Startup News

Top 5 pan-African startup developments in 2017

It was another busy year of activity in the African tech startup space, with some major global players becoming heavily involved in various ecosystems. Disrupt Africa wraps up some of the most exciting initiatives and major news story from across 2017. The World Bank arrives The World Bank launched its XL Africa programme early in …

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Fintech Startup Franc is Making Investment Smooth for South Africans

The savings and investment culture appears to be on the backdrop across Africa, possibly due to the high unemployment rate on the continent as well as the several menial jobs available that cant offer payment to sustain a household. This sad situation definitely has led to a poor investment culture in this part of the …

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Africa Startup Summit kicks off in Kigali

The inaugural Africa Startup Summit kicks off in Kigali, Rwanda, today, with over 400 attendees expected at the two-day event celebrating the continent’s startup, investment, and innovation ecosystem. The Africa Startup Summit brings stakeholders in the tech startup space from around the continent together in Kigali today and tomorrow (February 14 -15), to explore the …

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Applications open to Pitch Live at Africa Startup Summit

Applications are open to startups from around the continent to Pitch Live at the Africa Startup Summit in Kigali in February, with 10 startups to be given the chance to take to the stage before an audience of over 400 investors, corporate partners, accelerators and media. The Africa Startup Summit will bring together stakeholders in …

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Uganda’s M-SCAN wins TechCrunch Startup Battlefield Africa

Ugandan startup M-SCAN, which develops portable mobile ultrasound devices, has been crowned Sub-Saharan Africa’s Most Promising Startup at the second edition of TechCrunch Startup Battlefield Africa in Lagos, Nigeria. The Startup Battlefield Africa event took place in Lagos yesterday (December 11) after its first edition in Nairobi, Kenya, last year, which was won by Kenyan …

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Nigerian fintech startup Paystack acquired by Stripe in landmark moment for African tech ecosystem

The African tech ecosystem has witnessed a landmark moment after Nigerian fintech company Paystack was acquired by global payments leader Stripe in a deal reports say could be worth more than US$200 million. Launched in January 2016 by Shola Akinlade and Ezra Olubi, Paystack is a payments company that helps businesses in Africa get paid …

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LISTED: 15 Best Countries for Business in Africa | How Africa News

The African continent is buzzing with potential. Rich in natural resources, a hardworking population, and huge gaps and opportunities for anyone who wants to succeed in business. Yes there are challenges, but there is also huge potential for growth in almost any sector. Based no Forbes‘ list, we have compiled Africa’s top countries for business. …

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Mauritius-based startup Bongéni launches same-day delivery, logistics platform

Mauritian tech startup Bongéni has launched an online platform where individuals and businesses who seek moving and home delivery services can be matched with relevant transportation options provided by a fleet of independent drivers.  Bongéni was formed in August 2019, but only rolled out its service in June of this year, offering an Uber-style transportation …

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Nigerian prop-tech startup Spleet expanding to Ghana, Rwanda and Kenya

Nigerian prop-tech startup Spleet is expanding to Ghana, Rwanda and Kenya this year as it transitions towards an Airbnb-style self-hosting model for Nigerians travelling abroad. Founded in August 2017 from the need to find rentals with flexible payment options in Lagos as opposed to the usual one or two year upfront payment options, Spleet allows …

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10 startups selected to Pitch Live at Africa Startup Summit

Ten companies from across the continent have been selected to pitch on stage to investors, corporates, media and other stakeholders at the Africa Startup Summit in Kigali, Rwanda next month. The inaugural Africa Startup Summit, one of three summits taking place at Africa Tech Summit Kigali, will bring together stakeholders in the tech startup space …

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