoundé, Cameroon.
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TechTrends.Africa
TechTrends.Africa
Aug 23, 2022
Digital Technology and Future of Healthcare System in Africa
In Africa’s health system, the dominant narrative is a “weak healthcare system”, and it has always been questioned whether the continent can rise from this.
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TechTrends.Africa
TechTrends.Africa
Aug 22, 2022
Cape Town’s Stock Exchange Completes $5-Million Funding Round
Today, the $5 million financing round for the city’s fintech stock exchange, the Cape Town Stock Exchange (CTSE), was closed. The business also disclosed that Mark Fitzjohn, Bruce Ndidi, and Stephan Van Der Walt (all from Empowerment Capital) have joined the board (Pallidus Alternative Investments).
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TechTrends.Africa
TechTrends.Africa
Aug 16, 2022
45 Startups Join the Village Capital’s Future of Work Africa Accelerator
The second iteration of the Future of Work Africa accelerator program has been launched by Moody’s Corporation and Village Capital, and 45 startups that are developing for-profit, market-based solutions for employment and education that can better prepare young people in sub-Saharan Africa have been chosen.
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TechTrends.Africa
TechTrends.Africa
Aug 12, 2022
Elloe, Kenyan Conversational e-Commerce Startup Buy Flo by Saada
In order to expand operations and enter new markets, Kenya’s Elloe, a conversational e-commerce business, purchased rival Flo by Saada for an unknown fee. Owen Sakawa founded Elloe, a revolutionary conversational commerce platform driven by AI that enables SMEs to conduct online transactions on any messaging network.
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TechTrends.Africa
TechTrends.Africa
Aug 9, 2022
Visa is Set to Help African Women Fund Managers Scale Their Businesses
The African Women Impact Fund (AWIF), a partnership between Standard Bank and the United Nations Economic Commission for Africa, has been awarded funding by Visa as of today (UNECA).
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TechTrends.Africa
TechTrends.Africa
Aug 8, 2022
Ghanian Fintech Startup, Zeepay Raises $10m in Series A Funding Round
Zeepay, a Ghanaian mobile financial services firm that specializes in offering integrated mobile payment services, has raised $10 million, with Symbiotics BV leading the way with USD 9 million and a Mauritius-based fund investing USD 1 million, for a total of USD 10 million.
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TechTrends.Africa
TechTrends.Africa
Aug 5, 2022
New Startup Accelerator, Tech African Women Launches in Ethiopia
The Digital African Women (TAW) program has officially launched with the aim of assisting and accelerating female-owned African tech firms as they transition from the concept stage to actual operations.
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TechTrends.Africa
TechTrends.Africa
Aug 4, 2022
Kenyan Music Streaming Service, Mdundo Records 20 Million Active Users, Beating the 50 Million 2025 Target
In June 2022, Mdundo.com, a music streaming business with a Kenyan base, reported 20.3 million monthly active users, exceeding the revised monthly target of 19 to 20 million subscribers and increasing by 74% from June 2021.
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TechTrends.Africa
TechTrends.Africa
Aug 4, 2022
Homzmart, an online marketplace for furniture and home goods located in Egypt, has raised a $23 million pre-Series B investment, increasing its total capital to roughly $40 million
Homzmart, an online marketplace for furniture and home goods located in Egypt, has raised a $23 million pre-Series B investment, increasing its total capital to roughly $40 million
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TechTrends.Africa
TechTrends.Africa
Aug 3, 2022
Skrmiish South African Gaming Startup Raises $2.5m Seed Round to Accelerate Growth
A US$2.5 million seed round has been raised by the Cape Town-based Skrmiish, a mobile “play-to-earn” software that allows players of all skill levels to earn money in every match they play across the AAA+ games they like.
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TechTrends.Africa
TechTrends.Africa
Aug 1, 2022
Banking platform software as a service for African start-ups and established Institutions
The future of African banking is digital. A 2021 Fiserv report showed that “78% of people under the age of 40 would stay with their bank if it went all digital, compared to only 47% of people over 40”.
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TechTrends.Africa
TechTrends.Africa
Jul 30, 2022
Outsource Monetic, Senegalese Fintech Startup Secures Funding to Build Omnichannel Atm Network in Africa
Outsource Monetic Group, an American and Senegalese fintech based in Atlanta, GA, announced this week the completion of a pre-seed funding round with 500 Global, a San Francisco-based startup accelerator.
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