- Ms. Mutuku succeeds Pricilla Muhiu, who joined Glovo in 2019 to lead the company’s marketing efforts in Africa before being named general manager of the company in Kenya in 2020. She brings a wealth of knowledge in strategy, execution, and digital to the company, allowing it to maintain its…
- This partnership takes advantage of the African Continental Free Trade Agreement (AfCFTA) for the collaboration between TechQuest STEM Academy, a non-profit organisation that provides education technology content, tools and resources for talent development and ICEALEX, an Egypt-based innovation hub…
- Suplyd, a procurement platform for hotels, restaurants and catering (HoReCa) businesses in Egypt, has raised $1.6 million pre-seed funding from Endure Capital, Seedstars, Camel Ventures, Falak Startups, and a number of angel investors. Founded in January this year, Suplyd’s B2B platform brings…
- Ventures Platform, the pan-African VC firm championing the next generation of African technology entrepreneurs, has today announced the final close of its early-stage and intercontinental fund, at $46M. Surpassing its initial $40M target, the oversubscribed fund from one of the continent’s most…
- IFC announced that Femi Akinrebiyo, a Nigerian national with more than 20 years of experience in developing, structuring, and leading projects and investments that support sustainable economic growth, has been appointed as Manager of Global Manufacturing and Trade Supplier Finance. In his new role…
- Two foodtech eGroceries startups, Saudi-based Jumlaty and Egypt-based Appetito, announce their merger into a new entity, NOMU. “Appetito and Jumlaty have been, separately but similarly, working hard to reinvent the grocery supply chain. Both have focused on reliability, speed, and affordability,…
- US data center company, Equinix, is planning to invest $160 million in building its first data center in South Africa to accelerate the firm’s expansion into Africa. It expects to service large enterprises such as banks, content and media companies, as well as hyper-scalers operating in the country…
- Ortega who currently serves as president of the company’s central zone in Latin America, which includes Colombia, Venezuela, Peru, Ecuador, Central America and the Caribbean, replaces Bruno Pietracci, who has been named president of Coca-Cola’s Latin America operating unit. Both changes, according…
- For centuries, Africa has been considered one of if not the most resource-abundant continents in the world. For years other continents have depended on her for several reasons. They either required raw materials, precious ores, or even trees to some extent. Various continents still depend on Africa…
- Norsad Capital and TLG Capital announced the beginning of a partnership to cement the market-leading private credit platform for medium-sized companies across sub-Saharan Africa (SSA). This partnership will, amongst others, further promote syndication opportunities and platforms, risk participation…
- Global Talent Accelerator, Dataleum, was recently recognized as the StartUp of the Year at the Art of Technology Lagos award night. Art of Technology Lagos, AoT, award is an event sponsored by the Lagos State government to recognize tech startups and personalities for their impact and development…
- South African company Finclusion Group, which is building Africa’s first credit-led neobank as it bids to accelerate financial inclusion throughout Sub-Saharan Africa, has announced an additional US$2 million in funding as it rebrands as part of a brand integration. Launched in mid-2018 by co-…
- Established in 2019, EDAM works as a location-as-a-service (LaaS) startup, connecting its users to medical institutions and healthcare providers in their vicinity. The startup also lets users pay for the medical services provided by its partners in instalments. US-based PTS Investments Holdings has…
- According to a statement by Taeillo, it is an alternative for clients who must wait a long time between three and six months before receiving their furniture and incur significant expenditures while importing furniture due to fluctuating currency rates. Taeillo, a Lagos-based startup innovating…
- Tata Consultancy Services (TCS) announced the winner of TCS Sustainathon South Africa 2022, a problem-solving competition that empowers the youth to find creative solutions to real-world challenges. Ten finalists showcased their ideas at the grand finale held at the Sustainability Institute in…
- NopeaRide, sadly, gives proof to this famous statement hinged on research: “90% of start-ups fail within their first five years.”
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- Thrive Agric, a fintech providing smallholder farmers access to finance, insights, and distribution was crowned the 2022 winner of the Visa Everywhere Initiative (VEI) – a global open innovation program and competition for start-ups and fintech companies. Thrive Agric is also the winner of the Visa…
- Sun Exchange today announced that energy industry veteran, Martin Webb, has been appointed as Chief Executive Officer. Founder and former CEO, Abraham Cambridge, will continue to serve on the Board of Directors and serve as senior strategic advisor to the CEO and leadership team. Webb brings nearly…
- Justyol, Morocco-based e-commerce has raised $350,000 as a pre-seed investment following a $100,000 last August in the same fund-raising round from Earn Rocket Investment holding which seems to be a significant push to the company into further development and expansion. The project started by…
- Founded in 2018, ScarabTech specialises in the production of small-scale and highly efficient plastic-to-energy units called “Beetles”. Developed using special software algorithms and design, these machines heat plastic waste, creating a vapor that is then captured and reconstituted into carbon-…
- GetFundedAfrica has partnered with Freshworks on a Webinar that equips African growing businesses with access to product credits and resources to grow their sales Webinar details: Date: 16 December 2022 Venue: Online Time: 12:30 WAT Register Here: https://getfundedafrica.com/freshworks/ Details:…
- Kenyan wealth-tech startup Hisa has publicly launched after receiving regulatory approval from the Nairobi Securities Exchange and the Capital Markets Authority to launch its fractional shares trading platform. The Hisa app allows anyone in Kenya to invest in Kenyan listed stocks, US stocks and…
- Operating many businesses will definitely increase your workload, but it will also allow you to diversify your revenue, which is very necessary. Additionally, it allows you to continue learning and gain a fresh perspective on business in general. To start with, running multiple businesses all at…
- Gridless, a Kenyan based bitcoin mining company helping to bring new energy generation to rural communities in Africa, has announced that it secured a $2 million seed investment round led by Stillmark and Block, Inc. in addition to an angel round led by Factor[e]. The company said the investment…
- The successful completion of this debut sukuk will allow Moove to tap into the wealth of Islamic investors who are particularly interested in environmentally and socially responsible investments and will undoubtedly open-up further avenues for the financing of Moove’s ambitious expansion plans. The…
- Zeraki, a Kenyan edtech that has built digital learning and school data analytics platforms, has raised $1.8 million seed funding in a round led by Acumen Fund, for product catalog growth and regional expansion. Save the Children Impact Investment Fund, Verdant Frontiers Fintech and Logos Ventures…
- Gridless, a Kenyan bitcoin mining company helping to bring new energy generation to rural communities in Kenya, has announced a $2 million seed investment round led by bitcoin venture-capital firm Stillmark and payments company Block, a firm that Twitter co-founder Jack Dorsey leads with…
- We can not help but wonder: what make-up trends does 2023 hold for the industry? More of the same from this year and the last? Or bold, new trends?
The post <strong>Are These the Make-up Trends of 2023?</strong> appeared first on GetFundedAfrica Media.
- Forty (40) solutions from 29 countries have been awarded by the World Summit Award (WSA) international jury meeting held in Jarkata, Indonesia weeks after an online Jury had been completed. The Innovationbed heroes will receive their awards in the Government & Citizen Engagement and Inclusion…
- MEST Africa has announced Senegalese tech startup Kwely as the winner of the 2022 edition of the MEST Africa Challenge (MAC); a pan-African tech startup pitch competition. Kwely is a digital made-in-Africa products distribution platform founded by Birame Sock, a Senegalese entrepreneur. The startup…
- Kenyan supply chain and logistics startup Leta has secured a $3M pre-seed equity round led by 4Di Capital, Chandaria Capital, Chui Ventures, PANI, Samurai Incubate and Verdant Frontiers Fintech. The funding round also attracted angel investors Ken Njoroge, Founder of Cellulant and Charles Murito,…
- GetFundedAfrica is committed to the development of the African startup ecosystem as well as the growth of our employees. As we grow, we are also very excited to showcase the incredible team members that are continuously trying to push the right buttons to make things work from the backend. To kick…
- Venco, a Nigerian Proptech startup, has just raised $670k in a pre-seed funding round led by Zrosk Investment Management, with participation from Voltron Capital, Decimal Point Ventures, Fast Forward Fund, Tayo Oviosu, Odun Eweniyi, Oo Nwoye, Desigan Chinniah, Dakar Network Angels, and Viktoria…
- Lipa Later Group has acquired SkyGarden in a move that re-energizes our commitment to bridging the gap between the merchant and a customer with more empowerment between parties, merchant and customer, stellar service, stellar tech, and revamped strategies that promise to disrupt the industry. This…
- Egypt-based fintech investment platform Exits.me finalised a new buy-side mandate with KSA-based Morni Holding earlier this month in Dubai, UAE, in the presences of Exits.me CEO and co-founder Mohamed Abu El Naga and Salman Al-Suhaibaney founder and Chief Commercial Officer of Morni Holding. With a…
- Launched in 2022 by Rania Reda and Mo’nes Sadeq, Brito Cloud Kitchens owns and operates a series of smartly distributed, and fully operated Cloud Kitchens all over Egypt helping international brands to expand their presence and delivery to the Egyptian market in no time and with minimum investment…
- Chipper Cash, an African cross-border payments company startup valued at slightly over $2 billion, has reportedly laid off many employees. This comes about one year after the company announced that it had raised $150 million in a Series C round led by Sam Bankman-Fried’s now-collapsed…
- Lagos-headquartered venture capital firm Future Africa is teaming up with TLG Capital, a London-based open-ended credit fund, to launch a $25 million venture debt fund earmarked for portfolio companies. The fund created from TLG’s existing funds will help Future Africa’s portfolio companies…
- Businesses, aside from non-profits, are designed to be profitable. As an entrepreneur who works relentlessly to provide solutions, it is very natural for you to be taken care of after you’ve taken care of the business and clients. The pandemic has caused several small- and medium-sized companies to…
- GetFundedAfrica has partnered with N2 Technology Ltd to assist start-ups in their growth, specifically in the area of fundraising. GetFundedAfrica is a tech-based marketplace connecting African founders with global mentors, coaches, corporates, investors, and governments. Related: GetFundedAfrica…
- Catch up on the latest Funding News across Africa. Watch an all new episode of #GFAROUNDUP with Nichole Manhire In this week’s Episode of GFA ROUND-UP, Nichole Manhire and Josephine discussed five African Startups that received Funding in recent times. They gave full details on the following: The…
- Afrobarometer (www.Afrobarometer.org) is pleased to announce that it has received $1.1 million in institutional funding from the Open Society Foundations (OSF). Afrobarometer has scientifically and systematically captured ordinary citizens’ experiences, aspirations, and priorities and widely…
- South African data automation startup Synatic has raised a US$2.5 million seed extension round of funding to grow its footprint in the United States (US). Launched in 2017, Synatic has developed a low-code data automation platform that enables enterprises to iterate quickly and provides rapid time…
- Kapu, a new social commerce startup founded by a former Jumia executive, has emerged from stealth mode with $8 million in funding. The company aims to revolutionize the way consumers shop for food in Kenya, where sky-rocketing prices have become a major concern. Kapu was founded by Sam Chappatte, a…
- Ugandan bike-hailing startup, SafeBoda is reportedly exiting Nigeria. According to the company, it wants to focus on “bringing the company to profitability by deepening its core transportation offering” in Uganda, its largest market. Recall that SafeBoda also exited Kenya in November 2020, less…
- Egyptian supply chain solutions provider OneOrder has raised $3m in seed funding from investors including Nclude, A15 and Delivery Hero Ventures. The funding will allow the startup to grow its operations in Egypt, including increasing its warehouse footprint and exploring potential opportunities…
- Africa is the new frontier for investment and development. Africa is the continent of the future. – Dr. Victor Oladokun The third edition of the Africa Investment Forum (AIF) was held between November 2 and 4, 2022, and hosted by the Ivorian city of Abidjan. It is an annual event which focuses on…
- Aruwa Capital Management (“Aruwa” or “Aruwa Capital”), a Lagos based female founded and led early-stage growth equity and gender lens investment fund, is pleased to announce the successful close of its first institutional fund, which was oversubscribed, surpassing its target of $20 million. The…
- Pan African business magnate and renowned entrepreneur, Ichie (Dr) Nnaeto Orazulike has won this year’s FATE Foundation Model Entrepreneur of the Year (FME) Award. According to the organisers, Fate Foundation, the award was initiated 2001 to celebrate entrepreneurs who are significantly…
- The Mastercard Foundation Africa Growth Fund (MFAGF), a Fund of Funds that works through African investment vehicles to support early-stage, growth-oriented SMEs on the continent, launched today with a committed $200 million (USD). The Fund-of-Funds invests in African investment vehicles targeting…
