south

South African Startup AI-BO Disrupts The Market Research Space

AI-BO, a research platform that allows businesses to survey their targeted audience through WhatsApp, aims to democratise research by delivering insights and survey data to small businesses in just 2 – 3 days. AI-BO was founded in April in collaboration with The Delta, a local venture builder. At its core, AI-BO’s mission is to help …

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Cape Town tech startup secures R7-million in funding

Cape Town-based online advertising tech startup Adbot has secured R7-million ($500 000) in capital raise from Enygma Ventures, an investment funding dedicated to supporting female entrepreneurs and women founders in Southern and Eastern Africa. Adbot secures R7-million in funding Lelemba Phiri, operating partner of Engyma ventures provides insight into why they decided to fund Adbot. …

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Nigerian fintech startup Payhippo secures $3-million

Lagos based tech startup Payhippo has secured a reported $3-million in seed funding from several funders including; Ham Serunjogi and Maijid Moujaled, co-founders Chipper Cash, Olugbenga “GB” Agboola, founder Flutterwave, Bolaji Balogun, CEO Chapel Hill Denham, and Hakeem Belo-Osagie, Founder Metis Capital Partners. Other angel investors include management from Paystack, Brex, and Tala and several …

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Egypt tech startup Breadfast secures $26-million in series A round

Cairo-based tech startup, Breadfast, a grocery delivery platform, has secured $26-million in a Series A round of funding co-led by Vostok New Ventures and Endure Capital. The round included participation from JAM Fund, led by Justin Mateen, Co-Founder of Tinder, YC Continuity Fund, a large Saudi-based group, Abu Dhabi based Shorooq Partners, 4DX Ventures and …

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Nigerian tech startup launches country’s first digital address verification service

Nairobi-based , a smart addressing tech startup has partnered with Interswitch Group to launch its smart address verification product.  OkHi launches Nigeria’s first digital address verification According to reports, Interswitch’s Quickteller, a payment and wallet service is the first business in Nigeria to use the OkHi address verification service. With the service, banks will be able …

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SA’s Privately Owned Startup CIRT Identified As A Unicorn – TechFinancials

Ajay Lalu, co-founder of CIRT Consumption Information Real Time (CIRT), a successful leading-edge tech start-up, has been selected to join Cohort 5 of GSD Venture Studios. GSD Venture Studios is a leading global tech accelerator that focuses on identifying global technology companies with the potential to compete in global markets. “GSD Venture Studios travels the …

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Stellenbosch financial edtech startup secures funding

Based in the Western Cape, has secured an undisclosed amount in funding from ZAQ Ventures (Venture Studio), a venture capital firm that focuses on investing in startups. This funding has been secured from an angel round.  FinMeUp secures undisclosed amount in funding According to reports, the undisclosed amount of funding will be used towards the …

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Local cryptocurrency startup partners with SA exchange

Mossel Bay-based South African crypto startup SAFCOIN has announced a partnership with South African exchange ChainEX. This partnership means that SAFCOIN will be listed on ChainEx.  SAFCOIN lists on ChainEX In an official press statement, SAFCOIN explains the importance of the partnership with ChainEX.  “Throughout the evolution of cryptocurrency, partnership with roleplayers in the industry …

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Tech StartupAct Lobby: Why the Tech Startup ecosystem met with President Ramaphosa?

It’s very rare for the South African tech startup ecosystem to get attention from the South African government. By nature startups just do what they do without the need to consult with government. Across the globe most startups surprise governments with innovations that get governments to pay attention. In South Africa the tech startup ecosystem …

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Nigerian automotive tech startup secures $13.1-million

Lagos-based automotive tech startup  has secured a whopping $13.1-million in seed funding led by  and  with participation from existing investors  , , . In addition, several new investors namely; SK Capital and  contributed to the seed funding round.  Autochek has secured $13.1-million in funding According to reports, the funding will be used toward the startup’s expansion plan to reach more West African …

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