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
Airbnb disrupted hotels, PieMe wants to do that for African restaurants. Here’s how the Ugandan-based startup wants to help you turn your kitchen into a profitable restaurant
Kenya’s B2B agritech startup, iProcure, has raised $10.2 million in Series B funding to expand to Tanzania and grow its presence in Kenya and Uganda, where it currently operates.
Pastel, a Nigerian bookkeeping and digital platform for merchants has raised a $5.5 million seed round to expand its product offerings.
After raising $40 million in debt and equity in its Series A round in February 2022, Marketforce, a Kenyan end-to-end distribution platform, laid off 9% of its workforce in July 2022.
TeamApt, a Nigerian fintech startup, has raised more than $50 million in its most recent funding to expand its credit offerings.
DataProphet, a South African startup, has raised $10m in Series A to expand its AI-as-a-service platform for manufacturers and to further invest in its industrial AI product set.
Convertedin, an Egyptian ad automation platform, has closed a $3m seed round to serve brands in Mexico and Brazil. Launched in 2019, it provides an eCommerce marketing operating system to brands and businesses.
The global wall art industry is valued at $46.3 billion globally in 2020 and is expected to grow to $72.61 billion by 2028. And Raknida, an eCommerce platform for wall art, is looking to take a piece of that pie with its augmented reality-enabled artwork.
Businesses like Netflix and Yahoo have learnt the hard way the importance of effective communication. In 2011, the former’s stock prices crashed by more than half in two months because of a communication blunder. Find out how to avoid that in this article.
Bumpa, an eCommerce startup, has integrated with Meta, the parent company of Facebook, Instagram and WhatsApp, to boost social commerce. Find out what this means for social merchants.
Lami Technologies, a Kenyan insurtech startup, has raised a $3.7 million seed round extension following a $1.8 million seed in May 2021. The funds will be used to expand the company’s product offerings.
In 2020, Youverify, a Lagos and San Francisco–based identity verification startup, raised a $1.5m seed round. Now, the company has announced an additional $1m seed round extension to verify 2 billion identities, among other things.
The traditional idea of business-to-customer communication has evolved, especially with the new crop of customer-facing products. Here’s what business owners should know to satisfy their clients.
Qwili, a South African startup that targets customers who are digitally excluded and unbanked via its app, has raised $1.2 million in a seed round to improve its operations.
Frustrated by the unreliability of card payments, Jacquelyne Madu built Azapay to enable cardless payments in Nigeria. With over 2,000 users, it plans to reach 100,000 by the end of 2022.
It’s not news that Africa is facing an increasing number of cyber threats. To combat that, Liquid Cyber Security, a Cassava Technologies company, has launched the first of its matrix of Cyber Security Fusion Centres.
After seeing a bad projector almost derail a friend’s training program, Seun Abimbola, CEO of Rentit, set out to enable anyone to rent items they needed. Now present in four Nigerian states, he plans to scale it across Africa.
Kenya’s SNDBX is quietly disrupting the consulting space with the mission of pushing African startups to global dominance. It links entrepreneurs to over 33 experts in legal, human resources, accounting, and several other departments to help them grow and scale.
Fresh from allegations of fraud and sexual harassment against its CEO, Nigerian fintech startup, Flutterwave is once again embroiled in money laundering charges in Kenya. How could this affect the company moving forward?
Although interest in African tech talents is growing, hiring them presents a considerable challenge. Raenest provides a solution that enables employers to hire seamlessly.