Pan-African Data and Intelligence Company Stears Rethinks Its Business Model
Stears, a Pan-African data and intelligence company is changing its business model from B2C to B2B.
5 Tech Communities in Africa for Non-Technical People Trying to Enter the Tech Industry
Non-technical people looking to get into tech are people with little or no-code skills but possess relevant skills the tech...
Zambia Joins the List of Starlink’s Internet Enabled African Countries
Starlink was officially launched in Zambia yesterday, October 5. This makes Zambia the sixth country in Africa to have access to the service.
South African Fintech Startup Stitch Secures $25m Series A Extension Round
Stitch processes over 50 million payments annually, and over $2 billion in value, for some of the largest businesses operating in South Africa, including MTN and Multichoice.
Hybrid Solar Company WATT Raises $13m to Fuel Renewable Energy Solutions in Nigeria.
WATT is an independently-owned provider of hybrid solar solutions and delivers hybrid solar solutions with social impact to mobile network operators, financial service providers, and C&I businesses in Africa.
South African Insurtech Startup, Root Secures $1.5M to Boost Global Market Expansion
Root empowers businesses to independently develop and deploy insurance products by simplifying the complexities of insurance through user-friendly APIs.
Google Has Announced a ₦75 Million Hustle Academy Fund to Support Nigerian SMEs
Google has opened applications for an equity-free fund of ₦75 million (US$100,000) through its Hustle Academy, an initiation dedicated to amplifying the growth of Nigerian small and medium-sized enterprises (SMEs).
Nigeria Dominates African Startups in Techstars Toronto’s 2023 Summer Cohort.
Techstars Toronto 2023 summer cohort includes ten African startups out of 24 Startups. Five out of the ten African startups are from Nigeria with most of them being fintechs.
P1 Ventures Launches $50 million Fund to Support Early-stage Startups in Africa
P1 Ventures describes itself as “a high-conviction investor that intentionally focuses on a small number of exceptional African founders and companies building transformational software businesses with regional and global potential”.
Enza Capital to Support African Startups with $58 million and a Founder Partner Program
Launched in 2019, Enza Capital has been supporting tech companies across fintech, logistics, health, human capital, and climate verticals in Africa.