The Africa-focused VC firm has already backed nine start-ups, including Numida, Hohm Energy, Socium, Klasha, Kwara, Coachbit and Sava, and will be aiming to achieve a minimum of 40 Tech start-up investments from this first fund.
Browsing: Start-Ups
SweepSouth, South Africa’s foremost home services platform, is celebrating its 10th anniversary this month. Established in 2014 by Aisha Pandor and Alen Ribic, SweepSouth has evolved from a pioneering start-up to…
For the first time this year, Kano has ascended into the top 1,000 startup cities worldwide. Renowned as the commercial hub of northern Nigeria, the city has experienced a significant…
We spoke to two of the co-founders of a new African Biotech company Immobazyme, who have just been awarded additional funding, bringing their total funding to-date to over $1,3 million.…
Market Trends: 2023, saw a dramatic 46% Year-on year decline in overall venture capital (VC) funding, reaching only $3.5 billion. The Fintech sector retaining its top demand for investors. It is also expected…
Amazon Web Services (AWS) has unveiled a major $230 million initiative aimed at bolstering startups worldwide in developing generative AI applications. This comprehensive support package will provide early-stage companies with…
Nigerian digital lender Carbon has unexpectedly ceased its debit card operations just two years after their introduction. In a revealing Substack post titled “The Scoop on Debit Cards,” Carbon’s co-founder…
Following significant changes to Know Your Customer (KYC) processes mandated by the Central Bank of Nigeria, fintech startups are now required to physically verify the addresses of POS agents offering…
Local startups are striving to position Uganda as a leader in the emerging trend of on-demand pay, allowing employees to receive payments whenever they need them, bypassing traditional payday schedules.…
Google for Startups has announced 24 startups selected for the 2024 cohort of the Growth Academy: AI for Health program. The program is designed to support high-potential startups across Europe,…