africa

Zindi taps 12,000 African data scientists for solutions to COVID-19

Since its inception, Cape Town based crowdsolving startup Zindi has been building a database of data scientists across Africa. It now has 12,000 registered on its its platform that uses AI and machine

Africa turns to mobile payments as a tool to curb COVID-19

Africa is using digital finance as a means to stem the spread of COVID-19. Governments and startups on the continent are implementing measures to shift a greater volume of payment transactions toward

Jumia adapts Pan-African e-commerce network in response to COVID-19

Pan-African e-commerce company Jumia is adapting its digital retail network to curb the spread of COVID-19. The Nigeria headquartered operation — with online goods and services verticals in 11 Afric

CcHub funds tech to curb COVID-19 on concerns of an Africa outbreak

Africa’s largest innovation incubator, CcHub, will offer funding and engineering support to tech projects aimed at curbing COVID-19 and its social and economic impact. The Lagos and Nairobi base

SpaceX will launch Intelsat’s next satellite using a re-used Falcon 9 in 2022

Intelsat has tapped SpaceX for the launch of its Intelsat 40e spacecraft, a high-throughput communications satellite that will join the company’s existing geostationary network. The satellite is

Kenya turns to M-Pesa mobile-money to stem the spread of COVID-19

Kenya’s largest teleco, Safaricom, will implement a fee-waiver on East Africa’s leading mobile-money product, M-Pesa, to reduce the physical exchange of currency in response to the COVID-1

A snapshot of the leading startups in Africa’s top VC markets

TechCrunch did a synopsis recently on Africa’s 2019 VC stats. Analyses from investment fund Partech and media outlets Disrupt Africa and WeeTracker came up with varied numbers, but there was a c

Visa partners with Paga on payments and fintech for Africa and abroad

Visa has entered a partnership with Nigeria based startup Paga on payments and technology. Founded in Lagos, Paga scaled its fintech business in West Africa, before targeting expansion in Ethiopia and

Twitter CEO’s weak argument why investors shouldn’t fire him

Twitter CEO Jack Dorsey might not spend six months a year in Africa, claims the real product development is under the hood and gives an excuse for deleting Vine before it could become TikTok. Today he

Did African startups raise $496M, $1B or $2B in 2019?

Five years ago, it was hard to come by any formal numbers for annual VC investment in Africa. These days the challenge is choosing which number to follow. That’s the case with three venture fund

Africa Roundup: TLcom closes $71M fund, Jumo raises $55M, AWS partners with Safaricom

VC firm TLcom Capital closed its Tide Africa Fund at $71 million in February, and announced plans to invest in 12 startups over the next 18 months. The group — with offices in London, Lagos and Nair

Google, Toyota Tsusho invest in WhereIsMyTransport to map transport in emerging cities

In emerging markets, up to 80% of the population may have to rely on informally-run public transport to get around. Literally, privately-run buses and cars. But journey-planning apps that work well fo

AWS partners with Kenya’s Safaricom on cloud and consulting services

Amazon Web Services has entered a partnership with Safaricom — Kenya’s largest telco, ISP and mobile payment provider — in a collaboration that could spell competition between American cloud

South African fintech startup Jumo raises second $50M+ VC round

South African fintech startup Jumo closed a $55 million round from a diverse group of investors, the company confirmed. Founded in 2015 and based in Cape Town, the venture offers a full tech stack for

Meet the first wave of speakers & enter your startup for The Europas Awards, 25 June

Excitement for The Europas Awards for European Tech Startups is heating up. Here is the first wave of speakers and judges — with more coming! The Awards — which have been running for over 10 y

Africa e-tailer Jumia reports first full-year results post NYSE IPO

Pan-African e-commerce company Jumia got into the black (by a small amount) on its gross profit vs. fulfillment expenses, expanded financial services and still posted losses. The online sales company,

Sokowatch raises $14M to digitize Africa’s informal B2B supply-chain

Kenya based B2B e-commerce startup Sokowatch has raised $14 million in Series A funding toward its mission of revamping supply-chain markets for Africa’s informal retailers. From Nairobi, the compan

These specialized Africa VC funds are welcoming co-investors

For global venture capitalists still on the fence about entering Africa, a first move could be co-investing with a proven fund that’s already working in the region. Africa’s startup scene

African crowdsolving startup Zindi scales 10,000 data scientists

Cape Town based startup Zindi has registered 10,000 data-scientists on its platform that uses AI and machine learning to crowdsolve complex problems in Africa. Founded in 2018, the early-stage venture

After VCs spend millions Nigeria restricts ride-hail motorbike taxis

Nigeria’s commercial hub of Lagos has shaken up its transportation order. At the center are the West African country’s motorcycle taxis — referred to locally as okadas — which face new
Load More