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[Nigeria] Bazuze boosts local economy by encouraging people to invest in agriculture commodity trading

In Nigeria, being a farmer has often been synonymous with poverty for quite a while now. This is due to the portrayal of farming as majorly for subsistence; the practice of subsistence farming is carried out majorly due to but not limited to issues facing the sectors especially the smallholder farmers; Low access to funds, […]

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[South Afica] Government launches project to create one million new ICT jobs by 2030.

South Africa’s Communications and Digital Technologies ministry has launched a pilot skills development programme in its commitment to creating one million new jobs by 2030. The pilot has been launched in partnership with MICT SETA. President Ramaphosa has appointed the 4IR commission to address, amongst other things, the skills gaps to future proof SA’s economy and […]

[Ghana] Jack Ma’s Africa Netpreneur Prize Initiative top 10 finalists announced

Alibaba founder Jack Ma’s Africa Netpreneur Prize Initiative (ANPI) has identified the top 10 finalists entrepreneurs for its grand finale event. The finalists were chosen from nearly 10,000 applicants from 50 African countries and will now go on to pitch their business directly to four finale judges. The judges include- Jack Ma, Founder of Alibaba Group and the Jack […]

[Kenya] Kenindia Assurance to use artificial intelligence to curb motor insurance fraud

With over 25% of Kenya’s insurance industry income fraudulently claimed, Kenindia Assurance has taken steps to curb the fraud by incorporating artificial intelligence in its motor insurance claim processes. The insurer is utilizing artificial intelligence to fast track its claims resolutions through the use of anomaly detection, sentiment detection, text analytics and a self-service portal. […]

MTN launches mobile money API hackathon

In pursuit of its goal to contribute to bridging the financial divide, MTN Group has granted third parties access to its Mobile Money (MoMo) Access Programming Interface (API) platform. The open API enables developers and programmers to innovate on the platform and develop products and other solutions that will create a wider range of digital […]

AfriLabs admits 20 new hubs into its network

AfriLabs, the largest pan-African network of technology and innovation hubs has admitted 20 new hubs to its network, spreading its reach farther and wider. The admission of these 20 hubs expands the AfriLabs membership strength to an amazing 174 hubs in 45 countries across all the regions of Africa. In West Africa, AfriLabs grew its […]

[South Africa] FNB opens up its banking app for all consumers

South African financial services provider, FNB has opened up its banking app for all consumers in the country. Through FNB’s AppVenture campaign, all customers regardless of who they currently bank with, will have the opportunity to explore and experience the app’s benefits and features. Non-FNB customers can stand a chance to win one of two R1 million individual grand […]

[Interview] Daniel Murithi, Director, Starling Technologies Limited, Kenya

Dan Murithi is the Director, of Starling Technologies Limited, a web development and software solution company located in Nairobi, Kenya. Can you please introduce your company? Starling Technologies Limited is a proficient web development and software Solution Company based in Nairobi Kenya. We offer an extensive range of services that includes Web application development, Website designing, E-commerce […]

Zimbabweans turn to VPNs following social media shutdown and internet black out

Zimbabweans are turning Virtual Private Network (VPN) technology to circumvent an apparent government internet shutdown according to leading VPN comparison site BestVPN.com. The restrictions have resulted in a spike of interest in VPNs among Zimbabwean internet users, according to internal data from BestVPN.com. The comparison site recorded a 1,560 percent increase on Monday and Tuesday, […]

[Kenya] Victoria Commercial Bank targets tech savvy corporate clients with new solution

Victoria Commercial Bank (VCB), Kenya has gone live with an Appzillon-based omni-channel corporate banking solution to cater to the ever dynamic needs of their tech savvy corporate clients. VCB selected i-exceed over several other vendors due to its proven expertise in delivering digital banking solutions globally and strong technical capabilities. The application will be made […]

[Column] Dominique Collett: South African fintech in 2019 – what can we expect?

Here are my fintech predictions for 2019 based on what we are seeing with our members at AlphaCode which closely track international trends in this space. AlphaCode is the Rand Merchant Investments  (RMI) incubation, acceleration and investment initiative that identifies, partners and grows early stage financial service ventures.  Digital banks  The introduction of TymeBank, BankZero […]

[South Africa] Entelect to acquire a majority stake in Netherlands-based Fixx iT

Entelect, South Africa’s leading software engineering and solutions company, has entered into an agreement to purchase a majority stake in Fixx iT, a software engineering and professional services company headquartered in Zeist, Netherlands. Along with Entelect New Zealand, this investment into Fixx iT continues the international expansion of the company and opens further opportunities for […]

[South Africa] Airlink embraces cloud software solution to boost operations

South Africa based Airlink has been on a modernization strategy. It recently completed its implementation of the TRAX eMRO cloud software solution. eMRO caters to every aspect of aircraft maintenance management. It is deployed via any web browser and allows users to stay connected from any work location. With true offline capability, eMRO automatically synchronizes when […]

African Innovators Shine during Zayed Sustainability Prize’s 2019 Awards Ceremony

African innovators excelled at this year’s Zayed Sustainability Prize annual awards ceremony on January 14 2019, winning in three out of five categories including Energy, Food and Global High Schools. The 2019 Zayed Sustainability Prize, which is the UAE’s pioneering global award in sustainability, honoured leaders whose work and spirit of enterprise has resulted in […]

Pesapal onboards Airline payments for low cost carriers in Kenya

Pesapal has this year started processing payments for low-cost carriers in Kenya. Jetways Airlines, Silverstone Air and Skyward Express will from now on use Pesapal’s integrated payment system to process Mpesa, Visa, mVisa, MasterCard and American Express payments on their respective websites. This not only gives travellers the freedom to pay conveniently for their flights but also makes it […]

[Nigeria] CDC announces new investment to support high-growth SMEs

CDC, the UK’s development finance institution, has announced a new investment designed to support high-growth SMEs in Nigeria. CDC has made a US$15 million commitment to CardinalStone Capital Advisors Growth Fund (“CCA”). CCA is a first-time, Nigeria-focused fund that targets SMEs across six sectors: agriculture, industrials, FMCG, healthcare, education and financial services. CCA will use […]

[Kenya] Andela Secures $100M Series D to build distributed engineering teams and power the future of work

Andela, the company building distributed engineering teams with Africa’s top software developers, today announced the completion of a $100M Series D funding. The round was led by Generation Investment Management with participation from existing investors including Chan Zuckerberg Initiative, GV, Spark Capital, and CRE Venture Capital. The most recent financing brings Andela’s total venture funding […]

[Column] Ian Fogg: Understanding mobile experience in the growth continent of Africa

Across Africa, the download speeds experienced by smartphone users vary greatly, even for countries with similar 4G availability. While users in South Africa, Morocco, Senegal and Kenya connect to 4G signals on average between 72% and 75% of the time, download speeds vary from just 4.4 Mbps in Senegal to 14.4 Mbps in South Africa. […]

African startups go beyond “find a tutor” model to improve educational outcomes

Ed-tech startups connecting learners with tutors are increasingly prevalent across Africa, but these platforms are adding additional components to their models to increase impact. Disrupt Africa’s recently-released Future of Work: Exploring the African Digital Work Landscape 2018 report found Nigeria was a leader in the space, hosting almost half of the continent’s on-demand tutoring startups, with South […]

Young Nigerian, Chimdindu Aneke Joins Facebook As Head Of Startups, Developers

Facebook (FB) has snatched a young Nigerian by name Chimdindu Aneke as Developer and Startup Programs Manager for Sub-Saharan Africa. Though no official statement has been released by Facebook, however, the excited Aneke took to his page to announce the development, adding that Africa’s journey is just 1% finished. His post: “I am highly adrenalized […]

Piggybank.ng Secures $1.1M Seed Funding

Founded in 2016 by Somto Ifezue, Odunayo Eweniyi and Joshua Chibueze, graduates of Covenant University, Nigeria, Piggybank.ng is positioned to fill a void for tens of millions of Nigerians, who have no access to credit, in a country where up to two years’ rent is often required upfront to secure a home. Targeting low-middle income savers in Nigeria, of which there are 26.5M with a market size of $2.2Bn, the fintech start-up is an automated savings platform where savers manage their finances by depositing small amounts of money [starting from as little as USD$1/day] on a daily, weekly or monthly basis, depending on their saving target, free of charge. Savers can expect to earn on average 6% per annum on automated savings or 10.95% per annum on the fixed deposit product, Safelock and can withdraw funds once per quarter. Piggybank.ng generates its revenues through asset management, which currently stands at 5 – 7%.  

Google’s Loon brings internet-by-balloon to Kenya

A network of giant balloons will soon bring internet access to remote regions of rural Kenya. Google’s sister-company Loon has announced its first commercial deal: partnering with Telkom Kenya to deliver connectivity to the region. The firm’s antennae-dangling fleet will ride the wind high above parts of the African country. But experts have warned that […]

Zambia’s eMsika helping farmers buy agricultural inputs

Zambian startup eMsika is helping farmers find, buy and receive agricultural inputs in a fast, trustworthy and convenient way, as well as access markets for their produce. Launched in 2016, eMsika is an e-commerce store for farmers, listing over 300 different products in 10 different categories of agricultural input, including poultry, crop protection chemicals and seeds. “We […]

NIGERIA TO HOST FIRST GOOGLE IMPACT CHALLENGE IN AFRICA

Technology giant, Google has launched a challenge for NGOs called “Google Impact Challenge.” This Initiative is the first of its kind in Africa, as stated by the Google Country Marketing Manager, Affiong Osuchukwu in Lagos, Nigeria. Osuchukwu said that the rationale behind the challenge was to solve Africa’s pressing challenges, maintaining that the tech company […]

Top startup events in South Africa, Africa you should know about this week [14/05/2018]

Looking to get into the South African startup scene or brush up on some of your skills? Well, you’ve come to the right place. This article is part of a weekly series that highlights all the top startup competitions, networking sessions, workshops and conferences around South Africa, and the greater region. If you have any event […]

Kenya’s Kodisher helps landlords, agent manage properties

Kenyan startup Kodisher has developed a proprietary property management platform that enables clients such as landlords and agents to manage processes, transactions and data associated with rental properties. Launched in September of last year, Kodisher has developed an end-to-end platform that provides clients with all the information on their rentals at their fingertips, helping them manage money, […]

Kenyan founder selected for Silicon Valley’s Blackbox Connect

Co-founder of Kenyan transport ticketing startup BuuPass Iman Cooper has been selected to join the 22nd cohort of the Silicon Valley-based Blackbox Connect incubator. Blackbox Connect 22 is a female founders-only edition of the programme, with 15 female entrepreneurs from around the world selected to join the cohort. Kenya’s Iman Cooper is the only candidate from […]

Nigeria’s CcHub selects 4 startups for 2018 incubation programme

The Lagos-based Co-Creation Hub (CcHub) has selected four startups to take part in its 2018 incubation programme, providing them with US$25,000 in funding, free workspace and various types of support. CcHub opened the call for applications for its revamped incubation programme earlier this year, looking for teams with technology solutions that had gained some traction, were generating revenue, […]

Meet Blockstarters, SA’s first crypto and blockchain incubator

Last month, Disrupt Africa reported Zimbabwean cryptocurrencies exchange Golix was expanding into South Africa. An ambitious move for Golix, and one made all the more interesting by the fact it has come about through a partnership with Blockstarters, a crypto and blockchain hub and incubator that aims to assist startups in realizing their full potential. But what is Blockstarters, […]

10 African startups selected for Disrupt Africa Live Pitch Competition

Ten startups from across Africa have been selected to take part in the inaugural Disrupt Africa Live Pitch Competition, which takes place in Nairobi next week. The Live Pitch Competition, the first of its kind to be launched by Disrupt Africa, will be co-located with AHUB East, taking place at the East Africa Com event on Wednesday, […]

Bitcoin-based crowdfunding platform launched in Kenya

Kenyan startup Drofund has launched its bitcoin-based crowdfunding platform for African startups and small businesses, aimed at helping them access global capital. Launched last month, Drofund uses bitcoin as a fundraising currency due to the fact it transcends borders and jurisdictions, enabling African startups to raise capital from anywhere. “We saw a huge funding gap in Africa […]

Jos-based nHub launches developer outsourcing service

Jos-based innovation space nHub Nigeria has launched an outsourcing service to place upskilled young people remote placements with companies and other organisations. Launched in September 2015, nHub Nigeria aims to create a vibrant tech ecosystem in Jos. It secured angel investment in January 2017 to scale its operations. nHub Nigeria co-founder and chief executive officer (CEO) Daser David said the […]

Ghana’s PlaySafe making feminine hygiene products more accessible

Ghanaian startup PlaySafe is aiming to make feminine hygiene products more accessible across Africa, and has just launched its first product – a online period starter kit subscription service. The startup has just rolled out Pinkibox, an online period subscription kit service currently available in Accra and Tema. “The whole idea started in my final year […]

Are Nigerian telecoms subscribers happier in 2018?

The number of complaints by Nigerian telecoms subscribers in Q4 2017 decreased slightly according to the newly-summarised quarterly complaints report released by the Nigerian Communications Commission (NCC). The regulator said as, at the end of last year, it received a total of 17,247 complaints – representing a minor decrease from the Q3’s record of 18,711 […]

SA to develop best practices for incubators

The Southern African Business and Technology Incubation Association (SABTIA) has been mandated by South Africa’s Department of Small Business Development to develop best practices within the region’s incubator community and create a supportive entrepreneurial ecosystem for incubation in both the formal and informal sectors. SABTIA is an independent association formed to promote and coordinate business incubation […]

MTN picks Chapel Hill, RMB, others for planned IPO

Stakeholders expect biggest offer in market South African telecoms firm, MTN, has appointed a Nigerian investment firm, Chapel Hill Denham, as lead manager for the planned sale of $500 million shares in its Nigerian business during the first half of this year. A source said South Africa’s Rand Merchant Bank, Renaissance Capital and Vetiva Capital […]

Abuja hosts Africa at the 2018 Internet Freedom Forum

From April 24 to April 26, 2018, the city of Abuja will play host to the annual Internet Freedom Forum organized by Paradigm Initiative. The forum comes at an important time when many Africans fear for their freedom online. According to Paradigm Initiative, the Lagos-based organizers of the Forum, “the Forum helps bring attention to […]

Lagos begins removal of dangerous communication masts

The Lagos State Government said it had begun dismantling and removing abandoned and substandard communication masts compromising the safety of residents across the state. Mrs Olayemi Oni, general manager, Lagos State Infrastructure Maintenance and Regulatory Agency (LASIMRA), said the measure was to ensure safety and remove environmental hazards. She said the agency was reaching out […]

African businesses are driving economic integration on the continent faster than policymakers

The long-held dream of economic integration in Africa is becoming more of a reality—thanks a crop of companies defying high odds. Despite the obvious difficulties of being a pan-African business, economic integration across the continent is “gathering speed,” according to a new report by the Boston Consulting Group (BCG). African companies, including airlines, financial institutions and telecoms […]

Nigeria’s DomainKing.NG announces Crazy Discounts on .NG domains

Nigeria’s leading accredited domain registrar DomainKing.NG has announced big discounts on new registrations of .ng domains till 30, April 2018. The company’s initiative is called the ‘Crazy NG Sale’. During the sale period from April 5 till 30th April 2018, Nigerian SMEs and individuals can register .ng domains at almost 70% reduction on normal .ng registration cost. The 3rd level .ng i.e. […]

Seedstars winner AgroCenta secures third of $750 000 funding from US investor

Fresh off being named 2018 Seedstars Global winner, Ghanaian agritech startup AgroCenta is hoping to raise $750 000 in funding in a new seed round and has raised about a third of this from a US investor, the startup’s co-founder Michael Ocansey said. Ocansey was speaking to Ventureburn last Thursday (12 April) at the Seedstars Summit in Lausanne, Switzerland, where […]

SA’s Sun Exchange launches SUNEX network token

South African blockchain-based solar micro-leasing marketplace Sun Exchange has launched SUNEX, a new digital network token built for the Sun Exchange platform. Sun Exchange, which secured a US$1.6 million funding round last year, allows members to earn income while helping to bring solar power to developing global regions. Through its online platform, members can purchase solar photovoltaic […]

Kenya’s AfricanStockPhoto builds strong active user base

Kenyan startup AfricanStockPhoto has acquired an active user base of 100 photographers across the continent since its launch, helping it grow its imagery database into the thousands. Launched as a side project in 2015 by Dicky Hokie and Sitati Kituyi, AfricanStockPhoto went public in February 2017. The startup raised a US$50,000 pre-seed round in November of last […]

Nigeria’s ChopUp secures worldwide distribution deal

Nigerian gaming startup ChopUp has secured a partnership with US-based mobile game publisher GameMine, for its Africa-themed games to be distributed worldwide. Launched in 2012 in Nigeria, ChopUp is a mobile gaming company developing locally relevant games with an African narrative, with the games allowing users to interact based on in-game achievements. The partnership announced last week […]

Finde, an exciting new App that finds tourist sites, announces events, describes businesses

There are many beautiful tourists sites in Ghana hidden but begging to be found and patronized. There are many businesses, small-scale enterprises operating in the dark waiting for cheaper, a better place to announce their presence and their services. If you are neither a tourist nor a business owner, you, at least, must have organized […]

BitPesa plotting continued African expansion

Kenya-based payments startup BitPesa is planning further expansion across Africa after making Ghana its latest market, but is focused on strategic partnerships rather than further funding at this point. Disrupt Africa reported last week BitPesa, a digital foreign exchange and payments platform that leverages blockchain settlement to lower the cost and increase the speed of business payments […]

Nigeria’s greatness will be anchored on science and technology, says Onu

*Chemistry pavilion building inaugurated at ASCO in Imo, to be replicated in six -geo-political zones  The Federal Government has declared that its greatness would be anchored by its attachment to Science and Technology. It also said the collaboration with the Vatican City of Catholic community would be sustained. Minister of Science and Technology,  Dr. Ogbonnaya […]

App that helps women identify and quit abusive relationships to launch in Kenya

A smartphone app to help women identify if they are in an abusive relationship and safely leave will be launched in some African countries next year, its developer said. Myplan, an app developed by researchers at Baltimore-based Johns Hopkins University School of Nursing, has about 10,000 users in the United States. There are also versions […]

SITA Air Transport Community Foundation Innovation Award 2018 opens applications

The SITA Air Transport Community Foundation, based in the UK, in conjunction with Wits University and the Tshimologong Precinct, has launched an innovation competition to address the question ‘What information, tools or technology will first-time air travelers in Africa need to make their journeys easy, successful and enjoyable?’. The SITA Air Transport Community Foundation Innovation […]

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