- One of the most main challenges that entrepreneurs face is a lack of capital. Entrepreneurship is significantly influenced by access to capital, both directly and indirectly. Barriers to entrepreneurship in terms of geography, demographics, and wealth are made worse by a capital market structure…
- Kenyan Agritech startup, iProcure has secured a Series B funding round of $10.2 million which was led by Investisseurs & Partenaires (I&P) and participation from Novastar Ventures, Ceniarth, and British International Investment (BII). This funding will be used to grow its presence in Kenya…
- Stimulus, a PA-based relationship intelligence startup has recently raised $2.5M in a seed funding round led by Black Ops VC, with participation from Genius Guild, Morgan Stanley, Northwestern Mutual Future Ventures, REFASHIOND Ventures, Bronze Valley, The BFM Fund, Plain Sight Capital and Penn…
- In the make-up industry, you will find these two, or rather three, categories of individuals contouring their way to careering fulfilment
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- Black-owned salon and barbershop booth rental app, ShearShare has raised $2.3M in a seed funding round led by Fearless Fund with participation from Level Up Ventures, New York Ventures, Gaingels, Chloe Capital, Portfolia, Pipline Angels, Bacon Family Trust, and ACV Auctions co-founder Jack Greco. …
- Bonbell, an Egyptian startup that specializes in food ordering and digital solutions for table and meal reservations, has raised $350,000 in seed funding to help it expand its services and user base. Launched early this year, Bonbell offers a wide range of food ordering services, from food delivery…
- Yellow Card, a Nigerian cryptocurrency startup, has launched a new service called Yellow Pay, which aims to make money transfers easier and also open up the continent to more investment, access to credit, and business grants. Formed in 2018 and launched in Nigeria in 2019, Yellow Card makes it easy…
- TotallyAwesome, a digital advertising network for children, teens, and families has raised $10 million (debt and equity combined) seed funding from leading San Francisco based Partners For Growth (PFG) and Singapore based boutique investment growth advisory firm Yefira Group specializing in AdTech…
- Sunday Design, a global furniture and home décor brand, has secured USD 1.5 million (INR 125 million) in Pre-Series A funding led by QRG Investment & Holdings (The Family Office of Havells India Limited Founders), Kama Group (Family Office of SRF Ltd), KCT Family Office, and existing investors…
- Despite the excellent news above regarding funding activities in the ecosystem, African start-ups battle to thrive and survive beneath obstacles that are peculiar to the continent only.
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- DataProphet, a South African-founded startup has completed a $10 million series A funding round led by Knife Capital and joined by South Africa’s IDC and Norican, the world’s largest metal surface preparation and finishing equipment provider. The funding allows DataProphet to continue investing in…
- Skrmiish, a South African tech-driven gaming startup, has acquired $2.5 million in a Series A funding round led by Launch Africa Ventures, The Blockchain Founders Fund, Stellar to expand its growth. Founded in 2018, Skrmiish is a South African-based mobile “play-to-earn” software that lets players…
- GetFundedAfrica is a tech-enabled innovation and entrepreneurship platform that provides insights, resources, and funding to an unstoppable community striving to build a better future for all. This platform was created by and for African entrepreneurs. The ongoing collaboration between Microsoft…
- An entrepreneur is an ideal combination of a dreamer, a scientist, and a manager. While setting up and running new business ventures, entrepreneurs don many hats and play many roles to manifest their dreams. One of the most important aspects of launching a startup is raising funds. In most cases,…
- Pastel, a Nigerian Bookkeeping and Digital platform for merchants is announcing a seed raise of $5.5 million led by pan-African venture capital firm TLcom Capital with participation from other VC firms such as Global Founders Capital (GFC), Golden Palm Investments, DFS Labs, Ulu Ventures, Plug and…
- The Central Bank of Nigeria (CBN), in partnership with the Africa Fintech Foundry (AFF), plans to fund ten businesses in order to boost eNaira adoption in the country. This was disclosed by the Head of AFF, Mr. Daniel Awe, to the News Agency of Nigeria (NAN) over the weekend in Lagos. He claimed…
- GetFundedAfrica has announced a strategic alliance with the Ogun State Government, Nigeria’s industrial base, to establish a technology ecosystem in Abeokuta and enable 400 African startups. This partnership will contribute to building a supportive environment between the state government and…
- Africa’s first project financing facility for mini-grids, CrossBoundary Energy Access (CBEA), announced $25 million in new funding commitments from ARCH Emerging Markets Partners Limited, Bank of America, and Microsoft Climate Innovation Fund. This investment will leverage an additional $25 million…
- Egyptian digital logistics startup Khazenly has raised a US$2.5 million seed funding round to drive product development and quadruple its facilities. Founded in mid-2021 by Mohamed Younes, Osama Aljammali, Mohamed Montasser, and Ahmed Dewidar, Khazenly has developed a one-stop-shop solution for the…
- As part of the agreement, Vista Bank’s subsidiaries in Guinea and Burkina Faso will each receive US$12 million to be channelled towards financing imports of foodstuffs, raw materials, refined oil products, equipment, consumer goods, and other important items. By joining IFC’s GTFP, Vista Bank will…
- For me, a decent look is well shaped eyebrows, mascara on the lashes to give them an elongated effect, minimal foundation to even out the skin tone and well moisturised and glossed lips
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- New investors, Vitruvian Partners and AXA IM Alts joined the extension, alongside existing investors, AfricInvest FIVE and CommerzVentures, who re-invested in the extension. Previous other investors include LUN Partners Group, Goodwell Investments, Allan Gray Ventures, Endeavor Catalyst and…
- Egypt-based petcare platform Vetwork has raised a Bridge round from several investors from Saudi Arabia and members of the Alexandria Angel Network, along with financial support from Nestlé Purina. The amount raised was not disclosed. Founded in 2019 by Fady Azzouny and Adam Hafez, Vetwork is a one…
- Launch Africa is solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa. The fund has over 10-year track record of venture building and backs startups across multiple sectors, regions, and products that tackle the most meaningful challenges on the continent…
- Ademidun brings considerable experience in senior management, strategic advice and investments across the world. She is the Managing Director of the Emerging Markets Group of TotalEnergies Ventures (TEV), the venture capital arm of the global energy company — TotalEnergies. At TotalEnergies she…
- Wamly, the video interview software startup founded by Francois de Wet in 2018, has secured a 2nd round investment from South African venture capital firm, Knife Capital. The deal sees Davey Gant, Knife Capital partner based in UK, joining the Wamly Board of Directors. Wamly specialises in one-way…
- T40 Technologies, a tech startup transforming Nigeria’s intercity transport and logistics industry, has secured a pre-seed funding round. Led by its CEO, Folarin Olulana, the company has built a cloud-based transport and logistics operating system built for intercity service providers. Launched in…
- Mouloukou Sanoh has recently joined Adaverse as the new Investment Manager. He shall be focused on investing in the most promising Web3 companies in Africa, from Seed to Series A. About Adaverse Adaverse is a Cardano Ecosystem Accelerator that aggregates entrepreneurs, strategists and mentors…
- Have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.
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- This enables moto-taxi drivers to purchase or rent electric bikes with the ultimate goal of increasing their take-home income. In this region, petrol motorcycles are the main mode of transport. With the Gozem and IFC partnership, drivers will also learn about the benefits of electric bikes which…
- Due to its significant trust in DXwand’s growth, US-based VC firm SOSV, one of the first investors in the startup’s seed round, has backed the due care and syndication of this financing round. DXwand is AI-powered software that automates text and voice dialogues between users and companies in call…
- Binance Labs, the venture capital and incubation arm of US-based cryptocurrency exchange Binance, has closed a US$500 million investment fund to back projects that can expand crypto use cases and drive the adoption of Web 3 and blockchain technologies. The new Binance Labs fund is supported by…
- South African investment app Franc has raised ZAR8 million (US$522,000) in a seed extension round, and announced a B2B offering that enables quick and easy adoption of savings and investment products by partner businesses. The startup saw 400 per cent growth in 2021, and has now announced its B2B…
- The programmes, which reach around 85% of the intended audience, offer a variety of services to customers, with healthcare, education, and the instalment feature topping the list. ADVA is a consumer finance platform founded by Rania Gaafar in 2020 that enables clients to pay for a broad range of…
- Today, technology is a huge benefit to people, serving as a tool to modify their environment in a variety of ways, including in the business world. The rise of technological entrepreneurship has intrigued researchers in recent decades because of its significant impact on economic growth. Startups…
- This fresh fund injection brings the startup’s total investment raised to $8.85 million, having raised a seed of $850,000 in October 2020.. The edtech startup was founded in 2017 by 24-year-old Yahya Bouhlel (CEO) to initially solve a deficit in skilled engineers in Tunisia—a problem his elder…
- According to him, the Federal Executive Council (FEC) recently gave approval to the Ministry of Communications and Digital Economy and its agencies to work closely with the startup ecosystem on how the government can procure solutions from startups without the usual bureaucratic processes…
- Virridy, a developer of technologies for monitoring and managing water, energy and agricultural resources, has raised $5.5 million Series A funding in a round led by Accord Capital to expand its offering across Africa and North America. The round also had the participation of a number of existing…
- Dstny, meanwhile, offers a series of interactive communication tools that brings employees and customers closer together, and the acquisition of Tactful AI extends its product portfolio and helps companies enhance customer engagement operations across modern digital and traditional voice channels…
- Nice Deer, an insurtech startup bringing innovative health insurance solutions to the Egyptian market, raised $1m in a pre-seed funding round led by DisrupTech Ventures. Established in early 2022 and currently operating in Egypt, Nice Deer aims to bridge the gap between healthcare providers, health…
- Every organisation relies on communication. To avoid misconceptions, information should be conveyed between management and team members as soon as possible. Thanks to the evolution of technology, several tools for corporate communication, including email, are now available. Business email is a…
- The GetFundedAfrica Venture mission is to match innovative, high-growth early-stage African businesses to investors globally, leveraging our artificial intelligence deal flow platform. Data suggests there are hundreds of VCs doing deals on the African continent now more than ever, and through our…
- Mauritius-based fintech startup Finclusion Group has secured funding from the Cairo Angels Syndicate Fund (CASF), a micro venture capital fund that invests in early-stage startups in the Middle East and Africa. Last year, Finclusion Group recently secured US$20 million in a funding round with…
- Founded in 2014, Shopstar is a cloud-based e-commerce platform that enables local entrepreneurs to build online stores and grow their businesses by offering easy to use, professional services. After assessing the business potential in late 2018, seasoned entrepreneur and investor Mike Joubert…
- Egypt-based q-commerce Appetito has acquired Tunisia’s Lamma to expand operations in Morocco, Tunisia and West Africa for an unknown amount.Founded in 2020 by Shehab Mokhtar, Appetito delivers grocery and household products through its mobile app to customers from dark stores across 3 cities in…
- Make-up artists fill a need; the need for humans to look and feel beautiful. Perhaps not all of the time, but as often as possible. They pander to humankind’s vanity, another compelling reason why make-up artists are important in society.
The post Why Make-up Artists are Important in Society…
- The GetFundedAfrica Venture mission is to match innovative, high-growth early-stage African businesses to investors globally, leveraging our artificial intelligence deal flow platform. Data suggests there are hundreds of VCs doing deals on the African continent now more than ever, and through our…
- The fund will enable BetaStore’s expansion into Ghana, the Democratic Republic of Congo and Cameroon by the end of this year, decentralizing its products and services to serve more informal retailers. The fund was received from 500 Global, VestedWorld, and Loyal VC, bringing the investment raised…
- The startup affirms to have distribution partners including YouTubers, influencers, newsletters, crypto exchanges, and telecoms to promote NFT drops – allowing the creatives to tap a wider audience, and not just their fanbase. This means celebrities do not have to rely on their social media…
- DriveMe is asserting the launch of a revamped one-stop exquisite platform, particularly developed to centralize access for merchandise and carrier vendors in the logistics and mobility industry. The new platform presents four main products: DriveMe for Business, DriveMe for Individuals, DriveMe for…
