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Absa invests in SA startup stock exchange A2X Markets

SA startup stock exchange A2X Markets has netted an undisclosed amount in investment from Absa bank. In an announcement yesterday, the startup said Absa…

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[Apply] Startups In Somalia Are Invited To Apply To Innovate Ventures’ $30k Somali Accelerator Programme

Early stage startups based in the Somali region are invited to apply to Innovate Ventures accelerator programme, which offers up to US$30,000…

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Loon signs deal to expand commercial internet service to Mozambique

Loon,  the Alphabet -owned company that’s using stratospheric balloons to provide high-speed bandwidth to hard-to-serve areas without strong ground infrastructure, has signed a…

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African Crowdfunding Association probing controversial Uprise.Africa

The African Crowdfunding Association (ACfA) is conducting a review this week of equity crowdfunding platform Uprise.Africa, the association’s CEO and chairperson of the…

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AHOY raises Seed round to disrupt with its mobility technology despite COVID-19

AHOY is the first startup, globally, to provide micro-multimodal mobility with (secure, hot, and cold) supply chain logistics for last-mile operations through…

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Egypt’s QNB ALAHLI Receives $200 Million Under EBRD Solidarity Package to Help SME’s

Egyptian Bank has become the first financial institution in the country to receive the European Bank for Reconstruction and Development (EBRDs)…

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Innovators With eLearning Solutions, Apply For The Design4Zim Challenge

Impact Hub together with ACT in Africa, Stimulus and TechVillage have announced the 3rd challenge in the Design4Zim competition. The…

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Egyptian end-to-end distribution platform Brimore raises $3.5m

Egyptian end-to-end distribution platform Brimore has raised $3.5m in a Pre-Series A round led by Algebra Ventures, with participation from Disruptech, Vision Ventures, and…

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Egypt’s Beauty Startup Source Beauty Secures Investment From 500 Startups

Barely two years down the line, Cairo-based beauty e-commerce startup Source Beauty is defying all the odds and preferences for essential services…

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Kenya: Fanisi Capital acquires a minority stake in St Bakhita Schools for $2mln

Venture fund Fanisi Capital acquired a minority share in the capital of the Kenyan school St Bakhita Schools for about…

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