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
African Development Bank approves the sum of €12.5 million for Francophone West Africa on the back of the growing startup and SME activity in the region
The Lagos-based technology startup is working to make estate planning easy and seamless for individuals towards protecting their loved ones, in the event of the inevitable.
Ghanaian-based startup, mPharma to buy Kenya’s second largest pharmacy chain, Haltons for an undisclosed fee
Gokada CEO has stepped down from the company in what appears to be a shake-up amidst alleged bad blood
Find out how Tringoo, an AI-powered photography booking platform, was borne out of a pressing conversation between 2 friends
Malian Minister of Digital Economy, Arouna Modibo Toure announces that Mali would soon enact a Startup Act
After a seemingly extended break from entrepreneurship, ex-Konga CEO Sim Shagaya returns to the Internet startup space with an ed-tech solution called uLesson. He shares his vision for the company with Techpoint
You may have noticed some motorcycles with distinctive blue branding, operating along major routes in Lagos. The company, EasyMobility is operating on an entirely different model from established players like Gokada and MAX
FarmCrowdy newly secures additional seed investment of $1 million from international investors Cox Enterprises and Techstars, along with local investor Ajayi Solutions
This Nigerian deep tech solution is looking to eliminate the global fake drugs scourge
According to a U.S. SEC filing, Kudi, a pioneering conversational online payments startup, has raised $5.8m in a funding round led by the Partech Africa Fund.
After 2 successful cohorts, Google has announced 12 startups for its third Launchpad Accelerator programme.
One Finance and Investment Limited (OneFi), the company behind consumer lending app, Paylater recently announced its acquisition of Amplified Payments Limited for an ‘undisclosed fee’, barely two weeks after OneFi announced securing a $5m debt facility from Lendable
There are questions around the African identity of Jumia Technologies AG, widely considered as the first African internet startup to file for IPO in the New York Stock Exchange.
Following Jumia’s impending IPO listing on the New York Stock Exchange, we explore 4 key things to note for African startups which plan to IPO in the US too.
Surprisingly, some behind-closed-doors ‘angel investments’ are typically not too far off from this. We asked a few startup founders, at different stages of investment, if they would be willing to give away 40% of the company in return for ₦200k ($554) cash.
Gloo.ng has finally announced a pivot from its former e-commerce business to e-procurement.
Following confirmation that there is actually no ongoing criminal case, unlike we have been led to believe, perhaps the real lessons from the Marek vs Nigerian investor saga are about due diligence and corporate governance in the Nigerian startup space
VALR, a South African startup that’s yet to launch, has raised the $1.5 million in a seed funding round that was led by Bittrex — a United State blockchain trading platform.
