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
eCommerce giant, Jumia plans to expand its Ugandan operations into the country’s rural areas to provide quality products at competitive prices.
There’s a consensus that raising venture capital in 2023 is harder than previous years, but correctly sizing a startup’s market significantly improves its potential to raise capital.
To survive on a tight budget, businesses need to charge their users from the get-go. The amount of work it takes to reorientate users to pay for that product is simply not worth it
Gift card and crypto trading platform, Patricia has announced that it was a victim of a security breach that compromised its bitcoin and naira assets.
E3 Capital and Lion’s Head have hit $48 million in the first close of their E3 Low Carbon Economy Fund for Africa (E3LCEF).
Jumia has released its Q1 2023 earnings report, showing a 37.8% decline in the number of transactions completed using JumiaPay. However, its operating losses also fell as the company continues its push for profitability.
Less than 1% of Nigerians own any form of insurance, but Unyte, a newly launched insurtech startup wants to significantly increase this percentage. Having locked down partnerships with major insurance providers, it believes that it can drive insurance by improving access.
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.
