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Reporting filed under Startups.
Showing 81–99 of 99 articles
AgricTech
US-based BG Titan Group has launched its Titan E-Farms initiative in Uganda. This launch represents a first step aimed at transforming agriculture across East Africa. With a total project size exceeding $650 million, the Titan E-Farms project aims to establish a sustainable agricultural model that supports economic growth while tackling critical environmental challenges. On the
AgricTech
Nigerian open banking startup, Okra, has officially made its entrance into the cloud infrastructure market on the wings of its new service, Nebula. Nebula is a new cloud service designed to support local innovation and reduce reliance on foreign solutions. This feature positions Nebula competitively against local rivals like Nobus, Galaxy and Layered – all
Funding
Climate Tech to contribute to combating climate change
Funding
South African shipping company for eCommerce exporters, TUNL, has completed a seed round to boost marketing support for small and medium sized enterprises (SMEs). This funding comes ten months after the startup announced its $1 million pre-seed funding to accelerate its expansion within its primary market, South Africa. At the same time, it aims to
FinTech
The launch of Kazang Pay in Zambia comes on the heels of the introduction of the solution in South Africa, where around 60,000 small and micro merchants use Kazang Pay to accept card payments.
Funding
Funding to provide early stage capital to at least 50 startups
FinTech
TymeBank surpasses 10 million customers six years after funding
Startups
Nine innovative African startups across various sectors have been honored on the Norrsken 2024 Impact/100 list, highlighting the continent’s growing potential to tackle global challenges through technology and entrepreneurship. The Impact/100 list, curated by the Norrsken Foundation, features 100 of the most promising impact startups worldwide, described as “100 ways to fix the future.” This
Startups
Raiz is set to transform the way Nigerians interact with banking services by introducing multi-currency accounts and leveraging advanced artificial intelligence technologies. This groundbreaking approach aims to make banking more accessible, efficient, and inclusive for individuals and businesses alike. One of the standout features of Raiz is its Global Passport Account, which allows users to
Startups
TechCrunch has announced that eight African startups—seven from Nigeria and one from Morocco—have been selected to participate in the prestigious Startup Battlefield 200 competition for 2024. This annual event shines a spotlight on the world’s top early-stage ventures, providing them with a global platform to pitch their innovative ideas, gain invaluable exposure, and compete for
Startups
Elon Musk-owned satellite company continues to make inroads into Africa
FinTech
Mitesh Popat Replaces O’Neal Bhambani as Chief Financial Officer
FinTech
Tanzanian FinTech Startup, NALA Follows in Flutterwave’s Market Entry as it obtains a Money Remittance License in Uganda
Funding
Chpter’s Acceptance into Norssken and Safaricom Park Accelerator Programs May Have Strengthened Closing Pre-seed Deal
Funding
Kredete, a Nigerian financial software platform has raised US$2.25 million in seed funding to help it further scale across the continent. Having already built a presence in up to 20 African countries, Kredete is focused on enabling African Immigrants to builf credit scores and send money back home. Kredete was founded in 2023 with the
M&A
Currency devaluation results in $1.9 billion in losses in the 2023 fiscal year
Funding
Payments and liquidity platform aims to solve trade deficits resulting from increasing demand for the dollar
M&A
Inability to service debts, cash flow problems, and electricity stability cripple Hohm Energy
Startups
Agricultural data analytics startup, Gro Intelligence has reportedly decided to shut down its operations in the United States of America. This comes on the heels of its difficulty of securing sufficient capital to stay in business. The company is also under investigation by the United States Securities and Exchange Commission (SEC) reportedly over fraud. AgFunderNews