Startups
In nearly a decade, hundreds of entrepreneurs have emerged with innovative startups across the African continent. We provide insights on their experiences and highlight the activities of investors who fund them.
Top stories
Nestcoin wanted to build and invest in crypto startups that would offer Africans financial freedom, but after a significant part of its $6.45 million investment was caught in the FTX crash, it is changing focus.
In the era of high interest rates and tight fisted venture capital, the business of startups is all about the bottom line and unit economics. Revwit, a Nigerian startup, captures this shift by training and matching talent that help startups make money.
More than 30% of agricultural produce in Nigeria is lost to poor storage facilities. Gricd, a startup that provides Internet of Things technology for storage facilities, has raised $1.5 million to expand its team and improve its product. It is also changing its name to Figorr.
Treepz was founded in 2019 as a bus-hailing startup. After expanding to three African countries, it has launched a car-sharing service. Still, questions remain over its business model.
PR agencies help startups shape the public’s perception of them and since 2019, TechPR has helped more than 30 startups tell their stories.
Founders Forum Group (FF Group) has stepped in to acquire Tech Nation, breathing new life into the organisation’s many initiatives including Tech Nation Visa. This is what you should know about the acquisition.
Many Nigerian students can’t pursue their startup dreams due to financial constraints. This article discusses six startup ideas for students that require no capital and how to get started.
Where did the $607.7 billion in aid Africa received between 2010 and 2021 go? Well, Convexity, a blockchain solutions company, has built CHATS, a platform that will help donors track their donations. Here’s how it works.
Nigerian mobility startup, Shuttlers, recently raised $4 million from investors to strengthen its infrastructure and expand across Nigeria, but what must the startup do to succeed in Nigeria’s mobility space?
Autochek has acquired a majority stake in AutoTager expanding its footprint in the North African region following the acquisition of KIFAL Auto in 2022.
Malieh Maxime left Bamenda, a city in Cameroon’s northwest region, in 2015 to attend the University of Douala, assuring his parents that he could support himself through tutoring. While that was difficult, a school project in his third year inspired Prepdia, an edtech platform that connects students with tutors.
Discover the top startup incubators and accelerators in Nigeria. These programs offer resources, mentorship, and funding to help early-stage companies succeed.
Nigerian crypto payments startup has shut down. Founder and CEO, Emmanuel Njoku, said the decision was made after the company was unable to raise funds. The startup advises merchants to withdraw funds before April 30, 2023.
Future Africa’s Luke Mostert and Goodwell Investments’ Karl Nchite are building Young African Catalysts (YAC, a community-led infrastructure to build the future of investment and startup talent in Africa
From June 1, 2023, loan apps on the Google Play Store will be unable to access photos and contacts on customers’ phones. However, a policy that should protect customers could hurt the progress made in financial inclusion.
Nigerian shared mobility platform, Shuttlers, has raised $4 million to grow its solution in Nigeria. The funding round was led by Verod-Kepple Africa Ventures (VKAV). Shuttlers plans to use the funding to increase its market share in the bus-sharing space.
From music to engineering and artificial intelligence, the founders of Rivet come from diverse backgrounds that have played a role in helping them build the fan engagement platform, Rivet. As Gen Z founders, they discuss their building and fundraising process.
Goodwell and Oxfam Novib have set up Pepea, a $21.7 million fund for East African startups. The fund will be deployed in Kenya, Uganda, and Ethiopia. It will target businesses in sectors representing a large portion of household spending in low-income communities.
Founded in 2020 after starting a B2B janitorial service and a side business two years prior, Fez Delivery has raised $1 million seed to deepen its operations in Nigeria and expand to other African markets.
Market intelligence startup Rwazi has raised $4 million seed. The startup plans to use the funding to expand into more markets and launch new products