- Step 4. Choose the Most Promising Sphere There is an opinion that blockchain can revolutionize every sphere of our life. That’s impressive, but how? Below there is a big list of spheres that can benefit from this technology. Let’s take a look at it! Digital currencies were the first-ever…
- Cairo-based startup Grinta, a Fintech-enabled B2B tech platform digitizing the pharmaceutical supply chain, raised $8 million in seed funding co-led by Raed Ventures and Nclude. Other investors include Silicon Valley-based Endeavor Catalyst and 500 Global, bringing its total funding to date to $9.5…
- The fund’s goal is to support initiatives that help low-income and vulnerable communities better prepare for, cope with, or absorb shocks or pressures related to the environment. Meet the 8 African startups: CoAmana (Nigeria) To solve Africa’s biggest economic gaps, CoAmana, which was founded in…
- Leading the investment is 216 Capital Ventures, with well-known business angels including Mr. Ibrahim Al-Rashid and Bridging Angels contributing significantly. Aside from Dammam BioTech Valley, Startup Tunisia, TAQADAM, and OQAL Angel Investors Network, these organizations have also contributed…
- BasiGo, the first company to introduce electric buses into Kenya, has announced $6.6 million in new funding led by Mobility54, the corporate venture capital arm of Toyota Tsusho; Trucks VC, a transportation-focused venture capital fund in Silicon Valley; and Novastar Ventures, a global VC…
- Modus, a Venture Platform operating in MENA comprising VC funds, Venture Builders, and a Corporate Innovation arm, has announced the launch of Modus Africa – a $75 million SDG-focused VC fund that will invest in Africa’s boldest startups powered by AI and Blockchain technologies. The fund is led by…
- YouTube announced the expansion of efforts to support creators and the creative economy in Africa through the 2023 #YouTubeBlack Voices creators and artist cohorts. Now in its third year, the initiative from YouTube is a followup to a global, multi-year commitment made in 2020 to uplift and grow…
- Stable Foods, a portfolio organization of Pyramidia Ventures, an agri-food supply venture studio. Stable Foods has created an all-inclusive solution that consists of irrigation-as-a-service (IaaS), the availability of inputs and offtake contracts, and training on best practices for regenerative…
- An elevator pitch is a brief way of introducing yourself, communicating key points such as your background, experience, and objective, and connecting with the person. The term “elevator pitch” refers to the idea that it should be concise enough to be delivered during a quick elevator ride. As a…
- WafR, a Moroccan retail-tech startup that helps retail brands deliver promotions to grocers, has secured an additional $120,000 in capital as it expands its network of grocers. Founded in 2021, WafR is a mobile app that allows retail brands to broadcast and distribute smart promotions to grocers in…
- Apparently, in today’s vain world, the Nigerian man, indeed men all over, has a bit to contend with when it concerns beauty items – fake lashes, fake brows, heavy transformational Clark-Kent-to-superman variety of make-over (oops, make-up), etc.
The post The GetFundedAfrica Poll Series: <strong…
- IFC has launched a new $225 million platform to strengthen venture capital ecosystems and invest in early-stage companies addressing development challenges through technological innovations in climate, health care, education, agriculture, e-commerce, and other sectors to help build the digital…
- Eden Care, a licensed Rwanda-based digital insurer which offers affordable, accessible and personalized health coverage to businesses and their employees, has completed a pre-seed funding round from DOB Equity, Seedstars International, Norrsken Foundation, and Bathurst Capital. to help it expand…
- CutStruct Technology, a platform that digitizes construction process for efficiency has raised $600,000 in pre-seed funding led by Zedcrest Capital, DFS Labs, Lofty Inc and Kola Aina of Ventures Platform to build its premier product, LiveVend. LiveVend is a construction procurement platform that…
- South African telehealth platform, Contro, has announced a R10.1 million (~$582,000) pre-seed round, which included participation from investors Plug & Play, iCubed Capital, WZ Capital, and the Jozi Angels Network, as well as grant funding from the i3 fund backed by the Bill & Melinda Gates…
- Launched by the New York-based venture platform Modus, Modus Africa is a venture capital fund supporting blockchain and artificial intelligence startups in sub-Saharan Africa. In the first quarter of the next year, the fund is projected to attain its final close. Modus’ expansion over the last 18…
- Africa Tech Festival (formerly known as AfricaCom) has honored outstanding companies that are revolutionizing the African tech sector for the past 15 years. The event also shines a spotlight on the key people and products that are advancing the digital revolution that’s also engulfing the continent…
- A product roadmap is a high-level visual overview that effectively communicates the why and what of what you’re doing while outlining the goal and trajectory of your product offering over time. The roadmap also acts as a blueprint for carrying out the product strategy and as a strategic document…
- Step 1. Meet Blockchain Blockchain is intended to make transactions safe and reliable even when the parties involved do not trust one another. In 2008, the world was introduced to a new concept that many believe will revolutionise society as a whole. That’s the year when Bitcoin was invented—the…
- “Reading is important. If you know how to read, then the whole world opens to you.” Barack Obama While many individuals read for pleasure, there are also professional reasons why people should read books on a regular basis. Reading may help your career by updating you on industry trends,…
- This month, YouTube has successfully surpassed 80 million Music and Premium subscribers globally, including those in trials. This is a 30-million-member increase from 50 million the company announced last year. In September, YouTube announced a $6B revenue contribution to the music industry, with…
- 17 percent of MENA start-up investment went to Egyptian start-ups in October 2022. Startups in the Middle East and North Africa region (Mena) have raised $646 million across 69 deals, bringing the total raised so far this year to $3 billion spread over 551 deals. The cumulative deal value was a 273…
- FCMB will use the line of credit to expand lending activities that will boost the country’s post-pandemic economic recovery and drive more inclusive and climate-resilient growth. It will focus on enterprises in Nigeria’s agribusiness, manufacturing, healthcare and renewable energy sectors. The…
- Emerging markets venture capital firm Quona Capital has announced the final close of its Fund III at US$332 million, significantly exceeding its US$250 million target. Quona Capital was established as an independent venture capital firm in 2015 by co-founding managing partners Monica Brand Engel,…
- Startup Wise Guys (SWG), Europe’s most experienced startup accelerator and one of its most active investment funds, has selected the second batch of participants for its €7.5 million fund for African startup investment. The program, the first-ever African, B2B SaaS-focused accelerator, opened to…
- One of these options, consumer loans, is being explored by Blnk, a fintech launched last October. The digital lending platform partners with Egyptian merchants, allowing them to underwrite customers at the point of sale and provide them with finance to purchase items such as electronics, furniture…
- An ordinary situation: you want to buy some specific item, but it’s not available in your local shops. You go to online stores and find what you want most. But the online store that has it is unknown and has received no feedback. Would you send money in advance without knowing if the item will ……
- Invygo, the Middle East’s car subscription pioneer, has announced a $10 million Series A funding led by MEVP. The round also included participation from leading financial institutions, including Al Rajhi Partners, Arab Bank and Amana Capital, Palm Drive Capital and existing global investors Signal…
- Sendy has announced that it has received financial support from MOL Plus Co. Limited, the corporate venture capital of investors, in an effort to expand fulfillment services in Kenya, Nigeria, Uganda, and Côte d’Ivoire. This is coming a month after the Kenyan startup conducted the second round of…
- Growing a business requires a sound strategy based on inherent business acumen and skills. A successful entrepreneur needs to be able to sell, communicate, manage time, be creative, learn, and strategize well. Entrepreneurship can be quite rewarding, but it also comes with several unique risks. To…
- Buyoya will work closely with the World Bank, development partners, and public and private sector partners to lead efforts to grow IFC’s investment and advisory programs in the region that has immense opportunity for investment, job creation, and private sector-led growth but is also grappling with…
- Founded by Dalia Abou Omar, Brotinni offers a platform to order hand-cut, farm-sourced and vacuum-sealed fresh meat and poultry cuts. Its offerings also include flash-frozen and ready-to-cook products and provides delivery services through its own fleet of drivers. The startup came into being in…
- WafR, an application that enables retail brands to deliver smart promotions to grocers in order to increase their market share in the traditional channel, announced today that it has raised $120k from First Circle Capital. Morocco-based fintech startup WafR, has raised $120,000 from First Circle…
- Pyypl, (pronounced “People”) the MEA-focused financial services platform and Hub71 company, has closed its target Series B raise of $20 million from a diverse group of international investors and ten existing investors. Pyypl is considering opening a second tranche for further investment due to…
- If you are looking to raise funds for your start-up, you need to always become investment ready and prepared for potential investor meetings. Your business plan and strategic goals all play a significant role in the success of your fundraising efforts. Many start-up founders do not agree that they…
- Egypt-based social commerce platform Sharwa, has closed a $2 million pre-Seed funding round, co-led by Nuwa Capital and Hambro Perks Oryx Fund, among other investors. Founded in 2022 by Alaa Shalaby, Hassan Elshourbagi and Mohamed Hanafy, Sharwa allows customers to purchase their essential…
- Yassir, a San Francisco-based Algerian super-app offering on-demand services and financial services, has closed a $150 million Series B funding to power its expansion across Africa and the rest of the world. The investment was led by BOND, with participation from DN Capital, Dorsal Capital, Quiet…
- Classera, a global edutech e-learning company focused on emerging markets, has closed a $40 million in a Series A round, the largest in EdTech globally for a company with no prior funding. The round also mark’s the largest funding round ever in Edtech, in MENA and most of Africa. Classera will…
- The Co-founders of Jumia Group, Sacha Poignonnec and Jeremy Hodara, have stepped down as Co-CEOs of the e-commerce firm. According to a statement by the company, Francis Dufay, who previously held the CEO role at Jumia Ivory Coast, will now replace both co-founders as acting CEO. The statement…
- Nigeria Climate Innovation Centre (NCIC) with support from All On Hub, has announced winners of the 2022 edition of their annual ideation incubation program for early-stage renewable energy entrepreneurs. They are Retile, Powerbox Energy Systems, Danwawo Group LTD, Energy Assured, Solaris GreenTech…
- If you are looking to raise funds for your start-up, you need to always become investment ready and prepared for potential investor meetings. Your business plan and strategic goals all play a significant role in the success of your fundraising efforts. Many start-up founders do not agree that they…
- DOB Equity, Seedstars International, Norrsken Foundation, and Bathurst Capital, have invested in a pre-seed funding round in Eden Care, a licensed Rwanda-based digital insurer. Arnold Mwangi, Investment Professional at Nairobi-based Dutch impact investment firm DOB Equity, said: “The health…
- Egypt’s Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform valU has invested in live e-commerce platform, Hoods. valU’s investment aims to capitalise on Hoods’ unique platform to penetrate the fast-growing virtual shopping space and diversify its offering to both new and existing valU…
- Following its acquisition of a 50% stake in boutique media company UrbanSigns in 2018, leading out-of-home (OOH) media owner Tractor Outdoor has since announced that it will take over the rest of the business. According to the company, upon the initial part-acquisition of UrbanSigns four years ago…
- Gregory has more than 25 years of experience in communications and joins Ogilvy Africa from Edelman United Kingdom, one of the most successful offices of the world’s largest PR firm. At Edelman, he has held various leadership roles in strategy and business development. “We are excited to have…
- UAE-based X-ERA for tech-services and logistics has completed its takeover of Egypt’s growing B2B e-commerce platform SPEED. SPEED is an affiliate of SPEED International for Distribution & Logistics. The takeover marks a significant milestone in the digital transformation that aims at…
- What is Marketing? Marketing is communicating the value of a product, service, or brand to customers for the purpose of promoting or selling that product, service, or brand. What is Technology? It might seem like a straight-forward question, but technology is about more than gadgets. Technology…
- While the Act is targeted at the growth of the technology ecosystem, it additionally aims to strengthen and position the country's ecosystem as the leader of the start-up pack on the African continent.
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- The Co-Founders Statistics show that 4.5% of strategy potential is lost to poor action planning. Strategic planning can help startup businesses to grow by making sure that staff and investors are all on the same page, working toward achieving your goals. Without a strategic plan in place, resources…
- South African ed-tech startup FoondaMate has launched operations in Nigeria on a bid to democratise learning and close education inequality gaps with its AI-powered study chatbot. Founded by Dacod Magagula and Tao Boyle in August 2020, FoondaMate has built a chat-based, AI-powered learning bot that…
